NOT LISTED FOR SALE

Estimated Value: $563,000 - $594,000

4 Beds
3.5 Baths
2,620 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $472,500 $180 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,092/month

13 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Formal Dining Room
  • Palatine High School Rated A
  • Home Office
  • 3-minute walk to Willow Wood Park

About This Home

As of August 2022

Head down the tree-lined road and enter 513 N Willow Wood to have your breath taken away! 4 bedrooms, 3.5 baths, a 2.5 car garage, and an in-ground pool, but words do not describe its beauty! The amazing curb appeal of this mid-century home shines through. Enter the property, and see the stunning floors and updated rooms throughout the home. The first floor is truly an entertainer's paradise with an updated amazing kitchen, living room, and study. Make your way into the bright and airy family room, complete with a wet bar and overlooking the in-ground pool! Just envision family parties in the backyard on the large patio with friends and family members enjoying the pool and family room. Make your way upstairs and take note of the 4 spacious bedrooms, 3 bathrooms, home office, and hardwood flooring. The master suite is simply stunning, with its own laundry room, wet bar and cabinetry, walk-in closet, additional closet, and updated huge master bathroom! The additional three bedrooms are generously sized with their large closets. Don't miss the updated bathrooms too! An additional laundry room in the partially finished basement invites you to bring your own ideas. Everything you have been waiting for is here in this home! The pride of the original owners shines throughout the updated property. Close to shopping, schools, parks, and expressways, but surrounded by mature trees and wildlife, this is truly a diamond in Palatine and ready for you!

Last Agent to Sell the Property

Christine Hjorth

Keller Williams North Shore West License #475185132 Listed on: 06/17/2022

Keller Williams North Shore West

Last Buyer's Agent

Danny Lewis

Baird & Warner License #475126641

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,221

Year Built

  • Built in 1964

Lot Details

  • 8,969 Sq Ft Lot
  • Lot Dimensions are 78x115
  • Fenced Yard

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 2,620 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Skylights
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Utility Room with Study Area
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Shed

Schools

  • Palatine High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Willow Wood Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,221

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Willow Wood
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, Wood Laminate Floors, Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2620
  • Room Type: Study, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: In Ground Pool
  • List Price: 474900
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Palatine High School
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2059
  • Lot Dimensions: 78X115
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10220.86
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 22, 2022
Sold by
Iuorio Paul J
Bought by
Lavoie Jeffrey R and Wagner Kelly A
Seller's Agent
Christine Hjorth
Keller Williams North Shore West
Buyer's Agent
Danny Lewis
Baird & Warner
List Price
$474,900
Sold Price
$472,500
Premium/Discount to List
-$2,400
-0.51%
Current Estimated Value
$578,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,276
Avg. Annual Appreciation
6.10%
Original Mortgage
$378,000
Outstanding Balance
$364,252
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$200,738

Purchase Details

Closed on
Apr 11, 2013
Sold by
Iuorio Vincent A and Iuorion Anne T
Bought by
Iuorio Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2010
Sold by
Iuorio Vincent A and Iuorio Anne T
Bought by
Iuorio Vincent A and Iuorio Anne T
Source: Public Records

Range of Values:

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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
Lavoie Jeffrey R $472,500 Sammons Thomas F
Iuorio Paul J $342,000 None Available
Iuorio Vincent A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Kelly A $378,000
Closed Lavoie Jeffrey R $378,000
Previous Owner Iuorio Paul John $358,500
Previous Owner Iuorio Paul J $149,000
Previous Owner Iuorio Paul J $104,500
Previous Owner Iuorio Paul J $228,000
Previous Owner Iuorio Vincent A $187,500
Previous Owner Iuorio Vincent A $190,000
Previous Owner Iuorio Vincent A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $472,500 -0.5% $180 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $474,900 -- $181 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $11,250 $38,000 $7,176 $30,824
2023 $9,904 $38,000 $7,176 $30,824
2022 $9,904 $38,000 $7,176 $30,824
2021 $9,294 $31,948 $4,485 $27,463
2020 $10,221 $31,948 $4,485 $27,463
2019 $10,237 $35,697 $4,485 $31,212
2018 $11,305 $36,378 $4,036 $32,342
2017 $11,091 $36,378 $4,036 $32,342
2016 $10,315 $36,378 $4,036 $32,342
2015 $9,559 $31,111 $3,588 $27,523
2014 $9,443 $31,111 $3,588 $27,523
2013 $9,201 $31,111 $3,588 $27,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11406068

Midwest Real Estate Data (MRED)

APN: 02-14-215-033-0000