1050 W Illinois Ave Palatine, IL 60067
Plum Grove Village NeighborhoodEstimated Value: $690,000 - $730,000
7
Beds
4
Baths
2,980
Sq Ft
$240/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Main Floor Bedroom
- Fenced Yard
- Hunting Ridge Elementary School Rated A
- Walk-In Pantry
- 3-minute walk to Mallard Park
About This Home
As of February 2014PRICED TO SELL!!! This home offers an In-Law apartment with separate entrance, LR, 2 bedrooms, bath, kitchenette in a Desirable neighborhood! Hunting Ridge Belmont Model-Great extended family home! Open foyer, huge living room, eat in kitchen, oversized bedrooms. 1st Floor 5th bedroom or office. Full basement. Needs some serious updating but great home! Do not miss this opportunity!! AS-IS -
Last Agent to Sell the Property
Kimberley Thompsen
Century 21 1st Class Homes License #471001550 Listed on: 10/07/2013
Last Buyer's Agent
zkaleita Kaleita
Century 21 1st Class Homes License #475135736
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,843
Year Built
- 1970
Lot Details
- Southern Exposure
- Fenced Yard
Parking
- Attached Garage
- Driveway
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Rolled Roof
Interior Spaces
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Entrance Foyer
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Second Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2017
Sold by
Newsom Dana and Glickestern Yvette J
Bought by
Cherian Clement and Cherian Anita T
Total Days on Market
37
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
$380,000
Outstanding Balance
$321,378
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$398,746
Purchase Details
Listed on
Oct 7, 2013
Closed on
Feb 6, 2014
Sold by
Kleeman Jeffery J
Bought by
Newsom Dana and Glickstern Yvette J
Seller's Agent
Kimberley Thompsen
Century 21 1st Class Homes
Buyer's Agent
zkaleita Kaleita
Century 21 1st Class Homes
List Price
$409,000
Sold Price
$380,000
Premium/Discount to List
-$29,000
-7.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$220,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 19, 2004
Sold by
Kleeman Jack W
Bought by
Kleeman Jack W and Jack W Kleeman Declaration Of Trust
Similar Homes in Palatine, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherian Clement | $475,000 | First American Title | |
| Newsom Dana | $380,000 | Attorneys Title Guaranty Fun | |
| Kleeman Jack W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cherian Clement | $380,000 | |
| Previous Owner | Newsom Dana | $220,000 | |
| Previous Owner | Kleeman Jack | $228,000 | |
| Previous Owner | Kleeman Jack W | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2014 02/06/14 | Sold | $380,000 | -7.1% | $128 / Sq Ft |
| 11/13/2013 11/13/13 | Pending | -- | -- | -- |
| 10/07/2013 10/07/13 | For Sale | $409,000 | -- | $137 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2024 | $12,843 | $51,000 | $11,102 | $39,898 |
| 2023 | $12,843 | $51,000 | $11,102 | $39,898 |
| 2022 | $12,843 | $51,000 | $11,102 | $39,898 |
| 2021 | $11,421 | $41,161 | $7,401 | $33,760 |
| 2020 | $11,382 | $41,161 | $7,401 | $33,760 |
| 2019 | $11,317 | $45,634 | $7,401 | $38,233 |
| 2018 | $14,731 | $47,401 | $6,784 | $40,617 |
| 2017 | $14,452 | $47,401 | $6,784 | $40,617 |
| 2016 | $13,440 | $47,401 | $6,784 | $40,617 |
| 2015 | $13,146 | $42,786 | $6,168 | $36,618 |
| 2014 | $12,986 | $42,786 | $6,168 | $36,618 |
| 2013 | $13,196 | $44,619 | $6,168 | $38,451 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2014
Kimberley Thompsen
Century 21 1st Class Homes
-
Buyer's Agent in 2014
zkaleita Kaleita
Century 21 1st Class Homes
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08462080
APN: 02-21-408-032-0000
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