$410,000
SOLD APR 25, 2025
4 Beds
2.5 Baths
2,911 Sq Ft
10,890 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

13% Below List Price

8 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Property is near park
  • Palatine High School Rated A
  • Community Lake
  • 4-minute walk to Cherrywood Park

About This Home

As of April 2025

Stop the car! In the Best neighborhood! Investor special! Estate sale - sold AS-IS with all contents included. Spacious 4 bed / 2.5 bath with approximately 2900+ sq. ft., priced below market for the right buyer. This home needs some work but has incredible potential. Features include a newer furnace, a primary suite with an attached bath, a large living room/dining room comb and a family room off the large eat in Kitchen. Situated on a great lot with a water view, walking path and close to schools and parks with a deep 2-car garage in a desirable neighborhood. Fantastic opportunity for investors or buyers looking to renovate and build equity. Calling for Highest and Best by Monday March 31 4pm

Last Agent to Sell the Property

Leslie Ambrose

Baird & Warner License #475180286 Listed on: 03/24/2025

Baird & Warner

Last Buyer's Agent

Volodymyr Yakubiv

Core Realty & Investments, Inc License #475213069

Core Realty & Investments, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,161

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x138
  • Waterfront
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,911 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Utility Room with Study Area
  • Water Views
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Lincoln Elementary School
  • Walter R Sundling Middle School
  • Palatine High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near park

Community Details

  • Reseda West Subdivision
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,161

Year Built

Built in 1972

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: RESEDA WEST
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
  • Basement: Partially Finished, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood, Wood
  • LivingArea: 2911
  • Room Type: Recreation Room, Workshop, Foyer, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 4400
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 4900
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • View: Water
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Garage Owned, Attached, Driveway, Owned, Garage
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Middle School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 75X138
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6161
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Apr 22, 2025
Sold by
Fallico Patricia A
Bought by
Vnuk Marianna and Yevchuk Stepan
Seller's Agent
Leslie Ambrose
Baird & Warner
Buyer's Agent
Volodymyr Yakubiv
Core Realty & Investments, Inc
List Price
$469,900
Sold Price
$410,000
Premium/Discount to List
-$59,900
-12.75%
Views
103
Current Estimated Value
$520,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,399
Avg. Annual Appreciation
19.13%
Original Mortgage
$328,000
Outstanding Balance
$325,585
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$154,359
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

Date Type Sale Price Title Company
Warranty Deed $410,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $410,000 -12.7% $141 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $469,900 -- $161 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

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 $6,172 $56,000 $9,619 $46,381
2024 $6,172 $43,000 $8,100 $34,900
2023 $6,161 $43,000 $8,100 $34,900
2022 $6,161 $43,000 $8,100 $34,900
2021 $6,802 $36,222 $5,062 $31,160
2020 $6,242 $36,222 $5,062 $31,160
2019 $6,185 $40,472 $5,062 $35,410
2018 $6,714 $41,472 $4,556 $36,916
2017 $6,472 $41,472 $4,556 $36,916
2016 $6,968 $41,472 $4,556 $36,916
2015 $7,932 $37,592 $4,050 $33,542
2014 $7,672 $37,592 $4,050 $33,542
2013 $7,653 $37,592 $4,050 $33,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12312365

Midwest Real Estate Data (MRED)

APN: 02-11-303-017-0000

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