Groves of Palatine 470 W Mahogany Ct Unit 504 Palatine, IL 60067
Downtown Palatine Neighborhood
1
Bed
1
Bath
1,250
Sq Ft
$419/mo
HOA Fee
Highlights
- Fitness Center
- Landscaped Professionally
- Den
- Plum Grove Jr High School Rated A-
- Property is adjacent to nature preserve
- Balcony
About This Home
As of May 2024MULTIPLE OFFERS RECEIVED -- Great location for this condo in Downtown Palatine! One spacious Bedroom PLUS a Den for home office, Dining area and good size Living Room! Kitchen has Granite Countertop with Stainless Steel Refrigerator and Breakfast Bar! The Bedroom suite provides generous space, large closet, and a ceiling fan/light. A private Balcony is great for grilling or relaxation. Extras include In-Unit Laundry, Heated Garage parking, and storage. The HOA covers cable, water, garbage. Close to Metra, dining, and shopping. Schedule your visit today and enjoy Palatine this Spring! Tenant occupied until 4/30. Home Warranty Included.
Last Agent to Sell the Property
Keller Williams Thrive License #475125211 Listed on: 03/23/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,090
Year Built
- Built in 2004
Lot Details
- Property is adjacent to nature preserve
- Dog Run
- Landscaped Professionally
HOA Fees
Parking
- 1 Car Attached Garage
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,250 Sq Ft Home
- Combination Dining and Living Room
- Den
- Laminate Flooring
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
Schools
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, insurance, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 60 Units
- Association, Phone Number (847) 490-3833
- The Groves Of Palatine Subdivision, 1 Bed W/Den Floorplan
- Property managed by Association
- 7-Story Property
Recreation
- Fitness Center
Pet Policy
- Pets up to 45 lbs
- Dogs Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2024
Closed on
Apr 13, 2024
Sold by
Cheng Wei and Jiang Shue
Bought by
Sizova Tatiana A
Seller's Agent
Karen Danenberg Group
Keller Williams Thrive
Buyer's Agent
Julia Schifrin
Keller Williams North Shore West
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,987
Avg. Annual Appreciation
8.72%
Original Mortgage
$206,350
Outstanding Balance
$203,443
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$52,544
Purchase Details
Listed on
Mar 22, 2013
Closed on
Apr 22, 2013
Sold by
Lacriola Maria and Lacriola Peter
Bought by
Jiang Shu and Cheng Wei
Seller's Agent
Heidi Engel
RE/MAX Suburban
Buyer's Agent
Mary Honaker
Baird & Warner
List Price
$120,000
Sold Price
$122,000
Premium/Discount to List
$2,000
1.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$91,500
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2004
Sold by
Groves Of Palatine Llc
Bought by
Divita Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,720
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 | $230,000 | None Listed On Document | |
| Warranty Deed | $122,000 | None Available | |
| Special Warranty Deed | $196,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $206,350 | New Conventional | |
| Previous Owner | $91,500 | New Conventional | |
| Previous Owner | $170,300 | Unknown | |
| Previous Owner | $156,720 | Unknown | |
| Closed | $19,590 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $230,000 | 0.0% | $184 / Sq Ft |
| 03/25/2024 03/25/24 | Pending | -- | -- | -- |
| 03/23/2024 03/23/24 | For Sale | $229,900 | +88.4% | $184 / Sq Ft |
| 04/22/2013 04/22/13 | Sold | $122,000 | +1.7% | -- |
| 03/23/2013 03/23/13 | Pending | -- | -- | -- |
| 03/22/2013 03/22/13 | For Sale | $120,000 | -- | -- |
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 | $4,228 | $14,282 | $110 | $14,172 |
| 2023 | $4,090 | $14,282 | $110 | $14,172 |
| 2022 | $4,090 | $14,282 | $110 | $14,172 |
| 2021 | $3,940 | $12,133 | $63 | $12,070 |
| 2020 | $3,882 | $12,133 | $63 | $12,070 |
| 2019 | $3,873 | $13,504 | $63 | $13,441 |
| 2018 | $3,479 | $11,196 | $59 | $11,137 |
| 2017 | $3,414 | $11,196 | $59 | $11,137 |
| 2016 | $3,175 | $11,196 | $59 | $11,137 |
| 2015 | $3,363 | $10,945 | $54 | $10,891 |
| 2014 | $3,496 | $11,519 | $54 | $11,465 |
| 2013 | $2,629 | $11,519 | $54 | $11,465 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Danenberg Group
Seller's Agent in 2024
Karen Danenberg Group
Keller Williams Thrive
(847) 989-3476
3 in this area
160 Total Sales
-
Alan Danenberg
Seller Co-Listing Agent in 2024
Alan Danenberg
Keller Williams Thrive
(847) 727-3477
3 in this area
89 Total Sales
-
Julia Schifrin
Buyer's Agent in 2024
Julia Schifrin
Keller Williams North Shore West
(847) 414-6843
1 in this area
92 Total Sales
-
Heidi Engel
Seller's Agent in 2013
Heidi Engel
RE/MAX Suburban
(847) 910-2001
23 Total Sales
-
M
Buyer's Agent in 2013
Mary Honaker
Baird & Warner
About Groves of Palatine
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12000268
APN: 02-15-301-058-1038
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