NOT LISTED FOR SALE

732 N Franklin Ave Unit 109 Palatine, IL 60067

Baldwin Neighborhood

Estimated Value: $478,000 - $502,000

3 Beds
3 Baths
2,200 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $320,000 $145 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,721/month

67 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Vaulted Ceiling
  • Palatine High School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of October 2019

Beautiful 3 bedroom townhome on a cul-de-sac in a maintenance-free community! Located a near-downtown Palatine and the Metra Station. This lovely home is move-in ready and features an open concept with volume ceilings. New carpet has been installed on the upper level, fresh paint, plus all hardwood floors on the main level. The island kitchen has all new stainless steel appliances, granite counters, and a breakfast area. The spacious living room has a gas start fireplace and opens to the deck with mature trees. The dining area on the main level can also be used as an office. The large master bedroom suite has vaulted ceilings and a private bath with a separate shower, soaking tub, double sink, and custom walk-in closet. The convenient laundry room is located on the 2nd level and includes a laundry tub. The lower level is a finished English/Lookout basement with windows along the back wall. This is a great area for a family room/ recreation room! There is also a large storage area.

Last Agent to Sell the Property

Cathy Barker

Coldwell Banker Realty License #475090571 Listed on: 07/04/2019

Coldwell Banker Realty

Last Buyer's Agent

Ward Schell

Compass License #475173717

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,973

Year Built

  • 2001

Lot Details

  • Cul-De-Sac
  • Mature Trees

HOA Fees

  • $320 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stucco Exterior Insulation and Finish Systems
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Dining Area
  • Recreation Room
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Window Egress

Kitchen

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $500 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,973

Year Built

2001

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Square Footage Comments: Square footage does not include finished English/ Lookout basement.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 9
  • Living Room: Dimensions: 27X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room
  • Basement: Finished, Egress Window
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X9, On Level: 2nd Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Recreation Room, Eating Area
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Recreation Rm, Dimensions: 15X14, On Level: Lower, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Eating Area, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 2200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 32X16, On Level: Lower, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, EIFS (e.g. Dryvit).
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens

Garage/Parking

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

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Lawn Care, Snow Removal
  • Assessed Sq Ft: 2200
  • Assessment Association Fees: 320
  • Management Contact Name: Manager
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: Associa Chicagoland

Schools

  • School District: 211
  • Elementary School: Gray M Sanborn Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 100 X 28
  • Lot Description: Cul-de-sac, Mature Trees
  • Parcel Identification Number: 02162040530000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 8494.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Oct 22, 2019
Sold by
Zhang Xiaoyi
Bought by
Schell Karen
Seller's Agent
Cathy Barker
Coldwell Banker Realty
Buyer's Agent
Ward Schell
Compass
List Price
$340,000
Sold Price
$320,000
Premium/Discount to List
-$20,000
-5.88%
Current Estimated Value
$486,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,774
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Aug 4, 2012
Sold by
Lin Zhang Xiaoyi and Lin Mu
Bought by
Zhang Xiaoyi

Purchase Details

Closed on
Jul 15, 2003
Sold by
Kepp Kenneth R and Kepp Sharon
Bought by
Lin Zhang Xiaoyi and Lin Mu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 14, 2000
Sold by
America United Bank & Trust Company
Bought by
Kepp Kenneth R and Kepp Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

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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
Schell Karen $320,000 Chicago Title
Zhang Xiaoyi -- None Available
Lin Zhang Xiaoyi $362,000 Cti
Kepp Kenneth R $321,500 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Xiaoyi $196,000
Previous Owner Zhang Xiaoyi $206,000
Previous Owner Zhang Xiaoyi Sharon $280,000
Previous Owner Lin Zhang Xiaoyi $289,000
Previous Owner Kepp Kenneth R $257,000
Closed Kepp Kenneth R $64,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $320,000 -3.0% $145 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/08/2019 09/08/19 Price Changed $330,000 -1.5% $150 / Sq Ft
08/21/2019 08/21/19 Price Changed $335,000 -2.9% $152 / Sq Ft
08/21/2019 08/21/19 Price Changed $345,000 +3.0% $157 / Sq Ft
08/20/2019 08/20/19 Price Changed $335,000 -1.5% $152 / Sq Ft
07/04/2019 07/04/19 For Sale $340,000 -- $155 / 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 $9,973 $36,752 $6,501 $30,251
2023 $9,618 $37,000 $6,500 $30,500
2022 $9,618 $37,000 $6,500 $30,500
2021 $8,356 $29,060 $6,135 $22,925
2020 $9,297 $29,060 $6,135 $22,925
2019 $8,297 $32,361 $6,135 $26,226
2018 $8,494 $30,769 $5,522 $25,247
2017 $8,352 $30,769 $5,522 $25,247
2016 $8,016 $30,769 $5,522 $25,247
2015 $10,252 $35,989 $5,044 $30,945
2014 $10,144 $35,989 $5,044 $30,945
2013 $9,866 $35,989 $5,044 $30,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10439782

Midwest Real Estate Data (MRED)

APN: 02-16-204-053-0000