NOT LISTED FOR SALE

Estimated Value: $398,000 - $434,000

4 Beds
2 Baths
1,293 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $291,000 $225 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,850/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Corner Lot
  • Plum Grove Jr High School Rated A-
  • Main Floor Bedroom
  • Detached Garage

About This Home

As of June 2020

You will love this charming Cape Cod in downtown Palatine. Beautifully decorated and meticulously maintained it boasts hardwood flooring throughout the living room and all bedrooms. The versatile floorplan offers two bedrooms up with two additional bedrooms on the main level (currently shown as a dining room and den). The kitchen features quartz countertops, stainless steel appliances, a separate eat-in area and a pantry closet. Both bathrooms have beautiful ceramic tile and updated fixtures. Attention to detail is exceptional with decorator lighting, doorknobs and more! The finished basement features a large family room, the perfect space to relax or play. When you're ready to head outdoors, a private brick paver patio is the perfect setting for your summer BBQs. Plenty of room for vehicles and storage in the oversized 2 car garage with pull-down stairs providing easy access to all your treasures. Ideal location in award winning Fremd High School area. Shopping, restaurants and train station, just blocks away.

Last Agent to Sell the Property

Cindy Eich

RE/MAX Suburban License #471022591 Listed on: 04/17/2020

RE/MAX Suburban

Co-Listed By

Martin Eich

RE/MAX Suburban License #475134374

Last Buyer's Agent

Rachael Ivanovic

HomeSmart Connect LLC License #475168732

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,814

Year Built | Renovated

  • 1950 | 2019

Lot Details

  • Southern Exposure
  • Corner Lot

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio

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

Est. Annual Taxes

$6,814

Year Built | Renovated

1950 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X9, On Level: Basement, Flooring: Other
  • Kitchen Type: Dimensions: 15X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Storage, Dimensions: 15X12, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Estimated Sq Ft: 1293
  • Family Room: Dimensions: 20X15, On Level: Basement, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 211
  • Elementary School: Stuart R Paddock School
  • Middle School: Plum Grove Junior High School
  • High School: Wm Fremd High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 8050
  • Lot Description: Corner
  • Parcel Identification Number: 02231070300000

Tax Info

  • Taxes: 6285.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jun 5, 2020
Sold by
Cates Daniel E and Cates Susan
Bought by
Walsh Craig M
Seller's Agent
Cindy Eich
RE/MAX Suburban
Buyer's Agent
Rachael Ivanovic
HomeSmart Connect LLC
List Price
$299,900
Sold Price
$291,000
Premium/Discount to List
-$8,900
-2.97%
Current Estimated Value
$413,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,106
Avg. Annual Appreciation
6.06%
Original Mortgage
$276,450
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2014
Sold by
Cates Daniel E and Cates Susan L
Bought by
Cates Daniel E and Cates Susan X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2004
Sold by
Cates Daniel E and Cates Susan L
Bought by
Cates Daniel E and Cates Susan L

Purchase Details

Closed on
Jun 6, 1994
Sold by
Falkenberg Charles V and Falkenberg Mary Ann
Bought by
Cates Daniel E and Cates Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
8.58%

Purchase Details

Closed on
Jun 28, 1993
Sold by
Swift Malcolm M and Swift Cynthia L
Bought by
Wilhelm Mark and Wilhelm Susan
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
Walsh Craig M $291,000 Precision Title Company
Cates Daniel E -- Chicago Title Insurance Co
Cates Daniel E -- --
Cates Daniel E $140,000 --
Wilhelm Mark $101,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Craig M $276,450
Previous Owner Cates Daniel E $164,000
Previous Owner Cates Daniel E $208,000
Previous Owner Cates Daniel E $164,500
Previous Owner Cates Daniel E $79,000
Previous Owner Cates Daniel E $200,000
Previous Owner Cates Daniel E $35,000
Previous Owner Cates Daniel E $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $291,000 -3.0% $225 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $299,900 -- $232 / 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 $6,814 $26,333 $4,830 $21,503
2023 $8,306 $29,000 $4,830 $24,170
2022 $8,306 $29,000 $4,830 $24,170
2021 $7,057 $21,729 $2,817 $18,912
2020 $5,959 $21,729 $2,817 $18,912
2019 $5,956 $24,198 $2,817 $21,381
2018 $6,285 $23,660 $2,616 $21,044
2017 $6,185 $23,660 $2,616 $21,044
2016 $6,001 $23,660 $2,616 $21,044
2015 $5,521 $20,591 $2,415 $18,176
2014 $5,470 $20,591 $2,415 $18,176
2013 $5,312 $20,591 $2,415 $18,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10684338

Midwest Real Estate Data (MRED)

APN: 02-23-107-030-0000