NOT LISTED FOR SALE

530 S Wilke Rd Palatine, IL 60074

Estimated Value: $435,000 - $501,000

3 Beds
2 Baths
1,624 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $264,900 $163 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,254/month

153 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attached Garage
  • Winston Campus Elementary School Rated A-
  • Home Office
  • Breakfast Bar

About This Home

As of June 2015

LARGE SPLIT LEVEL HOME WITH 3 BEDROOM 2 BATHS, FAMILY ROOM WITH FIREPLACE, SUB-BASEMENT, ATTACHED GARAGE. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

Anna Cherniak

A Team Realty Inc. License #471016610 Listed on: 11/05/2014

Last Buyer's Agent

Daniel Nolan

Exit Realty Solutions License #471021029

Exit Realty Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,632

Year Built

  • 1976

Lot Details

  • 0.42

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Home Office
  • Wood Flooring
  • Breakfast Bar

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement

Utilities

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

Additional Features

  • Deck
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,632

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1976
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 26X15, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Sub-Basement
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X8, On Level: Lower
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X14, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den, Deck, Office
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Den, Dimensions: 10X8, On Level: Lower
  • Additional Room 2 Name: Office, Dimensions: 28X17, On Level: Lower
  • Bedroom 2: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Deck, Dimensions: 18X15, On Level: Main Level
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1624
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 19X16, On Level: Lower, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.4258

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 211
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 18546
  • Parcel Identification Number: 02244040510000

Tax Info

  • Taxes: 8267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
May 28, 2015
Sold by
Fannie Mae
Bought by
Salamone Anthony
Seller's Agent
Anna Cherniak
A Team Realty Inc.
Buyer's Agent
Daniel Nolan
Exit Realty Solutions
List Price
$322,900
Sold Price
$264,900
Premium/Discount to List
-$58,000
-17.96%
Current Estimated Value
$480,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,153
Avg. Annual Appreciation
6.01%
Original Mortgage
$291,502
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2014
Sold by
Voorhies Jeremy and Voorhies Kataryzna
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 28, 2006
Sold by
Hoerauf Penny
Bought by
Voorhies Jeremy and Voorhies Kataryzna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 1998
Sold by
Spry Thomas T
Bought by
Hoerauf Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.27%
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
Salamone Anthony -- First American Title
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Voorhies Jeremy $350,000 Ticor Title
Hoerauf Penny $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salamone Anthony $291,502
Previous Owner Voorhies Jeremy $280,000
Previous Owner Hoerauf Penny $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $264,900 -1.9% $163 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
03/06/2015 03/06/15 Price Changed $269,900 -5.3% $166 / Sq Ft
02/04/2015 02/04/15 Price Changed $284,900 -5.0% $175 / Sq Ft
01/16/2015 01/16/15 Price Changed $299,900 -3.2% $185 / Sq Ft
12/05/2014 12/05/14 Price Changed $309,900 -4.0% $191 / Sq Ft
11/05/2014 11/05/14 For Sale $322,900 -- $199 / 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 $8,632 $32,000 $11,128 $20,872
2023 $8,396 $32,000 $11,128 $20,872
2022 $8,396 $32,000 $11,128 $20,872
2021 $6,946 $23,970 $6,491 $17,479
2020 $6,903 $23,970 $6,491 $17,479
2019 $6,904 $26,693 $6,491 $20,202
2018 $9,504 $32,693 $6,027 $26,666
2017 $9,344 $32,693 $6,027 $26,666
2016 $8,969 $32,693 $6,027 $26,666
2015 $8,569 $29,229 $5,563 $23,666
2014 $8,496 $29,229 $5,563 $23,666
2013 -- $29,229 $5,563 $23,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08771405

Midwest Real Estate Data (MRED)

APN: 02-24-404-051-0000