NOT LISTED FOR SALE

1652 E Rainbow Bay Ln Unit 450 Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $194,000 - $278,000

3 Beds
2 Baths
-- Sq Ft
$158/mo HOA Fee

Last Sold September 03, 2013

Last sale price $110,000

Est. 127% increase in value since last sale

Current estimated payment $1,844/month

Highlights

  • Sitting Room
  • Attached Garage
  • Forced Air Heating System
  • Palatine High School Rated A

About This Home

As of September 2013

BANK OWNED, SOLD BEFORE PROCESSING

Last Agent to Sell the Property

Julie Woolfe

Woolfe & Company Realtors Inc. License #471020868 Listed on: 08/05/2013

Co-Listed By

John Woolfe

Woolfe & Company Realtors Inc.

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,342

Year Built

  • 1978

Lot Details

  • 30.2

HOA Fees

  • $158 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • Sitting Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,342

Year Built

1978

Lot Details

0

HOA Fees

$158 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X14, On Level: Main Level
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X9, On Level: Main Level
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level
  • Additional Rooms: Sitting Room
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level
  • Additional Room 1 Name: Sitting, Dimensions: 10X9, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 9X9, On Level: 2nd Level

Exterior Features

  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Lawn Care
  • Special Assessments: U
  • Assessment Association Fees: 158
  • Management Contact Name: PROPERTY MANAGER
  • Management Phone: 847-985-4044

Fee Information

  • Management Company: ABC PROPERTY MANAGEMENT

Schools

  • School District: 211
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 02014000171178

Multi Family

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

Tax Info

  • Taxes: 2390.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2016
Sold by
Singh Gurpreet and Singh Balraj
Bought by
Singh Gurpreet and Jeetan Rani
Current Estimated Value
$249,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$62,655
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$183,849

Purchase Details

Listed on
Aug 5, 2013
Closed on
Aug 22, 2013
Sold by
Tcf National Bank
Bought by
Singh Balraj and Singh Gurpreet
Seller's Agent
Julie Woolfe
Woolfe & Company Realtors Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Powell Juan Evans and Evans Powell Juan
Bought by
Tcf National Bank

Purchase Details

Closed on
Jul 24, 2002
Sold by
Davis Violet R
Bought by
Powell Juan Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,193
Interest Rate
6.62%
Mortgage Type
FHA
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
Singh Gurpreet -- Executive Land Title
Singh Balraj $110,000 Attorneys Title Guaranty Fun
Tcf National Bank -- None Available
Powell Juan Evans $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Gurpreet $98,000
Previous Owner Powell Juan Evans $152,193
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $110,000 0.0% --
08/05/2013 08/05/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $110,000 -- --
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 $4,342 $17,983 $2,957 $15,026
2023 $4,170 $17,983 $2,957 $15,026
2022 $4,170 $17,983 $2,957 $15,026
2021 $3,639 $14,536 $2,501 $12,035
2020 $3,658 $14,536 $2,501 $12,035
2019 $3,688 $16,289 $2,501 $13,788
2018 $2,436 $11,274 $2,274 $9,000
2017 $2,408 $11,274 $2,274 $9,000
2016 $2,489 $11,274 $2,274 $9,000
2015 $2,966 $12,278 $2,046 $10,232
2014 $2,947 $12,278 $2,046 $10,232
2013 $2,854 $12,278 $2,046 $10,232
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Julie Woolfe

    Woolfe & Company Realtors Inc.

    Section Image

  • J

    Seller Co-Listing Agent in 2013

    John Woolfe

    Woolfe & Company Realtors Inc.

    Section Image

  • N

    Buyer's Agent in 2013

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08412552

Midwest Real Estate Data (MRED)

APN: 02-01-400-017-1178

Illinois Cook County Palatine 60004 Capri Village

1652 E Rainbow Bay Ln Unit 450, Palatine, IL

This home is located at 1652 E Rainbow Bay Ln Unit 450, Palatine, IL 60074 since 05 August 2013 and is currently estimated at $249,756. This property was built in 1978. 1652 E Rainbow Bay Ln Unit 450 is a home located in Cook County with nearby schools including Lake Louise Elementary School, Palatine High School, and Bright Horizons At Motorola-Arlington Hts.

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