NOT LISTED FOR SALE

1340 N Geneva Dr Unit 3B Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $173,000 - $200,000

2 Beds
1 Bath
1,000 Sq Ft
$182/mo HOA Fee

Last Sold May 25, 2023

Last sale price $166,000 $166 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,461/month

2 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Family Room
  • Palatine High School Rated A
  • Dining Room
  • Dogs and Cats Allowed

About This Home

As of May 2023

Beautiful Spatious 3rd floor 2 bedroom Condo with a balcony. Fabulous location close to Hwy 53, lots of shoping and many parks close by. This Unit is very upgraterd, has a dreamy kitchen with lots of maple cabinets & granite counter tops open to a dinning and living room. bathroom.Updated bathroom, New pergo floor, planty of closet space including a walking closet right by the fromt door. East facing balcomy is perfect for this morning cup of coffe, grilling or planting flowers. Nothing to do but enjoy.Investor friendly building.

Last Agent to Sell the Property

Diana Wojcik Dobrzycki

@properties Christie's International Real Estate License #471007405 Listed on: 04/21/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Danuta Scianna

HomeSmart Connect LLC License #475133520

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1989

Lot Details

  • 4.7

HOA Fees

  • $182 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 6 Units
  • Hughes Managment Association, Phone Number (847) 577-3160
  • Property managed by Hughes Managment

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,035

Year Built

Built in 1989

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 159000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 182
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Hughes Managment
  • Management Contact Name: Hughes Managment
  • Management Phone: 847-577-3160
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 2035.03
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 25, 2023
Sold by
Ocytko Dominik
Bought by
Grimaila Yekaterina
Seller's Agent
Diana Wojcik Dobrzycki
@properties Christie's International Real Estate
Buyer's Agent
Danuta Scianna
HomeSmart Connect LLC
List Price
$159,000
Sold Price
$166,000
Premium/Discount to List
$7,000
4.4%
Total Days on Market
2
Views
51
Current Estimated Value
$182,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,324
Avg. Annual Appreciation
4.75%
Original Mortgage
$132,800
Outstanding Balance
$130,204
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$52,120

Purchase Details

Closed on
Feb 24, 2005
Sold by
Standard Bank & Trust Co
Bought by
Ocytko Dominik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Grimaila Yekaterina $166,000 Saturn Title
Ocytko Dominik $125,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimaila Yekaterina $132,800
Previous Owner Ocytko Dominik $111,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $166,000 +4.4% $166 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $159,000 -- $159 / 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 $3,054 $10,663 $1,571 $9,092
2023 $3,054 $10,663 $1,571 $9,092
2022 $3,054 $10,663 $1,571 $9,092
2021 $2,035 $6,266 $981 $5,285
2020 $2,005 $6,266 $981 $5,285
2019 $2,008 $7,001 $981 $6,020
2018 $1,570 $5,051 $883 $4,168
2017 $1,540 $5,051 $883 $4,168
2016 $1,432 $5,051 $883 $4,168
2015 $1,573 $5,121 $785 $4,336
2014 $1,554 $5,121 $785 $4,336
2013 $1,307 $4,419 $785 $3,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11764709

Midwest Real Estate Data (MRED)

APN: 02-12-200-108-1070