J
Landlord's Agent in 2020
James Hegarty
Keller Williams Thrive
(847) 902-9266
1 in this area
44 Total Sales
247 W Palatine Rd Unit 2B Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $326,000 - $594,000
1
Bed
1
Bath
1,100
Sq Ft
$455/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Stainless Steel Appliances
- Plum Grove Jr High School Rated A-
- Den
- 3-minute walk to Towne Square
About This Home
As of June 2020Welcome Home! Spacious 1 bedroom apartment in the heart of downtown Palatine. Enjoy the city during the summer, walking distance to everything! Fresh renovations in the kitchen (July 2019), featuring granite counter tops, stainless steel appliances, microwave and dishwasher. New renovations in the bathroom (July 2019) including sink vanity and shower. Washer and dryer conveniently located in your own laundry room! Plenty of room in the basement and extra storage! Get some fresh air on the new deck and enjoy your beautiful backyard. Use the fire pit during summer barbecues. This is easily one of the best spots in Palatine. This property has plenty of space and is close to shopping, Palatine Metra , downtown , restaurants, Woodfield Mall, highway and more. Unit is Available as of May 31st.
Last Agent to Rent the Property
Keller Williams Thrive License #475173103 Listed on: 04/24/2020
Last Renter's Agent
Sarah Smiley
@properties Christie's International Real Estate License #475188903
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,972
Year Built
- 1925
Lot Details
- Fenced Yard
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- Separate Shower
- Den
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Stainless Steel Appliances
Laundry
- Laundry on upper level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- Parking Available
- Driveway
- Parking Included in Price
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
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
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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 |
|---|---|---|---|---|
| 06/01/2020 06/01/20 | Rented | $1,400 | 0.0% | -- |
| 04/24/2020 04/24/20 | For Rent | $1,400 | -- | -- |
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
-
S
Tenant's Agent in 2020
Sarah Smiley
@ Properties
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10697993
APN: 02-22-201-002-0000
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