When was property at 562 East Carpenter Drive built and last sold?

The property at 562 East Carpenter Drive was built in 1968 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 562 East Carpenter Drive is $578,034.

What are some comparable homes to 562 East Carpenter Drive?

There are currently no comparable homes to 562 East Carpenter Drive.

Palatine

60074

562 E Carpenter Drive

Sold on Aug 10, 2026

Map

$580,000

● House - Off Market

562 E Carpenter Drive

Palatine, IL 60074

4 Beds

2 Baths, 1 Half Bath

2,090 Ft²

$3,497

Est. Monthly

About This Property

Beautiful Banbury Lane Colonial. This lovingly cared for home has everything you are looking for. The updated kitchen has maple cabinets and under cabinet lighting with a huge table area. The primary bedroom has an updated bathroom and large walk in closet. This home boasts a first floor laundry room and oversized two car garage. The separate dining room has plenty of room for entertaining. The cozy family room is adorned with a gas log fireplace. All the bedrooms have beautiful refinished hardwood floors and newer Marvin windows. The finished basement has plenty of storage, a dry bar, bar refrigerator, play area and office. You will love the professionally landscaped back yard with a substantial paver brick patio. Plus, this home has leaf filter gutter guards to make your home maintenance a breeze. Everyone will appreciate the location that is close to shopping entertainment and everything Palatine has to offer.

Unit Size

2,090 Ft²

Days on Market

Land Size

Price per sqft

$275

Property Type

House

Property Taxes

$673

HOA Dues

Year Built

1968

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Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1968

Effective Year Built: 1968
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 60
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,856

Lot Size Depth Feet: 1,280
Lot Size Frontage Feet: 770
Total Building Area: 2,090
Gross Building Area: 2,090
Building Area: 2,090
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 2,090
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BANBURY LANE
Land Acres: 0000000226
Standard Land Use Code: 1001
County Land Use Code: 2-78
Legal Description 1: (BANBURY) (LANE) A SUB IN SE SEC 11-42-10

Neighborhood

School District Name: Palatine Community Consolidated School District 15

Census Tract: 803605

Geography

District: 29

Parcel: 02-11-410-039-0000
Lot: 16
Meridian: SEC 11 TWN 42N RNG 10E
Municipality: PALATINE
Latitude: 42.1259
Longitude: -88.0292

Address

Full Address: 562 E Carpenter Dr

Address - House Number: 562
Street Direction: E
Address - Street Name: Carpenter
Address - Suffix Type: Dr
State: IL
City Name: Palatine
Carrier Code: C110
4-Digit Zip Code: 3706
Zip Code: 60074

Valuation

Tax

Tax Year: 2022

Tax Amount: $813,861
Tax Rate Code Area: 29007

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 438,382
High Value: 538,483
Low Value: 338,282

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $345,740

Market Land Value: $78,850
Market Improvement Value: $266,890

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $34,574
Assessed Land Value: $7,885
Assessed Improvements Value: $26,689

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Palatine

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

Average Home Size

1663 ft²

Average Home Age

44.2 years

Currently For Sale

116 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1 Renaissance Place, Palatine, IL, 60067

$2,100 /mo

1 Bed
1 Bath
800 ft²

1 Renaissance Place #1105, Palatine, IL, 60067 Listing by Saide Torres

Unit for rent at 21599 W Field Court, Deer Park, IL, 60010

$2,267 /mo

1 Bed
1 Bath
858 ft²

21599 W Field Court #10309, Deer Park, IL, 60010 Listing by Mauro Giannelli

Unit for rent at 207 N Wilke Road, Palatine, IL, 60074

$4,000 /mo

4 Beds
2 Baths
2,500 ft²

207 N Wilke Road, Palatine, IL, 60074 Listing by Sunil Gupta

Rentals Near You

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Listed by: Sandra Bobus, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12695398

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.