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575 Plymouth Drive

575 Plymouth Drive, Palatine, IL 60067
Property in Palatine
Sold Oct 18, 2021
$729,000
$542,250 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2051
Sold Jan 10, 2008
$847,500
$555,000 by The Northern Trust Co
Mortgage Due Jan 01, 2038
575 Plymouth Drive 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 1976 and is 48 years old. The home has a total of 10 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 575 Plymouth Drive has 4,103 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 52,163 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 3 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 masonry 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 well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 575 Plymouth Drive sold most recently in Oct 8, 2021 for a total of $729,000. If you work out the math, that's approximately a cost of $177.67 per sqft. Before that, the property was also sold for $847,500 in Dec 19, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $17,775 in taxes each year. 575 Plymouth Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,947. If we break it down further, the land itself was valued at $15,649. Improvements to the property, however, were assessed at a total of $53,298. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 52,163
  • Total Building Area: 4,103
  • Gross Building Area: 4,103
  • Building Area: 4,103
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,103
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MCINTOSH &COS BRAEMAR OF INVERNESS
  • Land Acres: 1.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARTHUR T (MCINTOSH) &COS (BRAEMAR) OF (INVERNESS) SUB OF PT SECS20-21,28 SEC 20-42-10

Ownership

  • Current Owner : MANN ALVIN
  • Current Owner 2: MANN HEATHER
  • Previous Owner : CANNING MICHAEL G
  • Previous Owner 2: CANNING MELISSA L
  • Owner Before Previous Owner: CASSADY ALLISON J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804102

Geography

  • District: 29
  • Parcel: 02-21-305-008-0000
  • Lot: 14
  • Meridian: SEC 20 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0985
  • Longitude: -88.0823

    Address

  • Full Address: 575 Plymouth Dr
  • Address - House Number: 575
  • Address - Street Name: Plymouth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Inverness
  • Carrier Code: C045
  • 4-Digit Zip Code: 4646
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,775
  • Tax Rate Code Area: 29136

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 817,612
  • High Value: 979,555
  • Low Value: 655,669

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $542,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $542,250
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $689,470
  • Market Land Value: $156,490
  • Market Improvement Value: $532,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,947
  • Assessed Land Value: $15,649
  • Assessed Improvements Value: $53,298

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11860140496
  • Current Sale Price: $729,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2129134019
  • Previous Sale Recording Date: Jan 10, 2008
  • Previous Sale Contract Date: Dec 19, 2007
  • Previous Sale Amount: $847,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $542,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN TRUST CO
  • Previous Mortgage Transaction Date: Jan 10, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $555,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 01, 2038

About Inverness



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Frequently Asked Questions

What neighborhood is 575 Plymouth Drive located in?
The 575 Plymouth Drive is a located in the neighborhood of Palatine in Inverness, Palatine.
What is the average sales price for listings in 575 Plymouth Drive?
The average sales price for units in 575 Plymouth Drive is $0 currently.

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