49 E Russet Way Palatine, IL 60067
Reseda Neighborhood
4
Beds
2.5
Baths
2,911
Sq Ft
0.25
Acres
Highlights
- Waterfront
- Colonial Architecture
- Property is near a park
- Palatine High School Rated A
- Community Lake
- 4-minute walk to Cherrywood Park
About This Home
As of April 2025Stop 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
Baird & Warner License #475180286 Listed on: 03/24/2025
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 Garage
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
- 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
- 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
- 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 a park
Community Details
- Reseda West Subdivision
- Community Lake
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,981
Avg. Annual Appreciation
38.05%
Original Mortgage
$328,000
Outstanding Balance
$327,209
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$131,772
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | $472,500 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 |
|---|---|---|---|---|
| 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
-
Leslie Ambrose
Seller's Agent in 2025
Leslie Ambrose
Baird Warner
(847) 845-3356
3 in this area
64 Total Sales
-
Volodymyr Yakubiv
Buyer's Agent in 2025
Volodymyr Yakubiv
Core Realty & Investments, Inc
(224) 235-4336
1 in this area
35 Total Sales
-
Olga Kaminska
Buyer Co-Listing Agent in 2025
Olga Kaminska
Core Realty & Investments Inc.
(312) 477-6806
1 in this area
282 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12312365
APN: 02-11-303-017-0000
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