NOT LISTED FOR SALE

1408 N Sterling Ave Unit 102 Palatine, IL 60067

Baldwin Neighborhood

Estimated Value: $205,000 - $227,000

2 Beds
2 Baths
-- Sq Ft
$248/mo HOA Fee

Last Sold July 28, 2016

Last sale price $108,900

Est. 103% increase in value since last sale

Current estimated payment $1,702/month

45 Days on Market

Highlights

  • First Floor Utility Room
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Palatine High School Rated A

About This Home

As of July 2016

GREAT 2 BEDROOM, 2 BATHROOM CONDO. 1ST FLOOR END-UNIT WITH PATIO. IN-UNIT LAUNDRY. DETACHED 1-CAR GARAGE. LOCATED CLOSE TO SHOPPING, RESTAURANTS, AND SCHOOLS. This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on HomePath. Attach certificate to offer and request up to 3% closing cost assistance. Check HomePath for more details or ask me. Restrictions apply.

Last Agent to Sell the Property

Dennis Rusin

Cornerstone Realty, Inc. License #471009551 Listed on: 04/29/2016

Last Buyer's Agent

Andrew Oh

iProperties License #475146502

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,004

Lot Details

  • 3.18

HOA Fees

  • $248 per month

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • First Floor Utility Room

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,004

Lot Details

0

HOA Fees

$248 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X15, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 16X8, On Level: Main Level
  • Additional Rooms: Utility Room-1st Floor
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Additional Room 1 Name: Utility Room-1st Floor, Dimensions: 7X5, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 248
  • Management Contact Name: Debbie
  • Management Phone: 847-459-1222

Fee Information

  • Management Company: Forest Edge III

Schools

  • School District: 211
  • Middle School: WALTER R SUNDLING JUNIOR HIGH SC
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 02092020171005

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 2028.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2020
Sold by
Kim Minsu
Bought by
Kim Minsu
Current Estimated Value
$220,995

Purchase Details

Closed on
Jul 14, 2018
Sold by
Kim Minsu and Kim Michael J
Bought by
Kim Minsu and Kim Michael J

Purchase Details

Listed on
Apr 29, 2016
Closed on
Aug 31, 2016
Sold by
Kim Michael J
Bought by
Kim Michael J and Park Jane
Seller's Agent
Dennis Rusin
Cornerstone Realty, Inc.
Buyer's Agent
Andrew Oh
iProperties
List Price
$98,900
Sold Price
$108,900
Premium/Discount to List
$10,000
10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$88,650
Outstanding Balance
$42,734
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$165,835

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jul 6, 2016
Sold by
Fannie Mae
Bought by
Kim Michael
Seller's Agent
Dennis Rusin
Cornerstone Realty, Inc.
Buyer's Agent
Andrew Oh
iProperties
List Price
$98,900
Sold Price
$108,900
Premium/Discount to List
$10,000
10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,650
Outstanding Balance
$42,734
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$165,835

Purchase Details

Closed on
Dec 4, 2015
Sold by
Vaccarello Sallie and Forest Edge Comdominiums #3 As
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2005
Sold by
Gillette Nancy L
Bought by
Vaccarello Sallie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac
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
Kim Minsu -- None Available
Kim Minsu -- None Available
Kim Michael J -- Attorney
Kim Michael $109,000 Attorney
Federal National Mortgage Association -- Attorney
Vaccarello Sallie $178,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Michael $88,650
Previous Owner Vaccarello Sallie $142,400
Closed Vaccarello Sallie $26,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $108,900 +10.1% --
06/13/2016 06/13/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $98,900 0.0% --
05/10/2016 05/10/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $98,900 -- --
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 $3,004 $13,463 $2,695 $10,768
2023 $2,876 $13,463 $2,695 $10,768
2022 $2,876 $13,463 $2,695 $10,768
2021 $2,214 $10,147 $1,572 $8,575
2020 $2,254 $10,147 $1,572 $8,575
2019 $2,256 $11,297 $1,572 $9,725
2018 $1,406 $7,958 $1,459 $6,499
2017 $1,397 $7,958 $1,459 $6,499
2016 $1,548 $7,958 $1,459 $6,499
2015 $2,037 $9,253 $1,347 $7,906
2014 $2,029 $9,253 $1,347 $7,906
2013 $1,959 $9,253 $1,347 $7,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09210238

Midwest Real Estate Data (MRED)

APN: 02-09-202-017-1005