$518,200
- 4 Beds
- 2 Baths
- 1,862 sqft (on 0.33 acres)
242 E Timberlane Dr, Palatine, IL 60067
Est. Refi. Payment $3,714/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 21, 2024 for $442,000
Home Value
Trulia Estimate
$518KSince last month
Decreased$7K (-1.2%)Since last year
Increased$9K (+1.8%)Since last sale
Increased$74K (+16.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +71% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $516K |
| August 2026 | $523K |
| July 2026 | $524K |
| June 2026 | $528K |
| May 2026 | $537K |
| April 2026 | $531K |
| March 2026 | $524K |
| February 2026 | $505K |
| January 2026 | $512K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | $517,000 | 06/12/26 | 4 | 2.5 | 1,855 | |
0.15 | Single-Family Home | $446,000 | 07/14/26 | 4 | 2 | 1,682 | |
0.16 | Single-Family Home | $470,000 | 03/20/26 | 4 | 3 | 1,897 | |
0.20 | Single-Family Home | $533,000 | 06/05/26 | 4 | 2.5 | 1,700 | |
0.41 | Single-Family Home | $445,000 | 04/09/26 | 4 | 2 | 1,775 | |
0.18 | Single-Family Home | $580,000 | 07/28/26 | 4 | 2.5 | 1,897 | |
0.13 | Single-Family Home | $399,000 | 05/28/26 | 3 | 2 | 1,147 | |
0.17 | Single-Family Home | $445,000 | 09/29/25 | 3 | 2.5 | 1,969 | |
0.27 | Single-Family Home | $452,000 | 06/23/26 | 3 | 2 | 1,626 | |
0.21 | Single-Family Home | $440,000 | 06/23/26 | 3 | 2 | 1,326 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $517,000 | 4 | 2.5 | 1,855 | Recently Sold | |
0.06 | $500,900 | 4 | 2.5 | 2,047 | Off Market | |
0.06 | $428,400 | 4 | 2.5 | 2,008 | Off Market | |
0.06 | $439,500 | 4 | 2 | 1,800 | Off Market | |
0.08 | $531,800 | 4 | 2.5 | 1,232 | Off Market | |
0.07 | $498,200 | 3 | 2.5 | 2,124 | Off Market | |
0.07 | $658,800 | 5 | 3 | 3,056 | Off Market | |
0.11 | $490,100 | 4 | 2.5 | 2,384 | Off Market | |
0.10 | $549,000 | 3 | 2 | 2,328 | For Sale | |
0.13 | $464,900 | 4 | 2.5 | 1,385 | Off Market | |
0.13 | $399,000 | 3 | 2 | 1,147 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1970
0.33 acre lot
1,862 sqft
$278/sqft
2 Car Garage
About this House
What's unique:Master suiteBeautifully landscaped fenced yardBonus sunroomFamily roomNew recessed lightingFrench doors
Bright, charming and expanded ranch home with bonus sunroom looking out over a beautifully landscaped fenced yard. Walking distance to community park and pool. Heated and newly insulated 2+ car garage! The entry foyer provides a welcoming view to the french doors allowing additional light throughout the home. The combination living and dining room lead to a bright kitchen with updated countertops, sink, backsplash, microwave and refrigerator with french doors leading to the sunroom and patio. The family room combines with the kitchen to add to the openness of the floor plan. Master suite with new shower, custom closet and plantation shutters. New recessed lighting throughout. Exceptionally clean, move in ready! Items not included in the sale: garage refrigerator, garage freezer yard art, fig bush on the south side of the house
242 E Timberlane Dr, Palatine, IL 60067 is a 4 bedroom, 2 bathroom, 1,862 sqft single-family home built in 1970. It last sold for $442,000 on Oct 21, 2024 (3% below the $454,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $518,200, with a rent estimate of $3,574/month.
