NOT LISTED FOR SALE

221 E Parallel St Unit 2E Palatine, IL 60067

Downtown Palatine Neighborhood

Estimated Value: $311,060 - $329,000

3 Beds
2 Baths
1,396 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2018

Last sale price $190,000 $136 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,541 / mo

52 Days on Market

Highlights

  • Vaulted Ceiling
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Palatine High School Rated A

About This Home

As of April 2018

Great opportunity and great location. This Maple Grove Town-home is freshly painted, newer appliances and has brand new carpet throughout. Located only minutes from down town Palatine and the commuter train. 3 floors of living space with approx 1,400 sf and you can utilize the main floor room as a bedroom or additional family room living space. You will love the spacious master suite which features vaulted ceilings and plenty of closet space.

Last Agent to Sell the Property

Mike Nielsen

Re/Max Advantage License #471007559 Listed on: 12/18/2017

Re/Max Advantage

Last Buyer's Agent

Celeste Barr

eXp Realty License #475094890

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1992

Lot Details

  • 1,002

HOA Fees

  • $290 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1992

Lot Details

1,002 Sq Ft Lot

HOA Fees

$290 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1992
  • Tax Exemptions: Homeowner
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1992

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X16, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 11X8, On Level: 2nd Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X13, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: 3rd Level
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1396
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 290
  • Management Contact Name: representative
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: Associa Mgmt Company

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 17X62
  • Parcel Identification Number: 02231011250000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 4143.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
Bought by
Current Estimated Value
$322,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$189,688
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$133,077

Purchase Details

Closed on
Jul 31, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 28, 2018
Sold by
Bought by
Seller's Agent
Mike Nielsen
Re/Max Advantage
Buyer's Agent
Celeste Barr
eXp Realty
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$160,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,033
Interest Rate
7.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 First American Title
$196,500 Attorneys Ttl Guaranty Fund
$190,000 Attorney
$165,000 Fatic
$82,333 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Previous Owner $157,200
Previous Owner $160,000
Previous Owner $148,500
Previous Owner $123,033
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/02/2018 04/02/18 Sold $190,000 -5.0% $136 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $199,900 -- $143 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,217 $25,000 $2,644 $22,356
2024 $6,217 $21,000 $4,000 $17,000
2023 $5,035 $21,000 $4,000 $17,000
2022 $5,035 $21,000 $4,000 $17,000
2021 $5,103 $19,042 $1,017 $18,025
2020 $5,099 $19,042 $1,017 $18,025
2019 $6,081 $21,205 $1,017 $20,188
2018 $4,250 $17,110 $915 $16,195
2017 $4,188 $17,110 $915 $16,195
2016 $4,143 $17,110 $915 $16,195
2015 $4,141 $16,100 $839 $15,261
2014 $4,107 $16,100 $839 $15,261
2013 $3,984 $16,100 $839 $15,261
Source: Public Records

Agents Affiliated with this Home

  • Mike Nielsen

    Seller's Agent in 2018

    Mike Nielsen

    Re/Max Advantage

    (847) 276-0199

    167 Total Sales

    Mike Nielsen
    Section Image
  • Celeste Barr

    Buyer's Agent in 2018

    Celeste Barr

    eXp Realty

    (224) 220-3153

    1 in this area

    88 Total Sales

    Celeste Barr
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09819305

Midwest Real Estate Data (MRED)

APN: 02-23-101-125-0000

Illinois Cook County Palatine 60067 Downtown Palatine

221 E Parallel St Unit 2E, Palatine, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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