$250,000
SOLD DEC 22, 2023

507 W Parkside Dr Unit 22D2 Palatine, IL 60067

Plum Grove Village Neighborhood
2 Beds
2 Baths
1,440 Sq Ft
$310/mo HOA Fee

Recently Sold

$174 Per Sq Ft

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Home Office
  • Wood Frame Window
  • Pleasant Hill Elementary School Rated A
  • Balcony
  • Skylights

About This Home

As of December 2023

What a great opportunity to get into the much desired Parkside on the Green community! Upon entering, you're greeted by a spacious stairway leading to beautiful glass french doors which open to your new sanctuary. The home boasts a massive owners suite with walk-in closet and an attached bath filled with natural light. On the other side of the condo you will find the 2nd full bath, a guest bedroom and a den that can be converted into a 3rd bedroom (currently used as an office). Vaulted ceilings throughout, gas fireplace, laundry in unit, balcony overlooking common area, one car attached garage and attic are all included. And so much new! Both skylights were just replaced as well as the roof and siding (siding will be painted as soon as weather permits per HOA), The condo's interior was professionally painted this month as well.

Last Agent to Sell the Property

Christie Gabriel

Keller Williams Inspire License #475203002 Listed on: 11/30/2023

Keller Williams Inspire

Last Buyer's Agent

Evan Napolitano

@properties Christie's International Real Estate License #475187189

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 1994

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Wood Frame Window
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Partially Carpeted

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bedroom Suite
  • 2 Full Bathrooms
  • Soaking Tub
  • Garden Bath

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Patio

Schools

  • Pleasant Hill Elementary School
  • Plum Grove Junior High School
  • Wm Fremd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • American Property Management Association, Phone Number (847) 985-6464
  • Parkside On The Green Subdivision
  • Property managed by American Property Management of Illinois

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,322

Year Built

Built in 1994

Lot Details

0

HOA Fees

$310 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: Parkside on the Green
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Laundry Hook-Up in Unit, Some Wall-To-Wall Cp
  • LivingArea: 1440
  • Room Type: Office, Suite, Balcony/Porch/Lanai
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Garden Tub,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: Square footage is approximate, buyer to verify
  • Total Sq Ft: 0
  • Door Features: French Doors,6 Panel Door(s)
  • Window Features: Skylight(s),Wood Frames
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 250000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 310
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: American Property Management of Illinois
  • Management Contact Name: American Property Management
  • Management Phone: 847-985-6464
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Pleasant Hill Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Junior High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7321.63
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 29, 2024
Sold by
Sriram Murali Nichinbatl and Palasamudram Sreenivasamurthy Yamunadevi
Bought by
Boomi Housing Llc - Series Boomi - 1
Seller's Agent
Evan Napolitano
@properties Christie's International Real Estate
Buyer's Agent
Akiko Takahashi
NX Realtors
Sold Price
$2,800
Total Days on Market
4
Views
58
Current Estimated Value
$319,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,014

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 20, 2023
Sold by
Pelanek Kathy
Bought by
Sriram Murali Nichinbat and Palasamudram Sreenivasamurthy Yamunadevi
Seller's Agent
Christie Gabriel
Keller Williams Inspire
Buyer's Agent
Evan Napolitano
@properties Christie's International Real Estate
List Price
$250,000
Sold Price
$250,000
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.37%
Original Mortgage
$187,500
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
Pelanek Frank and Pelanek Angelica M
Bought by
Peterson Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Pelanek Frank
Bought by
Pelanek Frank and Pelanek Angelica M

Purchase Details

Closed on
Jun 10, 1999
Sold by
Pelanek Frank and Pelanek Susan
Bought by
Pelanek Frank
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $250,000 Fidelity National Title
Warranty Deed $173,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity Natl Title Ins Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $187,500 New Conventional
Previous Owner $138,400 New Conventional
Previous Owner $35,987 Credit Line Revolving
Previous Owner $104,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Rented $2,800 0.0% --
02/15/2024 02/15/24 For Rent $2,800 0.0% --
12/22/2023 12/22/23 Sold $250,000 0.0% $174 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $250,000 -- $174 / 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 $7,322 $28,984 $5,668 $23,316
2023 $7,322 $28,984 $5,668 $23,316
2022 $7,322 $28,984 $5,668 $23,316
2021 $6,733 $24,063 $2,952 $21,111
2020 $6,706 $24,063 $2,952 $21,111
2019 $6,671 $26,691 $2,952 $23,739
2018 $6,585 $24,626 $2,716 $21,910
2017 $6,479 $24,626 $2,716 $21,910
2016 $6,275 $24,626 $2,716 $21,910
2015 $5,011 $18,934 $2,479 $16,455
2014 $4,967 $18,934 $2,479 $16,455
2013 $5,015 $19,584 $2,479 $17,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11928494

Midwest Real Estate Data (MRED)

APN: 02-27-111-117-1140