524 E Knox St Palatine, IL 60074
Virginia Lake NeighborhoodEstimated payment $4,217/month
Highlights
- Colonial Architecture
- Home Office
- Laundry Room
- Palatine High School Rated A
- Soaking Tub
- Entrance Foyer
About This Home
THIS BERKESHIRE MODEL WITH 1ST FL DEN/STUDY. PREMIUM LOT WITH ABOVE GROUND BIG ENGLISH BSMT WINDOWS. NO OTHER HOUSES CLOSE BY FROM THE BACKYARD SO IT HAS A NICE VIEW. WOOD LAMINATE FLOORS IN THE 2 STORY FOYER, KIT & HALL. 9 FT CEILINGS ON THE FIRST FLOOR. EAT IN KIT W/ NEWER DISHWASHER, FRIDGE & OVEN RANGE. SPACIOUS MBR W/PRIVATE BATH INCLUDING A JACUZZI TUB, SEP SHOWER & HIS/HERS SINKS. NEWER ROOF AND SIDING, AC, FURNACE, SUMP, DISPOSAL & GAR DOOR OPENER. HUGE DECK AND 3-SIDE FENCED BACK YARD. FULL BSMT READY TO BE FINISHED. SOUGHT AFTER PALATINE LOCATION CLOSE TO SCHOOLS, SHOPPING, FOREST PRESERVE, LIBRARY, TRAIN, FREEWAY AND MORE.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,900
Year Built
- Built in 1999
Lot Details
- Lot Dimensions are 61x126x125x77
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Combination Dining and Living Room
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Dual Sinks
- Soaking Tub
- Garden Bath
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Schools
- Virginia Lake Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
- Gas Water Heater
Community Details
- Concord Mills Subdivision, Berkeshire Floorplan
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,901 | $43,577 | $11,700 | $31,877 |
| 2023 | $13,175 | $43,577 | $11,700 | $31,877 |
| 2022 | $13,175 | $46,000 | $11,700 | $34,300 |
| 2021 | $12,107 | $37,278 | $6,750 | $30,528 |
| 2020 | $11,926 | $37,278 | $6,750 | $30,528 |
| 2019 | $11,985 | $41,792 | $6,750 | $35,042 |
| 2018 | $11,273 | $36,274 | $6,075 | $30,199 |
| 2017 | $11,060 | $36,274 | $6,075 | $30,199 |
| 2016 | $10,590 | $37,349 | $6,075 | $31,274 |
| 2015 | $10,131 | $32,973 | $5,625 | $27,348 |
| 2014 | $9,581 | $34,136 | $5,625 | $28,511 |
| 2013 | $9,868 | $35,995 | $5,625 | $30,370 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $595,000 | 0.0% | $229 / Sq Ft |
| 09/13/2025 09/13/25 | For Rent | $3,600 | 0.0% | -- |
| 09/11/2025 09/11/25 | Price Changed | $600,000 | -0.8% | $231 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $605,000 | -0.8% | $233 / Sq Ft |
| 08/24/2025 08/24/25 | Price Changed | $610,000 | -0.8% | $235 / Sq Ft |
| 08/18/2025 08/18/25 | Price Changed | $615,000 | -0.8% | $237 / Sq Ft |
| 08/12/2025 08/12/25 | Price Changed | $620,000 | -0.8% | $238 / Sq Ft |
| 08/04/2025 08/04/25 | For Sale | $625,000 | 0.0% | $240 / Sq Ft |
| 11/20/2021 11/20/21 | Rented | -- | -- | -- |
| 09/30/2021 09/30/21 | Under Contract | -- | -- | -- |
| 08/21/2021 08/21/21 | For Rent | $3,000 | +15.4% | -- |
| 05/01/2019 05/01/19 | Rented | $2,600 | 0.0% | -- |
| 04/05/2019 04/05/19 | Under Contract | -- | -- | -- |
| 03/30/2019 03/30/19 | For Rent | $2,600 | +2.0% | -- |
| 05/01/2017 05/01/17 | Rented | $2,550 | 0.0% | -- |
| 04/13/2017 04/13/17 | Under Contract | -- | -- | -- |
| 04/01/2017 04/01/17 | Price Changed | $2,550 | -1.0% | $1 / Sq Ft |
| 03/29/2017 03/29/17 | Price Changed | $2,575 | +1.0% | $1 / Sq Ft |
| 03/28/2017 03/28/17 | Price Changed | $2,550 | -1.7% | $1 / Sq Ft |
| 03/24/2017 03/24/17 | Price Changed | $2,595 | -0.2% | $1 / Sq Ft |
| 03/17/2017 03/17/17 | For Rent | $2,600 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $326,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $232,000 | Unknown | |
| Closed | $240,000 | Unknown | |
| Closed | $240,000 | Unknown | |
| Closed | $240,000 | Unknown | |
| Closed | $250,000 | Unknown | |
| Closed | $260,000 | Unknown | |
| Closed | $260,000 | Unknown | |
| Closed | $260,000 | Unknown | |
| Closed | $280,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12410240
APN: 02-11-211-025-0000
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