J
Landlord's Agent in 2022
James Hegarty
Keller Williams Thrive
(847) 902-9266
1 in this area
44 Total Sales
247 W Palatine Rd Unit 1A Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $326,000 - $594,000
2
Beds
2.5
Baths
1,600
Sq Ft
$313/Sq Ft
Est. Value
Highlights
- Deck
- Sun or Florida Room
- Fenced Yard
- Plum Grove Jr High School Rated A-
- Stainless Steel Appliances
- 3-minute walk to Towne Square
About This Home
As of April 2022Welcome Home! Amazing 2 bedroom apartment in the heart of downtown Palatine. Enjoy the city during the summer, walking distance to everything! Newly finished renovated kitchen (April 2020) featuring granite counter tops, brand new stainless steel appliances. New renovations in the bathroom (April 2020) dual sink vanity, and shower. Hardwood floors throughout. Spacious Master Bedroom with walk-in closet. Washer and dryer are located in the basement, along with extra storage for you!! Plenty of space. Get some fresh air on the new deck and enjoy your beautiful backyard. 2 car garage is just for you!! This property has plenty of space and is close to shopping, Metra , downtown , restaurants, Woodfield Mall, highway. Move in to your new apartment today!
Last Agent to Rent the Property
Keller Williams Thrive License #475173103 Listed on: 04/05/2022
Last Renter's Agent
@properties Christie's International Real Estate License #475158558
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,972
Year Built
- Built in 1925 | Remodeled in 2020
Lot Details
- Fenced Yard
Parking
- 2 Car Detached Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Sun or Florida Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Balcony
- Deck
- Patio
- Fire Pit
Schools
- Stuart R Paddock Elementary School
- Plum Grove Junior High School
- Wm Fremd High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Security Deposit $3,000
- Property Available on 5/1/22
- Rent includes water, parking, exterior maintenance, lawn care
Community Details
Overview
Amenities
- Laundry Facilities
- Community Storage Space
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2015
Sold by
Smith Richard C and Smith Yu Fen C
Bought by
Richard C & Yu Fen C Smith Family Trust
Current Estimated Value
Purchase Details
Closed on
Nov 30, 1999
Sold by
Ratkovich David A
Bought by
Smith Richard C and Smith Yufen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,038
Outstanding Balance
$75,417
Interest Rate
8.02%
Mortgage Type
FHA
Estimated Equity
$424,713
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 |
|---|---|---|---|
| Richard C & Yu Fen C Smith Family Trust | -- | Attorney | |
| Smith Richard C | $240,000 | Prairie Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Richard C | $238,038 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2022 04/29/22 | Rented | $1,950 | 0.0% | -- |
| 04/25/2022 04/25/22 | Under Contract | -- | -- | -- |
| 04/11/2022 04/11/22 | Price Changed | $1,950 | -7.1% | $1 / Sq Ft |
| 04/05/2022 04/05/22 | For Rent | $2,100 | +16.7% | -- |
| 05/15/2020 05/15/20 | Rented | $1,800 | -10.0% | -- |
| 04/24/2020 04/24/20 | For Rent | $2,000 | -- | -- |
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 | $9,972 | $37,000 | $4,752 | $32,248 |
| 2023 | $9,617 | $37,000 | $4,752 | $32,248 |
| 2022 | $9,617 | $37,000 | $4,752 | $32,248 |
| 2021 | $8,805 | $30,443 | $2,772 | $27,671 |
| 2020 | $8,747 | $30,443 | $2,772 | $27,671 |
| 2019 | $8,739 | $33,901 | $2,772 | $31,129 |
| 2018 | $9,622 | $34,398 | $2,574 | $31,824 |
| 2017 | $9,459 | $34,398 | $2,574 | $31,824 |
| 2016 | $9,045 | $34,398 | $2,574 | $31,824 |
| 2015 | $6,867 | $24,974 | $2,376 | $22,598 |
| 2014 | $6,800 | $24,974 | $2,376 | $22,598 |
| 2013 | $6,609 | $24,974 | $2,376 | $22,598 |
Source: Public Records
Agents Affiliated with this Home
-
James Hegarty
-
Mary Schneider
Tenant's Agent in 2022
Mary Schneider
@ Properties
(847) 910-2574
2 in this area
88 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11365867
APN: 02-22-201-002-0000
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