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2250 Thorntree Lane

2250 Thorntree Lane, Palatine, IL 60067
Property in Palatine
Sold Oct 13, 2020
$659,000
$510,000 by Draper & Kramer Mortgage Corp
Mortgage Due Sep 01, 2050
Sold Oct 09, 2014
$607,500
$417,000 by Us Bank Na
Mortgage Due Oct 01, 2044
2250 Thorntree Lane 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 2013 and is 11 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, 2250 Thorntree Lane has 3,578 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 20,665 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 3 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 C 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. The property was last sold in Aug 19, 2020 for $659,000. That's $184.18 per sqft. Prior to that sales transaction, the property was also sold in Sep 20, 2014 for $607,500. 2250 Thorntree Lane was last assessed in 2023. The total value of the property was assessed at $65,901. Specifically, the land the property is located on was valued at $11,366. While improvements on the property were assessed at a total of $54,535. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $19,685. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 20,665
  • Total Building Area: 3,578
  • Gross Building Area: 3,578
  • Building Area: 3,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLUM GROVE HIGH CREST
  • Land Acres: 0.474
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATEL SANGITABEN
  • Current Owner 2: PATEL JIGAR
  • Previous Owner : BARTOLUCCI RYAN M
  • Previous Owner 2: BARTOLUCCI KRISTIN L
  • Owner Before Previous Owner: IBG DEVCO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804109

Geography

  • District: 29
  • Parcel: 02-35-305-048-0000
  • Lot: 11,12
  • Municipality: PALATINE
  • Latitude: 42.0699
  • Longitude: -88.0406

    Address

  • Full Address: 2250 Thorntree Ln
  • Address - House Number: 2250
  • Address - Street Name: Thorntree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Palatine
  • Carrier Code: C007
  • 4-Digit Zip Code: 7514
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,685
  • Tax Rate Code Area: 29003

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 831,144
  • High Value: 995,768
  • Low Value: 666,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $659,010
  • Market Land Value: $113,660
  • Market Improvement Value: $545,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,901
  • Assessed Land Value: $11,366
  • Assessed Improvements Value: $54,535

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Transaction ID: 11792227109
  • Current Sale Price: $659,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2028517011
  • Previous Sale Recording Date: Oct 09, 2014
  • Previous Sale Contract Date: Sep 20, 2014
  • Previous Sale Amount: $607,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 13, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Oct 09, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Cook



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Nearby Rentals

Unit for rent at

$3,200 /mo

  • 3 Beds
  • 2 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 2250 Thorntree Lane located in?
The 2250 Thorntree Lane is a located in the neighborhood of Palatine in Cook, Palatine.
What is the average sales price for listings in 2250 Thorntree Lane?
The average sales price for units in 2250 Thorntree Lane is $0 currently.

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