220 W Colfax St Unit 102 Palatine, IL 60067
Downtown Palatine Neighborhood
1
Bed
1
Bath
--
Sq Ft
$285/mo
HOA Fee
Highlights
- End Unit
- 5-minute walk to Palatine Station
- Formal Dining Room
- Palatine High School Rated A
- Den
- Intercom
About This Home
As of December 2024Downtown Palatine - Investors Welcome , low assessments. Fantastic location walk or a short ride to everything. 2 exterior parking spaces. 1 bed with large walk-in closet (9 x 5), 1 bath, den/office (10 x 8) with a closet can be used as a bedroom, dining room, living room, kitchen, patio (12 x 6). 1 block to Metra Train Station with seasonal farmers market, coffee shop, several restaurants. 2 blocks to the post office, Palatine Towne Square and the site of many festivals including the popular Palatine Street Fest. Under a mile to 2 grocery stores, Palatine Park District and Community Center and annual 4th of July festival. Pets and rentals allowed. Property tax does not include a homeowners exemption.
Last Agent to Sell the Property
Baird & Warner License #475128417 Listed on: 10/14/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices Starck Real Estate License #475167466
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,182
Year Built
- Built in 1971
HOA Fees
- $285 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Den
- Intercom
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
- Unassigned Parking
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Patio
- End Unit
Community Details
Overview
- Association fees include heat, water, parking, scavenger
- 8 Units
- Rose Jurczewski Association, Phone Number (847) 490-3833
- Low-Rise Condominium
- Georgetown Subdivision, 1St Flr Floorplan
- Property managed by Associa
Amenities
- Common Area
- Coin Laundry
Pet Policy
- Pets up to 35 lbs
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Dec 12, 2024
Sold by
Morkert-Munoz Gabriel O and Berg Gwenyth
Bought by
Featherstone Holdings Llc
Seller's Agent
Cathy Stocki
Baird & Warner
Buyer's Agent
Sherry Featherstone
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$155,000
Sold Price
$154,000
Premium/Discount to List
-$1,000
-0.65%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,471
Avg. Annual Appreciation
0.81%
Purchase Details
Closed on
Oct 12, 2021
Sold by
Fisher Matthew C
Bought by
Morkert Munoz Gabriel O and Berg Gwenyth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 6, 2014
Closed on
Oct 21, 2014
Sold by
Fannie Mae
Bought by
Fisher Matthew C
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Anne DuBray
Coldwell Banker Realty
List Price
$98,900
Sold Price
$82,000
Premium/Discount to List
-$16,900
-17.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$65,600
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Aug 14, 2007
Sold by
Nordgren Amy L and Nordgren Kenneth J
Bought by
Cummuta Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.72%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 20, 2004
Sold by
Brashier Rachel and Brashier Rod A
Bought by
Nordgren Amy L and Nordgren Kenneth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.77%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 28, 2001
Sold by
Suburban Bank & Trust Company
Bought by
Brashier Rachel and Brashier Roderick A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.05%
Mortgage Type
FHA
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $154,000 | None Listed On Document | |
| Warranty Deed | $117,000 | Attorney | |
| Special Warranty Deed | $82,000 | Attorneys Title Guaranty Fun | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $132,000 | First American Title Ins Co | |
| Warranty Deed | $122,000 | First American Title Ins Co | |
| Deed | $95,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $111,150 | New Conventional | |
| Previous Owner | $65,600 | New Conventional | |
| Previous Owner | $132,000 | Unknown | |
| Previous Owner | $111,200 | FHA | |
| Previous Owner | $92,643 | FHA | |
| Previous Owner | $18,000 | Credit Line Revolving | |
| Previous Owner | $12,000 | Unknown | |
| Previous Owner | $93,000 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $154,000 | -0.6% | -- |
| 12/07/2024 12/07/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $155,000 | 0.0% | -- |
| 11/02/2024 11/02/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | For Sale | $155,000 | 0.0% | -- |
| 10/14/2024 10/14/24 | Price Changed | $155,000 | 0.0% | -- |
| 08/01/2019 08/01/19 | Rented | $1,300 | 0.0% | -- |
| 07/17/2019 07/17/19 | For Rent | $1,300 | 0.0% | -- |
| 11/25/2014 11/25/14 | Sold | $82,000 | +2.6% | $106 / Sq Ft |
| 10/15/2014 10/15/14 | Pending | -- | -- | -- |
| 09/11/2014 09/11/14 | Price Changed | $79,900 | -19.2% | $103 / Sq Ft |
| 08/06/2014 08/06/14 | For Sale | $98,900 | -- | $128 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,182 | $10,748 | $1,196 | $9,552 |
| 2023 | $3,078 | $10,748 | $1,196 | $9,552 |
| 2022 | $3,078 | $10,748 | $1,196 | $9,552 |
| 2021 | $2,566 | $7,900 | $697 | $7,203 |
| 2020 | $2,527 | $7,900 | $697 | $7,203 |
| 2019 | $2,521 | $8,792 | $697 | $8,095 |
| 2018 | $1,834 | $5,902 | $647 | $5,255 |
| 2017 | $1,799 | $5,902 | $647 | $5,255 |
| 2016 | $1,673 | $5,902 | $647 | $5,255 |
| 2015 | $1,700 | $5,532 | $597 | $4,935 |
| 2014 | $2,089 | $6,884 | $597 | $6,287 |
| 2013 | $1,569 | $5,304 | $597 | $4,707 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Cathy Stocki
Baird Warner
(224) 578-3407
4 in this area
33 Total Sales
-
S
Buyer's Agent in 2024
Sherry Featherstone
Berkshire Hathaway HomeServices Starck Real Estate
1 in this area
10 Total Sales
-
Seller's Agent in 2019
C. Steven Weirich
Compass
(847) 607-6711
6 in this area
69 Total Sales
-
Buyer's Agent in 2019
Sherri Dunne
@ Properties
(708) 228-3906
6 in this area
95 Total Sales
-
Seller's Agent in 2014
Frank DeNovi
Compass
(847) 770-3344
1 in this area
195 Total Sales
-
Buyer's Agent in 2014
Anne DuBray
Coldwell Banker Realty
(847) 877-8870
346 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12171635
APN: 02-15-400-053-1002
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