Seller's Agent in 2022
Shannon Bremner
Keller Williams Success Realty
(847) 302-4848
9 in this area
179 Total Sales
215 S Smith St Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $259,000 - $374,000
2
Beds
1
Bath
900
Sq Ft
$355/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Wood Flooring
- 1.5 Car Detached Garage
- Plum Grove Jr High School Rated A-
- Stainless Steel Appliances
- 4-minute walk to Hawthorne Park
About This Home
As of July 2022Score instant cash flow with this awesome investment opportunity that's now available! Wonderful tenants are in place with a lease that expires in January 2023 with an auto-renew option that if exercised, extends the lease to January 2024. Updated kitchen with granite countertops and stainless steel appliances. Fresh paint throughout and beautiful hardwood floors in the living room and bedrooms. This home is light and bright thanks to new windows and overhead can lighting in the living room. Big laundry room with a washer and dryer and cabinets for storage. One and a half car garage. Low maintenance siding, soffits, and fascia, on the exterior. Set on a third of an acre parcel of land, due to its stellar location, has a ton of potential for expansion and could one day be attractive to a builder. Excellent location, tucked away on a quiet street (check the map, it's not located on 'busy' Smith Street). Walking distance to the train and restaurants in downtown Palatine, and feeds into popular Fremd. Two PINs, taxes are $6600 and do not reflect a homeowner exemption. Beat inflation by getting your money out of the bank and invest it in real estate! Tenants pay $1900 a month and are responsible for utilities, lawn care, and snow removal.
Last Agent to Sell the Property
Keller Williams Success Realty License #475155622 Listed on: 05/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,601
Year Built
- Built in 1953 | Remodeled in 2020
Lot Details
- 13,765 Sq Ft Lot
- Additional Parcels
Parking
- 1.5 Car Detached Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 900 Sq Ft Home
- Living Room
- Dining Room
- Wood Flooring
- Crawl Space
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Stuart R Paddock Elementary School
- Plum Grove Junior High School
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
- Ranch
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2022
Closed on
Jun 2, 2022
Sold by
Tovell Carolyn
Bought by
Mccarthy Ryan Kevin and Poss Michael A
Seller's Agent
Shannon Bremner
Keller Williams Success Realty
Buyer's Agent
Sara Poss
@properties Christie's International Real Estate
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,889
Avg. Annual Appreciation
6.83%
Original Mortgage
$187,500
Outstanding Balance
$179,360
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$140,529
Purchase Details
Closed on
Mar 9, 2021
Sold by
Makdah Ed and Makdah Maha R
Bought by
Tovell Carolyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,025
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2006
Sold by
Bergman Mary R and Bergman Gary L
Bought by
Makdah Ed and Makdah Maha R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2001
Sold by
Bergman Mary R
Bought by
Bergman Mary R and Bergman Gary L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccarthy Ryan Kevin | $250,000 | None Listed On Document | |
| Tovell Carolyn | $235,000 | Citywide Title Corporation | |
| Makdah Ed | $220,000 | Atg | |
| Bergman Mary R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccarthy Ryan Kevin | $187,500 | |
| Previous Owner | Tovell Carolyn | $176,025 | |
| Previous Owner | Makdah Ed | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $250,000 | -3.5% | $278 / Sq Ft |
| 05/02/2022 05/02/22 | Pending | -- | -- | -- |
| 05/01/2022 05/01/22 | For Sale | $259,000 | -- | $288 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $6,886 | $25,000 | $6,426 | $18,574 |
| 2024 | $6,886 | $23,259 | $5,508 | $17,751 |
| 2023 | $6,874 | $24,000 | $5,508 | $18,492 |
| 2022 | $6,874 | $24,000 | $5,508 | $18,492 |
| 2021 | $6,179 | $19,026 | $3,213 | $15,813 |
| 2020 | $6,087 | $19,026 | $3,213 | $15,813 |
| 2019 | $6,076 | $21,188 | $3,213 | $17,975 |
| 2018 | $5,809 | $18,694 | $2,983 | $15,711 |
| 2017 | $5,999 | $19,677 | $2,983 | $16,694 |
| 2016 | $5,579 | $19,677 | $2,983 | $16,694 |
| 2015 | $5,655 | $18,404 | $2,754 | $15,650 |
| 2014 | $4,806 | $18,404 | $2,754 | $15,650 |
| 2013 | $4,665 | $18,404 | $2,754 | $15,650 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Bremner
-
Sara Poss
Buyer's Agent in 2022
Sara Poss
@ Properties
(847) 774-6490
1 in this area
50 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11381258
APN: 02-22-216-006-0000
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