E
Seller's Agent in 2017
Eddie Patel
Zen Wealth Management Group Inc
(708) 349-1141
5 Total Sales
548 E Thornhill Ln Unit 5S548 Palatine, IL 60074
Virginia Lake NeighborhoodEstimated Value: $317,000 - $375,370
2
Beds
3
Baths
--
Sq Ft
$257/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Wood Flooring
- Attached Garage
- Palatine High School Rated A
- Loft
- Breakfast Bar
About This Home
As of September 2017Spectacular 2BR/2BA with Lofted Office/Den townhome in a highly desirable subdivision of Palatine close to basically everything. Owners removed a misplaced fireplace, clearing the living area to improve a dramatic living space with vaulted ceilings. Owners added real red oak, diagonalized, wideboard hardwood floor in all first floor areas, no laminate! This unit is in excellent condition and ready for someone to move right in. There is also a park close-by, within walking distance, within the subdivision. Everything you need and at the price you were hoping for. FHA Approved. Down the road you should have no issues renting this one if you want, we have all the statistics for you if needed. Come check it out!
Last Agent to Sell the Property
Zen Wealth Management Group Inc License #471011715 Listed on: 05/08/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,352
Year Built
- 1997
Lot Details
- 8.14
HOA Fees
- $257 per month
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Vinyl Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Vaulted Ceiling
- Dining Area
- Loft
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
Location
- Property is near a bus stop
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- $3,000 Seller Concession
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Common Area
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2017
Closed on
Sep 21, 2017
Sold by
Liotus Michael N and Liotus Kimberly M
Bought by
Le Krystina
Seller's Agent
Eddie Patel
Zen Wealth Management Group Inc
Buyer's Agent
Dan Chiappetta
Chiappetta Realty Group
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
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
$134,843
Avg. Annual Appreciation
5.08%
Original Mortgage
$215,837
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
May 26, 2006
Sold by
Melcher Helene
Bought by
Liotus Michael N and Liotus Kimberly M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 12, 1996
Sold by
Concord Mills Ltd Partnership
Bought by
Melcher Helene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.75%
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 |
|---|---|---|---|
| Le Krystina | $220,000 | Attorneys Title Guaranty Fun | |
| Liotus Michael N | $300,000 | Git | |
| Melcher Helene | $176,500 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Le Krystina | $205,000 | |
| Closed | Le Krystina | $215,837 | |
| Previous Owner | Liotus Michael N | $232,700 | |
| Previous Owner | Liotus Michael N | $240,000 | |
| Previous Owner | Liotus Michael N | $240,000 | |
| Previous Owner | Liotus Michael N | $30,000 | |
| Previous Owner | Melcher Helene | $74,039 | |
| Previous Owner | Melcher Helene | $130,000 | |
| Previous Owner | Melcher Helene | $62,500 | |
| Previous Owner | Melcher Helene | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2017 09/28/17 | Sold | $220,000 | -6.3% | -- |
| 08/22/2017 08/22/17 | Pending | -- | -- | -- |
| 07/21/2017 07/21/17 | Price Changed | $234,900 | -1.7% | -- |
| 07/03/2017 07/03/17 | Price Changed | $239,000 | -1.8% | -- |
| 06/09/2017 06/09/17 | Price Changed | $243,500 | -2.6% | -- |
| 05/08/2017 05/08/17 | For Sale | $250,000 | -- | -- |
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 | $7,352 | $28,150 | $4,847 | $23,303 |
| 2023 | $7,082 | $28,150 | $4,847 | $23,303 |
| 2022 | $7,082 | $28,150 | $4,847 | $23,303 |
| 2021 | $6,106 | $22,130 | $2,796 | $19,334 |
| 2020 | $6,087 | $22,130 | $2,796 | $19,334 |
| 2019 | $6,133 | $24,813 | $2,796 | $22,017 |
| 2018 | $5,636 | $21,570 | $2,516 | $19,054 |
| 2017 | $5,547 | $21,570 | $2,516 | $19,054 |
| 2016 | $5,408 | $21,570 | $2,516 | $19,054 |
| 2015 | $4,905 | $18,586 | $2,330 | $16,256 |
| 2014 | $4,862 | $18,586 | $2,330 | $16,256 |
| 2013 | $4,719 | $18,586 | $2,330 | $16,256 |
Source: Public Records
Agents Affiliated with this Home
-
Eddie Patel
-
Dan Chiappetta
Buyer's Agent in 2017
Dan Chiappetta
Chiappetta Realty Group
(847) 542-2076
1 in this area
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09619148
APN: 02-11-207-006-1078
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