NOT LISTED FOR SALE

32 N Clyde Ave Palatine, IL 60067

Estimated Value: $417,000 - $589,000

3 Beds
2 Baths
2,319 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $320,000 $138 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,327/month

194 Days on Market

Highlights

  • Raised Ranch Architecture
  • Whirlpool Bathtub
  • Fireplace in Basement
  • Thomas Jefferson Elementary School Rated A-
  • Detached Garage
  • Senior Tax Exemptions

About This Home

As of October 2021

Price reduced to below appraisal value. Embrace the spirit of DIY with this farmhouse style home on a peaceful private street nestled on nearly an acre of property, surrounded by a prestigious neighborhood where your investment of time and creativity will be rewarded. There's plenty of potential for the savvy investor or first home buyer. Renovated homes on this block are selling for top dollar. It's all about location!!! Charming home with a delightful sunroom that overlooks a wraparound deck with gazebo and a lovely wooded back yard facing West for beautiful sunset evenings. Features a huge walkout basement area perfect for hosting parties with an extra kitchen, built-in bar with wet bar, entertainment area or playroom, and brick gas fireplace. The basement also has a large unfinished area which is perfect for storage or a personal workshop. Detached 2 car garage and plenty of driveway for parking. A large lot of almost an acre in an optimal location - feels like country living, yet ideally close to all the conveniences of the train station, shopping, and downtown Palatine. Three community playground parks are within walking distance. Award-winning school district including Fremd High School and also Marion Jordan Elementary School which is a "Blue Ribbon School", as recognized by the U.S. Department of Education and has "Platinum recognition" from the State of Illinois. Home is clean and ready to move in, or could be remodeled, added onto, or lot divided. There would be plenty of room for an In-law addition or possible guest house. City water and city sewer are available already at the street to hook up to, and the city previously confirmed that the well can be kept for outside garden watering if desired. Bring your pets, bring your gardening tools, bring your big kid toys (RV, boat, etc...), and of course bring your imagination. If more space, privacy, and a great neighborhood are what you desire, this property has so much potential in a truly remarkable location! Seller able to accommodate either a quick close or a flexible closing date. At this price, this home isn't going to last - schedule your showing before it's gone!

Last Agent to Sell the Property

Bonnie Hartian

Ardain Real Estate Inc. License #471014518 Listed on: 03/18/2021

Last Buyer's Agent

Guodong Wang

Concentric Realty, Inc License #475179794

Concentric Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,473

Year Built

  • 1950

Lot Details

  • 0.83

Parking

  • Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Raised Ranch Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • Whirlpool Bathtub

Partially Finished Basement

  • Fireplace in Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,473

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Raised Ranch
  • Property Sub Type: Raised Ranch
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Directions: Go west on Palatine Rd from Quentin Rd. Turn North onto Clyde Ave. to property.
  • Lot Size: 120X300
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Has Basement: Walkout
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Basement
  • Square Footage Comments: Livable square footage not including unfinished portion of basement.
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet
  • Dining Room Type: Heated Sun Room, Kitchen, Recreation Room

Exterior Features

  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic-Private
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 211
  • Middle Or Junior School: Carl Sandburg Junior High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 4823.58
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Oct 21, 2021
Sold by
Benande Carol J
Bought by
Si Rex Zhiqiang and Song Meng
Seller's Agent
Bonnie Hartian
Ardain Real Estate Inc.
Buyer's Agent
Guodong Wang
Concentric Realty, Inc
Sold Price
$320,000
Current Estimated Value
$484,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,014
Avg. Annual Appreciation
10.90%
Original Mortgage
$288,000
Outstanding Balance
$262,933
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$221,081
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Si Rex Zhiqiang $320,000 Greater Illinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Si Rex Zhiqiang $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $320,000 -14.7% $138 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
07/01/2021 07/01/21 For Sale -- -- --
06/01/2021 06/01/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $374,990 -6.2% $162 / Sq Ft
03/09/2021 03/09/21 For Sale $399,900 -- $172 / 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 $9,473 $32,000 $16,000 $16,000
2023 $9,165 $32,000 $16,000 $16,000
2022 $9,165 $32,000 $16,000 $16,000
2021 $5,305 $23,094 $12,669 $10,425
2020 $4,868 $23,094 $12,669 $10,425
2019 $4,824 $25,718 $12,669 $13,049
2018 $5,236 $29,721 $11,764 $17,957
2017 $5,047 $29,721 $11,764 $17,957
2016 $5,568 $29,721 $11,764 $17,957
2015 $6,338 $25,185 $10,859 $14,326
2014 $6,130 $25,185 $10,859 $14,326
2013 $5,560 $25,185 $10,859 $14,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11002683

Midwest Real Estate Data (MRED)

APN: 02-16-409-005-0000