NOT LISTED FOR SALE

863 E Carriage Ln Unit 5 Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $241,544

2 Beds
2 Baths
1,150 Sq Ft
23.66 Acres Lot

Sale Details

Date Sold: December 21, 2022

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

Est. 24% increase in value since last sale

Current estimated payment $2,090 / mo

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 priced at $241,544, approximately $210 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

23.66 Acres

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
  • Actual Status: Closed
  • 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
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • 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

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
46
Current Estimated Value
$241,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,544
Avg. Annual Appreciation
6.66%
Original Mortgage
$146,250
Outstanding Balance
$141,010
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$100,534

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

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $4,756 $22,543 $2,335 $20,208
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11658866

Midwest Real Estate Data (MRED)

APN: 02-01-100-015-1165

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