NOT LISTED FOR SALE

1408 N Sterling Ave Unit 201 Palatine, IL 60067

Baldwin Neighborhood

Estimated Value: $205,000 - $229,000

2 Beds
2 Baths
-- Sq Ft
$242/mo HOA Fee

Last Sold May 23, 2014

Last sale price $92,000

Est. 141% increase in value since last sale

Current estimated payment $1,788/month

145 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Palatine High School Rated A

About This Home

As of May 2014

Great 2 bedrooms, 2 baths 2nd Floor Unit. Huge Living Room w/Beautiful fireplace and Large Deck, detached garage. Forest Preserve Views, short walk to Hiking and Biking Trails.This is a Fannie Mae HomePath property.Purchase this property for as little as 5% down!Property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing.SEE ADDIT DOCS FOR MULTIPLE OFFER SHEET&OFFER SUBMITION INSTRUCTIONS.

Last Agent to Sell the Property

Richard Wolnik

Riklin Realty License #471008471 Listed on: 12/04/2013

Co-Listed By

Elena Levin

Owners.com

Last Buyer's Agent

Yaya Liu

Epic Equities LLC License #471018897

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,059

Year Built

  • 1987

Lot Details

  • 3.18

HOA Fees

  • $242 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
  • Wood Burning Fireplace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $1,840 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,059

Year Built

1987

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1987
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X15, On Level: Main Level
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 8X17, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level
  • Bedroom 2: Dimensions: 10X15, 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: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 242
  • Management Contact Name: PM
  • Management Phone: 847-459-1222

Fee Information

  • Management Company: foster premiere

Schools

  • School District: 211
  • Elementary School: GRAY M SANBORN ELEMENTARY SCHOOL
  • 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: 02092020171017

Multi Family

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

Tax Info

  • Taxes: 3871.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2013
Closed on
May 22, 2014
Sold by
Fannie Mae
Bought by
Lu Hao
Seller's Agent
Richard Wolnik
Riklin Realty
Buyer's Agent
Yaya Liu
Epic Equities LLC
List Price
$105,900
Sold Price
$92,000
Premium/Discount to List
-$13,900
-13.13%
Current Estimated Value
$221,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,665
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Pepio Nancy I and Pepio Nancy
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lu Hao -- First American Title
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pepio Nancy I $119,000
Previous Owner Pepio Nancy I $100,000
Previous Owner Pepio Nancy I $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $92,000 -3.1% --
04/28/2014 04/28/14 Pending -- -- --
04/16/2014 04/16/14 Price Changed $94,900 -10.4% --
02/25/2014 02/25/14 For Sale $105,900 0.0% --
12/13/2013 12/13/13 Pending -- -- --
12/04/2013 12/04/13 For Sale $105,900 -- --
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 $4,059 $13,712 $2,745 $10,967
2023 $3,927 $13,712 $2,745 $10,967
2022 $3,927 $13,712 $2,745 $10,967
2021 $3,357 $10,335 $1,601 $8,734
2020 $3,306 $10,335 $1,601 $8,734
2019 $3,300 $11,506 $1,601 $9,905
2018 $2,519 $8,105 $1,486 $6,619
2017 $2,471 $8,105 $1,486 $6,619
2016 $2,298 $8,105 $1,486 $6,619
2015 $2,896 $9,424 $1,372 $8,052
2014 $2,860 $9,424 $1,372 $8,052
2013 $2,787 $9,424 $1,372 $8,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08498639

Midwest Real Estate Data (MRED)

APN: 02-09-202-017-1017