NOT LISTED FOR SALE

Estimated Value: $149,000 - $166,000

1 Bed
1 Bath
850 Sq Ft
$196/ mo HOA Fee

Last Sold September 20, 2023

Last sale price $133,000 $156 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,263/month

5 Days on Market

Highlights

  • Patio
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Palatine High School Rated A
  • Laundry Room
  • Family Room

About This Home

As of September 2023

ATTENTION INVESTORS !!! AMAZING OPPORTUNITY TO OWN THIS BEAUTIFUL 1 BEDROOM 1 BATH MAIN LEVEL CONDO IN PALATINE. UNIT FEATURES REMODELED KITCHEN WITH 42' CABINETS, SS APPLIANCES, GRANITE COUNTERTOPS . UPDATED BATHROOM.SIX PANEL DOORS.BRIGHT LIVING ROOM WITH WOOD BURNING FIREPLACE. PRIVATE PATIO WITH COURTYARD VIEWS. LAUNDRY IN BUILDING. ASSIGNED PARKING SPACE RIGHT NEXT TO THE DOOR. PLENTY OF OTHER PARKING AVAILBLE. CLOSE TO SHOPPING, RESTAURANTS AND RT 53. UNIT IS RENTED UNTILL 03/31/2024.

Last Agent to Sell the Property

Aleksey Nikov

Runway Realty Inc Listed on: 08/24/2023

Last Buyer's Agent

Iryna Kerch

Core Realty & Investments Inc. License #475182285

Core Realty & Investments Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1982

Lot Details

  • 1.72

HOA Fees

  • $196 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 850 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Patio

Schools

  • Lincoln Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Manager Association, Phone Number (847) 985-6464
  • Fox Cove Subdivision
  • Property managed by American Property Management of Illinois

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,882

Year Built

Built in 1982

Lot Details

1.72 Acres

HOA Fees

$196 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Fox Cove
  • Year Built: 1982
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 850
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 196
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: American Property Management of Illinois
  • Management Contact Name: Manager
  • Management Phone: 847-985-6464
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 1881.77
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 14, 2023
Sold by
Pak Hoyoung and Pak Jamie
Bought by
Erazo Celvi O and Erazo Irma A
Seller's Agent
Aleksey Nikov
Runway Realty Inc
Buyer's Agent
Iryna Kerch
Core Realty & Investments Inc.
List Price
$130,000
Sold Price
$133,000
Premium/Discount to List
$3,000
2.31%
Views
9
Current Estimated Value
$157,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,814
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Sep 7, 2007
Sold by
Pak Jinkyu and Pak Soon Hee
Bought by
Pak Hoyoung and Pak Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Erazo Celvi O $133,000 First American Title
Pak Hoyoung $136,000 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pak Hoyoung $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $133,000 +2.3% $156 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $130,000 -- $153 / 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 $2,687 $12,587 $277 $12,310
2024 $2,687 $9,078 $240 $8,838
2023 $2,600 $9,078 $240 $8,838
2022 $2,600 $9,078 $240 $8,838
2021 $1,882 $5,794 $203 $5,591
2020 $1,854 $5,794 $203 $5,591
2019 $1,862 $6,493 $203 $6,290
2018 $1,002 $3,225 $184 $3,041
2017 $983 $3,225 $184 $3,041
2016 $914 $3,225 $184 $3,041
2015 $1,366 $4,446 $166 $4,280
2014 $1,349 $4,446 $166 $4,280
2013 $1,315 $4,446 $166 $4,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868137

Midwest Real Estate Data (MRED)

APN: 02-02-400-061-1121

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