390 W Mahogany Ct Unit 301 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
2
Baths
1,600
Sq Ft
$596/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- 4-minute walk to Palatine Station
- Corner Lot
- Plum Grove Jr High School Rated A-
- Wood Flooring
- Party Room
About This Home
As of July 2025Your Downtown Palatine Condo Awaits! Ideally located just steps from downtown Palatine and the Metra station, this beautifully updated condo offers the perfect blend of style, flexibility, and convenience. The kitchen and bathrooms feature sleek new quartz countertops, complemented by updated hardwood flooring throughout. Enjoy cooking with newer stainless steel appliances and stay comfortable year-round with a brand-new AC unit installed in 2024. The spacious primary suite includes a double-sink vanity, soaking tub, and a separate walk-in shower. Additional highlights include an in-unit washer and dryer and an HOA that allows owners to rent their units-offering excellent potential for both homeowners and investors. Priced to sell fast-an identical unit in the building recently sold for $435,000! Take advantage of the seller's urgency to move and gain instant equity on this incredible deal. Don't miss this rare opportunity to own-or invest-in one of Palatine's most desirable locations!
Last Agent to Sell the Property
Legacy Properties, A Sarah Leonard Company License #475207603 Listed on: 06/30/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,429
Year Built
- Built in 2004 | Remodeled in 2023
HOA Fees
- $596 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,600 Sq Ft Home
- Living Room
- Open Floorplan
- Dining Room
- Intercom
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Balcony
Schools
- Stuart R Paddock Elementary Scho
- Wm Fremd High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, gas, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 60 Units
- The Groves Of Palatine Subdivision, Condo Floorplan
- Lock-and-Leave Community
- 7-Story Property
Amenities
- Party Room
- Elevator
- Lobby
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2025
Closed on
Jul 29, 2025
Sold by
Keyes David J and Keyes Adrienne F
Bought by
Holt Kelly
Seller's Agent
Michael Savegnago
Legacy Properties, A Sarah Leonard Company
Buyer's Agent
Dana Carris
@properties Christie's International Real Estate
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Purchase Details
Closed on
Aug 14, 2023
Sold by
Rajiv Sahni Trust
Bought by
Keyes Adrienne F and Keyes David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,692
Interest Rate
6.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2017
Sold by
Sanhi Rajiv
Bought by
Sanhi Rajiv and Rajiv Sanhi Trust
Purchase Details
Listed on
May 29, 2015
Closed on
Sep 11, 2015
Sold by
Fannie Mae
Bought by
Sahni Rajiv
Seller's Agent
Dennis Rusin
Cornerstone Realty, Inc.
Buyer's Agent
Rohit Parti
Real Estate Shoppers Stop LLC
List Price
$174,900
Sold Price
$154,000
Premium/Discount to List
-$20,900
-11.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Purchase Details
Closed on
Jul 15, 2005
Sold by
Groves Of Palatine Llc
Bought by
Laakso Kurt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,800
Interest Rate
5.25%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | Chicago Title | |
| Warranty Deed | $330,000 | Chicago Title | |
| Deed | $264,000 | Citywide Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | Fatic | |
| Special Warranty Deed | $306,500 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $6,000 | No Value Available | |
| Previous Owner | $255,692 | New Conventional | |
| Previous Owner | $221,600 | New Conventional | |
| Previous Owner | $15,400 | Unknown | |
| Previous Owner | $27,600 | Stand Alone Second | |
| Previous Owner | $245,800 | Unknown | |
| Previous Owner | $46,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $330,000 | -2.9% | $206 / Sq Ft |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 06/30/2025 06/30/25 | For Sale | $339,900 | 0.0% | $212 / Sq Ft |
| 03/20/2019 03/20/19 | Rented | $2,050 | 0.0% | -- |
| 03/11/2019 03/11/19 | Under Contract | -- | -- | -- |
| 02/21/2019 02/21/19 | For Rent | $2,050 | 0.0% | -- |
| 09/17/2015 09/17/15 | Sold | $154,000 | -6.6% | $140 / Sq Ft |
| 08/20/2015 08/20/15 | Pending | -- | -- | -- |
| 07/28/2015 07/28/15 | Price Changed | $164,900 | -5.7% | $150 / Sq Ft |
| 05/29/2015 05/29/15 | For Sale | $174,900 | -- | $159 / 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 | $5,429 | $21,652 | $166 | $21,486 |
| 2023 | $5,222 | $21,652 | $166 | $21,486 |
| 2022 | $5,222 | $21,652 | $166 | $21,486 |
| 2021 | $4,893 | $18,396 | $96 | $18,300 |
| 2020 | $4,893 | $18,396 | $96 | $18,300 |
| 2019 | $4,888 | $20,474 | $96 | $20,378 |
| 2018 | $4,207 | $16,974 | $89 | $16,885 |
| 2017 | $4,146 | $16,974 | $89 | $16,885 |
| 2016 | $4,105 | $16,974 | $89 | $16,885 |
| 2015 | $4,293 | $16,595 | $83 | $16,512 |
| 2014 | $4,522 | $17,466 | $83 | $17,383 |
| 2013 | $4,388 | $17,466 | $83 | $17,383 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Savegnago
M
Seller's Agent in 2025
Michael Savegnago
Legacy Properties, A Sarah Leonard Company
1 in this area
35 Total Sales
-
Dana Carris
Buyer's Agent in 2025
Dana Carris
@ Properties
(847) 404-0580
1 in this area
135 Total Sales
-
Rohit Parti
Seller's Agent in 2019
Rohit Parti
Real Estate Shoppers Stop LLC
(206) 304-0782
1 in this area
48 Total Sales
-
Penelope Ffitch-Heyes
Buyer's Agent in 2019
Penelope Ffitch-Heyes
@ Properties
(847) 561-7170
14 Total Sales
-
Dennis Rusin
D
Seller's Agent in 2015
Dennis Rusin
Cornerstone Realty, Inc.
(847) 338-7800
10 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12407431
APN: 02-15-301-058-1198
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