NOT LISTED FOR SALE

1243 E Baldwin Ln Unit 104 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $203,000 - $215,000

2 Beds
2 Baths
1,200 Sq Ft
$329/mo HOA Fee

Last Sold March 29, 2024

Last sale price $175,000 $146 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,592/month

19 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Senior Tax Exemptions
  • Palatine High School Rated A
  • Cats Allowed
  • Heated Garage

About This Home

As of March 2024

DESIRABLE 1ST FLOOR 2 BEDROOM, 2 BATH CONDO LOCATED IN SAN TROPAI. THE PRICE REFLECTS THE TLC NEEDED ON THE PROPERTY. TRADITIONAL LAYOUT WITH FORMAL LIVING ROOM WITH EASTERN EXPOSURE & INCLUDES SLIDING GLASS DOOR WITH ACCESS TO CONCRETE PATIO. GREAT SIZED KITCHEN FEATURES 32" OAK CABINETS/WHITE APPLIANCES & HAS SEPARATE EAT-IN SPACE (ALONG WITH MORE UPPER CABINETS). FORMAL DINING ROOM IS LOCATED OFF THE KITCHEN. 2 GOOD SIZED BEDROOMS INCLUDING 17X11 PRIMARY BEDROOM W/FULL BATH INCLUDING TUB. WALK-IN CLOSET HAS CUSTOM ORGANIZERS. THE BUILDING IS A CHARMER & INCLUDES LAUNDRY ROOM ON FIRST FLOOR & THE UNIT HAS IT'S OWN STORAGE LOCKER.

Last Agent to Sell the Property

Brent Wilk

Wilk Real Estate License #471012010 Listed on: 01/30/2024

Last Buyer's Agent

Margaret Taiwo

Elects Realty Champions LLC License #471004042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $239

Year Built

  • Built in 1979

Lot Details

  • 0.65

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • 1,200 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 75 Units
  • Charles Haas Association, Phone Number (847) 757-7171
  • Property managed by MPERIAL ASSET MANAGEMENT
  • 6-Story Property

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$239

Year Built

Built in 1979

Lot Details

0

HOA Fees

$329 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 329
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MPERIAL ASSET MANAGEMENT
  • Management Contact Name: CHARLES HAAS
  • Management Phone: 847-757-7171X803
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: 150X150
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 239
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 28, 2024
Sold by
Chicago Title Land Trust Co
Bought by
Obidare Kolade S
Seller's Agent
Brent Wilk
Wilk Real Estate
Buyer's Agent
Margaret Taiwo
Elects Realty Champions LLC
List Price
$187,500
Sold Price
$175,000
Premium/Discount to List
-$12,500
-6.67%
Views
211
Current Estimated Value
$210,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,205
Avg. Annual Appreciation
10.98%
Original Mortgage
$166,250
Outstanding Balance
$162,759
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$47,446

Purchase Details

Closed on
Nov 15, 2004
Sold by
Spielberg Irma
Bought by
Harris Trust & Savings Bank and Trust #Htb 1587
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 Buyer Sale Price Title Company
Obidare Kolade S $175,000 Chicago Title
Harris Trust & Savings Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obidare Kolade S $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $175,000 -4.6% $146 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $183,500 -2.1% $153 / Sq Ft
01/30/2024 01/30/24 For Sale $187,500 -- $156 / 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 $1,953 $20,426 $327 $20,099
2024 $1,953 $12,564 $276 $12,288
2023 $1,835 $12,564 $276 $12,288
2022 $1,835 $12,564 $276 $12,288
2021 $239 $9,442 $172 $9,270
2020 $219 $9,442 $172 $9,270
2019 $217 $10,549 $172 $10,377
2018 $22 $6,942 $154 $6,788
2017 $58 $6,942 $154 $6,788
2016 $755 $6,942 $154 $6,788
2015 $961 $7,643 $137 $7,506
2014 $929 $7,643 $137 $7,506
2013 $372 $7,643 $137 $7,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11970197

Midwest Real Estate Data (MRED)

APN: 02-12-200-021-1021