NOT LISTED FOR SALE

863 E Carriage Ln Unit 5 Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $241,000 - $260,000

2 Beds
2 Baths
1,150 Sq Ft
$413/mo HOA Fee

Last Sold December 21, 2022

Last sale price $195,000 $170 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,130/month

7 Days on Market

Highlights

  • Lock-and-Leave Community
  • Granite Countertops
  • 1 Car Attached Garage
  • Palatine High School Rated A
  • Cul-De-Sac
  • Soaking Tub

About This Home

As of December 2022

This home is located at 863 E Carriage Ln Unit 5, Palatine, IL 60074 since 12 November 2022 and is currently estimated at $250,000, approximately $217 per square foot. This property was built in 1981. 863 E Carriage Ln Unit 5 is a home located in Cook County with nearby schools including Lake Louise Elementary School, Palatine High School, and Bright Horizons At Motorola-Arlington Hts.

Last Agent to Sell the Property

Heather Owino

Keller Williams Success Realty License #475164853 Listed on: 11/12/2022

Keller Williams Success Realty

Last Buyer's Agent

Aquelah Allen

Keller Williams Success Realty License #475203190

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1981 | Remodeled in 2019

Lot Details

  • 23.66

HOA Fees

  • $413 Monthly HOA Fees

Parking

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

Home Design

  • Villa
  • Asphalt Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Lake Louise Elementary School
  • Winston Campus-Junior High
  • Palatine High School

Utilities

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

Additional Features

  • Patio
  • Cul-De-Sac

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Roxanne Association, Phone Number (847) 459-1222
  • Kingsbrooke Subdivision
  • Property managed by Foster Premier
  • Lock-and-Leave Community

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,578

Year Built

Built in 1981 | Remodeled in 2019

Lot Details

0

HOA Fees

$413 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Manor Home/Coach House/Villa
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Manor Home/Coach House/Villa
  • Subdivision Name: Kingsbrooke
  • Year Built: 1981
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2019
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Laundry, Walk-In Closet(s), Granite Counters
  • LivingArea: 1150
  • Other Equipment: Intercom, CO Detectors, Water Heater-Gas
  • Room Type: Eating Area, Walk In Closet
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 189900
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • 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
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 413
  • Association Amenities: Park, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: RoxAnne
  • Management Phone: 847-459-1222X3385
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2577.82
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Dec 14, 2022
Sold by
Iwan Heather D and Iwan Donald O
Bought by
Tripp Benjamin
Seller's Agent
Heather Owino
Keller Williams Success Realty
Buyer's Agent
Aquelah Allen
Keller Williams Success Realty
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%
Views
53
Current Estimated Value
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,000
Avg. Annual Appreciation
8.01%
Original Mortgage
$146,250
Outstanding Balance
$142,264
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$98,970

Purchase Details

Closed on
Apr 26, 2002
Sold by
Schoen Markus
Bought by
Iwan Heather D and Owino Donald O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,200
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2001
Sold by
Eichon Randall P
Bought by
Schoen Markus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
6.6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tripp Benjamin $195,000 None Listed On Document
Iwan Heather D $142,500 Golden Title
Schoen Markus $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tripp Benjamin $146,250
Previous Owner Iwan Heather D $138,200
Previous Owner Schoen Markus $94,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $195,000 +2.7% $170 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/12/2022 11/12/22 For Sale $189,900 -- $165 / 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 $4,756 $16,067 $2,024 $14,043
2023 $3,621 $16,067 $2,024 $14,043
2022 $3,621 $16,067 $2,024 $14,043
2021 $2,543 $11,160 $1,712 $9,448
2020 $2,578 $11,160 $1,712 $9,448
2019 $2,603 $12,505 $1,712 $10,793
2018 $2,070 $10,096 $1,556 $8,540
2017 $2,049 $10,096 $1,556 $8,540
2016 $2,155 $10,096 $1,556 $8,540
2015 $1,637 $7,952 $1,400 $6,552
2014 $1,634 $7,952 $1,400 $6,552
2013 $1,574 $7,952 $1,400 $6,552
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11658866

Midwest Real Estate Data (MRED)

APN: 02-01-100-015-1165