NOT LISTED FOR SALE

Estimated Value: $393,000 - $430,000

2 Beds
2 Baths
1,515 Sq Ft
$498/mo HOA Fee

Last Sold October 25, 2023

Last sale price $368,000 $243 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,232/month

17 Days on Market

Highlights

  • Heated Floors
  • Lock-and-Leave Community
  • Elevator
  • Plum Grove Jr High School Rated A-
  • Granite Countertops
  • 4-minute walk to Towne Square

About This Home

As of October 2023

Welcome to The Heritage of Palatine! The youngest premier condos in downtown Palatine offers an east exposure complete with luxury upgrades. 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. Stainless steel appliances features 5 burner slide in range with chimney hood above. Sable finished, glazed cabinets complimented by wide plank cherry hardwood floors throughout living space. 2 panel doors, tall baseboards, wide casings, and drywalled 9 foot ceilings complete this luxury space. Floors feature radiant heat approximately 3' inside of exterior walls for your comfort. Primary bath features raised height vanity, large walk-in tiled shower and upgraded granite vanity top and undermount sink. Neutral second bath also features raised height vanity with granite top and undermount sink as well as a tub/shower combination. Full laundry room features front load washer, dryer and utility sink. Enjoy the large balcony with treetop views. Heated garage space #20 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: 09/20/2023

HomeSmart Connect LLC

Last Buyer's Agent

Rhonda Starr

Coldwell Banker Real Estate Group License #475161027

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,115

Year Built

  • Built in 2010

Lot Details

  • 1.35

HOA Fees

  • $498 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Rubber Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 1,515 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Window Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Heated Floors

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

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

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
  • 48 Units
  • Marty Stonikas Association, Phone Number (847) 459-1222
  • The Heritage Of Palatine Subdivision, Colfax Floorplan
  • Property managed by Foster Premier, Inc.
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

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

Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,115

Year Built

Built in 2010

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: 2010
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • 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)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Flexicore, Walk-In Closet(s), Ceilings - 9 Foot, Granite Counters, Some Wall-To-Wall Cp
  • LivingArea: 1515
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,36" Minimum Entry Door,Lever Style Door Handles,Sliding Glass Door(s)
  • Window Features: Double Pane Windows,Screens
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 368000
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • 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

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: Gas Dryer Hookup, 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)
  • 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, Parking, Insurance, 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
  • Middle/Junior School District: 15

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: 7114.66
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 23, 2023
Sold by
Gossell Matthew L
Bought by
Bruno Marlene
Seller's Agent
RoxAnne Abbamonte
HomeSmart Connect LLC
Buyer's Agent
Rhonda Starr
Coldwell Banker Real Estate Group
List Price
$374,900
Sold Price
$368,000
Premium/Discount to List
-$6,900
-1.84%
Views
61
Current Estimated Value
$405,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,760
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
May 18, 2010
Sold by
Smith Greeley Llc
Bought by
Gossell Matthew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.12%
Mortgage Type
New Conventional
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
Bruno Marlene $368,000 None Listed On Document
Gossell Matthew L $295,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gossell Matthew L $25,300
Previous Owner Gossell Matthew L $200,000
Previous Owner Gossell Matthew L $227,000
Previous Owner Gossell Matthew L $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $368,000 0.0% $243 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/01/2023 10/01/23 Price Changed $368,000 -1.8% $243 / Sq Ft
09/20/2023 09/20/23 For Sale $374,900 -- $247 / 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 $6,861 $29,145 $761 $28,384
2023 $7,367 $29,145 $761 $28,384
2022 $7,367 $29,145 $761 $28,384
2021 $7,115 $25,237 $443 $24,794
2020 $7,081 $25,237 $443 $24,794
2019 $7,071 $28,085 $443 $27,642
2018 $6,251 $23,550 $412 $23,138
2017 $6,151 $23,550 $412 $23,138
2016 $5,969 $23,550 $412 $23,138
2015 $5,427 $20,286 $380 $19,906
2014 $5,378 $20,286 $380 $19,906
2013 $5,222 $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: 11887340

Midwest Real Estate Data (MRED)

APN: 02-22-209-069-1047