Seller's Agent in 2025
Daniel Drake
@ Properties
(847) 347-3484
4 in this area
167 Total Sales
502 E Spruce Dr Unit 1B Palatine, IL 60074
Capri Village NeighborhoodEstimated Value: $159,000 - $175,000
2
Beds
1
Bath
--
Sq Ft
5,314
Sq Ft Lot
Highlights
- Living Room
- Resident Manager or Management On Site
- Dining Room
- Palatine High School Rated A
- Laundry Room
- Baseboard Heating
About This Home
As of February 2025Your perfect opportunity to own a nicely updated 2 bath 1 bath condo in the sought after Fox Cove Subdivision. Nestled nicely near Rand Rd and all of the Retail, Restaurants and more. This updated condo has everything that you are looking for, from updated flooring throughout, newly painted and 2021 updated Kitchen with Newer Shaker Cabinets, updated countertops with backsplash and Appliances. Spacious Living Room with baseboard heating has easy access to your very own patio! Two large bedrooms with plenty of closet space and an updated Bathroom as well! This is a must see with excellent value and the highly desired District 15 and 211 schools. This condo is turn-key ready!!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475132677 Listed on: 11/25/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,882
Year Built
- Built in 1978 | Remodeled in 2021
Lot Details
- 5,314
HOA Fees
- $235 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Schools
- Lincoln Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Community Details
Overview
- Association fees include water, insurance, lawn care, scavenger, snow removal
- 6 Units
- Manager Association, Phone Number (847) 315-0222
- Fox Cove Subdivision
- Property managed by A+ Management
Pet Policy
- Pets up to 25 lbs
- Dogs and Cats Allowed
Additional Features
- Coin Laundry
- Resident Manager or Management On Site
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2024
Closed on
Feb 12, 2025
Sold by
Bought by
Seller's Agent
Daniel Drake
@properties Christie's International Real Estate
Buyer's Agent
Nikhil Shah
ARNI Realty Incorporated
List Price
$175,000
Sold Price
$162,000
Premium/Discount to List
-$13,000
-7.43%
Views
33
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
$4,987
Avg. Annual Appreciation
2.27%
Original Mortgage
$121,500
Outstanding Balance
$120,400
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$46,587
Purchase Details
Closed on
Jan 11, 2023
Sold by
Bought by
Purchase Details
Closed on
Nov 16, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
6.47%
Mortgage Type
Unknown
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $162,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| $126,000 | Alliance Title Corporation |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $121,500 | ||
| Previous Owner | $113,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | Sold | $162,000 | -4.1% | -- |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 12/09/2024 12/09/24 | Price Changed | $169,000 | -3.4% | -- |
| 11/25/2024 11/25/24 | For Sale | $175,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,883 | $16,003 | $342 | $15,661 |
| 2024 | $2,883 | $9,738 | $296 | $9,442 |
| 2023 | $2,789 | $9,738 | $296 | $9,442 |
| 2022 | $2,789 | $9,738 | $296 | $9,442 |
| 2021 | $4,089 | $12,591 | $250 | $12,341 |
| 2020 | $4,028 | $12,591 | $250 | $12,341 |
| 2019 | $4,047 | $14,111 | $250 | $13,861 |
| 2018 | $3,333 | $10,725 | $227 | $10,498 |
| 2017 | $3,270 | $10,725 | $227 | $10,498 |
| 2016 | $3,041 | $10,725 | $227 | $10,498 |
| 2015 | $2,257 | $7,347 | $205 | $7,142 |
| 2014 | $2,030 | $6,687 | $205 | $6,482 |
| 2013 | $1,273 | $4,303 | $205 | $4,098 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Drake
-
Nikhil Shah
Buyer's Agent in 2025
Nikhil Shah
ARNI Realty Incorporated
(312) 208-8561
8 in this area
67 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12215442
APN: 02-02-400-086-1001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 462 E Osage Ln Unit 1A
- 421 E Osage Ln Unit 1A
- 2028 N Rand Rd Unit 202
- 315 E Forest Knoll Dr
- 1484 N Hicks Rd
- 491 E Fawn Ln Unit A
- 491 E Fawn Ln Unit B
- 522 E Thornhill Ln Unit 7Q522
- 574 E Thornhill Ln Unit 3T574
- 175 E Lilly Ln
- 145 E Lilly Ln
- 1801 N Iris Dr
- 823 E Coach Rd Unit 5
- 823 E Coach Rd Unit 6
- 831 E Coach Rd Unit 4
- 1288 N Ashland Ave Unit 1
- 2227 N Rand Rd
- 1928 N High Grove Ln
- 2176 N Westmoreland Dr
- 10A E Dundee Quarter Dr Unit 306
- 502 E Spruce Dr Unit 5021
- 502 E Spruce Dr Unit 5026
- 502 E Spruce Dr Unit 5025
- 502 E Spruce Dr Unit 5024
- 502 E Spruce Dr Unit 5023
- 502 E Spruce Dr Unit 5022
- 502 E Spruce Dr Unit 2B
- 502 E Spruce Dr Unit 3A
- 502 E Spruce Dr Unit 3B
- 502 E Spruce Dr Unit 2A
- 502 E Spruce Dr Unit 1A
- 504 E Spruce Dr Unit 2A
- 504 E Spruce Dr Unit 3A
- 504 E Spruce Dr Unit 3B
- 504 E Spruce Dr Unit 5044
- 504 E Spruce Dr Unit 5043
- 504 E Spruce Dr Unit 1A
- 504 E Spruce Dr Unit 1B
- 500 E Spruce Dr
- 500 E Spruce Dr Unit 2A
Your Personal Tour Guide
Ask me questions while you tour the home.