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1221 Aberdeen Road

1221 Aberdeen Road, Palatine, IL 60067
House in Palatine
Sold Jun 10, 2021
$625,000
$335,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2051
Sold Oct 06, 1999
$520,000
$335,000 by Citibank
Mortgage Due Oct 01, 2029
1221 Aberdeen Road has been categorized by the local assessors in Palatine, IL as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1221 Aberdeen Road has 3,148 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 41,730 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 4 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1221 Aberdeen Road sold most recently in May 23, 2021 for a total of $625,000. If you work out the math, that's approximately a cost of $198.54 per sqft. Before that, the property was also sold for $520,000 in Nov 27, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,868 in taxes each year. 1221 Aberdeen Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,551. If we break it down further, the land itself was valued at $9,389. Improvements to the property, however, were assessed at a total of $46,162. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding
Aluminum Siding
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • 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: 4

    Dimensions

  • Lot Size Square Feet: 41,730
  • Total Building Area: 3,148
  • Gross Building Area: 3,148
  • Building Area: 3,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCINTOSH & CO. GOLF MEADOWS
  • Land Acres: 0.958
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARTHUR T. (MCINTOSH) & CO. (GOLF) (MEADOWS) SUB OF PT SEC 16-42-10

Ownership

  • Current Owner : REYNOLDS JASON ROBERT
  • Current Owner 2: REYNOLDS JENNIFER NICOLE
  • Previous Owner : WREND MARK J
  • Owner Before Previous Owner: PARROTTINO MICHAEL J
  • Owner Before Previous Owner 2: PARROTTINO DIANE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Parcel: 02-16-110-007-0000
  • Block: 51
  • Lot: 51
  • Meridian: SEC 16 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1222
  • Longitude: -88.0731

    Address

  • Full Address: 1221 Aberdeen Rd
  • Address - House Number: 1221
  • Address - Street Name: Aberdeen
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Inverness
  • Carrier Code: C006
  • 4-Digit Zip Code: 4387
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,868
  • Tax Rate Code Area: 29053

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 820,460
  • High Value: 982,967
  • Low Value: 657,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $335,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $555,510
  • Market Land Value: $93,890
  • Market Improvement Value: $461,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,551
  • Assessed Land Value: $9,389
  • Assessed Improvements Value: $46,162

    Sales

  • Current Sale Contract Date: May 23, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11838967864
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2116107140
  • Previous Sale Recording Date: Oct 06, 1999
  • Previous Sale Contract Date: Nov 27, 1998
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $335,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK
  • Previous Mortgage Transaction Date: Oct 06, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $335,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2029

About Inverness



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Frequently Asked Questions

What neighborhood is 1221 Aberdeen Road located in?
The 1221 Aberdeen Road is a house located in the neighborhood of Palatine in Inverness, Palatine.
What is the average sales price for listings in 1221 Aberdeen Road?
The average sales price for units in 1221 Aberdeen Road is $0 currently.

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