NOT LISTED FOR SALE

550 E Home Ave Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $659,000 - $754,000

4 Beds
3 Baths
3,055 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 550 E Home Ave, Palatine, IL 60074 and is currently estimated at $709,605, approximately $232 per square foot. 550 E Home Ave 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
Aug 24, 2023
Sold by
Sabatello Rick A
Bought by
Rick A Sabatello Revocable Living Trust and Sabatello
Current Estimated Value
$709,605

Purchase Details

Closed on
Feb 19, 2009
Sold by
Sabatello Maria C
Bought by
Rick A Sabatello Revocable Living Trust

Purchase Details

Closed on
Nov 10, 2006
Sold by
Sabatello Rick A and Sabatello Maria C
Bought by
Liv Sabatello Rick A and Rick A Sabatello Revocable Living Trust

Purchase Details

Closed on
Nov 1, 1997
Sold by
Concord Mills Ltd Partnership
Bought by
Sabatello Rick A and Sabatello Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,850
Interest Rate
7.45%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Rick A Sabatello Revocable Living Trust -- None Listed On Document
Rick A Sabatello Revocable Living Trust -- None Available
Liv Sabatello Rick A -- None Available
Sabatello Rick A $321,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabatello Rick A $127,600
Previous Owner Sabatello Rick A $236,850
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 $13,978 $46,894 $11,700 $35,194
2023 $13,492 $50,529 $11,700 $38,829
2022 $13,492 $50,529 $11,700 $38,829
2021 $12,624 $42,201 $6,750 $35,451
2020 $12,509 $42,201 $6,750 $35,451
2019 $13,109 $49,138 $6,750 $42,388
2018 $12,166 $42,582 $6,075 $36,507
2017 $12,317 $43,774 $6,075 $37,699
2016 $12,873 $47,898 $6,075 $41,823
2015 $12,073 $41,918 $5,625 $36,293
2014 $11,943 $41,918 $5,625 $36,293
2013 $11,620 $41,918 $5,625 $36,293
Source: Public Records

Map

Illinois Cook County Palatine 60074 Virginia Lake

550 E Home Ave, Palatine, IL

This home is located at 550 E Home Ave, Palatine, IL 60074 and is currently estimated at $709,605, approximately $232 per square foot. 550 E Home Ave 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.

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