NOT LISTED FOR SALE

Estimated Value: $425,000 - $467,000

3 Beds
3 Baths
1,596 Sq Ft
8.98 Acre Lot

Sale Details

Date Sold: August 17, 2020

Last sale price $290,000 $182 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,555 / mo

11 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Attached Garage
  • Half Day School Rated A
  • Wood Flooring
  • 5-minute walk to Apple Hill Park

About This Home

As of August 2020

Super clean townhome in the most ideal location ready for its next owner! 2502 Palazzo Dr boasts an amazing open concept floor plan that features 3 huge bedrooms, 2.1 bathrooms, 2 car garage, soaring ceilings, brand new patio, a separate dining area, a vast kitchen perfect for any occasion along with brand new premium stainless steel appliances, and a low monthly HOA! Unit features BRAND NEW designer wide plank hardwood flooring, carpet, and paint throughout along with a brand new washer/dryer! Walking distance to sought after Stevenson and just minutes from Metra, shopping, and everything else you will ever need! We are priced to move & ready to make a deal, come check it out TODAY!

Last Agent to Sell the Property

Michael Mandile

Compass License #475174712 Listed on: 06/22/2020

Compass

Co-Listed By

Tim Lorimer

Compass License #475175866

Last Buyer's Agent

Tom Udvance

Compass License #475163044

Compass

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1996 | 2019

Lot Details

  • 8.98

HOA Fees

  • $248 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
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • Vaulted Ceiling
  • Entrance Foyer
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Year Built | Renovated

1996 | 2019

Lot Details

8.98 Acres

HOA Fees

$248 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: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1596
  • Estimated Year Built: 1996
  • Type Attached: Townhouse-2 Story, Split Level
  • Total Sq Ft: 1596
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1996
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, Fire Sprinklers, CO Detectors, Ceiling Fan, Sump Pump
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X8, On Level: Main Level
  • Dining Room: Dimensions: 12X8, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Foyer, Recreation Room
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Recreation Rm, Dimensions: 26X15, On Level: Lower, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 11X04, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1596
  • Estimated Total Finished Sq Ft: 1596
  • Main Level Sq Ft: 1596
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick, Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens

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

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 65
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 248
  • Management Phone: 847-985-6464

Fee Information

  • Management Company: American Property Management

Schools

  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 15212070330000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 8791.22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 14, 2020
Sold by
Bought by
Seller's Agent
Michael Mandile
Compass
Buyer's Agent
Tom Udvance
Compass
List Price
$314,995
Sold Price
$290,000
Premium/Discount to List
-$24,995
-7.94%
Current Estimated Value
$444,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,531
Avg. Annual Appreciation
7.43%
Original Mortgage
$246,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lincolnshire Village, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,000 Old Republic National Title
-- --
$170,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $241,600
Previous Owner $246,500
Previous Owner $233,302
Previous Owner $56,209
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $290,000 -7.9% $182 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $314,995 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,359 $124,169 $43,986 $80,183
2024 $10,157 $113,642 $40,257 $73,385
2023 $9,717 $107,229 $37,985 $69,244
2022 $9,717 $103,701 $36,735 $66,966
2021 $9,381 $102,583 $36,339 $66,244
2020 $9,171 $102,933 $36,463 $66,470
2019 $8,935 $102,554 $36,329 $66,225
2018 $8,675 $101,880 $39,491 $62,389
2017 $8,558 $99,502 $38,569 $60,933
2016 $8,246 $95,281 $36,933 $58,348
2015 $8,099 $89,106 $34,539 $54,567
2014 $7,859 $86,099 $37,095 $49,004
2012 $7,616 $86,271 $37,169 $49,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10755683

Midwest Real Estate Data (MRED)

APN: 15-21-207-033

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