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474 Monterey Rd

Palatine, IL 60074

4 bd 3 ba 2,000 sqft Built 1964 Lot 10,890 sqft single_family
Most recent sale
$418,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $418,000 MLS #11415230
Jun 22, 2022 Price changed $424,900 MLS #11415230
Jun 10, 2022 Price changed $444,900 MLS #11415230
May 25, 2022 Listed $469,900 MLS #11415230
Mar 16, 1999 Sold $120,000 Public Record
May 1, 1985 Sold $130,000 Public Record
Jun 29, 1981 Sold $127,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $31,303 $8,696 $39,999 $11,841
2022 $31,303 $8,696 $39,999 $9,692
2021 $22,167 $5,435 $27,602 $7,017
2020 $22,167 $5,435 $27,602 $7,043
2019 $25,406 $5,435 $30,841 $7,075
2018 $24,320 $4,891 $29,211 $7,156
2017 $25,920 $4,891 $30,811 $7,542
2016 $25,920 $4,891 $30,811 $7,522
2015 $23,340 $4,348 $27,688 $7,125
2014 $23,340 $4,348 $27,688 $7,067
2013 $23,340 $4,348 $27,688 $8,189
2012 $27,040 $5,163 $32,203 $7,487
2011 $27,040 $5,163 $32,203 $7,392
2010 $27,040 $5,163 $32,203 $8,147
2009 $32,219 $5,435 $37,654 $7,034
2008 $30,940 $8,696 $39,636 $6,141
2007 $30,940 $8,696 $39,636 $5,456
2006 $23,734 $6,957 $30,691 $5,686

Property facts

Year built
1964
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,000 sqft
Lot size
10,890 sqft
ZIP code
60074
City
Palatine
Street
Monterey Rd
Coordinates
42.12677, -88.03120

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,600
Gross rental yield
10.33%
Implied cap rate
6.72%
Trend-extrapolated value

Frequently asked questions

When did 474 Monterey Rd last sell?
474 Monterey Rd most recently sold on Jul 28, 2022 for $418,000.
What is the current tax assessment for 474 Monterey Rd?
The most recent total assessment for 474 Monterey Rd (year 2023) is $39,999 with $11,841 in property tax.
How does 474 Monterey Rd's assessment compare to its last sale price?
The current assessment is 90.4% below the last sale price of $418,000.
When was 474 Monterey Rd built?
474 Monterey Rd was built in 1964.
How does 474 Monterey Rd compare to others on Monterey Rd?
We track 8 other properties on Monterey Rd. Browse the list under "Other properties on Monterey Rd" to compare beds, baths, and sale history.
What are the property facts for 474 Monterey Rd?
474 Monterey Rd is a 4 bed, 3 bath, 2,000 sqft, 10,890 sqft lot single_family.
Is 474 Monterey Rd a flip candidate?
No — 474 Monterey Rd does not appear in our flips dataset.
Is 474 Monterey Rd a tax-appeal candidate?
No — 474 Monterey Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$329K
2026 Q4
$329.8K
ZIP 60074 — Median Price History + Forecast

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