Seller's Agent in 2020
Amy Kite
Keller Williams Infinity
(224) 337-2788
2 in this area
1,074 Total Sales
824 W Gilbert Rd Palatine, IL 60067
Plum Grove Village NeighborhoodEstimated Value: $717,000 - $848,000
5
Beds
5
Baths
4,000
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Home Gym
- Hunting Ridge Elementary School Rated A
- Sun or Florida Room
- Sitting Room
About This Home
As of November 2020CHECK OUT OUR INTERACTIVE 3D TOUR! Country charm exudes in this expansive and open 5-bedroom, 4.1 bath 4000 sq ft home with large finished basement and .67 acre lush green lot with mature trees. Amazing private spaces throughout home allow for home schooling, office, private work space, and other opportunities for privacy and efficiency while practicing social distancing. Huge gourmet eat-in kitchen dining combo with massive breakfast bar, tons of storage, built ins, granite counters, and an exposed beam ceiling as you enter the family room with floor to ceiling stone fire place, hardwoods throughout, opening into a bright 4 season room. 1st floor bedroom with on suite full bath could be used as an in-law suite, and additional bedroom or office. And a home school/study room. Large master suite on the 2nd floor with open seating area and coffee/wet bar with under counter refrigerator, complete with on suite bathroom, double sinks, separate body sprays shower and bubble tub, 2 additional bedrooms, 2nd floor laundry, and full bath complete the second floor off an open loft landing. Finished lower level, bonus room, with a wet bar under-counter refrigerator, laundry, and loads of extra space. Two 75-gallon hot water heaters, and house is on a dual temperature control. Enjoy time outdoors relaxing on the back patio with coffee or wind down at night enjoying the serene open spaces. Move in ready in a fantastic location, walk to award winning schools and William Fremd High School, and an easy commuter 5 minutes from the Metra.
Last Agent to Sell the Property
Keller Williams Infinity License #475132989 Listed on: 06/19/2020
Last Buyer's Agent
Gloria Lowry
Century 21 Langos & Christian License #475141405
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,391
Year Built
- 1976
Lot Details
- 0.67
Parking
- Attached Garage
Home Design
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- Wet Bar
- Bar Fridge
- Gas Log Fireplace
- Sitting Room
- Sewing Room
- Sun or Florida Room
- Storage Room
- Home Gym
- Wood Flooring
- Storm Screens
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Oven or Range
- Bar Refrigerator
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub
- Shower Body Spray
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Patio
- Fenced Yard
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2020
Closed on
Nov 11, 2020
Sold by
Groenland Michael R and Groenland Desiree L
Bought by
Halvi Ananth Srivatsav and Havaldar Suchitra
Seller's Agent
Amy Kite
Keller Williams Infinity
Buyer's Agent
Gloria Lowry
Century 21 Langos & Christian
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
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
$258,237
Avg. Annual Appreciation
8.42%
Original Mortgage
$424,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2002
Sold by
Harris Trust & Svgs Bank
Bought by
Groenland Michael R and Groenland Desiree L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Halvi Ananth Srivatsav | $530,000 | Chicago Title Company | |
| Groenland Michael R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Halvi Ananth Srivatsav | $424,000 | |
| Previous Owner | Groenland Michael R | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2020 11/11/20 | Sold | $530,000 | -3.6% | $133 / Sq Ft |
| 09/20/2020 09/20/20 | Pending | -- | -- | -- |
| 08/28/2020 08/28/20 | Price Changed | $550,000 | -2.7% | $138 / Sq Ft |
| 08/04/2020 08/04/20 | Price Changed | $565,000 | -1.7% | $141 / Sq Ft |
| 06/19/2020 06/19/20 | For Sale | $575,000 | -- | $144 / 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 | $15,391 | $51,989 | $25,989 | $26,000 |
| 2023 | $14,890 | $51,989 | $25,989 | $26,000 |
| 2022 | $14,890 | $51,989 | $25,989 | $26,000 |
| 2021 | $14,089 | $43,382 | $18,500 | $24,882 |
| 2020 | $12,886 | $43,382 | $18,500 | $24,882 |
| 2019 | $12,810 | $48,096 | $18,500 | $29,596 |
| 2018 | $14,924 | $51,458 | $17,020 | $34,438 |
| 2017 | $14,660 | $51,458 | $17,020 | $34,438 |
| 2016 | $13,883 | $51,458 | $17,020 | $34,438 |
| 2015 | $12,629 | $43,726 | $15,540 | $28,186 |
| 2014 | $12,492 | $43,726 | $15,540 | $28,186 |
| 2013 | $12,155 | $43,726 | $15,540 | $28,186 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Kite
-
Paul Froiland
Seller Co-Listing Agent in 2020
Paul Froiland
Keller Williams ONEChicago
(630) 699-9655
1 in this area
260 Total Sales
-
G
Buyer's Agent in 2020
Gloria Lowry
Century 21 Langos & Christian
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10720468
APN: 02-21-404-003-0000
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