NOT LISTED FOR SALE

524 E Mill Valley Rd Palatine, IL 60074

Reseda Neighborhood

Estimated Value: $534,000 - $567,000

4 Beds
2.5 Baths
2,307 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $410,000 $178 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,822/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • 2 Car Attached Garage
  • Palatine High School Rated A
  • Stainless Steel Appliances
  • Living Room

About This Home

As of March 2022

Beautiful home located in the highly sought-after Reseda Neighborhood in Palatine. Walking distance to the nearby bike path and Palatine High School. The home has a fantastic layout. New Luxury Vinyl plank flooring in the Family room, hallway, and powder room. The family room has a gorgeous brick fireplace for those cool, cozy nights. The kitchen has stainless steel appliances with Quartz countertops. The master bedroom is very spacious and has a large walk-in closet. The master bathroom also has new stylish porcelain flooring. Although the snow is covering it now, the landscaping for the home is absolutely beautiful, and the backyard has a screened-in Gazebo to keep the bugs away on those relaxing summer nights. Located near Hicks and Cunningham, close to Deer Grove Forest Preserve, and shopping centers.

Last Agent to Sell the Property

Jason Stallard

Royal Family Real Estate License #475176887 Listed on: 01/21/2022

Royal Family Real Estate

Last Buyer's Agent

Trevor James

Compass License #475191657

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,083

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 76x120

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,307 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Virginia Lake Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Reseda Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,083

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Reseda
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • 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, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2307
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2307
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 425000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Virginia Lake Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: 76X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9083.16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 1, 2022
Sold by
Reiner Kristin J
Bought by
Scott Kevin Alexander and Mysliwiec Chantel Stephanie
Seller's Agent
Jason Stallard
Royal Family Real Estate
Buyer's Agent
Trevor James
Compass
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$539,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,860
Avg. Annual Appreciation
8.00%
Original Mortgage
$369,000
Outstanding Balance
$346,526
Interest Rate
3.55%
Estimated Equity
$187,415
Source: Public Records

Range of Values:

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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
Scott Kevin Alexander $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Kevin Alexander $369,000
Previous Owner Reiner Glenn B $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $410,000 -3.5% $178 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $425,000 -- $184 / 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 $10,564 $39,000 $7,296 $31,704
2023 $10,190 $39,000 $7,296 $31,704
2022 $10,190 $39,000 $7,296 $31,704
2021 $9,147 $31,494 $4,560 $26,934
2020 $9,083 $31,494 $4,560 $26,934
2019 $9,108 $35,189 $4,560 $30,629
2018 $9,920 $35,356 $4,104 $31,252
2017 $9,751 $35,356 $4,104 $31,252
2016 $9,317 $35,356 $4,104 $31,252
2015 $8,602 $30,620 $3,648 $26,972
2014 $8,514 $30,620 $3,648 $26,972
2013 $8,279 $30,620 $3,648 $26,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11300149

Midwest Real Estate Data (MRED)

APN: 02-11-401-017-0000