NOT LISTED FOR SALE

Estimated Value: $445,000 - $465,181

2 Beds
2 Baths
1,605 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $420,000 $262 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,181/month

15 Days on Market

Highlights

  • Greenhouse
  • Wood Flooring
  • Corner Lot
  • Palatine High School Rated A
  • Main Floor Bedroom
  • Cottage

About This Home

As of October 2024

This historic home in downtown Palatine features 2 large bedrooms, 2 full baths, and a 2 1/2 car garage. Overflowing with charm, it offers generous room sizes and beautiful spaces inside and out. The living room features hardwood flooring, an electric fireplace, and French doors leading to a brick paver patio. The spacious dining room offers hardwood flooring, abundant natural light and is ready and waiting for your next gathering. The light, bright kitchen, offers white cabinets with glass inserts, refinished countertops, porcelain tile floors, and Stainless Steel appliances. The Master Bedroom features an updated master bath and generous closet storage. A second bedroom on the main level is currently used as a family room/office. Terrific outdoor spaces include the cozy front porch and a huge paver brick patio with stone sitting wall. This incredible space overlooks a gorgeous fenced yard with beautiful perennial gardens. surrounded by perennials. Just blocks from the train, Sanborn Elementary School, Community Park and Pool, restaurants, shops and more. Newer windows, boiler and water heater. Don't delay!

Last Agent to Sell the Property

Cindy Eich

RE/MAX Suburban License #471022591 Listed on: 08/09/2024

RE/MAX Suburban

Co-Listed By

Martin Eich

RE/MAX Suburban License #475134374

Last Buyer's Agent

Kay Wirth

RE/MAX Suburban License #471003890

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,676

Year Built

  • Built in 1874

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132 x 65
  • Corner Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Cottage
  • Block Foundation
  • Shake Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,605 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Storm Screens
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Greenhouse
  • Brick Porch or Patio

Schools

  • Gray M Sanborn Elementary School
  • Palatine High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,676

Year Built

Built in 1874

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1874
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1605
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch, Brick Paver Patio, Storms/Screens
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • OtherStructures: Greenhouse
  • Roof: Asphalt, Shake
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 132 X 65
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9676.02
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 9, 2024
Sold by
Knoeppel Mark J
Bought by
Mowen Mackenzie and Eiter Ellen
Seller's Agent
Cindy Eich
RE/MAX Suburban
Buyer's Agent
Kay Wirth
RE/MAX Suburban
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
66
Current Estimated Value
$453,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,795
Avg. Annual Appreciation
7.73%
Original Mortgage
$336,000
Outstanding Balance
$332,807
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$120,988

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 10, 2016
Sold by
Williamson Lyda and Williamson Brain
Bought by
Knoeppel Mark J
Seller's Agent
Bridget Cantafio
@properties Christie's International Real Estate
Buyer's Agent
Cindy Eich
RE/MAX Suburban
List Price
$248,000
Sold Price
$253,000
Premium/Discount to List
$5,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$240,350
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2014
Sold by
Vanier Nancy A and Williamson Lyda
Bought by
Allen Jennifer E and Williamson Lyda

Purchase Details

Closed on
Jul 4, 2010
Sold by
Vanier Harvey L and Vanier Nancy A
Bought by
Vanier Harvey L and Harvey L Vanier Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mowen Mackenzie $420,000 None Listed On Document
Knoeppel Mark J $253,000 Chicago Title Company
Allen Jennifer E -- None Available
Vanier Harvey L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowen Mackenzie $336,000
Previous Owner Knoeppel Mark J $240,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $420,000 -1.2% $262 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $425,000 +68.0% $265 / Sq Ft
08/22/2016 08/22/16 Sold $253,000 +2.0% $158 / Sq Ft View Prior Sale
07/18/2016 07/18/16 Pending -- -- --
07/16/2016 07/16/16 For Sale $248,000 0.0% $155 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $248,000 -- $155 / 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 $9,676 $36,000 $5,227 $30,773
2023 $10,310 $36,000 $5,227 $30,773
2022 $10,310 $36,000 $5,227 $30,773
2021 $9,501 $29,255 $3,049 $26,206
2020 $9,359 $29,255 $3,049 $26,206
2019 $9,343 $32,578 $3,049 $29,529
2018 $7,000 $22,525 $2,831 $19,694
2017 $6,868 $22,525 $2,831 $19,694
2016 $6,387 $22,525 $2,831 $19,694
2015 $5,887 $19,159 $2,613 $16,546
2014 $5,815 $19,159 $2,613 $16,546
2013 $4,333 $19,159 $2,613 $16,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12127826

Midwest Real Estate Data (MRED)

APN: 02-14-324-008-0000