$192,000 - $212,554
RENTED MAY 24, 2025
2 Beds
2 Baths
1,132 Sq Ft
1980 Built

Last Sold July 23, 2019

Last sale price $127,500 $113 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,406/month

Highlights

  • Fitness Center
  • In Ground Pool
  • Formal Dining Room
  • Palatine High School Rated A
  • Tennis Courts
  • Balcony

About This Home

As of May 2025

Second floor two bed, two bath condo in Runaway Bay of Palatine. Laminate floors throughout and brand new patio door to be installed before move-in. Kitchen features plenty of cabinet space and stainless steel appliances. Wood burning fireplace in the living room. The primary suite has his and her closets and en-suite bath. Second bedroom is a good size with ample closet space. Tenant only pays electric, internet and cable. All other utilities included. Enjoy neighborhood amenities such as an outdoor swimming pool, tennis court, club house, exercise room and walking path. Convenient location just off 53 and close to nearby restaurants and shopping.

Last Agent to Rent the Property

Allyson Campbell

Compass License #475169046 Listed on: 05/09/2025

Compass

Last Renter's Agent

Non Member

NON MEMBER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,547

Year Built

  • 1980

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,132 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring
  • Intercom
  • Laundry Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Security Deposit $1,700
  • Property Available on 5/1/25
  • Rent includes gas, heat, water, parking, pool, scavenger, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 4 Units
  • Daniel Almanza Association, Phone Number (847) 483-9115
  • Runaway Bay Subdivision
  • Property managed by Advantage Management

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,547

Year Built

1980

Lot Details

0

Rental Info

  • Available Date: 2025-05-01
  • Lease Term: 12 Months
  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Rental Price: 1700
  • Security Deposit: 1700
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Refundable Damage Deposit
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • EntryLevel: 2
  • Property Attached: Yes
  • Property Sub-Type: Condo
  • Subdivision Name: Runaway Bay
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built (Public Record): 1980

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Laminate
  • LivingArea: 1132
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1132
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1132
  • Fireplace Location: Living Room
  • Total Sq Ft: 1132
  • Main Level Sq Ft: 1132
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 1700
  • Pool Features: In Ground
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Off Street, On Site, Other
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Exercise Room, Pool, Tennis Court(s)
  • Rent Includes: Gas, Heat, Water, Parking, Pool, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager On-site,Monday through Friday
  • Management Company: Advantage Management
  • Management Contact Name: Daniel Almanza
  • Management Phone: 847-483-9115

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Jul 8, 2019
Sold by
Ann D Mello James and Mello Ann D
Bought by
Patel Avinash J
Seller's Agent
Vasi Koufis
@properties Christie's International Real Estate
Buyer's Agent
Julia Schifrin
Keller Williams North Shore West
List Price
$133,000
Sold Price
$127,500
Premium/Discount to List
-$5,500
-4.14%
Total Days on Market
14
Current Estimated Value
$204,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,639
Avg. Annual Appreciation
7.64%
Original Mortgage
$76,500
Outstanding Balance
$67,534
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$132,487

Purchase Details

Closed on
May 28, 2008
Sold by
Ufir Marek
Bought by
Dmello James and Dmello Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,344
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2006
Sold by
Ufir Marek
Bought by
Ufir Marek and Matuszewski Ryszard

Purchase Details

Closed on
Nov 30, 2005
Sold by
Runaway Bay At Palatine Inc
Bought by
Ufir Marek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
6.87%
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 Avinash J $127,500 Attorney
Dmello James $139,500 Horizon View Title Inc
Ufir Marek -- None Available
Ufir Marek $126,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Avinash J $76,500
Previous Owner Ann D Mello James $124,602
Previous Owner Dmello James $136,416
Previous Owner Dmello James $137,344
Previous Owner Ufir Marek $129,000
Previous Owner Ufir Marek $100,700
Previous Owner Ufir Marek $25,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 Rented $1,700 0.0% --
05/22/2025 05/22/25 Off Market $1,700 -- --
05/09/2025 05/09/25 For Rent $1,700 0.0% --
07/23/2019 07/23/19 Sold $127,500 -4.1% $113 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $133,000 -- $117 / 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 $1,418 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12354558

Midwest Real Estate Data (MRED)

APN: 02-12-213-001-1100