1108 West Northwest Highway

Local assessors in Palatine, IL have categorized 1108 West Northwest Highway as a unknown type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 33,824 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 2,050 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1108 West Northwest Highway has a total of 9,794 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. The property was last sold in Apr 16, 2021 for $1,450,000. That's $148.05 per sqft. Prior to that sales transaction, the property was also sold in Jul 3, 2020 for $675,000. 1108 West Northwest Highway was last assessed in 2023. The total value of the property was assessed at $356,441. Specifically, the land the property is located on was valued at $126,840. While improvements on the property were assessed at a total of $229,601. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $102,086. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.