NOT LISTED FOR SALE

1120 N Claremont Dr Unit 3471 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $331,928 - $413,000

2 Beds
3 Baths
1,700 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $235,000 $138 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,631/month

60 Days on Market

Highlights

  • Balcony
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Palatine High School Rated A
  • Breakfast Bar
  • Southern Exposure

About This Home

As of January 2017

Great dollar value! Great location within the complex with visitor parking areas close by! Spacious Kitchen with 42" cherrywood cabinets, eating area and access to outside balcony * Master Bedroom with large walk-in closet and Master Bath with large shower and double sinks & 2nd Bedroom has private full bath * Finished Lower Level is ideal for Study/Office or Family Room * Oversized, HEATED, 2 Car Garage * 5 minutes to major shopping and expressway.

Last Agent to Sell the Property

Laura L Weaver

RE/MAX Suburban License #475125583 Listed on: 09/20/2016

Last Buyer's Agent

Chelsey Sarmento

RE/MAX Top Performers License #475141053

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $5,479

Year Built

  • 2004

Lot Details

  • 8

HOA Fees

  • $242 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Stucco Exterior Insulation and Finish Systems
  • Asphalt Shingled Roof

Interior Spaces

  • Heatilator
  • Attached Fireplace Door
  • See Through Fireplace
  • Gas Log Fireplace
  • Finished Basement
  • English Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Portable Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Balcony
  • Southern Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Co-Op

Est. Annual Taxes

$5,479

Year Built

2004

Lot Details

0

HOA Fees

$242 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Interstate Access
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Co-op
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Interior Property Features: 1st Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher-Portable, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: See through/Multi Sided, Attached Fireplace Doors/Screen, Gas Logs, Heatilator Type System
  • Fireplace Location: Living Room
  • Basement: English
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1700
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Exterior Building Type: Brick, EIFS (e.g. Dryvit).
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 242
  • Management Contact Name: American Property Management
  • Management Phone: 847-985-6464

Fee Information

  • Management Company: American Property Management

Schools

  • School District: 211
  • Elementary School: LAKE LOUISE ELEMENTARY SCHOOL
  • Middle School: WINSTON CAMPUS-JUNIOR HIGH
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 02124010381015

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 3918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Feb 23, 2017
Sold by
Naim Hesham and Naim Sarah
Bought by
Yang Chris K
Seller's Agent
Laura L Weaver
RE/MAX Suburban
Buyer's Agent
Chelsey Sarmento
RE/MAX Top Performers
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Total Days on Market
60
Current Estimated Value
$364,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,232
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Aug 1, 2004
Sold by
Claremont Ridge Llc
Bought by
Naim Hesham and Naim Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,950
Interest Rate
6.1%
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
Yang Chris K $235,000 Chicago Title
Naim Hesham $304,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Chris K $100,000
Previous Owner Naim Hesham $235,000
Previous Owner Naim Hesham $242,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $235,000 -6.0% $138 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $250,000 -- $147 / 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 $5,479 $25,289 $3,152 $22,137
2023 $5,479 $25,289 $3,152 $22,137
2022 $5,479 $25,289 $3,152 $22,137
2021 $5,642 $20,702 $1,970 $18,732
2020 $6,623 $20,702 $1,970 $18,732
2019 $6,633 $23,129 $1,970 $21,159
2018 $5,856 $18,844 $1,773 $17,071
2017 $4,716 $18,844 $1,773 $17,071
2016 $4,635 $18,844 $1,773 $17,071
2015 $3,917 $15,373 $1,576 $13,797
2014 $3,994 $15,726 $1,576 $14,150
2013 $3,873 $15,726 $1,576 $14,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09347076

Midwest Real Estate Data (MRED)

APN: 02-12-401-038-1015