Park Towne 140 W Wood St Unit 308 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
1
Bath
--
Sq Ft
$306/mo
HOA Fee
Highlights
- Living Room
- 4-minute walk to Palatine Station
- Central Air
- Palatine High School Rated A
- Laundry Room
- 4-minute walk to Towne Square
About This Home
As of February 2025Located in the heart of Palatine, steps from Train Station in the sought after walk to town location this spacious two bedroom condo is not one you will want to overlook! As you enter this unit you feel the open layout with a large living room that features sliding glass door which allows tons of natural sunlight and overlooks the pool! The galley style kitchen can be opened to the dining area to create a more open layout, the two bedrooms are very generous in size and have ample closet space. The unit needs minor cosmetic updates and there is tons of upside with this unit.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,276
Year Built
- Built in 1976
HOA Fees
- $306 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 4-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
Utilities
- Central Air
- Heating System Uses Steam
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, gas, parking, insurance, exercise facilities
- 128 Units
- Amanda Association, Phone Number (847) 459-0000
- Property managed by First Service Residential
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2024
Closed on
Jan 7, 2025
Sold by
Rcf 2 Acquisition Trust and Us Bank Trust National Association
Bought by
Qmr 140 W Wood Llc
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Drew Millard
33 Realty
List Price
$119,900
Sold Price
$172,107
Premium/Discount to List
$52,207
43.54%
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,519
Avg. Annual Appreciation
-4.45%
Purchase Details
Closed on
Jun 26, 2000
Sold by
Lasalle Bank National Assn
Bought by
Unterberger Neal R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,437
Interest Rate
8.31%
Mortgage Type
Stand Alone First
Similar Homes in Palatine, IL
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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 |
|---|---|---|---|
| Deed | $172,500 | None Listed On Document | |
| Deed | $105,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $132,000 | Negative Amortization | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $103,200 | Stand Alone First | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $105,437 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $172,107 | 0.0% | -- |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | Off Market | $172,107 | -- | -- |
| 07/21/2024 07/21/24 | For Sale | $119,900 | -- | -- |
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 | $2,383 | $11,368 | $938 | $10,430 |
| 2023 | $2,276 | $11,368 | $938 | $10,430 |
| 2022 | $2,276 | $11,368 | $938 | $10,430 |
| 2021 | $2,522 | $11,097 | $547 | $10,550 |
| 2020 | $2,558 | $11,097 | $547 | $10,550 |
| 2019 | $2,557 | $12,347 | $547 | $11,800 |
| 2018 | $1,511 | $8,298 | $507 | $7,791 |
| 2017 | $1,501 | $8,298 | $507 | $7,791 |
| 2016 | $1,645 | $8,298 | $507 | $7,791 |
| 2015 | $1,999 | $9,128 | $468 | $8,660 |
| 2014 | $1,991 | $9,128 | $468 | $8,660 |
| 2013 | $1,922 | $9,128 | $468 | $8,660 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Smith
Seller's Agent in 2025
Ryan Smith
RE/MAX Premier
(312) 810-9680
1 in this area
812 Total Sales
-
Drew Millard
Buyer's Agent in 2025
Drew Millard
33 Realty
(847) 791-8926
1 in this area
2 Total Sales
About Park Towne
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12107480
APN: 02-15-407-049-1054
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