NOT LISTED FOR SALE

342 E Rimini Ct Unit 342 Palatine, IL 60067

Reseda Neighborhood

Estimated Value: $264,000 - $300,000

3 Beds
2 Baths
1,750 Sq Ft
$317/mo HOA Fee

Last Sold August 11, 2020

Last sale price $202,000 $115 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,418/month

22 Days on Market

Highlights

  • Landscaped Professionally
  • Walk-In Pantry
  • Attached Garage
  • Palatine High School Rated A
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of August 2020

Location, location, location!!! This 2 story townhome is waiting for someone to call it their own and begin making memories! Not only is this unit super cute and well maintained, it is literally close to EVERYTHING! Walking distance to Marianos, public library, schools, downtown Palatine, community park, lots of dining options and close to the metra plus easy interstate access! An inviting foyer greets you with a large walk in closet and powder room. Beautiful wood laminate flooring with white trim flows nicely into the chic updated kitchen that boasts soft white cabinetry, s/s appliances (new refrigerator and gas stove), white subway tile back-splash, pantry closet, and breakfast counter. Open concept dining area and living room with glass sliders that gain access to private patio and spacious green common area! The 2nd level features an impressive sized master suite that is complete with large vanity area, WIC, and full bath which is shared with 2 additional bedrooms! Finished basement with crawl is great for entertaining or relaxing and includes laundry room with sink! Plenty of storage! Brand new furnace!!! Investor friendly for rentals!!

Last Agent to Sell the Property

Marco Amidei

RE/MAX Suburban License #475101568 Listed on: 06/19/2020

RE/MAX Suburban

Co-Listed By

Jacqueline Koukol

RE/MAX Suburban License #475137987

Last Buyer's Agent

Agustin Malagon

HomeSmart Connect LLC License #475182326

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,022

Year Built

  • 1982

Lot Details

  • 15

HOA Fees

  • $317 per month

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Walk-In Closet
  • Entrance Foyer
  • Storage
  • Laminate Flooring

Kitchen

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Home Security

Utilities

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

Additional Features

  • Patio
  • Landscaped Professionally

Listing and Financial Details

  • $3,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,022

Year Built

1982

Lot Details

0

HOA Fees

$317 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1982
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Interior Property Features: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Partial
  • Basement: Finished, Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X6, On Level: Basement, Flooring: Vinyl
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 14X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 12X9, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1750
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X10, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 317
  • Management Contact Name: Manager
  • Management Phone: 866-673-7425

Fee Information

  • Management Company: Mperial Asset Management

Schools

  • School District: 211
  • Elementary School: Lincoln Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 02141000831028

Multi Family

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

Tax Info

  • Taxes: 4453.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 2, 2020
Sold by
Menigat Frederick O and Menigat Rebecca A
Bought by
Malagon Ismael and Malagon Elizabeth
Seller's Agent
Marco Amidei
RE/MAX Suburban
Buyer's Agent
Agustin Malagon
HomeSmart Connect LLC
List Price
$199,900
Sold Price
$202,000
Premium/Discount to List
$2,100
1.05%
Current Estimated Value
$288,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,108
Avg. Annual Appreciation
8.40%
Original Mortgage
$191,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 15, 2014
Sold by
Manno Renee Ann
Bought by
Menigat Frederick D and Menigat Rebecca A
Seller's Agent
Cathy Barker
Coldwell Banker Realty
Buyer's Agent
Marco Amidei
RE/MAX Suburban
List Price
$174,900
Sold Price
$169,000
Premium/Discount to List
-$5,900
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$160,550
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1998
Sold by
Marta Diana H
Bought by
Manno Renee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.97%
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 Buyer Sale Price Title Company
Malagon Ismael $202,000 Attorneys Ttl Guaranty Fund
Menigat Frederick D $169,000 Attorneys Title Guaranty Fun
Manno Renee Ann $120,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malagon Ismael $191,900
Previous Owner Menigat Frederick D $160,550
Previous Owner Manno Renee Ann $80,550
Previous Owner Manno Renee Ann $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $202,000 +1.1% $115 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $199,900 0.0% $114 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $199,900 +18.3% $114 / Sq Ft
07/15/2014 07/15/14 Sold $169,000 -3.4% $97 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $174,900 -- $100 / 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 $6,022 $20,343 $4,526 $15,817
2023 $5,826 $20,343 $4,526 $15,817
2022 $5,826 $20,343 $4,526 $15,817
2021 $4,594 $14,145 $2,828 $11,317
2020 $4,525 $14,145 $2,828 $11,317
2019 $4,532 $15,802 $2,828 $12,974
2018 $4,454 $14,332 $2,546 $11,786
2017 $4,370 $14,332 $2,546 $11,786
2016 $4,064 $14,332 $2,546 $11,786
2015 $4,283 $13,941 $2,263 $11,678
2014 $3,452 $13,941 $2,263 $11,678
2013 $3,345 $13,941 $2,263 $11,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10753158

Midwest Real Estate Data (MRED)

APN: 02-14-100-083-1028