NOT LISTED FOR SALE

2500 Bayside Dr Unit 4 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $185,000 - $213,133

2 Beds
2 Baths
1,250 Sq Ft
19.71 Acre Lot

Sale Details

Date Sold: September 27, 2023

Last sale price $150,000 $120 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,768 / mo

9 Days on Market

Highlights

  • Balcony
  • Laundry Room
  • Baseboard Heating
  • Palatine High School Rated A
  • Dining Room
  • Family Room

About This Home

As of September 2023

GREAT INVESTMENT!! TENANT OCCUPIED. BRIGHT UNIT. LARGE LIVING ROOM WITH FIREPLACE! MASTER BEDROOM W/WALK-IN CLOSET. HUGE PRIVATE BALCONY! PETS FRIENDLY. THE ASSOCIATION INCLUDES HEAT - WATER - GAS - POOL, CLUBHOUSE, EXERCISE ROOM AND LAWN CARE. CONVENIENTLY LOCATED TO 53, AND NEARBY SHOPPING & RESTAURANTS!! LONG-TERM TENANTS - WOULD LIKE TO STAY.

Last Agent to Sell the Property

Javier Grajales

Chicagoland Brokers Inc. License #475200699 Listed on: 08/18/2023

Chicagoland Brokers Inc.

Co-Listed By

Yenny Grajales

Chicagoland Brokers, Inc. License #475122822

Last Buyer's Agent

Vijay Jalem

eXp Realty License #475200928

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1980

Lot Details

  • 19.71

HOA Fees

  • $375 Monthly HOA Fees

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Schools

  • Jane Addams Elementary School
  • Winston Campus-Junior High
  • Palatine High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 40 Units
  • Chris Bruno Association, Phone Number (630) 584-0209
  • Low-Rise Community
  • Runaway Bay Subdivision
  • Property managed by PROPERTY MANAGEMENT TECTNIQUES

Amenities

  • Laundry Facilities

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,339

Year Built

Built in 1980

Lot Details

19.71 Acres

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Subdivision Name: Runaway Bay
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1250
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Unassigned, Visitor Parking
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: PROPERTY MANAGEMENT TECTNIQUES
  • Management Contact Name: CHRIS BRUNO
  • Management Phone: 630-584-0209
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus-Junior High

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 1338.78
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 40

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 27, 2023
Sold by
Bought by
Seller's Agent
Javier Grajales
Chicagoland Brokers Inc.
Buyer's Agent
Vijay Jalem
eXp Realty
List Price
$184,500
Sold Price
$150,000
Premium/Discount to List
-$34,500
-18.7%
Views
236
Current Estimated Value
$203,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,533
Avg. Annual Appreciation
11.83%
Original Mortgage
$112,500
Outstanding Balance
$109,997
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$93,536

Purchase Details

Closed on
Jan 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,010
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 None Listed On Document
$133,500 Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $112,500
Previous Owner $20,010
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $150,000 -16.4% $120 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $179,500 -2.7% $144 / Sq Ft
08/18/2023 08/18/23 For Sale $184,500 -- $148 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,547 $16,808 $2,618 $14,190
2024 $3,547 $11,983 $2,205 $9,778
2023 $3,432 $11,983 $2,205 $9,778
2022 $3,432 $11,983 $2,205 $9,778
2021 $2,434 $7,495 $1,378 $6,117
2020 $2,398 $7,495 $1,378 $6,117
2019 $2,402 $8,374 $1,378 $6,996
2018 $1,986 $6,392 $1,240 $5,152
2017 $1,949 $6,392 $1,240 $5,152
2016 $1,812 $6,392 $1,240 $5,152
2015 $1,639 $5,334 $1,102 $4,232
2014 $839 $5,334 $1,102 $4,232
2013 $800 $5,334 $1,102 $4,232
Source: Public Records

Agents Affiliated with this Home

  • Javier Grajales

    Seller's Agent in 2023

    Javier Grajales

    Chicagoland Brokers Inc.

    (773) 988-7176

    2 in this area

    9 Total Sales

    Javier Grajales
    Section Image

  • Y

    Seller Co-Listing Agent in 2023

    Yenny Grajales

    Chicagoland Brokers, Inc.

    (773) 454-4773

    2 in this area

    64 Total Sales

    Yenny Grajales
    Section Image

  • V

    Buyer's Agent in 2023

    Vijay Jalem

    eXp Realty

    (888) 574-9405

    2 in this area

    5 Total Sales

    Vijay Jalem
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11863412

Midwest Real Estate Data (MRED)

APN: 02-12-213-001-1076

Illinois Cook County Palatine 60074 Virginia Lake

2500 Bayside Dr Unit 4, Palatine, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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