1128 E Potomac Ln Palatine, IL 60074
Virginia Lake NeighborhoodEstimated Value: $258,000 - $274,000
3
Beds
3
Baths
1,458
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Waterfront
- 1 Car Attached Garage
- Dogs and Cats Allowed
- Palatine High School Rated A
- Central Air
- 5-minute walk to Evergreen Park
About This Home
As of October 2023Welcome to this stunning 3-bedroom townhome located in the desirable Amber Ridge subdivision in Palatine! Nestled in a prime location with easy access to RT 53, this home is a blend of comfort and modern living, close to a beautiful biking path that leads to the Deer Grove Forest Preserve. The residence showcases a meticulously designed floor plan filled with great natural light, creating a warm and inviting atmosphere throughout. Each bedroom is a cozy retreat, offering a tranquil space to unwind, paired with one full and two half well-maintained bathrooms. The kitchen is adorned with sleek white cabinets, elegant granite countertops, and stainless steel appliances, making it an ideal space for culinary creations. Experience a life of convenience and contemporary living, with a plethora of dining, shopping, and entertainment options nearby.
Last Agent to Sell the Property
Royal Family Real Estate License #475176887 Listed on: 09/22/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,245
Year Built
- Built in 1975
Lot Details
- Waterfront
HOA Fees
- $340 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- 1,458 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Schools
- Jane Addams Elementary School
- Winston Campus-Junior High
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, snow removal
- 4 Units
- Jessica Aponte Association, Phone Number (847) 866-7400
- Amber Ridge Subdivision
- Property managed by HEIL,HEIL,SMART & GOLEE, LLC
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2023
Closed on
Oct 24, 2023
Sold by
Miller Tom
Bought by
Ggrner Sherry
Seller's Agent
Jason Stallard
Royal Family Real Estate
Buyer's Agent
Joel Campbell
The Royal Family Real Estate
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Total Days on Market
5
Views
124
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,796
Avg. Annual Appreciation
7.29%
Original Mortgage
$235,000
Outstanding Balance
$230,852
Interest Rate
5.99%
Mortgage Type
VA
Estimated Equity
$37,944
Purchase Details
Listed on
Mar 2, 2020
Closed on
Sep 18, 2020
Sold by
Galla Gregory N and Galla Phyllis A
Bought by
Miller Tom
Seller's Agent
Carol Doerr
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jason Stallard
Royal Family Real Estate
List Price
$200,000
Sold Price
$181,000
Premium/Discount to List
-$19,000
-9.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$162,900
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 20, 2019
Sold by
Galla Eric R and Galla Nicole
Bought by
Galla Gregory N and Galla Phyllis A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2007
Sold by
Rybak Jaroslaw and Rybak Ewa
Bought by
Galla Eric R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.79%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 29, 2003
Sold by
Hagewood Maria L and Grabarczyk Maria L
Bought by
Rybak Jaroslaw and Rybak Ewa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
6.25%
Purchase Details
Closed on
Sep 28, 1995
Sold by
Kahle Franklin C and Kahle Maria J
Bought by
Hagewood Maria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.91%
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ggrner Sherry | $240,000 | Pro Title | |
| Miller Tom | $181,000 | Attorneys Ttl Guaranty Fund | |
| Galla Gregory N | $184,000 | Attorney | |
| Galla Eric R | $213,000 | Alliance Title Corporation | |
| Rybak Jaroslaw | $177,000 | -- | |
| Hagewood Maria L | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ggrner Sherry | $235,000 | |
| Previous Owner | Miller Tom | $162,900 | |
| Previous Owner | Galla Gregory N | $138,000 | |
| Previous Owner | Galla Eric R | $166,975 | |
| Previous Owner | Galla Eric R | $169,499 | |
| Previous Owner | Galla Eric R | $170,400 | |
| Previous Owner | Rybak Jaroslaw | $27,995 | |
| Previous Owner | Rybak Jaroslaw | $160,000 | |
| Previous Owner | Rybak Jaroslaw | $20,900 | |
| Previous Owner | Rybak Jaroslaw | $159,300 | |
| Previous Owner | Hagewood Maria L | $104,500 | |
| Previous Owner | Hagewood Maria L | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $240,000 | -2.0% | $165 / Sq Ft |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $245,000 | +35.4% | $168 / Sq Ft |
| 09/21/2020 09/21/20 | Sold | $181,000 | -3.7% | $124 / Sq Ft |
| 08/15/2020 08/15/20 | Pending | -- | -- | -- |
| 08/05/2020 08/05/20 | Price Changed | $187,900 | -1.1% | $129 / Sq Ft |
| 06/13/2020 06/13/20 | Price Changed | $189,900 | -1.4% | $130 / Sq Ft |
| 05/17/2020 05/17/20 | Price Changed | $192,500 | -3.8% | $132 / Sq Ft |
| 03/02/2020 03/02/20 | For Sale | $200,000 | -- | $137 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,749 | $20,000 | $3,500 | $16,500 |
| 2023 | $4,749 | $20,000 | $3,500 | $16,500 |
| 2022 | $4,749 | $20,000 | $3,500 | $16,500 |
| 2021 | $4,245 | $16,400 | $827 | $15,573 |
| 2020 | $5,247 | $16,400 | $827 | $15,573 |
| 2019 | $4,272 | $18,324 | $827 | $17,497 |
| 2018 | $4,756 | $18,739 | $744 | $17,995 |
| 2017 | $4,684 | $18,739 | $744 | $17,995 |
| 2016 | $4,605 | $18,739 | $744 | $17,995 |
| 2015 | $4,240 | $16,423 | $662 | $15,761 |
| 2014 | $4,205 | $16,423 | $662 | $15,761 |
| 2013 | $4,080 | $16,423 | $662 | $15,761 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Stallard
Seller's Agent in 2023
Jason Stallard
Royal Family Real Estate
(630) 306-4085
2 in this area
88 Total Sales
-
Joel Campbell
J
Buyer's Agent in 2023
Joel Campbell
The Royal Family Real Estate
(847) 985-0200
2 in this area
67 Total Sales
-
Carol Doerr
C
Seller's Agent in 2020
Carol Doerr
Berkshire Hathaway HomeServices Starck Real Estate
(630) 674-6379
1 in this area
38 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11892431
APN: 02-12-300-144-0000
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