One Renaissance Place 1 Renaissance Place Unit 322 Palatine, IL 60067
Reseda Neighborhood
2
Beds
2
Baths
1,250
Sq Ft
$811/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Sauna
- Palatine High School Rated A
- In Ground Pool
- Party Room
About This Home
As of January 2025Welcome to One Renaissance Place, where desirable urban living meets unparalleled convenience. This residence offers access to an array of desirable amenities. Relax and rejuvenate in style with exclusive access to an outdoor pool and sauna perfect on a sunny afternoon or chilly evenings. Plus, enjoy the peace of mind provided by the 24 hour Doorman, ensure security and assistance around the clock. Inside, the spacious interior is bathed in natural light, creating an inviting ambience throughout. A bright and spacious living room opens to the dining area perfect for entertaining. The chefs kitchen boasts ample storage and a complete appliance package. Convenient in-unit laundry is also available. The generous size primary bedroom boasts ample storage and the second bedroom with ample closet space and a second full bath. This home with its unbeatable location near shopping, restaurants, parks, Metra Station, and easy interstate access is simply unmatched in convenience. INVESTOR FRIENDLY rentals allowed. Don't miss this one!
Last Agent to Sell the Property
Keller Williams ONEChicago License #475174137 Listed on: 07/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,442
Year Built
- Built in 1978
HOA Fees
- $811 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,250 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Home Security
Parking
- 2 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- In Ground Pool
- Outdoor Grill
Schools
- Lincoln Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include insurance, doorman, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, snow removal
- 287 Units
- Manager Association, Phone Number (847) 359-6000
- Property managed by 1 Renaissance Place
- 12-Story Property
Amenities
- Doorman
- Sauna
- Party Room
- Laundry Facilities
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pets up to 15 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2024
Closed on
Jan 3, 2025
Sold by
Scales Norma J
Bought by
Moran Joseph Michael and Moran Erin
Seller's Agent
Iris McBride
Keller Williams ONEChicago
Buyer's Agent
James Regan
RE/MAX Suburban
List Price
$206,000
Sold Price
$199,900
Premium/Discount to List
-$6,100
-2.96%
Views
169
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
$4,252
Avg. Annual Appreciation
3.29%
Original Mortgage
$99,950
Outstanding Balance
$99,381
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$104,771
Purchase Details
Closed on
Apr 12, 2004
Sold by
Matthiesen Jay A and Matthiesen Jacqueline L
Bought by
Scales Norma J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.55%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 10, 2002
Sold by
Lash Robert J and Lash Jolynn A
Bought by
Matthiesen Jay A and Matthiesen Jacqueline L
Purchase Details
Closed on
Jun 19, 2002
Sold by
Hammes Richard K and Hammes Leslie C
Bought by
Lash Robert J and Lash Jolynn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.82%
Purchase Details
Closed on
Nov 9, 1992
Sold by
American National Bank & Trust Company
Bought by
Hammes Richard K and Hammes Leslie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
7.15%
Mortgage Type
FHA
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 | $200,000 | Saturn Title | |
| Warranty Deed | $185,000 | -- | |
| Warranty Deed | $164,500 | -- | |
| Warranty Deed | $160,000 | -- | |
| Joint Tenancy Deed | $55,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $99,950 | New Conventional | |
| Previous Owner | $187,500 | Balloon | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $185,000 | Unknown | |
| Previous Owner | $175,500 | Unknown | |
| Previous Owner | $128,000 | No Value Available | |
| Previous Owner | $78,500 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | Sold | $199,900 | 0.0% | $160 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | Price Changed | $199,900 | -2.0% | $160 / Sq Ft |
| 09/17/2024 09/17/24 | Price Changed | $204,000 | -0.5% | $163 / Sq Ft |
| 08/15/2024 08/15/24 | Price Changed | $205,000 | -0.5% | $164 / Sq Ft |
| 07/15/2024 07/15/24 | For Sale | $206,000 | -- | $165 / 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 | $4,592 | $15,512 | $1,279 | $14,233 |
| 2023 | $4,442 | $15,512 | $1,279 | $14,233 |
| 2022 | $4,442 | $15,512 | $1,279 | $14,233 |
| 2021 | $3,371 | $10,380 | $799 | $9,581 |
| 2020 | $3,321 | $10,380 | $799 | $9,581 |
| 2019 | $3,326 | $11,596 | $799 | $10,797 |
| 2018 | $3,370 | $10,845 | $719 | $10,126 |
| 2017 | $3,307 | $10,845 | $719 | $10,126 |
| 2016 | $3,075 | $10,845 | $719 | $10,126 |
| 2015 | $2,671 | $8,692 | $639 | $8,053 |
| 2014 | $2,638 | $8,692 | $639 | $8,053 |
| 2013 | $2,571 | $8,692 | $639 | $8,053 |
Source: Public Records
Agents Affiliated with this Home
-
Iris McBride
Seller's Agent in 2025
Iris McBride
Keller Williams ONEChicago
(312) 622-5105
1 in this area
53 Total Sales
-
James Regan
Buyer's Agent in 2025
James Regan
RE/MAX Suburban
(847) 902-1721
1 in this area
83 Total Sales
About One Renaissance Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12111164
APN: 02-14-100-090-1065
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