NOT LISTED FOR SALE

Estimated Value: $532,000 - $579,000

4 Beds
2.5 Baths
2,072 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $499,000 $241 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,812/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Property is near park
  • Granite Countertops
  • Palatine High School Rated A
  • Wood Flooring
  • Mud Room

About This Home

As of July 2022

Paradise in Palatine. Beautifully Updated 4 Bedroom, 2.5 Bathroom Colonial Backing to Highly Desirable 4.8 Mile Palatine Trail. Open, Airy, with Loads of Natural Light and Parklike Views. Gorgeous Kitchen with Custom Cherry Cabinets, Granite, Stainless Appliances, Breakfast Island. Family Room with Custom Built-Ins, Fireplace and Wall of Windows Overlooking Stunning Backyard. Large Living Room with New Carpeting and Bay Window. Huge Master Suite with Hardwood, Remodeled Bathroom and Walk-In Closet. All Bedrooms are Good Sized with Hardwood Flooring and Plenty of Closet Space. Basement with Large Rec Room and Custom Paneling. Professionally Landscaped Yard with Sprinkler System. Brick Paver Patio Includes Fire Pit, Gazebo with Built-In Bluetooth Speakers, Lighting, Gas Supply and Pond. Newer Concrete Driveway with Side Parking Apron. Close to Parks and Award Winning Schools. Convenient to Town and Interstate.

Last Agent to Sell the Property

Mark Munro

Baird & Warner License #475112938 Listed on: 05/28/2022

Baird & Warner

Last Buyer's Agent

Rob Morrison

Coldwell Banker Realty License #475132015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,112

Year Built

  • Built in 1969

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 82 x 128
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Six Panel Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit
  • Shed

Location

  • Property is near park

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Banbury Lane Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,112

Year Built

Built in 1969

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: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s), Granite Counters
  • LivingArea: 2072
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn
  • Room Type: Foyer, Mud Room
  • Estimated Total Finished Sq Ft: 2446
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 2446
  • Attic: Unfinished
  • Door Features: 6 Panel Door(s)
  • Window Features: Bay Window(s),Double Pane Windows

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Fire Pit
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Side Apron
  • ParkingTotal: 1
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • 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 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 Size Acres: 0.24
  • Lot Dimensions: 82 X 128
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9111.94
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2022
Closed on
Jul 6, 2022
Sold by
Richard B Davis 1998 Living Trust
Bought by
Brault Amy L
Seller's Agent
Mark Munro
Baird & Warner
Buyer's Agent
Rob Morrison
Coldwell Banker Realty
List Price
$495,000
Sold Price
$499,000
Premium/Discount to List
$4,000
0.81%
Current Estimated Value
$564,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,482
Avg. Annual Appreciation
3.54%
Original Mortgage
$399,200
Outstanding Balance
$377,708
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$186,774

Purchase Details

Closed on
May 30, 2002
Sold by
Davis Richard B and Davis Sharon P
Bought by
Davis Richard B and Davis Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 14, 2001
Sold by
Davis Richard B and Davis Sharon P
Bought by
Davis Richard B and Davis Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 17, 1998
Sold by
Davis Richard and Davis Sharon
Bought by
Davis Richard B and Davis Sharon P

Purchase Details

Closed on
Mar 13, 1998
Sold by
Hamick John J and Hamick Kristine L
Bought by
Davis Richard and Davis Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Brault Amy L $499,000 None Listed On Document
Davis Richard B -- --
Davis Richard B -- --
Davis Richard B -- Stewart Title
Davis Richard B -- --
Davis Richard $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brault Amy L $399,200
Previous Owner Davis Richard B $50,000
Previous Owner Davis Richard B $130,000
Previous Owner Davis Richard $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $499,000 +0.8% $241 / Sq Ft
05/28/2022 05/28/22 For Sale $495,000 -- $239 / 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 $10,528 $48,000 $9,971 $38,029
2024 $10,528 $35,561 $8,397 $27,164
2023 $10,050 $38,511 $8,397 $30,114
2022 $10,050 $38,511 $8,397 $30,114
2021 $9,176 $31,584 $5,248 $26,336
2020 $9,112 $31,584 $5,248 $26,336
2019 $9,137 $35,290 $5,248 $30,042
2018 $8,874 $31,991 $4,723 $27,268
2017 $8,725 $31,991 $4,723 $27,268
2016 $9,271 $35,193 $4,723 $30,470
2015 $7,239 $26,182 $4,198 $21,984
2014 $7,167 $26,182 $4,198 $21,984
2013 $8,436 $31,152 $4,198 $26,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11418386

Midwest Real Estate Data (MRED)

APN: 02-11-413-008-0000