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1065 North Smith Street

1065 North Smith Street, Palatine, IL 60067
Property in Palatine
Sold Dec 26, 2019
$290,000
$284,747 by Platinum Home Mortgage Corp
Mortgage Due Jan 01, 2050
Sold Aug 16, 2018
$186,000
Local assessors in Palatine, IL have categorized 1065 North Smith Street as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 10,010 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 4 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 1065 North Smith Street has a total of 1,856 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 are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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, 1065 North Smith Street was last sold in Dec 10, 2019 for $290,000. According to our calculations, that's $156.25 per sqft. Prior to that sales transaction, the property was sold for $186,000 in Jul 13, 2018. Current property owners are expected to pay $7,975 in taxes per year. The property on 1065 North Smith Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,000. To break that down further, the land itself was valued at $8,008. While improvements to the property were assessed at a total of $25,992. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,010
  • Total Building Area: 1,856
  • Gross Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENGLISH VALLEY UNIT TWO
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PAPADOPOULOS JUANITA A
  • Current Owner 2: PAPADOPOULOS ANNA MARIE
  • Previous Owner : JEMS CAPITAL GROUP LLC
  • Owner Before Previous Owner: JERUSAL GLORIA A
  • Owner Before Previous Owner 2: JERUSAL RICHARD S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803604

Geography

  • District: 29
  • Parcel: 02-10-206-015-0000
  • Meridian: SEC 10 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1333
  • Longitude: -88.0482

    Address

  • Full Address: 1065 N Smith St
  • Address - House Number: 1065
  • Street Direction: N
  • Address - Street Name: Smith
  • Address - Suffix Type: St
  • State: IL
  • City Name: Palatine
  • Carrier Code: C056
  • 4-Digit Zip Code: 2601
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,975
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 406,192
  • High Value: 498,382
  • Low Value: 314,002

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $349,790
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 26, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $284,747
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050
  • Second Open Lien Mortgage Lender: CORELOGIC SOLEX
  • Second Open Lien Mortgage Recording Date: Nov 01, 2021
  • Second Open Lien Mortgage Loan Amount: $65,043
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $80,080
  • Market Improvement Value: $259,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $8,008
  • Assessed Improvements Value: $25,992

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 26, 2019
  • Current Sale Transaction ID: 11712070017
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1936057127
  • Previous Sale Recording Date: Aug 16, 2018
  • Previous Sale Contract Date: Jul 13, 2018
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 26, 2019
  • First Mortgage Loan Amount: $284,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Palatine



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Frequently Asked Questions

What neighborhood is 1065 North Smith Street located in?
The 1065 North Smith Street is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 1065 North Smith Street?
The average sales price for units in 1065 North Smith Street is $0 currently.

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