NOT LISTED FOR SALE

1296 Inverrary Ln Unit 7B Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $194,000 - $236,287

3 Beds
2 Baths
-- Sq Ft
$245/mo HOA Fee

Last Sold August 27, 2019

Last sale price $120,000

Est. 76% increase in value since last sale

Current estimated payment $1,758/month

15 Days on Market

Highlights

  • Attached Garage
  • Palatine High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

TWO STORY CONDO WITH FULL FIN BSMT IN NEED OF COSMETIC REPAIR. SPACIOUS LAYOUT, ATTACHED GARAGE, FINISHED LOWER LEVEL WITH FAM ROOM AND ADDTL BEDROOM. LOCAL BANK TYPICALLY RESPONDS SAME BUSINESS DAY TO OFFERS. PROPERTY SOLD IN AS-IS CONDITION. BANK CONTRACT REQUIRED.

Last Agent to Sell the Property

Julie Woolfe

Woolfe & Company Realtors Inc. License #471020868 Listed on: 07/02/2019

Co-Listed By

John Woolfe

Woolfe & Company Realtors Inc.

Last Buyer's Agent

Kuljeet Singh

Gava Realty License #471003439

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,289

Year Built

  • 1994

Lot Details

  • 10

HOA Fees

  • $245 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Frame Construction
  • Cedar

Utilities

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

Additional Features

  • Laminate Flooring
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,289

Year Built

1994

Lot Details

0

HOA Fees

$245 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1994
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Interior Property Features: Wood Laminate Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 12X9, On Level: Basement
  • Dining Room: Dimensions: 9X8, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 9X8, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 8X8, On Level: Basement
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X11, On Level: Basement, Flooring: Ceramic Tile

Exterior Features

  • Exterior Building Type: Cedar, Frame

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Assessment Includes: Water, Parking, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 245
  • Management Contact Name: PROPERTY MANAGER
  • Management Phone: 630-787-0305

Fee Information

  • Management Company: WILLIAMSON

Schools

  • School District: 211
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 02014001021030

Multi Family

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

Tax Info

  • Taxes: 2833.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 6, 2019
Sold by
Tcf National Bank
Bought by
Kaur Manjinder
Seller's Agent
Julie Woolfe
Woolfe & Company Realtors Inc.
Buyer's Agent
Kuljeet Singh
Gava Realty
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$211,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,141
Avg. Annual Appreciation
9.52%
Original Mortgage
$96,000
Outstanding Balance
$84,983
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$121,316

Purchase Details

Closed on
Oct 26, 2018
Sold by
Romero Alejandro
Bought by
Tcf National Bank

Purchase Details

Closed on
Sep 25, 2006
Sold by
Cooper Paul B
Bought by
Romero Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1994
Sold by
Christianson Susanne M and Runge Susanne M Christianson
Bought by
Cooper Paul B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.5%
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
Kaur Manjinder $120,000 Attorneys Ttl Guaranty Fund
Tcf National Bank -- Attorneys Ttl Guaranty Fund
Romero Alejandro $170,000 None Available
Cooper Paul B $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Manjinder $96,000
Previous Owner Romero Alejandro $161,500
Previous Owner Cooper Paul B $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $120,000 -4.0% --
08/24/2019 08/24/19 Price Changed $125,000 0.0% --
07/17/2019 07/17/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $125,000 -- --
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 $4,289 $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: MRD10437723

Midwest Real Estate Data (MRED)

APN: 02-01-400-102-1030