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Palatine 60074
146 N David Drive
$268,000
● House - Off Market

146 N David Drive

PALATINE, IL 60074
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$613,334
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Large addition in 2002 w/great room concept. Bright ktch/w lots of cabs. island, pantry, desk, eating area. Formal dining & lrm w/ open flr plan, great for entertaining. Brand new 2012 2ndlv bath w/ neutral fin. & granite. Large fenced yrd, grand deck. Newer windows & wood doors 2004.  Tear off Roof in 2001. Convenient LL w/ 4th bdrm full bth. Sub bsmnt for strg. A/C, HVAC 2004. Extra drwy ad. 02.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$143
Property Type
House
Property Taxes
$624
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,048
  • Total Building Area: 1,592
  • Gross Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSTON PARK NORTHWEST UNIT1
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (WINSTON) PARK (NORTHWEST)(UNIT1) SUB IN SEC 13-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803607

Geography

  • District: 29
  • Parcel: 02-13-409-006-0000
  • Block: 16
  • Lot: 6
  • Meridian: SEC 13 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1133
  • Longitude: -88.0138

    Address

  • Full Address: 146 N David Dr
  • Legal Unit: 1
  • Address - House Number: 146
  • Street Direction: N
  • Address - Street Name: David
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C016
  • 4-Digit Zip Code: 5653
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $847,148
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 404,852
  • High Value: 497,297
  • Low Value: 312,408

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $72,380
  • Market Improvement Value: $257,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $7,238
  • Assessed Improvements Value: $25,762

    Sales

  • Current Sale Contract Date: May 17, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2028141018
  • Previous Sale Recording Date: Sep 06, 2012
  • Previous Sale Contract Date: Aug 03, 2012
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palatine

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1758 ft²

Average Home Age

43.9 years

Currently For Sale

110 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 207 N Wilke Road, Palatine, IL, 60074

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,500 ft²
207 N Wilke Road, Palatine, IL, 60074 Listing by Sunil Gupta
Unit for rent at 101 N Yale Avenue, Arlington Heights, IL, 60005

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,166 ft²
101 N Yale Avenue, Arlington Heights, IL, 60005 Listing by Joanna Wieclaw

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ilona Leber, Baird & Warner
Data Source: MRED, MLS# MRD08037796
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 146 North David Drive built and last sold?
The property at 146 North David Drive was built in 1959 and last sold on May 17, 2020 for $327,500.
How much is this home worth?
The estimated value of the home located at 146 North David Drive is $0.
What are some comparable homes to 146 North David Drive?
There are currently no comparable homes to 146 North David Drive.
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