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403 North Carter Street

403 North Carter Street, Palatine, IL 60067
Property in Palatine
Sold Feb 23, 2021
$335,000
$310,000 by The Home Loan Expert Llc
Mortgage Due Jan 01, 2051
403 North Carter 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 1959 and is 65 years old. The home has a total of 7 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. The building has a total of 2 stories. In addition, 403 North Carter Street has 2,242 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,850 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 11,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 is one available parking space. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 403 North Carter Street sold most recently in Dec 15, 2020 for a total of $335,000. If you work out the math, that's approximately a cost of $149.42 per sqft. 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 $10,883 in taxes each year. 403 North Carter Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,000. If we break it down further, the land itself was valued at $6,660. Improvements to the property, however, were assessed at a total of $31,340. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,100
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,242
  • Gross Building Area: 2,242
  • Building Area: 2,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRILL & COS PALATINE HOMESITES
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANK E. (MERRILL) & COS (PALATINE)(HOMESITES) SUB IN PT OF NE SEC 15-42-10

Ownership

  • Current Owner : MEINZER FRANK C
  • Current Owner 2: MEINZER CHRISTY A
  • Previous Owner : BAUMGARTNER JOHN E
  • Previous Owner 2: BAUMGARTNER MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803701

Geography

  • District: 29
  • Parcel: 02-15-211-008-0000
  • Block: 11
  • Lot: 11
  • Meridian: SEC 15 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.118
  • Longitude: -88.0498

    Address

  • Full Address: 403 N Carter St
  • Address - House Number: 403
  • Street Direction: N
  • Address - Street Name: Carter
  • Address - Suffix Type: St
  • State: IL
  • City Name: Palatine
  • Carrier Code: C067
  • 4-Digit Zip Code: 2429
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,883
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 455,318
  • High Value: 558,657
  • Low Value: 351,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,000
  • First Open Lien Mortgage Lender: THE HOME LOAN EXPERT LLC
  • First Open Lien Mortgage Recording Date: Feb 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $310,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $66,600
  • Market Improvement Value: $313,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $6,660
  • Assessed Improvements Value: $31,340

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Feb 23, 2021
  • Current Sale Transaction ID: 11820295977
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2105401040

    Last Sale Mortgage

  • First Mortgage Lender: THE HOME LOAN EXPERT LLC
  • First Mortgage Transaction Date: Feb 23, 2021
  • First Mortgage Loan Amount: $310,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Palatine



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$1,750 /mo

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Frequently Asked Questions

What neighborhood is 403 North Carter Street located in?
The 403 North Carter Street is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 403 North Carter Street?
The average sales price for units in 403 North Carter Street is $0 currently.

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