NOT LISTED FOR SALE

572 E Cunningham Dr Unit 1 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $442,000 - $507,000

3 Beds
2 Baths
1,338 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $265,000 $198 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,113/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Walk-In Pantry
  • Attached Garage
  • Palatine High School Rated A
  • Fenced Yard
  • Breakfast Bar

About This Home

As of October 2014

Look no further, this is the one. A great 3 bedroom 2 bath home with an updated kitchen, new laminate floor in living and dining rooms, new light fixtures and freshly painted in neutral colors. The fenced in yard boasts a paver brick patio, with mature landscaping. Walk to grade and high schools, steps from shopping and transportation. All this and so much more, don't delay, now is the time to make your move.

Last Agent to Sell the Property

Sandra Bobus

Coldwell Banker Realty License #475123101 Listed on: 08/25/2014

Coldwell Banker Realty

Last Buyer's Agent

Jeffrey Olichwier

Patrick Jeffrey Realty License #471010169

Home Details

Home Type

  • Single Family

Year Built

  • 1975

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

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

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Laminate Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bi-Level
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X21, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X15, On Level: Lower, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 11X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 10X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 9X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1338
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 12X21, On Level: Lower, Flooring: Carpet, Windows: Blinds

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • 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

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 72X137X71X137
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 02112050230000

Tax Info

  • Taxes: 6526.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Sep 26, 2014
Sold by
Mostardo Susan F
Bought by
Schmack Robert A and Schmacr Mary E
Seller's Agent
Sandra Bobus
Coldwell Banker Realty
Buyer's Agent
Jeffrey Olichwier
Patrick Jeffrey Realty
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$471,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,547
Avg. Annual Appreciation
5.24%
Original Mortgage
$273,745
Outstanding Balance
$207,254
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$264,293

Purchase Details

Closed on
Mar 29, 2001
Sold by
Finnegan Kenneth N and Finnegan Lillian J
Bought by
Finnegan Lillian J and Finnegan Kenneth N

Purchase Details

Closed on
Jan 31, 1996
Sold by
Lorenz Marcel N and Lorenz Anita M
Bought by
Finnegan Kenneth N and Finnegan Lillian J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmack Robert A $265,000 Multiple
Finnegan Lillian J -- --
Finnegan Kenneth N $184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmack Robert A $273,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2014 10/14/14 Sold $265,000 -1.5% $198 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $269,000 -- $201 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $7,916 $40,000 $9,761 $30,239
2024 $7,916 $32,705 $8,220 $24,485
2023 $7,604 $32,705 $8,220 $24,485
2022 $7,604 $32,705 $8,220 $24,485
2021 $6,922 $27,308 $5,137 $22,171
2020 $6,950 $27,308 $5,137 $22,171
2019 $6,980 $30,512 $5,137 $25,375
2018 $6,542 $27,235 $4,623 $22,612
2017 $6,451 $27,235 $4,623 $22,612
2016 $6,956 $28,815 $4,623 $24,192
2015 $5,156 $21,277 $4,110 $17,167
2014 $5,121 $21,277 $4,110 $17,167
2013 $6,527 $26,575 $4,110 $22,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08711145

Midwest Real Estate Data (MRED)

APN: 02-11-205-023-0000