502 N Smith St Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $276,000 - $318,000
2
Beds
1
Bath
823
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Corner Lot
- Living Room
- Palatine High School Rated A
- 2 Car Detached Garage
- Central Air
About This Home
As of March 2023Beautiful completely remodeled Ranch style home with a basement ideally located minutes away from the downtown area for all it has to offer. This home is located close to Metra station, restaurants and major highways. This adorable 2 bedrooms 1 bath home features Harwood floors, totally remodeled kitchen, brad new appliances, new A/C, furnace and much more. You will be delighted to see the oversized garage ready for all your ideas. Outstanding schools. Come see this and make it your new home!
Last Agent to Sell the Property
Diamond Homes Realty License #475102796 Listed on: 12/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,345
Year Built
- Built in 1956 | Remodeled in 2022
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 60x185
- Corner Lot
Parking
- 2 Car Detached Garage
- Gravel Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 823 Sq Ft Home
- Living Room
- Combination Kitchen and Dining Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Basement
- Partial Basement
- Basement Cellar
Schools
- Gray M Sanborn Elementary School
- Walter R Sundling Junior High Sc
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2022
Closed on
Mar 17, 2023
Sold by
Solarte Victor F
Bought by
Lowe Barbara
Seller's Agent
Andy Quiroz
Diamond Homes Realty
Buyer's Agent
Barbara Lowe
Compass
List Price
$239,900
Sold Price
$239,900
Total Days on Market
43
Views
114
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
$55,753
Avg. Annual Appreciation
9.92%
Original Mortgage
$227,905
Outstanding Balance
$222,536
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$73,117
Purchase Details
Closed on
May 5, 2022
Sold by
Chris Glintborg Trust
Bought by
Solarte Victor F
Purchase Details
Closed on
Jun 7, 2011
Sold by
Glintborg Kristian V
Bought by
Glintborg Chris and Chris Glintborg Trust
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 |
|---|---|---|---|
| Lowe Barbara | $240,000 | None Listed On Document | |
| Solarte Victor F | $320,000 | Starck Title | |
| Glintborg Chris | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lowe Barbara | $227,905 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2023 03/17/23 | Sold | $239,900 | 0.0% | $291 / Sq Ft |
| 01/16/2023 01/16/23 | Pending | -- | -- | -- |
| 12/03/2022 12/03/22 | For Sale | $239,900 | -- | $291 / 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 | $5,908 | $24,050 | $6,660 | $17,390 |
| 2023 | $5,908 | $24,050 | $6,660 | $17,390 |
| 2022 | $5,908 | $24,050 | $6,660 | $17,390 |
| 2021 | $4,345 | $16,710 | $3,885 | $12,825 |
| 2020 | $4,353 | $16,710 | $3,885 | $12,825 |
| 2019 | $4,353 | $18,608 | $3,885 | $14,723 |
| 2018 | $4,736 | $18,676 | $3,607 | $15,069 |
| 2017 | $4,881 | $19,383 | $3,607 | $15,776 |
| 2016 | $4,788 | $19,383 | $3,607 | $15,776 |
| 2015 | $4,063 | $15,846 | $3,330 | $12,516 |
| 2014 | $4,668 | $17,947 | $3,330 | $14,617 |
| 2013 | $3,975 | $17,947 | $3,330 | $14,617 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Quiroz
Seller's Agent in 2023
Andy Quiroz
Diamond Homes Realty
(847) 971-1051
6 in this area
121 Total Sales
-
Angelica Delgado
Seller Co-Listing Agent in 2023
Angelica Delgado
Diamond Homes Realty
(847) 401-8026
2 in this area
17 Total Sales
-
Barbara Lowe
Buyer's Agent in 2023
Barbara Lowe
Compass
1 in this area
29 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11682515
APN: 02-15-206-017-0000
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