One Renaissance Place 1 Renaissance Place Unit 1220 Palatine, IL 60067
Reseda Neighborhood
1
Bed
1
Bath
790
Sq Ft
$504/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Open Floorplan
- Palatine High School Rated A
- Private Pool
- Lock-and-Leave Community
About This Home
As of December 2024Spectacular open concept floorpan, in-unit laundry, coffered ceilings with beautiful crown molding and recessed lighting. Stainless steel appliances, plentiful cabinets w/ accent lighting. Brand new wide plank flooring, updated Pella windows, HVAC, newer washer and dryer. Bathroom features a whirlpool tub and a new marble vanity. Renaissance Place features concrete construction, offering excellent sound proofing and energy efficiency. Standard amenities include doorman, water, garbage, parking for two cars, fitness center, heated pool, bike storage, patio with outdoor BBQ grills, party room, exterior maintenance, package reception for deliveries from FedEx, Amazon, etc. Walking distance to shopping, restaurants, direct access to Palatine Trail. Convenient access to O'Hare and downtown via expressway. Close to Metra and downtown Palatine.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475173292 Listed on: 11/06/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,801
Year Built
- Built in 1974
HOA Fees
- $504 Monthly HOA Fees
Home Design
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 790 Sq Ft Home
- Open Floorplan
- Coffered Ceiling
- Ceiling Fan
- Some Wood Windows
- Replacement Windows
- Insulated Windows
- Window Screens
- Family Room
- Living Room
- Dining Room
- Storage
- Intercom
- Granite Countertops
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Whirlpool Bathtub
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 2 Parking Spaces
- Uncovered Parking
- Visitor Parking
- Parking Lot
- Off-Street Parking
- Parking Included in Price
Pool
- Private Pool
Schools
- Lincoln Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Zoned Cooling
- Two Cooling Systems Mounted To A Wall/Window
- Heating Available
- Underground Utilities
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, doorman, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 285 Units
- Stephanie Association, Phone Number (847) 359-6000
- 1 Bedroom W/ Laundry
- Property managed by Renaissance Place
- Lock-and-Leave Community
- Community features wheelchair access
- Handicap Modified Features In Community
- 14-Story Property
Amenities
- Doorman
- Building Patio
- Picnic Area
- Sauna
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
Recreation
- Trails
- Bike Trail
Pet Policy
- Pets up to 40 lbs
- Cats Allowed
Security
- Security Service
- Resident Manager or Management On Site
- Security Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2024
Closed on
Dec 18, 2024
Sold by
2020 Property Group Inc
Bought by
Skampa Apartments Llc
Seller's Agent
Matt Pieper
@properties Christie's International Real Estate
Buyer's Agent
Frank Cincotta
RE/MAX Suburban
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Total Days on Market
19
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$419
Avg. Annual Appreciation
-0.58%
Purchase Details
Closed on
Aug 21, 2015
Sold by
Thomas Christopher D and Thomas Stephanie
Bought by
2020 Property Group Inc
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
3.9%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 13, 2009
Sold by
Aurora Loan Services Llc
Bought by
Thomas Christopher D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
5.07%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 2, 2009
Sold by
Petro Peia Petru and Petro Piea
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Jan 26, 2007
Sold by
Schmid Norman G
Bought by
Peia Petro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 12, 2001
Sold by
Balogh James T
Bought by
Schmid Norman G
Similar Homes in Palatine, IL
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 |
|---|---|---|---|
| Warranty Deed | $160,000 | American Title | |
| Warranty Deed | $113,000 | First American Title Ins Co | |
| Special Warranty Deed | $85,000 | Multiple | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $265,000 | Republic Title Company | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $285,000 | Commercial | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $83,460 | FHA | |
| Previous Owner | $260,000 | Unknown | |
| Previous Owner | $180,000 | Unknown | |
| Previous Owner | $22,500 | Unknown | |
| Previous Owner | $117,600 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $160,000 | -3.0% | $203 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/06/2024 11/06/24 | For Sale | $165,000 | -- | $209 / 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 | $1,801 | $9,711 | $801 | $8,910 |
| 2023 | $1,801 | $9,711 | $801 | $8,910 |
| 2022 | $1,801 | $9,711 | $801 | $8,910 |
| 2021 | $1,029 | $6,498 | $500 | $5,998 |
| 2020 | $1,086 | $6,498 | $500 | $5,998 |
| 2019 | $1,098 | $7,259 | $500 | $6,759 |
| 2018 | $1,042 | $6,789 | $450 | $6,339 |
| 2017 | $1,041 | $6,789 | $450 | $6,339 |
| 2016 | $1,217 | $6,789 | $450 | $6,339 |
| 2015 | $866 | $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
-
Matt Pieper
Seller's Agent in 2024
Matt Pieper
@ Properties
(847) 346-4739
5 in this area
10 Total Sales
-
Frank Cincotta
Buyer's Agent in 2024
Frank Cincotta
RE/MAX Suburban
(847) 577-9797
1 in this area
26 Total Sales
About One Renaissance Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12204369
APN: 02-14-100-090-1270
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