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651 South Stuart Lane

651 South Stuart Lane, Palatine, IL 60067
Property in Palatine
Sold Jan 09, 2014
$230,000
$146,000 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2036
Sold Jul 11, 2007
$321,000
$256,600 by Ing Bank Fsb
Mortgage Due Jul 01, 2037
651 South Stuart Lane in Palatine, IL was first built in 1963 and is 61 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 bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 651 South Stuart Lane has 1,368 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. In total, the area measurement of the land is 10,150 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. 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. 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, 651 South Stuart Lane sold most recently in Dec 16, 2013 for a total of $230,000. If you work out the math, that's approximately a cost of $168.13 per sqft. Before that, the property was also sold for $321,000 in Jun 8, 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 $9,359 in taxes each year. 651 South Stuart Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,680. If we break it down further, the land itself was valued at $7,105. Improvements to the property, however, were assessed at a total of $25,575. 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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,150
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIT3 PLEASANT HILLS
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (UNIT3) (PLEASANT) (HILLS) ESTATES SUB OF PT OF EH SW SEC 22-42-10

Ownership

  • Current Owner : LIU JINGUANG
  • Current Owner 2: LIU GLORIA J
  • Previous Owner : NAKAGAWA KATSUYA
  • Previous Owner 2: NAKAGAWA REIKO
  • Owner Before Previous Owner: HOFFBECK RUTH N
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803702

Geography

  • District: 29
  • Parcel: 02-22-304-043-0000
  • Lot: 62
  • Meridian: SEC 22 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0981
  • Longitude: -88.0568

    Address

  • Full Address: 651 S Stuart Ln
  • Legal Unit: 3
  • Address - House Number: 651
  • Street Direction: S
  • Address - Street Name: Stuart
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Palatine
  • Carrier Code: C005
  • 4-Digit Zip Code: 6774
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,359
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 381,815
  • High Value: 469,398
  • Low Value: 294,232

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $146,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $326,800
  • Market Land Value: $71,050
  • Market Improvement Value: $255,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,680
  • Assessed Land Value: $7,105
  • Assessed Improvements Value: $25,575

    Sales

  • Current Sale Contract Date: Dec 16, 2013
  • Current Sale Recording Date: Jan 09, 2014
  • Current Sale Transaction ID: 1083382062
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1400922097
  • Previous Sale Recording Date: Jul 11, 2007
  • Previous Sale Contract Date: Jun 08, 2007
  • Previous Sale Amount: $321,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jan 09, 2014
  • First Mortgage Loan Amount: $172,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ING BANK FSB
  • Previous Mortgage Transaction Date: Jul 11, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $256,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Palatine



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Frequently Asked Questions

What neighborhood is 651 South Stuart Lane located in?
The 651 South Stuart Lane is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 651 South Stuart Lane?
The average sales price for units in 651 South Stuart Lane is $0 currently.

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