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  • $246,000

    1642 E Rainbow Bay Ln, Palatine, IL 60074

    3beds
    1,600sqft
    Townhouse, Single Family Residence
    Built in 1980
    -- sqft lot
    $308,000 Zestimate®
    $154/sqft
    $2,406 Estimated rent

    Home value

    $308,000

    $293,000 - $323,000

    $2,406/mo

    Zestimate® history
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    What's special

    New roofBeautiful tile workNew showerHalf bathHardwood floorsFresh vax ringGranite countertops
    *** Highest and best by 12pm, Sunday Nov 5th*** This 2 story townhome presents numerous updates for comfortable living. A new roof was installed in September 2020 for your peace of mind, and a front-loaded washer and dryer from 2018 add convenience to your daily routines. The half bath features a fresh vax ring, and in 2021, the full bathroom underwent a stunning remodel with a new shower and beautiful tile work, creating a spa-like atmosphere. Enjoy the outdoors on the freshly painted deck from 2021. Hardwood floors grace all levels of the home, and the kitchen boasts stainless steel appliances, granite countertops, and cherry cabinets for a sleek and modern look. The dining room features built-in cabinets with granite countertops, adding elegance and functionality to your meals. With a low $137 monthly HOA fee, this property offers both value and style. Don't miss the opportunity to make this your new home. This home is offered for as-is.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Ganbold 877-330-2773,

    Vylla Home

    Bought with:

    Shawn Renchindorg

    Arch Realty Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 11922043MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Blinds), Bathroom (Full)
    • Level: Second
    • Area: 204 Square Feet
    • Dimensions: 17X12
    Bedroom 2
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Second
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Bedroom 3
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Second
    • Area: 99 Square Feet
    • Dimensions: 9X11
    Dining room
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 220 Square Feet
    • Dimensions: 20X11
    Kitchen
    • Features: Kitchen (Custom Cabinetry, Granite Counters), Flooring (Hardwood)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Laundry
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 5X8
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
    • Laundry: Main Level, In Unit
    Features
    • Granite Counters, Separate Dining Room
    • Flooring: Hardwood
    • Windows: Drapes
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,600 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: On Site, Attached, Garage
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Deck
    Details
    • Parcel number: 02014000171181
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Aluminum Siding, Brick
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Subdivision: Hidden Creek
    HOA
    • Has HOA: Yes
    • Amenities included: Park, Pool, Clubhouse
    • Services included: Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $137 monthly
    Location
    • Region: Palatine

    Financial & listing details

    • Price per square foot: $154/sqft
    • Tax assessed value: $156,270
    • Annual tax amount: $4,475
    • Date on market: 11/2/2023
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    11/29/2023Sold$246,000+1.2%$154/sqft
    Source: MRED as distributed by MLS GRID #11922043 Report a problem
    11/7/2023Contingent$243,000$152/sqft
    Source: MRED as distributed by MLS GRID #11922043 Report a problem
    11/2/2023Listed for sale$243,000+31.4%$152/sqft
    Source: MRED as distributed by MLS GRID #11922043 Report a problem
    2/14/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/9/2023Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    12/30/2020Sold$185,000-5.1%$116/sqft
    Source: MRED as distributed by MLS GRID #10860763 Report a problem
    11/22/2020Pending sale$195,000$122/sqft
    Source: Coldwell Banker Realty #10860763 Report a problem
    11/9/2020Price change$195,000-2.5%$122/sqft
    Source: Coldwell Banker Realty #10860763 Report a problem
    10/24/2020Price change$199,900-2.5%$125/sqft
    Source: Coldwell Banker Realty #10860763 Report a problem
    9/17/2020Listed for sale$205,000+28.1%$128/sqft
    Source: Coldwell Banker Realty #10860763 Report a problem
    5/1/2006Sold$160,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $15,627 +0%
    2023$3,645 -18.6%$15,626
    2022$4,475 +9.1%$15,626 +23.7%
    2021$4,103 +34.6%$12,632
    2020$3,049 -0.9%$12,632 -10.8%
    2019$3,076 +55.6%$14,155 +44.5%
    2018$1,977 +1%$9,797
    2017$1,958 -5.4%$9,797
    2016$2,070 -16.3%$9,797 -8.2%
    2015$2,472 +0.5%$10,670
    2014$2,459 +3.4%$10,670
    2013$2,378 +20.5%$10,670 +8.2%
    2012$1,974 -1.8%$9,859
    2011$2,009 -1.2%$9,859
    2010$2,034 -23.9%$9,859 -26.3%
    2009$2,671 -7.8%$13,376 -16.2%
    2008$2,897 -10.9%$15,964
    2007$3,250 +4.2%$15,964 +12.1%
    2006$3,120 -1.1%$14,242
    2005$3,154 +3.7%$14,242
    2004$3,041 +8.8%$14,242 +12.7%
    2003$2,796 +3.3%$12,639
    2002$2,706 +11.8%$12,639
    2001$2,421 +8%$12,639 +19.7%
    2000$2,242 +26.3%$10,558
    1999$1,775 $10,558
    Find assessor info on the county website

    Neighborhood: 60074

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Louise Elementary School
    • Middle: Winston Campus-Junior High
    • High: Palatine High School
    • District: 15

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $308,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $308,000