240 E Parallel St Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $326,000 - $404,000
4
Beds
4
Baths
1,715
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Landscaped Professionally
- Stainless Steel Appliances
- Palatine High School Rated A
- End Unit
- Balcony
About This Home
As of October 2020It's a good life at 240 E. Parallel! Quiet, cul de sac location ~ and so very light, bright and airy! This perfectly situated end-unit has been recently and professionally renovated with top-to-bottom open concept kitchen rebuild ~ all new cabinets, black stainless-steel LG appliances, granite countertops, under-cabinet lighting, separate wine fridge and all new fixtures. Both of the full bathrooms on the upper level have also been completely gutted and professionally renovated with new tile, flooring, cabinets, granite countertops, fixtures and lighting. Solatube skylights installed in both upper bathrooms bring in tons of natural light. All windows were recently replaced with triple-pane glass units along with a new sliding glass door. Three upstairs bedrooms, all with vaulted ceilings and great closet space ~ the master bedroom has a huge walk-in closet with custom Elfa multi-level racking. This unit also features a main level bedroom/den with brand new carpet that has its own bathroom. Full-sized washer/dryer in unit. Two car attached garage with recently upgraded door, 240v/30a level 2 car charging receptacle and extra cabinetry of additional storage. Close to train, Palatine schools, Community Park, Village Hall and the soon-to-open Amazon distribution center.
Last Agent to Sell the Property
RE/MAX Suburban License #475130404 Listed on: 09/04/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,305
Year Built
- 1992
Lot Details
- End Unit
- Cul-De-Sac
- Landscaped Professionally
HOA Fees
- $299 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- Skylights
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Entrance Foyer
- Laminate Flooring
Kitchen
- Updated Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Separate Shower
Laundry
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Home Security
Outdoor Features
- Balcony
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
- $6,000 Seller Concession
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Common Area
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2020
Closed on
Oct 23, 2020
Sold by
Ayers Charles E and Ayers Diane S
Bought by
Garcia Jessica L
Seller's Agent
Dale Tadelman
RE/MAX Suburban
Buyer's Agent
Thomas Gosse
Berkshire Hathaway HomeServices Chicago
List Price
$264,900
Sold Price
$261,000
Premium/Discount to List
-$3,900
-1.47%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,662
Avg. Annual Appreciation
6.71%
Original Mortgage
$247,950
Outstanding Balance
$223,958
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$128,141
Purchase Details
Closed on
Nov 4, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Ayers Charles E and Ayers Diane S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.22%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 25, 2010
Sold by
Chausse Dawn M
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Jan 27, 2005
Sold by
Chiang Wai Ho
Bought by
Chausse Dawn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
5.79%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 24, 2003
Sold by
Chiang Wai Yee and Chiang Cheung Lee
Bought by
Chiang Wai Ho
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.62%
Mortgage Type
Unknown
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Jessica L | $261,000 | Premier Title | |
| Ayers Charles E | $190,000 | Parks Title | |
| Jpmorgan Chase Bank National Association | -- | None Available | |
| Chausse Dawn M | -- | Lawyers | |
| Chiang Wai Ho | $160,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Jessica L | $247,950 | |
| Previous Owner | Ayers Charles E | $105,000 | |
| Previous Owner | Chausse Dawn M | $220,800 | |
| Previous Owner | Chiang Wai Ho | $16,900 | |
| Previous Owner | Chiang Wai Ho | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $261,000 | -1.5% | $152 / Sq Ft |
| 09/11/2020 09/11/20 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $264,900 | -- | $154 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,305 | $25,434 | $4,000 | $21,434 |
| 2023 | $6,305 | $25,434 | $4,000 | $21,434 |
| 2022 | $6,305 | $25,434 | $4,000 | $21,434 |
| 2021 | $6,940 | $21,370 | $1,474 | $19,896 |
| 2020 | $5,844 | $21,370 | $1,474 | $19,896 |
| 2019 | $5,842 | $23,798 | $1,474 | $22,324 |
| 2018 | $5,464 | $21,019 | $1,326 | $19,693 |
| 2017 | $5,379 | $21,019 | $1,326 | $19,693 |
| 2016 | $5,960 | $21,019 | $1,326 | $19,693 |
| 2015 | $5,285 | $17,200 | $1,216 | $15,984 |
| 2014 | $5,220 | $17,200 | $1,216 | $15,984 |
| 2013 | $5,087 | $17,200 | $1,216 | $15,984 |
Source: Public Records
Agents Affiliated with this Home
-
Dale Tadelman
Seller's Agent in 2020
Dale Tadelman
RE/MAX
(847) 438-6200
2 in this area
54 Total Sales
-
Thomas Gosse
Buyer's Agent in 2020
Thomas Gosse
Berkshire Hathaway HomeServices Chicago
(847) 942-5216
1 in this area
54 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10847046
APN: 02-23-101-150-0000
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