$525,000
SOLD MAY 23, 2025
4 Beds
2.5 Baths
2,124 Sq Ft
1968 Built

Recently Sold

$247 Per Sq Ft

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Palatine High School Rated A
  • Recreation Room
  • Corner Lot

About This Home

As of May 2025

Lovely And Spacious Colonial home In The Desirable Location Of Banbury Lane. Your New Home Has Been Loved & Well Maintained With Many Updates... First Floor Has A Perfect Flow For Entertaining... Family Room With A Beautiful Brick Fireplace, Spacious Living & Separate Dining Rooms Next To A Delightful Kitchen With Maple Cabinets, Newer Stainless Steel Cooktop, Oven, Plus Microwave, Table-space & Seamless Access To Deck For Grilling & Relaxing ... Fantastic First Floor Laundry/Mudroom Serviced From Garage Or Yard And A Half Bath Round Out First Floor... Second Floor Has 4 Wonderful Bedrooms With Hardwoods In All Rooms & Hallway, Shared Hall Bath W/Tub. Primary Bedroom Has Ensuite & Walk-In Closet, All Bedrooms Have Ceiling Fans For Comfortability...Partial Finished Basement W/Included Foosball Table & Bar...Plenty Of Storage In Basement & Throughout Home...All Newer Flooring On First Floor, Refinished Hardwoods On Stairway, New Hardwoods Upstairs Hallway, Most Rooms Freshly Painted, Solar Light Post And Outdoor Lights...2 Car Sideload Garage And Fully Fenced Yard...Welcoming You Home!

Last Agent to Sell the Property

Linda Hagstrom

HomeSmart Connect LLC License #475166044 Listed on: 03/26/2025

HomeSmart Connect LLC

Last Buyer's Agent

Adam Casbarian

Weichert, Realtors - All Pro License #475175787

Weichert, Realtors - All Pro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,595

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 86 x 128
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Includes Fireplace Accessories
  • Gas Log Fireplace
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Carbon Monoxide Detectors

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Schools

  • Virginia Lake Elementary School
  • Winston Campus Middle School
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Banbury Lane Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,595

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Banbury Lane
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Oven, Gas Cooktop, Humidifier
  • Basement: Partially Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Includes Accessories
  • Fireplaces: 1
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 2124
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Recreation Room
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Square Footage Comments: Buyer To Verify Square Footage
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Virginia Lake Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus Middle School

Lot Info

  • Lot Dimensions: 86 X 128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9594.85
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
May 21, 2025
Sold by
Gottlieb Susan
Bought by
Omahoney Colleen
Seller's Agent
Linda Hagstrom
HomeSmart Connect LLC
Buyer's Agent
Adam Casbarian
Weichert, Realtors - All Pro
List Price
$525,000
Sold Price
$525,000
Views
48
Current Estimated Value
$536,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,660
Avg. Annual Appreciation
3.67%
Original Mortgage
$375,000
Outstanding Balance
$372,737
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$163,923

Purchase Details

Closed on
Apr 8, 2005
Sold by
Mcarthur Douglas W and Mcarthur Colleen M
Bought by
Gottlieb Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,500
Interest Rate
4.37%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Listed On Document
Warranty Deed $435,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $291,500 Unknown
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2025 05/23/25 Sold $525,000 0.0% $247 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $525,000 -- $247 / 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
2025 $9,595 $48,000 $10,458 $37,542
2024 $9,595 $35,726 $8,806 $26,920
2023 $9,252 $35,726 $8,806 $26,920
2022 $9,252 $35,726 $8,806 $26,920
2021 $7,982 $27,909 $5,504 $22,405
2020 $8,689 $30,263 $5,504 $24,759
2019 $8,714 $33,814 $5,504 $28,310
2018 $8,720 $31,496 $4,953 $26,543
2017 $9,733 $35,297 $4,953 $30,344
2016 $9,300 $35,297 $4,953 $30,344
2015 $8,791 $31,236 $4,403 $26,833
2014 $8,701 $31,236 $4,403 $26,833
2013 $8,461 $31,236 $4,403 $26,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12321062

Midwest Real Estate Data (MRED)

APN: 02-11-411-016-0000