NOT LISTED FOR SALE

225 E Parallel St Unit 2C Palatine, IL 60067

Downtown Palatine Neighborhood

Estimated Value: $309,000 - $320,000

3 Beds
4 Baths
1,545 Sq Ft
$204/Sq Ft Est. Value

About This Home

Private and serene, two words that are rarely used to describe a rental property, but this unit will be a pleasant surprise. This townhome rental features 2 ensuite bedrooms with vaulted ceilings and tons of natural light. The spacious main living area features a beautiful stone fireplace and 2 balconies to enjoy the sunrise with a cup of coffee in the morning and the sunset with a glass of wine at night. An updated kitchen features granite counters and stainless steel appliances. The first floor also features a spacious room that could be used as an office, den or 3rd bedroom. This unit has a bathroom on all 3 floors with a private garage space and in unit laundry. The private cul-de-sac location is close to parks and provides easy access to Rt 53. For this rental price, this unit will not last long!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Lydigsen Daniel and Landers Jennifer
Bought by
Doro Samantha and Mcfarland Celina
Current Estimated Value
$314,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$167,858
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$157,086

Purchase Details

Closed on
Sep 8, 2006
Sold by
Gust Nancy
Bought by
Lydigsen Daniel and Landers Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
6.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2005
Sold by
Meyers Lois
Bought by
Gust Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 6, 2000
Sold by
Michalsen Kevin A and Michalsen Kimberly M
Bought by
Meyers Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.5%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Newlin David R and Newlin Dina J
Bought by
Michalsen Kevin A and Michalsen Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
8.43%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Doro Samantha $230,000 Fort Dearborn Title
Lydigsen Daniel $265,000 Republic Title Company
Gust Nancy $245,000 Atgf Inc
Meyers Lois $155,000 --
Michalsen Kevin A $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doro Samantha $184,000
Previous Owner Lydigsen Daniel $236,451
Previous Owner Lydigsen Daniel $251,750
Previous Owner Gust Nancy $145,000
Previous Owner Meyers Lois $124,000
Previous Owner Michalsen Kevin A $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Rented $1,850 -7.5% --
09/15/2017 09/15/17 For Rent $2,000 -- --

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 $6,587 $23,000 $4,000 $19,000
2023 $6,587 $23,000 $4,000 $19,000
2022 $6,587 $23,000 $4,000 $19,000
2021 $6,196 $19,078 $1,017 $18,061
2020 $5,111 $19,078 $1,017 $18,061
2019 $5,110 $21,246 $1,017 $20,229
2018 $4,817 $18,936 $915 $18,021
2017 $4,744 $18,936 $915 $18,021
2016 $4,661 $18,936 $915 $18,021
2015 $4,356 $16,800 $839 $15,961
2014 $4,319 $16,800 $839 $15,961
2013 $4,191 $16,800 $839 $15,961
Source: Public Records

Agents Affiliated with this Home

  • Justin Greenberg

    Seller's Agent in 2017

    Justin Greenberg

    Jameson Sotheby's International Realty

    (847) 975-7658

    3 in this area

    179 Total Sales

    Justin Greenberg
    Section Image
  • Milan Wrobel

    Buyer's Agent in 2017

    Milan Wrobel

    Keller Williams ONEChicago

    Section Image
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Map

Illinois Cook County Palatine 60067 Downtown Palatine

225 E Parallel St Unit 2C, Palatine, IL

This home is located at 225 E Parallel St Unit 2C, Palatine, IL 60067 and is currently estimated at $314,948, approximately $203 per square foot. 225 E Parallel St Unit 2C is a home located in Cook County with nearby schools including Gray M Sanborn Elementary School, Walter R. Sundling Junior High School, and Palatine High School.

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.

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