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163 South Fremont Street

163 South Fremont Street, Palatine, IL 60067
Property in Palatine
Sold Apr 17, 2017
$287,000
$187,000 by Mb Financial Bank Na
Mortgage Due May 01, 2047
Sold Sep 20, 2012
$328,500
$164,250 by Quicken Loans Inc
Mortgage Due Oct 01, 2042
163 South Fremont Street in Palatine, IL was first built in 1951 and is 73 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 style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 163 South Fremont Street has 912 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 6,650 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 no garage. 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 air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 163 South Fremont Street was last sold in Apr 7, 2017 for $287,000. According to our calculations, that's $314.69 per sqft. Prior to that sales transaction, the property was sold for $328,500 in Aug 31, 2012. Current property owners are expected to pay $7,160 in taxes per year. The property on 163 South Fremont Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,000. To break that down further, the land itself was valued at $3,990. While improvements to the property were assessed at a total of $21,010. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,650
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARTHUR T MCINTOSH & COMPANYS PLUM GR
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SEXTON MARY CATHERINE
  • Previous Owner : KELLY TERESA
  • Owner Before Previous Owner: RUSIN DENNIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803800

Geography

  • District: 29
  • Parcel: 02-23-109-013-0000
  • Block: 1
  • Lot: 1,2
  • Meridian: SEC 23 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1067
  • Longitude: -88.0398

    Address

  • Full Address: 163 S Fremont St
  • Address - House Number: 163
  • Street Direction: S
  • Address - Street Name: Fremont
  • Address - Suffix Type: St
  • State: IL
  • City Name: Palatine
  • Carrier Code: C072
  • 4-Digit Zip Code: 6209
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,160
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 334,477
  • High Value: 410,390
  • Low Value: 258,564

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,000
  • First Open Lien Mortgage Lender: MB FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Apr 17, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $187,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $39,900
  • Market Improvement Value: $210,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $3,990
  • Assessed Improvements Value: $21,010

    Sales

  • Current Sale Contract Date: Apr 07, 2017
  • Current Sale Recording Date: Apr 17, 2017
  • Current Sale Transaction ID: 1812240167
  • Current Sale Price: $287,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1710708199
  • Previous Sale Recording Date: Sep 20, 2012
  • Previous Sale Contract Date: Aug 31, 2012
  • Previous Sale Amount: $328,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Apr 17, 2017
  • First Mortgage Loan Amount: $187,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Sep 20, 2012
  • Previous Mortgage Loan Amount: $164,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Palatine



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Nearby Rentals

Unit for rent at 252 W Hamilton Drive, Palatine, IL, 60067

$2,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,225 ft²
252 W Hamilton Drive, Palatine, IL, 60067 Listing by Abhijit Leekha

Frequently Asked Questions

What neighborhood is 163 South Fremont Street located in?
The 163 South Fremont Street is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 163 South Fremont Street?
The average sales price for units in 163 South Fremont Street is $0 currently.

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