S
Seller's Agent in 2015
Sally Ide
Coldwell Banker Realty
(847) 875-9400
1 in this area
20 Total Sales
224 N Schubert St Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $693,000 - $716,000
0.18
Acre
$3,906,528
Price per Acre
7,841
Sq Ft Lot
About This Lot
As of December 2015Build your dream home...Fantastic location to downtown Palatine and Community Center. Palatine Building Department has approved a home to be built on this lot a few years ago. Building Department of Palatine is very helpful with any questions a potential buyer might have. Builders, please note this is a great opportunity to build in Palatine without needing to do a tear down of a home.
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,822
Lot Details
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2020
Sold by
Patel Hitesh B and Patel Shital
Bought by
Veldhuis Blake and Veldhuis Sarah C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$346,687
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$413,173
Purchase Details
Closed on
Dec 29, 2016
Sold by
Gpatrick Homes Llc
Bought by
Patel Hitesh B and Patel Shital
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,160
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 22, 2016
Sold by
W K Building And Development Inc
Bought by
Gpatrick Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.45%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 28, 2015
Closed on
Dec 8, 2015
Sold by
Philippe Katherine Elsa
Bought by
Wk Building & Development Inc and Trust #014 2015
Seller's Agent
Sally Ide
Coldwell Banker Realty
Buyer's Agent
Sally Ide
Coldwell Banker Realty
List Price
$35,000
Sold Price
$35,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.03%
Purchase Details
Closed on
Dec 5, 2000
Sold by
Lasalle Bank National Assn
Bought by
Philippe Pete H
Purchase Details
Closed on
Mar 18, 1996
Sold by
Philippe Hugo P and Philippe Helen L
Bought by
Philippe Hugo P and Philippe Helen L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Veldhuis Blake | $485,000 | Chicago Title | |
| Patel Hitesh B | $473,000 | First American Title | |
| Gpatrick Homes Llc | -- | First American Title | |
| Wk Building & Development Inc | $35,000 | Attorneys Title Guaranty Fun | |
| Philippe Pete H | -- | -- | |
| Philippe Hugo P | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Veldhuis Blake | $388,000 | |
| Previous Owner | Patel Hitesh B | $449,160 | |
| Previous Owner | Gpatrick Homes Llc | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2015 12/08/15 | Sold | $35,000 | 0.0% | $14 / Sq Ft |
| 10/17/2015 10/17/15 | Pending | -- | -- | -- |
| 07/28/2015 07/28/15 | For Sale | $35,000 | -- | $14 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $13,822 | $50,002 | $4,682 | $45,320 |
| 2023 | $15,655 | $50,002 | $4,682 | $45,320 |
| 2022 | $15,655 | $54,662 | $4,682 | $49,980 |
| 2021 | $14,799 | $45,566 | $2,731 | $42,835 |
| 2020 | $13,585 | $45,566 | $2,731 | $42,835 |
| 2019 | $13,569 | $50,742 | $2,731 | $48,011 |
| 2018 | $13,643 | $47,335 | $2,536 | $44,799 |
| 2017 | $15,282 | $53,499 | $2,536 | $50,963 |
| 2016 | $719 | $2,536 | $2,536 | $0 |
| 2015 | $719 | $2,341 | $2,341 | $0 |
| 2014 | $711 | $2,341 | $2,341 | $0 |
| 2013 | $692 | $2,341 | $2,341 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sally Ide
-
J
Seller Co-Listing Agent in 2015
Jerry Ide
Coldwell Banker Residential Brokerage
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08994953
APN: 02-14-319-019-0000
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