Seller's Agent in 2025
Lisa Colby
@ Properties
(847) 910-9470
2 in this area
31 Total Sales
124 W Colfax St Unit 409 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
2
Baths
1,300
Sq Ft
$368/mo
HOA Fee
Highlights
- Wood Flooring
- Elevator
- Resident Manager or Management On Site
- Palatine High School Rated A
- Stainless Steel Appliances
- Laundry Room
About This Home
As of September 2025Move-in Ready 2-Bed, 2-Bath Condo in Wellington Court! Enjoy low-maintenance living in this secure, sought-after Wellington Court building! This bright corner unit features an open floor plan with hardwood floors, stainless steel appliances, a spacious island, and abundant cabinet storage. The in-unit laundry room adds convenience, while the newer top-down/bottom-up blinds offer privacy and light control. The primary bedroom boasts a walk-in closet and ensuite bath, while the large balcony showcases beautiful views-perfect for morning coffee or evening relaxation. Additional perks include underground heated parking and a private, secure storage unit. Walk to the Metra, downtown Palatine, restaurants, entertainment, parks, and more. With it's prime location and modern updates, this condo is truly move-in ready!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475187928 Listed on: 08/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,519
Year Built
- Built in 2000
HOA Fees
- $368 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 4th floor
- Brick Exterior Construction
Interior Spaces
- 1,300 Sq Ft Home
- Family Room
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Accessibility Features
- Ramp on the main level
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 43 Units
- Kelly Monroy Association, Phone Number (312) 329-8538
- Property managed by GNP Managment Group
- 5-Story Property
Amenities
- Elevator
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Pets up to 35 lbs
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2013
Closed on
Oct 17, 2013
Sold by
Pyrzanowski Sophie
Bought by
Barr Steven
Seller's Agent
Julie Bushore
RE/MAX Suburban
Buyer's Agent
F.Charles Oswald
RE/MAX Unlimited Northwest
List Price
$225,000
Sold Price
$207,500
Premium/Discount to List
-$17,500
-7.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$155,625
Outstanding Balance
$118,066
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$208,342
Purchase Details
Closed on
Sep 28, 2006
Sold by
Long Robin D
Bought by
Pyrzanowski Sophie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.49%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 27, 2002
Sold by
Colfax Development Llc
Bought by
Long Robin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.93%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $207,500 | Git | |
| Warranty Deed | $260,000 | Golden Title | |
| Warranty Deed | $196,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $155,625 | New Conventional | |
| Previous Owner | $120,000 | Unknown | |
| Previous Owner | $90,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2025 09/16/25 | Sold | $355,000 | +7.6% | $273 / Sq Ft | |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- | |
| 08/19/2025 08/19/25 | For Sale | $329,900 | +59.0% | $254 / Sq Ft | |
| 10/18/2013 10/18/13 | Sold | $207,500 | -5.6% | -- | View Prior Sale |
| 09/06/2013 09/06/13 | Pending | -- | -- | -- | |
| 09/03/2013 09/03/13 | Price Changed | $219,900 | -2.3% | -- | |
| 08/27/2013 08/27/13 | For Sale | $225,000 | -- | -- |
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 | $5,519 | $21,961 | $555 | $21,406 |
| 2023 | $5,310 | $21,961 | $555 | $21,406 |
| 2022 | $5,310 | $21,961 | $555 | $21,406 |
| 2021 | $5,637 | $20,687 | $323 | $20,364 |
| 2020 | $5,626 | $20,687 | $323 | $20,364 |
| 2019 | $5,619 | $23,021 | $323 | $22,698 |
| 2018 | $4,981 | $19,463 | $300 | $19,163 |
| 2017 | $4,905 | $19,463 | $300 | $19,163 |
| 2016 | $4,811 | $19,463 | $300 | $19,163 |
| 2015 | $4,278 | $16,546 | $277 | $16,269 |
| 2014 | $4,242 | $16,546 | $277 | $16,269 |
| 2013 | $4,116 | $16,546 | $277 | $16,269 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Colby
-
Amy De Rango
Buyer's Agent in 2025
Amy De Rango
Compass
(847) 529-5883
11 in this area
257 Total Sales
-
Julie Bushore
Seller's Agent in 2013
Julie Bushore
RE/MAX Suburban
(847) 401-7713
64 Total Sales
-
F
Buyer's Agent in 2013
F.Charles Oswald
RE/MAX Unlimited Northwest
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12444898
APN: 02-15-401-062-1031
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