$220,000
SOLD OCT 31, 2024
2 Beds
2 Baths
1,000 Sq Ft
$247/mo HOA Fee

Recently Sold

$220 Per Sq Ft

10% Below List Price

117 Days on Market

Highlights

  • Vaulted Ceiling
  • Formal Dining Room
  • 1 Car Attached Garage
  • Palatine High School Rated A
  • Balcony
  • Living Room

About This Home

As of October 2024

Pristine Condo Living! Fresh paint & carpet throughout! Immaculate condo nestled in a quiet neighborhood minutes from historic Long Grove and highways.Privacy provided w/2nd floor end unit with large, private balcony. Enjoy entertaining in your open living room w/vaulted ceilings & large upgraded kitchen boasting porcelain tile counters, backsplash and tons of cabinet space! Spacious mastersuite w/large walk in closet, private bath w/new porcelain tile. All appliances included.Refrigerator, dishwasher, electric stove. IN-UNIT WASHER AND DRYER! NEW furnace and air conditioning! Ceiling fans throughout. ***Min from downtown Palatine, NEW Falcon Park, Metra & Expressway***

Last Agent to Sell the Property

John E. Neal II

The Real Estate Exchange, Inc License #471013896 Listed on: 06/04/2024

Last Buyer's Agent

Eva Cuper

EHomes Realty, Ltd License #471006611

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1986

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Lake Louise Elementary School
  • Winston Campus Middle School
  • Palatine High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Customer Service Association, Phone Number (847) 490-3833
  • Property managed by Associa Chicagoland

Amenities

  • Common Area

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,092

Year Built

Built in 1986

Lot Details

0

HOA Fees

$247 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1000
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 240000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 247
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Customer Service
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Lake Louise Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3091.94
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Oct 29, 2024
Sold by
Hickman David
Bought by
Zak David
Seller's Agent
John E. Neal II
The Real Estate Exchange, Inc
Buyer's Agent
Eva Cuper
EHomes Realty, Ltd
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%
Total Days on Market
117
Views
258
Current Estimated Value
$225,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,946
Avg. Annual Appreciation
4.62%
Original Mortgage
$187,000
Outstanding Balance
$185,967
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$39,979

Purchase Details

Closed on
Apr 7, 2006
Sold by
Montalbano James P
Bought by
Hickman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 17, 2000
Sold by
Valavicius Raymond J
Bought by
Ramirez Maria and Rodriguez Clemencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
8.16%

Purchase Details

Closed on
Sep 17, 1993
Sold by
Itasca Bank & Trust Co
Bought by
Valavicius Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
7.05%
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 Type Sale Price Title Company
Warranty Deed $220,000 None Listed On Document
Warranty Deed $220,000 None Listed On Document
Warranty Deed $190,000 Ticor Title Insurance Compan
Warranty Deed $121,000 Chicago Title Insurance Co
Trustee Deed $60,666 Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,000 New Conventional
Closed $187,000 New Conventional
Previous Owner $149,000 New Conventional
Previous Owner $147,250 Unknown
Previous Owner $152,000 Unknown
Previous Owner $152,000 Fannie Mae Freddie Mac
Previous Owner $38,000 Stand Alone Second
Previous Owner $114,950 No Value Available
Previous Owner $72,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $220,000 -8.3% $220 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $240,000 -2.0% $240 / Sq Ft
06/04/2024 06/04/24 For Sale $245,000 0.0% $245 / Sq Ft
05/20/2023 05/20/23 Rented $2,000 0.0% --
04/10/2023 04/10/23 For Rent $2,000 +17.6% --
04/04/2022 04/04/22 Rented $1,700 0.0% --
12/17/2021 12/17/21 For Rent -- -- --
11/08/2021 11/08/21 Off Market -- -- --
10/20/2021 10/20/21 For Rent $1,700 +13.3% --
07/01/2017 07/01/17 Rented $1,500 0.0% --
02/18/2017 02/18/17 For Rent $1,500 -- --
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 $3,430 $15,397 $1,915 $13,482
2023 $3,430 $15,397 $1,915 $13,482
2022 $3,430 $15,397 $1,915 $13,482
2021 $3,065 $12,767 $1,620 $11,147
2020 $3,092 $12,767 $1,620 $11,147
2019 $3,119 $14,305 $1,620 $12,685
2018 $2,680 $12,059 $1,472 $10,587
2017 $2,648 $12,059 $1,472 $10,587
2016 $2,711 $12,059 $1,472 $10,587
2015 $2,528 $10,850 $1,325 $9,525
2014 $2,514 $10,850 $1,325 $9,525
2013 $2,431 $10,850 $1,325 $9,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12074525

Midwest Real Estate Data (MRED)

APN: 02-01-101-013-1010