647 E Balsam Ln Palatine, IL 60074
Reseda NeighborhoodEstimated Value: $495,438 - $541,000
3
Beds
3
Baths
1,526
Sq Ft
$340/Sq Ft
Est. Value
About This Home
This home is located at 647 E Balsam Ln, Palatine, IL 60074 and is currently estimated at $518,360, approximately $339 per square foot. 647 E Balsam Ln is a home located in Cook County with nearby schools including Virginia Lake Elementary School, Palatine High School, and St Thomas Of Villanova School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 26, 2004
Sold by
Dickerson Christopher L and Dickerson Karen M
Bought by
Lambert Theodore J and Lambert Shannon L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Outstanding Balance
$150,348
Interest Rate
6.17%
Mortgage Type
Unknown
Estimated Equity
$368,012
Purchase Details
Closed on
Jun 8, 1998
Sold by
Meyers Noreen K and Cox Noreen K
Bought by
Dickerson Chrisotpher L and Dickerson Karen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
6.87%
Purchase Details
Closed on
May 28, 1997
Sold by
Meyers Barry R
Bought by
Meyers Noreen K and Cox Norren K
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 |
|---|---|---|---|
| Lambert Theodore J | $391,500 | -- | |
| Dickerson Chrisotpher L | $253,000 | -- | |
| Meyers Noreen K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lambert Theodore J | $313,200 | |
| Previous Owner | Dickerson Chrisotpher L | $240,350 | |
| Closed | Lambert Theodore J | $58,725 |
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 |
|---|---|---|---|---|
| 2025 | $9,380 | $43,000 | $9,386 | $33,614 |
| 2024 | $9,380 | $35,000 | $7,904 | $27,096 |
| 2023 | $9,045 | $35,000 | $7,904 | $27,096 |
| 2022 | $9,045 | $35,000 | $7,904 | $27,096 |
| 2021 | $7,860 | $27,532 | $4,940 | $22,592 |
| 2020 | $7,816 | $27,532 | $4,940 | $22,592 |
| 2019 | $7,839 | $30,762 | $4,940 | $25,822 |
| 2018 | $9,726 | $34,731 | $4,446 | $30,285 |
| 2017 | $9,560 | $34,731 | $4,446 | $30,285 |
| 2016 | $9,140 | $34,731 | $4,446 | $30,285 |
| 2015 | $8,376 | $29,884 | $3,952 | $25,932 |
| 2014 | $8,291 | $29,884 | $3,952 | $25,932 |
| 2013 | $8,061 | $29,884 | $3,952 | $25,932 |
Source: Public Records
Map
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