$112,500
SOLD JUL 5, 2018
0.15 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$94 Per Sq Ft

36% Below List Price

38 Days on Market

Highlights

  • Hot Water Heating System
  • Palatine High School Rated A
  • Senior Tax Exemptions

About This Lot

As of June 2021

IN TOWN LOT WITH URBAN POTENTIAL.WALK TO TRAIN AND DOWNTOWN PALATINE.HOME AS IS

Last Agent to Sell the Property

Claudia Starck

Baird & Warner License #471007045 Listed on: 04/13/2018

Baird & Warner

Last Buyer's Agent

Michael Turner

ARNI Realty Incorporated License #475139451

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,131

Year Built

  • 1954

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$20,131

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Ownership Type: Land Trust
  • Utilities To Site: Electric to Site, Gas to Site
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1954

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Frontage Access: City Street
  • Front Footage: 50

Utilities

  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 211
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 50 X 132
  • Parcel Identification Number: 02143100090000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 5687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 27, 2021
Sold by
Equity Trust Company Custodian
Bought by
Shuder Daria
Seller's Agent
Jason O'Beirne
Jameson Sotheby's Intl Realty
Buyer's Agent
Jason O'Beirne
Jameson Sotheby's Intl Realty
Sold Price
$825,000
Total Days on Market
38
Current Estimated Value
$820,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,049
Avg. Annual Appreciation
-0.45%

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jul 5, 2018
Sold by
Hanetho David M
Bought by
Equity Trust Company Fbo and Acct 200352089 Ira
Seller's Agent
Claudia Starck
Baird & Warner
Buyer's Agent
Michael Turner
ARNI Realty Incorporated
List Price
$175,000
Sold Price
$112,500
Premium/Discount to List
-$62,500
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.31%
Original Mortgage
$175,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2004
Sold by
Hanetho Richard and Hanetho Joan A
Bought by
Hanetho Richard and Hanetho Joan A
Source: Public Records

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    This is an opportunity to purchase 2 lots adjacent to each other or purchase separately. These parcels were zoned Planned Unit Development which allows for less setback between homes, therefore allowing a larger structure footprint.This is 1 of 2 available lots which are next to each other. Adjoining lot at 1124 W. Colfax (corner lot) is also available. Refer to attached prior building plans.

    Aspasia Poziwilko Berkshire Hathaway HomeServices Starck Real Estate

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $825,000 First American Title
Deed $112,500 Baird & Warner Title Service
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Unknown
Previous Owner $175,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $825,000 0.0% $194 / Sq Ft
05/04/2021 05/04/21 For Sale -- -- --
05/04/2021 05/04/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $825,000 +633.3% $194 / Sq Ft
07/05/2018 07/05/18 Sold $112,500 -35.7% $94 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $175,000 -- $146 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $20,131 $68,000 $3,960 $64,040
2023 $19,476 $68,000 $3,960 $64,040
2022 $19,476 $68,000 $3,960 $64,040
2021 $23,178 $71,368 $2,310 $69,058
2020 $739 $2,310 $2,310 $0
2019 $1,241 $4,329 $2,310 $2,019
2018 $6,233 $20,058 $2,145 $17,913
2017 $6,116 $20,058 $2,145 $17,913
2016 $5,687 $20,058 $2,145 $17,913
2015 $2,079 $18,783 $1,980 $16,803
2014 $4,364 $18,783 $1,980 $16,803
2013 $5,555 $18,783 $1,980 $16,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09914842

Midwest Real Estate Data (MRED)

APN: 02-14-310-009-0000