$158,000
SOLD AUG 5, 2025
1 Bed
1 Bath
535 Sq Ft
$221/mo HOA Fee

Recently Sold

$295 Per Sq Ft

3% Below List Price

98 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Living Room
  • Palatine High School Rated A
  • Property is near a park
  • Resident Manager or Management On Site

About This Home

As of August 2025

Beautiful 1 bed, 1 Baths ready to move condo ideally located near the historical Palatine downtown, park district, restaurants, shopping centers, train station, and Northwest Hwy. Features kitchen cabinetry, stainless steel appliances. Additional features include new wood laminate floors, freshly painted and new furnace and AC. The spacious master bedroom features a large double closet and parking is included. The the storage room and laundry are located in the basement. . This condo a must be seen to appreciate. Investors welcome.

Last Agent to Sell the Property

Luis Serrano

Keller Williams Thrive License #475147058 Listed on: 04/02/2025

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,326

Year Built

  • Built in 1967

HOA Fees

  • $221 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 535 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Schools

  • Gray M Sanborn Elementary School
  • Palatine High School

Utilities

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

Additional Features

  • Deck
  • Landscaped Professionally
  • Property is near a park

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Pam Stanish Association, Phone Number (847) 985-4044
  • Colonial Court Subdivision
  • Property managed by ABA Property Managers, INC

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,326

Year Built

Built in 1967

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Colonial Court
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Interior Amenities: Storage
  • LivingArea: 535
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • List Price: 163000
  • Lot Features: Common Grounds, Landscaped
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Assigned, On Site, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 221
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Community Features: Park
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ABA Property Managers, INC
  • Management Contact Name: Pam Stanish
  • Management Phone: 847-985-4044

Fee Information

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

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 2326.06
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 9, 2015
Sold by
Teplitz Jason M
Bought by
Martinez David
Seller's Agent
Stacy Kondziolka
Baird & Warner
Buyer's Agent
Jorge Luna
REMAX Legends
List Price
$67,500
Sold Price
$65,000
Premium/Discount to List
-$2,500
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$60,000
Outstanding Balance
$48,602
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$109,978

Purchase Details

Closed on
May 15, 2002
Sold by
Mccormick Roy H
Bought by
Teplitz Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,875
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 1998
Sold by
Neulist Jakob J
Bought by
Mccormick Roy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,000 Fidelity National Title
Warranty Deed $72,500 Attorneys Title Guaranty Fun
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Closed $7,500 Stand Alone Second
Previous Owner $68,875 FHA
Previous Owner $55,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $158,000 -3.1% $295 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $163,000 +3.2% $305 / Sq Ft
07/02/2025 07/02/25 Off Market $158,000 -- --
05/28/2025 05/28/25 Price Changed $163,000 -1.2% $305 / Sq Ft
04/02/2025 04/02/25 For Sale $165,000 +153.8% $308 / Sq Ft
10/09/2015 10/09/15 Sold $65,000 -3.7% $121 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $67,500 -- $126 / 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 $2,326 $7,859 $983 $6,876
2023 $2,250 $7,859 $983 $6,876
2022 $2,250 $7,859 $983 $6,876
2021 $2,207 $6,796 $573 $6,223
2020 $2,174 $6,796 $573 $6,223
2019 $2,169 $7,562 $573 $6,989
2018 $1,517 $4,880 $532 $4,348
2017 $1,488 $4,880 $532 $4,348
2016 $1,384 $4,880 $532 $4,348
2015 $1,589 $5,171 $491 $4,680
2014 $1,570 $5,171 $491 $4,680
2013 $2,165 $7,319 $491 $6,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12328270

Midwest Real Estate Data (MRED)

APN: 02-23-101-114-1007