NOT LISTED FOR SALE

Estimated Value: $365,000 - $449,000

3 Beds
2 Baths
1,248 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 162 N Flake Dr, Palatine, IL 60074 and is currently estimated at $414,987, approximately $332 per square foot. 162 N Flake Dr is a home located in Cook County with nearby schools including Winston Campus Elementary School, Palatine High School, and St Thomas Of Villanova School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2009
Sold by
Mellon William M
Bought by
Mellon William M and Mellon Karen
Current Estimated Value
$414,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$119,415
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$295,572

Purchase Details

Closed on
Sep 24, 2004
Sold by
Wurtz Lisa A
Bought by
Mellon William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2001
Sold by
Gross Thomas P and Otoole Gross Nancy C
Bought by
Wurtz Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.02%

Purchase Details

Closed on
Jun 25, 1997
Sold by
Nagle Howard J and Nagle Marlene Bryer
Bought by
Gross Thomas P and Otoole Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8%
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.

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ICE

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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.

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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
Mellon William M -- Chicago Title Insurance Co
Mellon William M $305,000 Golden Title
Wurtz Lisa A $232,000 --
Gross Thomas P $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellon William M $189,000
Closed Mellon William M $205,000
Previous Owner Wurtz Lisa A $185,600
Previous Owner Gross Thomas P $110,000
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 $7,604 $29,000 $6,660 $22,340
2023 $7,326 $29,000 $6,660 $22,340
2022 $7,326 $29,000 $6,660 $22,340
2021 $6,054 $21,971 $4,162 $17,809
2020 $6,775 $24,280 $4,162 $20,118
2019 $7,086 $28,137 $4,162 $23,975
2018 $5,736 $21,892 $3,746 $18,146
2017 $6,521 $24,762 $3,746 $21,016
2016 $6,313 $24,762 $3,746 $21,016
2015 $5,866 $21,714 $3,330 $18,384
2014 $5,811 $21,714 $3,330 $18,384
2013 $5,644 $21,714 $3,330 $18,384
Source: Public Records

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