One Renaissance Place 1 Renaissance Place Unit 712 Palatine, IL 60067
Reseda Neighborhood
1
Bed
1
Bath
782
Sq Ft
$491/mo
HOA Fee
Highlights
- Fitness Center
- In Ground Pool
- Formal Dining Room
- Palatine High School Rated A
- Party Room
- Living Room
About This Home
As of March 2025Imagine waking up every day to the convenience and comfort of resort-style living. That's exactly what life offers at 1 Renaissance Place in Palatine. This beautifully updated condo is more than just a home-it's a lifestyle. From the moment you step into the building, you're greeted by a doorman, setting the tone for the elevated experience awaiting you. Take advantage of the seasonal swimming pool, perfect for sunny afternoons, door-man and fabulous lobby. Or host friends and family with the outdoor grills and rentable party room. Maintain your fitness routine at the on-site gym, unwind with a good book in the library, and enjoy the security of on-site management. Step inside your condo and find a recently updated space painted in a soothing light blue, Large, newer windows not only bring in plenty of natural light but also offer scenic views of Ron Gbur Sports Field, Tom T Hamilton Park Reservoir, and nearby walking trails. The kitchen features white cabinets paired with sleek black countertops for a stylish, modern touch, while the IN-UNIT Bosch washer and dryer make everyday living effortless. Additional updates include a newer electrical panel, windows, Bosch stackable w/d. Outside your door, convenience continues. This 1-bedroom home is just a 25-minute walk from the downtown Palatine Metra station, making commuting a breeze. Local favorites like Mariano's Grocery, Starbucks, Village Inn, and Bakers Square are just around the corner. For outdoor enthusiasts, parks like Ashwood, Cherrywood, and Willowwood provide plenty of green space to explore. Whether you're looking for a home that blends luxury and ease or a smart investment opportunity, 1 Renaissance Place offers it all. Cat-friendly and investor friendly!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,774
Year Built
- Built in 1976
HOA Fees
- $491 Monthly HOA Fees
Home Design
- Block Exterior
Interior Spaces
- 782 Sq Ft Home
- Ceiling Fan
- Family Room
- Living Room
- Formal Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Parking Space
- Parking Included in Price
- Unassigned Parking
Pool
Schools
- Lincoln Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Forced Air Heating System
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include water, parking, doorman, exercise facilities, pool, exterior maintenance, scavenger, snow removal
- 285 Units
- 12-Story Property
Amenities
- Party Room
- Service Elevator
- Elevator
Recreation
Pet Policy
- Pets up to 15 lbs
- Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
Mar 21, 2025
Sold by
Windsor Erin and Granger Erin
Bought by
Riddel James Robert and Riddel Donald C
Seller's Agent
Abby Powell
Baird & Warner
Buyer's Agent
Dawn Bremer
Keller Williams Success Realty
List Price
$154,995
Sold Price
$147,500
Premium/Discount to List
-$7,495
-4.84%
Views
60
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
$4,381
Avg. Annual Appreciation
7.22%
Original Mortgage
$73,750
Outstanding Balance
$73,498
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$78,383
Purchase Details
Closed on
Apr 22, 2008
Sold by
Rutledge Douglas and Rutledge Jo Marie
Bought by
Windsor Erin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,991
Interest Rate
5.87%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 23, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Rutledge Douglas and Rutledge Jo Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
6.2%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 17, 2007
Sold by
Choi Jin Ho
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Tr 2005-2
Purchase Details
Closed on
Mar 31, 2005
Sold by
Balogh James
Bought by
Choi Jin Ho
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.65%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 9, 2004
Sold by
Matthiesen Jodi L
Bought by
Balogh James
Purchase Details
Closed on
Sep 12, 2000
Sold by
Melnick Marcus F
Bought by
Matthieson Jodi L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
7.98%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 31, 1998
Sold by
Flagstar Bank
Bought by
Melnick Marcus F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
7.09%
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 | $147,500 | None Listed On Document | |
| Warranty Deed | $130,000 | Chicago Title Insurance Co | |
| Special Warranty Deed | $116,500 | First American Title | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $220,000 | Residential Title Services | |
| Warranty Deed | $106,500 | Atgf Inc | |
| Warranty Deed | $85,000 | First American Title Ins Co | |
| Warranty Deed | $52,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $73,750 | New Conventional | |
| Previous Owner | $129,910 | FHA | |
| Previous Owner | $127,991 | FHA | |
| Previous Owner | $93,200 | Unknown | |
| Previous Owner | $175,200 | Unknown | |
| Previous Owner | $72,000 | Unknown | |
| Previous Owner | $12,000 | Credit Line Revolving | |
| Previous Owner | $72,250 | No Value Available | |
| Previous Owner | $24,600 | Credit Line Revolving | |
| Previous Owner | $16,000 | Credit Line Revolving | |
| Previous Owner | $46,800 | FHA | |
| Previous Owner | $52,100 | No Value Available | |
| Closed | $43,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Sold | $147,500 | -4.8% | $189 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $154,995 | -- | $198 / 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 | $2,774 | $9,373 | $773 | $8,600 |
| 2023 | $2,684 | $9,373 | $773 | $8,600 |
| 2022 | $2,684 | $9,373 | $773 | $8,600 |
| 2021 | $2,037 | $6,271 | $482 | $5,789 |
| 2020 | $2,006 | $6,271 | $482 | $5,789 |
| 2019 | $2,009 | $7,005 | $482 | $6,523 |
| 2018 | $2,036 | $6,552 | $434 | $6,118 |
| 2017 | $1,998 | $6,552 | $434 | $6,118 |
| 2016 | $1,858 | $6,552 | $434 | $6,118 |
| 2015 | $1,614 | $5,252 | $386 | $4,866 |
| 2014 | $1,594 | $5,252 | $386 | $4,866 |
| 2013 | $1,553 | $5,252 | $386 | $4,866 |
Source: Public Records
Agents Affiliated with this Home
-
Abby Powell
Seller's Agent in 2025
Abby Powell
Baird & Warner
(847) 209-6664
1 in this area
184 Total Sales
-
Dawn Bremer
Buyer's Agent in 2025
Dawn Bremer
Keller Williams Success Realty
(847) 456-6334
1 in this area
655 Total Sales
About One Renaissance Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12289536
APN: 02-14-100-090-1147
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