NOT LISTED FOR SALE

507 E Palatine Rd Palatine, IL 60074

Downtown Palatine Neighborhood

Estimated Value: $364,959 - $394,000

3 Beds
2 Baths
1,305 Sq Ft
$290/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2018

Last sale price $245,000 $188 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,557 / mo

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Palatine High School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of April 2018

This all brick cape cod, is move in ready. Tons of updating done to this home including: newer windows, furnace ('16) & roof ('14), full bathroom remodel ('16), refrigerator ('16) and plumbing ('11). Front living room with abundant amounts of natural light, opens to separate dining room, all perfect for entertaining. Kitchen with 42' cabinets and plenty of counter space. Full basement, with extra living area, fireplace, separate office/den, laundry and storage. Roughed in plumbing in basement as well. Don't forget the partially fenced in large backyard with expansive deck off kitchen! Walk to parks and schools. Easy access to Rt 53, downtown Palatine and Metra.

Last Agent to Sell the Property

Amy Diamond

@properties Christie's International Real Estate License #475126552 Listed on: 01/31/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Heidi Manczko

@properties Christie's International Real Estate License #475163497

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 9,583

Parking

  • Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Home Office
  • Wood Flooring
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1948
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 11X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished, Bathroom Rough-In
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X8, On Level: Basement
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Additional Rooms: Deck, Office
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Deck, Dimensions: 20X15, On Level: Main Level
  • Additional Room 2 Name: Office, Dimensions: 11X10, On Level: Basement
  • Bedroom 2: Dimensions: 12X15, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 10X18, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1305
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X24, On Level: Basement

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 0.2218

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1305

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 60 X 163
  • Parcel Identification Number: 02232010050000

Tax Info

  • Taxes: 5532.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 4, 2018
Sold by
Andrews Aaron and Andrews Linda
Bought by
Sinwelski Jordan M and Sinwelski Alysia N
Seller's Agent
Amy Diamond
@properties Christie's International Real Estate
Buyer's Agent
Heidi Manczko
@properties Christie's International Real Estate
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$378,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,240
Avg. Annual Appreciation
5.52%
Original Mortgage
$232,750
Outstanding Balance
$202,013
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$176,227

Purchase Details

Closed on
Apr 25, 2003
Sold by
Goodwin James and Goodwin Margaret R
Bought by
Andrews Aaron and Andrews Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,900
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 1998
Sold by
Lahey Kevin M and Lahey Jennifer M
Bought by
Goodwin James and Goodwin Margaret P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Sinwelski Jordan M $245,000 None Available
Andrews Aaron $230,000 Pntn
Andrews Aaron $230,000 Pntn
Goodwin James $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinwelski Jordan M $232,750
Previous Owner Andrews Aaron $183,900
Previous Owner Goodwin James $141,000
Closed Andrews Aaron $34,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $245,000 -2.0% $188 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $250,000 -- $192 / 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 $6,460 $33,000 $6,762 $26,238
2024 $6,460 $25,136 $5,796 $19,340
2023 $7,072 $28,112 $5,796 $22,316
2022 $7,072 $28,112 $5,796 $22,316
2021 $5,204 $19,354 $3,381 $15,973
2020 $5,199 $19,354 $3,381 $15,973
2019 $6,940 $24,198 $3,381 $20,817
2018 $5,772 $22,009 $3,139 $18,870
2017 $5,681 $22,009 $3,139 $18,870
2016 $5,533 $22,009 $3,139 $18,870
2015 $4,483 $17,214 $2,898 $14,316
2014 $4,857 $18,571 $2,898 $15,673
2013 $5,276 $20,467 $2,898 $17,569
Source: Public Records

Agents Affiliated with this Home

  • Amy Diamond

    Seller's Agent in 2018

    Amy Diamond

    @ Properties

    (847) 497-0230

    33 in this area

    297 Total Sales

    Amy Diamond
    Section Image
  • Heidi Manczko

    Buyer's Agent in 2018

    Heidi Manczko

    @ Properties

    (847) 736-7958

    5 Total Sales

    Heidi Manczko
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09845105

Midwest Real Estate Data (MRED)

APN: 02-23-201-005-0000

Illinois Cook County Palatine 60074 Downtown Palatine

507 E Palatine Rd, 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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