NOT LISTED FOR SALE

1390 Inverrary Ln Unit 1B Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $216,000 - $243,000

2 Beds
1.5 Baths
1,200 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $240,000 $200 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,757/month

86 Days on Market

Highlights

  • Wood Flooring
  • Whirlpool Bathtub
  • 1 Car Attached Garage
  • Palatine High School Rated A
  • Stainless Steel Appliances
  • Resident Manager or Management On Site

About This Home

As of August 2024

MULTIPLE OFFERS RECEIVED - HIGHEST & BEST DUE SUNDAY, JULY 21, 2024 BY 6:00PM. OFFERS WILL BE REVIEWED ON MONDAY, JULY 22, 2024. It's been over 2 years since an opportunity to own in Inverrary West has come on the market! Rarely available, but if you act quickly, you can own this 2-story floor plan with finished basement. Featuring its own private entrance, this home doesn't disappoint with 2 bedrooms on 2nd floor, 1-1/2 baths and no carpeting on any level. This condo was renovated in 2019. Stainless steel appliances - 5 burner stove, microwave, double door refrigerator with dispenser and dishwasher. The finished basement could be used for a home office, kid's playroom or another sleeping area. A large storage/laundry room with utility sink is also located in the basement. The furnace, a/c, hot water heater and AprilAire humidifier were all replaced in 2022 and nearly all of the condo was painted in April, 2024. Association has replaced the roof recently. Location is very convenient - near Route 53, restaurants and any shopping you desire; so close to Deer Park and Kildeer shops as well.

Last Agent to Sell the Property

RoxAnne Abbamonte

HomeSmart Connect LLC License #475112783 Listed on: 04/26/2024

HomeSmart Connect LLC

Last Buyer's Agent

Dmytro Bezrukavyi

KOMAR License #475195911

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,170

Year Built

  • Built in 1989 | Remodeled in 2019

Lot Details

  • 10.02

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Schools

  • Lake Louise Elementary School
  • Winston Campus Middle School
  • Palatine High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Resales Association, Phone Number (630) 787-0305
  • Inverrary West Subdivision
  • Property managed by Williamson Management

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,170

Year Built

Built in 1989 | Remodeled in 2019

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Townhouse-2 Story
  • Subdivision Name: Inverrary West
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors
  • LivingArea: 1200
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Masonite,Shakes

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Williamson Management
  • Management Contact Name: Resales
  • Management Phone: 630-787-0305
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Lake Louise Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus Middle School

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3169.89
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 26, 2024
Sold by
Paul Roland R
Bought by
Mykhailiuk Ivan and Makoviichuk Karina
Seller's Agent
RoxAnne Abbamonte
HomeSmart Connect LLC
Buyer's Agent
Dmytro Bezrukavyi
KOMAR
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Views
131
Current Estimated Value
$235,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,666
Avg. Annual Appreciation
-1.68%
Original Mortgage
$140,000
Outstanding Balance
$138,645
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$96,689

Purchase Details

Closed on
Jul 13, 2022
Sold by
Paul Roland R
Bought by
Paul Roland R and Paul Stephen R

Purchase Details

Closed on
Jun 12, 1995
Sold by
Ali Shakeel and Ali Debbie Lynn
Bought by
Paul Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
8.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mykhailiuk Ivan $240,000 Chicago Title
Paul Roland R -- None Listed On Document
Paul Roland -- Attorneys Natl Title Network
Paul Ronald R $90,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mykhailiuk Ivan $140,000
Previous Owner Paul Ronald R $87,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $240,000 +6.7% $200 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $225,000 0.0% $188 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $225,000 0.0% $188 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $225,000 -- $188 / 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 $3,308 $14,489 $2,086 $12,403
2023 $3,170 $14,489 $2,086 $12,403
2022 $3,170 $14,489 $2,086 $12,403
2021 $2,701 $11,648 $1,765 $9,883
2020 $2,734 $11,648 $1,765 $9,883
2019 $2,760 $13,053 $1,765 $11,288
2018 $1,766 $9,118 $1,604 $7,514
2017 $1,751 $9,118 $1,604 $7,514
2016 $1,877 $9,118 $1,604 $7,514
2015 $1,228 $6,621 $1,444 $5,177
2014 $1,230 $6,621 $1,444 $5,177
2013 $1,181 $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: 12016812

Midwest Real Estate Data (MRED)

APN: 02-01-400-102-1078