NOT LISTED FOR SALE

Estimated Value: $494,000 - $517,811

3 Beds
2.5 Baths
1,775 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $407,500 $230 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,651/month

2 Days on Market

Highlights

  • Open Floorplan
  • Mature Trees
  • Property is near a park
  • Palatine High School Rated A
  • Community Lake
  • 3-minute walk to Cherrywood Park

About This Home

As of August 2021

*** HIGHEST + BEST DUE SAT 6/19 AT 7PM *** CLEAN, BEAUTIFUL, AND CUSTOM UPDATED HOME IN POPULAR RESEDA WEST, OFFERING ONE OF THE LARGEST AND PRIVATE YARDS IN THE NEIGHBORHOOD. 3 BEDROOMS 2.1 BATHS + OFFICE AND REC ROOM 2 CAR GARAGE AND LOTS OF SPACE TO ENTERTAIN. ENJOY BRAZILIAN MAPLE FLOORS THROUGHOUT THE FIRST LEVEL. CUSTOM BAY WINDOW IN THE LIVING ROOM, LEADING INTO THE FORMAL DINING ROOM, ALL IN DESIGNER PAINT, CROWN MOLDING, AND NEWER FIXTURES. ALL WINDOWS UPGRADED W/PELLA ANDERSEN WINDOWS. BRIGHT CUSTOM HICKORY W/CHERRY STAIN KITCHEN, AMISH MADE, KITCHEN W/LOTS OF COUNTER SPACE (CORIAN COUNTERS) UPGRADED APPLIANCES, A SKYLIGHT YOU CAN OPEN, AND TABLE SPACE. THE KITCHEN IS FLOWS INTO THE FAMILY ROOM W/BAR LIKE AN EXTRA COUNTER OFFERING MORE STORAGE AND A PLACE TO SIT. FAMILY ROOM A CLASSIC STONE WOOD-BURNING FIREPLACE OVERLOOKING THE YARD. HUGE MASTER BEDROOM W/UPDATED FULL BATH, WALK-IN SHOWER, CUSTOM GLASS, NEW VANITY, AND BATH FIXTURES. 2 MORE BEDROOMS WITH W/HARDWOOD FLOORS AND LOTS OF SPACE. HALL BATH UPGRADED W/HIGHER COUNTERS, CROWN AND TRIM, ANOTHER SKYLIGHT, AND BATHROOM FIXTURES. LARGE LOWER-LEVEL REC ROOM + OFFICE SPACE IS GREAT TO HANG OUT, WORK OR PLAY. LOTS OF STORAGE. FURNACE 2011 / AIR CONDITIONING 2013 / SUMP+BACK-UP. A REALLY NICE YARD W/GAZEBO (AS-IS) SURROUNDED BY PRIVACY AND QUAINT SPACE. SMALL WOODEN SHED AND ENTRY TO THE GARAGE TOO. HOME IN WALKING DISTANCE TO ALL 3 SCHOOLS, HAMILTON PARK, SURROUNDED BY TRAILS AND JUST A BLOCK AWAY FROM THE RESERVOIR. MINUTES TO DOWNTOWN PALATINE, METRA STATIONS, MARIANOS, STARBUCKS AND SO MUCH MORE. THE LOCATION IS FANTASTIC.

Last Agent to Sell the Property

Mario Bilotas

Four Daughters Real Estate License #471016608 Listed on: 06/16/2021

Last Buyer's Agent

Jonathan Siegle

HomeSmart Connect LLC License #475150992

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,478

Year Built

  • Built in 1970 | Remodeled in 2005

Lot Details

  • 0.25 Acre Lot
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

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

Home Design

  • Split Level with Sub
  • Tri-Level Property

Interior Spaces

  • 1,775 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Basement Storage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Gazebo
  • Shed

Location

  • Property is near a park

Schools

  • Lincoln Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

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

Community Details

  • Reseda West Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,478

Year Built

Built in 1970 | Remodeled in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Subdivision Name: RESEDA WEST
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Appliances: Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Cooktop, Built-In Oven, Wall Oven
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 509
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Walk-In Closet(s), Open Floorplan, Some Carpeting, Some Window Treatmnt
  • LivingArea: 1775
  • Other Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, CO Detectors, Sump Pump, Backup Sump Pump;
  • Room Type: Office, Recreation Room, Foyer, Utility Room-Lower Level, Storage
  • Estimated Total Finished Sq Ft: 2284
  • Assessed Sq Ft: 1345
  • Basement Description: Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1775
  • Basement Sq Ft: 509
  • Fireplace Location: Family Room
  • Total Sq Ft: 2284
  • Upper Level Sq Ft: 1775
  • Window Features: Bay Window(s),Skylight(s)

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 389900
  • Lot Features: Mature Trees
  • OtherStructures: Gazebo, Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(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: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.251
  • Lot Dimensions: 10948
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 7478.44
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 23, 2021
Sold by
Humphrey Laura and Hofelt Laura
Bought by
Noens Michael and Siegle Katherine
Seller's Agent
Mario Bilotas
Four Daughters Real Estate
Buyer's Agent
Jonathan Siegle
HomeSmart Connect LLC
List Price
$389,900
Sold Price
$407,500
Premium/Discount to List
$17,600
4.51%
Current Estimated Value
$501,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,203
Avg. Annual Appreciation
5.45%
Original Mortgage
$326,000
Outstanding Balance
$300,015
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$205,110

Purchase Details

Closed on
Oct 19, 2012
Sold by
Hofelt Thomas G
Bought by
Hofelt Laura

Purchase Details

Closed on
Sep 30, 1993
Sold by
Zale Donald B and Zale Glee A
Bought by
Hofelt Thomas G and Hofelt Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.05%
Source: Public Records

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
Noens Michael $407,500 Old Republic Title
Hofelt Laura -- None Available
Hofelt Thomas G $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noens Michael $326,000
Previous Owner Hofelt Laura $100,000
Previous Owner Hofelt Laura $172,500
Previous Owner Hofelt Thomas G $150,000
Previous Owner Hofelt Thomas G $106,500
Previous Owner Hofelt Thomas G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $407,500 +4.5% $230 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $389,900 -- $220 / 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 $11,250 $38,000 $8,758 $29,242
2023 $10,883 $38,000 $8,758 $29,242
2022 $10,883 $38,000 $8,758 $29,242
2021 $7,495 $26,407 $5,474 $20,933
2020 $7,456 $26,407 $5,474 $20,933
2019 $7,478 $29,506 $5,474 $24,032
2018 $6,913 $25,679 $4,926 $20,753
2017 $6,800 $25,679 $4,926 $20,753
2016 $6,573 $25,679 $4,926 $20,753
2015 $7,047 $25,560 $4,379 $21,181
2014 $6,978 $25,560 $4,379 $21,181
2013 $6,782 $25,560 $4,379 $21,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11125674

Midwest Real Estate Data (MRED)

APN: 02-11-307-012-0000