NOT LISTED FOR SALE

Estimated Value: $146,511 - $156,000

1 Bed
1 Bath
730 Sq Ft
$306/mo HOA Fee

Last Sold April 26, 2023

Last sale price $122,000 $167 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,373/month

8 Days on Market

Highlights

  • Living Room
  • Resident Manager or Management On Site
  • Dining Room
  • Palatine High School Rated A
  • Central Air
  • Dogs and Cats Allowed

About This Home

As of April 2023

1 bed 1 bath unit with new stove and range hood. Newer carpet and paint. Great building with wonderful amenities and excellent location too. You will love living at 1 Renaissance Place with 24/7 doorman, elevators, pool, exercise room, sauna, clubhouse, game room. The Palatine bike and walking trail is directly behind the building and across the parking lot is the wonderful Palatine Library with so much to offer. Also, within walking distance (.5 - .75 miles) is Marianos, Eurofresh, Ace Hardware, several restaurants, banks, doctors, dentists, Dollar Store, ice cream and more. Only 1 to 1.5 miles to Downtown Palatine, Metra Station, the Community Center, Deer Grove Forest Preserve, Palatine Hills Golf Course, parks, many restaurants, specialty stores, Jewel Osco, Walgreens/CVS and so many summer festivities like the famous Palatine Street Festival, 4th of July Hometown Festival and the summer and winter farmer's markets. 15 minutes to Schaumburg and 25 minutes to Ohare.

Last Agent to Sell the Property

James Voll

Keller Williams Thrive License #475199823 Listed on: 03/15/2023

Keller Williams Thrive

Last Buyer's Agent

James Voll

Keller Williams Thrive License #475199823 Listed on: 03/15/2023

Keller Williams Thrive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1988

Lot Details

  • 7

HOA Fees

  • $306 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 730 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Lincoln Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, security, doorman, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 278 Units
  • Stephanie Association, Phone Number (847) 359-6000
  • High-Rise Condominium
  • Property managed by RED BRICK
  • 14-Story Property

Pet Policy

  • Pets up to 99 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,993

Year Built

Built in 1988

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories)
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Electric Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 730
  • Room Type: No additional rooms
  • Stories Total: 14
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 127900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 306
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: RED BRICK
  • Management Contact Name: STEPHANIE
  • Management Phone: 847-359-6000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Doorman, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 1992.52
  • Tax Year: 2021

Multi Family

  • Units in Building: 278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 22, 2023
Sold by
Patel Amitkumar
Bought by
Okmar Properties Llc
Seller's Agent
James Voll
Keller Williams Thrive
Buyer's Agent
James Voll
Keller Williams Thrive
List Price
$127,900
Sold Price
$122,000
Premium/Discount to List
-$5,900
-4.61%
Total Days on Market
8
Views
58
Current Estimated Value
$151,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,128
Avg. Annual Appreciation
10.73%
Original Mortgage
$91,500
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 24, 2023
Sold by
Teague Sheila A
Bought by
Patel Amitkumar
Seller's Agent
James Voll
Keller Williams Thrive
Buyer's Agent
James Voll
Keller Williams Thrive
List Price
$127,900
Sold Price
$122,000
Premium/Discount to List
-$5,900
-4.61%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2007
Sold by
Boado Eduardo P and Teague Sheila A
Bought by
Teague Sheila A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Okmar Properties Llc -- None Listed On Document
Patel Amitkumar $122,000 None Listed On Document
Teague Sheila A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Amitkumar $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $122,000 -4.6% $167 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $127,900 -- $175 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $2,626 $9,169 $756 $8,413
2023 $2,626 $9,169 $756 $8,413
2022 $2,626 $9,169 $756 $8,413
2021 $1,993 $6,135 $472 $5,663
2020 $1,963 $6,135 $472 $5,663
2019 $1,966 $6,854 $472 $6,382
2018 $1,992 $6,410 $425 $5,985
2017 $1,954 $6,410 $425 $5,985
2016 $1,818 $6,410 $425 $5,985
2015 $1,578 $5,137 $377 $4,760
2014 $1,559 $5,137 $377 $4,760
2013 $1,519 $5,137 $377 $4,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11736539

Midwest Real Estate Data (MRED)

APN: 02-14-100-090-1070