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1305 West Quail Hollow Lane

1305 West Quail Hollow Lane, Palatine, IL 60067
Property in Palatine
Sold Nov 10, 2020
$485,000
$388,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2035
1305 West Quail Hollow Lane in Palatine, IL was first built in 1994 and is 30 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 unknown. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1305 West Quail Hollow Lane has 2,611 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 10,353 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 3 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1305 West Quail Hollow Lane sold most recently in Jul 12, 2020 for a total of $485,000. If you work out the math, that's approximately a cost of $185.75 per sqft. 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 $12,911 in taxes each year. 1305 West Quail Hollow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,502. If we break it down further, the land itself was valued at $12,424. Improvements to the property, however, were assessed at a total of $36,078. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 3

    Dimensions

  • Lot Size Square Feet: 10,353
  • Total Building Area: 2,611
  • Gross Building Area: 2,611
  • Building Area: 2,611
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,611
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINDHILL 02
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L17 WINDHILL 2 SUBD NE1/4 SW1/4 & SE1/4 NW1/4 S28 T42N R10E

Ownership

  • Current Owner : WU XIAONAN
  • Current Owner 2: ZHANG YALONG
  • Previous Owner : LOSCH ERNEST P
  • Previous Owner 2: LOSCH THERESA 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: 804102

Geography

  • District: 29
  • Parcel: 02-28-114-017-0000
  • Lot: 17
  • Meridian: SEC 28 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0892
  • Longitude: -88.0748

    Address

  • Full Address: 1305 W Quail Hollow Ln
  • Address - House Number: 1305
  • Street Direction: W
  • Address - Street Name: Quail Hollow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Palatine
  • Carrier Code: C032
  • 4-Digit Zip Code: 9107
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,911
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 600,644
  • High Value: 735,583
  • Low Value: 465,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Loan Amount: $388,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $485,020
  • Market Land Value: $124,240
  • Market Improvement Value: $360,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,502
  • Assessed Land Value: $12,424
  • Assessed Improvements Value: $36,078

    Sales

  • Current Sale Contract Date: Jul 12, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Transaction ID: 11802489337
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2031355035

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 10, 2020
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2035

About Palatine



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Frequently Asked Questions

What neighborhood is 1305 West Quail Hollow Lane located in?
The 1305 West Quail Hollow Lane is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 1305 West Quail Hollow Lane?
The average sales price for units in 1305 West Quail Hollow Lane is $0 currently.

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