NOT LISTED FOR SALE

640 E Thornhill Ln Unit 640 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $285,000 - $361,000

2 Beds
1.5 Baths
1,450 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2021

Last sale price $240,500 $166 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,488 / mo

78 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Palatine High School Rated A
  • First Floor Utility Room
  • Double Pane Windows

About This Home

As of July 2021

What a Pleasant & Quiet 2-story Townhome!!! Terrific location! Near shopping center, Route 53, & train station. Bright and open layout. New Carpet, New Floor Tiles, New Range/Stove, New Washer and Dryer, Newer Water Heater, Newer Furnace, etc. Living room-slider to backyard. 2 bedrooms & 1-1/2 baths! Vaulted master bedroom with access to full bath and a huge walk-in closet. 2-car large garage. Wonderful subdivision with a huge playground! Must see!!!

Last Agent to Sell the Property

Alan Ang

Abundance Realty, Inc. License #471015247 Listed on: 03/12/2021

Last Buyer's Agent

Phyllis Chudik

Baird & Warner License #475122473

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1996

Lot Details

  • 8.14

HOA Fees

  • $218 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • First Floor Utility Room
  • Partially Carpeted

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Nancy R. D'andrea Association, Phone Number (847) 428-7140
  • Concord Mills Subdivision, Redding Floorplan
  • Property managed by Premier Community Management LLC

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,498

Year Built

Built in 1996

Lot Details

8.14 Acres

HOA Fees

$218 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Concord Mills
  • Year Built: 1996
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, 1st Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), 9' Ceilings, Open Floorplan, Some Carpeting, Some Window Treatmnt, Dining Combo, Drapes/Blinds, Some Insulated Wndws, Some Storm Doors
  • LivingArea: 1450
  • Room Type: Foyer, Utility Room-1st Floor
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1450
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1450
  • Door Features: Sliding Doors,Storm Door(s)
  • Window Features: Blinds,Double Pane Windows,Insulated Windows,Window Treatments

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 218
  • Association Amenities: Park
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Community Management LLC
  • Management Contact Name: Nancy R. D'Andrea
  • Management Phone: 847-428-7140

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4498.14
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jul 6, 2021
Sold by
Ang Alan
Bought by
Otte Rachel J
Seller's Agent
Alan Ang
Abundance Realty, Inc.
Buyer's Agent
Phyllis Chudik
Baird & Warner
List Price
$245,000
Sold Price
$240,500
Premium/Discount to List
-$4,500
-1.84%
Current Estimated Value
$325,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,845
Avg. Annual Appreciation
6.43%
Original Mortgage
$192,400
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2014
Sold by
Ang Alan and Hu Lillian Qin
Bought by
Ang Alan

Purchase Details

Closed on
Nov 14, 1996
Sold by
Concord Mills Ltd Partnership
Bought by
Ang Alan and Chiu Chun Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.74%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Otte Rachel J $240,500 First American Title
Ang Alan -- None Available
Ang Alan $142,500 Ticor Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Otte Rachel J $192,400
Previous Owner Ang Alan $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $240,500 -1.8% $166 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $245,000 0.0% $169 / Sq Ft
05/16/2021 05/16/21 Price Changed $245,000 +3.8% $169 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $236,000 0.0% $163 / Sq Ft
10/15/2018 10/15/18 Rented $1,675 0.0% --
10/10/2018 10/10/18 Under Contract -- -- --
09/15/2018 09/15/18 For Rent $1,675 +11.7% --
04/01/2016 04/01/16 Rented $1,500 0.0% --
03/11/2016 03/11/16 Under Contract -- -- --
02/26/2016 02/26/16 Price Changed $1,500 -3.2% $1 / Sq Ft
01/22/2016 01/22/16 For Rent $1,550 -- --
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 $6,419 $25,350 $4,452 $20,898
2024 $6,419 $21,684 $3,734 $17,950
2023 $6,210 $21,684 $3,734 $17,950
2022 $6,210 $21,684 $3,734 $17,950
2021 $4,455 $17,047 $2,154 $14,893
2020 $4,461 $17,047 $2,154 $14,893
2019 $4,498 $19,114 $2,154 $16,960
2018 $4,096 $16,615 $1,938 $14,677
2017 $4,037 $16,615 $1,938 $14,677
2016 $4,003 $16,615 $1,938 $14,677
2015 $3,593 $14,317 $1,795 $12,522
2014 $3,566 $14,317 $1,795 $12,522
2013 $3,457 $14,317 $1,795 $12,522
Source: Public Records

Agents Affiliated with this Home

  • Alan Ang

    Seller's Agent in 2021

    Alan Ang

    Abundance Realty, Inc.

    (630) 776-6380

    1 in this area

    5 Total Sales

    Alan Ang
    Section Image
  • Phyllis Chudik

    Buyer's Agent in 2021

    Phyllis Chudik

    Baird Warner

    (847) 204-0948

    1 in this area

    20 Total Sales

    Phyllis Chudik
    Section Image

  • A

    Buyer's Agent in 2018

    Allana Goldberg

    Core Realty & Investments, Inc

    (224) 805-7649

    14 Total Sales

    Allana Goldberg
    Section Image

  • S

    Buyer's Agent in 2016

    Susan Becker

    RE/MAX Unlimited Northwest

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11018983

Midwest Real Estate Data (MRED)

APN: 02-11-207-006-1098

Illinois Cook County Palatine 60074 Virginia Lake

640 E Thornhill Ln Unit 640, Palatine, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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