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2405 Highland Drive

2405 Highland Drive, Palatine, IL 60067
Property in Palatine
Sold Jan 08, 2019
$485,000
$376,500 by Home Point Financial Corporati
Mortgage Due Aug 01, 2051
Sold Mar 03, 2005
$521,000
$416,800 by Provident Funding Group Inc
Mortgage Due Mar 01, 2035
2405 Highland Drive in Palatine, IL was first built in 1980 and is 44 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, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2405 Highland Drive has 3,342 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 6,364 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 2 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 masonry 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 masonry. 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. 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, 2405 Highland Drive was last sold in Jan 2, 2019 for $485,000. According to our calculations, that's $145.12 per sqft. Prior to that sales transaction, the property was sold for $521,000 in Feb 25, 2005. Current property owners are expected to pay $7,648 in taxes per year. The property on 2405 Highland Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,872. To break that down further, the land itself was valued at $6,682. While improvements to the property were assessed at a total of $20,190. 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. 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!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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,364
  • Total Building Area: 3,342
  • Gross Building Area: 3,342
  • Building Area: 3,342
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,342
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND MEADOWS
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HIGHLAND)(MEADOWS) BEING SUB OF PTS OF SW SEC27 THE NE SEC28 & PT OF LT1 IN GEISLERS SUB NE SEC 28-42-10

Ownership

  • Current Owner : SUN SUSANNA
  • Previous Owner : PANCORVO JOHN B
  • Previous Owner 2: PANCORVO DOERNICA M
  • Owner Before Previous Owner: DANIELS PATRICK J
  • Owner Before Previous Owner 2: DANIELS JANET M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804000

Geography

  • District: 29
  • Parcel: 02-28-401-013-0000
  • Block: 2
  • Lot: 1
  • Meridian: SEC 28 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0843
  • Longitude: -88.0632

    Address

  • Full Address: 2405 Highland Dr
  • Address - House Number: 2405
  • Address - Street Name: Highland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rolling Meadows
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,648
  • Tax Rate Code Area: 29061

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 347,181
  • High Value: 410,274
  • Low Value: 284,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,500
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $376,500
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $268,720
  • Market Land Value: $66,820
  • Market Improvement Value: $201,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,872
  • Assessed Land Value: $6,682
  • Assessed Improvements Value: $20,190

    Sales

  • Current Sale Contract Date: Jan 02, 2019
  • Current Sale Recording Date: Jan 08, 2019
  • Current Sale Transaction ID: 11558185860
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1900857004
  • Previous Sale Recording Date: Mar 03, 2005
  • Previous Sale Contract Date: Feb 25, 2005
  • Previous Sale Amount: $521,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Jan 08, 2019
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • Previous Mortgage Transaction Date: Mar 03, 2005
  • Previous Mortgage Loan Amount: $416,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Rolling Meadows



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Frequently Asked Questions

What neighborhood is 2405 Highland Drive located in?
The 2405 Highland Drive is a located in the neighborhood of Palatine in Rolling Meadows, Palatine.
What is the average sales price for listings in 2405 Highland Drive?
The average sales price for units in 2405 Highland Drive is $0 currently.

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