NOT LISTED FOR SALE

Estimated Value: $242,811 - $272,000

1 Bed
1 Bath
1,150 Sq Ft
$291/mo HOA Fee

Last Sold December 18, 2020

Last sale price $175,000 $152 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,044/month

8 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Attached Garage
  • Plum Grove Jr High School Rated A-
  • Balcony
  • Breakfast Bar

About This Home

As of December 2020

Absolutely gorgeous 1st floor condo with open floor plan in the heart of downtown Palatine! Beautiful white kitchen with stainless appliances, custom tile backsplash and quartz counters. Newer bathroom with white vanity, modern tile w/built-ins and new fixtures. Unit features gleaming hardwood floors, large 9 ft ceilings, large walk in closet, huge private balcony & nice modern decor throughout! Dining Room (13' x 9') could be converted to a den/office. There's underground heated parking, private storage space, elevator and party room in the building. Close to commuter train, restaurants, shopping, parks & more! Don't miss this one! *Assessment includes gas/heat, water, garbage, lawn care and snow removal.*

Last Agent to Sell the Property

Matt Pittman

Keller Williams Premiere Properties License #475141411 Listed on: 11/03/2020

Keller Williams Premiere Properties

Last Buyer's Agent

Joan Couris

Keller Williams Thrive License #475155965

Keller Williams Thrive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,756

Year Built

  • 1998

Lot Details

  • 0.33

HOA Fees

  • $291 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • Main Floor Bedroom
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Southern Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,756

Year Built

1998

Lot Details

0

HOA Fees

$291 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1998
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1998

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, Laundry Hook-Up in Unit, Storage, Flexicore
  • Number Of Rooms: 4
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Security System, Intercom, Fire Sprinklers
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 13X09, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1150
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 291
  • Management Contact Name: Charlie
  • Management Phone: 847-757-7171

Fee Information

  • Management Company: Imperial Management

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 02231000491004

Multi Family

  • Total Number Unitsin Building: 30
  • Number Stories: 3

Tax Info

  • Taxes: 4158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 16, 2020
Sold by
Petterson Andrew R
Bought by
Schroeder Katelyn
Seller's Agent
Matt Pittman
Keller Williams Premiere Properties
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$259,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,203
Avg. Annual Appreciation
8.42%
Original Mortgage
$105,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2016
Sold by
John Sasuta
Bought by
Heichele Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,710
Interest Rate
3.45%

Purchase Details

Listed on
Feb 14, 2016
Closed on
Jun 28, 2016
Sold by
Greg Bruning
Bought by
Eckelson Gerald and Eckelson Linda
Seller's Agent
Susan Ferry
Keller Williams Success Realty
Buyer's Agent
Rich Wolnik
Jason Mitchell Real Estate IL
List Price
$189,500
Sold Price
$175,000
Premium/Discount to List
-$14,500
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$172,710
Interest Rate
3.45%

Purchase Details

Listed on
Feb 14, 2016
Closed on
May 5, 2016
Sold by
Wagener Eric T
Bought by
Petterson Andrew R
Seller's Agent
Susan Ferry
Keller Williams Success Realty
Buyer's Agent
Rich Wolnik
Jason Mitchell Real Estate IL
List Price
$189,500
Sold Price
$175,000
Premium/Discount to List
-$14,500
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.56%

Purchase Details

Listed on
Nov 15, 2014
Closed on
Jan 9, 2015
Sold by
Pareti Norma Y
Bought by
Wagener Eric T
Seller's Agent
Sheila Brunetti
RE/MAX Suburban
Buyer's Agent
Susan Ferry
Keller Williams Success Realty
List Price
$159,900
Sold Price
$144,000
Premium/Discount to List
-$15,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jun 28, 2013
Sold by
Dembek Kenneth M
Bought by
Pareti Norma and Norma Y Pareti Living Trust
Seller's Agent
Sue Gould
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Sheila Brunetti
RE/MAX Suburban
List Price
$142,500
Sold Price
$130,000
Premium/Discount to List
-$12,500
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Jan 21, 2005
Sold by
Dorsch Audrey A
Bought by
Dembek Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 1997
Sold by
Parkway Bank & Trust Company
Bought by
Audrey A Dorsch Family Trust
Source: Public Records

Range of Values:

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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
Schroeder Katelyn $175,000 Citywide Title Corporation
Heichele Bryan -- --
Eckelson Gerald -- --
Petterson Andrew R $175,000 Stewart Title
Wagener Eric T $144,000 Multiple
Pareti Norma $130,000 Attorneys Title Guaranty Fun
Dembek Kenneth M $177,500 --
Audrey A Dorsch Family Trust $79,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Katelyn $105,000
Previous Owner Eckelson Gerald $172,710
Previous Owner Eckelson Gerald --
Previous Owner Eckelson Gerald $248,000
Previous Owner Eckelson Gerald --
Previous Owner Petterson Andrew R $140,000
Previous Owner Dembek Kenneth M $142,000
Closed Dembek Kenneth M $26,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $175,000 -2.7% $152 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $179,900 +2.8% $156 / Sq Ft
05/17/2016 05/17/16 Sold $175,000 -2.7% $152 / Sq Ft View Prior Sale
04/05/2016 04/05/16 Pending -- -- --
03/18/2016 03/18/16 Price Changed $179,900 -5.1% $156 / Sq Ft
02/14/2016 02/14/16 For Sale $189,500 +31.6% $165 / Sq Ft
01/19/2015 01/19/15 Sold $144,000 -9.9% -- View Prior Sale
12/24/2014 12/24/14 Pending -- -- --
11/15/2014 11/15/14 For Sale $159,900 +23.0% --
06/28/2013 06/28/13 Sold $130,000 -8.8% -- View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $142,500 -- --
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 $4,756 $16,067 $181 $15,886
2023 $4,601 $16,067 $181 $15,886
2022 $4,601 $16,067 $181 $15,886
2021 $4,232 $13,030 $105 $12,925
2020 $4,169 $13,030 $105 $12,925
2019 $4,158 $14,500 $105 $14,395
2018 $4,193 $13,492 $98 $13,394
2017 $4,114 $13,492 $98 $13,394
2016 $3,826 $13,492 $98 $13,394
2015 $3,769 $12,266 $90 $12,176
2014 $3,723 $12,266 $90 $12,176
2013 $2,850 $12,266 $90 $12,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10924200

Midwest Real Estate Data (MRED)

APN: 02-23-100-049-1004