NOT LISTED FOR SALE

400 N Eric Dr Palatine, IL 60067

Downtown Palatine Neighborhood

Estimated Value: $399,000 - $488,000

3 Beds
4 Baths
2,030 Sq Ft
1,437 Sq Ft Lot

Last Sold October 31, 2016

Last sale price $313,500 $154 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,205/month

14 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Attached Garage
  • Palatine High School Rated A
  • Stainless Steel Appliances
  • Breakfast Bar

About This Home

As of October 2016

THIS HIGHLY UPGRADED TOWNHOME IS TRULY TURN KEY. BRIGHT AND SUNNY END UNIT IS JUST STEPS FROM ALL THAT DOWNTOWN PALATINE HAS TO OFFER. THE HOME FEATURES HARDWOOD FLOORING, CROWN MOLDING AND A MULTITUDE OF RECESSED LIGHTS THROUGHOUT THE MAIN LEVEL. BUILT IN BOSTON ACOUSTICS AUDIO SYSTEM WITH DIGITAL VOLUME CONTROLS INCLUDED IN THE D/R, KITCHEN, MASTER BED AND MASTER BATH ALONG WITH SURROUND SOUND SPEAKERS IN THE L/R. GOURMET KITCHEN WITH BREAKFAST BAR AND ISLAND SEATING, STAINLESS STEEL APPLIANCES, TOP OF THE LINE FAUCET, UNDERMOUNT SINK, AND THE MOST MAGNIFICENT QUARTZ COUNTER TOPS YOU'LL EVER SEE AND THEY HAVE AN OGEE EDGE. LUXURIOUS MASTER SUITE WITH VAULTED CEILINGS, DOUBLE SINKS, SEPARATE WHIRLPOOL TUB AND SHOWER, AND A HUGE WALK IN CLOSET BUILT FOR 2. ENJOY THE CONVENIENCE OF 2ND FLOOR LAUNDRY ROOM. 2 CAR ATTACHED GARAGE AND LOWER LEVEL REC ROOM WITH ADDITIONAL POWDER ROOM AND STORAGE CLOSET.

Last Agent to Sell the Property

Todd Gagliano

RE/MAX Properties Northwest License #475133860 Listed on: 08/23/2016

RE/MAX Properties Northwest

Last Buyer's Agent

Sandra Bobus

Coldwell Banker Realty License #475123101

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • 2008

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $250 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

Interior Spaces

  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Year Built

2008

Lot Details

1,437 Sq Ft Lot

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Unit Floor Level: 1
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.2
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2008

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X3, On Level: 2nd Level
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Eating Area, Dimensions: 11X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2030
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X13, On Level: Lower, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: S (South), E (East), W (West)

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 250
  • Management Contact Name: OFFICE
  • Management Phone: 630-620-1133

Fee Information

  • Management Company: AMERICAN COMMUNITY MANAGEMENT

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 02152090970000

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 2

Tax Info

  • Taxes: 8316.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Gomez Brian C
Bought by
Brian Craig Gomez Revocable Trust and Gomez
Current Estimated Value
$432,041

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 31, 2016
Sold by
Micek Alan J and Micek Katherine L
Bought by
Gomez Brian C
Seller's Agent
Todd Gagliano
RE/MAX Properties Northwest
Buyer's Agent
Sandra Bobus
Coldwell Banker Realty
List Price
$329,000
Sold Price
$313,500
Premium/Discount to List
-$15,500
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$248,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2014
Closed on
Apr 28, 2014
Sold by
Andersen Richard J and Andersen Kathleen
Bought by
Micek Alan J and Micek Katherine L
Seller's Agent
Donna Keenan
Baird & Warner
Buyer's Agent
Todd Gagliano
RE/MAX Properties Northwest
List Price
$322,900
Sold Price
$315,500
Premium/Discount to List
-$7,400
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$283,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2013
Closed on
Jun 17, 2013
Sold by
Neam John P and Neam Bridget A
Bought by
Andersen Richard J and Andersen Kathleen
Seller's Agent
Steven Cohen
@properties Christie?s International Real Estate
Buyer's Agent
Donna Keenan
Baird & Warner
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$150,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
Cornell Commons Townhomes Of Palatine Ll
Bought by
Neam John P and Neam Bridget A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.19%
Mortgage Type
Unknown
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
Brian Craig Gomez Revocable Trust -- None Listed On Document
Gomez Brian C $313,500 First American Title Insuran
Micek Alan J $315,500 1St American Title
Andersen Richard J $315,000 None Available
Neam John P $370,000 Freedom Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Brian C $248,000
Previous Owner Micek Alan J $283,950
Previous Owner Andersen Richard J $150,000
Previous Owner Neam John P $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2016 10/31/16 Sold $313,500 -4.7% $154 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $329,000 +4.3% $162 / Sq Ft
04/30/2014 04/30/14 Sold $315,500 -2.3% $155 / Sq Ft View Prior Sale
03/24/2014 03/24/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $322,900 +2.5% $159 / Sq Ft
06/27/2013 06/27/13 Sold $315,000 -3.0% $193 / Sq Ft View Prior Sale
05/05/2013 05/05/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $324,900 -- $199 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,196 $36,000 $3,679 $32,321
2024 $8,196 $31,000 $6,500 $24,500
2023 $7,899 $31,000 $6,500 $24,500
2022 $7,899 $31,000 $6,500 $24,500
2021 $8,265 $28,780 $1,415 $27,365
2020 $8,215 $28,780 $1,415 $27,365
2019 $8,208 $32,050 $1,415 $30,635
2018 $9,206 $29,624 $1,273 $28,351
2017 $9,032 $29,624 $1,273 $28,351
2016 $7,692 $29,624 $1,273 $28,351
2015 $7,933 $28,444 $1,167 $27,277
2014 $8,317 $29,970 $1,167 $28,803
2013 $8,086 $29,970 $1,167 $28,803
Source: Public Records

Agents Affiliated with this Home

  • Todd Gagliano

    Seller's Agent in 2016

    Todd Gagliano

    RE/MAX Properties Northwest

    (847) 815-9902

    1 in this area

    71 Total Sales

    Todd Gagliano
    Section Image
  • Sandra Bobus

    Buyer's Agent in 2016

    Sandra Bobus

    Coldwell Banker Realty

    (847) 571-8633

    5 in this area

    34 Total Sales

    Sandra Bobus
    Section Image

  • D

    Seller's Agent in 2014

    Donna Keenan

    Baird & Warner

    Section Image
  • Steven Cohen

    Seller's Agent in 2013

    Steven Cohen

    @ Properties

    (847) 732-8686

    8 in this area

    104 Total Sales

    Steven Cohen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09323904

Midwest Real Estate Data (MRED)

APN: 02-15-209-097-0000

Illinois Cook County Palatine 60067 Downtown Palatine

400 N Eric Dr, Palatine, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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