NOT LISTED FOR SALE

881 W Willow St Palatine, IL 60067

Estimated Value: $864,000 - $973,000

4 Beds
4 Baths
3,995 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $585,000 $146 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,123/month

57 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Home Office
  • William Fremd High School Rated A+
  • Whirlpool Bathtub
  • Walk-In Pantry

About This Home

As of May 2016

CUSTOM 2-STORY EXECUTIVE HOME W/ 4000 SQFT OF UPGRADED ELEGANCE. 9 FT CEILINGS, 2-STORY LV & FM, CHEF'S KITCHEN W/ SS APPl, GRANITE, BREAKFAST BAR ISLAND, 1ST FL OFFICE, 1ST FL LNDRY RM, LRG MBR W/ BATHRM & WIC, PRINCESS SUITE W/ PRIVATE BATH & WIC, PELLA WNDWS, PRIVATE FENCED YRD W/ PAVER PATIO, BASEMENT READY FOR FINISHING W/ ROUGHED IN PLUMBING & 9FT CEILINGS, FREMD HS, CLOSE TO TRAIN & SHOPPING, GREAT LOCATION.

Last Agent to Sell the Property

Caryn Chibucos

Town Realty, LLC License #471003969 Listed on: 02/11/2016

Last Buyer's Agent

Marilyn Krumin

Baird & Warner License #471004995

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,781

Year Built

  • 2001

Lot Details

  • 9,583

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Dining Area
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Brick Porch or Patio
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,781

Year Built

2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 13X19, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Starter
  • Attic: Finished, Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Bathroom Rough-In
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X6, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Eating Area, Foyer, Office
  • Master Bedroom: Dimensions: 17X21, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Eating Area, Dimensions: 10X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Office, Dimensions: 12X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Foyer, Dimensions: 9X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 3995
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X20, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio
  • Exposure: N (North)
  • Acreage: 0.2201

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 77X123
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 02164130260000

Tax Info

  • Taxes: 16756.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Kamdar Kashyap and Kamdar Meghna
Bought by
Mnnk Kamdar Trust
Current Estimated Value
$902,771

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 24, 2016
Sold by
Oland Paul A and Escalona Yolanda R
Bought by
Kamdar Meghna and Kamdar Kashyap
Seller's Agent
Caryn Chibucos
Town Realty, LLC
Buyer's Agent
Marilyn Krumin
Baird & Warner
List Price
$619,900
Sold Price
$585,000
Premium/Discount to List
-$34,900
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$468,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2001
Sold by
Cosmopolitan Bank & Trust
Bought by
Oland Paul A and Escalona Yolanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
7.07%
Source: Public Records

Range of Values:

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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
Mnnk Kamdar Trust -- None Listed On Document
Kamdar Meghna $585,000 First American Title
Oland Paul A $628,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kamdar Meghna $468,000
Previous Owner Oland Paul A $499,500
Closed Oland Paul A $65,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $585,000 -2.5% $146 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/21/2016 03/21/16 Price Changed $599,999 -0.8% $150 / Sq Ft
03/03/2016 03/03/16 Price Changed $605,000 -2.4% $151 / Sq Ft
02/11/2016 02/11/16 For Sale $619,900 -- $155 / 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 $16,781 $55,968 $11,506 $44,462
2023 $16,204 $60,000 $11,506 $48,494
2022 $16,204 $60,000 $11,506 $48,494
2021 $13,937 $46,242 $5,992 $40,250
2020 $13,801 $46,242 $5,992 $40,250
2019 $15,940 $59,009 $5,992 $53,017
2018 $17,113 $58,502 $5,513 $52,989
2017 $17,837 $58,502 $5,513 $52,989
2016 $19,664 $71,847 $5,513 $66,334
2015 $15,642 $53,532 $5,033 $48,499
2014 $17,537 $57,778 $5,033 $52,745
2013 $17,088 $57,778 $5,033 $52,745
Source: Public Records

Agents Affiliated with this Home

  • Caryn Chibucos

    Seller's Agent in 2016

    Caryn Chibucos

    Town Realty, LLC

    (708) 602-0581

    28 Total Sales

    Caryn Chibucos
    Section Image

  • M

    Buyer's Agent in 2016

    Marilyn Krumin

    Baird Warner

    1 in this area

    2 Total Sales

    Marilyn Krumin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09137212

Midwest Real Estate Data (MRED)

APN: 02-16-413-026-0000

Illinois Cook County Palatine 60067

881 W Willow St, Palatine, IL

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