1243 E Baldwin Ln Unit 506 Palatine, IL 60074
Virginia Lake Neighborhood
2
Beds
2
Baths
1,200
Sq Ft
$371/mo
HOA Fee
Highlights
- Fitness Center
- Lock-and-Leave Community
- Community Pool
- Palatine High School Rated A
- Sauna
- Tennis Courts
About This Home
As of April 2023Just 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
Homeland Realty, Inc. License #475151206 Listed on: 03/10/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,556
Year Built
- Built in 1979
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2023
Closed on
Apr 11, 2023
Sold by
Francisco Alana
Bought by
Koziuk Ivan
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,926
Avg. Annual Appreciation
5.57%
Original Mortgage
$168,000
Outstanding Balance
$151,345
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$87,581
Purchase Details
Listed on
Aug 20, 2020
Closed on
Oct 2, 2020
Sold by
Martinez Jose Miguel and Martinez Elena G
Bought by
Francisco Alana
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
Pnc Mortgage
Bought by
Martinez Jose Miguel and Martinez Elena G
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
Hardecki
Bought by
Pnc Mortgage
Purchase Details
Closed on
Jan 22, 2008
Sold by
Hardecki Jan Piotr
Bought by
Hardecki Jan Piotr and Hardecki Malgorzata
Purchase Details
Closed on
Nov 12, 2004
Sold by
Arbitman Olga
Bought by
Hardecki Jan Piotr
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
Braun Morton D
Bought by
Arbitman Olga
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
Rakow Steven J and Rakow Michele
Bought by
Braun Morton D and Braun Shirley L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.02%
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | None Listed On Document | |
| Warranty Deed | $163,000 | Greater Illinois Title | |
| Corporate Deed | $80,000 | Premier Title | |
| Legal Action Court Order | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $159,000 | Multiple | |
| Warranty Deed | $134,500 | Chicago Title Insurance Co | |
| Warranty Deed | $54,333 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,000 | New Conventional | |
| Previous Owner | $7,500 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $154,750 | New Conventional | |
| Previous Owner | $64,000 | New Conventional | |
| Previous Owner | $127,200 | Purchase Money Mortgage | |
| Previous Owner | $127,700 | No Value Available | |
| Previous Owner | $60,000 | No Value Available | |
| Closed | $31,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
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 | $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
-
Randy Famacion
Seller's Agent in 2023
Randy Famacion
Homeland Realty, Inc.
(847) 682-3601
2 in this area
131 Total Sales
-
Cristina Timbalist
Buyer's Agent in 2023
Cristina Timbalist
Coldwell Banker Realty
(224) 600-0785
3 in this area
67 Total Sales
-
Angela Martinez
A
Seller's Agent in 2020
Angela Martinez
HomeSmart Realty Group
(630) 673-2681
1 in this area
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11734656
APN: 02-12-200-021-1037
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