NOT LISTED FOR SALE

1648 E Rainbow Bay Ln Unit 250 Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $226,000 - $277,000

3 Beds
2 Baths
1,927 Sq Ft
$134/Sq Ft Est. Value

About This Home

This home is located at 1648 E Rainbow Bay Ln Unit 250, Palatine, IL 60074 and is currently estimated at $258,267, approximately $134 per square foot. 1648 E Rainbow Bay Ln Unit 250 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
Dec 2, 2009
Sold by
Aurora Loan Services Llc
Bought by
Grace Jeanne
Current Estimated Value
$258,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2009
Sold by
Ali Shakeel
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2003
Sold by
Ali Jehanbaz
Bought by
Ali Shakeel and Ali Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
6.44%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2001
Sold by
Ali Shakeel and Ali Debbie
Bought by
Ali Jehanbaz

Purchase Details

Closed on
May 29, 1997
Sold by
Terrell Robert M
Bought by
Ali Shakeel and Ali Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,450
Interest Rate
8.17%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1995
Sold by
Minch Stephen R and Minch Lori
Bought by
Terrell Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.76%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Grace Jeanne $115,000 Multiple
Aurora Loan Services Llc -- None Available
Ali Shakeel $150,000 Pntn
Ali Jehanbaz $131,000 --
Ali Shakeel $117,000 --
Terrell Robert M $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grace Jeanne $112,917
Previous Owner Ali Shakeel $145,500
Previous Owner Ali Shakeel $113,450
Previous Owner Terrell Robert M $94,500
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 $3,960 $17,353 $2,853 $14,500
2023 $3,794 $17,353 $2,853 $14,500
2022 $3,794 $17,353 $2,853 $14,500
2021 $3,258 $14,028 $2,414 $11,614
2020 $3,495 $14,028 $2,414 $11,614
2019 $3,525 $15,720 $2,414 $13,306
2018 $2,313 $10,879 $2,194 $8,685
2017 $2,288 $10,879 $2,194 $8,685
2016 $2,377 $10,879 $2,194 $8,685
2015 $2,835 $11,849 $1,975 $9,874
2014 $2,817 $11,849 $1,975 $9,874
2013 $3,504 $11,849 $1,975 $9,874
Source: Public Records

Map

Illinois Cook County Palatine 60074 Capri Village

1648 E Rainbow Bay Ln Unit 250, Palatine, IL

This home is located at 1648 E Rainbow Bay Ln Unit 250, Palatine, IL 60074 and is currently estimated at $258,267, approximately $134 per square foot. 1648 E Rainbow Bay Ln Unit 250 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.

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