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1145 East Meadow Lake Drive

1145 East Meadow Lake Drive, Palatine, IL 60074
Property in Palatine
Sold Nov 08, 2021
$358,000
$351,515 by United Wholesale Mortgage
Mortgage Due Dec 01, 2051
Sold Oct 23, 2009
$325,000
$225,000 by Leslie M Klingberg Etal
Mortgage
1145 East Meadow Lake Drive in Palatine, IL was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1145 East Meadow Lake Drive has 1,050 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,725 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Oct 11, 2021 for $358,000. That's $340.95 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2009 for $325,000. 1145 East Meadow Lake Drive was last assessed in 2023. The total value of the property was assessed at $30,000. Specifically, the land the property is located on was valued at $3,780. While improvements on the property were assessed at a total of $26,220. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,592. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,725
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWLAKE
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 124 IN MEADOWLAKE SUBDIVISION A PLANNED UNIT DEVELOPMENT IN E2 SW4 OF SEC12 T42N R10E 3P

Ownership

  • Current Owner : RAMOS NOHEMI E
  • Current Owner 2: CAMACHO ROBERTO
  • Previous Owner : KLINGBERG SCOTT A
  • Previous Owner 2: KLINGBERG LAURA A
  • Owner Before Previous Owner: KLINGBERG LESLIE M
  • Owner Before Previous Owner 2: KLINGBERG MARGARET J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-12-317-013-0000
  • Lot: 124
  • Meridian: SEC 12 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1299
  • Longitude: -88.0155

    Address

  • Full Address: 1145 E Meadow Lake Dr
  • Address - House Number: 1145
  • Street Direction: E
  • Address - Street Name: Meadow Lake
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C081
  • 4-Digit Zip Code: 8761
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,592
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 390,549
  • High Value: 467,984
  • Low Value: 313,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $351,515
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $351,515
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $37,800
  • Market Improvement Value: $262,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $26,220

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11865942081
  • Current Sale Price: $358,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2131249150
  • Previous Sale Recording Date: Oct 23, 2009
  • Previous Sale Contract Date: Oct 10, 2009
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $351,515
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LESLIE M KLINGBERG ETAL
  • Previous Mortgage Transaction Date: Oct 23, 2009
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Palatine



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Frequently Asked Questions

What neighborhood is 1145 East Meadow Lake Drive located in?
The 1145 East Meadow Lake Drive is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 1145 East Meadow Lake Drive?
The average sales price for units in 1145 East Meadow Lake Drive is $0 currently.

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