508 E Spruce Dr Unit 42B Palatine, IL 60074
Capri Village NeighborhoodEstimated Value: $159,000 - $177,000
2
Beds
1
Bath
850
Sq Ft
$110/mo
HOA Fee
Highlights
- Balcony
- Wood Burning Fireplace
- Heating Available
- Palatine High School Rated A
About This Home
As of March 2021Welcome home! You will love this bright two-bedroom one-bath condo located in the Fox Cove Subdivision. This lovely condo features an updated kitchen with granite countertops, a breakfast bar, and room for a table; updated bathroom; wood laminate flooring throughout; freshly painted; crown molding; a balcony; and a wood burning fireplace. Use the second bedroom as a spacious home office. Minutes to restaurants, shopping and the expressway. Quick close is possible. Don't miss out on this one, it won't last long!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,123
Year Built
- 1982
Lot Details
- 1.72
HOA Fees
- $110 per month
Home Design
- Brick Exterior Construction
Interior Spaces
- Wood Burning Fireplace
- Laminate Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Parking
- Parking Available
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Balcony
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating Available
Community Details
- Pets Allowed
Listing and Financial Details
- $3,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2021
Closed on
Mar 16, 2021
Sold by
De Monte Builders Inc
Bought by
Maldonado Monica
Seller's Agent
Katie Smith
GMC Realty LTD
Buyer's Agent
Jack Michalkiewicz
Coldwell Banker Realty
List Price
$115,900
Sold Price
$119,000
Premium/Discount to List
$3,100
2.67%
Total Days on Market
4
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
$50,887
Avg. Annual Appreciation
9.41%
Original Mortgage
$6,000
Outstanding Balance
$5,507
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$168,080
Purchase Details
Closed on
Mar 21, 2014
Sold by
Citibank Na
Bought by
Demonte Builders Inc
Purchase Details
Closed on
Dec 30, 2013
Sold by
Reynolds Polly S and Nationstar Mortgage Llc
Bought by
Citibank Na
Purchase Details
Closed on
Jul 25, 2007
Sold by
Pak Jinkyu and Pak Soon Hee
Bought by
Reynolds Polly S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,320
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Palatine, IL
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
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maldonado Monica | $119,000 | Chicago Title | |
| Demonte Builders Inc | $62,500 | First American | |
| Citibank Na | -- | None Available | |
| Reynolds Polly S | $163,000 | Fatic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maldonado Monica | $6,000 | |
| Open | Maldonado Monica | $115,430 | |
| Previous Owner | Reynolds Polly S | $130,320 | |
| Previous Owner | Reynolds Polly S | $32,580 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $119,000 | +2.7% | $140 / Sq Ft |
| 02/14/2021 02/14/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $115,900 | -- | $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 | $3,123 | $10,905 | $289 | $10,616 |
| 2023 | $3,123 | $10,905 | $289 | $10,616 |
| 2022 | $3,123 | $10,905 | $289 | $10,616 |
| 2021 | $2,260 | $6,960 | $244 | $6,716 |
| 2020 | $2,227 | $6,960 | $244 | $6,716 |
| 2019 | $2,237 | $7,800 | $244 | $7,556 |
| 2018 | $1,204 | $3,874 | $221 | $3,653 |
| 2017 | $1,181 | $3,874 | $221 | $3,653 |
| 2016 | $1,098 | $3,874 | $221 | $3,653 |
| 2015 | $1,641 | $5,341 | $199 | $5,142 |
| 2014 | $842 | $5,341 | $199 | $5,142 |
| 2013 | $802 | $5,341 | $199 | $5,142 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Smith
K
Seller's Agent in 2021
Katie Smith
GMC Realty LTD
(630) 207-0966
1 in this area
15 Total Sales
-
Steven Smith
S
Seller Co-Listing Agent in 2021
Steven Smith
GMC Realty LTD
(630) 674-2472
1 in this area
23 Total Sales
-
Jack Michalkiewicz
Buyer's Agent in 2021
Jack Michalkiewicz
Coldwell Banker Realty
(708) 983-3119
1 in this area
126 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10992496
APN: 02-02-400-061-1022
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