$550,000
SOLD SEP 27, 2024
4 Beds
2.5 Baths
3,023 Sq Ft
10,193 Sq Ft Lot

Recently Sold

$182 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Landscaped Professionally
  • Palatine High School Rated A
  • Colonial Architecture
  • Community Lake

About This Home

As of September 2024

A perfect blend of luxury, comfort and style are found in this beautiful waterfront home in desirable Heatherstone! You will be charmed by the inviting covered front porch perfect for those quiet morning coffees. A grand two-story entry welcomes you with captivating sightlines to the serene lake just beyond. The open floor plan features spacious, sun-drenched rooms and hardwood floors running seamlessly throughout most of the main level. The formal living and dining rooms provide an elegant space for entertaining, while the private main-floor office offers a quiet retreat for work or study. The heart of the home is the chef's kitchen with granite counters, quality appliances and abundant cabinet and counter space making meal prep a delight. Enjoy picturesque water views from the breakfast room or step outside to the paver patio for al fresco dining. The inviting family room with its stone fireplace and expansive windows creates a warm and welcoming space to unwind. Upstairs, the large primary suite is a true retreat with luxe ensuite bath with soaking tub, walk-in closet with custom organizers and dressing area. Three spacious secondary bedrooms and a hall bath with double sinks offer plenty of space for family and guests. The finished lower level is sure to be a hit with all ages with large rec room, wet bar, wine closet and ample storage space. The rear yard is a tranquil oasis offering a peaceful backdrop to everyday life where you can relax on the patio and take in captivating lake views. Enjoy fishing or non-motorized boating on the 17-acre lake or and a 7-mile bicycle/walking path is just beyond. Ideally located near parks, top-rated school, shopping, dining and transportation corridors, this home is a rare find in a prime location.

Last Agent to Sell the Property

John Morrison

@properties Christie's International Real Estate License #471000101 Listed on: 08/14/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Matthew Mika

Compass License #471001481

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,556

Year Built

  • Built in 1989

Lot Details

  • 10,193 Sq Ft Lot
  • Lot Dimensions are 84x121
  • Home fronts a pond
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,023 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Lake Louise Elementary School
  • Winston Campus Middle School
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Water Softener is Owned

Community Details

  • Heatherstone Subdivision
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,556

Year Built

Built in 1989

Lot Details

0

HOA Fees

$42 per month

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: Heatherstone
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Humidifier
  • Basement: Finished, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1000
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3023
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Radon Mitigation System
  • Room Type: Breakfast Room, Recreation Room, Office, Foyer
  • Estimated Total Finished Sq Ft: 4023
  • Assessed Sq Ft: 2854
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3023
  • Basement Sq Ft: 1607
  • Fireplace Location: Family Room
  • Total Sq Ft: 4630
  • Unfinished Basement Sq Ft: 607
  • Upper Level Sq Ft: 1399
  • Main Level Sq Ft: 1624
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 565000
  • Lot Features: Wetlands, Landscaped
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • View: Water
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Community Features: Lake, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Lake Louise Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.234
  • Lot Dimensions: 84X121
  • 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: 11555.59
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Aug 30, 2024
Sold by
William P Schultz Trust and Mary Ellen Schultz Trust
Bought by
Chicago Title Land Trust
Seller's Agent
John Morrison
@properties Christie's International Real Estate
Buyer's Agent
Matthew Mika
Compass
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Views
33
Current Estimated Value
$603,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,156
Avg. Annual Appreciation
6.84%
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 Type Sale Price Title Company
Deed $550,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $550,000 -2.7% $182 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $565,000 -- $187 / 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 $11,556 $41,266 $8,160 $33,106
2023 $11,125 $45,000 $8,160 $36,840
2022 $11,125 $45,000 $8,160 $36,840
2021 $10,207 $37,422 $5,100 $32,322
2020 $10,186 $37,422 $5,100 $32,322
2019 $10,221 $41,813 $5,100 $36,713
2018 $11,177 $42,148 $4,590 $37,558
2017 $12,851 $42,148 $4,590 $37,558
2016 $10,737 $42,148 $4,590 $37,558
2015 $10,297 $38,011 $4,080 $33,931
2014 $10,200 $38,011 $4,080 $33,931
2013 $9,909 $38,011 $4,080 $33,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12126542

Midwest Real Estate Data (MRED)

APN: 02-13-213-003-0000