Groves of Palatine 470 W Mahogany Ct Unit 202 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
2
Baths
1,583
Sq Ft
$545/mo
HOA Fee
Highlights
- Home Office
- Elevator
- Balcony
- Plum Grove Jr High School Rated A-
- Stainless Steel Appliances
- Walk-In Closet
About This Home
As of July 2025Welcome to this spacious and inviting 2 bedroom, 2 bathroom, quiet corner condo plus den and convenient 1-car garage parking. Nestled in the sought after Groves of Palatine, this rare layout offers the added bonus of a private den, ideal for a home office or guest room. The updated kitchen is thoughtfully designed with stainless steel appliances, granite countertops, and a pantry for extra storage. New luxury laminate wood floors and updated light fixtures enhance the cozy and welcoming atmosphere throughout the home. The master suite offers a peaceful retreat with its own private en-suite bathroom. The bedrooms feature custom closet systems, making organization effortless and efficient. Both bathrooms have been updated. Enjoy west-facing views and relaxing sunsets from your own private balcony. Additional highlights include an in-unit washer/dryer, assigned parking spot (#46), and a convenient storage locker located directly behind the parking space. New HVAC in 2024 plus new smart thermostat. New carpeting as well. This is a wonderful opportunity to own a comfortable and stylish home in a prime location. Just steps to all the amenities of downtown Palatine, restaurants, entertainment, shopping, train and nature path.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475125959 Listed on: 04/24/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,864
Year Built
- Built in 2004
HOA Fees
- $545 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,583 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
- Home Office
Kitchen
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
Schools
- Wm Fremd High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 60 Units
- Manager Association, Phone Number (847) 490-3833
- The Groves Of Palatine Subdivision
- Property managed by Associa Chicago
Amenities
- Elevator
Pet Policy
- 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
Apr 24, 2025
Closed on
Jun 24, 2025
Sold by
Knox Garrett and Knox Emily
Bought by
Sondra R Douglas Trust and Douglas
Seller's Agent
Diane Tanke
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Katie Mihelich
Coldwell Banker Real Estate Group
List Price
$319,000
Sold Price
$330,000
Premium/Discount to List
$11,000
3.45%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.67%
Purchase Details
Listed on
Mar 11, 2022
Closed on
May 3, 2022
Sold by
J R Rohrman Automobiles Llc
Bought by
Knox Garrett
Seller's Agent
Andrew Congenie
Compass
Buyer's Agent
Diane Tanke
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$200,000
Sold Price
$230,000
Premium/Discount to List
$30,000
15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$207,000
Interest Rate
4.88%
Purchase Details
Listed on
Mar 11, 2022
Closed on
Apr 18, 2022
Sold by
J R Rohrman Automobiles Llc
Bought by
Knox Garrett
Seller's Agent
Andrew Congenie
Compass
Buyer's Agent
Diane Tanke
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$200,000
Sold Price
$230,000
Premium/Discount to List
$30,000
15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.88%
Purchase Details
Listed on
Jun 24, 2017
Closed on
Jan 9, 2018
Sold by
Jaka Investments Llc
Bought by
J R Rohrman Automobiles Llc
Seller's Agent
Katie Marella
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Michael Pittman
Compass
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Purchase Details
Closed on
Mar 29, 2017
Sold by
Sprenzel John B and Sprenzel Sarahm
Bought by
Jaka Investments Llc
Purchase Details
Closed on
Jun 4, 2010
Sold by
Postma Michael and Postma Jennifer
Bought by
Sprenzel John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2006
Sold by
Banas Jennifer R
Bought by
Postma Michael and Rinker Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
8%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 7, 2003
Sold by
Groves Of Palatine Llc
Bought by
Banas Jennifer R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,600
Interest Rate
5.75%
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 | $330,000 | None Listed On Document | |
| Warranty Deed | $230,000 | -- | |
| Warranty Deed | $230,000 | None Listed On Document | |
| Warranty Deed | $190,000 | Chicago Title | |
| Warranty Deed | $200,000 | None Available | |
| Warranty Deed | $200,000 | Multiple | |
| Warranty Deed | $264,000 | Multiple | |
| Special Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $207,000 | No Value Available | |
| Previous Owner | $207,000 | New Conventional | |
| Previous Owner | $146,500 | New Conventional | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $39,600 | Credit Line Revolving | |
| Previous Owner | $211,200 | Fannie Mae Freddie Mac | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $188,000 | Unknown | |
| Previous Owner | $186,600 | No Value Available | |
| Closed | $23,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Sold | $330,000 | +3.4% | $208 / Sq Ft |
| 04/26/2025 04/26/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $319,000 | +38.7% | $202 / Sq Ft |
| 04/26/2022 04/26/22 | Sold | $230,000 | +15.0% | $145 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 03/11/2022 03/11/22 | For Sale | $200,000 | 0.0% | $126 / Sq Ft |
| 03/06/2020 03/06/20 | Rented | $1,800 | 0.0% | -- |
| 02/09/2020 02/09/20 | Price Changed | $1,800 | -7.7% | $1 / Sq Ft |
| 01/13/2020 01/13/20 | For Rent | $1,950 | +11.4% | -- |
| 04/01/2018 04/01/18 | Rented | $1,750 | 0.0% | -- |
| 02/28/2018 02/28/18 | Price Changed | $1,750 | -5.4% | $1 / Sq Ft |
| 02/15/2018 02/15/18 | Price Changed | $1,850 | -7.5% | $1 / Sq Ft |
| 01/26/2018 01/26/18 | For Rent | $2,000 | 0.0% | -- |
| 01/12/2018 01/12/18 | Sold | $190,000 | -5.0% | $123 / Sq Ft |
| 12/15/2017 12/15/17 | Pending | -- | -- | -- |
| 06/24/2017 06/24/17 | For Sale | $199,900 | -- | $129 / 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 | $5,864 | $19,810 | $152 | $19,658 |
| 2023 | $5,673 | $19,810 | $152 | $19,658 |
| 2022 | $5,673 | $19,810 | $152 | $19,658 |
| 2021 | $5,466 | $16,831 | $88 | $16,743 |
| 2020 | $5,385 | $16,831 | $88 | $16,743 |
| 2019 | $5,372 | $18,732 | $88 | $18,644 |
| 2018 | $4,826 | $15,530 | $82 | $15,448 |
| 2017 | $3,706 | $15,530 | $82 | $15,448 |
| 2016 | $3,695 | $15,530 | $82 | $15,448 |
| 2015 | $3,858 | $15,181 | $75 | $15,106 |
| 2014 | $4,070 | $15,978 | $75 | $15,903 |
| 2013 | $3,948 | $15,978 | $75 | $15,903 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Tanke
Seller's Agent in 2025
Diane Tanke
Berkshire Hathaway HomeServices Starck Real Estate
(847) 609-9093
4 in this area
148 Total Sales
-
Katie Mihelich
Buyer's Agent in 2025
Katie Mihelich
Coldwell Banker Real Estate Group
(708) 714-0983
1 in this area
111 Total Sales
-
Andrew Congenie
Seller's Agent in 2022
Andrew Congenie
Compass
(630) 403-8067
5 in this area
133 Total Sales
-
M
Seller's Agent in 2020
Michael Pittman
Compass
-
E
Buyer's Agent in 2020
Ela Moskovich
Unique Realty LLC
-
Katie Marella
Seller's Agent in 2018
Katie Marella
Berkshire Hathaway HomeServices Starck Real Estate
(630) 525-0162
10 Total Sales
About Groves of Palatine
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12343485
APN: 02-15-301-058-1006
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