Check Availability

812 North Franklin Avenue

812 North Franklin Avenue, Palatine, IL 60067
Townhouse in Palatine
Sold Jun 11, 2019
$440,000
$390,000 by Oaktree Funding Corp
Mortgage Due Jul 01, 2049
812 North Franklin Avenue 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 2007 and is 17 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 812 North Franklin Avenue has 2,667 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 2,748 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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. 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, 812 North Franklin Avenue sold most recently in Jan 24, 2019 for a total of $440,000. If you work out the math, that's approximately a cost of $164.98 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,908 in taxes each year. 812 North Franklin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,000. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $37,500. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,748
  • Total Building Area: 2,667
  • Gross Building Area: 2,667
  • Building Area: 2,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAGAN PARK ESTATES SUB
  • Land Acres: 0.063
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : KHAN SHAKAR A
  • Current Owner 2: KHATOON RANA JEVEN
  • Previous Owner : ADAMS DOUGLAS L
  • Previous Owner 2: ADAMS SANCHEZ NELIDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-09-407-039-0000
  • Lot: 23
  • Municipality: PALATINE
  • Latitude: 42.1252
  • Longitude: -88.0655

    Address

  • Full Address: 812 N Franklin Ave
  • Address - House Number: 812
  • Street Direction: N
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Palatine
  • Carrier Code: C071
  • 4-Digit Zip Code: 2233
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,908
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 516,754
  • High Value: 634,750
  • Low Value: 398,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: OAKTREE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jun 11, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $390,000
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $75,000
  • Market Improvement Value: $375,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $37,500

    Sales

  • Current Sale Contract Date: Jan 24, 2019
  • Current Sale Recording Date: Jun 11, 2019
  • Current Sale Transaction ID: 11612332576
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1916249086

    Last Sale Mortgage

  • First Mortgage Lender: OAKTREE FUNDING CORP
  • First Mortgage Transaction Date: Jun 11, 2019
  • First Mortgage Loan Amount: $390,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Palatine



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 167 E Palatine Road, Palatine, IL, 60067

$1,800 /mo

  • 2 Beds
  • 1 Bath
167 E Palatine Road #A, Palatine, IL, 60067 Listing by Monika Sipiora

Frequently Asked Questions

What neighborhood is 812 North Franklin Avenue located in?
The 812 North Franklin Avenue is a townhouse located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 812 North Franklin Avenue?
The average sales price for units in 812 North Franklin Avenue is $0 currently.

Quantcast