NOT LISTED FOR SALE

245 S Park Ln Unit 224 Palatine, IL 60074

Twin Lakes Neighborhood

Estimated Value: $200,000 - $231,000

2 Beds
2 Baths
-- Sq Ft
2.85 Acres

Last Sold August 16, 2012

Last sale price $80,000

Est. 176% increase in value since last sale

Current estimated payment $1,916/month

41 Days on Market

Highlights

  • Landscaped Professionally
  • Stainless Steel Appliances
  • Combination Dining and Living Room
  • Winston Campus Elementary School Rated A-
  • Central Air
  • Heated Garage

About This Home

As of August 2012

Priced to sell-move right into this lovely unit! Completely professionally painted-new neutral carpeting- Brand NEW SS Appls. Newer faux-granite countertops-wood laminated floor in kitchen & entry foyer. Large balcony overlooks lovely courtyard. Master bdrm suite w/full bth & walk-in closet. Indoor htd garage. Storage & laundry on same flr. Enjoy the pool & clubhouse. Easy access to Rte 53 & Arlington Pk Metra

Last Agent to Sell the Property

Carol Larson

Listed on: 06/29/2012

Last Buyer's Agent

Debra Hallberg-Palmer

HomeSmart Connect LLC License #475133117

HomeSmart Connect LLC

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,388

Year Built

  • 1972

Lot Details

  • Landscaped Professionally

HOA Fees

  • $358 per month

Parking

  • Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Schools

  • Winston Campus-Elementary School
  • Palatine High School

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$4,388

Year Built

1972

Lot Details

0

HOA Fees

$358 per month

Parking

1

Listing Details

  • Unit Floor Number: 2
  • Special Features: None
  • Stories: 4
  • Year Built: 1972

Interior Features

  • Total # Of Rooms: 5
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: TV Antenna, Security System, Intercom, Ceiling Fan
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X13
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 13X11
  • Second Bedroom Flooring: Carpet
  • Living Room Level: 2nd Level
  • Living Room Size: 19X14
  • Living Room Flooring: Carpet
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: 2nd Level
  • Dining Room Size: 11X9
  • Dining Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: 2nd Level
  • Kitchen Size: 10X9
  • Kitchen Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s), Heated
  • Driveway: Concrete

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 96
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Storage, Party Room, Pool-Outdoors, Security Door Locks
  • Assessment/Association Fees: 358

Schools

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

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Common Grounds, Landscaped Professionally

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Hummel Kenneth G and Hummel Barbara J
Bought by
Hummel Kenneth G and Hummel Barbara J
Current Estimated Value
$220,586

Purchase Details

Listed on
Jun 29, 2012
Closed on
Aug 16, 2012
Sold by
Larson Carol H
Bought by
Hummel Kenneth G and Hummel Barbara J
Seller's Agent
Carol Larson
Buyer's Agent
Debra Hallberg-Palmer
HomeSmart Connect LLC
List Price
$99,500
Sold Price
$80,000
Premium/Discount to List
-$19,500
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Jul 25, 2007
Sold by
Larson Robert H and Larson Carol N
Bought by
Larson Robert H and Larson Carol N

Purchase Details

Closed on
Aug 6, 1993
Sold by
Larson Rose M
Bought by
Larson Rose M and Rose M Larson Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hummel Kenneth G -- None Available
Hummel Kenneth G $80,000 Chicago Title Insurance Co
Larson Robert H -- None Available
Larson Robert H -- None Available
Larson Rose M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2012 08/16/12 Sold $80,000 -19.6% --
08/09/2012 08/09/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $99,500 -- --
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 $4,388 $14,581 $1,041 $13,540
2023 $4,284 $14,581 $1,041 $13,540
2022 $4,284 $14,581 $1,041 $13,540
2021 $3,604 $10,708 $650 $10,058
2020 $3,542 $10,708 $650 $10,058
2019 $3,551 $11,964 $650 $11,314
2018 $2,886 $8,885 $585 $8,300
2017 $2,832 $8,885 $585 $8,300
2016 $2,639 $8,885 $585 $8,300
2015 $2,845 $8,834 $520 $8,314
2014 $2,815 $8,834 $520 $8,314
2013 $2,746 $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: MRD08103545

Midwest Real Estate Data (MRED)

APN: 02-24-105-025-1047