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336 South Cedar Street

336 South Cedar Street, Palatine, IL 60067
Property in Palatine
Sold Aug 09, 2016
$320,000
$273,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2037
Sold Mar 21, 2012
$200,000
$150,000 by Provident Funding Group Inc
Mortgage Due Apr 01, 2042
336 South Cedar Street 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 1962 and is 62 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 336 South Cedar Street has 1,000 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 17,490 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. 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 2 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 masonry. 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. 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, 336 South Cedar Street sold most recently in Jul 27, 2016 for a total of $320,000. If you work out the math, that's approximately a cost of $320.00 per sqft. Before that, the property was also sold for $200,000 in Mar 8, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,326 in taxes each year. 336 South Cedar Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $10,494. Improvements to the property, however, were assessed at a total of $18,506. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,490
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARTHUR T MCINTOSH & COS NORTH
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GARTLEY KEVIN
  • Previous Owner : WANG XIUYING
  • Previous Owner 2: CHEN CHENGWEN
  • Owner Before Previous Owner: MACINTOSH KAREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803702

Geography

  • District: 29
  • Parcel: 02-22-117-015-0000
  • Block: 3
  • Lot: 2
  • Meridian: SEC 22 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1034
  • Longitude: -88.0538

    Address

  • Full Address: 336 S Cedar St
  • Address - House Number: 336
  • Street Direction: S
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: IL
  • City Name: Palatine
  • Carrier Code: C017
  • 4-Digit Zip Code: 6043
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,326
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 374,234
  • High Value: 459,171
  • Low Value: 289,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $273,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $273,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $104,940
  • Market Improvement Value: $185,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $10,494
  • Assessed Improvements Value: $18,506

    Sales

  • Current Sale Contract Date: Jul 27, 2016
  • Current Sale Recording Date: Aug 09, 2016
  • Current Sale Transaction ID: 1699709571
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1622262100
  • Previous Sale Recording Date: Mar 21, 2012
  • Previous Sale Contract Date: Mar 08, 2012
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 09, 2016
  • First Mortgage Loan Amount: $308,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • Previous Mortgage Transaction Date: Mar 21, 2012
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2042

About Palatine



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Frequently Asked Questions

What neighborhood is 336 South Cedar Street located in?
The 336 South Cedar Street is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 336 South Cedar Street?
The average sales price for units in 336 South Cedar Street is $0 currently.

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