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938 North Marsha Drive

938 North Marsha Drive, Palatine, IL 60067
Property in Palatine
Sold Jul 19, 2022
$500,000
$474,905 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2052
Sold Jan 18, 2022
$320,000
938 North Marsha Drive in Palatine, IL was first built in 1970 and is 54 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 split level style. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 938 North Marsha Drive has 1,473 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 10,089 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 wood. Walk into the home itself and you'll find that it is currently being cooled with 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, 938 North Marsha Drive was last sold in Jun 18, 2022 for $500,000. According to our calculations, that's $339.44 per sqft. Prior to that sales transaction, the property was sold for $320,000 in Nov 13, 2021. Current property owners are expected to pay $9,738 in taxes per year. The property on 938 North Marsha Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,000. To break that down further, the land itself was valued at $8,071. While improvements to the property were assessed at a total of $25,929. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,089
  • Total Building Area: 1,473
  • Gross Building Area: 1,473
  • Building Area: 1,473
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,473
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESEDA WEST 02
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : REIMAN DEREK
  • Current Owner 2: SHIFLETT ADDIE
  • Previous Owner : WARSY ADIL K
  • Previous Owner 2: WARSY AMBREEN A
  • Owner Before Previous Owner: MEPHAM JOHN J
  • Owner Before Previous Owner 2: ESTATE OF SUSAN PHYLLIS MEPHAM
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803604

Geography

  • District: 29
  • Parcel: 02-11-307-016-0000
  • Lot: 68
  • Meridian: SEC 11 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1274
  • Longitude: -88.035

    Address

  • Full Address: 938 N Marsha Dr
  • Address - House Number: 938
  • Street Direction: N
  • Address - Street Name: Marsha
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C064
  • 4-Digit Zip Code: 3437
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,738
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 324,071
  • High Value: 356,837
  • Low Value: 291,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $474,905
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 19, 2022
  • First Open Lien Mortgage Loan Amount: $474,905
  • 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, 2052

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $80,710
  • Market Improvement Value: $259,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $8,071
  • Assessed Improvements Value: $25,929

    Sales

  • Current Sale Contract Date: Jun 18, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Transaction ID: 11905326714
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 39178
  • Previous Sale Recording Date: Jan 18, 2022
  • Previous Sale Contract Date: Nov 13, 2021
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 19, 2022
  • First Mortgage Loan Amount: $474,905
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

About Palatine



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Nearby Rentals

Unit for rent at 252 W Hamilton Drive, Palatine, IL, 60067

$2,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,225 ft²
252 W Hamilton Drive, Palatine, IL, 60067 Listing by Abhijit Leekha

Frequently Asked Questions

What neighborhood is 938 North Marsha Drive located in?
The 938 North Marsha Drive is a located in the neighborhood of Palatine in Palatine, Palatine.
What is the average sales price for listings in 938 North Marsha Drive?
The average sales price for units in 938 North Marsha Drive is $0 currently.

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