NOT LISTED FOR SALE

Estimated Value: $251,000 - $277,000

2 Beds
1.5 Baths
1,146 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $255,000 $223 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,846/month

45 Days on Market

Highlights

  • Breakfast Bar
  • Patio
  • Resident Manager or Management On Site
  • Palatine High School Rated A
  • Living Room
  • Laundry Room

About This Home

As of December 2024

LOCATION! LOCATION! LOCATION! Newly renovated townhome in prime "near downtown" Palatine location. Home has been remodeled with brand new flooring and paint throughout. NEW Granite countertops in kitchen. Fridge 2021, Stove "NEW" = never used. Newer patio and master bedroom sliding doors. Two SPACIOUS bedrooms. Walk-in master closet. In-unit laundry. This townhome is neatly tucked away in a quiet pocket of downtown Palatine providing a peaceful and serene home life experience. This hidden gem is located walking distance to downtown Palatine, walking distance to the metra train and only minutes from I-355, I-90 and Woodfield Mall. Minutes from EVERYTHING... THIS ONE WON'T LAST LONG...

Last Agent to Sell the Property

Joe Taylor

Realty Executives Advance License #475135157 Listed on: 10/22/2024

Realty Executives Advance

Last Buyer's Agent

Jeanne Keating

Compass License #475133441

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1972 | Remodeled in 2024

Lot Details

  • 1,045

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,146 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Gray M Sanborn Elementary School
  • Palatine High School

Utilities

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

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 20 Units
  • Allen Association, Phone Number (847) 651-4430
  • Palatine Park Subdivision

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,889

Year Built

Built in 1972 | Remodeled in 2024

Lot Details

0

HOA Fees

$115 per month

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: Palatine Park
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1146
  • Room Type: Eating Area, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab,None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Sliding Glass Door(s)
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 115
  • Association Amenities: School Bus
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Allen
  • Management Phone: 847-651-4430
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Gray M Sanborn Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 3889
  • Tax Year: 2023

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Dec 27, 2024
Sold by
Kavanagh Thomas J
Bought by
Ferrante David
Seller's Agent
Joe Taylor
Realty Executives Advance
Buyer's Agent
Jeanne Keating
Compass
List Price
$267,000
Sold Price
$255,000
Premium/Discount to List
-$12,000
-4.49%
Views
71
Current Estimated Value
$266,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,702
Avg. Annual Appreciation
4.59%
Original Mortgage
$242,250
Outstanding Balance
$239,784
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$26,918
Source: Public Records
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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
Ferrante David $255,000 None Listed On Document
Ferrante David $255,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrante David $242,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $255,000 -2.6% $223 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $261,900 -1.9% $229 / Sq Ft
10/22/2024 10/22/24 For Sale $267,000 -- $233 / 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
2025 $4,051 $20,000 $2,764 $17,236
2024 $4,051 $17,000 $4,000 $13,000
2023 $3,889 $17,000 $4,000 $13,000
2022 $3,889 $17,000 $4,000 $13,000
2021 $3,096 $12,863 $1,063 $11,800
2020 $3,123 $12,863 $1,063 $11,800
2019 $3,125 $14,325 $1,063 $13,262
2018 $2,137 $10,311 $956 $9,355
2017 $2,115 $10,311 $956 $9,355
2016 $4,037 $16,736 $956 $15,780
2015 $2,428 $10,527 $876 $9,651
2014 $2,416 $10,527 $876 $9,651
2013 $4,157 $16,684 $876 $15,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12190204

Midwest Real Estate Data (MRED)

APN: 02-23-101-096-0000