$230,000
SOLD AUG 30, 2024
1 Bed
1 Bath
1,025 Sq Ft
$422/mo HOA Fee

Recently Sold

$224 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Lock-and-Leave Community
  • Elevator
  • Balcony
  • Plum Grove Jr High School Rated A-
  • Formal Dining Room
  • Bar Fridge

About This Home

As of August 2024

Welcome to this downtown Palatine condo in The Groves of Palatine! This 1 bedroom unit offers an additional versatile den/office space, perfect for remote work or a larger dining area. The open concept living area is ideal for entertaining, with a kitchen that features ample counter space and plenty of cabinets. The living room seamlessly flows into the space, leading out to a private balcony where you can relax and unwind. The primary bedroom boasts a spacious walk-in closet and direct access to the full bath. Additionally, this condo includes a heated garage parking space, a private storage closet, and convenient in-unit washer/dryer. Enjoy the convenience of being close to all that downtown Palatine has to offer, including restaurants, Metra access, shopping, nightlife, and more.

Last Agent to Sell the Property

Amy Diamond

@properties Christie's International Real Estate License #475126552 Listed on: 08/16/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Naomi Campbell

Coldwell Banker Realty License #475129084

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 2004

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • Bar Fridge
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

Schools

  • Stuart R Paddock Elementary Scho
  • Plum Grove Middle School
  • Wm Fremd High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Manager Association, Phone Number (847) 490-3833
  • The Groves Of Palatine Subdivision
  • Property managed by Associa Management
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,246

Year Built

Built in 2004

Lot Details

0

HOA Fees

$422 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Groves of Palatine
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 1025
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 235000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 422
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Management
  • Management Contact Name: Manager
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Stuart R Paddock Elementary Scho
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 3246.11
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Aug 27, 2024
Sold by
Corso Kimberly A
Bought by
Noyevoy Ilya and Noyevoy Alec
Seller's Agent
Amy Diamond
@properties Christie's International Real Estate
Buyer's Agent
Naomi Campbell
Coldwell Banker Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
11
Current Estimated Value
$240,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,691
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Wetering Jason A
Bought by
Corso Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Vanwetering Alan and Vanwetering Marilyn
Bought by
Vanwetering Jason A

Purchase Details

Closed on
Oct 22, 2003
Sold by
Mendo Steven
Bought by
Vanwetering Alan and Vanwetering Marilyn

Purchase Details

Closed on
Jan 7, 2003
Sold by
Groves Of Palatine Llc
Bought by
Mundo Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,300
Interest Rate
5.25%
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 Type Sale Price Title Company
Warranty Deed $230,000 Proper Title
Warranty Deed $206,000 Ticor Title
Interfamily Deed Transfer -- Ticor Title Insurance
Warranty Deed $175,000 Multiple
Special Warranty Deed $163,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $183,600 New Conventional
Previous Owner $180,000 Unknown
Previous Owner $195,700 Purchase Money Mortgage
Previous Owner $142,000 Unknown
Previous Owner $151,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $230,000 -2.1% $224 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $235,000 -- $229 / 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 $3,246 $14,282 $110 $14,172
2023 $3,110 $14,282 $110 $14,172
2022 $3,110 $14,282 $110 $14,172
2021 $2,859 $12,133 $63 $12,070
2020 $2,889 $12,133 $63 $12,070
2019 $2,889 $13,504 $63 $13,441
2018 $2,412 $11,196 $59 $11,137
2017 $2,384 $11,196 $59 $11,137
2016 $2,467 $11,196 $59 $11,137
2015 $2,557 $10,945 $54 $10,891
2014 $2,717 $11,519 $54 $11,465
2013 $2,629 $11,519 $54 $11,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12137116

Midwest Real Estate Data (MRED)

APN: 02-15-301-058-1016