Check Availability

650 West Echo Lane

650 West Echo Lane, Palatine, IL 60067
Property in Palatine
Sold Aug 09, 2016
$667,500
$417,000 by Provident Funding Associates L
Mortgage Due Sep 01, 2031
Sold Jan 26, 2011
$600,000
$552,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2041
650 West Echo Lane in Palatine, IL was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 650 West Echo Lane has 4,448 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 5,000. In total, the area measurement of the land is 49,963 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 650 West Echo Lane was last sold in Jul 26, 2016 for $667,500. According to our calculations, that's $150.07 per sqft. Prior to that sales transaction, the property was sold for $600,000 in Dec 4, 2010. Current property owners are expected to pay $20,760 in taxes per year. The property on 650 West Echo Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,001. To break that down further, the land itself was valued at $24,982. While improvements to the property were assessed at a total of $50,019. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 49,963
  • Lot Size Depth Feet: 5,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,448
  • Gross Building Area: 4,448
  • Building Area: 4,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MCINTOSH &COS DEER GROVE FARMS
  • Land Acres: 1.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARTHUR T (MCINTOSH) &COS (DEER) (GROVE) (FARMS) SUB O F PT WH NW SEC 10-42-10

Ownership

  • Current Owner : ZHANG DAVID
  • Current Owner 2: ZHANG LAN LI
  • Previous Owner : SKRODZKI MIRO
  • Previous Owner 2: SKRODZKI CHATHERINE M
  • Owner Before Previous Owner: FREDERICK WALTER
  • Owner Before Previous Owner 2: FREDERICK CINDY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803616

Geography

  • District: 29
  • Parcel: 02-10-103-023-0000
  • Block: 2
  • Lot: 23
  • Meridian: SEC 10 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1326
  • Longitude: -88.0593

    Address

  • Full Address: 650 W Echo Ln
  • Address - House Number: 650
  • Street Direction: W
  • Address - Street Name: Echo
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Palatine
  • Carrier Code: C009
  • 4-Digit Zip Code: 2008
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,760
  • Tax Rate Code Area: 29004

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 835,378
  • High Value: 1,000,840
  • Low Value: 669,916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Aug 09, 2016
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $750,010
  • Market Land Value: $249,820
  • Market Improvement Value: $500,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,001
  • Assessed Land Value: $24,982
  • Assessed Improvements Value: $50,019

    Sales

  • Current Sale Contract Date: Jul 26, 2016
  • Current Sale Recording Date: Aug 09, 2016
  • Current Sale Transaction ID: 1699217737
  • Current Sale Price: $667,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1622246018
  • Previous Sale Recording Date: Jan 26, 2011
  • Previous Sale Contract Date: Dec 04, 2010
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Aug 09, 2016
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 26, 2011
  • Previous Mortgage Loan Amount: $552,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2041

About Cook



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 650 West Echo Lane located in?
The 650 West Echo Lane is a located in the neighborhood of Palatine in Cook, Palatine.
What is the average sales price for listings in 650 West Echo Lane?
The average sales price for units in 650 West Echo Lane is $0 currently.

Quantcast