PENDING
$5K PRICE DROP
1087 E Cottonwood Way Palatine, IL 60074
Virginia Lake NeighborhoodEstimated payment $2,492/month
Total Views
7,919
3
Beds
2.5
Baths
1,458
Sq Ft
$202
Price per Sq Ft
Highlights
- Deck
- Wood Flooring
- Patio
- Palatine High School Rated A
- Breakfast Room
- Laundry Room
About This Home
Enjoy comfortable, low-maintenance living in this 3-bedroom, 2.1-bath townhome with a private entrance and attached 1-car garage in Amber Ridge. The main level features a functional layout with a kitchen and breakfast area, plus two sliding doors that lead to a private patio-ideal for relaxing or entertaining. You'll love the hardwood floors throughout and the custom California closet systems in every bedroom for smart, organized storage. The spacious primary suite includes a private bath and generous closet space, with two additional bedrooms and a full hall bath upstairs. With in-unit laundry, a main-level powder room, and a great location near parks, schools, shopping, and dining-this townhome offers comfort, style, and convenience and is a perfect starter home for anyone ready to make their move.
Listing Agent
Keller Williams North Shore West License #471014148 Listed on: 07/10/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,921
Year Built
- Built in 1978
Lot Details
- Lot Dimensions are 68x161
HOA Fees
- $395 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Interior Spaces
- 1,458 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Family Room
- Combination Dining and Living Room
- Breakfast Room
- Wood Flooring
Kitchen
- Range with Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Patio
Schools
- Jane Addams Elementary School
- Winston Campus Middle School
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 4 Units
- Manager Association, Phone Number (847) 490-3833
- Amber Ridge Subdivision
- Property managed by Amber Ridge Townhome Association
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,921 | $20,000 | $3,500 | $16,500 |
| 2023 | $4,748 | $20,000 | $3,500 | $16,500 |
| 2022 | $4,748 | $20,000 | $3,500 | $16,500 |
| 2021 | $4,267 | $16,469 | $830 | $15,639 |
| 2020 | $4,276 | $16,469 | $830 | $15,639 |
| 2019 | $4,294 | $18,402 | $830 | $17,572 |
| 2018 | $4,771 | $18,789 | $747 | $18,042 |
| 2017 | $4,699 | $18,789 | $747 | $18,042 |
| 2016 | $4,619 | $18,789 | $747 | $18,042 |
| 2015 | $4,242 | $16,431 | $664 | $15,767 |
| 2014 | $4,207 | $16,431 | $664 | $15,767 |
| 2013 | -- | $16,431 | $664 | $15,767 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | Price Changed | $295,000 | -1.6% | $202 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $299,900 | 0.0% | $206 / Sq Ft |
| 07/20/2025 07/20/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | For Sale | $299,900 | +74.4% | $206 / Sq Ft |
| 06/29/2015 06/29/15 | Sold | $172,000 | -4.4% | $123 / Sq Ft |
| 05/12/2015 05/12/15 | Pending | -- | -- | -- |
| 04/11/2015 04/11/15 | For Sale | $179,999 | -- | $129 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $172,000 | Heritage Title Company | |
| Warranty Deed | $201,000 | Rtc | |
| Warranty Deed | $134,000 | Professional National Title | |
| Warranty Deed | $131,000 | Chicago Title Insurance Co | |
| Warranty Deed | $75,666 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,500 | Unknown | |
| Previous Owner | $190,925 | Unknown | |
| Previous Owner | $106,800 | No Value Available | |
| Previous Owner | $104,800 | No Value Available | |
| Previous Owner | $90,800 | No Value Available |
Source: Public Records
Similar Homes in Palatine, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12407571
APN: 02-12-300-151-0000
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