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Palatine 60067
722 N Stephen Drive
$485,000
● House - For Sale

722 N Stephen Drive

Palatine, IL 60067
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,054 Ft²
$2,922
Est. Monthly

About This Property

Beautiful all-brick ranch offering a thoughtfully updated interior, a full finished basement, and a spacious professionally landscaped backyard. The main level features three bedrooms, a modern kitchen with newer appliances and light fixtures, and a beautifully updated full bathroom. The finished basement provides excellent additional living space with a large fourth bedroom, a modern full bathroom, recreation area, spacious laundry room, walk-in closet, and abundant storage. Both bathrooms feature upgraded finishes, including towel warmers, while additional features include a full-body spray shower and heated bathroom flooring. Extensive improvements completed between 2020 and 2023 include a new roof with reinforced 1-inch plywood decking, energy-efficient HVAC system, tankless gas water heater, updated whole-house plumbing, replaced PVC sewer line, new Low-E UV-protection windows, insulated garage door, two exterior doors, and washer and dryer. A multilayer drainage system approximately 4 feet deep was also installed around the home and connected to the village sewer system. The professionally landscaped backyard features a variety of perennial plantings, a large stone patio completed in 2023, and a 6' x 8' storage shed. Conveniently located near the Metra station, shopping, schools, and other everyday amenities. A well-maintained home offering extensive updates, generous storage, and flexible living space both inside and out.
Unit Size
1,054 Ft²
Days on Market
-
Land Size
10,062.00 acres
Price per sqft
$460
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1962

Listed By

Volodymyr Yakubiv
Core Realty & Investments, Inc

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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Concrete, Garage, Attached, Yes
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
Rooms: 7
Basement: Finished, Full
Exterior Details
Square Footage: 1054
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1960
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Size Area: 438300720
Lot Size Units: Square Feet
Lot Size Acres: 10062
Lot Size Square Feet: 438300720
Lot Size Dimensions: 45X133
Water Source: Public, Lake Michigan
Financial Details
Tax Annual Amount: $6,475
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,062
  • Total Building Area: 1,054
  • Gross Building Area: 1,054
  • Building Area: 1,054
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,054
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOANS GARDENS
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (JOANS) (GARDENS) SUB OF PT OF WH NW SEC 15-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803701

Geography

  • District: 29
  • Parcel: 02-15-103-006-0000
  • Lot: 6
  • Meridian: SEC 15 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1234
  • Longitude: -88.0606

    Address

  • Full Address: 722 N Stephen Dr
  • Address - House Number: 722
  • Street Direction: N
  • Address - Street Name: Stephen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C060
  • 4-Digit Zip Code: 2336
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $589,386
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 313,683
  • High Value: 385,638
  • Low Value: 241,729

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $60,370
  • Market Improvement Value: $179,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $6,037
  • Assessed Improvements Value: $17,963

    Sales

  • Current Sale Contract Date: Jun 14, 2006
  • Current Sale Recording Date: Jun 22, 2006
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0617333110
  • Previous Sale Recording Date: Feb 22, 2001
  • Previous Sale Contract Date: Jan 23, 2001
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Palatine


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Frequently Asked Questions

When was property at 722 North Stephen Drive built and last sold?
The property at 722 North Stephen Drive was built in 1962 and last sold on Jun 14, 2006 for $300,500.
How much is this home worth?
The estimated value of the home located at 722 North Stephen Drive is $479,615.
What are some comparable homes to 722 North Stephen Drive?
There are currently no comparable homes to 722 North Stephen Drive.