NOT LISTED FOR SALE

Estimated Value: $320,000 - $393,110

2 Beds
2 Baths
1,549 Sq Ft
$391/mo HOA Fee

Last Sold September 28, 2020

Last sale price $235,000 $152 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,589/month

59 Days on Market

Highlights

  • Whirlpool Bathtub
  • Balcony
  • Walk-In Closet
  • Palatine High School Rated A
  • Attached Garage
  • Breakfast Bar

About This Home

As of September 2020

Tremendous opportunity to own this 2 BR, 2 BA condo in downtown Palatine. Largest model in the building features a terrific open floor plan with spacious living room, dining room, and large white cabinet kitchen offering abundant cabinet space and counter top work space galore. The large master suite offers a walk-in closet and luxury master bath with jetted tub and separate walk in shower. In-unit laundry and convenient same floor storage room included with this unit, only one of four available in entire building. No going down to the garage to access your storage items! Terrific garage space, close to entrance/elevator. This fabulous condo is located in the heart of downtown Palatine with train, grocery store, shops, restaurants, and fun just steps away!

Last Agent to Sell the Property

Cindy Eich

RE/MAX Suburban License #471022591 Listed on: 06/04/2020

RE/MAX Suburban

Co-Listed By

Martin Eich

RE/MAX Suburban License #475134374

Last Buyer's Agent

Susan Zilligen

Exit Strategy Realty License #475112300

Exit Strategy Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,265

Year Built

  • 2000

Lot Details

  • 0.6

HOA Fees

  • $391 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Flexicore

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Storage Room

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,265

Year Built

2000

Lot Details

0

HOA Fees

$391 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Unit Floor Level: 3
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1549
  • Estimated Year Built: 2000
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Total Sq Ft: 1549
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2000

Interior Features

  • Interior Property Features: Elevator, Laundry Hook-Up in Unit, Storage, Flexicore, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 24X13, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X6, On Level: 3rd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 13X7, On Level: 3rd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X10, On Level: 3rd Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 14X14, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Storage, Dimensions: 8X4, On Level: 3rd Level
  • Bedroom 2: Dimensions: 12X11, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1549
  • Estimated Total Finished Sq Ft: 1549
  • Main Level Sq Ft: 1549
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 70
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Elevator, Storage, Whirlpool
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U
  • Master Association Fee: Yes
  • Assessment Association Fees: 391
  • Management Contact Name: Carol Marcou
  • Management Phone: 847-882-1645

Fee Information

  • Management Company: Associa Vanguard Community Management

Schools

  • School District: 211
  • Elementary School: Gray M Sanborn Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 02154150111013

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 5

Tax Info

  • Taxes: 5523.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Trice Frances D and Trice Y
Bought by
Trice Frances Diane and Frances Diane Trice Revocable Trust
Current Estimated Value
$369,528

Purchase Details

Listed on
Jun 4, 2020
Closed on
Sep 11, 2020
Sold by
Arseneau Patricia and Moenich Barbara
Bought by
Trice Frances D
Seller's Agent
Cindy Eich
RE/MAX Suburban
Buyer's Agent
Susan Zilligen
Exit Strategy Realty
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$74,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2000
Sold by
Landmark Condominiums Llc
Bought by
Mitchell Shirley M and Mitchell Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Trice Frances Diane -- --
Trice Frances Diane -- --
Trice Frances D $235,000 Old Republic Title
Mitchell Shirley M $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trice Frances D $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $235,000 -6.0% $152 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $250,000 -5.6% $161 / Sq Ft
06/23/2020 06/23/20 Price Changed $264,900 -1.5% $171 / Sq Ft
06/18/2020 06/18/20 Price Changed $269,000 -2.2% $174 / Sq Ft
06/04/2020 06/04/20 For Sale $275,000 -- $178 / 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 $2,265 $30,919 $578 $30,341
2023 $5,246 $30,919 $578 $30,341
2022 $5,246 $30,919 $578 $30,341
2021 $6,008 $24,494 $337 $24,157
2020 $2,291 $24,494 $337 $24,157
2019 $2,467 $27,257 $337 $26,920
2018 $5,524 $23,958 $313 $23,645
2017 $2,581 $23,958 $313 $23,645
2016 $3,144 $23,958 $313 $23,645
2015 $3,579 $16,183 $289 $15,894
2014 $3,461 $16,183 $289 $15,894
2013 $3,453 $16,183 $289 $15,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10732111

Midwest Real Estate Data (MRED)

APN: 02-15-415-011-1013