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Backup Offers

227 E Farmgate Ln, Palatine, IL, 60067

$475,000

Home List Price

$5,641*

Closing Credit

4 Bedrooms
2 Full Baths
1,731 SqFt
$274/SqFt
House

Location

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227 E Farmgate Ln, Palatine$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1970
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceWood Burning, Attached Fireplace Doors/Screen, Gas Starter
MLS #12190747
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Contingent)

About 227 E Farmgate Ln

Start your next chapter here! You will fall in love with this beautiful 4-bedroom, 2 bath, over 1700 sf, ranch home in the Heatherlea neighborhood in Palatine. OPEN FLOOR PLAN with lots of natural light throughout! Step into the family room with bay window and open layout to the beautiful kitchen with custom cabinets, quartz countertops, ss appliances, large island with breakfast bar, separate eat-in area and recessed lighting. Opens to the dining area with wood-burning fireplace with gas starter and perfect for entertaining. Four bedrooms including a primary bedroom with en-suite. Three additional bedrooms with full hall bath.Laundry room w/ utility sink and storage. Beautifully landscaped yard with mature trees. Backyard patio is perfect for summer bbq's. RECENT UPDATES INCLUDE: new kitchen cabinets, bathroom cabinets, insulated garage with heater, new garage door & opener, garage storage shelves, window blinds, carpet in bedrooms, refrigerator, roof, gutters and downspouts, attic fan, electrical panel, bedroom ceiling fans, pressure assist toilet, and 13 Arborvitae's planted in yard. Great location close to downtown Palatine, shopping, restaurants, multiple parks, District 15 schools, library, bike trail and transportation. Don't Miss Out!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1970
  • Living Area: 1,731 SqFt

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (217) 960-8605
  • Listing Agent: Stefanie Ridolfo

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: No
  • Interior: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Open Floorplan
  • Fireplace: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Storms/Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped, Near Park, Trees
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: DUNDEE RD TO HICKS SOUTH TO FARMGATE WEST

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $274/SqFt

Tax Information:

  • Annual Amount: $8,206
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Palatine, IL.

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Palatine, IL

City

Med. Sold Price

$334.4K

Med. Price/SqFt

$216

Avg. Days On Market

19

# of Sold Homes

82

227 E Farmgate Ln vs Palatine

30 DAYS ON ROCKET

+11 Days

$475,000

+$140.5K More

$274/SqFt

+$58 More

KEY TAKEAWAY

This property is $140.5K more than the Median Sold Price and $58/SqFt more than other homes in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12190747

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (217) 960-8605
  • Listing Agent: Stefanie Ridolfo

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2021Home Sold
$335,000
Jan 19, 2018Home Sold
$279,000
Aug 25, 2010Home Sold
$258,000
Dec 27, 1999Home Sold
$185,500

Tax History

YEARPROP. TAXASSESSMENT
2019$8,206$28,613
2018$8,739$31,557
2017$8,592$31,557

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-345356
3
/10

  • Lincoln Elementary School

  • 1021 N Ridgewood Ln

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-345357
4
/10

  • Virginia Lake Elementary School

  • 925 N Glenn Dr

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-345358
5
/10

  • Jane Addams Elementary School

  • 1020 E Sayles Dr

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,947. The most common annual income of people living in Palatine, IL is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 227 E Farmgate Ln

What is the listing price of this property?

The listing price of 227 E Farmgate Ln property is $475,000.

What type of property is this?

The property 227 E Farmgate Ln is a house located in Palatine, Illinois, 60067.

Is this property for sale now?

Accepting Backup Offers: 227 E Farmgate Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $8,206 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 3, 2021 for $335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 227 E Farmgate Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 227 E Farmgate Ln is 1,731 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 227 E Farmgate Ln is 1970.

Rocket Homes›Illinois›Cook County›Palatine›60067›227 E Farmgate Ln

This home is located at 227 E Farmgate Ln in Palatine, IL and zip code 60067 in the Pepper Tree Farms neighborhood. This 1,731 square foot home, which was built in 1970, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $475,000.

Palatine, IL housing market in October 2024 saw over 20 listings sold above listed price, more than 18 sold at listed price and over 44 sold below. In October 2024 in Palatine, IL there were 14.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 19 days, the median list price was $334,428.

From Rocket Homes Real Estate and based on county public records data.

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