$178,945
SOLD FEB 24, 2025

228 N Clyde Ave Palatine, IL 60067

1.03 Acres
$173,733 Price per Acre
44,867 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

12% Above List Price

13 Days on Market

Highlights

  • Corner Lot
  • Marion Jordan Elementary School Rated A-
  • Senior Tax Exemptions

About This Lot

As of May 2025

PROPOSED HALF AN ACRE PREMIUM CORNER LOT IN THE CHESTNUT WOODS AREA! MANY MATURE TREES IN AN AREA OF EXPENSIVE, NEWLY CONSTRUCTED HOMES NEAR MARION JORDON ELEMENTARY, FREMD H.S, HARPER COLLEGE, SHOPPING, TRAIN, PARKS AND COUNTRY CLUB. WATER & SEWER AT THE STREET. MAY WALK PROPERTY BUT DO NOT DISTURB DOGS IN HOUSE. NO RECAPTURE FEES! PROPERTY CURRENTLY IN THE SUBDIVISION PROCESS. TAXES REFLECT ONE ACRE PARCEL WITH A HOME.

Last Agent to Sell the Property

Terri Tillinghast

RE/MAX Properties Northwest License #471013502 Listed on: 12/06/2023

RE/MAX Properties Northwest

Last Buyer's Agent

Raghuram Kalakuntla

Provident Realty, Inc. License #475128232

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,976

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 150 x 140
  • Corner Lot
  • Property is zoned SINGL

Schools

  • Marion Jordan Elementary School
  • Walter R Sundling Junior High Sc
  • Wm Fremd High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Chestnut Woods Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$7,976

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Platted, Estate, Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Chestnut Woods
  • General Information: School Bus Service,Commuter Train
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 140
  • Frontage Type: City Street
  • List Price: 160000
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer Available, Water-Municipal, Water Nearby

Schools

  • Elementary School: Marion Jordan Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 1.03
  • Lot Dimensions: 150 X 140
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 21000
  • Land Description: Sloping
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 7975.61
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

MLS Schools

  • Othr Public Sch: William Harper College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Feb 13, 2025
Sold by
Tresselt Scott and Tresselt Marita
Bought by
Gottimukkala Siva Rama Krishna
Seller's Agent
Terri Tillinghast
RE/MAX Properties Northwest
Buyer's Agent
Raghuram Kalakuntla
Provident Realty, Inc.
List Price
$160,000
Sold Price
$178,945
Premium/Discount to List
$18,945
11.84%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1391.84%

Purchase Details

Closed on
Nov 16, 2008
Sold by
Tresselt Scott
Bought by
Tresselt Scott and Tresselt Marita T

Purchase Details

Closed on
Apr 27, 2001
Sold by
Tresselt Scott
Bought by
Tresselt Scott and Tresselt Marita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
6.95%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $157,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Credit Line Revolving
Previous Owner $146,470 New Conventional
Previous Owner $152,689 Unknown
Previous Owner $75,000 Credit Line Revolving
Previous Owner $176,500 Unknown
Previous Owner $176,200 Unknown
Previous Owner $176,500 No Value Available
Previous Owner $73,125 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $540,000 -2.7% $254 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $555,000 +210.2% $261 / Sq Ft
02/24/2025 02/24/25 Sold $178,945 +11.8% $84 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $160,000 -- $75 / 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 $8,300 $34,005 $17,005 $17,000
2023 $7,976 $34,005 $17,005 $17,000
2022 $7,976 $34,005 $17,005 $17,000
2021 $10,635 $38,740 $28,041 $10,699
2020 $10,607 $38,740 $28,041 $10,699
2019 $10,466 $42,666 $28,041 $14,625
2018 $10,053 $38,534 $25,798 $12,736
2017 $9,896 $38,534 $25,798 $12,736
2016 $10,218 $38,534 $25,798 $12,736
2015 $10,170 $35,722 $7,851 $27,871
2014 $10,063 $35,722 $7,851 $27,871
2013 $9,787 $35,722 $7,851 $27,871
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11943019

Midwest Real Estate Data (MRED)

APN: 02-16-402-009-0000