NOT LISTED FOR SALE

1356 N Geneva Dr Unit 1A Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $163,000 - $184,000

2 Beds
1 Bath
950 Sq Ft
$178/mo HOA Fee

Last Sold March 24, 2023

Last sale price $140,000 $147 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,396/month

10 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Heating Available
  • Palatine High School Rated A
  • Dogs and Cats Allowed

About This Home

As of March 2023

2 beds 1 bath clean beautiful comfortable condo. near to 53 expressway, shopping center, restaurant. quiet neighbor,

Last Listed By

Inhye Rhee

iProperties License #475127517 Listed on: 02/25/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1990

Lot Details

  • 4.7

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

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

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 108 Units
  • Property Manager Association, Phone Number (847) 577-3160
  • Property managed by HUGHES MANAGEMENT

Pet Policy

  • Pets up to 20 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,993

Year Built

Built in 1990

Lot Details

0

HOA Fees

$178 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: 1990
  • Age: 31-40 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 950
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished 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: 140000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 178
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: HUGHES MANAGEMENT
  • Management Contact Name: PROPERTY MANAGER
  • Management Phone: 847-577-3160
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 15

Lot Info

  • 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: 20

Tax Info

  • Tax Annual Amount: 1992.85
  • Tax Year: 2021

Multi Family

  • Units in Building: 108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Mar 23, 2023
Sold by
Choi Sang Ho
Bought by
Piramida Llc
Seller's Agent
Inhye Rhee
iProperties
Buyer's Agent
Lawrence Zukas
Unlimited Realty Inc
List Price
$140,000
Sold Price
$140,000
Total Days on Market
10
Views
114
Current Estimated Value
$172,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,946
Avg. Annual Appreciation
10.18%

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 5, 2018
Sold by
Lin Chang Renjie and Lin Tao
Bought by
Choi Sang Ho
Seller's Agent
Norma LoPresti
Coldwell Banker Realty
Buyer's Agent
Nathan Shin
Baird & Warner
List Price
$100,000
Sold Price
$105,000
Premium/Discount to List
$5,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$84,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2013
Closed on
Oct 22, 2013
Sold by
Federal National Mortgage Association
Bought by
Lin Chang Renjie and Lin Tao
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Norma LoPresti
Coldwell Banker Realty
List Price
$54,900
Sold Price
$56,567
Premium/Discount to List
$1,667
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%

Purchase Details

Closed on
Aug 6, 2013
Sold by
Ramos Digno
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2005
Sold by
Standard Bank & Trust Co
Bought by
Ramos Digno and Garcia Berta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,780
Interest Rate
5.86%
Mortgage Type
Stand Alone Second

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
Piramida Llc $140,000 None Listed On Document
Choi Sang Ho $105,000 Proper Title Llc
Lin Chang Renjie -- First American Title Insuran
Federal National Mortgage Association -- None Available
Ramos Digno $129,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Sang Ho $84,000
Previous Owner Ramos Digno $130,100
Previous Owner Ramos Digno $25,780
Previous Owner Ramos Digno $103,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $140,000 0.0% $147 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $140,000 0.0% $147 / Sq Ft
02/27/2023 02/27/23 Off Market $140,000 -- --
02/25/2023 02/25/23 For Sale $140,000 +33.3% $147 / Sq Ft
06/05/2018 06/05/18 Sold $105,000 +5.0% $111 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $100,000 +76.8% $105 / Sq Ft
10/25/2013 10/25/13 Sold $56,567 +3.0% $60 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $54,900 -- $58 / 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 $2,990 $10,441 $1,538 $8,903
2023 $2,990 $10,441 $1,538 $8,903
2022 $2,990 $10,441 $1,538 $8,903
2021 $1,993 $6,136 $961 $5,175
2020 $1,963 $6,136 $961 $5,175
2019 $1,966 $6,856 $961 $5,895
2018 $1,537 $4,946 $865 $4,081
2017 $1,508 $4,946 $865 $4,081
2016 $1,402 $4,946 $865 $4,081
2015 $1,541 $5,014 $768 $4,246
2014 $1,522 $5,014 $768 $4,246
2013 $628 $4,326 $768 $3,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11725720

Midwest Real Estate Data (MRED)

APN: 02-12-200-108-1077