NOT LISTED FOR SALE

721 E Cunningham Dr Palatine, IL 60074

Reseda Neighborhood

Estimated Value: $494,000 - $549,000

3 Beds
2 Baths
2,024 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $335,000 $166 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,511/month

81 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Attached Garage
  • Palatine High School Rated A
  • Stainless Steel Appliances
  • Breakfast Bar

About This Home

As of June 2018

HUGE PRICE REDUCTION! Bring us an offer! Beautiful ALL BRICK RANCH! OPEN, flowing FLOOR PLAN! CUSTOM LEADED GLASS front doors & BRIGHT foyer welcome you to this special home! BRAND NEW KITCHEN! Custom cabinets with soft close drawers, GRANITE counters, Stainless Steel appliances, HARDWOOD floors! OPEN to Family room with hardwood floors & BRICK fireplace! 1st floor LAUNDRY with two utility sinks and exit to yard! OPEN, SPACIOUS Dining & Living rooms! HUGE master bedroom with Walk IN CLOSET & NEW BATH with marble floor! HALL BATH also BRAND NEW with double bowl sinks, GRANITE & MARBLE FLOORS! Home is FRESHLY painted in today's colors! Partially finished basement! Newer windows-2007, Furnace & AC-2015, Roof-2014, Sump Pump-2017! Walk to Palatine High School & Virginia Lake elementary! Great neighborhood! Close to shopping, schools, highway, bike paths & more! Beautiful Yard! Motivated seller!

Last Agent to Sell the Property

Ginny Opsahl

RE/MAX At Home License #475122294 Listed on: 02/14/2018

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,231

Year Built | Renovated

  • 1977 | 2017

Lot Details

  • 10,193

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,231

Year Built | Renovated

1977 | 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1977
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Partially Finished, Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2024
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 211
  • Elementary School: VIRGINIA LAKE ELEMENTARY SCHOOL
  • Middle School: WALTER R SUNDLING JUNIOR HIGH SC
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 78 X 136
  • Parcel Identification Number: 02114170100000

Tax Info

  • Taxes: 6348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jun 28, 2018
Sold by
Pak Hong K
Bought by
Hajela Ravindra K and Hajela Neerja
Seller's Agent
Ginny Opsahl
RE/MAX At Home
Buyer's Agent
Non Member
NON MEMBER
List Price
$375,000
Sold Price
$335,000
Premium/Discount to List
-$40,000
-10.67%
Current Estimated Value
$518,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,526
Avg. Annual Appreciation
6.35%
Original Mortgage
$235,000
Outstanding Balance
$206,285
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$314,440

Purchase Details

Closed on
May 3, 1995
Sold by
Pak Hong Kyu and Pak Ok Nan
Bought by
Pak Hong K
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hajela Ravindra K $335,000 Attorneys Title Guaranty Fun
Pak Hong K -- --
Pak Ok N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hajela Ravindra K $235,000
Previous Owner Pak Hong K $250,000
Previous Owner Pak Hong K $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $335,000 -6.9% $166 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $360,000 -4.0% $178 / Sq Ft
02/14/2018 02/14/18 For Sale $375,000 -- $185 / 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 $8,231 $33,772 $8,147 $25,625
2023 $7,909 $33,772 $8,147 $25,625
2022 $7,909 $33,772 $8,147 $25,625
2021 $6,840 $27,055 $5,092 $21,963
2020 $6,869 $27,055 $5,092 $21,963
2019 $6,899 $30,230 $5,092 $25,138
2018 $7,673 $30,874 $4,582 $26,292
2017 $5,841 $30,874 $4,582 $26,292
2016 $6,348 $30,874 $4,582 $26,292
2015 $7,227 $28,017 $4,073 $23,944
2014 $7,167 $28,017 $4,073 $23,944
2013 $7,815 $31,835 $4,073 $27,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09858115

Midwest Real Estate Data (MRED)

APN: 02-11-417-010-0000