NOT LISTED FOR SALE

Estimated Value: $360,840 - $403,000

2 Beds
2 Baths
1,459 Sq Ft
$373/mo HOA Fee

Last Sold April 01, 2021

Last sale price $290,000 $199 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,125/month

19 Days on Market

Highlights

  • Updated Kitchen
  • Granite Countertops
  • Attached Garage
  • Palatine High School Rated A
  • Balcony
  • Walk-In Closet

About This Home

As of April 2021

Seller hates to leave one of the most desirable buildings in downtown Palatine, The Metropolitan, since it was completely rehabbed within the last year and ready for you to love. This rarely available 4th floor corner condo is sure to wow you the second you enter with its new wide plank hardwood flooring and brand new carpet in the bedrooms. Be greeted by the large, open living room, kitchen and dining room - all perfect for entertaining. Freshly painted in such soft neutral colors. The 9 foot ceilings and all those windows provide such a great feeling in the space and so much light! The living room, with a sliding glass door to large balcony, makes entertaining outdoors a breeze. The simply gorgeous kitchen features white cabinets, a soft grey custom island with breakfast bar and storage on both ends, complimentary granite countertops on perimeter cabinets and quartz countertop on the island, stainless steel appliances, and split face stone backsplash, opens to the spacious dining area. Owner's bedroom features a new natural brick accent wall, a huge walk-in closet and the private bath is complete with double sinks and a large walk-in shower. The second bedroom on the opposite side is large with a spacious closet is not far from a full laundry room with utility sink and completes the perfection you can call home. An extra wide parking space in attached heated garage, with closed view storage closet, too! All this, steps from the Metra and downtown Palatine venues! Come see it and you won't want to leave! No Homeowner Exemption; taxes will be lowered when applied for.

Last Agent to Sell the Property

RoxAnne Abbamonte

HomeSmart Connect LLC License #475112783 Listed on: 01/22/2021

HomeSmart Connect LLC

Last Buyer's Agent

Jason Stallard

Royal Family Real Estate License #475176887

Royal Family Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,783

Year Built | Renovated

  • 2006 | 2020

Lot Details

  • 0.92

HOA Fees

  • $373 per month

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener
  • Visitor Parking
  • Parking Included in Price
  • Garage Is Owned
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Limestone

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,783

Year Built | Renovated

2006 | 2020

Lot Details

0

HOA Fees

$373 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Disability Access: Yes
  • Disability Access Details: 36 inch or more wide halls, Doors-Swing-In, Doors w/Lever Handles, Main Level Entry, No Interior Steps, Disabled Parking, Wheelchair Accessible
  • Unit Floor Level: 4
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2006
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2006
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X5, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Island, Granite Counters, Updated Kitchen
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Walk in Closet, Dimensions: 7X6, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1459
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Limestone
  • Exterior Property Features: Balcony
  • Exposure: N (North), E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Visitor Parking
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Elevator, Storage, Security Door Locks
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 373
  • Management Contact Name: Manager
  • Management Phone: 847-577-3160

Fee Information

  • Management Company: Hughes Management

Schools

  • School District: 211
  • Elementary School: Gray M Sanborn Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 02154010601035

Multi Family

  • Total Number Unitsin Building: 47
  • Number Stories: 5

Tax Info

  • Taxes: 7481.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 23, 2021
Sold by
Ingrid Pinto and Ingrid Volenec Ingrid
Bought by
Mahesh Sundararaman
Seller's Agent
RoxAnne Abbamonte
HomeSmart Connect LLC
Buyer's Agent
Jason Stallard
Royal Family Real Estate
List Price
$292,000
Sold Price
$290,000
Premium/Discount to List
-$2,000
-0.68%
Total Days on Market
19
Current Estimated Value
$374,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,710
Avg. Annual Appreciation
6.24%
Original Mortgage
$232,000
Outstanding Balance
$210,946
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$162,582

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 7, 2019
Sold by
Wilhelm Robert S
Bought by
Volenec Ingrid
Seller's Agent
Kelly Baysinger
Compass
Buyer's Agent
RoxAnne Abbamonte
HomeSmart Connect LLC
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$212,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2018
Closed on
Aug 10, 2018
Sold by
Cannon William T and Cannon Karen M
Bought by
Wilhelm Robert S
Seller's Agent
Sherri Esenberg
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Anne Kaplan
@properties Christie's International Real Estate
List Price
$269,900
Sold Price
$257,500
Premium/Discount to List
-$12,400
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$218,875
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2007
Sold by
Smith Street Development Llc
Bought by
Cannon William T and Cannon Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,463
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mahesh Sundararaman $290,000 Chicago Title
Volenec Ingrid $265,000 First American Title
Wilhelm Robert S $257,500 Fidelity National Title
Cannon William T $302,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahesh Sundararaman $232,000
Previous Owner Volenec Ingrid $212,000
Previous Owner Wilhelm Robert S $218,875
Previous Owner Cannon William T $226,500
Previous Owner Cannon William T $232,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $290,000 -0.7% $199 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $292,000 +10.2% $200 / Sq Ft
08/07/2019 08/07/19 Sold $265,000 -1.5% $182 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $269,000 +4.5% $184 / Sq Ft
08/24/2018 08/24/18 Sold $257,500 -4.6% $176 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $269,900 -- $185 / 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 $7,783 $27,174 $539 $26,635
2023 $7,783 $27,174 $539 $26,635
2022 $7,783 $27,174 $539 $26,635
2021 $7,613 $23,440 $314 $23,126
2020 $7,499 $23,440 $314 $23,126
2019 $7,481 $26,086 $314 $25,772
2018 $5,636 $21,572 $291 $21,281
2017 $5,548 $21,572 $291 $21,281
2016 $5,409 $21,572 $291 $21,281
2015 $5,829 $21,593 $269 $21,324
2014 $6,094 $22,647 $269 $22,378
2013 $5,920 $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: MRD10976865

Midwest Real Estate Data (MRED)

APN: 02-15-401-060-1035