NOT LISTED FOR SALE

242 E Rimini Ct Unit 242 Palatine, IL 60067

Reseda Neighborhood

Estimated Value: $131,000 - $171,780

1 Bed
1 Bath
800 Sq Ft
$125/mo HOA Fee

Last Sold May 15, 2014

Last sale price $66,000 $82 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,224/month

71 Days on Market

Highlights

  • Deck
  • End Unit
  • Cul-De-Sac
  • Palatine High School Rated A
  • Balcony
  • Breakfast Bar

About This Home

As of May 2014

Totally remodeled end unit. Kitchen has maple cabinets, granite counters, glass & ceramic backsplash, newer appliances, travertine floor tile. Bathroom has cherry vanity, cultured marble top, newer light and mirror, slate tile. 2010 washer & dryer in unit. 2011 water heater. Dog friendly. Private entrance in front, & back off balcony. Roof 2010. Secure second floor location. Pool. Short sale. As-Is. Rentals allowed.

Last Agent to Sell the Property

Terry Zybko

Coldwell Banker Residential Brokerage Listed on: 12/06/2013

Last Buyer's Agent

Galya Georgieva

Coldwell Banker Realty License #475131700

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,227

Year Built

  • 1980

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $125 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tar and Gravel Roof

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Additional Features

  • Breakfast Bar
  • Washer and Dryer Hookup
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,227

Year Built

1980

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1980
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 3
  • Living Room: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Equipment: CO Detectors
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 20X08, On Level: 2nd Level, Flooring: Porcelain Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 800

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Tar and Gravel
  • Exterior Property Features: Balcony, Deck, End Unit

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

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: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 125
  • Management Contact Name: Erin Bishop
  • Management Phone: 847-829-4712

Fee Information

  • Management Company: Precise Property Management

Schools

  • School District: 211
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 02141000831115

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 2208.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Straka Darlene A
Bought by
Darlene A Straka Revocable Living Trust and Straka
Current Estimated Value
$155,945

Purchase Details

Listed on
Dec 6, 2013
Closed on
May 13, 2014
Sold by
Beisemann Frank
Bought by
Straka Darlene A
Seller's Agent
Terry Zybko
Coldwell Banker Residential Brokerage
Buyer's Agent
Galya Georgieva
Coldwell Banker Realty
List Price
$69,900
Sold Price
$66,000
Premium/Discount to List
-$3,900
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Kramer Christopher R
Bought by
Beisemann Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,700
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Darlene A Straka Revocable Living Trust -- None Listed On Document
Straka Darlene A $60,000 Fidelity Natl Title Ins Co
Beisemann Frank $125,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beisemann Frank $118,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $66,000 +1.7% $83 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
02/07/2014 02/07/14 Price Changed $64,900 -7.2% $81 / Sq Ft
12/06/2013 12/06/13 For Sale $69,900 -- $87 / 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 $3,227 $10,899 $2,425 $8,474
2023 $3,122 $10,899 $2,425 $8,474
2022 $3,122 $10,899 $2,425 $8,474
2021 $2,461 $7,578 $1,515 $6,063
2020 $2,424 $7,578 $1,515 $6,063
2019 $2,428 $8,466 $1,515 $6,951
2018 $2,386 $7,678 $1,364 $6,314
2017 $2,341 $7,678 $1,364 $6,314
2016 $2,177 $7,678 $1,364 $6,314
2015 $2,295 $7,469 $1,212 $6,257
2014 $2,267 $7,469 $1,212 $6,257
2013 $2,209 $7,469 $1,212 $6,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08499656

Midwest Real Estate Data (MRED)

APN: 02-14-100-083-1115