516 Palace Ct Unit 113 Schaumburg, IL 60194
West Schaumburg NeighborhoodEstimated Value: $246,000 - $257,000
2
Beds
2
Baths
1,250
Sq Ft
$201/Sq Ft
Est. Value
About This Home
This home is located at 516 Palace Ct Unit 113, Schaumburg, IL 60194 and is currently estimated at $250,780, approximately $200 per square foot. 516 Palace Ct Unit 113 is a home located in Cook County with nearby schools including Elizabeth Blackwell Elementary School, Jane Addams Junior High School, and Hoffman Estates High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2023
Sold by
Rodriguez Elizabeth
Bought by
Mote Marco
Current Estimated Value
Purchase Details
Closed on
Jan 31, 2002
Sold by
Park Jin S
Bought by
Mote Marco and Rodriguez Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,867
Interest Rate
7.24%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 13, 1993
Sold by
Pyon Song Chris and Pyon Hyun Sook
Bought by
Park David I and Park Jin S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
7.15%
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 |
---|---|---|---|
Mote Marco | -- | Chicago Title | |
Mote Marco | $141,500 | Chicago Title Insurance Co | |
Park David I | $58,666 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Mote Marco | $135,000 | |
Previous Owner | Mote Marco | $136,867 | |
Previous Owner | Park Jin S | $112,000 | |
Previous Owner | Park Jin S | $59,000 | |
Previous Owner | Park David I | $35,000 | |
Previous Owner | Park David I | $70,400 |
Source: Public Records
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 | $3,428 | $15,503 | $2,185 | $13,318 |
2023 | $3,301 | $15,503 | $2,185 | $13,318 |
2022 | $3,301 | $15,503 | $2,185 | $13,318 |
2021 | $2,805 | $12,500 | $3,823 | $8,677 |
2020 | $2,835 | $12,500 | $3,823 | $8,677 |
2019 | $2,852 | $13,907 | $3,823 | $10,084 |
2018 | $1,966 | $9,879 | $3,222 | $6,657 |
2017 | $1,948 | $9,879 | $3,222 | $6,657 |
2016 | $2,071 | $9,879 | $3,222 | $6,657 |
2015 | $1,631 | $7,985 | $2,840 | $5,145 |
2014 | $1,630 | $7,985 | $2,840 | $5,145 |
2013 | $1,630 | $8,185 | $2,840 | $5,345 |
Source: Public Records
Map
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