540 W Revere Ln Palatine, IL 60067
Plum Grove Village NeighborhoodEstimated Value: $730,275 - $855,000
4
Beds
3
Baths
3,498
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Mature Trees
- Recreation Room
- Mud Room
- Pleasant Hill Elementary School Rated A
- Wood Flooring
- 5-minute walk to Birchwood Park
About This Home
As of February 2021This expanded two-story home is ready and waiting for you! Beautiful hardwood flooring throughout foyer, living room, dining room, kitchen, den & 4th BR. The beautiful kitchen offers generous cabinet space, abundant granite counter top work space, a spacious pantry and wonderful eat-in area with a bay window overlooking the beautiful backyard. The expanded family room is the centerpiece of this home featuring a gorgeous fireplace, terrific wet bar, and french doors to living room. Triple sliding doors lead from the family room to the large brick paver patio, providing for amazing spaces both inside and out for relaxation and the entertaining we all look forward to resuming! Pocket doors and floor to ceiling bookcases make the first floor den a perfect space to work or study from home. 4th bedroom is also ideally appointed for a second home office. All bedrooms generously sized! 2nd bedroom offers walk-in closet with charming window seat. Updated cabinetry in master bath. Hall bath beautifully updated with beautiful cabinetry and decorator tiles. Finished basement is great space for exercise or play and even boasts a beautiful sauna providing your own personal spa without ever leaving home! Whole house 20 kva Generac generator provides peace of mind during storms/power outages. Fabulous location just blocks from award winning Pleasant Hill Elementary, Fremd High School and Birchwood Park! Make it yours today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,179
Year Built
- 1980
Lot Details
- Southern Exposure
- Mature Trees
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Brick Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- Wet Bar
- Built-In Features
- Gas Log Fireplace
- Mud Room
- Entrance Foyer
- Den
- Recreation Room
- Home Gym
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Laundry on main level
- 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
- $5,250 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2020
Closed on
Feb 16, 2021
Sold by
Vanek Dean P and Vanek Mary E
Bought by
Mohanty Raj K and Swain Sanjukta
Seller's Agent
Cindy Eich
RE/MAX Suburban
Buyer's Agent
Niki Metropoulos
RE/MAX At Home
List Price
$565,000
Sold Price
$530,000
Premium/Discount to List
-$35,000
-6.19%
Total Days on Market
116
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,069
Avg. Annual Appreciation
9.84%
Original Mortgage
$424,000
Outstanding Balance
$322,352
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$469,717
Purchase Details
Closed on
May 15, 1998
Sold by
Apter David and Apter Gregory S
Bought by
Vanek Dean P and Vanek Mary Haeger
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
7.19%
Purchase Details
Closed on
Feb 14, 1994
Sold by
Wells Edward G and Wells Germaine M
Bought by
Wells Edward G and Wells Germaine M
Similar Homes in Palatine, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mohanty Raj K | $530,000 | Chicago Title | |
| Vanek Dean P | $318,000 | -- | |
| Wells Edward G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mohanty Raj K | $424,000 | |
| Previous Owner | Vanek Dean P | $320,000 | |
| Previous Owner | Vanek Dean P | $250,000 | |
| Previous Owner | Vanek Dean P | $263,000 | |
| Previous Owner | Vanek Dean P | $272,500 | |
| Previous Owner | Vanek Dean P | $68,639 | |
| Previous Owner | Vanek Dean P | $275,000 | |
| Previous Owner | Vanek Dean P | $55,000 | |
| Previous Owner | Vanek Dean P | $254,400 | |
| Closed | Vanek Dean P | $31,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2021 02/22/21 | Sold | $530,000 | -3.6% | $152 / Sq Ft |
| 11/17/2020 11/17/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | Price Changed | $549,900 | -2.7% | $157 / Sq Ft |
| 07/24/2020 07/24/20 | For Sale | $565,000 | -- | $162 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $15,179 | $53,000 | $13,572 | $39,428 |
| 2023 | $15,179 | $53,000 | $13,572 | $39,428 |
| 2022 | $15,179 | $53,000 | $13,572 | $39,428 |
| 2021 | $14,563 | $48,170 | $7,068 | $41,102 |
| 2020 | $15,605 | $51,880 | $7,068 | $44,812 |
| 2019 | $15,512 | $57,517 | $7,068 | $50,449 |
| 2018 | $15,430 | $53,088 | $6,503 | $46,585 |
| 2017 | $16,010 | $55,887 | $6,503 | $49,384 |
| 2016 | $15,138 | $55,887 | $6,503 | $49,384 |
| 2015 | $14,844 | $50,937 | $5,937 | $45,000 |
| 2014 | $14,681 | $50,937 | $5,937 | $45,000 |
| 2013 | $14,287 | $50,937 | $5,937 | $45,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Eich
Seller's Agent in 2021
Cindy Eich
RE/MAX Suburban
(847) 721-5580
11 in this area
85 Total Sales
-
Martin Eich
Seller Co-Listing Agent in 2021
Martin Eich
RE/MAX Suburban
(847) 721-1092
10 in this area
82 Total Sales
-
Niki Metropoulos
Buyer's Agent in 2021
Niki Metropoulos
RE/MAX
(847) 875-0951
3 in this area
117 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10775605
APN: 02-27-105-003-0000
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