NOT LISTED FOR SALE

477 E Home Ave Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $731,646 - $802,000

5 Beds
3.5 Baths
3,500 Sq Ft
$218/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2024

Last sale price $686,101 $196 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,214 / mo

1 Day on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Recreation Room
  • Palatine High School Rated A
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of May 2024

Multiple offer Received. Calling for Highest and Best Due 4/7 6pm! Welcome to Concord Mills! This stunning home, built by Concord Homes, offers over 3500 square feet of living space. Featuring a 2-story foyer and living room, 5 bedrooms and 3.1 bathrooms, including a first-floor bedroom with an en-suite bath. The recently updated main level has new hardwood flrs, new kitchen boasts white soft cabinetry, quartz countertops and stainless steel appliances, with a dinette, spacious family room and a 3-season sunroom overlooking the spacious backyard makes this home perfect for entertaining. The bright primary bedroom features cathedral ceilings, walk-in closets, and a semi-updated bath. With an automatic sprinkler system, garage with extra-high ceilings, and a location near top-rated schools, highways, and amenities, this home is a must-see! First time on the the market! Homes in this subdivision rarely goes on the market.

Last Agent to Sell the Property

Johnny Phan

Baird & Warner License #475167191 Listed on: 04/05/2024

Baird & Warner

Last Buyer's Agent

Mohan Sebastian

Achieve Real Estate Group Inc License #475127432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,557

Year Built

  • Built in 1996 | Remodeled in 2023

Lot Details

  • 8,999 Sq Ft Lot
  • Fenced Yard
  • Wood Fence
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,557

Year Built

Built in 1996 | Remodeled in 2023

Lot Details

8,999 Sq Ft Lot

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Gas Cooktop, Gas Oven, Range Hood
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 3500
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn
  • Room Type: Bedroom 5, Office, Recreation Room, Foyer, Sun Room, Eating Area
  • Estimated Total Finished Sq Ft: 3649
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 3649
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped, Sidewalks, Streetlights, Wood Fence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone,Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 4
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 6
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 210
  • Association Fee Frequency: Annually
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2066
  • Lot Dimensions: 9000
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12557
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 2, 2024
Sold by
Bought by
Seller's Agent
Johnny Phan
Baird & Warner
Buyer's Agent
Mohan Sebastian
Achieve Real Estate Group Inc
List Price
$620,000
Sold Price
$686,101
Premium/Discount to List
$66,101
10.66%
Views
55
Current Estimated Value
$762,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,311
Avg. Annual Appreciation
5.10%
Original Mortgage
$449,090
Outstanding Balance
$441,290
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$321,122

Purchase Details

Closed on
May 29, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.28%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$686,500 None Listed On Document
-- First American Title Ins Co
-- First American Title Ins Co
-- Attorney
$321,000 Ticor Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $449,090
Previous Owner $187,000
Previous Owner $222,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold $686,101 +10.7% $196 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $620,000 -- $177 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,036 $65,000 $13,950 $51,050
2024 $13,036 $50,000 $11,700 $38,300
2023 $12,557 $50,000 $11,700 $38,300
2022 $12,557 $50,000 $11,700 $38,300
2021 $13,490 $47,533 $6,750 $40,783
2020 $13,420 $47,533 $6,750 $40,783
2019 $14,299 $53,289 $6,750 $46,539
2018 $14,042 $48,619 $6,075 $42,544
2017 $13,794 $48,619 $6,075 $42,544
2016 $13,078 $48,619 $6,075 $42,544
2015 $12,764 $44,166 $5,625 $38,541
2014 $12,626 $44,166 $5,625 $38,541
2013 $12,285 $44,166 $5,625 $38,541
Source: Public Records

Agents Affiliated with this Home

  • Johnny Phan

    Seller's Agent in 2024

    Johnny Phan

    Baird & Warner

    (773) 852-9261

    2 in this area

    155 Total Sales

    Johnny Phan
    Section Image
  • Mohan Sebastian

    Buyer's Agent in 2024

    Mohan Sebastian

    Achieve Real Estate Group Inc

    (847) 331-1123

    1 in this area

    91 Total Sales

    Mohan Sebastian
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12020970

Midwest Real Estate Data (MRED)

APN: 02-11-211-008-0000

Illinois Cook County Palatine 60074 Virginia Lake

477 E Home Ave, Palatine, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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