NOT LISTED FOR SALE

Estimated Value: $571,000 - $653,000

5 Beds
3 Baths
2,643 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $552,500 $209 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,301/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Deck
  • Recreation Room
  • Palatine High School Rated A
  • Property is near a park
  • Wood Flooring

About This Home

As of November 2023

This remarkable home in Palatine offers a sought-after location and has been fully remodeled in 2015, showcasing its well-cared-for condition. As you enter the inviting foyer, you'll be greeted by a spacious living room filled with natural light streaming through the ample windows. The living room opens up to a separate dining room, providing plenty of space for formal gatherings. The updated kitchen is a standout feature, boasting 42' cherry wood cabinets, abundant granite counter space, a breakfast bar, and room for an eat-in kitchen table. Its open concept design seamlessly connects to the family room, creating an ideal space for entertaining. Cozy up to the stone, gas fireplace on cooler nights. Step outside from the kitchen and discover a beautifully landscaped, fully fenced backyard with a new deck, perfect for hosting gatherings and enjoying outdoor activities. The main level also includes a fifth bedroom or office and a full bath, along with a built-in mudroom off the garage. The primary bedroom exudes luxury, offering a walk-in closet professionally organized with a stylish barn door. The attached luxury bath boasts a double vanity, walk-in shower, and a soaking tub. Three additional spacious bedrooms and another full bath can be found on the second level. The full finished basement adds even more livable square footage to this already spacious home. It features wood laminate flooring, entertainment space, surround sound speakers, a dry bar with a wine refrigerator and separate refrigerator, and ample storage space, including a crawl space. Additional updates include an A/C ('15), furnace ('15), windows ('15), sump pump ('22), two-panel doors throughout, crown molding, and higher trim throughout. The home is conveniently located just steps away from schools and Hamilton Park, which offers pickleball courts, a playground, walking paths, soccer fields, baseball fields, and more. Additionally, it's only a 7-minute drive to the Metra station and the vibrant downtown Palatine, known for its restaurants, shopping, nightlife, and coffee shops.

Last Agent to Sell the Property

Amy Diamond

@properties Christie's International Real Estate License #475126552 Listed on: 10/12/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Amy Diamond

@properties Christie's International Real Estate License #475126552 Listed on: 10/12/2023

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,606

Year Built

  • Built in 1973

Lot Details

  • 10,010 Sq Ft Lot
  • Lot Dimensions are 143 x 70
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,643 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Lincoln Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

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

Additional Features

  • Deck
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,606

Year Built

Built in 1973

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
  • Year Built: 1973
  • Age: 41-50 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2643
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Recreation Room, Utility Room-Lower Level, Eating Area, Game Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2643
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick,Frame

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.2298
  • Lot Dimensions: 143 X 70
  • 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: 9606.01
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 9, 2023
Sold by
Oconnell Family 2017 Declaration Of Trus
Bought by
Kavalerchik Lubov and Borenstein Zachory
Seller's Agent
Amy Diamond
@properties Christie's International Real Estate
Buyer's Agent
Amy Diamond
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$552,500
Premium/Discount to List
$27,500
5.24%
Total Days on Market
1
Views
55
Current Estimated Value
$608,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,506
Avg. Annual Appreciation
6.29%
Original Mortgage
$442,000
Outstanding Balance
$436,814
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$171,192

Purchase Details

Closed on
Mar 28, 2017
Sold by
Oconnell Steven and Oconnell Katie Nell
Bought by
Oconnell Steven C and Oconnell Katie Nell

Purchase Details

Listed on
Mar 29, 2015
Closed on
Apr 30, 2015
Sold by
Mcnally Robert J and Mcnally Susan E
Bought by
Nell O Connell Steve and Connell Katie Nell O
Seller's Agent
Young Lee
Real Broker LLC
Buyer's Agent
Maria DelBoccio
@properties Christie's International Real Estate
List Price
$415,000
Sold Price
$407,500
Premium/Discount to List
-$7,500
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$366,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2012
Closed on
Jan 31, 2012
Sold by
Dendorbres Llc Series 68 Cunningham Pala
Bought by
Mcnally Robert J and Mcnally Susan E
Seller's Agent
Alex Rudik
Core Realty & Investments
Buyer's Agent
Jack O'Connor
Baird & Warner
List Price
$399,989
Sold Price
$370,000
Premium/Discount to List
-$29,989
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Gingras Berna K
Bought by
Denborbres Llc Series 68 Cunningham Pala

Purchase Details

Closed on
Mar 28, 2005
Sold by
Gingras Bernadette J
Bought by
Gingras Berna K and Berna K Gingras Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Kavalerchik Lubov $552,500 None Listed On Document
Oconnell Steven C -- Attorney
Nell O Connell Steve $407,500 First American Title
Mcnally Robert J $370,000 None Available
Denborbres Llc Series 68 Cunningham Pala $215,000 Cti
Gingras Berna K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavalerchik Lubov $442,000
Previous Owner Nell O Connell Steve $366,000
Previous Owner Gingras Berna K $150,000
Previous Owner Gingras Berna K $110,000
Previous Owner Gingras Bernadette J $182,000
Previous Owner Gingras Bernadette J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $552,500 +5.2% $209 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $525,000 +28.8% $199 / Sq Ft
04/30/2015 04/30/15 Sold $407,500 -1.8% $146 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $415,000 +12.2% $148 / Sq Ft
01/31/2012 01/31/12 Sold $370,000 -7.5% $132 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $399,989 -- $143 / 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 $10,817 $39,854 $8,008 $31,846
2023 $11,049 $39,854 $8,008 $31,846
2022 $11,049 $42,000 $8,008 $33,992
2021 $9,606 $32,908 $5,005 $27,903
2020 $9,536 $32,908 $5,005 $27,903
2019 $9,561 $36,769 $5,005 $31,764
2018 $10,706 $37,887 $4,504 $33,383
2017 $11,551 $37,887 $4,504 $33,383
2016 $10,743 $37,887 $4,504 $33,383
2015 $10,300 $33,523 $4,004 $29,519
2014 $10,175 $33,523 $4,004 $29,519
2013 $9,915 $33,523 $4,004 $29,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11899042

Midwest Real Estate Data (MRED)

APN: 02-10-207-003-0000