Seller's Agent in 2021
Ashley Thompson
Baird Warner
(847) 818-6030
1 in this area
168 Total Sales
705 E Meadow Ln Palatine, IL 60074
Willow Wood NeighborhoodEstimated Value: $521,000 - $570,000
4
Beds
2.5
Baths
2,433
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Property is near a park
- Recreation Room
- L-Shaped Dining Room
- Palatine High School Rated A
- Wood Flooring
- 1-minute walk to Willow Wood Park
About This Home
As of August 2021Welcome home to this wonderful 4 bed/2.1 bath home in Willow Wood, just down the street from Willowwood Park! This two-story home features a traditional layout with the foyer opening up into the spacious living room which is connected to the separate dining room and eat-in kitchen. The lovely kitchen is equipped with a beautiful bay window, quartz countertops, pantry and newer appliances. Adjacent to the kitchen is a powder room and family room with a cozy gas fireplace and built-in shelves. The second floor features a master suite with walk-in closet and full bathroom, three additional large bedrooms and another full bathroom in the hallway. Bathrooms have newer custom mirrors and are neutral in decor. The basement has a finished rec room and an unfinished area perfect for storage. No carpet in this home - beautiful, easy to maintain hardwood flooring throughout! You will love the gorgeously landscaped backyard which has a sunny patio that is ideal for summer BBQs! Absolutely nothing to do but move in, this home has been meticulously maintained with recent upgrades including furnace/AC(2014), windows(2017/2018), sump pump with battery backup(2020), washer/dryer(2018), refrigerator(2016), double oven(2016), cooktop and hood(2015), and updated electric box (2017)
Last Agent to Sell the Property
Baird & Warner License #475161505 Listed on: 06/10/2021
Last Buyer's Agent
@properties Christie's International Real Estate License #475187189
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,278
Year Built
- Built in 1968
Lot Details
- 9,104 Sq Ft Lot
- Lot Dimensions are 75x121x75x121
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,433 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room with Fireplace
- L-Shaped Dining Room
- Recreation Room
- Storage Room
- Wood Flooring
Kitchen
- Double Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
- Sink Near Laundry
Partially Finished Basement
- Partial Basement
- Sump Pump
- Crawl Space
Schools
- Virginia Lake 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
- Patio
- Property is near a park
Community Details
- Willow Wood Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2024
Sold by
Srikanteshwaran Jaishankar and Jaishankar Arathi
Bought by
Jaishankar Srikanteshwaran Living Trust and Srikanteshwaran
Current Estimated Value
Purchase Details
Listed on
Jun 10, 2021
Closed on
Aug 9, 2021
Sold by
Bernstein Jeffrey and Vargas Bernstein Nilsa
Bought by
Srikanteshwaran Jaishankar and Jaishankar Arathi
Seller's Agent
Ashley Thompson
Baird & Warner
Buyer's Agent
Evan Napolitano
@properties Christie's International Real Estate
Sold Price
$385,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$308,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 1, 2014
Closed on
Sep 15, 2014
Sold by
Declaration Horwath Patricia L
Bought by
Bernstein Jeffrey and Bernstein Nilsa Vargas
Seller's Agent
Richard Gerber
RE/MAX Suburban
Buyer's Agent
Tara Riley
Baird & Warner
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$276,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2013
Sold by
Horwath Patricia L and Horwath Leslie K
Bought by
Horwath Patricia L and Patricia L Horwath Trust
Purchase Details
Closed on
Oct 26, 1997
Sold by
Horwath John A and Horwath Patricia L
Bought by
Horwath John A and Horwath Patricia L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jaishankar Srikanteshwaran Living Trust | -- | None Listed On Document | |
| Srikanteshwaran Jaishankar | $385,000 | Baird & Warner Ttl Svcs Inc | |
| Bernstein Jeffrey | $345,000 | Jp Title | |
| Horwath Patricia L | -- | None Available | |
| Horwath Patricia L | -- | None Available | |
| Horwath John A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Srikanteshwaran Jaishankar | $308,000 | |
| Previous Owner | Bernstein Jeffrey | $274,000 | |
| Previous Owner | Bernstein Jeffrey | $276,000 | |
| Previous Owner | Horwath John A | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $385,000 | -3.7% | $158 / Sq Ft |
| 07/04/2021 07/04/21 | Pending | -- | -- | -- |
| 06/21/2021 06/21/21 | For Sale | -- | -- | -- |
| 06/13/2021 06/13/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | For Sale | $399,800 | +15.9% | $164 / Sq Ft |
| 09/15/2014 09/15/14 | Sold | $345,000 | -4.2% | $142 / Sq Ft |
| 08/05/2014 08/05/14 | Pending | -- | -- | -- |
| 06/30/2014 06/30/14 | For Sale | $360,000 | -- | $148 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,268 | $38,000 | $7,272 | $30,728 |
| 2023 | $9,904 | $38,000 | $7,272 | $30,728 |
| 2022 | $9,904 | $38,000 | $7,272 | $30,728 |
| 2021 | $9,319 | $32,024 | $4,545 | $27,479 |
| 2020 | $9,253 | $32,024 | $4,545 | $27,479 |
| 2019 | $9,278 | $35,782 | $4,545 | $31,237 |
| 2018 | $10,036 | $35,729 | $4,090 | $31,639 |
| 2017 | $9,864 | $35,729 | $4,090 | $31,639 |
| 2016 | $9,423 | $35,729 | $4,090 | $31,639 |
| 2015 | $8,906 | $31,609 | $3,636 | $27,973 |
| 2014 | $8,814 | $31,609 | $3,636 | $27,973 |
| 2013 | $9,349 | $31,609 | $3,636 | $27,973 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Thompson
-
Linda Goland
Seller Co-Listing Agent in 2021
Linda Goland
Baird Warner
(847) 494-0961
1 in this area
106 Total Sales
-
Evan Napolitano
Buyer's Agent in 2021
Evan Napolitano
@ Properties
(847) 767-3457
1 in this area
108 Total Sales
-
Richard Gerber
Seller's Agent in 2014
Richard Gerber
RE/MAX Suburban
(847) 987-5356
115 Total Sales
-
T
Buyer's Agent in 2014
Tara Riley
Baird Warner
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11096518
APN: 02-14-203-001-0000
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