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1060 East Randville Drive

1060 East Randville Drive, Palatine, IL 60074
House in Palatine
Sold Jul 05, 2018
$211,000
$199,000 by T2 Financial Llc
Mortgage Due Jan 01, 2052
Sold Dec 06, 2017
$133,000
Local assessors in Palatine, IL have categorized 1060 East Randville Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 1,760 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1060 East Randville Drive has a total of 1,443 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1060 East Randville Drive was last sold in Jun 14, 2018 for $211,000. According to our calculations, that's $146.22 per sqft. Prior to that sales transaction, the property was sold for $133,000 in Oct 24, 2017. Current property owners are expected to pay $4,462 in taxes per year. The property on 1060 East Randville Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,000. To break that down further, the land itself was valued at $4,000. While improvements to the property were assessed at a total of $15,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,760
  • Total Building Area: 1,443
  • Gross Building Area: 1,443
  • Building Area: 1,443
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,443
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: NORTH27 00 FT S322 68 FT W38 21 FT E1171 16 FT N17 42 FT S312 20 FT W 39 85 FT E1132 95 FT SEC12 NW4 S12

Ownership

  • Current Owner : NASH JEREMY
  • Current Owner 2: CARLSON TANYA
  • Previous Owner : MARSZALEK JADWIGA
  • Owner Before Previous Owner: ZEMKE GLEN
  • Owner Before Previous Owner 2: ZEMKE ERIC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803605

Geography

  • District: 29
  • Parcel: 02-12-102-020-0000
  • Meridian: SEC 12 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1327
  • Longitude: -88.0185

    Address

  • Full Address: 1060 E Randville Dr
  • Address - House Number: 1060
  • Street Direction: E
  • Address - Street Name: Randville
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C081
  • 4-Digit Zip Code: 2910
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,462
  • Tax Rate Code Area: 29134

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 278,140
  • High Value: 338,704
  • Low Value: 217,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,000
  • First Open Lien Mortgage Lender: T2 FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $199,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $40,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Jun 14, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Transaction ID: 11479372970
  • Current Sale Price: $211,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1818613025
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Contract Date: Oct 24, 2017
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 05, 2018
  • First Mortgage Loan Amount: $200,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Palatine



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  • 1,400 ft²
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Frequently Asked Questions

What neighborhood is 1060 East Randville Drive located in?
The 1060 East Randville Drive is a house located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 1060 East Randville Drive?
The average sales price for units in 1060 East Randville Drive is $159,900 , or $111/sqft. currently.

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