Seller's Agent in 2025
Lisa Fermanis
RE/MAX Suburban
(847) 514-1218
14 in this area
95 Total Sales
Preserve/Palatine Condos 435 W Wood St Unit 402A Floor 4 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
2
Baths
1,423
Sq Ft
$491/mo
HOA Fee
Highlights
- Open Floorplan
- Lock-and-Leave Community
- Home Office
- Plum Grove Jr High School Rated A-
- Granite Countertops
- 4-minute walk to Margreth Riemer Reservoir Park
About This Home
As of November 2025Highly desirable top-floor condo in The Preserves, located in the heart of Downtown Palatine! This spacious residence offers soaring ceilings, an open-concept layout, 2 bedrooms, 2 full bathrooms, plus a dedicated office area with built-in desk and shelving. The oversized kitchen features granite countertops, maple cabinetry, and a large island with seating, seamlessly flowing into the dining and living areas. Enjoy a private balcony off the living room-perfect for relaxing or watching the Northern Lights. The primary suite includes a private bath and an expansive walk-in closet, while the second bedroom also offers a large walk-in closet. Additional highlights include in-unit laundry with newer washer, real wood laminate flooring in the main living spaces, on-site storage room, and a heated indoor garage space. Unmatched location-just steps to the Palatine Metra, dining, shopping, and year-round community events including parades, festivals, and fireworks. Nearby amenities include the Palatine Park District, library, community center with pool, and easy access to Rt 53/90. Don't miss this exceptional condo in one of Palatine's most sought-after locations!
Last Agent to Sell the Property
RE/MAX Suburban License #475123447 Listed on: 09/05/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,668
Year Built
- Built in 2006
HOA Fees
- $491 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 4th floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,423 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Built-In Features
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Home Office
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
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
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 42 Units
- Greg Ohara Association, Phone Number (847) 490-3833
- The Preserve Subdivision
- Property managed by Associa Chicagoland
- Lock-and-Leave Community
Amenities
- Party Room
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 70 lbs
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2015
Closed on
Jul 2, 2015
Sold by
Vehlow Robert D and Vehlow Sarah E
Bought by
Raphael Smitha
Seller's Agent
Cyndy Hass
@properties Christie's International Real Estate
Buyer's Agent
Regina Schweinebraten
@properties Christie's International Real Estate
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Purchase Details
Closed on
Mar 8, 2007
Sold by
Wood Wilson Llc
Bought by
Vehlow Robert D and Loessy Sarah E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,190
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 8, 2006
Sold by
Wood Wilson Llc
Bought by
Dyer Robert A and Dyer Bernadette M
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 | $250,000 | First American Title Ins Co | |
| Warranty Deed | $302,000 | Attorneys Title Guaranty Fun | |
| Warranty Deed | $361,500 | None Available | |
| Warranty Deed | $310,500 | Attorneys Title Guaranty Fun |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,190 | Stand Alone Second | |
| Previous Owner | $241,520 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | $385,000 | -3.3% | $271 / Sq Ft | |
| 10/18/2025 10/18/25 | Pending | -- | -- | -- | |
| 09/05/2025 09/05/25 | For Sale | $398,000 | +59.2% | $280 / Sq Ft | |
| 07/06/2015 07/06/15 | Sold | $250,000 | -3.8% | $176 / Sq Ft | View Prior Sale |
| 05/10/2015 05/10/15 | Pending | -- | -- | -- | |
| 04/14/2015 04/14/15 | Price Changed | $259,999 | 0.0% | $183 / Sq Ft | |
| 04/14/2015 04/14/15 | Price Changed | $259,900 | -3.7% | $183 / Sq Ft | |
| 03/24/2015 03/24/15 | For Sale | $269,900 | -- | $190 / Sq Ft |
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 | $6,668 | $25,837 | $801 | $25,036 |
| 2023 | $6,420 | $25,837 | $801 | $25,036 |
| 2022 | $6,420 | $25,837 | $801 | $25,036 |
| 2021 | $6,440 | $23,160 | $467 | $22,693 |
| 2020 | $6,417 | $23,160 | $467 | $22,693 |
| 2019 | $6,408 | $25,774 | $467 | $25,307 |
| 2018 | $4,826 | $18,965 | $434 | $18,531 |
| 2017 | $4,753 | $18,965 | $434 | $18,531 |
| 2016 | $4,669 | $18,965 | $434 | $18,531 |
| 2015 | $4,819 | $18,308 | $400 | $17,908 |
| 2014 | $4,777 | $18,308 | $400 | $17,908 |
| 2013 | $4,637 | $18,308 | $400 | $17,908 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Fermanis
-
Mario Bilotas
Buyer's Agent in 2025
Mario Bilotas
Four Daughters Real Estate
(847) 910-5022
12 in this area
193 Total Sales
-
Cyndy Hass
Seller's Agent in 2015
Cyndy Hass
@ Properties
(847) 385-3009
4 in this area
114 Total Sales
-
Regina Schweinebraten
Buyer's Agent in 2015
Regina Schweinebraten
@ Properties
(224) 500-5330
8 in this area
26 Total Sales
About Preserve/Palatine Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12462784
APN: 02-15-303-056-1082
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