$274,000
SOLD JUN 25, 2021

1107 N Claremont Dr Unit 1437 Palatine, IL 60074

Virginia Lake Neighborhood
3 Beds
2.5 Baths
1,700 Sq Ft
$260/mo HOA Fee

Recently Sold

$161 Per Sq Ft

14 Days on Market

Highlights

  • Den
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • Palatine High School Rated A
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of June 2023

Nicely updated 3 Bedroom 2.5 Bath townhouse in a great neighborhood. So many updates including flooring, Eat-in Kitchen with Granite counter tops, Stainless Steel Appliances, refinished cabinets with crown molding, and a balcony. Open floor plan is great for entertaining with the kitchen looking out to the Dining/Family Room combo. 3 full bedrooms on the 2nd floor including nice size master bedroom with WIC and full bath. Den on lower level is a great space that can be used as 4th bedroom, office, gym, or playroom. 2 Car garage plus a driveway that can fit 2 additional cars. Laundry room on main floor. Nothing to do but move in and enjoy!

Last Agent to Sell the Property

Jeff Bushaw

Main Street Real Estate Group License #471021546 Listed on: 04/20/2021

Main Street Real Estate Group

Co-Listed By

Mo Dadkhah

Main Street Real Estate Group License #475119960

Last Buyer's Agent

Dan Bergman

Redfin Corporation License #475157601

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,655

Year Built

  • Built in 2004 | Remodeled in 2020

HOA Fees

  • $260 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family or Dining Combination
  • Den
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Balcony

Schools

  • 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 insurance, lawn care, scavenger, snow removal
  • 4 Units
  • Manager Association, Phone Number (847) 985-6464
  • Claremont Ridge Subdivision, Hanbury Floorplan
  • Property managed by Claremont Ridge Condo Association

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,655

Year Built

Built in 2004 | Remodeled in 2020

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story,T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story,T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2020
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2020

Interior Features

  • Appliances: Stainless Steel Appliance(s)
  • Basement: Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1700
  • Room Type: Den, Foyer
  • Stories Total: 3
  • Assessed Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 280000
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Claremont Ridge Condo Association
  • Management Contact Name: Manager
  • Management Phone: 847-985-6464

Fee Information

  • Association Fee Includes: Insurance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Palatine High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 5654.83
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 21, 2021
Sold by
Evans Ilysha and Allen Robert
Bought by
Zanotti Paul and Scheffler Elizabeth
Seller's Agent
Jeff Bushaw
Main Street Real Estate Group
Buyer's Agent
Dan Bergman
Redfin Corporation
Sold Price
$274,000
Current Estimated Value
$366,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,748
Avg. Annual Appreciation
7.12%
Original Mortgage
$137,000
Outstanding Balance
$125,646
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$237,799

Purchase Details

Listed on
May 28, 2016
Closed on
Sep 19, 2016
Sold by
Mehra Yogesh and Mehra Arti
Bought by
Evans Ilysha and Allen Robert R
Seller's Agent
Gregg Bernadette
HomeSmart Connect LLC
Buyer's Agent
Jeff Bushaw
Main Street Real Estate Group
List Price
$265,000
Sold Price
$244,000
Premium/Discount to List
-$21,000
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$231,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Classic Business Group Llc Series Tr2
Bought by
Mehra Yogesh and Mehra Arti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Cavusoglu Fehim
Bought by
Classic Business Group Llc Series Tr2

Purchase Details

Closed on
Nov 19, 2009
Sold by
Cavssoglu Fehim
Bought by
Esl Design Group Pc

Purchase Details

Closed on
Aug 1, 2004
Sold by
Claremont Ridge Llc
Bought by
Cavusoglu Fehim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,600
Interest Rate
6.08%
Mortgage Type
Unknown
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 $274,000 Chicago Title
Warranty Deed $244,000 Greater Illinois Title Compa
Warranty Deed $205,000 First American Title
Legal Action Court Order $138,500 None Available
Warranty Deed -- Chicago Title Insurance Co
Special Warranty Deed $281,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,000 New Conventional
Previous Owner $231,800 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $265,000 Unknown
Previous Owner $224,600 Unknown
Closed $42,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $325,000 +4.9% $191 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $309,900 +13.1% $182 / Sq Ft
06/25/2021 06/25/21 Sold $274,000 -2.1% $161 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/04/2021 05/04/21 For Sale -- -- --
04/20/2021 04/20/21 For Sale $280,000 +14.8% $165 / Sq Ft
09/29/2016 09/29/16 Sold $244,000 -2.4% $144 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/14/2016 08/14/16 Price Changed $249,900 -1.2% $147 / Sq Ft
08/09/2016 08/09/16 Price Changed $252,900 -0.4% $149 / Sq Ft
06/28/2016 06/28/16 Price Changed $254,000 -1.9% $149 / Sq Ft
06/08/2016 06/08/16 Price Changed $259,000 -2.3% $152 / Sq Ft
05/28/2016 05/28/16 For Sale $265,000 -- $156 / 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 $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 $5,861 $18,859 $1,774 $17,085
2017 $5,750 $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: 11059398

Midwest Real Estate Data (MRED)

APN: 02-12-401-038-1066