NOT LISTED FOR SALE

1040 N Claremont Dr Unit 1117 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $349,000 - $383,000

2 Beds
2.5 Baths
1,700 Sq Ft
$216/Sq Ft Est. Value

Highlights

  • Landscaped Professionally
  • Corner Lot
  • 2 Car Attached Garage
  • Palatine High School Rated A
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of May 2022

GREAT END UNIT LOCATION*INTERIOR FEATURES EAT IN KITCHEN WITH ALL STAINLESS APPLIANCES*42"CHERRY CABINETS*TILE FLOOR*SEPARATE LAUNDRY ROOM W/ WASHER & DRYER,WINDOW TREATMENTS*2 SIDED FIREPLACE* LR/DR COMBO*FINISHED LL FAMILY ROOM* CLOSE TO EXPRESSWAY.

Last Agent to Rent the Property

Mario Giannelli

Baird & Warner License #475128833 Listed on: 04/28/2022

Baird & Warner

Last Renter's Agent

Mario Giannelli

Baird & Warner License #475128833 Listed on: 04/28/2022

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 2004

Lot Details

  • 7.51

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Visitor Parking
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Schools

  • Lake Louise Elementary School
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Landscaped Professionally

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 4/28/22
  • Rent includes exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • Claremont Ridge Condo Ass Association
  • Claremont Ridge Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,511

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2022-04-28
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2400
  • Security Deposit: 2400
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub-Type: Attached
  • Subdivision Name: Claremont Ridge
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Second Floor Laundry
  • LivingArea: 1700
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 2400
  • Lot Features: Corner Lot, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Visitor Parking
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager Off-site
  • Management Contact Name: CLAREMONT RIDGE CONDO ASS

Schools

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

Lot Info

  • Lot Dimensions: COMMON GROUNDS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2004
Sold by
Claremont Ridge Llc
Bought by
Arora Nikhil and Arora Sonal
Current Estimated Value
$366,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,050
Interest Rate
4.5%
Mortgage Type
Unknown
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
Arora Nikhil $314,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Nikhil $54,000
Previous Owner Arora Nikhil $251,050
Closed Arora Nikhil $46,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2022 05/01/22 Rented $2,400 0.0% --
04/28/2022 04/28/22 For Rent $2,400 -- --
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 $6,511 $25,310 $3,155 $22,155
2023 $6,269 $25,310 $3,155 $22,155
2022 $6,269 $25,310 $3,155 $22,155
2021 $5,647 $20,719 $1,971 $18,748
2020 $5,636 $20,719 $1,971 $18,748
2019 $5,655 $23,147 $1,971 $21,176
2018 $4,793 $18,859 $1,774 $17,085
2017 $4,721 $18,859 $1,774 $17,085
2016 $4,639 $18,859 $1,774 $17,085
2015 $3,921 $15,386 $1,577 $13,809
2014 $3,997 $15,739 $1,577 $14,162
2013 $3,877 $15,739 $1,577 $14,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11387871

Midwest Real Estate Data (MRED)

APN: 02-12-401-038-1050