$265,000
SOLD MAY 4, 2021
2 Beds
2 Baths
1,325 Sq Ft
$487/mo HOA Fee

Recently Sold

$200 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Pantry
  • Balcony
  • Palatine High School Rated A
  • Stainless Steel Appliances
  • 4-minute walk to Towne Square

About This Home

As of May 2021

SPECTACULAR OPPORTUNITY FOR THIS 2BED/2BATH LOFT CONDO WITH DEEDED PARKING IN THE UNDERGROUND HEATED GARAGE! Commuters Dream a short walk to the METRA Station. This unit is the largest model - has open concept living space ! Enjoy gleaming hardwood floors throughout. Gourmet kitchen has endless 42' maple cabinets, granite counters & stainless steel appliances. Additional breakfast bar for extra seating, plus separate room for dining table. Tons of windows drench this home with natural light and the Private balcony off living room is perfect for entertaining! Plenty of space for storage in the huge in-unit laundry room - Plus a separate secure storage room! Perfect corner location with HUGE outdoor rooftop sundeck and party room located immediately adjacent. HOA includes digital cable, WIFI, snow removal, exterior maintenance, common insurance & garbage! Great schools, dining, shopping and night life in this downtown urban setting. This unit also has a reserved parking space in addition to the heated garage parking ~ Hurry!

Last Agent to Sell the Property

Jim Murre

Coldwell Banker Realty License #475140342 Listed on: 03/26/2021

Coldwell Banker Realty

Last Buyer's Agent

Ashley Leavitt

Compass License #475164626

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,238

Year Built

  • 2006

HOA Fees

  • $487 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Wood Flooring
  • Door Monitored By TV

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,238

Year Built

2006

Lot Details

0

HOA Fees

$487 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Unit Floor Level: 4
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2006
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X12, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, Intercom, CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X9, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Walk-in
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Balcony, Dimensions: 10X6, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1325
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Concrete
  • Exterior Property Features: Balcony, Door Monitored By TV

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Radiant

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Saturday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Restaurant, Security Door Locks, Laundry
  • Assessment Includes: Parking, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 487
  • Management Contact Name: Manager
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: Vanguard Community

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: 02154240121060

Multi Family

  • Total Number Unitsin Building: 54
  • Number Stories: 1

Tax Info

  • Taxes: 7553.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 3, 2021
Sold by
Narayanan Sreenivasan and Sreenivasan Narayanan 2017
Bought by
Chapman Clayton L and Chapman Kelly A
Seller's Agent
Jim Murre
Coldwell Banker Realty
Buyer's Agent
Ashley Leavitt
Compass
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$359,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,818
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Mar 17, 2017
Sold by
Narayanan Sreenicasan
Bought by
Dec Narayanan Sreenivasa and Dec Sreenivasan Natayanan 2017

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 14, 2013
Sold by
Fannie Mae
Bought by
Narayanan Sreenivasan
Seller's Agent
Larry Shakman
Labra Group
Buyer's Agent
Jim Murre
Coldwell Banker Realty
List Price
$259,900
Sold Price
$237,500
Premium/Discount to List
-$22,400
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$190,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Kalaway Thomas and Kalaway Thomas E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2006
Sold by
Hummel Development Group Llc
Bought by
Kalaway Thomas and Kalaway Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,550
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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
Deed $265,000 Chicago Title
Interfamily Deed Transfer -- None Available
Special Warranty Deed $237,500 Git
Sheriffs Deed -- None Available
Special Warranty Deed $397,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $155,000 New Conventional
Previous Owner $190,000 New Conventional
Previous Owner $317,550 Purchase Money Mortgage
Previous Owner $39,650 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $265,000 0.0% $200 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $265,000 0.0% $200 / Sq Ft
11/04/2019 11/04/19 Rented $2,150 -4.4% --
10/10/2019 10/10/19 Under Contract -- -- --
09/17/2019 09/17/19 Price Changed $2,250 -6.3% $2 / Sq Ft
09/05/2019 09/05/19 For Rent $2,400 0.0% --
12/02/2013 12/02/13 Sold $237,500 -1.0% $183 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/21/2013 10/21/13 Price Changed $239,900 -7.7% $185 / Sq Ft
09/18/2013 09/18/13 For Sale $259,900 -- $200 / 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 $7,238 $27,766 $325 $27,441
2023 $6,973 $27,766 $325 $27,441
2022 $6,973 $27,766 $325 $27,441
2021 $7,687 $23,669 $189 $23,480
2020 $7,572 $23,669 $189 $23,480
2019 $7,554 $26,340 $189 $26,151
2018 $5,955 $19,161 $175 $18,986
2017 $5,842 $19,161 $175 $18,986
2016 $5,433 $19,161 $175 $18,986
2015 $5,457 $17,761 $149 $17,612
2014 $5,391 $17,761 $149 $17,612
2013 $5,253 $17,761 $149 $17,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11034712

Midwest Real Estate Data (MRED)

APN: 02-15-424-012-1060