$260,000
SOLD JUN 30, 2025

1012 Bayside Dr Unit T1012 Palatine, IL 60074

Virginia Lake Neighborhood
3 Beds
1.5 Baths
1,300 Sq Ft
$322/mo HOA Fee

Recently Sold

$200 Per Sq Ft

2% Above List Price

87 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • Palatine High School Rated A
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of June 2025

Palatine Townhouse in rentable community. Beautifully updated 3-bedroom townhome in Runaway Bay! Freshly painted with all new flooring on the main level, this home is ready for your personal touch. The kitchen features stone countertops, 42" cabinets, and newer stainless steel appliances. The remodeled bathrooms are both functional and stylish, while new light fixtures and windows brighten the spacious floorplan. With an in-unit washer and dryer conveniently located on the main level, this turn-key home is ready for you to call 1012 Bayside your own! **no issues, lender could not get spot fha approval**

Last Agent to Sell the Property

Ryan DeHeer

Baird & Warner License #475181357 Listed on: 03/04/2025

Baird & Warner

Last Buyer's Agent

Kylie Pucel

eXp Realty License #475195810

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 1980 | Remodeled in 2024

HOA Fees

  • $322 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Jane Addams Elementary School
  • Winston Campus Middle School
  • Palatine High School

Utilities

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

Community Details

Overview

  • Association fees include insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Advantage Management Association, Phone Number (312) 797-0200
  • Runaway Bay Subdivision
  • Property managed by Advantage Management

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,262

Year Built

Built in 1980 | Remodeled in 2024

Lot Details

0

HOA Fees

$322 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Runaway Bay
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 322
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage Management
  • Management Contact Name: Advantage Management
  • Management Phone: 312-797-0200

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3261.52
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
May 9, 2025
Sold by
Forde Sean
Bought by
Richardson Andre
Seller's Agent
Ryan DeHeer
Baird & Warner
Buyer's Agent
Kylie Pucel
eXp Realty
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Views
750
Current Estimated Value
$243,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,059
Avg. Annual Appreciation
-11.54%
Original Mortgage
$264,550
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2009
Sold by
Bihovski Dennis
Bought by
Forde Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,560
Interest Rate
4.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2009
Sold by
Bank Of American National Association
Bought by
Bihovski Dennis

Purchase Details

Closed on
Aug 14, 2008
Sold by
Lipov Dragomir
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 5, 2007
Sold by
Sitko Jacek
Bought by
Lipov Dragomir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 22, 2005
Sold by
Runaway Bay At Palatine Inc
Bought by
Sitko Jacek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
2.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 None Listed On Document
Warranty Deed $141,000 None Available
Special Warranty Deed $78,000 Servicelink
Legal Action Court Order -- None Available
Warranty Deed $215,000 Plm Title Company
Special Warranty Deed $165,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $264,550 New Conventional
Previous Owner $112,560 Unknown
Previous Owner $43,000 Stand Alone Second
Previous Owner $172,000 Adjustable Rate Mortgage/ARM
Previous Owner $148,400 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $260,000 +2.0% $200 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/17/2025 05/17/25 For Sale $255,000 0.0% $196 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $255,000 0.0% $196 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $255,000 -- $196 / 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
2025 $3,262 $20,105 $3,132 $16,973
2024 $3,262 $14,333 $2,637 $11,696
2023 $3,125 $14,333 $2,637 $11,696
2022 $3,125 $14,333 $2,637 $11,696
2021 $1,830 $8,965 $1,648 $7,317
2020 $1,876 $8,965 $1,648 $7,317
2019 $1,889 $10,017 $1,648 $8,369
2018 $1,308 $7,645 $1,483 $6,162
2017 $1,302 $7,645 $1,483 $6,162
2016 $1,460 $7,645 $1,483 $6,162
2015 $1,154 $6,380 $1,318 $5,062
2014 $1,157 $6,380 $1,318 $5,062
2013 $1,109 $6,380 $1,318 $5,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12303299

Midwest Real Estate Data (MRED)

APN: 02-12-213-001-1330