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473 East Providence Road

473 East Providence Road, Palatine, IL 60074
House in Palatine
Sold Nov 09, 2020
$429,000
$321,750 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2050
Sold Aug 04, 2009
$453,000
$417,175 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2039
473 East Providence Road 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 1970 and is 54 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 473 East Providence Road has 2,767 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 1,310 ft and across the front of the lot is 760 ft. The area measurement of the land has been determined as 9,982 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 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. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Jul 30, 2020 for $429,000. That's $155.04 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2009 for $453,000. 473 East Providence Road was last assessed in 2023. The total value of the property was assessed at $43,000. Specifically, the land the property is located on was valued at $7,986. While improvements on the property were assessed at a total of $35,014. 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 $11,336. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 9,982
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,767
  • Gross Building Area: 2,767
  • Building Area: 2,767
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,767
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PEBBLE CREEK
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PEBBLE) (CREEK) BEING SUB OF PT SEC 14-42-10

Ownership

  • Current Owner : BUTSIC JOSEPH
  • Current Owner 2: BUTSIC VIRGINIA M
  • Previous Owner : AYYAD JIM
  • Previous Owner 2: AYYAD THEA
  • Owner Before Previous Owner: YEATS MICHAEL J
  • Owner Before Previous Owner 2: YEATS DEBORAH A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803605

Geography

  • District: 29
  • Parcel: 02-14-218-006-0000
  • Lot: 70
  • Meridian: SEC 14 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.124
  • Longitude: -88.0315

    Address

  • Full Address: 473 E Providence Rd
  • Address - House Number: 473
  • Street Direction: E
  • Address - Street Name: Providence
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Palatine
  • Carrier Code: C029
  • 4-Digit Zip Code: 3885
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,336
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2507
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 550,646
  • High Value: 688,719
  • Low Value: 412,572

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,750
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 09, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $321,750
  • 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: $430,000
  • Market Land Value: $79,860
  • Market Improvement Value: $350,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $7,986
  • Assessed Improvements Value: $35,014

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Nov 09, 2020
  • Current Sale Transaction ID: 11799681406
  • Current Sale Price: $429,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031255080
  • Previous Sale Recording Date: Aug 04, 2009
  • Previous Sale Contract Date: Jun 20, 2009
  • Previous Sale Amount: $453,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 09, 2020
  • First Mortgage Loan Amount: $321,750
  • 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: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Aug 04, 2009
  • Previous Mortgage Loan Amount: $417,175
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Palatine



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 473 East Providence Road located in?
The 473 East Providence Road is a house located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 473 East Providence Road?
The average sales price for units in 473 East Providence Road is $450,000 , or $163/sqft. currently.

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