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46 South Glenwood Street

46 South Glenwood Street, Palatine, IL 60067
Property in Palatine
Sold Mar 11, 2020
$293,000
$234,000 by Home State Bank Na
Mortgage Due Mar 01, 2050
Sold Dec 09, 2016
$282,000
$267,900 by Wintrust Mortgage
Mortgage Due Nov 01, 2046
46 South Glenwood 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 1955 and is 69 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 46 South Glenwood Street has 1,509 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 1,330 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,500 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 detached 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. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 46 South Glenwood Street was last sold in Feb 26, 2020 for $293,000. According to our calculations, that's $194.17 per sqft. Prior to that sales transaction, the property was sold for $282,000 in Oct 10, 2016. Current property owners are expected to pay $7,040 in taxes per year. The property on 46 South Glenwood Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,000. To break that down further, the land itself was valued at $5,100. While improvements to the property were assessed at a total of $22,900. 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: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,509
  • Gross Building Area: 1,509
  • Building Area: 1,509
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,509
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE VIEW ADD TO PALATINE
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PRAIRIE)(VIEW)ADD TO(PALATINE)SUB OF PT LYING N OF C &N.W.RR EXCEPT W 7ACRES THEREOF IN EH NW SEC 23-42-10

Ownership

  • Current Owner : GERBRACHT SUSAN C
  • Previous Owner : PARKER THOMAS DUNCAN
  • Previous Owner 2: PARKER JENNIFER M
  • Owner Before Previous Owner: GASPAR MARK
  • Owner Before Previous Owner 2: MONSON TRACY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-23-101-019-0000
  • Block: 3
  • Lot: 9
  • Meridian: SEC 23 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.109
  • Longitude: -88.0368

    Address

  • Full Address: 46 S Glenwood St
  • Address - House Number: 46
  • Street Direction: S
  • Address - Street Name: Glenwood
  • Address - Suffix Type: St
  • State: IL
  • City Name: Palatine
  • Carrier Code: C052
  • 4-Digit Zip Code: 6225
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,040
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 359,920
  • High Value: 442,104
  • Low Value: 277,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,000
  • First Open Lien Mortgage Lender: HOME STATE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 11, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $234,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $51,000
  • Market Improvement Value: $229,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $22,900

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: Mar 11, 2020
  • Current Sale Transaction ID: 11745667669
  • Current Sale Price: $293,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007157022
  • Previous Sale Recording Date: Dec 09, 2016
  • Previous Sale Contract Date: Oct 10, 2016
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME STATE BANK NA
  • First Mortgage Transaction Date: Mar 11, 2020
  • First Mortgage Loan Amount: $234,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Dec 09, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $267,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Palatine



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Frequently Asked Questions

What neighborhood is 46 South Glenwood Street located in?
The 46 South Glenwood Street is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 46 South Glenwood Street?
The average sales price for units in 46 South Glenwood Street is $0 currently.

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