NOT LISTED FOR SALE

245 S Park Ln Unit 116 Palatine, IL 60074

Twin Lakes Neighborhood

Estimated Value: $213,000 - $246,024

2 Beds
2 Baths
1,200 Sq Ft
$380/mo HOA Fee

Last Sold April 04, 2020

Last sale price $143,700 $120 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,938/month

8 Days on Market

Highlights

  • Attached Garage
  • Breakfast Bar
  • Central Air
  • Winston Campus Elementary School Rated A-
  • Patio
  • Heated Garage

About This Home

As of April 2020

NEWLY REMODELED * BRAND NEW GRANITE COUNTERS / SINK / FAUCET & BRAND NEW STAINLESS APPLIANCES * * ALL NEW LIGHTS THROUGHOUT * FRESHLY PAINTED WITH NEUTRAL COLOR THROUGHOUT * NEWER CARPET * PERSONAL HEATED PARKING SPACE * LARGE PRIVATE PATIO * PERSONAL STORAGE CAGE * BIKE ROOM * POOL * GYM * CLUB HOUSE / H.O.A. INCLUDES HEAT, WATER, TRASH, GROUNDS AND PARKING MAINTENANCE. CLEAN TURN KEY - MOVE IN READY ! *** 1,200 SQUARE FEET ***Parking space # 67

Last Agent to Sell the Property

Vanessa Carlson

iRealty Flat Fee Brokerage License #471016540 Listed on: 02/12/2020

Last Buyer's Agent

Tammy Mrotek

Keller Williams Success Realty License #475129166

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,355

Year Built | Renovated

  • 1979 | 2020

Lot Details

  • 2.85

HOA Fees

  • $380 per month

Parking

  • Attached Garage
  • Heated Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Patio
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,355

Year Built | Renovated

1979 | 2020

Lot Details

0

HOA Fees

$380 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1979
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1979
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 24X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1200

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Patio, Door Monitored By TV
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Exercise Room, Storage, Party Room, Pool-Indoors
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Security, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 380
  • Management Contact Name: Manager
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: ASSOCIATION CHICAGO

Schools

  • School District: 211
  • Elementary School: Winston Churchill School
  • Middle School: Winston Churchill School
  • High School: Palatine High School
  • Junior High Dist: 153

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 02241050251015

Multi Family

  • Total Number Unitsin Building: 96
  • Number Stories: 4

Tax Info

  • Taxes: 1747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 3, 2020
Sold by
Wuchterl Joe
Bought by
Haack Catherine
Seller's Agent
Vanessa Carlson
iRealty Flat Fee Brokerage
Buyer's Agent
Tammy Mrotek
Keller Williams Success Realty
List Price
$143,700
Sold Price
$143,700
Current Estimated Value
$234,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,806
Avg. Annual Appreciation
9.34%
Original Mortgage
$114,960
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2019
Sold by
Dasse Teresa M and Federal Home Loan Mortgage Cor
Bought by
Wuchterl Joe

Purchase Details

Closed on
Sep 1, 1998
Sold by
Decl Nelligan Henrietta J and Decl Henrietta J Nelligan 1998
Bought by
Dasse Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.04%

Purchase Details

Closed on
Feb 26, 1998
Sold by
Nelligan Henrietta J
Bought by
Decl Nelligan Henrietta J and Decl Henrietta J Nelligan 1998

Purchase Details

Closed on
Aug 27, 1997
Sold by
Zielke Scott E
Bought by
Nelligan Donald E and Nelligan Henrietta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.54%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Haack Catherine $144,000 Attorneys Ttl Guaranty Fund
Wuchterl Joe $127,000 None Available
Dasse Teresa M $85,500 --
Decl Nelligan Henrietta J -- --
Nelligan Donald E $63,333 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haack Catherine $114,960
Previous Owner Dasse Teresa M $83,500
Previous Owner Dasse Teresa M $25,000
Previous Owner Dasse Teresa M $87,000
Previous Owner Dasse Teresa M $15,000
Previous Owner Dasse Teresa M $50,000
Previous Owner Nelligan Donald E $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2020 04/04/20 Sold $143,700 0.0% $120 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $143,700 -- $120 / 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 $3,355 $14,467 $1,033 $13,434
2023 $3,245 $14,467 $1,033 $13,434
2022 $3,245 $14,467 $1,033 $13,434
2021 $2,455 $10,624 $645 $9,979
2020 $3,514 $10,624 $645 $9,979
2019 $2,505 $11,870 $645 $11,225
2018 $1,748 $8,815 $580 $8,235
2017 $1,734 $8,815 $580 $8,235
2016 $1,877 $8,815 $580 $8,235
2015 $1,978 $8,765 $516 $8,249
2014 $1,975 $8,765 $516 $8,249
2013 $1,323 $8,765 $516 $8,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10635957

Midwest Real Estate Data (MRED)

APN: 02-24-105-025-1015