245 S Park Ln Unit 125 Palatine, IL 60074
Twin Lakes Neighborhood
1
Bed
1
Bath
850
Sq Ft
$316/mo
HOA Fee
Highlights
- Fitness Center
- Main Floor Bedroom
- Elevator
- Winston Campus Elementary School Rated A-
- Community Pool
- Stainless Steel Appliances
About This Home
As of August 2024Completely remodeled 1bedroom 1 bath in popular Willow Creek Condo community. New luxury vinyl plank floors in Living Room, Dining Room, kitchen and hallway. New carpet in both bedrooms. New LED lighting in all rooms. Updated kitchen with new quartz countertops, new stainless-steel appliances and subway tile backsplash. New six panel white doors throughout. New 6-inch baseboards throughout. Large living room dining room combo with new sliding door leading out to large patio. Master bedroom boasts 2 closets including a walk-in. Underground heated parking space (#42) with additional parking outside. Security cameras on each floor. Building entry intercom. Additional amenities include, pool, clubhouse, BBQ grills and exercise room. Easy access to Rt 53, Hwy 90. Walking distance to the Arlington Park train station. The low HOA fee includes heat, water, cooking gas, lawn care, snow removal, common area maintenance and allows you access to use of the club house, pool, fitness room, patio grills. Adjacent to Twin Lakes Rec complex which includes an executive 9 hole golf course, driving range, fishing, paddle boats, walking paths and much more! Downtown Palatine, shops, restaurants, grocery all within minutes. Quick drive to O'Hare.
Last Agent to Sell the Property
RE/MAX Suburban License #471007396 Listed on: 06/29/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,421
Year Built
- Built in 1979 | Remodeled in 2024
HOA Fees
- $316 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 850 Sq Ft Home
- 4-Story Property
- Ceiling Fan
- Open Floorplan
- Storage
- Laminate Flooring
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Main Floor Bedroom
- Walk-In Closet
- 1 Full Bathroom
Schools
- Winston Campus Middle School
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 96 Units
- Larry April Association, Phone Number (773) 313-0025
- Willow Creek Subdivision
- Property managed by Rosen Management
Amenities
- Building Patio
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2024
Closed on
Aug 9, 2024
Sold by
Lesiuk Michael
Bought by
Prochaska Nicole
Seller's Agent
Steve Burke
RE/MAX Suburban
Buyer's Agent
Richard Clark
Kozar Real Estate Group
List Price
$184,900
Sold Price
$185,000
Premium/Discount to List
$100
0.05%
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
$3,444
Avg. Annual Appreciation
0.31%
Original Mortgage
$130,000
Outstanding Balance
$129,020
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$56,551
Purchase Details
Closed on
Jan 8, 2024
Sold by
Bertram Jack M
Bought by
Lesiuk Michael
Purchase Details
Closed on
Aug 9, 2007
Sold by
Graham Jaclyn and Bertram Jaclyn
Bought by
Bertram Jack M and Graham Jaclyn
Purchase Details
Closed on
Sep 1, 2004
Sold by
Bertram Jack M and Bertram Susan D
Bought by
Bertram Jaclyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 13, 2004
Sold by
Iondev Luben Ivanov
Bought by
Bertram Jack M and Bertram Susan D
Purchase Details
Closed on
Oct 24, 2002
Sold by
Price Julie Ann and Irvin F Garms Declaration Of T
Bought by
Iondev Lubenivanov
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
5.62%
Purchase Details
Closed on
Sep 17, 2001
Sold by
Garms Irvin F
Bought by
Garms Irvin F and Irvin F Garms Declaration Of T
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 | $185,000 | Proper Title | |
| Warranty Deed | $120,000 | Chicago Title Insurance Compan | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | $135,000 | Law Title | |
| Warranty Deed | $120,000 | Rtc | |
| Deed | $105,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,000 | New Conventional | |
| Previous Owner | $70,000 | Purchase Money Mortgage | |
| Previous Owner | $99,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2024 08/09/24 | Sold | $185,000 | +0.1% | $218 / Sq Ft |
| 06/29/2024 06/29/24 | Pending | -- | -- | -- |
| 06/29/2024 06/29/24 | For Sale | $184,900 | -- | $218 / 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 | $2,512 | $11,664 | $833 | $10,831 |
| 2023 | $2,421 | $11,664 | $833 | $10,831 |
| 2022 | $2,421 | $11,664 | $833 | $10,831 |
| 2021 | $1,762 | $8,566 | $520 | $8,046 |
| 2020 | $1,807 | $8,566 | $520 | $8,046 |
| 2019 | $1,822 | $9,570 | $520 | $9,050 |
| 2018 | $1,193 | $7,107 | $468 | $6,639 |
| 2017 | $1,189 | $7,107 | $468 | $6,639 |
| 2016 | $1,369 | $7,107 | $468 | $6,639 |
| 2015 | $1,431 | $7,066 | $416 | $6,650 |
| 2014 | $1,433 | $7,066 | $416 | $6,650 |
| 2013 | $1,379 | $7,066 | $416 | $6,650 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Steve Burke
RE/MAX Suburban
(847) 230-7011
1 in this area
65 Total Sales
-
Buyer's Agent in 2024
Richard Clark
Kozar Real Estate Group
(520) 585-4621
1 in this area
108 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12093725
APN: 02-24-105-025-1024
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