NOT LISTED FOR SALE

88 W Hamilton Dr Unit 58 Palatine, IL 60067

Reseda Neighborhood

Estimated Value: $261,000 - $277,000

2 Beds
1 Bath
1,200 Sq Ft
$216/mo HOA Fee

Last Sold January 18, 2019

Last sale price $173,000 $144 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,061/month

89 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Corner Lot
  • Palatine High School Rated A
  • End Unit
  • Walk-In Pantry

About This Home

As of January 2019

Beautiful end unit, upper floor condo with a private balcony overlooking picturesque, serene and heavily wooded county land! This condo community has direct access to a walking path that meanders thru parts of the community. Interior spaces will not disappoint. Enter through the private entrance or from the attached garage. You will be greeted with an open floor plan, vaulted ceilings and a well appointed kitchen that includes higher end, stainless appliances, loads of counter space, plenty of cabinetry and convenient breakfast bar. The living area has a cozy fireplace, lots of natural lighting and a sliding door that leads to the private balcony with those gorgeous views. Spacious master bedroom boasting vaulted ceilings, large closet and the shared doubled sinked vanity. New roof, siding, flooring and paint along with newer furnace and stainless appliances makes this so maintenance friendly! Close to downtown Palatine, the Metra Station and highway! Super clean and move in ready!

Last Agent to Sell the Property

Catherine Schmidt

Compass License #475131347 Listed on: 09/28/2018

Compass

Last Buyer's Agent

Heather Heinlein

Baird & Warner License #475142783

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,187

Year Built

  • 1994

Lot Details

  • End Unit
  • Cul-De-Sac
  • Landscaped Professionally

HOA Fees

  • $216 per month

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Dual Sinks
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,187

Year Built

1994

Lot Details

0

HOA Fees

$216 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Unit Floor Level: 2
  • Age: 21-25 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X5, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X9, On Level: 2nd Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Storms/Screens, End Unit

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
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 216
  • Management Contact Name: Manager
  • Management Phone: 847-918-0000

Fee Information

  • Management Company: Cornerstone Management

Schools

  • School District: 211
  • Elementary School: Lincoln Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Corner, Cul-de-sac, Landscaped Professionally
  • Parcel Identification Number: 02104060331032

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 2831.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Jan 9, 2019
Sold by
Schmidt Robert W and Schmidt Catherine L
Bought by
Boscolo Luca
Seller's Agent
Catherine Schmidt
Compass
Buyer's Agent
Heather Heinlein
Baird & Warner
List Price
$194,900
Sold Price
$173,000
Premium/Discount to List
-$21,900
-11.24%
Current Estimated Value
$273,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,169
Avg. Annual Appreciation
7.15%

Purchase Details

Listed on
Feb 13, 2015
Closed on
Mar 17, 2015
Sold by
Hart Jessica E
Bought by
Schmidt Robert W and Schmidt Catherine L
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Catherine Schmidt
Compass
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$123,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2009
Sold by
Malysa Tomasz
Bought by
Hart Jessica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,001
Interest Rate
5.21%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2003
Sold by
Arabinko Kelly J and Mattran Kelly J
Bought by
Malysa Tomasz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2001
Sold by
Hanson Robert
Bought by
Arabinko Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.25%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Limberg Kathleen M
Bought by
Hanson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
6.83%

Purchase Details

Closed on
Feb 17, 1999
Sold by
Limberg Brian M
Bought by
Limberg Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
6.83%

Purchase Details

Closed on
May 26, 1994
Sold by
Smith Deborah M
Bought by
Limberg Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.34%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boscolo Luca $173,000 None Available
Schmidt Robert W $145,000 Cti
Hart Jessica E $175,000 Saturn Title Llc
Malysa Tomasz $192,000 Multiple
Arabinko Kelly J $153,000 Premier Title
Hanson Robert $124,500 --
Limberg Kathleen M -- --
Limberg Kathleen M $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Robert W $123,250
Previous Owner Hart Jessica E $150,687
Previous Owner Hart Jessica E $154,001
Previous Owner Malysa Tomasz $153,600
Previous Owner Arabinko Kelly J $110,000
Previous Owner Hanson Robert $99,600
Previous Owner Limberg Kathleen M $60,000
Closed Hanson Robert $12,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $173,000 -6.9% $144 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
12/02/2018 12/02/18 Price Changed $185,900 -1.1% $155 / Sq Ft
11/02/2018 11/02/18 Price Changed $187,900 -1.1% $157 / Sq Ft
10/14/2018 10/14/18 Price Changed $189,900 -2.6% $158 / Sq Ft
09/28/2018 09/28/18 For Sale $194,900 +34.4% $162 / Sq Ft
03/20/2015 03/20/15 Sold $145,000 +3.6% $121 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $139,900 -- $117 / 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 $4,187 $17,459 $2,765 $14,694
2023 $4,020 $17,459 $2,765 $14,694
2022 $4,020 $17,459 $2,765 $14,694
2021 $3,433 $13,902 $2,559 $11,343
2020 $3,455 $13,902 $2,559 $11,343
2019 $3,470 $15,529 $2,559 $12,970
2018 $2,867 $12,662 $2,354 $10,308
2017 $2,831 $12,662 $2,354 $10,308
2016 $2,882 $12,662 $2,354 $10,308
2015 $3,574 $14,254 $2,150 $12,104
2014 $3,547 $14,254 $2,150 $12,104
2013 $3,438 $14,254 $2,150 $12,104
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10096767

Midwest Real Estate Data (MRED)

APN: 02-10-406-033-1032