NOT LISTED FOR SALE

602 E Palatine Rd Palatine, IL 60074

Downtown Palatine Neighborhood

Estimated Value: $407,000 - $422,000

4 Beds
2 Baths
1,607 Sq Ft
$256/Sq Ft Est. Value

About This Home

This home is located at 602 E Palatine Rd, Palatine, IL 60074 and is currently estimated at $411,726, approximately $256 per square foot. 602 E Palatine Rd is a home located in Cook County with nearby schools including Virginia Lake Elementary School, Palatine High School, and Immanuel Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Marsala Andrew J and Schmalz Gretchen L
Bought by
Gretchen M L Schmalz Trust and Schmalz
Current Estimated Value
$411,726

Purchase Details

Closed on
Dec 2, 2022
Sold by
Schmalz Gretchen L and Schmalz Andrew J
Bought by
Schmalz Gretchen L and Marsala Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,800
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2009
Sold by
Schmalz Henry Eric
Bought by
Schmalz Gretchen L

Purchase Details

Closed on
Apr 5, 2004
Sold by
Mcelroy Kathryn M and Mohr Kathryn
Bought by
Mcelroy Kathryn M and Schmalz Gretchen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Gretchen M L Schmalz Trust -- None Listed On Document
Schmalz Gretchen L -- None Listed On Document
Schmalz Gretchen L -- None Listed On Document
Schmalz Gretchen L -- None Available
Mcelroy Kathryn M -- Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmalz Gretchen L $175,800
Previous Owner Mcelroy Kathryn M $200,000
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
2025 $8,234 $36,000 $6,690 $29,310
2024 $8,234 $26,496 $5,734 $20,762
2023 $7,966 $27,815 $5,734 $22,081
2022 $7,966 $27,815 $5,734 $22,081
2021 $6,585 $20,277 $3,344 $16,933
2020 $6,487 $20,277 $3,344 $16,933
2019 $7,060 $24,616 $3,344 $21,272
2018 $7,472 $24,045 $3,106 $20,939
2017 $7,331 $24,045 $3,106 $20,939
2016 $6,818 $24,045 $3,106 $20,939
2015 $6,342 $20,640 $2,867 $17,773
2014 $6,265 $20,640 $2,867 $17,773
2013 $6,105 $20,640 $2,867 $17,773
Source: Public Records

Map

Illinois Cook County Palatine 60074 Downtown Palatine

602 E Palatine Rd, Palatine, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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