NOT LISTED FOR SALE

862 W Chase Ln Palatine, IL 60067

Estimated Value: $470,749 - $565,000

3 Beds
2.5 Baths
2,108 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $415,000 $197 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,884/month

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Stainless Steel Appliances
  • William Fremd High School Rated A+
  • Recreation Room
  • 2 Car Attached Garage

About This Home

As of April 2022

Gorgeous NEWER Construction Townhouse in Fremd district with beautiful finishes. This Spencer Model is the largest model in the Lexington Chase development with a private location tucked away from the main road with a tree line backyard view. Step into this open concept living space with dark hardwood flooring and iron rail staircase. Custom kitchen with 42 inch cabinets, SS Appliances and granite counter tops with large 9.5 ft. Island. Also includes built in bar area with wine fridge. Large Master bedroom with vaulted ceilings and large finished walk-in closet. Master en suite with double vanity and large shower. Two additional bedrooms and laundry also on 2nd floor for ultimate convenience. Lower level includes recreation room with newly installed laminate flooring. 2 car garage with Tesla charging station as well as storage room. Short Walk to Riemer Reservoir, and only a mile to downtown Palatine dining, entertainment and METRA train.

Last Agent to Sell the Property

Peter Deja

Cross County Realty Inc. License #475131065 Listed on: 03/11/2022

Last Buyer's Agent

Melissa Craig

Coldwell Banker Real Estate Group License #475153542

Coldwell Banker Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,615

Year Built

  • Built in 2017

Lot Details

  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $312 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,108 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 5 Units
  • Janel Santilli Association, Phone Number (847) 459-1222
  • Property managed by Foster Premier

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,615

Year Built

Built in 2017

Lot Details

0

HOA Fees

$312 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 2017
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2108
  • Room Type: Recreation Room, Storage
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 419000
  • Lot Features: Landscaped, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 312
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Janel Santilli
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 8615.1
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 18, 2022
Sold by
Strickland Kenneth and Strickland Paula
Bought by
Thornton Brendan and Thornton Jamie
Seller's Agent
Peter Deja
Cross County Realty Inc.
Buyer's Agent
Melissa Craig
Coldwell Banker Real Estate Group
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%
Total Days on Market
0
Current Estimated Value
$512,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,937
Avg. Annual Appreciation
5.62%

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 18, 2019
Sold by
Gorecki Matthew E
Bought by
Strickland Kenneth and Strickland Paula
Seller's Agent
Stephanie Andre-Ouellette
@properties Christie's International Real Estate
Buyer's Agent
Peter Deja
Cross County Realty Inc.
List Price
$394,500
Sold Price
$385,000
Premium/Discount to List
-$9,500
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$308,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Thornton Brendan $415,000 None Listed On Document
Strickland Kenneth $385,000 Advisors Title Network Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strickland Kenneth $304,500
Previous Owner Strickland Kenneth $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $415,000 -1.0% $197 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $419,000 +8.8% $199 / Sq Ft
07/22/2019 07/22/19 Sold $385,000 -1.2% $183 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $389,500 -1.3% $185 / Sq Ft
05/02/2019 05/02/19 For Sale $394,500 -- $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 $10,190 $39,000 $7,000 $32,000
2023 $10,190 $39,000 $7,000 $32,000
2022 $10,190 $39,000 $7,000 $32,000
2021 $8,672 $30,031 $1,285 $28,746
2020 $9,608 $30,031 $1,285 $28,746
2019 $8,608 $33,443 $1,285 $32,158
2018 $9,906 $35,311 $1,156 $34,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11345185

Midwest Real Estate Data (MRED)

APN: 02-16-412-080-0000