NOT LISTED FOR SALE

1243 E Baldwin Ln Unit 506 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $224,000 - $255,137

2 Beds
2 Baths
1,200 Sq Ft
0.65 Acre Lot

Sale Details

Date Sold: April 19, 2023

Last sale price $210,000 $175 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,025 / mo

3 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Community Pool
  • Palatine High School Rated A
  • Sauna
  • Tennis Courts

About This Home

As of April 2023

Just listed! A must-see condo in a hiighly sought-after corner unit on the 5th floor that has the best views! Renovated kitchen has tons of counter space and storage. Open floor plan is inviting and spacious! Dining room is large enough that it is currently being used as an office. Living room has in-wall speaker system perfect for a home theater and relaxing to your favorite music. Master bedroom has a beautiful master bath and large walk-in closet. Building amenities include storage lockers, an outdoor pool, fitness room, party room, clubhouse, tennis court and a beautiful pond with fountain. Parking includes 1 space (#62) in garage and 3 above garage. Don't let this one get away! Hurry! This one won't last!

Last Agent to Sell the Property

Randy Famacion

Homeland Realty, Inc. License #475151206 Listed on: 03/10/2023

Last Buyer's Agent

Cristina Timbalist

Coldwell Banker Realty License #475181171

Coldwell Banker Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1979

Lot Details

  • 0.65

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price
  • Zoned Parking Permit
  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 72 Units
  • Charlie Hass Association, Phone Number (847) 757-7171
  • Property managed by Mperial Asset Management LLC
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Sauna
  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,556

Year Built

Built in 1979

Lot Details

0.65 Acres

HOA Fees

$371 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • 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: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • 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
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned, Zoned Permit
  • ParkingTotal: 3
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 371
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, Party Room, Pool, Sauna, Security Door Lock(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Mperial Asset Management LLC
  • Management Contact Name: Charlie Hass
  • Management Phone: 847-757-7171
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 3556.04
  • Tax Year: 2021

Multi Family

  • Units in Building: 72

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 11, 2023
Sold by
Bought by
Seller's Agent
Randy Famacion
Homeland Realty, Inc.
Buyer's Agent
Cristina Timbalist
Coldwell Banker Realty
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%
Views
97
Current Estimated Value
$235,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,034
Avg. Annual Appreciation
3.48%
Original Mortgage
$168,000
Outstanding Balance
$143,890
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$91,144

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 2, 2020
Sold by
Bought by
Seller's Agent
Angela Martinez
HomeSmart Realty Group
Buyer's Agent
Randy Famacion
Homeland Realty, Inc.
List Price
$154,900
Sold Price
$163,000
Premium/Discount to List
$8,100
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$7,500
Interest Rate
2.9%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Feb 16, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,700
Interest Rate
6.5%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Virginia Lake, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$210,000 None Listed On Document
$163,000 Greater Illinois Title
$80,000 Premier Title
-- None Available
-- None Available
$159,000 Multiple
$134,500 Chicago Title Insurance Co
$54,333 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $168,000
Closed $7,500
Closed $154,750
Closed $64,000
Previous Owner $127,200
Closed $127,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2023 04/19/23 Sold $210,000 +2.4% $175 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $205,000 +25.8% $171 / Sq Ft
10/05/2020 10/05/20 Sold $163,000 +5.2% $136 / Sq Ft View Prior Sale
08/27/2020 08/27/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $154,900 -- $129 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,325 $23,753 $381 $23,372
2024 $4,325 $14,609 $320 $14,289
2023 $4,184 $14,609 $320 $14,289
2022 $4,184 $14,609 $320 $14,289
2021 $3,566 $10,980 $200 $10,780
2020 $2,520 $10,980 $200 $10,780
2019 $2,535 $12,267 $200 $12,067
2018 $2,509 $8,074 $180 $7,894
2017 $2,462 $8,074 $180 $7,894
2016 $2,289 $8,074 $180 $7,894
2015 $2,731 $8,889 $160 $8,729
2014 $2,698 $8,889 $160 $8,729
2013 $2,629 $8,889 $160 $8,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11734656

Midwest Real Estate Data (MRED)

APN: 02-12-200-021-1037

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