Seller's Agent in 2023
Jay Reid
The McDonald Group
(847) 791-5491
2 in this area
203 Total Sales
340 W Palatine Rd Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $348,000 - $467,152
4
Beds
3
Baths
2,100
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Farmhouse Style Home
- Laundry Room
- Plum Grove Jr High School Rated A-
- 2 Car Detached Garage
- 3-minute walk to Cedar Park
About This Home
As of August 2023Historical 100 year old home within walking distance to train station, as well as family market which is open every Saturday May through October. 4th of July parade passes nearby. Three playgrounds & the town square are also nearby and within walking distance. Enjoy Octoberfest, Music Festivals, and Art Shows. This home is located in Fremd High School district. Bedroom sizes are much larger in this home versus most other 100 year old homes. The backyard has a two car garage, deck and still room left over for gardening or whatever else you can imagine. Basement has had interior drain tile added (12K) and a sump pump was added. Upstairs shower works but has a leak. Seller shut off and there is no water damage occurring. Home is being conveyed in as-is condition. Sweat equity will make you a hansom profit.
Last Agent to Sell the Property
HomeSmart Connect LLC License #471006747 Listed on: 06/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,237
Year Built
- Built in 1924
Lot Details
- Lot Dimensions are 64x133
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Farmhouse Style Home
- Asphalt Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 2,100 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Combination Dining and Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Schools
- Stuart R Paddock Elementary School
- Plum Grove Junior High School
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2023
Closed on
Aug 10, 2023
Sold by
Bales Karen K and Nelson Georgia G
Bought by
Breen Autumn J
Seller's Agent
Jay Reid
HomeSmart Connect LLC
Buyer's Agent
Jennifer Myk
Coldwell Banker Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
153
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,288
Avg. Annual Appreciation
11.19%
Original Mortgage
$252,000
Outstanding Balance
$246,816
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$143,873
Purchase Details
Closed on
Aug 31, 1994
Sold by
Matecki Randall J and Matecki Patricia C
Bought by
Nelson Georgia G and Bales Karen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.65%
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 |
|---|---|---|---|
| Breen Autumn J | $315,000 | None Listed On Document | |
| Nelson Georgia G | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Breen Autumn J | $252,000 | |
| Previous Owner | Bales Karen K | $6,200 | |
| Previous Owner | Bales Karen K | $138,250 | |
| Previous Owner | Nelson Georgia G | $46,250 | |
| Previous Owner | Bales Karen K | $150,200 | |
| Previous Owner | Nelson Georgia G | $162,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2023 08/23/23 | Sold | $315,000 | -3.1% | $150 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/17/2023 07/17/23 | For Sale | $325,000 | 0.0% | $155 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 06/11/2023 06/11/23 | For Sale | $325,000 | -- | $155 / Sq Ft |
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 | $7,411 | $31,000 | $5,108 | $25,892 |
| 2023 | $7,115 | $31,000 | $5,108 | $25,892 |
| 2022 | $7,115 | $31,000 | $5,108 | $25,892 |
| 2021 | $5,237 | $22,120 | $2,979 | $19,141 |
| 2020 | $5,290 | $22,120 | $2,979 | $19,141 |
| 2019 | $5,294 | $24,633 | $2,979 | $21,654 |
| 2018 | $5,507 | $23,905 | $2,767 | $21,138 |
| 2017 | $5,436 | $23,905 | $2,767 | $21,138 |
| 2016 | $6,070 | $23,905 | $2,767 | $21,138 |
| 2015 | $5,592 | $20,822 | $2,554 | $18,268 |
| 2014 | $5,540 | $20,822 | $2,554 | $18,268 |
| 2013 | $5,381 | $20,822 | $2,554 | $18,268 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Reid
-
Jennifer Myk
Buyer's Agent in 2023
Jennifer Myk
Coldwell Banker Realty
(847) 489-5269
2 in this area
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11799972
APN: 02-15-425-007-0000
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