NOT LISTED FOR SALE

1131 N Claremont Dr Unit 1617 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $328,369 - $395,000

3 Beds
3 Baths
1,700 Sq Ft
$250/mo HOA Fee

Last Sold July 27, 2018

Last sale price $233,500 $137 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,680/month

52 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • First Floor Utility Room
  • Palatine High School Rated A
  • End Unit
  • Stainless Steel Appliances

About This Home

As of July 2018

Welcome home! This beautiful end unit in the highly desired Claremont Ridge subdivision has everything you are looking for. This townhome features 3 levels of living space, has its own private attached 2 car garage and balcony for outdoor entertaining. The kitchen boasts all stainless steel appliances and 42" cabinets. The massive master bedroom offers you the privacy of a full master bath. There are two additional bedrooms and full bath on the 2nd floor. The home is conveniently located near Hwy 53 and shopping. New carpeting t/o. This property is eligible under Freddie Mac 1st look initiative through 05/30/2018.

Last Agent to Sell the Property

Egle Vasiliauskiene

Amber Realty Inc. License #471004418 Listed on: 05/01/2018

Last Buyer's Agent

Jeffrey Steinberg

Beaulieu Real Estate License #475141763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,269

Year Built

  • 2005

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $250 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • First Floor Utility Room
  • Washer and Dryer Hookup
  • Finished Basement
  • English Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,269

Year Built

2005

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2005
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Basement: English
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-1st Floor
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Utility Room-1st Floor, Dimensions: 4X6, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1700
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X13, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, End Unit

Garage/Parking

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

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 250
  • Management Contact Name: Manager
  • Management Phone: 847-985-5038

Fee Information

  • Management Company: American Property Management of Illinois, Inc.

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: COMMON
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 02124010381074

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 5347.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Madsen Logan and Madsen Melanie A
Bought by
Madsen Logan R and Madsen Melanie A
Total Days on Market
52
Current Estimated Value
$359,592

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 25, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Madsen Logan
Seller's Agent
Egle Vasiliauskiene
Amber Realty Inc.
Buyer's Agent
Jeffrey Steinberg
Beaulieu Real Estate
List Price
$254,900
Sold Price
$233,500
Premium/Discount to List
-$21,400
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$221,825
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2018
Sold by
Ditech Financial Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 28, 2006
Sold by
Gmac Model Home Finance Llc
Bought by
Hutton Adam M and Hutton Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.24%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
Madsen Logan R -- None Available
Madsen Logan $233,500 None Available
Federal Home Loan Mortgage Corporation -- None Available
Hutton Adam M $335,000 Nat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen Logan R $213,400
Closed Madsen Logan $223,000
Closed Madsen Logan $221,825
Previous Owner Hutton Adam M $67,000
Previous Owner Hutton Adam M $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $233,500 -2.7% $137 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/06/2018 06/06/18 Price Changed $239,900 -5.9% $141 / Sq Ft
05/01/2018 05/01/18 For Sale $254,900 -- $150 / 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 $6,269 $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 $6,638 $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 $5,347 $18,859 $1,774 $17,085
2015 $4,727 $15,386 $1,577 $13,809
2014 $4,777 $15,739 $1,577 $14,162
2013 $4,655 $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: MRD09935060

Midwest Real Estate Data (MRED)

APN: 02-12-401-038-1074