$295,000
SOLD NOV 26, 2024
1 Bed
1 Bath
1,100 Sq Ft
$448/mo HOA Fee

Recently Sold

$268 Per Sq Ft

1% Below List Price

9 Days on Market

Highlights

  • Rooftop Deck
  • Vaulted Ceiling
  • End Unit
  • Palatine High School Rated A
  • Wood Flooring
  • 4-minute walk to Towne Square

About This Home

As of November 2024

Nestled in the heart of Downtown Palatine, this residence offers unique convenience just steps away from the Metro Station, restaurants, shopping, & the Saturday Farmer's Market. Enjoy easy access to parks, groceries, & all the amenities of urban living. One of a kind 28'x 17' Private Terrace. This 1 Bed 1 Bath loft boasts Granite Counter Tops, Hardwood heated Floors, bedroom carpet(2020), Gas Fireplace, Upgraded Cabinets, Custom Window Treatments, New Blinds(2021), Washer & Dryer in unit(2024), Stainless Steel Appliances, Sub-Zero Refrigerator, Beverage Cooler, Dishwasher (2024), Heated Indoor Deeded Parking & same floor Storage unit, custom designed closet(2023), 10ft vaulted ceilings. Palatine School Districts #211 & 15. Water/gas/internet/cable/garbage included in HOA. Don't miss your chance to own this one of a kind unit in Downtown Palatine!

Last Agent to Sell the Property

Daniel Nierman

4 Sale Realty Advantage License #471018942 Listed on: 10/04/2024

Last Buyer's Agent

Dean Tubekis

Coldwell Banker Realty License #475137834

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,666

Year Built

  • Built in 2007

Lot Details

  • End Unit

HOA Fees

  • $448 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace
  • Shed

Schools

  • Gray M Sanborn Elementary School
  • Walter R Sundling Middle School
  • Palatine High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, security, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 54 Units
  • Greg Ohara Association, Phone Number (847) 490-3833
  • Property managed by Associa Chicagoland

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,666

Year Built

Built in 2007

Lot Details

0

HOA Fees

$448 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1100
  • Other Equipment: Fire Sprinklers, Ceiling Fan(s)
  • Room Type: Terrace, Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, End Unit
  • List Price: 299000
  • Lot Features: Common Grounds
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 448
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Greg Ohara
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, TV/Cable, 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 Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5666
  • Tax Year: 2022

Multi Family

  • Units in Building: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 21, 2024
Sold by
Zirngibl Richard
Bought by
John Jibu and John Lincy
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Dean Tubekis
Coldwell Banker Realty
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Views
19
Current Estimated Value
$303,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,470
Avg. Annual Appreciation
1.76%
Original Mortgage
$221,250
Outstanding Balance
$220,174
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$78,504

Purchase Details

Listed on
Jul 3, 2019
Closed on
Sep 30, 2019
Sold by
Wubs David A and Wubs Julie A
Bought by
Zirngibl Richard
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
Sheila Brunetti
RE/MAX Suburban
List Price
$254,900
Sold Price
$235,000
Premium/Discount to List
-$19,900
-7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$220,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2006
Sold by
Hummel Development Group Llc
Bought by
Wubs David A and Wubs Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $295,000 Fidelity National Title
Warranty Deed $235,000 First American Title
Special Warranty Deed $343,500 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,250 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $263,475 New Conventional
Previous Owner $274,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $295,000 -1.3% $268 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $299,000 +27.2% $272 / Sq Ft
09/30/2019 09/30/19 Sold $235,000 -6.0% --
09/03/2019 09/03/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $249,900 -2.0% --
07/03/2019 07/03/19 For Sale $254,900 -- --
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 $5,888 $23,204 $271 $22,933
2023 $5,666 $23,204 $271 $22,933
2022 $5,666 $23,204 $271 $22,933
2021 $5,343 $19,781 $158 $19,623
2020 $6,328 $19,781 $158 $19,623
2019 $6,313 $22,013 $158 $21,855
2018 $4,976 $16,013 $146 $15,867
2017 $4,882 $16,013 $146 $15,867
2016 $4,540 $16,013 $146 $15,867
2015 $4,561 $14,844 $125 $14,719
2014 $4,505 $14,844 $125 $14,719
2013 $4,390 $14,844 $125 $14,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12180334

Midwest Real Estate Data (MRED)

APN: 02-15-424-012-1050