NOT LISTED FOR SALE

721 E Mill Valley Rd Palatine, IL 60074

Reseda Neighborhood

Estimated Value: $586,000 - $642,076

4 Beds
2.5 Baths
2,350 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $576,000 $245 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,148/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • Property is near a park
  • Wood Flooring
  • Palatine High School Rated A
  • Recreation Room
  • Tennis Courts

About This Home

As of March 2024

Welcome to your dream home in Reseda! This stunning 4-bedroom, 2.5-bathroom residence is the epitome of comfort and style. Step into the main level and be greeted by a large living room, perfect for entertaining guests or relaxing with family. The spacious dining room provides an ideal setting for memorable meals, while the updated eat-in kitchen boasts stainless appliances and quartz counters-a chef's delight! The family room, complete with a wood-burning fireplace, is the heart of this home, offering warmth and charm. Moving to the second floor, the generously sized primary bedroom awaits, featuring a fully updated ensuite bath for your utmost convenience. Three additional large bedrooms and a second updated full bath ensure ample space for family or guests. The partially finished basement provides not only additional living space but also plenty of storage options. Since 2019, this home has undergone significant updates, including new siding, windows, a remodeled kitchen and bathrooms as well as new flooring and trim throughout most of the home. The addition of a new HVAC system and air conditioner, a 75-gallon water heater, and new ceiling fans enhances the overall modern living experience. Step outside and enjoy the newly constructed patio and walkway in stylish pavers, surrounded by a new shed and aluminum fence, adding both beauty and functionality to the exterior. This meticulously updated home is not just a dwelling; it's a lifestyle upgrade. Don't miss the opportunity to make this your new haven! The perfect location, this home is located just over .25 miles from Palatine High School and Virginia Lake Elementary and just a short drive to shopping, entertainment and access to Rt 53. A preferred lender offers a reduced interest rate for this listing

Last Agent to Sell the Property

Jim Talerico

Redfin Corporation License #475165353 Listed on: 01/25/2024

Redfin Corporation

Last Buyer's Agent

Francesca Ciccone

@properties Christie's International Real Estate License #475141767

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Shades
  • Blinds
  • Bay Window
  • Window Screens
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room
  • Unfinished Attic

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Gazebo
  • Shed
  • Porch

Location

  • Property is near a park

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,571

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • 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: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Laundry
  • LivingArea: 2350
  • Other Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust
  • Room Type: Recreation Room, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Egress Window
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: ENERGY STAR Qualified Doors,Mirrored Closet Door(s),Storm Door(s),36" Minimum Entry Door,Lever Style Door Handles,6 Panel Door(s)
  • Window Features: Bay Window(s),Blinds,ENERGY STAR Qualified Windows,Insulated Windows,Screens,Shades
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 560000
  • OtherStructures: Gazebo, Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick,Masonite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Common Area, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), 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
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.263
  • Lot Dimensions: 11475
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4571
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 20, 2024
Sold by
Hill Todd and Hill Jodi
Bought by
Barash Bianca R
Seller's Agent
Jim Talerico
Redfin Corporation
Buyer's Agent
Francesca Ciccone
@properties Christie's International Real Estate
List Price
$560,000
Sold Price
$576,000
Premium/Discount to List
$16,000
2.86%
Views
50
Current Estimated Value
$611,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,769
Avg. Annual Appreciation
3.85%
Original Mortgage
$460,000
Outstanding Balance
$452,794
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$156,350

Purchase Details

Closed on
Jun 13, 2019
Sold by
Johnson Marjorie L and Johnson Kenneth A
Bought by
Hill Todd and Hill Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2007
Sold by
North Star Trust Co
Bought by
The Marjorie L Johnson Trust
Source: Public Records

Range of Values:

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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
Barash Bianca R $576,000 None Listed On Document
Hill Todd $290,000 First American Title
The Marjorie L Johnson Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barash Bianca R $460,000
Previous Owner Hill Jodi $356,000
Previous Owner Hill Jodi $320,000
Previous Owner Hill Todd $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $576,000 +2.9% $245 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $560,000 -- $238 / 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 $9,779 $39,000 $9,180 $29,820
2023 $9,407 $39,000 $9,180 $29,820
2022 $9,407 $39,000 $9,180 $29,820
2021 $8,311 $31,584 $5,737 $25,847
2020 $8,318 $31,584 $5,737 $25,847
2019 $10,121 $35,290 $5,737 $29,553
2018 $11,648 $37,480 $5,163 $32,317
2017 $11,427 $37,480 $5,163 $32,317
2016 $10,627 $37,480 $5,163 $32,317
2015 $10,016 $32,599 $4,590 $28,009
2014 $9,894 $32,599 $4,590 $28,009
2013 $9,641 $32,599 $4,590 $28,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11954114

Midwest Real Estate Data (MRED)

APN: 02-11-409-001-0000