NOT LISTED FOR SALE

405 S Creekside Dr Unit 604 Palatine, IL 60074

Twin Lakes Neighborhood

Estimated Value: $249,000 - $306,000

2 Beds
2 Baths
1,300 Sq Ft
$350/mo HOA Fee

Last Sold April 24, 2020

Last sale price $180,000 $138 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,219/month

139 Days on Market

Highlights

  • Water Views
  • Mature Trees
  • Wood Flooring
  • Winston Campus Elementary School Rated A-
  • Property is near a park
  • Main Floor Bedroom

About This Home

As of April 2020

Fabulous TOP FLOOR condo unit with 2 BALCONIES in great residential location near Twin Lakes Recreation Area. Bright Kitchen has a SKYLIGHT and many 2-year NEW features: Refrigerator, Microwave, Dishwasher and Disposal. Plus granite counters, built-in breakfast bar and pantry closet. Large Living room/Dining room has hardwood floors and a private Balcony. Master Bedroom has NEWER hardwood floor under the 2-year NEW neutral carpet and also has a private Balcony overlooking the nearby lake, plus a lrg. walk-in closet and private Master Bath. 2nd Bedroom has full Hall Bath. Both bathrooms have neutral ceramic tile flooring. Ceiling fans with lighting and 3 wall decor sconces. In-Unit Laundry room has stacked washer/dryer and shelving. Private locked storage room on 2nd floor - 2nd door to left of elevator (Door #3 is the storage space for condo #604). Heated Garage space #5 is to the left of the Lobby garage door - CLOSEST SPACE! Easy access to Hwy. 53, Metra station, Arlington Park Race Track and Woodfield Mall. Totally delightful and bright condo. Located next to tennis courts and children's play equipment area.

Last Agent to Sell the Property

Marilyn Krumin

Baird & Warner License #471004995 Listed on: 10/21/2019

Baird & Warner

Last Buyer's Agent

Gergana Todorova

Baird & Warner License #475161919

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,286

Year Built

  • Built in 2008

Lot Details

  • 0.38

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Skylights
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Mature Trees
  • Property is near a park

Community Details

Overview

  • Association fees include water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 29 Units
  • Message Association, Phone Number (847) 757-7171
  • Top Floor 2 Balconies
  • Property managed by Mperial Asset Mgt.
  • 6-Story Property

Amenities

  • Common Area
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,286

Year Built

Built in 2008

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Accessibility Features: Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 185000
  • Lot Features: Common Grounds, Park Adjacent, Water View, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 350
  • Association Amenities: Elevator(s), Storage, Park, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: Mperial Asset Mgt.
  • Management Contact Name: Message
  • Management Phone: 847-757-7171
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1300
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4286.2
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Apr 22, 2020
Sold by
Patricia Svec
Bought by
Milen Borisov
Seller's Agent
Marilyn Krumin
Baird & Warner
Buyer's Agent
Gergana Todorova
Baird & Warner
List Price
$203,500
Sold Price
$180,000
Premium/Discount to List
-$23,500
-11.55%
Current Estimated Value
$275,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,320
Avg. Annual Appreciation
7.94%
Original Mortgage
$171,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Rivera Mary Ann
Bought by
Svec Patricia

Purchase Details

Closed on
Mar 9, 2006
Sold by
Twin Lakes Realty Llc
Bought by
Rivera Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Milen Borisov $180,000 Baird & Warner Ttl Svcs Inc
Svec Patricia $190,000 First American Title
Rivera Mary Ann $256,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milen Borisov $171,000
Previous Owner Rivera Mary Ann $138,500
Previous Owner Rivera Mary Ann $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $180,000 -2.7% $138 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $185,000 -3.9% $142 / Sq Ft
02/13/2020 02/13/20 Price Changed $192,500 -2.7% $148 / Sq Ft
01/27/2020 01/27/20 Price Changed $197,900 -2.8% $152 / Sq Ft
10/21/2019 10/21/19 For Sale $203,500 -- $157 / 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 $4,423 $18,014 $333 $17,681
2023 $4,287 $18,014 $333 $17,681
2022 $4,287 $18,014 $333 $17,681
2021 $3,901 $14,921 $194 $14,727
2020 $4,936 $14,921 $194 $14,727
2019 $4,928 $16,605 $194 $16,411
2018 $4,368 $13,448 $180 $13,268
2017 $4,286 $13,448 $180 $13,268
2016 $2,092 $13,448 $180 $13,268
2015 $2,383 $12,646 $166 $12,480
2014 $2,393 $12,646 $166 $12,480
2013 $3,318 $15,935 $166 $15,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10553247

Midwest Real Estate Data (MRED)

APN: 02-24-106-025-1027