NOT LISTED FOR SALE

863 W Wood St Palatine, IL 60067

Estimated Value: $660,000 - $689,000

4 Beds
2.5 Baths
2,110 Sq Ft
$320/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $441,000 $209 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,582/month

64 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Vaulted Ceiling
  • William Fremd High School Rated A+
  • Recreation Room
  • Wood Flooring

About This Home

As of December 2016

Absolutely Stunning, totally remodeled and updated executive style, colonial home! In the perfect location in Palatine and the top rated Fremd high school district and easy access to trains to Chicago! EVERYTHING HAS JUST BEEN FRESHLY DONE FOR YOU! Two story entry greets you with a beautifully redone staircase, first floor office w/ French doors, spacious living room with bay window, beautiful dining room with crown molding, large family room with vaulted ceilings and totally remodeled light and bright kitchen with granite counter tops and stainless steel appliances!!! All new hardwood flooring entire first floor, carpeting on second floor, lighting, cabinetry and painting throughout just finished for you this week! Lovely master suite, perfectly finished English basement with 5th bedroom, siding, roof and A/C replaced 10 years ago. Beautiful, tranquil, totally private, fenced back yard w/ enormous paver patio and lovely koi pond (seller will remove if wanted). Move in, ENJOY!

Last Agent to Sell the Property

Brenna Freskos

Berkshire Hathaway HomeServices Starck Real Estate License #471018799 Listed on: 09/15/2016

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

John Ross

Baird & Warner

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,648

Year Built

  • Built in 1993

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 95 x 115
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,110 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Shed

Schools

  • Stuart R Paddock Elementary School
  • Walter R Sundling Junior High Sc
  • Wm Fremd High School

Utilities

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

Community Details

  • Crescentwood Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,648

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: CRESCENTWOOD
  • Year Built: 1993
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • LivingArea: 2110
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Office, Bonus Room, Bedroom 5, Eating Area, Recreation Room, Storage
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Brick Paver Patio
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • 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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: STUART R PADDOCK SCHOOL
  • High School: WM FREMD HIGH SCHOOL
  • Middle/Junior School: WALTER R SUNDLING JUNIOR HIGH SC

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 95 X 115
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10648
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Dec 22, 2016
Sold by
Chiu Yuan Ching and Chiu Caili Yan
Bought by
Merly Thomas Tonny and Merly Thomas
Seller's Agent
Brenna Freskos
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
John Ross
Baird & Warner
List Price
$459,900
Sold Price
$441,000
Premium/Discount to List
-$18,900
-4.11%
Current Estimated Value
$674,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,145
Avg. Annual Appreciation
4.91%
Original Mortgage
$352,800
Outstanding Balance
$291,110
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$383,035

Purchase Details

Closed on
Mar 24, 1998
Sold by
Harris Bank Palatine
Bought by
Chiu Yuan Ching and Chiu Caili Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.27%

Purchase Details

Closed on
May 19, 1994
Sold by
Nbd Bank
Bought by
Suburban National Bank Of Palatine
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Merly Thomas Tonny $441,000 Attorneys Title Guaranty Fun
Chiu Yuan Ching $284,000 --
Suburban National Bank Of Palatine $244,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merly Thomas Tonny $352,800
Previous Owner Chiu Yuan Ching $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2016 12/22/16 Sold $441,000 -2.0% $209 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/12/2016 11/12/16 Price Changed $449,990 -2.2% $213 / Sq Ft
09/15/2016 09/15/16 For Sale $459,900 -- $218 / 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 $12,637 $46,000 $13,110 $32,890
2023 $12,195 $46,000 $13,110 $32,890
2022 $12,195 $46,000 $13,110 $32,890
2021 $10,946 $37,034 $6,828 $30,206
2020 $10,855 $37,034 $6,828 $30,206
2019 $11,868 $44,813 $6,828 $37,985
2018 $11,395 $40,104 $6,281 $33,823
2017 $11,198 $40,104 $6,281 $33,823
2016 $10,663 $40,104 $6,281 $33,823
2015 $10,648 $37,280 $5,735 $31,545
2014 $10,535 $37,280 $5,735 $31,545
2013 $11,392 $41,146 $5,735 $35,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09343508

Midwest Real Estate Data (MRED)

APN: 02-16-408-012-0000