new - 7 hours on rocket

340 E Forest Knoll Dr, Palatine, IL, 60074

$338,000

Home List Price

$4,014*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,704 SqFt
$198/SqFt
Townhouse

Location

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340 E Forest Knoll Dr, Palatine$338,000

Buyer Closing Credits

$4,014*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Attached Garage1 space
Year Built1982
HeatingNatural Gas
CoolingCentral Air
BasementYes
FireplaceWood Burning, Attached Fireplace Doors/Screen, Includes Accessories
MLS #12259737
StatusActive
(New)

About 340 E Forest Knoll Dr

This spacious end unit townhome give you that single family feel with your private entrance. Neutral decor and open concept makes this home perfect for the largest family. The living room is complete with a fireplace and overlooks the private deck in the rear. The elegant crown moldings adds a nice finishing touch. The eat in kitchen has maple cabinets, a stunning back-splash, solid surface counter tops and has a breakfast that opens to the large dining area. The three bedrooms are on the second level with ample closet space. The primary suite has a closet to die for, and a wonderful walk-in hallway closet is amazing and excellent storage. Both baths have been beautifully updated. Don't miss the fabulous, finished basement which offers so much great space including a rec room and a wet bar and separate office or game room, recessed lighting, has a multitude of uses. Ample outdoor space with large deck. Excellent for entertaining or enjoying that morning cup of coffee! The one car garage has an extended driveway for additional parking spaces. New roof 2015. Great location, near expressways, shopping, walking and bike paths.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 2
  • Living Area: 1,704 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (630) 469-7000
  • Listing Agent: Cris Sallmen

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal
  • Basement: Yes
  • Interior: Bar-Wet, Hardwood Floors, Storage
  • Fireplace: Wood Burning, Attached Fireplace Doors/Screen, Includes Accessories

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Rand Rd to N Hicks Rd to E Forest Knoll Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $338,000
  • Price Per SqFt: $198/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,516
  • Tax Year: 2019
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Housing Market Comparison

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

Med. Sold Price

$334.5K

Med. Price/SqFt

$216

Avg. Days On Market

23

# of Sold Homes

65

340 E Forest Knoll Dr vs Palatine

1 DAY ON ROCKET

-22 Days

$338,000

+$3.4K More

$198/SqFt

-$19 Less

KEY TAKEAWAY

This property is $3.4K more than the Median Sold Price and $19/SqFt less than other homes in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12259737

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (630) 469-7000
  • Listing Agent: Cris Sallmen

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:46:00 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

Nov 27, 2020Home Sold
$244,000
Aug 15, 2018Home Sold
$233,500
Dec 07, 2006Home Sold
$256,000

Tax History

YEARPROP. TAXASSESSMENT
2019$6,516$22,722
2018$5,140$19,978
2017$5,062$19,978

History based on county public records data.

Payment Calculator

$2,004

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,080

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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-836978
3
/10
  • Lincoln Elementary School

  • 1021 N Ridgewood Ln

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-836979
4
/10
  • Virginia Lake Elementary School

  • 925 N Glenn Dr

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-836980
5
/10
  • Jane Addams Elementary School

  • 1020 E Sayles Dr

  • 1.70 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,541. Most Palatine, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palatine, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palatine, IL?

The housing landscape in Palatine is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Architectural styles range from classic mid-century designs to contemporary constructions, with a significant portion of homes built in the latter half of the 20th century. The area has a healthy homeownership rate, with a substantial percentage of residents owning their homes, while the remainder of the population resides in rental properties.

Is Palatine, IL a good place to live?

Palatine prides itself on a community-centric atmosphere, where local events and festivals play a pivotal role in bringing residents together. The area is celebrated for its well-maintained parks and recreational facilities, which contribute to the town's family-friendly character. Seasonal events and community gatherings are a testament to the town's vibrant cultural identity and strong sense of togetherness.

Are things conveniently located in Palatine, IL?

Residents of Palatine benefit from a robust selection of essential services. The educational landscape includes a number of public and private schools, offering a range of options for families. Healthcare is well-supported by local clinics and hospitals that provide a variety of services from routine care to specialized treatments. The community also enjoys access to public libraries and a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services to meet the evolving needs of the population.

What does the transportation in Palatine, IL look like?

Transportation in Palatine features a combination of public transit options and well-connected roadways that facilitate easy commuting and travel within the area. The community is served by a network of buses, with schedules designed to accommodate the needs of residents. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area. The town also emphasizes walkability in certain districts, with ongoing efforts to enhance pedestrian and bicycle infrastructure for a more sustainable and accessible environment.

Frequently Asked Questions About 340 E Forest Knoll Dr

What is the listing price of this property?

The listing price of 340 E Forest Knoll Dr property is $338,000.

What type of property is this?

The property 340 E Forest Knoll Dr is a townhouse located in Palatine, Illinois, 60074.

Is this property for sale now?

Active Listing: 340 E Forest Knoll Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $6,516 (source: MLS/based on county public records data).

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

The last sale was on November 27, 2020 for $244,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 340 E Forest Knoll Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 340 E Forest Knoll Dr is 1,704 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 E Forest Knoll Dr is 1982.

Rocket HomesIllinoisCook CountyPalatine60074340 E Forest Knoll Dr

This home is located at 340 E Forest Knoll Dr in Palatine, IL and zip code 60074. This 1,704 square foot home was built in 1982. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $338,000.

Palatine, IL housing market in November 2024 saw over 16 listings sold above listed price, more than 13 sold at listed price and over 36 sold below. Between October 2024 and November 2024, Palatine, IL real estate market has seen decrease in the number of listings by 10.6%. While the average time on the market in November 2024 was 23 days, the median list price was $334,571.

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

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