NOT LISTED FOR SALE

2031 N Ginger Creek Dr Unit 32D Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $154,000 - $234,000

2 Beds
1 Bath
900 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $112,500 $125 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,723/month

8 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • 1-Story Property
  • Palatine High School Rated A
  • Dogs and Cats Allowed

About This Home

As of August 2021

Penthouse unit with private entrance. Easy access to local shopping and expressway. Private garage, Community Pool, Lawn Care, Snow Removal... Low Maintenance! All for the LOWEST HOA fee in the area.

Last Agent to Sell the Property

Brian T. Wolf

RE/MAX At Home License #475137865 Listed on: 07/14/2021

Last Buyer's Agent

Akash Patel

Chicago Realty Experts, LLC License #471020968

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 1981

Lot Details

  • 13.51

HOA Fees

  • $260 Monthly HOA Fees

Parking

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

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Invwestc@Ciramail.Com Association, Phone Number (847) 991-6000
  • Property managed by RealManage

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,645

Year Built

Built in 1981

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-Ranch
  • Year Built: 1981
  • 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
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: RealManage
  • Management Contact Name: INVWESTC@ciramail.com
  • Management Phone: 847-991-6000X4230

Fee Information

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

Schools

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

Lot Info

  • 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: 2644.73
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2024
Sold by
Patel Amar
Bought by
Jyoti Properties Llc
Current Estimated Value
$207,433

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 23, 2021
Sold by
Leverenz Richard and Leverenz Susan
Bought by
Patel Amar
Seller's Agent
Brian T. Wolf
RE/MAX At Home
Buyer's Agent
Akash Patel
Chicago Realty Experts, LLC
List Price
$125,000
Sold Price
$112,500
Premium/Discount to List
-$12,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Original Mortgage
$84,375
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Leverenz Richard C and Leverenz Susan M
Bought by
Leverenz Richard C and Leverenz Susan M

Purchase Details

Closed on
Apr 3, 2006
Sold by
Gikaru Wambui S
Bought by
Leverenz Richard C and Leverenz Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 4, 2001
Sold by
Mutungi Joshua M and Kivinda Mwende
Bought by
Gikaru Wambui S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1997
Sold by
Hedlund Todd and Hedlund Jennifer A
Bought by
Mutungi Joshua M and Kivinda Mwende

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.54%
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
Jyoti Properties Llc -- None Listed On Document
Patel Amar $112,500 Stewart Title
Leverenz Richard C -- None Available
Leverenz Richard C $150,000 Multiple
Gikaru Wambui S $115,000 --
Mutungi Joshua M $52,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Amar $84,375
Previous Owner Leverenz Richard C $112,500
Previous Owner Gikaru Wambui S $107,550
Previous Owner Mutungi Joshua M $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $112,500 -10.0% $125 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $125,000 -- $139 / 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 $4,351 $14,697 $2,390 $12,307
2023 $4,209 $14,697 $2,390 $12,307
2022 $4,209 $14,697 $2,390 $12,307
2021 $2,673 $8,229 $2,022 $6,207
2020 $2,633 $8,229 $2,022 $6,207
2019 $2,645 $9,222 $2,022 $7,200
2018 $2,100 $6,757 $1,838 $4,919
2017 $2,060 $6,757 $1,838 $4,919
2016 $1,916 $6,757 $1,838 $4,919
2015 $2,124 $6,913 $1,654 $5,259
2014 $3,413 $11,244 $1,654 $9,590
2013 $3,326 $11,244 $1,654 $9,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11050493

Midwest Real Estate Data (MRED)

APN: 02-01-201-023-1116