NOT LISTED FOR SALE

Estimated Value: $99,000 - $126,000

-- Bed
1 Bath
550 Sq Ft
$279/mo HOA Fee

Last Sold November 16, 2023

Last sale price $85,000 $155 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $895/month

5 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Palatine Station
  • Resident Manager or Management On Site
  • Palatine High School Rated A
  • Elevator
  • 4-minute walk to Towne Square

About This Home

As of November 2023

Cheaper than Renting! Park Towne Community is a perfect location for the commuter. It's across from the new Metra Station, and Starbucks, near fine dining, parks, etc. Top floor unit. Low Association fees include Heat, Gas, Water, a Pool, an Exercise Room, a Storage closet, Parking and so much more..

Last Listed By

Edyta Rachwal

Baird & Warner License #475124859 Listed on: 10/13/2023

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $137

Year Built

  • Built in 1971

Lot Details

  • 3.4

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 550 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room

Parking

  • 2 Parking Spaces
  • Additional Parking
  • Uncovered Parking
  • Visitor Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Gray M Sanborn Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, air conditioning, water, parking, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 128 Units
  • 1St Service Residential Association, Phone Number (954) 926-2921
  • Property managed by PARK TOWNE HOMEOWNERS ASSOC

Amenities

  • Elevator

Recreation

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$137

Year Built

Built in 1971

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 550
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Square Footage Comments: estimated not confirmed
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 89981
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Visitor Parking, Additional Parking
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 279
  • Association Amenities: Elevator(s), Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: PARK TOWNE HOMEOWNERS ASSOC
  • Management Contact Name: 1st Service Residential
  • Management Phone: 954-926-2921
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 137.3
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2024
Sold by
Piermattei Victor M and Piermattei Victor M
Bought by
Qmr 140 W Wood Llc
Total Days on Market
5
Current Estimated Value
$107,028

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 2, 2023
Sold by
Borowiec Peter
Bought by
Victor Piermatter and Piermattei Victor M
Seller's Agent
Edyta Rachwal
Baird & Warner
Buyer's Agent
Shannon Bremner
Keller Williams Success Realty
List Price
$89,981
Sold Price
$85,000
Premium/Discount to List
-$4,981
-5.54%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$63,500
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2000
Sold by
Hansen Charles and Hansen Pamela
Bought by
Borowiec Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
8.31%

Range of Values:

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Average Value
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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
Qmr 140 W Wood Llc $99,000 None Listed On Document
Victor Piermatter $85,000 None Listed On Document
Borowiec Peter $58,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Victor Piermatter $63,500
Previous Owner Borowiec Peter $45,387
Previous Owner Borowiec Peter $46,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $85,000 -5.5% $155 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $89,981 -- $164 / 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 $223 $4,200 $347 $3,853
2023 $223 $4,200 $347 $3,853
2022 $223 $4,200 $347 $3,853
2021 $250 $4,099 $202 $3,897
2020 $319 $4,099 $202 $3,897
2019 $325 $4,561 $202 $4,359
2018 $0 $3,065 $187 $2,878
2017 $0 $3,065 $187 $2,878
2016 $161 $3,065 $187 $2,878
2015 $230 $3,372 $173 $3,199
2014 $244 $3,372 $173 $3,199
2013 $220 $3,372 $173 $3,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11907835

Midwest Real Estate Data (MRED)

APN: 02-15-407-049-1095