NOT LISTED FOR SALE

996 W Palatine Rd Palatine, IL 60067

Estimated Value: $285,000 - $471,000

3 Beds
2 Baths
1,033 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $185,000 $179 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,421/month

22 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Breakfast Bar
  • William Fremd High School Rated A+
  • Attached Garage
  • Patio

About This Home

As of December 2020

Check out this incredible investment opportunity. Single-family home that sits on almost a 1/2 acre is perfect to rehab or build something new. The property next door to the west (1002 W Palatine Rd) could also be potentially available in a package deal. The property is in a premium location, just minutes from downtown Palatine, Harper College, the Metra, restaurants, shopping, and top-rated schools.

Last Agent to Sell the Property

Andrew Stoll

Stoll Real Estate License #471018925 Listed on: 10/08/2020

Last Buyer's Agent

Thomas Kloss

Starting Point Realty License #475163525

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,105

Year Built

  • 1940

Lot Details

  • 0.45

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Additional Features

  • Wood Flooring
  • Partial Basement
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,105

Year Built

1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer, Water Softener Owned
  • Equipment: Water-Softener Owned, Ceiling Fan, Sump Pump
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level, Flooring: Vinyl, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 20X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1033
  • Family Room: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Wood Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.4591

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 20000
  • Parcel Identification Number: 02164110090000

Tax Info

  • Taxes: 6309.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Vasquez Brian
Bought by
Landshark Realty Llc
Current Estimated Value
$348,698

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 2, 2020
Sold by
Chen Tsewei and Chen Hua H
Bought by
Vasquez Brian
Seller's Agent
Andrew Stoll
Stoll Real Estate
Buyer's Agent
Thomas Kloss
Starting Point Realty
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%
Original Mortgage
$157,250
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
Bruns Jack
Bought by
Chen Tsewei and Tsewei Chen Living Trust

Purchase Details

Closed on
Sep 1, 1998
Sold by
Brztowski George
Bought by
Declara Brzostowski George J H and George J H Brzostowski Declaration Trust

Purchase Details

Closed on
Jun 12, 1997
Sold by
Brztowski Henry L and Brztowski Estelle
Bought by
Brztowski George
Source: Public Records

Range of Values:

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Average Value
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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
Landshark Realty Llc -- Attorney
Vasquez Brian $185,000 Chicago Title
Chen Tsewei $170,000 Fidelity National Title
Declara Brzostowski George J H -- Ticor Title Insurance
Brztowski George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Brian $157,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $185,000 -7.5% $179 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $200,000 -4.8% $194 / Sq Ft
10/08/2020 10/08/20 For Sale $210,000 -- $203 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,105 $24,000 $12,000 $12,000
2023 $6,874 $24,000 $12,000 $12,000
2022 $6,874 $24,000 $12,000 $12,000
2021 $6,132 $18,880 $7,000 $11,880
2020 $6,040 $18,880 $7,000 $11,880
2019 $6,309 $21,999 $7,000 $14,999
2018 $5,500 $17,698 $6,500 $11,198
2017 $5,396 $17,698 $6,500 $11,198
2016 $5,018 $17,698 $6,500 $11,198
2015 $5,546 $18,050 $6,000 $12,050
2014 $5,479 $18,050 $6,000 $12,050
2013 $5,338 $18,050 $6,000 $12,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10897049

Midwest Real Estate Data (MRED)

APN: 02-16-411-009-0000