NOT LISTED FOR SALE

493 E Thornhill Ln Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $589,000 - $696,000

4 Beds
3 Baths
3,200 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2021

Last sale price $412,500 $129 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,371 / mo

77 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Combination Dining and Living Room
  • Palatine High School Rated A
  • Garden Bath

About This Home

As of November 2021

PERFECT HOME WITH MANY UPDATES, WHITE CABINETS, STAINLESS APPLIANCES,OAK RAILS ON STAIRCASE, 9 FT CEILINGS,2 STORY LIVING ROOM. CUSTOM WOOD FLOORS IN LIVING ROOM, DINING ROOM, AND KITCHEN, FINISHED BASEMENT, PRIVATE BACKYARD WITH BEAUTIFUL DECK. YOU WILL LOVE LIVING HERE!!!!

Last Agent to Sell the Property

JOSEPH FERLITA

Platinum Team Realty LLC License #471004467 Listed on: 07/29/2021

Last Buyer's Agent

Keywon Kim

@properties Christie's International Real Estate License #475163065

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1996

Lot Details

  • 8,712

HOA Fees

  • $14 per month

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • Dual Sinks
  • Garden Bath
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1996

Lot Details

8,712 Sq Ft Lot

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Colonial
  • Directions: Hicks SOUTH OF DUNDEE TO HOME EAST TO THORNHILL
  • Lot Size: 75X120
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Concord Mills
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Partial
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 3200
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 3200
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 800
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Some Carpeting
  • Dining Room Type: Game Room

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Electric: 200+ Amp Service
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee: 165
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Other

Schools

  • Junior High Dist: 211
  • Middle Or Junior School: Walter R Sundling Junior High Sc

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 10756
  • Tax Year: 2019

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
Jul 29, 2021
Closed on
Nov 16, 2021
Sold by
Bought by
Seller's Agent
JOSEPH FERLITA
Platinum Team Realty LLC
Buyer's Agent
Keywon Kim
@properties Christie's International Real Estate
List Price
$439,000
Sold Price
$412,500
Premium/Discount to List
-$26,500
-6.04%
Current Estimated Value
$630,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,712
Avg. Annual Appreciation
9.67%
Original Mortgage
$312,500
Outstanding Balance
$289,943
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$340,269

Purchase Details

Closed on
Jun 28, 2004
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
$330,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 1999
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
$227,000
Interest Rate
6.81%

Purchase Details

Closed on
Jun 27, 1996
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
$167,000
Interest Rate
8.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$412,500 Chicago Title
-- 1St American Title
$304,000 --
$280,000 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 $312,500
Previous Owner $330,000
Previous Owner $227,000
Previous Owner $167,000
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
11/17/2021 11/17/21 Sold $412,500 -6.0% $129 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $439,000 -- $137 / 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 $11,453 $54,000 $13,950 $40,050
2024 $11,453 $42,000 $11,700 $30,300
2023 $12,029 $42,000 $11,700 $30,300
2022 $12,029 $42,000 $11,700 $30,300
2021 $10,777 $36,514 $6,750 $29,764
2020 $10,689 $36,514 $6,750 $29,764
2019 $10,756 $40,936 $6,750 $34,186
2018 $11,149 $39,311 $6,075 $33,236
2017 $10,957 $39,311 $6,075 $33,236
2016 $10,438 $39,311 $6,075 $33,236
2015 $10,354 $36,321 $5,625 $30,696
2014 $10,244 $36,321 $5,625 $30,696
2013 $9,965 $36,321 $5,625 $30,696
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JOSEPH FERLITA

    Platinum Team Realty LLC

    (847) 809-5636

    1 in this area

    15 Total Sales

    JOSEPH FERLITA
    Section Image
  • Keywon Kim

    Buyer's Agent in 2021

    Keywon Kim

    @ Properties

    (847) 414-9361

    1 in this area

    34 Total Sales

    Keywon Kim
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11171878

Midwest Real Estate Data (MRED)

APN: 02-11-210-018-0000

Illinois Cook County Palatine 60074 Virginia Lake

493 E Thornhill Ln, 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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