Last check for updates: about 12 hours ago
Listed by Tamara Verdin, (773) 805-5325
Prello Realty
Nayibe Garces, (773) 805-5325
Prello Realty
Bought with: John Garry, Keller Williams Premiere Properties
Source: MRED as distributed by MLS GRID, MLS#12119061

Home Details for 242 E Timberlane Dr
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MLS Status: Closed |
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Interior Details Basement: NoneNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Heated Sun Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1862 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, DisposalDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Gas & Electric Electric: Circuit Breakers |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability Access |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Patio, PorchFencing: FencedOther Structures: Shed(s)Foundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Brick Driveway,Garage Door Opener,Heated Garage,On Site,Garage Owned,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1970Year Renovated: 2019 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Vinyl Siding, BrickNot a New Construction |
Property Information Parcel Number: 02111050200000 |
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Price List Price: $454,000 |
Status Change & Dates Off Market Date: Wed Aug 28 2024Possession Timing: Close Of Escrow |
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Direction & Address City: PalatineCommunity: Heatherlea |
School Information Elementary School: Lincoln Elementary SchoolElementary School District: 15Jr High / Middle School District: 15High School: Palatine High SchoolHigh School District: 211 |
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Buyer Agent Buyer Company Name: John Garry Team |
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Community Features: Curbs, Sidewalks, Street Lights, Street Paved |
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HOA Fee Includes: None |
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Lot Area: 0.33 acres |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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Mls Number: 12119061Back On Market Date: Tue Aug 13 2024 |
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CurbsSidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 21, 2024 Source: MRED as distributed by MLS GRID #12119061 | Sold | $442,000 |
Aug 28, 2024 Source: MRED as distributed by MLS GRID #12119061 | Contingent | $454,000 |
Aug 13, 2024 Source: MRED as distributed by MLS GRID #12119061 | PendingToActive | $454,000 |
Aug 5, 2024 Source: MRED as distributed by MLS GRID #12119061 | Contingent | $454,000 |
Jul 23, 2024 Source: MRED as distributed by MLS GRID #12119061 | Listed For Sale | $454,000 |
Nov 10, 2016 Source: MRED as distributed by MLS GRID #09329057 | Sold | $310,000 |
Sep 12, 2016 Source: Agent Provided | Pending | $310,000 |
Aug 30, 2016 Source: Agent Provided | Listed For Sale | $310,000 |
May 3, 2007 Source: N/A | Sold | $370,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | Unavailable | $320,000 |
Home facts updated by county records
Market trends in Palatine
Last updated August 2026
Avg. sale price
$393K
$20.33KMoM
Sale-to-List Price
100.7%
Price per sq ft
$246
$0MoM
Available listings
197
23MoM
Around this home
What Locals Say about Palatine
At least 542 Trulia users voted on each feature.
91 % Say it's dog friendly
84 % Say car is needed
79 % Say parking is easy
78 % Say there are sidewalks
74 % Say there's holiday spirit
73 % Say kids play outside
68 % Say it's quiet
67 % Say people would walk alone at night
63 % Say there's wildlife
63 % Say streets are well-lit
61 % Say yards are well-kept
57 % Say it's walkable to restaurants
57 % Say it's walkable to grocery stores
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
Frequently asked questions about 242 E Timberlane Dr
- What is 242 E Timberlane Dr estimated to be worth?Trulia's estimated value for 242 E Timberlane Dr in Palatine, IL is $518,200.
- What is the price history for 242 E Timberlane Dr?242 E Timberlane Dr in Palatine, IL last sold for $442,000 in October 2024.
- Is Palatine a buyer's or seller's market?Palatine is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Palatine?The median sale price in Palatine is $393K. That is up $20.33K from the prior month.
- Does 242 E Timberlane Dr have air conditioning?Yes, 242 E Timberlane Dr in Palatine, IL has air conditioning.
- Does 242 E Timberlane Dr have laundry facilities?Yes, 242 E Timberlane Dr in Palatine, IL has in-unit laundry.

