NOT LISTED FOR SALE

Estimated Value: $447,000 - $483,415

4 Beds
2 Baths
1,682 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $410,000 $244 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,120/month

3 Days on Market

Highlights

  • Property is near a park
  • Ranch Style House
  • Cul-De-Sac
  • Palatine High School Rated A
  • L-Shaped Dining Room
  • 2 Car Attached Garage

About This Home

As of February 2024

Spacious ranch home on quiet cul-de-sac! Three spacious bedrooms plus den with wet bar that could be a bedroom. 2 full baths, 2 car garage, open feeling. Luxury built-ins in family room, six-panel doors, custom leaded glass front door, bay window in living room. Huge private partially-fenced yard with large paver brick patio. Many updates thru-out including newer roof, gutters, siding, patio, slider to yard and windows. Lovingly maintained.

Last Agent to Sell the Property

Sue Gould

Berkshire Hathaway HomeServices Starck Real Estate License #471006015 Listed on: 01/19/2024

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Jason Stallard

Royal Family Real Estate License #475176887

Royal Family Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,115

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 45 x 115 x 165 x 180
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,682 Sq Ft Home
  • Wet Bar
  • Double Pane Windows
  • Blinds
  • Bay Window
  • Entrance Foyer
  • L-Shaped Dining Room
  • Unfinished Attic
  • Carbon Monoxide Detectors
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Property is near a park

Community Details

  • Heatherlea Subdivision, Heathcliff Floorplan

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,115

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Heatherlea
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Bar-Wet, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1682
  • Other Equipment: CO Detectors
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 1682
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 1682
  • Total Sq Ft: 1682
  • Attic: Unfinished
  • Main Level Sq Ft: 1682
  • Door Features: Storm Door(s),6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: Bay Window(s),Blinds,Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 395000
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, 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

  • Lot Dimensions: 45 X 115 X 165 X 180
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7115.03
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 13, 2024
Sold by
Donald R Olson Trust
Bought by
Lambert Henry L and Lambert Marion D
Seller's Agent
Sue Gould
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jason Stallard
Royal Family Real Estate
List Price
$395,000
Sold Price
$410,000
Premium/Discount to List
$15,000
3.8%
Views
116
Current Estimated Value
$460,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,104
Avg. Annual Appreciation
8.57%
Original Mortgage
$190,000
Outstanding Balance
$187,207
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$277,373

Purchase Details

Closed on
Oct 16, 1995
Sold by
Olson Donald R
Bought by
Olson Donald R and Donald R Olson Trust
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
Lambert Henry L $410,000 None Listed On Document
Olson Donald R -- --
Olson Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Henry L $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $410,000 +3.8% $244 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $395,000 -- $235 / 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 $7,411 $31,000 $10,374 $20,626
2023 $7,115 $31,000 $10,374 $20,626
2022 $7,115 $31,000 $10,374 $20,626
2021 $6,181 $25,026 $6,484 $18,542
2020 $6,220 $25,026 $6,484 $18,542
2019 $6,249 $27,962 $6,484 $21,478
2018 $7,498 $30,310 $5,835 $24,475
2017 $7,389 $30,310 $5,835 $24,475
2016 $7,380 $30,310 $5,835 $24,475
2015 $6,655 $26,156 $5,187 $20,969
2014 $6,602 $26,156 $5,187 $20,969
2013 $6,403 $26,156 $5,187 $20,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961853

Midwest Real Estate Data (MRED)

APN: 02-11-314-027-0000