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Palatine 60074
1541 E Lake Louise Drive
$349,000 - $425,000
House - In Contract

1541 E Lake Louise Drive

Palatine, IL 60074
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1778 Sqft
Sold Dec 15, 1993
$208,000
$165,943 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2032

About This Property

The sellers wish they could take their home with them.  Situated in a friendly neighborhood, just a short walk to the elementary school.  Upon entering, you'll immediately appreciate the layout which offers a delightful blend of comfort and convenience, perfect for both entertaining and relaxation.  The soft bright sunlight shines through the large living windows.  You'll love the roomy eat in kitchen making it the perfect spot for enjoying morning coffee or preparing meals. The separation of living and private spaces with three bedrooms upstairs, including the primary bedroom with its own full bath and a walk-in-shower.  The spacious family room features a brick floor to ceiling wood burning fireplace. ideal for cozy gatherings or quiet evenings in.  And the covered patio extending the living space outdoors is a wonderful touch, providing a space for a BBQ or simply unwinding, regardless of the weather.  The nice-size fenced yard with is southern exposure is perfect for outdoor activities, whether it's hosting gatherings, gardening, or just enjoying the sunshine.  Additional space awaits in the basement, ideal for a home office, gym, or recreation area.  Direct access from the 2-car attached garage ensures convenience, and protection from the elements, while the home's location offers easy access to downtown Palatine, Rt 53, shopping, dining, public transportation, and parks.  Highest/Best due by Fri 4/19 @ 5 PM.

The manager has listed the unit size as 1778 square feet.
Unit Size
1,778Ft²
Days on Market
-
Land Size
-
Price per sqft
$218
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1971
Listed By

Price History

Date / Event Date Event Price
Apr 22, 2024 In contract -
In contract
Apr 16, 2024 Listed $387,000
Listed

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick and Wood
Wood Siding

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,778
  • Gross Building Area: 1,778
  • Building Area: 1,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,778
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE LOUISE UNIT1
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (LAKE) (LOUISE) (UNIT1) SUB IN NE SEC 13-42-10

Ownership

  • Current Owner : CABRERA EMILIO
  • Current Owner 2: CABRERA ARGENTINA
  • Previous Owner : SHERIDAN KEVIN D
  • Previous Owner 2: WOODS DONNA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803607

Geography

  • District: 29
  • Parcel: 02-13-212-003-0000
  • Lot: 3
  • Meridian: SEC 13 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1176
  • Longitude: -88.0055

    Address

  • Full Address: 1541 E Lake Louise Dr
  • Legal Unit: 1
  • Address - House Number: 1541
  • Street Direction: E
  • Address - Street Name: Lake Louise
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C084
  • 4-Digit Zip Code: 4117
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,791
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 447,806
  • High Value: 550,058
  • Low Value: 345,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,943
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 19, 2012
  • First Open Lien Mortgage Loan Amount: $165,943
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $80,000
  • Market Improvement Value: $260,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $26,000

    Sales

  • Current Sale Contract Date: Dec 03, 1993
  • Current Sale Recording Date: Dec 15, 1993
  • Current Sale Transaction ID: 1083358179
  • Current Sale Price: $208,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 03025640

    Last Sale Mortgage

  • First Mortgage Lender: WESTAMERICA MTG
  • First Mortgage Transaction Date: Dec 15, 1993
  • First Mortgage Loan Amount: $166,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,397 ft²
$268/ft²
$375,000 Mar 15, 2024
-
$545/mo
House
3 Beds
2 Baths
2,000 ft²
$200/ft²
$399,000 Apr 14, 2024
-
$716/mo
House
4 Beds
2.5 Baths
1,911 ft²
$209/ft²
$399,900 Mar 22, 2024
-
$577/mo
House
4 Beds
1.5 Baths
1,248 ft²
$341/ft²
$425,000 Apr 3, 2024
-
$682/mo
Townhouse
4 Beds
3.5 Baths
1,982 ft²
$212/ft²
$420,000 Apr 7, 2024
-
$1,015/mo

About Palatine


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Nearby Rentals

Unit for rent at 1426 E Olive Street, Palatine, IL, 60074

$2,650 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1426 E Olive Street, Palatine, IL, 60074 Listing by Romulus Olariu


Frequently Asked Questions

When was property at 1541 East Lake Louise Drive built and last sold?
The property at 1541 East Lake Louise Drive was built in 1971 and last sold on Dec 3, 1993 for $208,000.
How much is this home worth?
The estimated value of the home located at 1541 East Lake Louise Drive is $392,870.
What are some comparable homes to 1541 East Lake Louise Drive?
Homes that are comparable to 1541 East Lake Louise Drive include a house property at 1218 East Sayles Drive, 1921 North Verde Drive, 226 North Wilke Road.

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