NOT LISTED FOR SALE

1505 E Silver Strand Cir Unit 4 Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $253,000 - $293,850

3 Beds
2 Baths
1,650 Sq Ft
$152/mo HOA Fee

Last Sold May 30, 2019

Last sale price $152,000 $92 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,038/month

3 Days on Market

Highlights

  • Deck
  • Pond
  • Main Floor Bedroom
  • Palatine High School Rated A
  • Vaulted Ceiling
  • Attached Garage

About This Home

As of May 2019

IT'S A GOOD LIFE AT 1505 E. SILVER STRAND IN HIDDEN CREEK SUBDIVISION! GREAT OPPORTUNITY FOR INVESTORS, BUYERS, AND REHABBERS! FIRST FLOOR MASTER BEDROOM AND FULL BATHROOM. SECOND LEVEL FULL BATHROOM HAS BEEN TOTALLY UPDATED. NEW FURNACE, A/C, AND WATER HEATER IN 2016. SOARING VAULTED CEILING IN SPACIOUS LIVING ROOM. WOOD BURNING GAS START FIREPLACE IN FAMILY ROOM. INTERIOR LOCATION OVERLOOKING PRIVATE POND. ATTACHED 1-CAR GARAGE. COMMUNITY CLUBHOUSE WITH OUTDOOR POOL. CONVENIENT LOCATION NEAR SHOPPING AND HIGHWAY ACCESS. BRING YOUR OWN DECORATING IDEAS. PROPERTY BEING SOLD AS-IS. BUYER TO RECEIVE HOME WARRANTY AT CLOSING.

Last Agent to Sell the Property

Dale Tadelman

RE/MAX Suburban License #475130404 Listed on: 04/26/2019

RE/MAX Suburban

Co-Listed By

Maureen Parrish

RE/MAX Suburban License #475182310

Last Buyer's Agent

Vic Singh

Pathfinder Realty LLC License #471007034

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,137

Year Built

  • 1976

Lot Details

  • 30.2

HOA Fees

  • $152 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,137

Year Built

1976

Lot Details

0

HOA Fees

$152 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1976
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1976

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X13, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X2, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 1X1, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1650
  • Family Room: Dimensions: 15X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground, Pool-Outdoors
  • Assessment Includes: Pool, Lawn Care, Snow Removal
  • Assessment Association Fees: 152
  • Management Contact Name: PAM STANISH
  • Management Phone: 847-985-4044

Fee Information

  • Management Company: ABC PROPERTY MANAGER

Schools

  • School District: 211
  • Elementary School: Lake Louise Elementary School
  • Middle School: Winston Campus-Junior High
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Pond
  • Parcel Identification Number: 02014000171098

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 2288.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
May 21, 2019
Sold by
Laveau William Y and Laveau Kimberly A
Bought by
Martinez Francisco Mendoza
Seller's Agent
Dale Tadelman
RE/MAX Suburban
Buyer's Agent
Vic Singh
Pathfinder Realty LLC
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%
Current Estimated Value
$274,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,963
Avg. Annual Appreciation
9.11%
Original Mortgage
$136,201
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1998
Sold by
Gurrieri John J and Gurrieri Carol L
Bought by
Laveau William Y and Laveau Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 1994
Sold by
Stanczuk Lynn
Bought by
Gurrieri John J and Gurrieri Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,800
Interest Rate
7.88%
Mortgage Type
FHA
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
Martinez Francisco Mendoza $152,000 Attorney
Laveau William Y $126,000 --
Gurrieri John J $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Francisco Mendoza $136,201
Previous Owner Laveau William Y $121,600
Previous Owner Gurrieri John J $105,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $152,000 +1.4% $92 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $149,900 -- $91 / 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 $5,137 $17,353 $2,853 $14,500
2023 $4,970 $17,353 $2,853 $14,500
2022 $4,970 $17,353 $2,853 $14,500
2021 $4,556 $14,028 $2,414 $11,614
2020 $4,488 $14,028 $2,414 $11,614
2019 $3,525 $15,720 $2,414 $13,306
2018 $2,313 $10,879 $2,194 $8,685
2017 $2,288 $10,879 $2,194 $8,685
2016 $2,377 $10,879 $2,194 $8,685
2015 $2,106 $9,479 $1,975 $7,504
2014 $2,097 $9,479 $1,975 $7,504
2013 $2,026 $9,479 $1,975 $7,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10357639

Midwest Real Estate Data (MRED)

APN: 02-01-400-017-1098