245 S Park Ln Unit 405 Palatine, IL 60074
Twin Lakes Neighborhood
2
Beds
2
Baths
1,044
Sq Ft
$411/mo
HOA Fee
Highlights
- Wine Refrigerator
- Community Pool
- Stainless Steel Appliances
- Winston Campus Elementary School Rated A-
- Party Room
- Balcony
About This Home
As of October 2024Updated 4th floor end unit, recently remodeled. One designated indoor and one outdoor parking space. Kitchen opens to living room and dining room, Kitchen has newer cabinets, granite countertops, s/s appliances, under cabinet lighting, built in wine cooler. 2 full updated bathrooms. Wood laminate flooring throughout the LR,DR & BRs. Freshly painted throughout. All utilities are included in the monthly assessment. Large storage space down the hall. Loads of amenities including a large clubhouse with BBQ patios and a huge pool area. Adjacent to the Twin Lakes Recreation facility that includes a 9-hole golf course, driving range, fishing, paddleboats and walking paths. Move-In Ready!
Last Agent to Sell the Property
Conversion Specialists, Inc License #471005032 Listed on: 08/14/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,611
Year Built
- Built in 1975 | Remodeled in 2014
HOA Fees
- $411 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
- Unassigned Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,044 Sq Ft Home
- 4-Story Property
- Combination Dining and Living Room
- Storage
- Laminate Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
Schools
- Winston Campus Middle School
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 100 Units
- Larry April Association, Phone Number (773) 313-0025
- Property managed by Rosen Management Services
Amenities
- Party Room
- Laundry Facilities
Recreation
- Community Pool
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2024
Closed on
Oct 2, 2024
Sold by
Sul Richard
Bought by
Kowal Jean
Seller's Agent
George Carlson
Conversion Specialists, Inc
Buyer's Agent
Lisa Prendergast
Keller Williams Success Realty
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%
Views
30
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
$5,854
Avg. Annual Appreciation
2.89%
Original Mortgage
$122,500
Outstanding Balance
$121,742
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$129,191
Purchase Details
Closed on
Aug 4, 2014
Sold by
Petranoff Lisa M and Polerecky Lisa M
Bought by
Sul Richard
Purchase Details
Closed on
Feb 1, 2010
Sold by
Brown Diane M and Berman Donna M
Bought by
Harris Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,529
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 22, 2010
Sold by
Harris Na
Bought by
Polerecky Lisa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,529
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 5, 2009
Sold by
North Star Trust Company
Bought by
Harris Na
Purchase Details
Closed on
Apr 26, 2005
Sold by
Zurawski Irene K
Bought by
Harris Trust & Savings Bank and Trust #Htb1659
Purchase Details
Closed on
Mar 21, 1994
Sold by
Zurawski Irene K and Berman Donna
Bought by
Zurawski Irene K and Berman Donna
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 | $245,000 | First American Title | |
| Warranty Deed | $138,000 | Chicago Title Insurance Co | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Corporate Deed | $104,000 | First American Title | |
| Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $122,500 | New Conventional | |
| Previous Owner | $100,529 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $245,000 | -2.0% | $235 / Sq Ft |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 08/23/2024 08/23/24 | Price Changed | $250,000 | -2.0% | $239 / Sq Ft |
| 08/14/2024 08/14/24 | For Sale | $255,000 | -- | $244 / 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 | $4,611 | $15,324 | $1,094 | $14,230 |
| 2023 | $4,502 | $15,324 | $1,094 | $14,230 |
| 2022 | $4,502 | $15,324 | $1,094 | $14,230 |
| 2021 | $3,787 | $11,254 | $683 | $10,571 |
| 2020 | $3,723 | $11,254 | $683 | $10,571 |
| 2019 | $3,732 | $12,573 | $683 | $11,890 |
| 2018 | $3,033 | $9,338 | $615 | $8,723 |
| 2017 | $2,976 | $9,338 | $615 | $8,723 |
| 2016 | $2,774 | $9,338 | $615 | $8,723 |
| 2015 | $2,991 | $9,285 | $547 | $8,738 |
| 2014 | $2,140 | $9,285 | $547 | $8,738 |
| 2013 | $2,069 | $9,285 | $547 | $8,738 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
George Carlson
Conversion Specialists, Inc
(847) 721-6956
2 in this area
86 Total Sales
-
Buyer's Agent in 2024
Lisa Prendergast
Keller Williams Success Realty
(224) 723-0465
1 in this area
91 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12136580
APN: 02-24-105-025-1077
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