NOT LISTED FOR SALE

241 E Parallel St Palatine, IL 60067

Downtown Palatine Neighborhood

Estimated Value: $339,000 - $374,856

3 Beds
4 Baths
1,715 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $230,500 $134 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,759/month

118 Days on Market

Highlights

  • Vaulted Ceiling
  • End Unit
  • Stainless Steel Appliances
  • Palatine High School Rated A
  • Den
  • Balcony

About This Home

As of September 2014

REMODELED & UPDATED END UNIT WITH 3 BEDROOMS UPSTAIRS + 3 1.2 BATHS. A DEN/FAMILY RM WITH FULL BATH OR ADD'L 4TH BDR W/BATH. KITCHEN HAS BEEN OPENED UP AND ENTIRELY REMODELED W/SS APPLS, GRANITE CTRS, 42' CABS & BREAKFAST BAR ADDED. UPDATED BATHS, NEW CARPET IN DEN/FR, VLTD CLGS, FP IN LR, BALCONY OFF LR + A FULL PATIO. GUEST PARKING NEXT TO UNIT. CLOSE TO TOWN, METRA TRAIN. FOYER/LIV RM JUST FRESHLY PAINTED!

Last Agent to Sell the Property

Vicki MacKinnon

HomeSmart Connect LLC License #475122886 Listed on: 03/29/2014

HomeSmart Connect LLC

Last Buyer's Agent

Jenny Cincotta

Coldwell Banker Realty License #475092040

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1991

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $265 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Skylights
  • Den
  • Laminate Flooring
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

1991

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 1991
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story, T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Built: 1991

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X13, On Level: 2nd Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan
  • Fireplace Location: Living Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X9, On Level: 2nd Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X9, On Level: 2nd Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 13X13, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 13X9, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X9, On Level: 3rd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1715
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Patio, End Unit

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 265
  • Management Contact Name: PAM LYTLE
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: VANGUARD MANAGEMENT

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Common Grounds, Cul-de-sac
  • Parcel Identification Number: 02231011150000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 5631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2014
Closed on
Sep 10, 2014
Sold by
Schupbach
Bought by
Nix Camilla
Seller's Agent
Vicki MacKinnon
HomeSmart Connect LLC
Buyer's Agent
Jenny Cincotta
Coldwell Banker Realty
List Price
$239,900
Sold Price
$230,500
Premium/Discount to List
-$9,400
-3.92%
Current Estimated Value
$356,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,714
Avg. Annual Appreciation
3.92%
Original Mortgage
$218,975
Outstanding Balance
$166,870
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$189,344

Purchase Details

Closed on
Jul 8, 2008
Sold by
Primacy Closing Corporation
Bought by
Schupbach Brian J and Bruner Rachael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2006
Sold by
Justice Gregory L
Bought by
Primacy Closing Corp

Purchase Details

Closed on
Apr 10, 2006
Sold by
Sveen Tom and Sveen Dawn
Bought by
Justice Gregory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 15, 2002
Sold by
Kennedy Susan G
Bought by
Sveen Tom and Luebking Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,825
Interest Rate
6.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nix Camilla $230,500 First United Title Svcs Inc
Schupbach Brian J $230,000 First American Title
Primacy Closing Corp $270,000 None Available
Justice Gregory L $271,500 Golden Title
Sveen Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nix Camilla $218,975
Previous Owner Schupbach Brian J $225,834
Previous Owner Justice Gregory L $271,500
Previous Owner Sveen Tom $202,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $230,500 0.0% $134 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/21/2014 07/21/14 Off Market $230,500 -- --
05/13/2014 05/13/14 Price Changed $234,900 -2.1% $137 / Sq Ft
04/07/2014 04/07/14 For Sale $239,900 0.0% $140 / Sq Ft
04/05/2014 04/05/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $239,900 -- $140 / 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
2025 $7,529 $35,000 $3,741 $31,259
2024 $7,529 $25,434 $4,000 $21,434
2023 $7,284 $25,434 $4,000 $21,434
2022 $7,284 $25,434 $4,000 $21,434
2021 $6,962 $21,436 $1,439 $19,997
2020 $6,858 $21,436 $1,439 $19,997
2019 $6,846 $23,871 $1,439 $22,432
2018 $6,532 $21,019 $1,295 $19,724
2017 $6,409 $21,019 $1,295 $19,724
2016 $5,960 $21,019 $1,295 $19,724
2015 $5,285 $17,200 $1,187 $16,013
2014 $5,220 $17,200 $1,187 $16,013
2013 $5,087 $17,200 $1,187 $16,013
Source: Public Records

Agents Affiliated with this Home

  • Vicki MacKinnon

    Seller's Agent in 2014

    Vicki MacKinnon

    The McDonald Group

    (847) 274-1533

    49 Total Sales

    Vicki MacKinnon
    Section Image
  • Jenny Cincotta

    Buyer's Agent in 2014

    Jenny Cincotta

    Coldwell Banker Realty

    (847) 533-4369

    7 Total Sales

    Jenny Cincotta
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08570422

Midwest Real Estate Data (MRED)

APN: 02-23-101-115-0000

Illinois Cook County Palatine 60067 Downtown Palatine

241 E Parallel St, Palatine, IL

Not Listed for Sale

Townhouses

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