349 W Palatine Rd Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $299,000 - $344,765
3
Beds
2
Baths
1,468
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Detached Garage
- Plum Grove Jr High School Rated A-
- 2-minute walk to Cedar Park
About This Home
As of January 2022This charming, 3 bed. 1.5 bath cape cod home is move in ready and ideal for someone wanting to be close to downtown Palatine. Couldn't ask for a better location if you want to be close to the Metra, Restaurants, Bars, etc!! Nice sized lot with an over sized 2 car detached garage. Open Kitchen, open floor plan and even a bedroom on the first floor which could also make a wonderful office. Master bedroom has it's own balcony, to enjoy a beautiful morning or quiet evening! Need a space to make your own? Say no more! This finished, walk out basement is just waiting for someone to do something creative to it! Kids playroom? entertainment area? Or perhaps just make it into another bedroom with it's own private entrance.... regardless of what you want to make it, it's a blank canvas just waiting to be made into something great! Also only an 8 min drive from the Arlington Race Track!
Last Agent to Sell the Property
Inna Berube
Suburban Life Realty, Ltd License #475-185904 Listed on: 11/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,613
Year Built
- 1925
Lot Details
- 7,841
Parking
- Detached Garage
- Parking Included in Price
Interior Spaces
- 2-Story Property
- Finished Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Feb 9, 2022
Sold by
Vellanki Shalini Y and Vellanki Ankaya Choudary
Bought by
Schwartz Nancy A
Seller's Agent
Inna Berube
Suburban Life Realty, Ltd
Buyer's Agent
Carole Kurtzman
Baird & Warner
List Price
$270,000
Sold Price
$235,000
Premium/Discount to List
-$35,000
-12.96%
Total Days on Market
39
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
$90,691
Avg. Annual Appreciation
10.14%
Original Mortgage
$188,000
Outstanding Balance
$175,701
Interest Rate
3.45%
Estimated Equity
$149,990
Purchase Details
Listed on
Nov 5, 2021
Closed on
Jan 6, 2022
Sold by
Vellanki Shalini Y and Vellanki Ankaya Choudary
Bought by
Schwartz Nancy A
Seller's Agent
Inna Berube
Suburban Life Realty, Ltd
Buyer's Agent
Carole Kurtzman
Baird & Warner
List Price
$270,000
Sold Price
$235,000
Premium/Discount to List
-$35,000
-12.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$175,701
Interest Rate
3.45%
Estimated Equity
$149,990
Purchase Details
Listed on
May 13, 2013
Closed on
Sep 27, 2013
Sold by
Kakarala Anuradha and Kakarala Naga M
Bought by
Vellanki Shalini Y and Vellanki Ankayya Choudary
Seller's Agent
AJ|Abhijit Leekha
Property Economics Inc.
Buyer's Agent
Savita Leekha
Property Economics Inc.
List Price
$99,000
Sold Price
$115,000
Premium/Discount to List
$16,000
16.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$92,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 14, 2006
Sold by
Ablin David
Bought by
Kakarala Anuradha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
1.62%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 30, 2001
Sold by
Trapp William and Trapp Kim
Bought by
Ablin David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.06%
Purchase Details
Closed on
Jul 31, 1998
Sold by
Jackson Daniel C and Mrowicki Linda G
Bought by
Trapp William and Trapp Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
7.04%
Similar Homes in Palatine, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schwartz Nancy A | -- | -- | |
| Schwartz Nancy A | -- | -- | |
| Schwartz Nancy A | -- | -- | |
| Vellanki Shalini Y | $115,000 | Precision Title | |
| Kakarala Anuradha | $312,000 | Multiple | |
| Ablin David | $160,000 | -- | |
| Trapp William | $117,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schwartz Nancy A | $188,000 | |
| Previous Owner | Vellanki Shalini Y | $92,000 | |
| Previous Owner | Kakarala Anuradha | $316,800 | |
| Previous Owner | Kakarala Anuradha | $280,800 | |
| Previous Owner | Ablin David | $127,000 | |
| Previous Owner | Ablin David | $128,000 | |
| Previous Owner | Trapp William | $105,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2022 01/19/22 | Sold | $235,000 | -13.0% | $160 / Sq Ft |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $270,000 | 0.0% | $184 / Sq Ft |
| 11/01/2018 11/01/18 | For Rent | $1,490 | 0.0% | -- |
| 10/21/2018 10/21/18 | Off Market | $1,490 | -- | -- |
| 10/20/2018 10/20/18 | Rented | $1,490 | 0.0% | -- |
| 09/30/2018 09/30/18 | For Rent | $1,490 | 0.0% | -- |
| 02/01/2017 02/01/17 | Rented | $1,490 | 0.0% | -- |
| 01/24/2017 01/24/17 | Under Contract | -- | -- | -- |
| 01/05/2017 01/05/17 | For Rent | $1,490 | 0.0% | -- |
| 09/27/2013 09/27/13 | Sold | $115,000 | +16.2% | $78 / Sq Ft |
| 05/13/2013 05/13/13 | Pending | -- | -- | -- |
| 05/13/2013 05/13/13 | For Sale | $99,000 | -- | $67 / 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 | $7,613 | $28,064 | $4,752 | $23,312 |
| 2023 | $7,613 | $30,000 | $4,752 | $25,248 |
| 2022 | $7,613 | $30,000 | $4,752 | $25,248 |
| 2021 | $6,005 | $21,821 | $2,772 | $19,049 |
| 2020 | $5,989 | $21,821 | $2,772 | $19,049 |
| 2019 | $5,985 | $24,300 | $2,772 | $21,528 |
| 2018 | $6,070 | $22,969 | $2,574 | $20,395 |
| 2017 | $5,974 | $22,969 | $2,574 | $20,395 |
| 2016 | $5,805 | $22,969 | $2,574 | $20,395 |
| 2015 | $5,062 | $19,097 | $2,376 | $16,721 |
| 2014 | $5,017 | $19,097 | $2,376 | $16,721 |
| 2013 | $4,870 | $19,097 | $2,376 | $16,721 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Inna Berube
Suburban Life Realty, Ltd
(630) 542-6749
1 in this area
45 Total Sales
-
Carole Kurtzman
Buyer's Agent in 2022
Carole Kurtzman
Baird Warner
(847) 602-7475
2 in this area
13 Total Sales
-
AJ|Abhijit Leekha
Seller's Agent in 2018
AJ|Abhijit Leekha
Property Economics Inc.
(630) 283-2111
647 Total Sales
-
Galya Georgieva
Buyer's Agent in 2017
Galya Georgieva
Coldwell Banker Realty
(630) 965-7328
1 in this area
137 Total Sales
-
Savita Leekha
Buyer's Agent in 2013
Savita Leekha
Property Economics Inc.
(847) 477-7106
1 Total Sale
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11264444
APN: 02-22-200-002-0000
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