NOT LISTED FOR SALE

Estimated Value: $160,000 - $180,821

2 Beds
1 Bath
850 Sq Ft
$210/mo HOA Fee

Last Sold May 03, 2022

Last sale price $126,000 $148 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,404/month

3 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Baseboard Heating
  • Palatine High School Rated A
  • Combination Dining and Living Room
  • Coin Laundry

About This Home

As of May 2022

***MULTIPLE OFFERS RECEIVED.HIGHEST &BEST DUE MONDAY 3/28 10AM ***ATTENTION INVESTORS !!! AMAZING OPPORTUNITY TO OWN THIS BEAUTIFUL 2 BEDROOM 1 BATH TOP FLOOR CONDO IN PALATINE. REMODELED KITCHEN WITH 42' CABINETS, SS APPLIANCES,GRANITE COUNTERTOPS . UPDATED BATHROOM.SIX PANEL DOORS.BRIGHT LIVING ROOM WITH WOOD BURNING FIREPLACE.BALCONY OVERLOOKING THE COURTYARD .LAUNDRY IN BUILDING.PLENTY OF PARKING. CLOSE TO SHOPPING,RESTAURANTS AND RT 53. TENANT JUST SIGNED NEW LEASE.

Last Agent to Sell the Property

Aleksey Nikov

Runway Realty Inc Listed on: 03/24/2022

Last Buyer's Agent

Jolanta Saletnik

Landmark Realtors License #471003210

Landmark Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1982

Lot Details

  • 1.72

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

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

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
  • Low-Rise Condominium
  • Fox Cove Subdivision
  • Property managed by American Property Management of Illinois

Amenities

  • Common Area
  • Coin Laundry

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,227

Year Built

Built in 1982

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Subdivision Name: Fox Cove
  • Year Built: 1982
  • Age: 31-40 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: 3
  • ResoPropertyType: Residential
  • 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: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 850
  • Other Equipment: TV-Cable
  • 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
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 119900
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 210
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • 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
  • Middle/Junior School District: 15

Lot Info

  • 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: 2226.67
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 2, 2022
Sold by
Park Tong J and Park Cheryl J
Bought by
Stanek Beata and Stanek Zbigniew
Seller's Agent
Aleksey Nikov
Runway Realty Inc
Buyer's Agent
Jolanta Saletnik
Landmark Realtors
List Price
$119,900
Sold Price
$126,000
Premium/Discount to List
$6,100
5.09%
Current Estimated Value
$168,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,939
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Sep 17, 2007
Sold by
Pak Jinkyu and Pak Soon Hee
Bought by
Park Tong S and Park Cheryl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,320
Interest Rate
6.62%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Stanek Beata $126,000 First American Title
Park Tong S $158,000 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Tong $80,000
Previous Owner Park Tong S $126,320
Previous Owner Pak Jinkyu $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $126,000 +5.1% $148 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $119,900 -- $141 / 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 $3,228 $10,905 $289 $10,616
2023 $3,123 $10,905 $289 $10,616
2022 $3,123 $10,905 $289 $10,616
2021 $2,260 $6,960 $244 $6,716
2020 $2,227 $6,960 $244 $6,716
2019 $2,237 $7,800 $244 $7,556
2018 $1,204 $3,874 $221 $3,653
2017 $1,181 $3,874 $221 $3,653
2016 $1,098 $3,874 $221 $3,653
2015 $1,641 $5,341 $199 $5,142
2014 $1,621 $5,341 $199 $5,142
2013 $1,580 $5,341 $199 $5,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11355696

Midwest Real Estate Data (MRED)

APN: 02-02-400-061-1126