B
Seller's Agent in 2020
Barbara Kerlin
The McDonald Group
Estimated Value: $601,000 - $614,000
4
Beds
4
Baths
2,500
Sq Ft
$243/Sq Ft
Est. Value
Highlights
- Lake Front
- Colonial Architecture
- Recreation Room
- Palatine High School Rated A
- Deck
- 3-minute walk to Sycamore Park
About This Home
As of October 2020GENEROUS PRICE REDUCTION! Beautifully maintained & updated colonial on sought after Virginia Lake where lots on the lake add approximate $100,000+ premium to the price of your home. One of the cleanest, clearest and deepest private lakes in our area. The lake is filled by natural springs. Enjoy swimming, boating, fishing (lrg & sm mouth bass, trout, walleye, catfish, etc.) and an active social life with Regattas, Fishing Contests, Formal Dinner Dances with live entertainment. Large home is impeccably cared for with recent updates: Master bath with Carrera marble double size shower with seamless glass doors, bench & upscale accessories. A sliding door opens to deck overlooking the lake. Hall bath also updated with Carrera marble and new accessories. Former 5 BR, the wall between two bedrooms was removed to make one huge bedroom with a deck overlooking the lake and a balcony overlooking the FL Rm. Room has 2 separate entry doors & separate closets. If you replace the wall, it will return to a 5 bedroom. Two other tastefully decorated bedrooms complete the second floor. The two story Florida Room has two brand new electronic skylights and windows on three sides overlooking the lake. There is an oversized French door leading to the dining room and spacious living room. Leaded glass entry door opens to large white tile which flows into the custom Cherry wood kitchen with matching hood and a custom leaded glass cabinet door that matches the custom made light fixture. Most appliances are under 5 yr. old. Open concept family room has HGTV type feature wall of custom tongue & groove wood in various widths. A stacked stone fireplace with gas logs is opposite a huge window that overlooks the lake. Full basement has an outside entrance for swimmers to access full bath. It also includes a Rec Room, Exercise Room, Huge Utility Room, Shelved storage room. Most mechanicals, furnace, A/C, Sump Pump with backup,etc have all been replace within the past 1-5 yr. The house has a Reverse Osmosis drinking water system. Don't miss this one! Note: One time $400 Initiation Fee.
Last Agent to Sell the Property
Barbara Kerlin
HomeSmart Connect LLC License #475147040 Listed on: 08/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,756
Year Built | Renovated
- 1971 | 2018
Lot Details
- Lake Front
- East or West Exposure
HOA Fees
- $21 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Cedar
Interior Spaces
- Dry Bar
- Vaulted Ceiling
- Skylights
- Attached Fireplace Door
- Gas Log Fireplace
- Workroom
- Recreation Room
- Heated Sun or Florida Room
- Home Gym
- Water Views
- Storm Screens
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Oven
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Double Shower
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Rights
- Lake Michigan Water
- Water Purifier is Owned
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
- $5,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2020
Closed on
Nov 1, 2020
Sold by
Mccarthy Joseph M and Joseph M Mccarthy Revocable Tr
Bought by
Steenberg Nolan H and Steenberg Natalie G
Seller's Agent
Barbara Kerlin
HomeSmart Connect LLC
Buyer's Agent
Marlo Messner
HomeSmart Connect LLC
List Price
$525,000
Sold Price
$455,000
Premium/Discount to List
-$70,000
-13.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,754
Avg. Annual Appreciation
6.00%
Original Mortgage
$415,000
Interest Rate
2.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Mccarthy Joseph M and Mccarthy Jeannine D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steenberg Nolan H | $455,000 | Affinity Title | |
| Mccarthy Joseph M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Steenberg Nolan H | $415,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $455,000 | -1.0% | $182 / Sq Ft |
| 10/03/2020 10/03/20 | Pending | -- | -- | -- |
| 09/29/2020 09/29/20 | Price Changed | $459,500 | -5.3% | $184 / Sq Ft |
| 09/12/2020 09/12/20 | Price Changed | $485,000 | -3.0% | $194 / Sq Ft |
| 08/30/2020 08/30/20 | Price Changed | $499,900 | -1.0% | $200 / Sq Ft |
| 08/21/2020 08/21/20 | Price Changed | $505,000 | -3.8% | $202 / Sq Ft |
| 08/12/2020 08/12/20 | For Sale | $525,000 | -- | $210 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,756 | $39,647 | $6,168 | $33,479 |
| 2023 | $11,170 | $42,421 | $6,168 | $36,253 |
| 2022 | $11,170 | $42,421 | $6,168 | $36,253 |
| 2021 | $9,733 | $33,299 | $5,711 | $27,588 |
| 2020 | $3,812 | $33,299 | $5,711 | $27,588 |
| 2019 | $3,777 | $37,206 | $5,711 | $31,495 |
| 2018 | $4,100 | $39,598 | $5,254 | $34,344 |
| 2017 | $3,952 | $39,598 | $5,254 | $34,344 |
| 2016 | $4,491 | $39,598 | $5,254 | $34,344 |
| 2015 | $5,113 | $30,033 | $4,797 | $25,236 |
| 2014 | $4,945 | $32,908 | $4,797 | $28,111 |
| 2013 | $4,933 | $32,908 | $4,797 | $28,111 |
Source: Public Records
Agents Affiliated with this Home
-
-
Marlo Messner
Buyer's Agent in 2020
Marlo Messner
The McDonald Group
(847) 454-2832
1 in this area
74 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10800399
APN: 02-12-310-010-0000
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