NOT LISTED FOR SALE

509 E Mill Valley Rd Palatine, IL 60074

Reseda Neighborhood

Estimated Value: $537,000 - $570,000

4 Beds
3 Baths
2,350 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 509 E Mill Valley Rd, Palatine, IL 60074 and is currently estimated at $549,446, approximately $233 per square foot. 509 E Mill Valley Rd is a home located in Cook County with nearby schools including Virginia Lake Elementary School, Walter R. Sundling Junior High School, and Palatine High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2017
Sold by
Butters Dean T and Butters Rachael E
Bought by
Korney Steven
Current Estimated Value
$549,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$109,335
Interest Rate
3.9%
Estimated Equity
$426,403

Purchase Details

Closed on
Mar 9, 2011
Sold by
Butters Dean T and Butters Rachael E
Bought by
Butters Dean T and Butters Rachael E

Purchase Details

Closed on
Aug 25, 2008
Sold by
Herzler Maggie P
Bought by
Butters Dean and Butters Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,250
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2008
Sold by
Herzler Maggie P
Bought by
Herzler Maggie P and Robert E Herzler Family B Trust

Purchase Details

Closed on
May 2, 1997
Sold by
Herzler Robert E and Herzler Maggie P
Bought by
Herzler Robert E and Herzler Maggie P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Korney Steven $390,000 Chicago Title
Butters Dean T -- None Available
Butters Dean $377,500 First American Title
Herzler Maggie P -- None Available
Herzler Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korney Steven $130,000
Closed Korney Steven $130,000
Previous Owner Butters Dean T $275,000
Previous Owner Butters Dean T $278,000
Previous Owner Butters Dean $286,650
Previous Owner Butters Dean $281,000
Previous Owner Butters Dean $274,350
Previous Owner Butters Dean $264,250
Source: Public Records

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 $10,268 $35,758 $8,050 $27,708
2023 $9,904 $38,000 $8,050 $29,950
2022 $9,904 $38,000 $8,050 $29,950
2021 $9,045 $31,181 $5,031 $26,150
2020 $8,983 $31,181 $5,031 $26,150
2019 $9,008 $34,840 $5,031 $29,809
2018 $9,696 $31,200 $4,527 $26,673
2017 $8,827 $32,328 $4,527 $27,801
2016 $8,458 $32,328 $4,527 $27,801
2015 $9,357 $33,078 $4,024 $29,054
2014 $9,260 $33,078 $4,024 $29,054
2013 $9,005 $33,078 $4,024 $29,054
Source: Public Records

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