NOT LISTED FOR SALE

502 E Spruce Dr Unit 2B Palatine, IL 60074

Capri Village Neighborhood

Estimated Value: $167,954 - $186,000

2 Beds
1 Bath
804 Sq Ft
$235/ mo HOA Fee

Last Sold March 03, 2025

Last sale price $165,000 $205 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,376/month

10 Days on Market

Highlights

  • L-Shaped Dining Room
  • Balcony
  • Living Room
  • Palatine High School Rated A
  • Intercom
  • Resident Manager or Management On Site

About This Home

As of March 2025

Welcome to this delightful 2-bedroom, 1-bathroom condo, offering the perfect blend of comfort and convenience in a quiet neighborhood. Whether you're a first-time homebuyer, a small family, or an investor looking for an attractive rental property, this condo is sure to meet all your needs. On-site laundry facilities. This condo is situated in an easily accessible area, just minutes from local shopping centers, restaurants, and parks. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Rafay Qamar

Real Broker LLC License #475158420 Listed on: 01/23/2025

Real Broker LLC

Last Buyer's Agent

Yevhen Hurtovyi

Realta Real Estate License #475182207

Realta Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1981

Lot Details

  • 5,314

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 804 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Intercom
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Andrea Bodenstein Association, Phone Number (312) 475-9400
  • Fox Cove Subdivision
  • Property managed by Advantage Management

Amenities

  • Coin Laundry

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,881

Year Built

Built in 1981

Lot Details

5,314 Sq Ft Lot

HOA Fees

$235 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Fox Cove
  • Year Built: 1981
  • Age: 41-50 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: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 804
  • Other Equipment: Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Number Limit, Size Limit
  • Association Fee: 235
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage Management
  • Management Contact Name: Andrea Bodenstein
  • Management Phone: 312-475-9400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 2880.6
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2011
Sold by
88 North Inc
Bought by
Reddy Sukanya
Current Estimated Value
$172,989

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
$99,000
Interest Rate
8.98%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Reddy Sukanya $42,000 Fidelity Natl Title Ins Co
88 North Inc -- None Available
Callen Jeffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Callen Jeffrey $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $165,000 -2.9% $205 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $169,900 -- $211 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,881 $15,991 $342 $15,649
2024 $2,881 $9,731 $296 $9,435
2023 $2,787 $9,731 $296 $9,435
2022 $2,787 $9,731 $296 $9,435
2021 $4,086 $12,582 $250 $12,332
2020 $4,025 $12,582 $250 $12,332
2019 $4,044 $14,100 $250 $13,850
2018 $3,330 $10,717 $227 $10,490
2017 $3,268 $10,717 $227 $10,490
2016 $3,039 $10,717 $227 $10,490
2015 $2,255 $7,340 $204 $7,136
2014 $2,028 $6,681 $204 $6,477
2013 $1,271 $4,298 $204 $4,094
Source: Public Records

Agents Affiliated with this Home

  • Rafay Qamar

    Seller's Agent in 2025

    Rafay Qamar

    Real Broker LLC

    (773) 232-5871

    2 in this area

    1,124 Total Sales

    Rafay Qamar
    Section Image
  • Yevhen Hurtovyi

    Buyer's Agent in 2025

    Yevhen Hurtovyi

    RE/MAX

    (773) 331-1608

    9 in this area

    229 Total Sales

    Yevhen Hurtovyi
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12269574

Midwest Real Estate Data (MRED)

APN: 02-02-400-086-1003

Illinois Cook County Palatine 60074 Capri Village

502 E Spruce Dr Unit 2B, Palatine, IL

Not Listed for Sale

Condos

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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