NOT LISTED FOR SALE

540 E Thornhill Ln Unit 1R540 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $247,000 - $361,427

2 Beds
2.5 Baths
1,240 Sq Ft
$264/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $299,000 $241 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,468/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Park
  • Palatine High School Rated A
  • Patio
  • Resident Manager or Management On Site

About This Home

As of February 2023

Prepare to be impressed by this spectacularly renovated 2 bed, 2.1 bath sun drenched end-unit townhome in the Concord Mills Subdivision. The open and airy living room is accented with vaulted ceilings, newly tiled gas fireplace and beautiful rich-colored engineered hardwood flooring. Separate dining space can be enjoyed while entertaining and hosting guests. The spacious eat-in kitchen showcases freshly painted white cabinets, new countertops, kitchen faucet, sink and cabinet hardware. Barn door enclosed pantry with ample storage space. Vaulted ceiling in primary bedroom with en-suite bath. SO MANY UPDATES: Entire unit was freshly painted in 2021. Furnace, AC replaced in 2021. Water tank 2017. LED can lights installed throughout entire unit along with updated light switches and outlets. All new blinds installed. All overhead light fixtures and fans replaced. Stainless steel microwave 2021 and dishwasher 2023. All bathroom faucets updated and powder room vanity replaced. Laundry room has overhead cabinets and drying rack installed. New backyard patio pad replaced in 2021. Two car garage with direct access to the unit. Make this beautifully updated home yours before it's gone! Centrally located near major expressways, Palatine Metro Station, grocery stores, restaurants, parks, Blue Ribbon schools and more!

Last Agent to Sell the Property

Maria DelBoccio

@properties Christie's International Real Estate License #475146842 Listed on: 01/18/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Brian Mak

Baird & Warner License #475092346

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1997

Lot Details

  • 8.14

HOA Fees

  • $237 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

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
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • Manager Association, Phone Number (847) 428-7144
  • Concord Mills Subdivision, Redding Floorplan
  • Property managed by Premier Community Management

Recreation

  • Park

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,455

Year Built

Built in 1997

Lot Details

0

HOA Fees

$237 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Concord Mills
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Laundry, Laundry Hook-Up in Unit
  • LivingArea: 1240
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1240
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1240
  • Fireplace Location: Living Room
  • Total Sq Ft: 1240
  • Upper Level Sq Ft: 564
  • Main Level Sq Ft: 676
  • Window Features: Blinds
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 289000
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 237
  • Association Amenities: Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Community Management
  • Management Contact Name: Manager
  • Management Phone: 847-428-7144
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

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

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 4454.79
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 18, 2023
Sold by
Samson Nicolette Taylor and Samson Louis
Bought by
Chang Kent and Shlemova Iuliia
Seller's Agent
Maria DelBoccio
@properties Christie's International Real Estate
Buyer's Agent
Brian Mak
Baird & Warner
List Price
$289,000
Sold Price
$299,000
Premium/Discount to List
$10,000
3.46%
Views
69
Current Estimated Value
$327,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,107
Avg. Annual Appreciation
3.61%
Original Mortgage
$239,500
Outstanding Balance
$210,685
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$116,422

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 14, 2020
Sold by
Acosta Magaly
Bought by
Tmia Nicolette Taylor
Seller's Agent
Eric Booth
@properties Christie's International Real Estate
Buyer's Agent
Maria DelBoccio
@properties Christie's International Real Estate
List Price
$219,900
Sold Price
$211,000
Premium/Discount to List
-$8,900
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$168,800
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2013
Closed on
Aug 27, 2013
Sold by
Nayanaveettil Jayarajan and Nambiar Jayaraj N V
Bought by
Acosta Magaly
Seller's Agent
Sally Ide
Coldwell Banker Realty
Buyer's Agent
Mary Moran
HomeSmart Connect LLC
List Price
$192,000
Sold Price
$184,000
Premium/Discount to List
-$8,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$174,800
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2000
Sold by
Dorn Brian and Dorn Dawn
Bought by
Meyers Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,450
Interest Rate
8.16%

Purchase Details

Closed on
Sep 12, 1996
Sold by
Concord Mills Ltd Partnership
Bought by
Dorn Brian and Dorn Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chang Kent $299,000 Proper Title
Tmia Nicolette Taylor $211,000 Proper Title Llc
Acosta Magaly $184,000 Cambridge Title Company
Meyers Debra L $181,500 --
Dorn Brian $153,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Kent $239,500
Previous Owner Tmia Nicolette Taylor $168,800
Previous Owner Acosta Magaly $173,000
Previous Owner Acosta Magaly $174,800
Previous Owner Nayanaveettil Jayarajan $175,600
Previous Owner Meyers Debra L $130,800
Previous Owner Meyers Debra L $131,450
Previous Owner Dorn Brian $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $299,000 +3.5% $241 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $289,000 +37.0% $233 / Sq Ft
02/21/2020 02/21/20 Sold $211,000 -4.0% $170 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $219,900 0.0% $177 / Sq Ft
06/26/2019 06/26/19 Rented $1,750 0.0% --
06/13/2019 06/13/19 Price Changed $1,750 -2.5% $1 / Sq Ft
05/31/2019 05/31/19 Price Changed $1,795 -3.0% $1 / Sq Ft
05/13/2019 05/13/19 Price Changed $1,850 -2.6% $1 / Sq Ft
04/10/2019 04/10/19 For Rent $1,900 +6.7% --
05/25/2018 05/25/18 Rented $1,780 +1.7% --
03/25/2018 03/25/18 Off Market $1,750 -- --
03/12/2018 03/12/18 For Rent $1,750 0.0% --
08/30/2013 08/30/13 Sold $184,000 -3.1% $131 / Sq Ft
07/27/2013 07/27/13 Pending -- -- --
07/16/2013 07/16/13 Price Changed $189,900 -1.1% $136 / Sq Ft
07/03/2013 07/03/13 For Sale $192,000 -- $137 / 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 $5,438 $21,684 $3,734 $17,950
2023 $5,231 $21,684 $3,734 $17,950
2022 $5,231 $21,684 $3,734 $17,950
2021 $4,455 $17,047 $2,154 $14,893
2020 $4,461 $17,047 $2,154 $14,893
2019 $4,498 $19,114 $2,154 $16,960
2018 $4,096 $16,615 $1,938 $14,677
2017 $4,037 $16,615 $1,938 $14,677
2016 $4,003 $16,615 $1,938 $14,677
2015 $3,593 $14,317 $1,795 $12,522
2014 $4,345 $14,317 $1,795 $12,522
2013 $3,457 $14,317 $1,795 $12,522
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11702888

Midwest Real Estate Data (MRED)

APN: 02-11-207-006-1074