43 S Cedar St Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $295,000 - $551,000
3
Beds
2
Baths
1,597
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Guest House
- Waterfront
- Creek On Lot
- Plum Grove Jr High School Rated A-
- 0.91 Acre Lot
- 3-minute walk to Cedar Park
About This Home
As of August 2023Classic 3 bedroom / 2 bath home with full basement on a rare and beautiful wooded lot (almost 1 acre). Just south of downtown Palatine, close to the Metra station, restaurants, festivals, summer farmers market and... in Fremd HS district! Tranquil, high and dry property backs to creek and is adjacent to greenspace. House has hardwood floors, full kitchen tall ceilings and great vintage detail. This could easily be you dream home! The property offers tremendous potential. Feel free to walk the land or easy to schedule an appointment. Sold as-is.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475131157 Listed on: 02/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,374
Year Built
- Built in 1936
Lot Details
- 0.91 Acre Lot
- Lot Dimensions are 145 x 330
- Waterfront
- Backs to Open Ground
- Wooded Lot
Parking
- 1 Car Detached Garage
- Parking Included in Price
Home Design
- Ranch Style House
- Farmhouse Style Home
- Frame Construction
Interior Spaces
- 1,597 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Unfinished Basement
- Partial Basement
- Laundry Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Creek On Lot
- Shed
Additional Homes
- Guest House
Schools
- Stuart R Paddock Elementary School
- Plum Grove Junior High School
- Wm Fremd High School
Utilities
- No Cooling
- Baseboard Heating
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2023
Closed on
Aug 15, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Berdalieva Nurzat
Seller's Agent
Mitchell Gabel
@properties Christie's International Real Estate
Buyer's Agent
Amaliia Baturina
Your House Realty
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%
Total Days on Market
77
Views
224
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
$68,543
Avg. Annual Appreciation
11.28%
Original Mortgage
$308,750
Outstanding Balance
$303,875
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$89,668
Purchase Details
Closed on
Oct 2, 2008
Sold by
Vokoun Scott
Bought by
Chicago Title Land Trust Co and Trust #11-035606
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.94%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 7, 2001
Sold by
Vokoun Richard C
Bought by
Vokoun Richard Charles and The Richard Charles Vokoun Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,625
Interest Rate
8.5%
Mortgage Type
Credit Line Revolving
Similar Homes in Palatine, IL
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 |
|---|---|---|---|
| Berdalieva Nurzat | $325,000 | Chicago Title | |
| Chicago Title Land Trust Co | $400,000 | Chicago Title Land Trust Co | |
| Vokoun Richard Charles | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berdalieva Nurzat | $308,750 | |
| Previous Owner | Chicago Title Land Trust Co | $400,000 | |
| Previous Owner | Vokoun Richard C | $204,400 | |
| Previous Owner | Vokoun Richard C | $265,625 | |
| Previous Owner | Vokoun Richard C | $156,250 | |
| Previous Owner | Vokoun Richard C | $93,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $325,000 | -7.1% | $204 / Sq Ft |
| 05/13/2023 05/13/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | Price Changed | $349,900 | -6.7% | $219 / Sq Ft |
| 03/27/2023 03/27/23 | Price Changed | $374,900 | -6.0% | $235 / Sq Ft |
| 02/24/2023 02/24/23 | For Sale | $399,000 | -- | $250 / 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 | $15,752 | $55,000 | $23,862 | $31,138 |
| 2023 | $15,752 | $55,000 | $23,862 | $31,138 |
| 2022 | $15,752 | $55,000 | $23,862 | $31,138 |
| 2021 | $12,374 | $38,100 | $13,919 | $24,181 |
| 2020 | $12,189 | $38,100 | $13,919 | $24,181 |
| 2019 | $12,168 | $42,429 | $13,919 | $28,510 |
| 2018 | $12,880 | $41,446 | $12,925 | $28,521 |
| 2017 | $12,637 | $41,446 | $12,925 | $28,521 |
| 2016 | $11,752 | $41,446 | $12,925 | $28,521 |
| 2015 | $10,966 | $35,692 | $11,931 | $23,761 |
| 2014 | $10,833 | $35,692 | $11,931 | $23,761 |
| 2013 | $10,556 | $35,692 | $11,931 | $23,761 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Gabel
Seller's Agent in 2023
Mitchell Gabel
@ Properties
(773) 430-1618
10 in this area
31 Total Sales
-
Amaliia Baturina
Buyer's Agent in 2023
Amaliia Baturina
Your House Realty
(720) 244-8418
1 in this area
40 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11724683
APN: 02-22-201-064-0000
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