NOT LISTED FOR SALE

1465 N Gatewood Ave Unit 2 Palatine, IL 60067

Baldwin Neighborhood

Estimated Value: $295,000 - $319,642

3 Beds
1.5 Baths
1,389 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $175,000 $126 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,199/month

3 Days on Market

Highlights

  • Stainless Steel Appliances
  • Fenced Yard
  • Breakfast Bar
  • Palatine High School Rated A
  • 1 Car Attached Garage
  • Brick Porch or Patio

About This Home

As of July 2016

Bright and cheery townhome in Cherry Brook Village offers a formal living room, family room, 3 bedrooms, updated kitchen, 1st floor laundry room and outdoor space with brick paver patio and privacy fence! Easy to maintain wood laminate flooring flows throughout the main floor living area. Recently renovated eat-in kitchen boasts crisp, white cabinetry, granite countertops, breakfast bar, new Stainless Steel appliances and flows easily into the family room. Ceiling fans in all bedrooms. Recent improvements include: roof replaced 2015, newer furnace, freshly painted main floor, crawl with Perma Seal, brand new front door and newer 6-panel doors upstairs. The low monthly association fee covers lawn care, snow removal, refuse and common insurance. Great convenient location too! Close to downtown Palatine, Metra, shopping and restaurants. Just move in and enjoy!

Last Agent to Sell the Property

Beth DuFour

Berkshire Hathaway HomeServices Starck Real Estate License #475157858 Listed on: 05/09/2016

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Matt Hernacki

MisterHomes Real Estate License #471000354

MisterHomes Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 30 x 72
  • Fenced Yard

HOA Fees

  • $55 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,389 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Brick Porch or Patio

Schools

  • Gray M Sanborn Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, lawn care, scavenger, snow removal
  • 6 Units
  • Association Phone (847) 364-9880
  • Cherrybrook Village Subdivision
  • Property managed by Villa Management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,796

Year Built

Built in 1985

Lot Details

0

HOA Fees

$55 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: CHERRYBROOK VILLAGE
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit
  • LivingArea: 1389
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Eating Area, Foyer
  • Stories Total: 2
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens
  • List Price: 180000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 55
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: Villa Management
  • Management Contact Name: -
  • Management Phone: 847-364-9880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: GRAY M SANBORN ELEMENTARY SCHOOL
  • High School: PALATINE HIGH SCHOOL
  • Middle/Junior School: WALTER R SUNDLING JUNIOR HIGH SC
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: 30 X 72
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4796
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 13, 2016
Sold by
Paseka Rence
Bought by
Shamshura Victoria O and Juarez Johnay
Seller's Agent
Beth DuFour
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Matt Hernacki
MisterHomes Real Estate
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$302,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,860
Avg. Annual Appreciation
6.12%
Original Mortgage
$168,777
Outstanding Balance
$136,158
Interest Rate
3.49%
Mortgage Type
FHA
Estimated Equity
$163,913

Purchase Details

Closed on
Oct 23, 2003
Sold by
Olson Michael N and Davis Olson Betty Deanna
Bought by
Paseka John and Paseka Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,900
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 1998
Sold by
Vogel Mark
Bought by
Olson Michael N and Davis Olson Betty Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.27%

Purchase Details

Closed on
Mar 18, 1998
Sold by
Smoczynski Raoul
Bought by
Vogel Mark F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.27%
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
Shamshura Victoria O $175,000 Attorneys Title Guaranty Fun
Paseka John $189,000 --
Olson Michael N $123,000 --
Vogel Mark F $16,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamshura Victoria O $168,777
Previous Owner Paseka John $148,200
Previous Owner Paseka John $160,000
Previous Owner Paseka John $33,000
Previous Owner Paseka John $188,900
Previous Owner Olson Michael N $24,000
Previous Owner Olson Michael N $29,050
Previous Owner Olson Michael N $8,500
Previous Owner Olson Michael N $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $175,000 -2.8% $126 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $180,000 -- $130 / 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 $5,827 $23,000 $4,000 $19,000
2023 $5,607 $23,000 $4,000 $19,000
2022 $5,607 $23,000 $4,000 $19,000
2021 $4,787 $18,069 $2,737 $15,332
2020 $5,781 $18,069 $2,737 $15,332
2019 $5,790 $20,189 $2,737 $17,452
2018 $6,433 $20,700 $2,409 $18,291
2017 $6,311 $20,700 $2,409 $18,291
2016 $5,161 $20,700 $2,409 $18,291
2015 $4,839 $18,371 $2,190 $16,181
2014 $4,796 $18,371 $2,190 $16,181
2013 $4,656 $18,371 $2,190 $16,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09220354

Midwest Real Estate Data (MRED)

APN: 02-10-214-015-0000