NOT LISTED FOR SALE

224 E Parallel St Unit 224 Palatine, IL 60067

Downtown Palatine Neighborhood

Estimated Value: $329,000 - $361,000

3 Beds
4 Baths
1,545 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2016

Last sale price $191,000 $124 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,744 / mo

14 Days on Market

Highlights

  • Deck
  • Skylights
  • Forced Air Heating and Cooling System
  • Palatine High School Rated A
  • Attached Garage

About This Home

As of August 2016

IMAGINE YOURSELF LIVING IN THIS CHARMING, SUNNY AND BRIGHT THREE STORY TOWNHOME IN THE COVETED MAPLE GROVE. WALK TO PALATINE DOWNTOWN, TRAIN, PARKS, AND SHOPS. CLOSE TO AMENITIES AND ALL THE BEST PALATINE HAS TO OFFER. TWO FULL MASTER BATHROOMS. TWO HALF BATHROOMS. DEN/OFFICE IS PERFECTLY SUITED TO BE USED AS THIRD BEDROOM. METICULOUSLY MAINTAINED. JUST MOVE IN AND ENJOY!

Last Agent to Sell the Property

David Kim

Baird & Warner License #475141491 Listed on: 06/28/2016

Last Buyer's Agent

Helen Oliveri

Helen Oliveri Real Estate License #471001015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1992

Lot Details

  • 1,002

HOA Fees

  • $286 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Skylights

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1992

Lot Details

1,002 Sq Ft Lot

HOA Fees

$286 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.2
  • Estimated Year Built: 1992
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1992

Interior Features

  • Interior Property Features: Skylight(s), 1st Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X09, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 10X09, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X13, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X13, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1545

Exterior Features

  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 286
  • Management Contact Name: M
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: VANGUARD COMMUNITY MANAGEMENT

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 16X61
  • Parcel Identification Number: 02231011420000

Multi Family

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

Tax Info

  • Taxes: 4296

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
Nov 22, 2023
Sold by
Bought by
Current Estimated Value
$348,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2020
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
$260,300
Interest Rate
2.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 19, 2016
Sold by
Bought by
Seller's Agent
David Kim
Baird & Warner
Buyer's Agent
Helen Oliveri
Helen Oliveri Real Estate
List Price
$199,900
Sold Price
$191,000
Premium/Discount to List
-$8,900
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$152,800
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
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
$187,400
Interest Rate
5.78%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Palatine, IL

  • Michael Sorensen Real Estate Agent - Chicagoland Brokers, Inc.

    Michael Sorensen

    Chicagoland Brokers, Inc.

    (888) 604-7961

    82 Total Sales

    1 in Downtown Palatine

    $290,000 Price

    Michael Sorensen
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  • Bonnie Antosh Real Estate Agent - RE/MAX Suburban

    Bonnie Antosh

    RE/MAX Suburban

    (224) 877-7523

    82 Total Sales

    2 in Downtown Palatine

    $231K - $235K Price Range

    Bonnie Antosh
     Section Image
  • Dale Logan Real Estate Agent - Coldwell Banker Realty

    Dale Logan

    Coldwell Banker Realty

    (224) 507-1772

    18 Total Sales

    2 in Downtown Palatine

    $375K - $400K Price Range

    Dale Logan
     Section Image
  • Elizabeth Goodchild Real Estate Agent - Realty of America

    Elizabeth Goodchild

    Realty of America

    (224) 479-1826

    484 Total Sales

    11 in Downtown Palatine

    $247K - $575K Price Range

    Elizabeth Goodchild
     Section Image
  • Caroline Starr Real Estate Agent - @properties Christie's International Real Estate

    Caroline Starr

    @properties Christie's International Real Estate

    (224) 801-3051

    371 Total Sales

    9 in Downtown Palatine

    $215K - $401K Price Range

    Caroline Starr
     Section Image
  • Tom Campone Real Estate Agent - Keller Williams ONEChicago

    Tom Campone

    Keller Williams ONEChicago

    (725) 228-7482

    198 Total Sales

    1 in Downtown Palatine

    $512,000 Price

    Tom Campone
     Section Image
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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
$315,000 Proper Title
$274,000 Fidelity National Title
$191,000 Precision Title Company
$236,000 Stewart Title Of Illinois
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 $250,500
Closed $252,000
Previous Owner $260,300
Previous Owner $152,800
Previous Owner $187,400
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
08/19/2016 08/19/16 Sold $191,000 -4.5% $124 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $199,900 -- $129 / 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 $6,513 $27,000 $2,644 $24,356
2024 $6,513 $22,000 $4,000 $18,000
2023 $6,301 $22,000 $4,000 $18,000
2022 $6,301 $22,000 $4,000 $18,000
2021 $6,210 $19,121 $1,017 $18,104
2020 $5,125 $19,121 $1,017 $18,104
2019 $5,123 $21,293 $1,017 $20,276
2018 $4,775 $18,801 $915 $17,886
2017 $5,732 $18,801 $915 $17,886
2016 $4,623 $18,801 $915 $17,886
2015 $4,332 $16,721 $839 $15,882
2014 $4,296 $16,721 $839 $15,882
2013 $4,168 $16,721 $839 $15,882
Source: Public Records

Agents Affiliated with this Home

  • David Kim Real Estate Agent - Baird & Warner

    Seller's Agent in 2016

    David Kim

    Baird & Warner

    (773) 616-4989

    1 in this area

    61 Total Sales

    David Kim
    Section Image
  • Helen Oliveri Real Estate Agent - Helen Oliveri Real Estate

    Buyer's Agent in 2016

    Helen Oliveri

    Helen Oliveri Real Estate

    (847) 967-0022

    3 in this area

    349 Total Sales

    Helen Oliveri
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09272002

Midwest Real Estate Data (MRED)

APN: 02-23-101-142-0000

Illinois Cook County Palatine 60067 Downtown Palatine

224 E Parallel St Unit 224, 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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