Seller's Agent in 2024
Jennifer Lussow
@ Properties
(224) 522-2022
14 in this area
69 Total Sales
50 N Benton St Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $653,000 - $744,560
3
Beds
2.5
Baths
2,085
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Heated Floors
- 2 Car Detached Garage
- Historic or Period Millwork
- Palatine High School Rated A
- Skylights
- Walk-In Closet
About This Home
As of April 2024Prime location plus vintage charm meet modern updates in this truly special, one-of-a-kind historical home located in the heart of downtown Palatine. The longtime owners spared no expense lovingly restoring this spectacular home to meet today's needs while maintaining the historical charm that makes it so special. Featuring 4 generous-sized bedrooms, 2.5 baths plus a partially finished basement, this house has room for everyone. With 10' ceilings, stunning paned glass, beautifully refinished original hardwood floors and a professionally landscaped yard with perennial gardens, it's easy to see why this home has been showcased multiple times on the Palatine House & Garden Walk. Gather your family and friends around the kitchen island while you whip up a meal in the magazine-worthy gourmet kitchen featuring a 6-burner Wolf range and Sub-zero fridge. Sit on the front porch to drink your coffee and chat with neighbors. Curl up in the sundrenched library with your favorite book. Watch the Palatine 4th of July fireworks from your front yard. Walk the kids to school and the community center. Just four blocks from the Metra train station, Conscious Cup, restaurants, the farmers market and everything downtown Palatine has to offer. New roof with a lifetime warranty was put on in 2012. Kitchen and porch windows replaced in 2012. Updated plumbing and electrical throughout. 200 amp electrical. SHOWINGS BEGIN FRIDAY 3/1
Last Agent to Sell the Property
@properties Christie?s International Real Estate License #475193619 Listed on: 02/28/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,536
Year Built
- Built in 1904
Lot Details
- 8,712 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Interior Spaces
- 2,085 Sq Ft Home
- 2-Story Property
- Historic or Period Millwork
- Ceiling height of 10 feet or more
- Skylights
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Gray M Sanborn Elementary School
- Walter R Sundling Junior High Sc
- Palatine High School
Utilities
- Central Air
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2024
Closed on
Apr 22, 2024
Sold by
Cathleen M Fisher Trust and Fisher Cathleen M
Bought by
Gallo Eric and Matson Lauren
Seller's Agent
Jennifer Lussow
@properties Christie?s International Real Estate
Buyer's Agent
Tania Forte
@properties Christie?s International Real Estate
List Price
$649,000
Sold Price
$685,000
Premium/Discount to List
$36,000
5.55%
Views
35
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
$7,390
Avg. Annual Appreciation
0.71%
Original Mortgage
$616,500
Outstanding Balance
$606,751
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$85,639
Purchase Details
Closed on
Nov 14, 2016
Sold by
Fisher Thomas W and Fisher Cathleen M
Bought by
Fisher Cathleen M and The Cathleen M Fisher Trust
Purchase Details
Closed on
Nov 4, 1994
Sold by
Fisher Thomas W and Fisher Cathleen M
Bought by
Fisher Thomas W and Fisher Cathleen M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gallo Eric | $685,000 | None Listed On Document | |
| Fisher Cathleen M | -- | None Available | |
| Fisher Thomas W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gallo Eric | $616,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2024 04/22/24 | Sold | $685,000 | +5.5% | $329 / Sq Ft |
| 02/29/2024 02/29/24 | Pending | -- | -- | -- |
| 02/28/2024 02/28/24 | For Sale | $649,000 | -- | $311 / 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 | $9,769 | $33,000 | $5,227 | $27,773 |
| 2023 | $9,451 | $33,000 | $5,227 | $27,773 |
| 2022 | $9,451 | $33,000 | $5,227 | $27,773 |
| 2021 | $8,246 | $31,386 | $3,049 | $28,337 |
| 2020 | $9,049 | $31,386 | $3,049 | $28,337 |
| 2019 | $9,040 | $34,952 | $3,049 | $31,903 |
| 2018 | $6,674 | $24,911 | $2,831 | $22,080 |
| 2017 | $6,566 | $24,911 | $2,831 | $22,080 |
| 2016 | $7,307 | $28,267 | $2,831 | $25,436 |
| 2015 | $7,090 | $25,700 | $2,613 | $23,087 |
| 2014 | $7,021 | $25,700 | $2,613 | $23,087 |
| 2013 | $6,823 | $25,700 | $2,613 | $23,087 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Lussow
-
Tania Forte
Buyer's Agent in 2024
Tania Forte
@ Properties
(847) 894-9360
1 in this area
110 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11970427
APN: 02-14-324-006-0000
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