NOT LISTED FOR SALE

Estimated Value: $364,000 - $377,000

2 Beds
2 Baths
1,407 Sq Ft
$393/mo HOA Fee

Last Sold June 21, 2023

Last sale price $335,000 $238 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,925/month

2 Days on Market

Highlights

  • Open Floorplan
  • Lock-and-Leave Community
  • Den
  • Palatine High School Rated A
  • Granite Countertops
  • Stainless Steel Appliances

About This Home

As of June 2023

Spectacular 2 bedroom (PLUS DEN/OFFICE) fourth floor unit in the highly sought-after Metropolitan Building. Located in downtown Palatine, this spacious condo boasts open concept living spaces (living room, dining room, kitchen) that are flooded with natural light. The bonus "flex" room sets this unit apart from others. Whether you need a HOME OFFICE or just an extra space to curl up with your book in your DEN, this flex room adds practical space and character. The sprawling high end kitchen with upgraded appliances, granite counters and 42 inch custom cherry cabinets will be the center of entertainment and meal prep for all occasions. Prepare to feel pampered in this primary bedroom en-suit which includes double vanity, stand alone shower and soaking tub. Coupled with an enormous primary bedroom walk-in closet with custom organizer, you'll likely need to do a little shopping in oder to fill the large space! Lastly, don't forget the "bells and whistles" that this luxury unit boasts: in unit laundry, updated baths, oversized balcony (breathtaking sunsets), heated garage and your own private storage room right across the hall. HOA includes: water, gas/heat, trash, snow, garage. Premier location offers Metra, restaurants, shopping, parks, downtown urban living. WOW -Welcome Home!

Last Agent to Sell the Property

Noel Walton

HomeSmart Connect License #475170491 Listed on: 05/20/2023

HomeSmart Connect

Co-Listed By

Andy Walton

HomeSmart Connect License #475191288

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,666

Year Built

  • Built in 2007

Lot Details

  • 0.92

HOA Fees

  • $393 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,407 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Storage
  • Carpet

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Gray M Sanborn Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 47 Units
  • Manager Association, Phone Number (847) 577-3160
  • Mid-Rise Condominium
  • The Metropolitan Subdivision
  • Property managed by Hughes
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Lobby
  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 35 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,666

Year Built

Built in 2007

Lot Details

0

HOA Fees

$393 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Mid Rise (4-6 Stories)
  • Subdivision Name: The Metropolitan
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Drapes/Blinds, Granite Counters, Lobby
  • LivingArea: 1407
  • Room Type: Den, Balcony/Porch/Lanai
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Square Footage Comments: This is a 2 bedroom plus Den/Office - Please note floor plan
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 325000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 393
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Hughes
  • Management Contact Name: manager
  • Management Phone: 847-577-3160
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, 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: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 5665.75
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jun 19, 2023
Sold by
Margaret P Langtim Trust
Bought by
Wendell Allison Nicole
Seller's Agent
Noel Walton
HomeSmart Connect
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Views
67
Current Estimated Value
$371,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,593
Avg. Annual Appreciation
4.97%
Original Mortgage
$251,250
Outstanding Balance
$246,442
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$126,485

Purchase Details

Closed on
Apr 29, 2019
Sold by
Langtim Margaret and Langtim Melvin
Bought by
Langtim Margaret P and Langtim William C

Purchase Details

Listed on
Aug 15, 2016
Closed on
Jan 4, 2017
Sold by
Robinson Kyle and Robinson Lauren
Bought by
Langtim Melvin and Langtim Margaret
Seller's Agent
Sharron Kelley
@properties Christie's International Real Estate
Buyer's Agent
John Campobasso
Keller Williams Thrive
List Price
$264,900
Sold Price
$252,500
Premium/Discount to List
-$12,400
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Dec 16, 2010
Sold by
Robinson Kyle and Robinson Lauren
Bought by
Robinson Kyle and Robinson Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2008
Sold by
Smith Street Development Llc
Bought by
Robinson Kyle and Morrison Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.42%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Wendell Allison Nicole $335,000 Chicago Title
Langtim Margaret P -- None Available
Langtim Melvin $252,500 None Available
Robinson Kyle -- Fatic
Robinson Kyle $280,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendell Allison Nicole $251,250
Previous Owner Robinson Kyle $220,000
Previous Owner Robinson Kyle $224,000
Previous Owner Smith Street Development Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $335,000 +3.1% $238 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $325,000 +28.7% $231 / Sq Ft
01/20/2017 01/20/17 Sold $252,500 -4.3% $172 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
11/10/2016 11/10/16 Price Changed $263,800 -0.4% $180 / Sq Ft
09/12/2016 09/12/16 Price Changed $264,800 0.0% $180 / Sq Ft
08/15/2016 08/15/16 For Sale $264,900 -- $180 / 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 $6,278 $27,174 $539 $26,635
2023 $6,019 $27,174 $539 $26,635
2022 $6,019 $27,174 $539 $26,635
2021 $5,666 $23,440 $314 $23,126
2020 $7,499 $23,440 $314 $23,126
2019 $7,481 $26,086 $314 $25,772
2018 $6,704 $21,572 $291 $21,281
2017 $6,577 $21,572 $291 $21,281
2016 $6,117 $21,572 $291 $21,281
2015 $6,634 $21,593 $269 $21,324
2014 $6,874 $22,647 $269 $22,378
2013 $6,698 $22,647 $269 $22,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11788352

Midwest Real Estate Data (MRED)

APN: 02-15-401-060-1032