502 E Spruce Dr Unit 1A Palatine, IL 60074
Capri Village NeighborhoodEstimated Value: $129,000 - $157,000
1
Bed
1
Bath
661
Sq Ft
$152/mo
HOA Fee
Highlights
- End Unit
- Patio
- Heating Available
- Palatine High School Rated A
- Southern Exposure
About This Home
As of May 2021This is a great one bedroom one bathroom property for first time home buyer or investor. Laminate floors throughout. Upgraded kitchen cabinets. Washer/dryer in the building. Nice and quiet neighborhood. It is conveniently located to south of Rand and close to grocery stores, restaurants and Highway 53.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,291
Year Built
- 1981
Lot Details
- End Unit
- Southern Exposure
HOA Fees
- $152 per month
Home Design
- Brick Exterior Construction
Kitchen
- Oven or Range
- Dishwasher
Parking
- Parking Available
- Parking Included in Price
- Assigned Parking
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating Available
Additional Features
- North or South Exposure
- Patio
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2021
Closed on
May 18, 2021
Sold by
Shen Howard
Bought by
Zhang Shuangzhe and Wan Yue
Seller's Agent
Steve Ma
Altogether Realty Corporation
Buyer's Agent
Al Zhou
Altogether Realty Corporation
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Total Days on Market
19
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
$58,748
Avg. Annual Appreciation
14.81%
Purchase Details
Closed on
May 9, 2011
Sold by
88 North Inc
Bought by
Shen Howard
Purchase Details
Closed on
May 13, 2010
Sold by
Callen Jeffrey and Callen Mary
Bought by
88 North Inc
Purchase Details
Closed on
Nov 20, 2007
Sold by
88 North Inc
Bought by
Callen Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,425
Interest Rate
8.98%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Palatine, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Shuangzhe | $80,000 | Chicago Title | |
| Shen Howard | $40,000 | Fidelity Natl Title Ins Co | |
| 88 North Inc | -- | None Available | |
| Callen Jeffrey | -- | None Available | |
| Callen Jeffrey | -- | Alliance Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Callen Jeffrey | $1,105,000 | |
| Previous Owner | Callen Jeffrey | $85,425 | |
| Previous Owner | Callen Jeffrey | $99,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2021 05/21/21 | Sold | $80,000 | -11.0% | $121 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 04/01/2021 04/01/21 | For Sale | $89,900 | -- | $136 / 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 | $2,291 | $8,000 | $243 | $7,757 |
| 2023 | $2,291 | $8,000 | $243 | $7,757 |
| 2022 | $2,291 | $8,000 | $243 | $7,757 |
| 2021 | $2,598 | $8,000 | $205 | $7,795 |
| 2020 | $3,309 | $10,343 | $205 | $10,138 |
| 2019 | $3,324 | $11,591 | $205 | $11,386 |
| 2018 | $2,738 | $8,811 | $187 | $8,624 |
| 2017 | $2,686 | $8,811 | $187 | $8,624 |
| 2016 | $2,498 | $8,811 | $187 | $8,624 |
| 2015 | $1,854 | $6,035 | $168 | $5,867 |
| 2014 | $1,667 | $5,492 | $168 | $5,324 |
| 2013 | $1,045 | $3,534 | $168 | $3,366 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Ma
S
Seller's Agent in 2021
Steve Ma
Altogether Realty Corporation
2 in this area
41 Total Sales
-
Al Zhou
Buyer's Agent in 2021
Al Zhou
Altogether Realty Corporation
(847) 436-4608
2 in this area
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11040107
APN: 02-02-400-086-1002
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