245 S Park Ln Unit 406 Palatine, IL 60074
Twin Lakes NeighborhoodEstimated Value: $218,000 - $240,000
2
Beds
2
Baths
1,100
Sq Ft
$211/Sq Ft
Est. Value
About This Home
This home is located at 245 S Park Ln Unit 406, Palatine, IL 60074 and is currently estimated at $232,248, approximately $211 per square foot. 245 S Park Ln Unit 406 is a home located in Cook County with nearby schools including Winston Campus Elementary School, Palatine High School, and Immanuel Lutheran School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 23, 2007
Sold by
Zhu Weirong and Xiao Yuqing
Bought by
Mann Vijai S and Mann Jeet
Current Estimated Value
Purchase Details
Closed on
May 30, 2003
Sold by
Zhu Weirong
Bought by
Zhu Weirong and Xiao Yuqing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 2003
Sold by
Pawlowski Colleen R and Carol A Kreisheimer Trust #94E
Bought by
Zhu Weirong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 26, 1994
Sold by
Munch Frank R and Favaro Ernest
Bought by
Pawlowski Colleen R and Kreisheimer Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.25%
Purchase Details
Closed on
Sep 1, 1994
Sold by
Kreisheimer Robert and Kreisheimer Carol A
Bought by
Kreisheimer Carol A and Carol A Kreisheimer Trust #94E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.25%
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 |
---|---|---|---|
Mann Vijai S | $168,000 | None Available | |
Zhu Weirong | -- | -- | |
Zhu Weirong | $145,000 | Burnet Title Llc | |
Pawlowski Colleen R | $87,000 | Attorneys Natl Title Network | |
Kreisheimer Carol A | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Zhu Weirong | $41,200 | |
Previous Owner | Zhu Weirong | $136,000 | |
Previous Owner | Zhu Weirong | $116,000 | |
Previous Owner | Zhu Weirong | $116,000 | |
Previous Owner | Pawlowski Colleen R | $78,300 |
Source: Public Records
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 | $2,660 | $14,808 | $1,057 | $13,751 |
2023 | $2,542 | $14,808 | $1,057 | $13,751 |
2022 | $2,542 | $14,808 | $1,057 | $13,751 |
2021 | $1,642 | $10,875 | $660 | $10,215 |
2020 | $1,750 | $10,875 | $660 | $10,215 |
2019 | $1,774 | $12,150 | $660 | $11,490 |
2018 | $922 | $9,023 | $594 | $8,429 |
2017 | $724 | $9,023 | $594 | $8,429 |
2016 | $1,409 | $9,023 | $594 | $8,429 |
2015 | $1,200 | $8,972 | $528 | $8,444 |
2014 | $1,222 | $8,972 | $528 | $8,444 |
2013 | $1,154 | $8,972 | $528 | $8,444 |
Source: Public Records
Map
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