1042 E Pratt Dr Palatine, IL 60074
Winston Park NeighborhoodEstimated Value: $449,000 - $521,000
4
Beds
3
Baths
1,951
Sq Ft
$246/Sq Ft
Est. Value
About This Home
This home is located at 1042 E Pratt Dr, Palatine, IL 60074 and is currently estimated at $479,259, approximately $245 per square foot. 1042 E Pratt Dr is a home located in Cook County with nearby schools including Jane Addams Elementary School, Palatine High School, and St Thomas Of Villanova School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2019
Sold by
Magnusson Anders K and Magnusson Christine
Bought by
Magnusson Anders K and Magnusson Christine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,800
Outstanding Balance
$181,747
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$297,512
Purchase Details
Closed on
Sep 15, 2006
Sold by
Kim Won Sik and Kim Hye Sook
Bought by
Magnusson Karl G Anders and Magnusson Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
6.58%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 18, 2001
Sold by
Reckamp Raymond H and Reckamp Carolyn C
Bought by
Kim Won Sik and Kim Sye Sook
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Magnusson Anders K | -- | None Available | |
| Magnusson Karl G Anders | $331,000 | Multiple | |
| Kim Won Sik | $239,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Magnusson Anders K | $206,800 | |
| Closed | Magnusson Karl G Anders | $264,800 | |
| Previous Owner | Kim Won Sik | $190,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,196 | $42,000 | $7,973 | $34,027 |
| 2024 | $8,196 | $31,000 | $6,714 | $24,286 |
| 2023 | $7,899 | $31,000 | $6,714 | $24,286 |
| 2022 | $7,899 | $31,000 | $6,714 | $24,286 |
| 2021 | $7,363 | $26,002 | $4,196 | $21,806 |
| 2020 | $7,326 | $26,002 | $4,196 | $21,806 |
| 2019 | $7,349 | $29,053 | $4,196 | $24,857 |
| 2018 | $7,844 | $28,677 | $3,776 | $24,901 |
| 2017 | $7,714 | $28,677 | $3,776 | $24,901 |
| 2016 | $7,423 | $28,677 | $3,776 | $24,901 |
| 2015 | $6,995 | $25,389 | $3,357 | $22,032 |
| 2014 | $6,926 | $25,389 | $3,357 | $22,032 |
| 2013 | $6,731 | $25,389 | $3,357 | $22,032 |
Source: Public Records
Map
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