724 N Bel Aire Terrace Palatine, IL 60074
Willow Wood Neighborhood
4
Beds
3
Baths
2,166
Sq Ft
10,019
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- Granite Countertops
- Palatine High School Rated A
- Sun or Florida Room
- L-Shaped Dining Room
About This Home
As of September 2024Two-story colonial on quiet interior street in the willow wood subdivision. Hardwood flooring throughout the entire house. Brick FP with built-in bookshelves. Family room also has a mirrored wall to go with the hardwood floor to serve as a dance studio. Spacious sunroom overlooking fenced private backyard with mature trees. Connected patio with awning provides space for outdoor gatherings / activities rain or shine. Large kitchen with generous cabinet space is chef's dream. Garage also has ample cabinetry for storage. All bedrooms have ceiling fans and closet organizers have been installed in all bedrooms. Close to school, several parks, community pool & commuter train.
Last Agent to Sell the Property
HomeSmart Connect LLC License #475187135 Listed on: 08/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,477
Year Built
- Built in 1969
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 90x115
- Wood Fence
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,166 Sq Ft Home
- 2-Story Property
- Bookcases
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- L-Shaped Dining Room
- Sun or Florida Room
- Wood Flooring
- Carbon Monoxide Detectors
- Gas Dryer Hookup
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Accessible Home Design
- Roll-in Shower
- Grab Bar In Bathroom
- Accessibility Features
- Level Entry For Accessibility
Outdoor Features
- Patio
- Shed
Schools
- Virginia Lake Elementary School
- Winston Campus Middle School
- Palatine High School
Utilities
- Central Air
- Humidifier
- Heating System Uses Natural Gas
- 200+ Amp Service
- Gas Water Heater
- Water Purifier is Owned
Community Details
- Willow Wood Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2024
Closed on
Sep 13, 2024
Sold by
Xu Yun
Bought by
Glover Samantha Cecchin and Glover Michael C
Seller's Agent
Susan Xu
HomeSmart Connect LLC
Buyer's Agent
Anthony Erangey
Baird & Warner
List Price
$529,500
Sold Price
$520,000
Premium/Discount to List
-$9,500
-1.79%
Total Days on Market
21
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,990
Avg. Annual Appreciation
3.08%
Original Mortgage
$442,000
Outstanding Balance
$438,949
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$92,041
Purchase Details
Closed on
Jan 11, 2019
Sold by
Han Baoguo and Xu Yun
Bought by
Xu Yun
Purchase Details
Closed on
Dec 29, 2000
Sold by
Markham Maureen F
Bought by
Han Baoguo and Xu Yun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.18%
Purchase Details
Closed on
Feb 7, 2000
Sold by
Markham Richard Wayne and Markham Wayne R
Bought by
Markham Maureen F
Similar Homes in Palatine, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $520,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $267,500 | Professional National Title | |
| Interfamily Deed Transfer | -- | Professional National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $442,000 | New Conventional | |
| Previous Owner | $175,000 | Unknown | |
| Previous Owner | $175,000 | Unknown | |
| Previous Owner | $180,000 | Unknown | |
| Previous Owner | $205,000 | Unknown | |
| Previous Owner | $214,400 | Unknown | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $214,000 | No Value Available | |
| Closed | $25,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2024 09/24/24 | Sold | $520,000 | -1.8% | $240 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/15/2024 08/15/24 | For Sale | $529,500 | -- | $244 / 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 | $10,477 | $40,000 | $8,280 | $31,720 |
| 2023 | $10,477 | $40,000 | $8,280 | $31,720 |
| 2022 | $10,477 | $40,000 | $8,280 | $31,720 |
| 2021 | $8,091 | $28,244 | $5,175 | $23,069 |
| 2020 | $8,043 | $28,244 | $5,175 | $23,069 |
| 2019 | $8,067 | $31,558 | $5,175 | $26,383 |
| 2018 | $8,411 | $30,499 | $4,657 | $25,842 |
| 2017 | $8,270 | $30,499 | $4,657 | $25,842 |
| 2016 | $9,316 | $35,354 | $4,657 | $30,697 |
| 2015 | $8,822 | $31,335 | $4,140 | $27,195 |
| 2014 | $8,731 | $31,335 | $4,140 | $27,195 |
| 2013 | $8,490 | $31,335 | $4,140 | $27,195 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Xu
Seller's Agent in 2024
Susan Xu
The McDonald Group
(847) 345-2847
1 in this area
4 Total Sales
-
Anthony Erangey
Buyer's Agent in 2024
Anthony Erangey
Baird Warner
(309) 369-1616
1 in this area
199 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12138943
APN: 02-14-209-003-0000
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