NOT LISTED FOR SALE

1221 Inverrary Ln Unit 23D Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $198,000 - $225,000

2 Beds
1 Bath
-- Sq Ft
$230/mo HOA Fee

Last Sold May 23, 2016

Last sale price $82,000

Est. 162% increase in value since last sale

Current estimated payment $1,716/month

173 Days on Market

Highlights

  • Balcony
  • Attached Garage
  • Breakfast Bar
  • Palatine High School Rated A
  • In-Law or Guest Suite
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

VERY NICE PENTHOUSE CONDO IN GOOD SHAPE. CLOSE TO SHOPPING AND HWY. BREAKFAST BAR AND HAS BURNING FIREPLACE. 1 CAR ATTACHED GARAGE.

Last Agent to Sell the Property

Kuljeet Singh

Gava Realty License #471003439 Listed on: 10/07/2015

Last Buyer's Agent

Itza Narvaez

Gava Realty License #475151951

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,149

Year Built

  • 1985

Lot Details

  • 10

HOA Fees

  • $230 per month

Parking

  • Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • In-Law or Guest Suite
  • Balcony

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,149

Year Built

1985

Lot Details

0

HOA Fees

$230 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1985
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Interior Property Features: In-Law Arrangement
  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X3, On Level: 2nd Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 10X9, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 9X9, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Cedar, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger
  • Special Assessments: U
  • Master Association Fee: Yes
  • Assessment Association Fees: 230
  • Management Contact Name: PROPERTY MANAGER
  • Management Phone: 630-787-0305

Fee Information

  • Management Company: WILLIAMSON MANAGEMENT

Schools

  • School District: 15
  • Elementary School: LAKE LOUISE ELEMENTARY SCHOOL
  • High School: PLEASANT HILL ELEMENTARY SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Common Grounds
  • Parcel Identification Number: 02014001021008

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 1

Tax Info

  • Taxes: 2009.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Khaira Simran S and Kaur Kulwinder
Bought by
Khaira Simran S and Khaira Baldev Singh
Total Days on Market
173
Current Estimated Value
$214,803

Purchase Details

Listed on
Oct 7, 2015
Closed on
May 23, 2016
Sold by
Sharma Narinkder K and Sharma Sita D
Bought by
Khaira Simran S
Seller's Agent
Kuljeet Singh
Gava Realty
Buyer's Agent
Itza Narvaez
Gava Realty
List Price
$109,900
Sold Price
$82,000
Premium/Discount to List
-$27,900
-25.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$65,600
Outstanding Balance
$52,946
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$161,857

Purchase Details

Closed on
Jul 26, 2012
Sold by
Arreguin Jorge
Bought by
Sharma Sita D and Sharma Narinder K

Purchase Details

Closed on
Oct 31, 2001
Sold by
Olson Greg A
Bought by
Arreguin Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1999
Sold by
Brinker Scott T
Bought by
Olson Greg A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.87%

Purchase Details

Closed on
May 30, 1997
Sold by
Jensen Scott E
Bought by
Brinker Scott T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,100
Interest Rate
8%
Mortgage Type
FHA
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
Khaira Simran S -- None Available
Khaira Simran S $82,000 None Available
Sharma Sita D $54,000 None Available
Arreguin Jorge $120,000 Lawyers Title Insurance Corp
Olson Greg A $89,000 --
Brinker Scott T $81,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaira Simran S $65,600
Previous Owner Arreguin Jorge $137,700
Previous Owner Arreguin Jorge $119,250
Previous Owner Arreguin Jorge $116,300
Previous Owner Olson Greg A $68,000
Previous Owner Brinker Scott T $78,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $82,000 -25.4% --
03/28/2016 03/28/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $109,900 -- --
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 $4,149 $14,489 $2,086 $12,403
2023 $4,149 $14,489 $2,086 $12,403
2022 $4,149 $14,489 $2,086 $12,403
2021 $3,783 $11,648 $1,765 $9,883
2020 $3,726 $11,648 $1,765 $9,883
2019 $3,744 $13,053 $1,765 $11,288
2018 $2,834 $9,118 $1,604 $7,514
2017 $2,780 $9,118 $1,604 $7,514
2016 $2,585 $9,118 $1,604 $7,514
2015 $2,034 $6,621 $1,444 $5,177
2014 $2,010 $6,621 $1,444 $5,177
2013 $1,958 $6,621 $1,444 $5,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09058571

Midwest Real Estate Data (MRED)

APN: 02-01-400-102-1008