See Home Value
Cook 60067
347 Park Drive
$665,000
● House - Off Market

347 Park Drive

Palatine, IL 60067
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,515 Ft²
$4,164
Est. Monthly
$31
HOA / Fees
3.65%
Cap Rate

About This Property

Custom-built Mid-Century modern ranch with California vibes set up on a hilly, corner lot in park-light neighborhood that retains all of the beauty and more as it was originally designed 75 years ago by its visionary designer. This architecturally striking home features a stone and cypress facade, low-slung rooflines, and dramatic angles that showcase its 1950s Mid-Century flair. Floor-to-ceiling windows flood the interior with natural light and visually extend the living spaces into the scenic corner lot and natural landscape.  Inside, original finishes include stonework, slate flooring, custom cabinetry and warm tongue-and-groove wood paneling. The vaulted living room-with its stunning original wood ceiling-is ideal for entertaining or relaxing. Just off the living room, the open-concept, recently remodeled kitchen and separate dining room--also with the original wood ceiling-- overlook the extended patio through expansive floor to ceiling windows. A dramatic stone fireplace offers a warm, natural connection between the living and dining areas. A charming bar nook sits just off the kitchen-perfect for casual entertaining.  The private bedroom wing features three generous bedrooms with volume ceilings, bold architectural lines, and two beautifully renovated full baths.  Downstairs, the lower level exudes Mad Men vibes-you can practically imagine Don Draper crafting ad campaigns here. A spacious family room/office includes a natural brick fireplace, wet bar, and above-grade windows that fill the space with light. In addition, you'll find a 3rd full bathroom, laundry area and plenty of storage space.  The oversized heated garage includes two full bays plus an additional third bay with coated floors, windows, and a well-equipped workshop with built-in shelving and workbench.  Out back, a spacious coated concrete patio offers two distinct zones for dining and lounging-perfect for summer gatherings or quiet mornings.  Located in the heart of Palatine's highly sought-after Plum Grove Estates, this home overlooks one of the neighborhood's most scenic corners.  Appreciated for its century-old trees, tranquil ponds, and winding roads, Plum Grove Estates also offers a beautiful park and recreation space available for use by homeowners. Thanks to generations of thoughtful homeowners and a dedicated Homeowner's Association, Plum Grove Estates continues to embody the peaceful, park-like vision of its original developers.
Unit Size
2,515 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$268
Property Type
House
Property Taxes
$818
HOA Dues
$31
Year Built
1960

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,299
  • Total Building Area: 1,706
  • Gross Building Area: 1,706
  • Building Area: 1,706
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,706
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLUM GROVE ESTATES UNIT4
  • Land Acres: 0000000466
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (PLUM)(GROVE)ESTATES(UNIT4)SUB IN SECS 1&12-41-10 & S EC6-41-11 NOTE VAC OF CENTRAL RD INCL IN SUB & IN SH SEC 35-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804109

Geography

  • District: 29
  • Parcel: 02-35-311-008-0000
  • Lot: 73
  • Meridian: SEC 12 TWN 41N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.069
  • Longitude: -88.0331

    Address

  • Full Address: 347 Park Dr
  • Legal Unit: 4
  • Address - House Number: 347
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C007
  • 4-Digit Zip Code: 7757
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $942,451
  • Tax Rate Code Area: 29013

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 488,042
  • High Value: 599,481
  • Low Value: 376,602

    Market Valuation

  • Market Total Value: $400,010
  • Market Land Value: $111,650
  • Market Improvement Value: $288,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,001
  • Assessed Land Value: $11,165
  • Assessed Improvements Value: $28,836
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cook


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Nearby Rentals

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  • 2 Beds
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Frequently Asked Questions

When was property at 347 Park Drive built and last sold?
The property at 347 Park Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 347 Park Drive is $676,721.
What are some comparable homes to 347 Park Drive?
There are currently no comparable homes to 347 Park Drive.