NOT LISTED FOR SALE

245 S Park Ln Unit 216 Palatine, IL 60074

Twin Lakes Neighborhood

Estimated Value: $216,000 - $235,000

2 Beds
2 Baths
-- Sq Ft
$391/mo HOA Fee

Last Sold May 17, 2021

Last sale price $158,000

Est. 43% increase in value since last sale

Current estimated payment $1,908/month

11 Days on Market

Highlights

  • Landscaped Professionally
  • Balcony
  • Breakfast Bar
  • Winston Campus Elementary School Rated A-
  • Attached Garage
  • Storage

About This Home

As of May 2021

Begin making memories in your gorgeous 2 bedroom, 2 bath condo located right next to Twin lakes Golf Course and Recreation Area. Come right in to home's bright and airy voluminous layout- ideal for entertaining and everyday living! Gourmet kitchen boasts matching white appliances and an abundance of white cabinetry. Enjoy your sun-filled and spacious living room highlighting exterior access to your stunning balcony overlooking courtyard. Fall in love with your cozy dining room perfect for every gathering. Retreat to your breathtaking master bedroom featuring elegant ensuite. Full bath and second bedroom complete main level. Laundry on same floor as unit!!! Garage space, storage, clubhouse, and outdoor pool access included!!! This remarkable home won't last long!!!

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 03/04/2021

Last Buyer's Agent

Dmitry Raguimov

Core Realty & Investments, Inc License #475189513

Core Realty & Investments, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,390

Year Built

  • 1979

Lot Details

  • 2.85

HOA Fees

  • $391 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • Landscaped Professionally

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,390

Year Built

1979

Lot Details

0

HOA Fees

$391 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1979
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1979

Interior Features

  • Interior Property Features: Elevator, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 18X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, Party Room, Pool-Outdoors, Tennis Court/s, Clubhouse
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger
  • Assessment Association Fees: 391
  • Management Contact Name: Lynn
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: Associa management services

Schools

  • School District: 211
  • Elementary School: Winston Campus-Elementary
  • Middle School: Winston Campus-Junior High
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 02241050251039

Multi Family

  • Total Number Unitsin Building: 95
  • Number Stories: 4

Tax Info

  • Taxes: 561.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 11, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Shavel Vladimir and Shavel Oleg V
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Dmitry Raguimov
Core Realty & Investments, Inc
List Price
$163,000
Sold Price
$158,000
Premium/Discount to List
-$5,000
-3.07%
Current Estimated Value
$226,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,492
Avg. Annual Appreciation
9.15%
Original Mortgage
$153,260
Outstanding Balance
$140,535
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$89,116

Purchase Details

Closed on
Sep 16, 2004
Sold by
Lasalle Bank Na
Bought by
Hedstrom Donna and Hedstrom Paul

Purchase Details

Closed on
Jun 24, 1994
Sold by
Rochelle Weicensang Neil and Rochelle Weicensang
Bought by
Lasalle National Trust Na
Source: Public Records

Range of Values:

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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
Shavel Vladimir $158,000 Fidelity National Title
Hedstrom Donna $162,000 Pntn
Lasalle National Trust Na $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shavel Vladimir $153,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $158,000 -3.1% --
03/15/2021 03/15/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $163,000 -- --
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 $3,390 $14,581 $1,041 $13,540
2023 $3,279 $14,581 $1,041 $13,540
2022 $3,279 $14,581 $1,041 $13,540
2021 $618 $10,708 $650 $10,058
2020 $566 $10,708 $650 $10,058
2019 $562 $11,964 $650 $11,314
2018 $616 $8,885 $585 $8,300
2017 $594 $8,885 $585 $8,300
2016 $1,220 $8,885 $585 $8,300
2015 $1,390 $8,834 $520 $8,314
2014 $1,347 $8,834 $520 $8,314
2013 $761 $8,834 $520 $8,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11010278

Midwest Real Estate Data (MRED)

APN: 02-24-105-025-1039