$205,000
SOLD APR 22, 2024
1 Bed
1 Bath
800 Sq Ft
$253/mo HOA Fee

Recently Sold

$256 Per Sq Ft

14% Above List Price

1 Day on Market

Highlights

  • Heated Floors
  • Open Floorplan
  • Granite Countertops
  • Palatine High School Rated A
  • Corner Lot
  • Elevator

About This Home

As of April 2024

LOCATED IN THE HEART OF DOWNTOWN PALATINE, THIS ONE BED ONE BATH CONDO OFFERS SO MUCH. THE ENTIRE UNIT HAS AN OPEN FLOORPLAN AND A TON OF WINDOWS PROVIDING PLENTY OF NATURAL LIGHT. THE KITCHEN WAS JUST COMPLETELY REDONE WITH NEW GRANITE COUNTERTOPS, WHITE SHAKER CABINETS AND A STAINLESS STEEL FARM SINK. ALL THE APPLIANCES ARE STAINLESS STEEL AND ARE NEW IN 2017. THE KITCHEN ALSO HAS TWO PANTRIES (ONE VERY DEEP) FOR ALL YOUR STORAGE NEEDS. MOST OF THE FLOORING IN THE UNIT IS WOOD LAMINATE FROM 2020 AND IS HEATED. THE LIVING ROOM AND DINING ROOM OFFER A LOT OF SPACE FOR ENTERTAINING AND LEAD OUT TO YOUR PRIVATE BALCONY OVERLOOKING DOWNTOWN PALATINE. YOU CAN ALSO ACCESS THE BALCONY FROM THE BEDROOM AS WELL. THE BEDROOM IS SPACIOUS AND HAS A HUGE WALK-IN CLOSET. THE FOYER IS INVITING AND LEADS INTO THE SEPARATE LAUNDRY ROOM WITH SIDE-BY-SIDE WASHER AND DRYER. OTHER NEW THINGS INCLUDE A NEW SCREEN DOOR TO THE BALCONY AND DINING ROOM LIGHT IN 2024. LOCATED IN DOWNTOWN PALATINE, YOU HAVE ACCESS TO RESTAURANTS, BARS, SHOPPING AND A METRA TRAIN STATION.

Last Agent to Sell the Property

Brad Sowell

Northwest Suburban Real Estate License #471018791 Listed on: 03/19/2024

Last Buyer's Agent

Chris Andreoni

Baird & Warner License #475192173

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,482

Year Built

  • Built in 2000

HOA Fees

  • $253 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

Schools

  • Gray M Sanborn Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 32 Units
  • General Association, Phone Number (847) 979-9239
  • Property managed by Nex-Gen Real Estate & Property Management
  • 5-Story Property

Amenities

  • Elevator

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,482

Year Built

Built in 2000

Lot Details

0

HOA Fees

$253 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wood Laminate Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Granite Counters
  • LivingArea: 800
  • Other Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 179900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Unassigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 253
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Nex-Gen Real Estate & Property Management
  • Management Contact Name: General
  • Management Phone: 847-979-9239
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0X0X0X0
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 4482.45
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 18, 2024
Sold by
Mcmillin Alexandra
Bought by
Scranton Deborah
Seller's Agent
Brad Sowell
Northwest Suburban Real Estate
Buyer's Agent
Chris Andreoni
Baird & Warner
List Price
$179,900
Sold Price
$205,000
Premium/Discount to List
$25,100
13.95%
Total Days on Market
1
Views
75
Current Estimated Value
$218,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,818
Avg. Annual Appreciation
5.89%
Original Mortgage
$194,750
Outstanding Balance
$192,756
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$26,062

Purchase Details

Listed on
Jan 19, 2015
Closed on
Mar 10, 2015
Sold by
Diaz Ramona and Diaz Bonita
Bought by
Mcmillin Alexandra
Seller's Agent
Terry Leighty
RE/MAX Suburban
Buyer's Agent
Matthew Liss
Mark Allen Realty ERA Powered
List Price
$149,000
Sold Price
$135,500
Premium/Discount to List
-$13,500
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$128,725
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2000
Sold by
Landmark Condominiums Llc
Bought by
Diaz Bonita and Diaz Ramona R
Source: Public Records

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Range of Values:

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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 $205,000 Chicago Title Company
Warranty Deed $135,500 Fidelity National Title
Warranty Deed $121,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,750 New Conventional
Previous Owner $138,400 New Conventional
Previous Owner $128,725 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $205,000 +14.0% $256 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $179,900 +32.8% $225 / Sq Ft
03/16/2015 03/16/15 Sold $135,500 -9.1% --
02/10/2015 02/10/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $149,000 -- --
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 $4,482 $19,073 $357 $18,716
2023 $4,482 $19,073 $357 $18,716
2022 $4,482 $19,073 $357 $18,716
2021 $3,825 $15,109 $208 $14,901
2020 $3,841 $15,109 $208 $14,901
2019 $3,838 $16,813 $208 $16,605
2018 $3,525 $14,778 $193 $14,585
2017 $3,477 $14,778 $193 $14,585
2016 $3,482 $14,778 $193 $14,585
2015 $2,261 $9,982 $178 $9,804
2014 $2,027 $9,982 $178 $9,804
2013 $1,952 $9,982 $178 $9,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12005463

Midwest Real Estate Data (MRED)

APN: 02-15-415-011-1003