NOT LISTED FOR SALE

Estimated Value: $381,000 - $403,000

2 Beds
2 Baths
1,577 Sq Ft
$377/mo HOA Fee

Last Sold June 15, 2021

Last sale price $296,500 $188 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,306/month

51 Days on Market

Highlights

  • Lock-and-Leave Community
  • Vaulted Ceiling
  • End Unit
  • Plum Grove Jr High School Rated A-
  • Wood Flooring
  • 4-minute walk to Towne Square

About This Home

As of June 2021

Don't miss out on this fabulous top floor corner condo with 1577 square feet in a Ray Franczak building in Palatine. The floor plan is a desirable split bedroom. The main living area is spacious and well designed for large gatherings and sliding doors leading to the balcony with fantastic views. Lots of little extras in this unit including updated light fixtures, recessed lights, dry-walled ceilings, wood floors throughout, and a large center breakfast island. An eating area was designed to fit a large table with a surround of windows overlooking downtown Palatine. The kitchen has plenty of counter space for cooking and serving, brand new stainless steel appliances in 2020, granite counters and a wonderful window over the sink which you only get in an end unit! The two bedrooms are generous in size and the owner's suite bathroom has a bank of cabinets and a walk in closet providing plenty of storage space. The guest suite can also be used as an office and is across the hall from the 2nd bathroom. Details matter - like the huge laundry room with sink. One parking space#29 and a full storage space in front of the spot. Convenient and desirable location to downtown Palatine, train, restaurants and shopping.

Last Agent to Sell the Property

Denise Curry

Baird & Warner License #475127701 Listed on: 03/12/2021

Baird & Warner

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,176

Year Built

  • Built in 2007

Lot Details

  • 0.85

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,577 Sq Ft Home
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Schools

  • Stuart R Paddock Elementary School
  • Plum Grove Junior High School
  • Wm Fremd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, scavenger, snow removal
  • 32 Units
  • Customer Service Association, Phone Number (847) 359-8980
  • Property managed by W.L. Seymour Inc.
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,176

Year Built

Built in 2007

Lot Details

0

HOA Fees

$377 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
  • Year Built: 2007
  • Age: 11-15 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: 5
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1577
  • Other Equipment: TV-Cable, Security System, Intercom
  • Room Type: No additional rooms
  • Stories Total: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 308000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 377
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: W.L. Seymour Inc.
  • Management Contact Name: CUSTOMER SERVICE
  • Management Phone: 847-359-8980

Fee Information

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

Schools

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

Lot Info

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

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: ??

Tax Info

  • Tax Annual Amount: 7175.91
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 28, 2021
Sold by
Kessel Brandon
Bought by
Parreno Lissette G
Seller's Agent
Denise Curry
Baird & Warner
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
Sold Price
$296,500
Current Estimated Value
$398,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,561
Avg. Annual Appreciation
6.74%
Original Mortgage
$278,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2012
Closed on
Mar 29, 2012
Sold by
Fannie Mae
Bought by
Kessel Brandon
Seller's Agent
Mia Micaletti
Field Street Properties, LLC
Buyer's Agent
Lela Theriault
Baird & Warner
List Price
$190,550
Sold Price
$191,100
Premium/Discount to List
$550
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$137,592
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2011
Sold by
Cadman Zoe
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 17, 2007
Sold by
Cadman Zoe
Bought by
Cadman Zoe and Ffitch Heyes Penny

Purchase Details

Closed on
Jul 9, 2007
Sold by
Palatine Johnson Llc
Bought by
Cadman Zoe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,400
Interest Rate
6.54%
Mortgage Type
Unknown
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
Parreno Lissette G $296,500 First American Title
Kessel Brandon $191,500 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Cadman Zoe -- Chicago Title Insurance Co
Cadman Zoe $371,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parreno Lissette G $278,000
Previous Owner Kessel Brandon $126,330
Previous Owner Kessel Brandon $137,592
Previous Owner Cadman Zoe $352,400
Previous Owner Palatine Johnson Llc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $296,500 -3.7% $188 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
05/02/2021 05/02/21 For Sale -- -- --
04/18/2021 04/18/21 Price Changed $308,000 -2.2% $195 / Sq Ft
03/29/2021 03/29/21 Price Changed $314,900 -3.1% $200 / Sq Ft
03/12/2021 03/12/21 For Sale $324,900 +70.0% $206 / Sq Ft
04/27/2012 04/27/12 Sold $191,100 0.0% $121 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
03/09/2012 03/09/12 Off Market $191,100 -- --
03/02/2012 03/02/12 For Sale $190,550 -- $121 / 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 $8,997 $30,392 $742 $29,650
2023 $8,704 $30,392 $742 $29,650
2022 $8,704 $30,392 $742 $29,650
2021 $7,222 $25,566 $432 $25,134
2020 $7,187 $25,566 $432 $25,134
2019 $7,176 $28,451 $432 $28,019
2018 $6,921 $25,707 $401 $25,306
2017 $6,809 $25,707 $401 $25,306
2016 $6,581 $25,707 $401 $25,306
2015 $4,755 $18,100 $370 $17,730
2014 $4,714 $18,100 $370 $17,730
2013 $4,576 $18,100 $370 $17,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11011564

Midwest Real Estate Data (MRED)

APN: 02-22-201-071-1026