NOT LISTED FOR SALE

961 W Wood St Palatine, IL 60067

Estimated Value: $740,470 - $801,000

5 Beds
4 Baths
2,698 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $530,000 $196 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,167/month

17 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Main Floor Bedroom
  • William Fremd High School Rated A+
  • Wood Flooring
  • Home Office

About This Home

As of July 2019

Enjoy this one of a kind double lot and move in ready colonial. This inviting home welcomes you once you step foot into the large foyer. The floor to ceiling shelves for a library, give you plenty of options from this front living room. Open concept main level with new kitchen ('14), plus separate table space, welcomes you to the inviting family room with hardwood floors, fireplace and tons of windows offering plenty of natural light. Step out to huge deck with gazebo and endless views of lot, perfect for entertaining. Main level office and mud room with exterior access. Master suite with his/her closets and large master bath with separate tub and shower. Don't forget the full finished basement. You can enjoy the additional bedroom, potential exercise room, additional full bath and endless crawl space. Updates include: roof (2014), carpet (2014), A/C (2006), windows, hardwood floors (2014), driveway/walkway (2016). Close to downtown Palatine, Metra, and restaurants.

Last Agent to Sell the Property

Amy Diamond

@properties Christie?s International Real Estate License #475126552 Listed on: 04/02/2019

@properties Christie?s International Real Estate

Last Buyer's Agent

Joe Kruschel

HomeSmart Connect LLC License #475113472

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,117

Year Built

  • 1996

Lot Details

  • 0.44

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Fireplace With Gas Starter
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,117

Year Built

1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 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: 1996
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 12
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Office, Recreation Room, Exercise Room, Foyer
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X9, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 2 Name: Office, Dimensions: 15X11, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 3 Name: Recreation Rm, Dimensions: 19X12, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 4 Name: Exercise Rm, Dimensions: 14X10, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 5 Name: Foyer, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2698
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Deck
  • Acreage: 0.4496

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2698

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 83 X 234
  • Parcel Identification Number: 02164160270000

Tax Info

  • Taxes: 13920.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 28, 2019
Sold by
Haggett David G and Haggett Mary K S
Bought by
Wahls Michael J and Wahls Nicole M
Seller's Agent
Amy Diamond
@properties Christie?s International Real Estate
Buyer's Agent
Joe Kruschel
HomeSmart Connect LLC
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%
Current Estimated Value
$762,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,368
Avg. Annual Appreciation
5.91%
Original Mortgage
$424,000
Outstanding Balance
$372,825
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$389,543

Purchase Details

Closed on
Jul 29, 2005
Sold by
Mullaly David K and Mullaly Mardell L
Bought by
Haggett David G and Haggett Mary K S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 1995
Sold by
First Bank & Trust Company Of Illinois
Bought by
Mullaly David K and Mullaly Mardell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.75%
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
Wahls Michael J $530,000 Attorney
Haggett David G $625,000 Tti
Mullaly David K $326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahls Michael J $424,000
Previous Owner Haggett David G $359,650
Previous Owner Mullaly David K $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $530,000 -3.6% $196 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $549,900 -- $204 / 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 $14,117 $51,000 $23,500 $27,500
2023 $13,627 $51,000 $23,500 $27,500
2022 $13,627 $51,000 $23,500 $27,500
2021 $13,375 $44,512 $12,239 $32,273
2020 $13,248 $44,512 $12,239 $32,273
2019 $13,075 $49,022 $12,239 $36,783
2018 $13,491 $46,847 $11,260 $35,587
2017 $13,920 $49,032 $11,260 $37,772
2016 $14,813 $54,740 $11,260 $43,480
2015 $14,529 $49,909 $10,281 $39,628
2014 $10,320 $35,643 $10,281 $25,362
2013 $14,313 $51,025 $10,281 $40,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10279724

Midwest Real Estate Data (MRED)

APN: 02-16-416-027-0000