NOT LISTED FOR SALE

1215 N Williams Dr Unit 2 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $287,305 - $290,000

2 Beds
2 Baths
1,200 Sq Ft
$314/mo HOA Fee

Last Sold February 04, 2022

Last sale price $214,500 $179 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,224/month

64 Days on Market

Highlights

  • Attached Garage
  • Palatine High School Rated A
  • 5-minute walk to Evergreen Park

About This Home

As of February 2022

EXCELLENT OPPORTUNITY A 2 BED 2 BATH UNIT W/ AN ATTACHED GARAGE. THIS 2ND LEVEL UNIT FEATURES A LARGE LIVING AREA W/ VAULTED CEILINGS AND SLIDERS LEADING TO YOUR PRIVATE BALCONY/DECK. HUGE MASTER SUITE W/ VAULTED CEILINGS AND BAY WINDOW IN BEDROOM AND DOUBLE VANITY, SEPARATE STAND-ALONE SHOWER, AND TUB IN THE BATHROOM. LARGE KITCHEN W/ WHITE CABINETS, STAINLESS STEEL APPLIANCES, AND NEW LVP FLOORING W/ ACCESS TO BALCONY/DECK. LAUNDRY ROOM IN UNIT W/ HOOKUPS FOR WASHER/DRYER. FANTASTIC LOCATION IN CLOSE PROXIMITY TO SCHOOLS, PARKS, RETAIL/DINING, RAND RD, AND 53.

Last Agent to Sell the Property

Eric Egeland

GenStone Realty License #471008764 Listed on: 10/25/2021

Last Buyer's Agent

Jaki Harding

Berkshire Hathaway HomeServices Starck Real Estate License #471022230

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,767

Year Built

  • 1991

Lot Details

  • 10.13

HOA Fees

  • $314 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Community Details

Overview

  • 4 Units
  • Manager Association, Phone Number (847) 459-0000
  • Property managed by First Service Residential

Pet Policy

  • Pets Allowed
  • Pets up to 50 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,767

Year Built

1991

Lot Details

0

HOA Fees

$314 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Directions: RAND TO WILLIAMS TO HOME EAST SIDE OF STREET
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Harvest Run
  • Special Features: None
  • Year Built: 1991

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Laundry Hook-Up in Unit
  • Dining Room Type: No additional rooms
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Other
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Manager
  • Management Phone: 847-459-0000
  • Association Fee: 314
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Palatine High School
  • Junior High Dist: 211

Lot Info

  • Rural (Y/N): N
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 5049.94
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Feb 8, 2022
Sold by
Wilmington Trust National Assn
Bought by
Margolis Brandi Anne
Seller's Agent
Eric Egeland
GenStone Realty
Buyer's Agent
Jaki Harding
Berkshire Hathaway HomeServices Starck Real Estate
Sold Price
$214,500
Current Estimated Value
$288,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,076
Avg. Annual Appreciation
8.28%
Original Mortgage
$203,775
Outstanding Balance
$188,458
Interest Rate
3.38%
Estimated Equity
$100,118

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 5, 2022
Sold by
Wilmington Trust National Assn
Bought by
Margolis Brandi Anne
Seller's Agent
Eric Egeland
GenStone Realty
Buyer's Agent
Jaki Harding
Berkshire Hathaway HomeServices Starck Real Estate
Sold Price
$214,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,775
Outstanding Balance
$188,458
Interest Rate
3.38%
Estimated Equity
$100,118

Purchase Details

Closed on
Sep 30, 2004
Sold by
Karam Joseph A and Karam Shannon
Bought by
Carter Christy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 2002
Sold by
Karam Joseph A
Bought by
Karam Joseph A and Karam Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
4.87%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Alles Dale R
Bought by
Karam Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,095
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 1999
Sold by
Ocwen Federal Bank Fsb
Bought by
Alles Dale R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,095
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 1994
Sold by
Fongaro Josephine M
Bought by
Fongaro Thomas
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
Margolis Brandi Anne -- --
Margolis Brandi Anne -- --
Margolis Brandi Anne -- --
Carter Christy M $192,000 1St American Title
Karam Joseph A -- --
Karam Joseph A $137,000 --
Alles Dale R $112,500 --
Fongaro Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolis Brandi Anne $203,775
Closed Margolis Brandi Anne $203,775
Previous Owner Carter Christy M $182,400
Previous Owner Karam Joseph A $132,300
Previous Owner Karam Joseph A $133,095
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $214,500 -0.2% $179 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/22/2021 12/22/21 For Sale -- -- --
11/24/2021 11/24/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $215,000 -- $179 / 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 $4,767 $19,416 $2,590 $16,826
2023 $5,561 $19,416 $2,590 $16,826
2022 $5,561 $19,416 $2,590 $16,826
2021 $5,127 $15,785 $2,398 $13,387
2020 $5,050 $15,785 $2,398 $13,387
2019 $5,057 $17,633 $2,398 $15,235
2018 $4,616 $14,853 $2,206 $12,647
2017 $4,529 $14,853 $2,206 $12,647
2016 $4,211 $14,853 $2,206 $12,647
2015 $3,840 $12,499 $2,014 $10,485
2014 $3,794 $12,499 $2,014 $10,485
2013 $3,697 $12,499 $2,014 $10,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11255023

Midwest Real Estate Data (MRED)

APN: 02-12-410-056-1082