NOT LISTED FOR SALE

Estimated Value: $397,000 - $407,000

2 Beds
2 Baths
1,512 Sq Ft
$498/mo HOA Fee

Last Sold June 21, 2023

Last sale price $369,900 $245 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,311/month

Highlights

  • Open Floorplan
  • Lock-and-Leave Community
  • Den
  • Plum Grove Jr High School Rated A-
  • Wood Flooring
  • 4-minute walk to Towne Square

About This Home

As of June 2023

Welcome to The Heritage of Palatine! The youngest premier condos in downtown Palatine offers a west exposure complete with luxury upgrades. This rarely available 2 BR Split + DEN is perfect for working from home or a quiet space for your lifestyle. As a second home, this top floor condo was not occupied often. It is bright and sunny and features a large open floor plan. The phenomenally huge chef's kitchen with 36" upper cabinets and extraordinary granite counter space is a cook's dream. Sable finished cabinets complimented by hardwood floors throughout living space and den. 6 panel doors, tall baseboards, wide casings, Elfa custom closets and drywalled 9 foot ceilings complete this luxury space. Floors feature radiant heat approximately 3' inside of exterior walls for your comfort. Brand new (4/2023) gas forced heat system and air conditioner. Upgraded stacked front load washer and dryer with steam refresh are located in a generously sized closet with an abundance of storage. Primary bath features large walk-in tiled shower and upgraded granite vanity top. Neutral second bath also features upgrades and a tub/shower combination. Enjoy custom window treatments, large balcony with treetop views, heated garage space #6 with extra large storage room (not cage) in front of parking space. Welcoming lobby features 2 elevators for convenience. Lots of guest parking and a quick walk to Metra and downtown Palatine restaurants, shopping and easy access to Rt. 53.

Last Agent to Sell the Property

RoxAnne Abbamonte

HomeSmart Connect LLC License #475112783 Listed on: 05/20/2023

HomeSmart Connect LLC

Last Buyer's Agent

Caroline Starr

@properties Christie?s International Real Estate License #475123478

@properties Christie?s International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,196

Year Built

  • Built in 2008

Lot Details

  • 1.35

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Parking Included in Price

Home Design

  • Tar and Gravel Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 1,512 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Tilt-In Windows
  • Blinds
  • Window Screens
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Storage

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Door Monitored By TV

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessible Common Area
  • Halls are 36 inches wide or more
  • Accessible Hallway
  • Accessibility Features
  • Doors with lever handles
  • No Interior Steps

Schools

  • Stuart R Paddock Elementary School
  • Plum Grove Junior High School
  • Wm Fremd High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Individual Controls for Heating
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Additional Features

  • Balcony
  • Sprinkler System

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 48 Units
  • Marty Stonikas Association, Phone Number (847) 459-1222
  • The Heritage Of Palatine Subdivision, Devon Floorplan
  • Property managed by Foster Premier, Inc.
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Lobby
  • Community Storage Space

Pet Policy

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

Security

  • Security Service
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,196

Year Built

Built in 2008

Lot Details

0

HOA Fees

$498 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Heritage of Palatine
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Oven
  • Basement: None
  • Accessibility Features: Hall Width 36 Inches or More, Lever Door Handles, Bath Grab Bars, No Interior Steps, Accessible Common Area, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Flexicore, Walk-In Closet(s), Ceilings - 9 Foot, Open Floorplan, Drapes/Blinds, Lobby
  • LivingArea: 1512
  • Other Equipment: TV-Cable, TV Antenna, Security System, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sprinkler-Lawn, Security Cameras
  • Room Type: Den
  • Stories Total: 4
  • 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
  • Door Features: 36" Minimum Entry Door,Lever Style Door Handles,6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: Double Pane Windows,Insulated Windows,Screens,Some Tilt-In Windows
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Door Monitored By TV, Master Antenna, Cable Access
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt, Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Visitor Parking, Storage
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air, Steam, Radiant, Indv Controls
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 498
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s), Ceiling Fan, Intercom, Security
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier, Inc.
  • Management Contact Name: Marty Stonikas
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Stuart R Paddock School
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Junior High School

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 8196.26
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jun 14, 2023
Sold by
Frances M Belmont Declaration Of Trust
Bought by
Susan M Nolan Living Trust
Seller's Agent
RoxAnne Abbamonte
HomeSmart Connect LLC
Buyer's Agent
Caroline Starr
@properties Christie?s International Real Estate
List Price
$369,900
Sold Price
$369,900
Views
123
Current Estimated Value
$400,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,194
Avg. Annual Appreciation
3.38%

Purchase Details

Closed on
Aug 30, 2011
Sold by
Smith Greeley Llc
Bought by
Declaration Belmont Frances M and Declaration Frances M Belmont
Source: Public Records

Range of Values:

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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
Susan M Nolan Living Trust $370,000 None Listed On Document
Declaration Belmont Frances M $258,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2023 06/21/23 Sold $369,900 0.0% $245 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $369,900 -- $245 / 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 $8,628 $29,145 $761 $28,384
2023 $8,347 $29,145 $761 $28,384
2022 $8,347 $29,145 $761 $28,384
2021 $8,196 $25,237 $443 $24,794
2020 $8,074 $25,237 $443 $24,794
2019 $8,054 $28,085 $443 $27,642
2018 $7,319 $23,550 $412 $23,138
2017 $7,180 $23,550 $412 $23,138
2016 $6,677 $23,550 $412 $23,138
2015 $6,233 $20,286 $380 $19,906
2014 $6,157 $20,286 $380 $19,906
2013 $6,000 $20,286 $380 $19,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11788204

Midwest Real Estate Data (MRED)

APN: 02-22-209-069-1042