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707 West Longview Lane

707 West Longview Lane, Palatine, IL 60067
Property in Palatine
Refi Feb 09, 2021
Transfer
$219,500 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Local assessors in Palatine, IL have categorized 707 West Longview Lane as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 11,410 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 707 West Longview Lane has a total of 2,339 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $13,175 in taxes each year. 707 West Longview Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,000. If we break it down further, the land itself was valued at $13,692. Improvements to the property, however, were assessed at a total of $32,308. 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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,410
  • Total Building Area: 2,339
  • Gross Building Area: 2,339
  • Building Area: 2,339
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,339
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLSIDE GREEN PHASE5
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HILLSIDE) (GREEN) (PHASE5) RESUB IN WH OF SW SEC 22-42-10

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 29
  • Subdivision Phase Number: 5
  • Parcel: 02-22-301-079-0000
  • Lot: 2
  • Meridian: SEC 22 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.098
  • Longitude: -88.0608

    Address

  • Full Address: 707 W Longview Ln
  • Address - House Number: 707
  • Street Direction: W
  • Address - Street Name: Longview
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Palatine
  • Carrier Code: C043
  • 4-Digit Zip Code: 6756
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,175
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 549,970
  • High Value: 675,551
  • Low Value: 424,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $219,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $460,000
  • Market Land Value: $136,920
  • Market Improvement Value: $323,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,000
  • Assessed Land Value: $13,692
  • Assessed Improvements Value: $32,308

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Frequently Asked Questions

What neighborhood is 707 West Longview Lane located in?
The 707 West Longview Lane is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 707 West Longview Lane?
The average sales price for units in 707 West Longview Lane is $0 currently.

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