NOT LISTED FOR SALE

Estimated Value: $679,000 - $757,000

4 Beds
2.5 Baths
3,055 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $613,000 $201 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,088/month

20 Days on Market

Highlights

  • Heated Floors
  • Contemporary Architecture
  • Vaulted Ceiling
  • Palatine High School Rated A
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of January 2023

Prepare to be wowed by this beautifully maintained and updated 3,000+ sq ft home in Palatine's highly desirable Concord Mills neighborhood. Featuring gorgeous hardwood floors, vaulted ceilings, tons of windows and an open floor plan there is plenty of space for the whole family and entertaining large groups. The gourmet dine-in kitchen with 42" cabinets, granite countertops, island and newer stainless steel appliances opens into the HUGE family room. Off the family room is an office/possible 4th bedroom. Upstairs you will find a primary suite featuring two walk-in closets, dramatic vaulted ceilings and a spacious, updated bath with dual sinks and heated floors plus two large additional bedrooms with tons of closet space. A spacious 2nd floor loft can easily be closed off for an additional bedroom. All of this plus a partially finished basement with wine cellar means there is room for everyone. A 3-car garage with epoxied floors, beautiful landscaping and large yard with Invisible Fence round out this stunning home. Walking distance to Palatine High School. .7 mile to Virginia Lake Elementary School. And don't forget the many recent upgrades, including: (2022) exterior paint, dishwasher; (2019) High-efficiency furnace and a/c; (2014) roof, gutters, downspouts; (2013) granite kitchen countertops, SS kitchen appliances. Check out complete list of updates in Additional Information.

Last Agent to Sell the Property

Amy Diamond

@properties Christie?s International Real Estate License #475126552 Listed on: 11/30/2022

@properties Christie?s International Real Estate

Co-Listed By

Jennifer Lussow

@properties Christie?s International Real Estate License #475193619

Last Buyer's Agent

Mark Munro

Baird & Warner License #475112938

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,137

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 68 x 135
  • Dog Run
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,055 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room
  • Loft
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Schools

  • Virginia Lake Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Concord Mills Subdivision, Avalon Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,137

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Concord Mills
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Wood Laminate Floors, Heated Floors
  • LivingArea: 3055
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump, Backup Sump Pump;
  • Room Type: Office, Loft, Eating Area, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Dog Run
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: 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: Virginia Lake Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc

Lot Info

  • Lot Dimensions: 68 X 135
  • 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: 13136.9
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 11, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Ho Derek Y
Seller's Agent
Amy Diamond
@properties Christie?s International Real Estate
Buyer's Agent
Mark Munro
Baird & Warner
List Price
$625,000
Sold Price
$613,000
Premium/Discount to List
-$12,000
-1.92%
Views
67
Current Estimated Value
$732,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,520
Avg. Annual Appreciation
6.12%
Original Mortgage
$490,400
Outstanding Balance
$449,209
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$283,311

Purchase Details

Closed on
May 21, 2011
Sold by
Ballenger Michael F and Ballenger Cheryl M
Bought by
Chicago Title Land Trust Company and Trust #8002357195

Purchase Details

Closed on
Oct 4, 1996
Sold by
Concord Mills Ltd Partnership
Bought by
Ballenger Michael F and Ballenger Cheryl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
7.91%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Ho Derek Y $613,000 None Listed On Document
Chicago Title Land Trust Company $495,000 Fntic
Ballenger Michael F $305,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Derek Y $490,400
Previous Owner Ballenger Michael F $163,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $613,000 -0.3% $201 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
12/16/2022 12/16/22 Price Changed $615,000 -1.6% $201 / Sq Ft
11/30/2022 11/30/22 For Sale $625,000 -- $205 / 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 $14,413 $65,000 $14,229 $50,771
2024 $14,413 $52,000 $11,934 $40,066
2023 $13,913 $52,000 $11,934 $40,066
2022 $13,913 $52,000 $11,934 $40,066
2021 $13,137 $43,780 $6,885 $36,895
2020 $13,014 $43,780 $6,885 $36,895
2019 $13,092 $49,081 $6,885 $42,196
2018 $13,874 $48,080 $6,196 $41,884
2017 $13,630 $48,080 $6,196 $41,884
2016 $12,925 $48,080 $6,196 $41,884
2015 $11,592 $40,350 $5,737 $34,613
2014 $11,467 $40,350 $5,737 $34,613
2013 $11,156 $40,350 $5,737 $34,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11678355

Midwest Real Estate Data (MRED)

APN: 02-11-213-018-0000