NOT LISTED FOR SALE

Estimated Value: $329,000 - $345,287

2 Beds
2 Baths
1,273 Sq Ft
$408/mo HOA Fee

Last Sold November 28, 2023

Last sale price $300,000 $236 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,831/month

74 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • 4-minute walk to Towne Square
  • Plum Grove Jr High School Rated A-
  • Dogs and Cats Allowed

About This Home

As of November 2023

Upscale condominium situated in the heart of downtown Palatine. Conveniently located within walking distance to the Metra train station, grocery stores, shopping centers, and a variety of restaurants. This two-bedroom, two-bathroom residence boasts 9-foot ceilings, exquisite heated hardwood flooring spanning the living, dining and kitchen area, while the bedrooms are adorned with brand-new carpeting. Recent installation of a cutting-edge HVAC system further enhances comfort. The kitchen is adorned with stainless steel appliances and granite countertops. Additional highlights include a spacious walk-in closet, in-unit washer/dryer, dedicated storage space, and heated parking. Step onto the expansive balcony and take in the views. The well-maintained building offers added parking in the outdoor lot.

Last Agent to Sell the Property

Abbas Broachwala

HomeSmart Connect LLC License #475141818 Listed on: 08/31/2023

HomeSmart Connect LLC

Co-Listed By

Christina Wagenknecht

HomeSmart Connect LLC License #475168305

Last Buyer's Agent

Lisa Colby

@properties Christie's International Real Estate License #475187928

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 2007

Lot Details

  • 0.85

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • 1,273 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Stuart R Paddock Elementary School
  • Wm Fremd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, exterior maintenance, scavenger, snow removal
  • 32 Units
  • W L Seymour Association, Phone Number (847) 359-8980
  • The Stratford Of Palatine Subdivision, Fraizer Floorplan
  • Property managed by W L Seymour
  • 5-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,320

Year Built

Built in 2007

Lot Details

0

HOA Fees

$408 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Stratford of Palatine
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1273
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 309000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 408
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: W L Seymour
  • Management Contact Name: W L Seymour
  • Management Phone: 847-359-8980
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Stuart R Paddock School
  • High School: Wm Fremd High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • 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: 3320
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 27, 2023
Sold by
Rangwala Mudar and Rangwala Rumana
Bought by
Mcmahon James T and Mcmahon Denice P
Seller's Agent
Abbas Broachwala
HomeSmart Connect LLC
Buyer's Agent
Lisa Colby
@properties Christie's International Real Estate
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%
Views
170
Current Estimated Value
$340,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,072
Avg. Annual Appreciation
5.68%

Purchase Details

Listed on
Sep 14, 2014
Closed on
Dec 16, 2014
Sold by
Chyterbok Andrew and Rabe Megan E
Bought by
Rangwala Mudar and Rangwala Rumana
Seller's Agent
Daniel Nowak
Prospect Equities Real Estate
Buyer's Agent
Amy Adorno Burley
Executive Realty Group LLC
List Price
$249,000
Sold Price
$239,000
Premium/Discount to List
-$10,000
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$191,200
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Palatine Johnson Llc
Bought by
Chyterbok Andrew W and Rabe Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,516
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Mcmahon James T $300,000 None Listed On Document
Rangwala Mudar $239,000 American Land Title Assn
Chyterbok Andrew W $303,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rangwala Mudar $70,000
Previous Owner Rangwala Mudar $191,200
Previous Owner Chyterbok Andrew W $239,625
Previous Owner Chyterbok Andrew W $242,516
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $300,000 -2.9% $236 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $309,000 0.0% $243 / Sq Ft
11/09/2023 11/09/23 Off Market $309,000 -- --
10/13/2023 10/13/23 Price Changed $309,000 -6.1% $243 / Sq Ft
09/16/2023 09/16/23 Price Changed $329,000 -3.2% $258 / Sq Ft
08/31/2023 08/31/23 For Sale $340,000 +42.3% $267 / Sq Ft
12/19/2014 12/19/14 Sold $239,000 0.0% $188 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
11/04/2014 11/04/14 Off Market $239,000 -- --
09/14/2014 09/14/14 For Sale $249,000 -- $196 / 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 $6,730 $26,050 $636 $25,414
2023 $6,481 $26,050 $636 $25,414
2022 $6,481 $26,050 $636 $25,414
2021 $6,035 $21,913 $370 $21,543
2020 $6,018 $21,913 $370 $21,543
2019 $6,010 $24,386 $370 $24,016
2018 $6,848 $22,035 $344 $21,691
2017 $6,718 $22,035 $344 $21,691
2016 $6,248 $22,035 $344 $21,691
2015 $4,767 $15,514 $317 $15,197
2014 $3,929 $15,514 $317 $15,197
2013 $3,811 $15,514 $317 $15,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11873558

Midwest Real Estate Data (MRED)

APN: 02-22-201-071-1021