$145,000
SOLD JAN 27, 2025
2 Beds
2 Baths
1,300 Sq Ft
$449/mo HOA Fee

Recently Sold

$112 Per Sq Ft

13 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Pond
  • Palatine High School Rated A
  • Lock-and-Leave Community
  • Wood Flooring

About This Home

As of January 2025

Investors are invited to consider this fabulous 2-bedroom, 2-bathroom condo with a beautiful pond view. The spacious rooms are a blank canvas for your decorating ideas. Features include newer windows, a new balcony, an eat-in kitchen w/pantry and 2nd door to the stairs and laundry facilities, and a newer slider to the balcony with pond views. The master bedroom comes with a private bath and large closet. Conveniently located near shopping, expressways, and restaurants. Enjoy the community pool for summer fun. Current tenant's lease runs until 8/1/25. Cash only.

Last Agent to Sell the Property

Irina Khaykin

RE/MAX United License #471000464 Listed on: 01/04/2025

RE/MAX United

Last Buyer's Agent

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1977

Lot Details

  • Waterfront

HOA Fees

  • $449 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Water Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Pond
  • Balcony
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Customer Service Association, Phone Number (630) 787-0305
  • Long Valley Subdivision
  • Property managed by Williamson Management
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets up to 99 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,033

Year Built

Built in 1977

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Long Valley
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 144500
  • Lot Features: Common Grounds, Pond(s), Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street, Visitor Parking
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 449
  • Association Amenities: Coin Laundry, Storage, On Site Manager/Engineer, Pool, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Williamson Management
  • Management Contact Name: Customer Service
  • Management Phone: 630-787-0305
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 3033
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Jan 27, 2025
Sold by
Chen Shumin
Bought by
Ye Xin
Seller's Agent
Irina Khaykin
RE/MAX United
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$144,500
Sold Price
$145,000
Premium/Discount to List
$500
0.35%
Total Days on Market
13
Views
81
Current Estimated Value
$148,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,006
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Aug 30, 2013
Sold by
Arriaga Salvador
Bought by
Chen Shumin

Purchase Details

Closed on
Feb 6, 2004
Sold by
Hirshfeld Daniel C and Hirshfeld Jacob Laverne
Bought by
Arriaga Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,975
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 1994
Sold by
Swartz Ronald E
Bought by
Jacob Laverne and Hirsfeld Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,050
Interest Rate
7.31%
Source: Public Records

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Range of Values:

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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 $145,000 Old Republic Title
Warranty Deed $145,000 Old Republic Title
Warranty Deed $50,000 Cambridge Title Company
Warranty Deed $130,500 Multiple
Warranty Deed $43,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $122,900 New Conventional
Previous Owner $123,975 Unknown
Previous Owner $7,800 Credit Line Revolving
Previous Owner $58,050 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $145,000 +0.3% $112 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $144,500 -- $111 / 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
2024 $3,033 $10,458 $2,156 $8,302
2023 $3,033 $10,458 $2,156 $8,302
2022 $3,033 $10,458 $2,156 $8,302
2021 $2,595 $8,012 $1,347 $6,665
2020 $2,543 $8,012 $1,347 $6,665
2019 $2,530 $8,951 $1,347 $7,604
2018 $2,041 $6,741 $1,212 $5,529
2017 $1,998 $6,741 $1,212 $5,529
2016 $1,862 $6,741 $1,212 $5,529
2015 $1,538 $5,147 $1,078 $4,069
2014 $1,516 $5,147 $1,078 $4,069
2013 $718 $5,147 $1,078 $4,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12264534

Midwest Real Estate Data (MRED)

APN: 02-12-206-041-1022