NOT LISTED FOR SALE

1124 E Potomac Ln Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $284,000 - $291,000

3 Beds
3 Baths
1,458 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 1124 E Potomac Ln, Palatine, IL 60074 and is currently estimated at $286,855, approximately $196 per square foot. 1124 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2024
Sold by
Bought by
Current Estimated Value
$286,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$204,866
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$81,989

Purchase Details

Closed on
Nov 14, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,393
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,393
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
8.17%

Purchase Details

Closed on
Aug 11, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.43%

Purchase Details

Closed on
Aug 12, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 Altima Title
$260,000 Altima Title
$165,000 Fidelity National Title
$193,000 None Available
$204,500 Pntn
$126,000 --
-- --
-- --
$118,000 --
$100,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $208,000
Closed $208,000
Previous Owner $65,000
Previous Owner $173,000
Previous Owner $163,600
Previous Owner $122,393
Previous Owner $113,500
Previous Owner $112,000
Previous Owner $88,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,921 $25,000 $3,310 $21,690
2024 $5,921 $20,000 $3,500 $16,500
2023 $5,728 $20,000 $3,500 $16,500
2022 $5,728 $20,000 $3,500 $16,500
2021 $5,326 $16,400 $827 $15,573
2020 $5,247 $16,400 $827 $15,573
2019 $5,255 $18,324 $827 $17,497
2018 $5,823 $18,739 $744 $17,995
2017 $5,713 $18,739 $744 $17,995
2016 $4,605 $18,739 $744 $17,995
2015 $4,240 $16,423 $662 $15,761
2014 $4,205 $16,423 $662 $15,761
2013 $4,080 $16,423 $662 $15,761
Source: Public Records

Map

Illinois Cook County Palatine 60074 Virginia Lake

1124 E Potomac Ln, Palatine, IL

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
Your Personal Tour Guide

Ask me questions while you tour the home.