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1565 East Citadel Court

1565 East Citadel Court, Palatine, IL 60074
Townhouse in Palatine
1565 East Citadel Court 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 1998 and is 26 years old. The home has a total of 3 bedrooms. In addition, 1565 East Citadel Court has 1,961 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 1,305,235 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 1565 East Citadel Court sold most recently in Sep 13, 2019 for a total of $243,000. If you work out the math, that's approximately a cost of $123.92 per sqft. Before that, the property was also sold for $297,000 in Mar 30, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,377 in taxes each year. 1565 East Citadel Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,529. If we break it down further, the land itself was valued at $5,187. Improvements to the property, however, were assessed at a total of $23,342. 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

Brick Exterior
Vinyl Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190425
04/25/2019
3 Bed
3 Bath
1961 ft²
$254,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1961 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,305,235
  • Total Building Area: 1,961
  • Gross Building Area: 1,961
  • Building Area: 1,961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,961
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COVENTRY PARK CONDO
  • Land Acres: 29.964
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : RULLO MEGAN R
  • Previous Owner : SPEDALE THOMAS
  • Previous Owner 2: SPEDALE SARA
  • Owner Before Previous Owner: CATLETT SCOTT
  • Owner Before Previous Owner 2: CATLETT JANET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803901

Geography

  • District: 29
  • Parcel: 02-24-203-044-1021
  • Block: 2008
  • Meridian: SEC 24 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1043
  • Longitude: -88.0071

    Address

  • Full Address: 1565 E Citadel Ct
  • Address - House Number: 1565
  • Street Direction: E
  • Address - Street Name: Citadel
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Palatine
  • Carrier Code: C057
  • 4-Digit Zip Code: 6828
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,377
  • Tax Rate Code Area: 29046

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 328,882
  • High Value: 401,233
  • Low Value: 256,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: CORNERSTONE NATIONAL BANK & TR
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $285,290
  • Market Land Value: $51,870
  • Market Improvement Value: $233,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,529
  • Assessed Land Value: $5,187
  • Assessed Improvements Value: $23,342

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Oct 10, 2019
  • Current Sale Transaction ID: 11660622715
  • Current Sale Price: $243,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1928308153
  • Previous Sale Recording Date: Apr 18, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $297,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE NATIONAL BANK & TR
  • First Mortgage Transaction Date: Oct 10, 2019
  • First Mortgage Loan Amount: $194,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PILLAR FINANCIAL LLC
  • Previous Mortgage Transaction Date: Apr 18, 2007
  • Previous Mortgage Loan Amount: $237,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About Palatine



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Frequently Asked Questions

What neighborhood is 1565 East Citadel Court located in?
The 1565 East Citadel Court is a townhouse located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 1565 East Citadel Court?
The average sales price for units in 1565 East Citadel Court is $0 currently.

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