NOT LISTED FOR SALE

1340 N Shadow Lake Terrace Unit 118 Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $190,000 - $246,000

2 Beds
1 Bath
1,652 Sq Ft
$135/Sq Ft Est. Value

About This Home

This home is located at 1340 N Shadow Lake Terrace Unit 118, Palatine, IL 60074 and is currently estimated at $222,441, approximately $134 per square foot. 1340 N Shadow Lake Terrace Unit 118 is a home located in Cook County with nearby schools including Lake Louise Elementary School, Palatine High School, and Bright Horizons At Motorola-Arlington Hts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Insook
Current Estimated Value
$222,441

Purchase Details

Closed on
May 3, 2011
Sold by
Olea Scarlet
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 19, 2005
Sold by
Mercado Maria
Bought by
Olea Scarlet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2001
Sold by
Mercado Felipe
Bought by
Mercado Maria

Purchase Details

Closed on
Aug 6, 1996
Sold by
Toolan Gary A and Connors Susan L
Bought by
Mercado Maria E and Mercado Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 1995
Sold by
Connors Susan L
Bought by
Connors Susan L and Toolan Gary A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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.

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Average Value
Not Available
List Price
Sold Price
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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
Lee Insook $70,000 Fatic
Federal Home Loan Mortgage Corp -- None Available
Olea Scarlet $164,000 Lawyers
Mercado Maria -- --
Mercado Maria E $89,000 Attorneys Natl Title Network
Connors Susan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olea Scarlet $164,000
Previous Owner Olea Scarlet $30,000
Previous Owner Olea Scarlet $164,000
Previous Owner Mercado Maria E $112,500
Previous Owner Mercado Maria E $86,400
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 $3,281 $14,878 $2,446 $12,432
2023 $3,281 $14,878 $2,446 $12,432
2022 $3,281 $14,878 $2,446 $12,432
2021 $2,824 $12,026 $2,069 $9,957
2020 $2,855 $12,026 $2,069 $9,957
2019 $2,882 $13,477 $2,069 $11,408
2018 $1,831 $9,327 $1,881 $7,446
2017 $1,815 $9,327 $1,881 $7,446
2016 $1,937 $9,327 $1,881 $7,446
2015 $2,007 $9,155 $1,693 $7,462
2014 $1,999 $9,155 $1,693 $7,462
2013 $1,375 $9,155 $1,693 $7,462
Source: Public Records

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