914 Auburn Woods Drive, Palatine, Illinois 60067
$350,500
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,477 |
| Cost/Sqft: | $217 |
| Beds: | 2 |
| Baths: | 3 |
| Year Built: | 1989 |
| Property Taxes: | $8,592 |
| Days On Market: | 544 |
| Lot Size: | 0,00 |
Description
This investment opportunity sounds promising with its appealing features and location. Here's a breakdown of what makes it attractive: Desirable Features: The Burgundy model end unit boasts desirable features such as newer carpeting, stainless kitchen appliances, granite kitchen counters, and a gas log fireplace. These features enhance the property's appeal and potentially increase its value. Bright and Sunny: A bright and sunny interior is always a plus for attracting tenants or buyers. Natural light can make a space feel more inviting and spacious. Functional Layout: The two-story eating area in the kitchen and vaulted ceilings in the living room contribute to the property's functional layout, making it more comfortable and practical for residents. Master Suite: The master suite offers amenities like a double sink vanity, whirlpool, skylight, and volume ceiling, which add luxury and comfort to the living space. Attached Garage: The attached 2-car garage adds convenience and value to the property, providing secure parking and additional storage space. Recent Updates: The newer HVAC system installed in 2022 is a significant selling point, as it indicates that essential maintenance and updates have been performed, reducing immediate expenses for the buyer. Convenient Location: Its proximity to shopping, recreation, and transportation amenities enhances its appeal to potential tenants or buyers, making it a convenient place to live. Investment Potential: With instant cash flow and a fantastic location, this property presents a promising investment opportunity. The features and amenities offered make it attractive to renters or homebuyers, potentially ensuring a steady stream of income or a profitable resale in the future. Homestead Exemption: While the taxes don't currently reflect a homestead exemption, this could potentially benefit the buyer, providing them with tax savings if they intend to use the property as their primary residence. As-Is Sale: While the property is being sold as-is, the absence of known defects is reassuring. However, buyers should conduct thorough inspections to ensure there are no hidden issues. Overall, this investment opportunity appears to offer a blend of desirable features, convenience, and potential for profit, making it worth serious consideration.
Property Specifics
| Condos/Townhomes | |
| 2 | |
| — | |
| 1989 | |
| — | |
| BURGUNDY | |
| No | |
| — |
| Cook | |
| Auburn Woods | |
| 380 / Monthly | |
| — | |
| — | |
| — | |
| 12009114 | |
| 02103070960000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Gray M Sanborn Elementary School |
15 | — | |
|
Middle School
Walter R Sundling Middle School |
15 | Not in DB | |
|
High School
Palatine High School |
211 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Sep, 2016 | Under contract | $0 | MRED MLS |
| 14 Sep, 2016 | Listed for sale | $0 | MRED MLS |
| 10 Aug, 2018 | Under contract | $0 | MRED MLS |
| 1 Aug, 2018 | Listed for sale | $0 | MRED MLS |
| 21 Oct, 2020 | Under contract | $0 | MRED MLS |
| 3 Oct, 2020 | Listed for sale | $0 | MRED MLS |
| 8 Jul, 2024 | Sold | $350,500 | MRED MLS |
| 18 Jun, 2024 | Under contract | $320,000 | MRED MLS |
| 12 Jun, 2024 | Listed for sale | $320,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: None
Other Specifics
| 2 | |
| — | |
| Asphalt | |
| — | |
| — | |
| 5546 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $8,592 |
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