Seller's Agent in 2022
Elizabeth Goodchild
Realty of America
(847) 691-2976
15 in this area
670 Total Sales
249 E Palatine Rd Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $391,000 - $654,000
5
Beds
2
Baths
2,574
Sq Ft
$180/Sq Ft
Est. Value
About This Home
As of February 2022Huge Price drop. Get your offers in quick!!! Large regal home 4 Bedroom with a 5th bedroom in the basement. Could be a 2 flat if rezoned that way as it has another Kitchen upstairs with a separate entrance to the second floor. Could be a great income property once updated. 2 car garage out back and huge front porch.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,597
Year Built
- 1927
Lot Details
- 6,534
Parking
- Detached Garage
- Driveway
- Parking Space is Owned
Home Design
- Cedar
Interior Spaces
- 2-Story Property
- Partially Finished Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2021
Closed on
Jan 26, 2022
Sold by
Chicago Title Land Trust Co
Bought by
Malhotra Bhaskar
Seller's Agent
Elizabeth Goodchild
Realty of America
Buyer's Agent
Iti Gupta
Best U.S. Realty
List Price
$325,000
Sold Price
$247,000
Premium/Discount to List
-$78,000
-24%
Total Days on Market
223
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,473
Avg. Annual Appreciation
20.81%
Purchase Details
Closed on
Feb 27, 2001
Sold by
Mckerlie Geraldine A and Mckerlie David Clyde
Bought by
North Star Trust Company and Trust #01-3259
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malhotra Bhaskar | $247,000 | -- | |
| North Star Trust Company | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paggi Geraldine A | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $247,000 | -24.0% | $96 / Sq Ft |
| 12/30/2021 12/30/21 | Pending | -- | -- | -- |
| 05/21/2021 05/21/21 | For Sale | $325,000 | -- | $126 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $10,597 | $37,000 | $3,960 | $33,040 |
| 2023 | $10,597 | $37,000 | $3,960 | $33,040 |
| 2022 | $10,597 | $37,000 | $3,960 | $33,040 |
| 2021 | $13,066 | $40,230 | $2,310 | $37,920 |
| 2020 | $12,870 | $40,230 | $2,310 | $37,920 |
| 2019 | $11,078 | $44,800 | $2,310 | $42,490 |
| 2018 | $8,244 | $32,710 | $2,145 | $30,565 |
| 2017 | $8,944 | $32,710 | $2,145 | $30,565 |
| 2016 | $8,567 | $32,710 | $2,145 | $30,565 |
| 2015 | $7,976 | $28,582 | $1,980 | $26,602 |
| 2014 | $7,896 | $28,582 | $1,980 | $26,602 |
| 2013 | $7,676 | $28,582 | $1,980 | $26,602 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Goodchild
-
David Goodchild
Seller Co-Listing Agent in 2022
David Goodchild
Realty of America
(847) 312-3890
4 in this area
101 Total Sales
-
Iti Gupta
I
Buyer's Agent in 2022
Iti Gupta
Best U.S. Realty
(630) 596-5600
1 in this area
4 Total Sales
Map
Similar Homes in Palatine, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11091319
APN: 02-23-101-113-0000
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