Preserve/Palatine Condos 435 W Wood St Unit UT408 Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $380,000 - $461,000
2
Beds
2
Baths
1,669
Sq Ft
$505/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Wood Flooring
- Party Room
- Plum Grove Jr High School Rated A-
- End Unit
- 4-minute walk to Margreth Riemer Reservoir Park
About This Home
As of November 2022Beautiful top floor corner unit in the sought after Preserve of Palatine. This fabulous Magnolia model features 2 bedrooms, 2 full baths, an open floor plan with 9' ceilings, and engineered hardwood floors (with radiant heating). Sun soaked living room & dining room. Sliding door leads to a spacious private balcony. Stunning kitchen with an abundance of cabinet & counter space, center island with a breakfast bar, and stainless steel appliances. The luxurious master bedroom suite has a huge walk-in closet and private master bath with quartz counter and separate shower. Additional second bedroom and second full bath (with newer shower door). Separate laundry room with cabinetry above the washer & dryer complete this unit. Luxury elevator building features brick and limestone exterior & an impeccable lobby to greet you & your guests. A heated garage space with a large private storage unit is included. Plenty of guest parking & meeting/party room available. Financially solid reserve account, and very well maintained building. The Preserve is perfectly located near downtown Palatine - walking distance to shops, restaurants, entertainment, and the Metra train station. Adjacent to the 91 acre Riemer Reservoir Park. Assessments include heat, gas, water and scavenger.
Last Agent to Sell the Property
HomeSmart Connect LLC License #471000921 Listed on: 10/05/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,955
Year Built
- Built in 2006
Lot Details
- 3.22
HOA Fees
- $505 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,669 Sq Ft Home
- 4-Story Property
- Entrance Foyer
- Living Room
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Washer
Schools
- Stuart R Paddock Elementary School
- Plum Grove Junior High School
- Wm Fremd High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- End Unit
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 42 Units
- Greg O'hare Association, Phone Number (847) 882-3708
- The Preserve Subdivision, Magnolia Floorplan
- Property managed by Associa
- Lock-and-Leave Community
Amenities
- Common Area
- Party Room
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 70 lbs
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2022
Closed on
Nov 17, 2022
Sold by
Olsen Family Trust
Bought by
Olsen Family Trust
Seller's Agent
Karen Bojczuk
HomeSmart Connect LLC
Buyer's Agent
Maria Etling
Berkshire Hathaway HomeServices Chicago
List Price
$357,900
Sold Price
$343,500
Premium/Discount to List
-$14,400
-4.02%
Total Days on Market
12
Views
13
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
$68,535
Avg. Annual Appreciation
7.42%
Original Mortgage
$205,000
Interest Rate
5.66%
Mortgage Type
Balloon
Purchase Details
Closed on
Jan 29, 2018
Sold by
Olsen Audrey
Bought by
Olsen Audrey L and Olsen Family Trust
Purchase Details
Closed on
Aug 25, 2017
Sold by
Dyer Mary Meghan and Frazier Alan M
Bought by
Olsen Audrey
Purchase Details
Closed on
Mar 28, 2008
Sold by
Dyer Robert A and Dyer Bernadette M
Bought by
Dyer Mary Meghan
Purchase Details
Closed on
Dec 8, 2006
Sold by
Wood Wilson Llc
Bought by
Dyer Robert A and Dyer Bernadette M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olsen Family Trust | $343,500 | Acuity Title | |
| Olsen Audrey L | -- | Attorney | |
| Olsen Audrey | $322,500 | Acquest Title Services Llc | |
| Dyer Mary Meghan | -- | None Available | |
| Dyer Robert A | $361,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Olsen Family Trust | $205,000 | |
| Previous Owner | The Olsen Family Trust | $243,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2022 11/17/22 | Sold | $343,500 | -1.8% | $206 / Sq Ft |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- |
| 10/15/2022 10/15/22 | Price Changed | $349,900 | -2.2% | $210 / Sq Ft |
| 10/05/2022 10/05/22 | For Sale | $357,900 | -- | $214 / 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 | $6,967 | $30,484 | $946 | $29,538 |
| 2023 | $6,967 | $30,484 | $946 | $29,538 |
| 2022 | $6,967 | $30,484 | $946 | $29,538 |
| 2021 | $6,927 | $27,324 | $551 | $26,773 |
| 2020 | $6,955 | $27,324 | $551 | $26,773 |
| 2019 | $6,950 | $30,408 | $551 | $29,857 |
| 2018 | $5,032 | $22,376 | $512 | $21,864 |
| 2017 | $4,970 | $22,376 | $512 | $21,864 |
| 2016 | $6,345 | $22,376 | $512 | $21,864 |
| 2015 | $6,637 | $21,601 | $472 | $21,129 |
| 2014 | $6,556 | $21,601 | $472 | $21,129 |
| 2013 | $6,389 | $21,601 | $472 | $21,129 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Bojczuk
Seller's Agent in 2022
Karen Bojczuk
The McDonald Group
(847) 274-8853
1 in this area
14 Total Sales
-
Maria Etling
Buyer's Agent in 2022
Maria Etling
Berkshire Hathaway HomeServices Chicago
(847) 962-7085
1 in this area
79 Total Sales
About Preserve/Palatine Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11645814
APN: 02-15-303-056-1088
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