NOT LISTED FOR SALE

1117 N Claremont Dr Unit 1527 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $333,483 - $386,000

3 Beds
2.5 Baths
1,700 Sq Ft
$212/Sq Ft Est. Value

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Palatine High School Rated A
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of September 2023

Rare find! Introducing this Rental beautiful home in the highly desired Claremont Ridge subdivision. It has everything you are looking for: 3 levels of living space, has its own private attached 2 car garage, balcony for outdoor entertaining and stunning finishes throughout! Additionally, it is neatly tucked away in a park-like setting neighboring a picturesque nature preserve. The main level has 9-foot ceilings, an open floor-plan with great entertainment space. The spacious eat-in kitchen boasts with white 42" cabinets, new range hood and has access to the balcony for easy grilling. The large master bedroom is private and has of a full master bath. There are two additional generous size bedrooms and full bath on the second floor. Finished English lower level is perfect for an office or 4th bedroom. Convenient location minutes from expressway, major roads, shopping and restaurants. Come and see it today!

Last Agent to Rent the Property

Vaseekaran Janarthanam

RE/MAX Plaza License #475144694 Listed on: 08/25/2023

RE/MAX Plaza

Last Renter's Agent

Michiko Miyake

Suzuki Realty Inc License #475126651

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 2004

Lot Details

  • 7.51

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • English Basement
  • Partial Basement

Outdoor Features

  • Balcony

Schools

  • Lake Louise Elementary School
  • Winston Campus-Junior High
  • Palatine High School

Utilities

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

Listing and Financial Details

  • Property Available on 10/1/23
  • Rent includes lawn care, snow removal

Community Details

Overview

  • 6 Units
  • Office Association, Phone Number (847) 985-6464
  • Claremont Ridge Subdivision
  • Property managed by American Property

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,511

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-10-01
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2500
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

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: 3

Interior Features

  • Basement: Partial, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Laundry
  • LivingArea: 1700
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 2500
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Steel Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Rent Includes: Lawn Care, Snow Removal
  • Management Company: American Property
  • Management Contact Name: OFFICE
  • Management Phone: 847-985-6464

Schools

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

Lot Info

  • Lot Dimensions: 0

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2012
Sold by
Wajid Arshia
Bought by
Ali Shahnawaz
Current Estimated Value
$360,371

Purchase Details

Closed on
Aug 1, 2004
Sold by
Claremont Ridge Llc
Bought by
Ali Shahnawaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,400
Interest Rate
5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ali Shahnawaz -- Fidelity Natl Title Ins Co
Ali Shahnawaz $294,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Shahnawaz $171,500
Closed Ali Shahnawaz $264,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Rented $2,500 0.0% --
08/25/2023 08/25/23 For Rent $2,500 +19.0% --
10/08/2020 10/08/20 Rented $2,100 0.0% --
08/05/2020 08/05/20 Price Changed $2,100 -4.5% $1 / Sq Ft
05/19/2020 05/19/20 Price Changed $2,200 -2.2% $1 / Sq Ft
04/26/2020 04/26/20 Price Changed $2,250 -2.2% $1 / Sq Ft
03/03/2020 03/03/20 For Rent $2,300 -- --
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: 11868877

Midwest Real Estate Data (MRED)

APN: 02-12-401-038-1071