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712 South White Willow Bay

712 South White Willow Bay, Palatine, IL 60067
Property in Palatine
Sold Sep 14, 2015
$490,000
$396,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2052
Sold Oct 01, 2003
Transfer
$275,000 by Sib Mortgage Corp
Mortgage Due Oct 01, 2033
712 South White Willow Bay 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 1973 and is 51 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 712 South White Willow Bay has 2,360 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 16,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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. 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, 712 South White Willow Bay was last sold in Aug 28, 2015 for $490,000. According to our calculations, that's $207.63 per sqft. Current property owners are expected to pay $11,903 in taxes per year. The property on 712 South White Willow Bay was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $44,981. To break that down further, the land itself was valued at $14,490. While improvements to the property were assessed at a total of $30,491. 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. 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!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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,100
  • Total Building Area: 2,360
  • Gross Building Area: 2,360
  • Building Area: 2,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW WALK 01
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BARNETT DAVID A
  • Current Owner 2: BARNETT LAURA B
  • Previous Owner : PETERSON MICHAEL S
  • Previous Owner 2: PETERSON CHRISELDA M
  • Owner Before Previous Owner: WINKELSTEIN DAVID A
  • Owner Before Previous Owner 2: WINKELSTEIN VIRGINIA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-21-307-043-0000
  • Lot: 64
  • Meridian: SEC 21 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.097
  • Longitude: -88.0753

    Address

  • Full Address: 712 S White Willow Bay
  • Address - House Number: 712
  • Street Direction: S
  • Address - Street Name: White Willow Bay
  • State: IL
  • City Name: Palatine
  • Carrier Code: C042
  • 4-Digit Zip Code: 6655
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,903
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 566,244
  • High Value: 695,541
  • Low Value: 436,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $396,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $449,810
  • Market Land Value: $144,900
  • Market Improvement Value: $304,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,981
  • Assessed Land Value: $14,490
  • Assessed Improvements Value: $30,491

    Sales

  • Current Sale Contract Date: Aug 28, 2015
  • Current Sale Recording Date: Sep 14, 2015
  • Current Sale Transaction ID: 1291347415
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1525749049
  • Previous Sale Recording Date: Oct 01, 2003
  • Previous Sale Contract Date: Sep 15, 2003
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 14, 2015
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SIB MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 01, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2033

About Palatine



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Frequently Asked Questions

What neighborhood is 712 South White Willow Bay located in?
The 712 South White Willow Bay is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 712 South White Willow Bay?
The average sales price for units in 712 South White Willow Bay is $0 currently.

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