NOT LISTED FOR SALE

2700 Bayside Dr Unit 1 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $156,000 - $214,000

2 Beds
2 Baths
1,150 Sq Ft
$359/mo HOA Fee

Last Sold May 07, 2021

Last sale price $123,000 $107 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,707/month

1 Day on Market

Highlights

  • Water Views
  • Pond
  • Breakfast Bar
  • Palatine High School Rated A
  • End Unit
  • Baseboard Heating

About This Home

As of May 2021

AMAZING OPPORTUNITY TO OWN THIS BEAUTIFUL SUNNY CONDO IN HIGHLY DESIRABLE COMPLEX. LIVE HERE OR PURCHASE AS AN INVESTMENT PROPERTY. EASY TO RENT. THIS UNIT OFFERS LAMINATE FLOORS THROUGHOUT, 2 BEDS/2 BATHS. PATIO FACING THE POND.AMENITIES: BIKE STORAGE ROOM. POOL,CLUB HOUSE,EXERCISE ROOM, TENNIS, WALKING PATH, PLAY GROUNDS. CLOSE TO: I-90, I-53,WOODFIELD MALL. THIS LOCATION AND UNIT ARE A TRUE GEN. COME SEE IT TODAY!!! TENANT OCCUPIED UNTIL 4/30.

Last Agent to Sell the Property

Daniela Ivanov

Relyant Realty Group License #471022815 Listed on: 03/14/2021

Relyant Realty Group

Last Buyer's Agent

Brijesh Patel

Coldwell Banker Realty License #475163398

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,547

Year Built

  • 1974

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $359 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • Parking Available
  • Visitor Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water
  • Shared Septic

Additional Features

  • Water Views
  • Primary Bathroom is a Full Bathroom
  • Pond

Listing and Financial Details

  • $1,500 Seller Concession

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,547

Year Built

1974

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1974
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Disposal
  • Equipment: Intercom, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X09, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1150
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Exterior Property Features: End Unit
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned, Visitor Parking
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Septic-Shared
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Exercise Room, Storage, Pool-Outdoors, Tennis Court/s
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 359
  • Management Contact Name: Manager
  • Management Phone: 847-483-9115

Fee Information

  • Management Company: Runaway Bay

Schools

  • School District: 211
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Pond, Water View
  • Parcel Identification Number: 02122130011085

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 1

Tax Info

  • Taxes: 2401.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Apr 22, 2021
Sold by
Gostsev Vladimir and Gostsev Katya
Bought by
Patel Hardikkumar
Seller's Agent
Daniela Ivanov
Relyant Realty Group
Buyer's Agent
Brijesh Patel
Coldwell Banker Realty
List Price
$124,900
Sold Price
$123,000
Premium/Discount to List
-$1,900
-1.52%
Current Estimated Value
$197,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,390
Avg. Annual Appreciation
11.99%
Original Mortgage
$92,250
Outstanding Balance
$70,003
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$131,495

Purchase Details

Closed on
Jan 24, 2007
Sold by
Miteva Stanka
Bought by
Gotsev Vladimir and Gotseva Katya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 11, 2006
Sold by
Miteva Stanka
Bought by
Gotsev Vladimir

Purchase Details

Closed on
Feb 22, 2006
Sold by
Runaway Bay At Palatine Inc
Bought by
Miteva Stanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,460
Interest Rate
9.42%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Patel Hardikkumar $123,000 Atlas Title & Escrow
Gotsev Vladimir -- Charter Title Llc
Gotsev Vladimir -- None Available
Miteva Stanka $129,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hardikkumar $92,250
Previous Owner Gotsev Vladimir $123,400
Previous Owner Gotsev Vladimir $132,000
Previous Owner Miteva Stanka $116,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $123,000 -1.5% $107 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $124,900 -- $109 / Sq Ft
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 $3,547 $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 $919 $6,392 $1,240 $5,152
2017 $920 $6,392 $1,240 $5,152
2016 $1,104 $6,392 $1,240 $5,152
2015 $833 $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

  • Daniela Ivanov

    Seller's Agent in 2021

    Daniela Ivanov

    Relyant Realty Group

    (773) 814-8485

    2 in this area

    24 Total Sales

    Daniela Ivanov
    Section Image
  • Brijesh Patel

    Buyer's Agent in 2021

    Brijesh Patel

    Coldwell Banker Realty

    (773) 946-1437

    1 in this area

    59 Total Sales

    Brijesh Patel
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11020531

Midwest Real Estate Data (MRED)

APN: 02-12-213-001-1085

Illinois Cook County Palatine 60074 Virginia Lake

2700 Bayside Dr Unit 1, Palatine, IL

This home is located at 2700 Bayside Dr Unit 1, Palatine, IL 60074 since 14 March 2021 and is currently estimated at $197,390, approximately $171 per square foot. This property was built in 1974. 2700 Bayside Dr Unit 1 is a home located in Cook County with nearby schools including Jane Addams Elementary School, Palatine High School, and Bright Horizons At Motorola-Arlington Hts.

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.

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