Seller's Agent in 2024
Tony Cela
Coldwell Banker Realty
(630) 290-8667
6 in this area
21 Total Sales
One Renaissance Place 1 Renaissance Place Unit 1216 Palatine, IL 60067
Reseda Neighborhood
1
Bed
1
Bath
750
Sq Ft
$323/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Palatine High School Rated A
- In Ground Pool
- Property is near a park
About This Home
As of August 2022Truly a tremendous value for either an investor or someone who wants all the amenities a condo can offer! This exceptional unit is located at the top of the building on the 12th floor and provides beautiful views from all of the windows. Spacious living room and separate dining room flow perfectly together and have ceiling fans to compliment the spaces. The kitchen boasts granite countertops and some stainless steel appliances. The large bedroom features ample closet space and overlooks the swimming pool. There is a lovely full bathroom as well. Convenient laundry room location that is just down the hall on the same floor. This luxury building features 24-hour door service, a heated pool, sundeck, outdoor grill area, exercise room, sauna, party room, game room and more! The association fee covers everything other than the electric utility. Close to downtown Palatine, the Metra, dining, shopping, schools, and expressways. Walking distance to the library, shops and Mariano's. WOW! This unit has been grandfathered to allow rentals which makes it an incredible investment opportunity! Hurry! This one won't last long!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475146509 Listed on: 08/03/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,018
Year Built
- Built in 1988
HOA Fees
- $323 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 750 Sq Ft Home
- Ceiling Fan
- Living Room
- Formal Dining Room
- Door Monitored By TV
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
- Unassigned Parking
Location
- Property is near a park
- Property is near a forest
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating Available
- Lake Michigan Water
- Cable TV Available
Additional Features
- In Ground Pool
- Wooded Lot
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 285 Units
- Manager Association, Phone Number (847) 359-6000
- High-Rise Condominium
- Renaissance Place Subdivision, 1 Bedroom Floorplan
- Property managed by 1 Renaissance Place
- Lock-and-Leave Community
- 12-Story Property
Amenities
- Doorman
- Sundeck
- Sauna
- Party Room
- Coin Laundry
- Package Room
- Elevator
Recreation
- Park
- Bike Trail
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2023
Sold by
Kapllani Armand and Kapllani Sonila
Bought by
Kapllani Properties Llc
Total Days on Market
0
Current Estimated Value
Purchase Details
Listed on
Aug 3, 2022
Closed on
Aug 15, 2022
Sold by
Shamroski George S
Bought by
Kapllani Armand and Kapllani Sonila
Seller's Agent
Sherri Esenberg
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Tony Cela
Coldwell Banker Realty
List Price
$100,000
Sold Price
$100,000
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Purchase Details
Closed on
Feb 23, 2010
Sold by
Mehrholz Carley Lynn
Bought by
Shamroski George S
Purchase Details
Closed on
Apr 13, 2007
Sold by
Connolly Joseph
Bought by
Mehrholz Carley Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.2%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 9, 2003
Sold by
Schmid Norman G
Bought by
Connolly Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
9.05%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 21, 2002
Sold by
Pristera Richard A and Pristera Frank
Bought by
Schmid Norman G
Purchase Details
Closed on
Dec 22, 1998
Sold by
Kooistra Thomas
Bought by
Pristera Richard A and Pristera Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,200
Interest Rate
6.95%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 4, 1995
Sold by
Liotti Karen M
Bought by
Kooistra Thomas
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $100,000 | Starck Title | |
| Warranty Deed | $78,000 | Chicago Title Insurance Co | |
| Warranty Deed | $115,000 | Multiple | |
| Warranty Deed | $167,000 | -- | |
| Warranty Deed | $86,000 | -- | |
| Warranty Deed | $72,000 | Ticor Title | |
| Warranty Deed | $69,000 | Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $86,250 | New Conventional | |
| Previous Owner | $61,200 | Unknown | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $157,500 | Unknown | |
| Previous Owner | $133,600 | Unknown | |
| Previous Owner | $68,200 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2024 04/03/24 | Rented | $16,000 | +900.0% | -- |
| 03/29/2024 03/29/24 | For Rent | $1,600 | 0.0% | -- |
| 08/15/2022 08/15/22 | Sold | $100,000 | 0.0% | $133 / Sq Ft |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | For Sale | $100,000 | -- | $133 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,018 | $9,711 | $801 | $8,910 |
| 2023 | $1,018 | $9,711 | $801 | $8,910 |
| 2022 | $1,018 | $9,711 | $801 | $8,910 |
| 2021 | $53 | $6,498 | $500 | $5,998 |
| 2020 | $53 | $6,498 | $500 | $5,998 |
| 2019 | $0 | $7,259 | $500 | $6,759 |
| 2018 | $0 | $6,789 | $450 | $6,339 |
| 2017 | $0 | $6,789 | $450 | $6,339 |
| 2016 | $53 | $6,789 | $450 | $6,339 |
| 2015 | $290 | $5,442 | $400 | $5,042 |
| 2014 | $872 | $5,442 | $400 | $5,042 |
| 2013 | $832 | $5,442 | $400 | $5,042 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Cela
-
Ginny Leamy
Buyer's Agent in 2024
Ginny Leamy
Compass
(708) 205-9541
419 Total Sales
-
Sherri Esenberg
Seller's Agent in 2022
Sherri Esenberg
Berkshire Hathaway HomeServices Starck Real Estate
(847) 650-6251
1 in this area
292 Total Sales
About One Renaissance Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11482251
APN: 02-14-100-090-1266
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