494 W Fontenay Way Palatine, IL 60067
Baldwin Neighborhood
3
Beds
2.5
Baths
2,844
Sq Ft
$380/mo
HOA Fee
Highlights
- Water Views
- Pond
- Loft
- Palatine High School Rated A
- Wood Flooring
- Corner Lot
About This Home
As of January 2025This incredible townhome in sought after Villas of Fontenay is a rare find! It's the largest floorplan and lives like a single-family home with over 2,800 square feet of finished spaces plus a huge basement for storage, play, or hobbies. Nestled in the perfect spot next to the gazebo and pond and backing to mature trees, this end unit provides additional privacy, lovely views, and pure tranquility. As you move inside, your eyes will be immediately drawn to the soaring 2 story ceilings and many large windows in the living space that provide abundant natural light and lovely outdoor views. At the center of this room is the fireplace that offers a beautiful focal point and backdrop for cozy evenings at home. A built-in dry bar makes entertaining a breeze. The kitchen is huge and flows easily to the dining room and living area. Delight in cooking or baking your favorite recipes-a double oven and massive island make it easy to channel your inner top chef and share your creations with family and friends. You'll find ease of flow and multiple prep and serving areas with plenty of room for more than one cook! An incredible amount of cabinetry, a walk-in pantry, and built-in desk provide an opportunity for uncluttered, organized living. On the main level, you'll also find an office that could serve as a bedroom, a half bathroom, and a huge laundry/mudroom. Head to the 2nd level and find a sunny loft-the perfect spot to get lost in a good book or set up a yoga or meditation corner. There are 3 bedrooms, including an incredible primary suite with huge walk-in closet and ensuite bathroom featuring a deep tub, walk-in shower, and extended vanity with dual sinks and seating area for makeup. Most of the home was professionally painted prior to going on the market and you'll find hardwood flooring throughout most of the main level. The basement is a deep pour style with taller ceilings and has roughed in plumbing making it easy to finish the space and add a bathroom. Tons of storage throughout. Nice garage with storage cabinets. Close to everything Palatine has to offer-downtown restaurants, nightlife, shopping, and seasonal events, easy access to Metra train and area expressways, beautiful Palatine Hills golf course, walking and bike trails, and more!
Last Agent to Sell the Property
Baird & Warner License #475144690 Listed on: 11/22/2024
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 2003
HOA Fees
- $380 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
Interior Spaces
- 2,844 Sq Ft Home
- 2-Story Property
- Blinds
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Loft
- Water Views
Kitchen
- Double Oven
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Unfinished Basement
- Basement Fills Entire Space Under The House
- Rough-In Basement Bathroom
Accessible Home Design
- Grab Bar In Bathroom
- Accessibility Features
Outdoor Features
- Pond
- Patio
Schools
- Gray M Sanborn Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Other Tax Exemptions
Community Details
Overview
- Association fees include exterior maintenance, lawn care, snow removal
- 4 Units
- Fontenay Subdivision
- Property managed by Self - Managed
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Jan 9, 2025
Sold by
William C Wilbanks Trust and Penelope A Wilbanks Trust
Bought by
Rahman Mohamed A and Rahman Julie A
Seller's Agent
Shaunna Burhop
Baird & Warner
Buyer's Agent
Gary Grossman
Coldwell Banker Realty
List Price
$499,900
Sold Price
$482,000
Premium/Discount to List
-$17,900
-3.58%
Total Days on Market
17
Views
41
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
$5,779
Avg. Annual Appreciation
3.19%
Original Mortgage
$270,000
Outstanding Balance
$269,290
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$218,489
Purchase Details
Closed on
Aug 1, 2011
Sold by
Willbanks William and Wilbanks Penelope
Bought by
Wilbanks William C and William C Wilbanks Trust
Purchase Details
Closed on
Jul 28, 2004
Sold by
Fontenay Llc
Bought by
Wilbanks William and Wilbanks Penelope
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Similar Homes in the area
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 | $482,000 | None Listed On Document | |
| Warranty Deed | $482,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $523,000 | 1St American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | New Conventional | |
| Closed | $270,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $482,000 | -3.6% | $169 / Sq Ft |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $499,900 | -- | $176 / 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 | -- | $37,000 | $6,000 | $31,000 |
| 2023 | -- | $37,000 | $6,000 | $31,000 |
| 2022 | $0 | $37,000 | $6,000 | $31,000 |
| 2021 | $4,549 | $29,952 | $2,104 | $27,848 |
| 2020 | $4,549 | $29,952 | $2,104 | $27,848 |
| 2019 | $0 | $33,355 | $2,104 | $31,251 |
| 2018 | $0 | $36,977 | $1,893 | $35,084 |
| 2017 | $0 | $36,977 | $1,893 | $35,084 |
| 2016 | $0 | $36,977 | $1,893 | $35,084 |
| 2015 | $0 | $30,895 | $1,735 | $29,160 |
| 2014 | $8,271 | $33,487 | $1,735 | $31,752 |
| 2013 | $8,015 | $33,487 | $1,735 | $31,752 |
Source: Public Records
Agents Affiliated with this Home
-
Shaunna Burhop
Seller's Agent in 2025
Shaunna Burhop
Baird Warner
(847) 275-0277
2 in this area
196 Total Sales
-
Gary Grossman
Buyer's Agent in 2025
Gary Grossman
Coldwell Banker Realty
(847) 338-6690
1 in this area
167 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12211449
APN: 02-15-101-026-0000
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