NOT LISTED FOR SALE

167 S Stonington Dr Unit 392 Palatine, IL 60074

Twin Lakes Neighborhood

Estimated Value: $274,000 - $314,000

2 Beds
1.5 Baths
1,450 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $232,500 $160 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,402/month

2 Days on Market

Highlights

  • Water Views
  • Pond
  • End Unit
  • Winston Campus Elementary School Rated A-
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of April 2022

Rarely available, 2-story, End Unit Townhome in Stonington ~ 2 bedrooms, 1 and a half baths with loft family room. Home features in unit laundry along with an attached garage. Home has good bones and has been impeccably maintained. Newer features include windows (2015), carpet & flooring, furnace (2015). Come and make this cute townhome your forever home!!! WILL NOT LAST LONG!!

Last Agent to Sell the Property

Maureen Frederick

Baird & Warner License #475148858 Listed on: 03/24/2022

Baird & Warner

Last Buyer's Agent

Randall Brush

Coldwell Banker Realty License #475126619

Coldwell Banker Realty

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1988

Lot Details

  • End Unit

HOA Fees

  • $318 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Pond
  • Patio

Schools

  • Winston Campus-Elementary School
  • Winston Campus-Junior High
  • Palatine High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Jennifer Payne Association, Phone Number (847) 806-6121
  • Property managed by PROPERTY SPECIALIST INC

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$3,651

Year Built

Built in 1988

Lot Details

0

HOA Fees

$318 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Co-op
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Second Floor Laundry, Laundry Hook-Up in Unit
  • LivingArea: 1450
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, End Unit
  • List Price: 239000
  • Lot Features: Pond(s), Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 318
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: PROPERTY SPECIALIST INC
  • Management Contact Name: Jennifer Payne
  • Management Phone: 847-806-6121
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Winston Campus-Elementary
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus-Junior High
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: INTREGAL
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3651
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 26, 2022
Sold by
Hansen Gayle
Bought by
Raasch Tracy A
Seller's Agent
Maureen Frederick
Baird & Warner
Buyer's Agent
Randall Brush
Coldwell Banker Realty
List Price
$239,000
Sold Price
$232,500
Premium/Discount to List
-$6,500
-2.72%
Current Estimated Value
$298,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,860
Avg. Annual Appreciation
7.51%
Original Mortgage
$174,375
Outstanding Balance
$166,671
Interest Rate
5.13%
Mortgage Type
Balloon
Estimated Equity
$128,596

Purchase Details

Closed on
Mar 19, 2007
Sold by
Loberg E John and Loberg Chrisann C
Bought by
Hansen Gayle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,450
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 14, 2000
Sold by
Lasalle Bank National Assn
Bought by
Loberg E John and Loberg Chrisann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.66%

Purchase Details

Closed on
May 25, 1995
Sold by
Sloma Ronald J
Bought by
Olszewski Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
8.4%
Source: Public Records

Range of Values:

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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
Raasch Tracy A $232,500 Chicago Title
Hansen Gayle C $223,000 Attorneys Title Guaranty Fun
Loberg E John $155,000 Mercury Title Company
Olszewski Mary $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raasch Tracy A $174,375
Previous Owner Hansen Gayle C $168,000
Previous Owner Hansen Gayle C $167,000
Previous Owner Hansen Gayle C $33,450
Previous Owner Hansen Gayle C $178,400
Previous Owner Loberg E John $124,000
Previous Owner Olszewski Mary $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $232,500 -2.7% $160 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $239,000 -- $165 / 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 $6,012 $19,977 $3,104 $16,873
2023 $4,060 $19,977 $3,104 $16,873
2022 $4,060 $19,977 $3,104 $16,873
2021 $3,577 $16,622 $1,940 $14,682
2020 $3,651 $16,622 $1,940 $14,682
2019 $3,679 $18,570 $1,940 $16,630
2018 $4,657 $14,338 $1,746 $12,592
2017 $4,570 $14,338 $1,746 $12,592
2016 $4,259 $14,338 $1,746 $12,592
2015 $3,691 $11,459 $1,552 $9,907
2014 $3,652 $11,459 $1,552 $9,907
2013 $3,561 $11,459 $1,552 $9,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11356160

Midwest Real Estate Data (MRED)

APN: 02-24-104-059-1084