NOT LISTED FOR SALE

1123 E Potomac Ln Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $234,000 - $286,042

3 Beds
3 Baths
1,458 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 1123 E Potomac Ln, Palatine, IL 60074 and is currently estimated at $259,761, approximately $178 per square foot. 1123 E Potomac Ln 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
Feb 26, 2025
Sold by
Ahmed Syed M and Ahmed Aiysha
Bought by
Mohammed Khwaja Moinuddin
Current Estimated Value
$259,761

Purchase Details

Closed on
Dec 5, 2001
Sold by
Thompson Annette J
Bought by
Ahmed Syed M and Ahmed Aiysha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 20, 1997
Sold by
Dodge Cherilyn J
Bought by
Thompson Annette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,517
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1996
Sold by
Jeronimides Panayotis and Jeronimides Ernestina
Bought by
Dodge Cherilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
8.37%

Purchase Details

Closed on
Dec 6, 1994
Sold by
Bank Of Homewood
Bought by
Dodge Cherilyn J

Purchase Details

Closed on
Jun 10, 1994
Sold by
Sodetz Steven J
Bought by
Bank Of Homewood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
8.38%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Hud
Bought by
Sodetz Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
8.38%

Purchase Details

Closed on
Sep 22, 1993
Sold by
Intercounty Judicial Sales Corp
Bought by
Hud
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mohammed Khwaja Moinuddin $232,500 None Listed On Document
Ahmed Syed M $163,000 --
Thompson Annette J $100,000 --
Dodge Cherilyn J $179,000 1St American Title
Dodge Cherilyn J $114,000 --
Bank Of Homewood -- --
Sodetz Steven J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahmed Syed M $119,000
Previous Owner Ahmed Syed M $133,690
Previous Owner Ahmed Syed M $100,000
Previous Owner Ahmed Syed M $130,000
Previous Owner Thompson Annette J $100,000
Previous Owner Thompson Annette J $25,000
Previous Owner Thompson Annette J $20,111
Previous Owner Thompson Annette J $101,483
Previous Owner Thompson Annette J $98,517
Previous Owner Dodge Cherilyn J $182,400
Previous Owner Bank Of Homewood $69,200
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $3,965 $20,000 $3,500 $16,500
2023 $3,965 $20,000 $3,500 $16,500
2022 $3,965 $20,000 $3,500 $16,500
2021 $3,379 $16,400 $826 $15,574
2020 $3,460 $16,400 $826 $15,574
2019 $3,485 $18,324 $826 $17,498
2018 $3,902 $18,739 $743 $17,996
2017 $4,684 $18,739 $743 $17,996
2016 $4,605 $18,739 $743 $17,996
2015 $4,115 $16,015 $661 $15,354
2014 $4,081 $16,015 $661 $15,354
2013 $3,959 $16,015 $661 $15,354
Source: Public Records

Map

Illinois Cook County Palatine 60074 Virginia Lake

1123 E Potomac Ln, Palatine, IL

This home is located at 1123 E Potomac Ln, Palatine, IL 60074 and is currently estimated at $259,761, approximately $178 per square foot. 1123 E Potomac Ln is a home located in Cook County with nearby schools including Jane Addams Elementary School, Palatine High School, and St Thomas Of Villanova School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes