NOT LISTED FOR SALE

405 S Creekside Dr Unit 606 Palatine, IL 60074

Twin Lakes Neighborhood

Estimated Value: $272,000 - $325,000

2 Beds
2 Baths
1,342 Sq Ft
$443/mo HOA Fee

Last Sold March 28, 2024

Last sale price $300,000 $224 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,510/month

2 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • 1 Car Attached Garage
  • Winston Campus Elementary School Rated A-
  • Balcony
  • Soaking Tub

About This Home

As of March 2024

RARE FIND, PRIME LOCATION! EXCEPTIONAL TOP-FLOOR CORNER UNIT BOASTS THE LARGEST FLOOR PLAN IN THE BUILDING! This 2 bed, 2 bath condo offers a spacious and open layout perfect for entertaining! Gourmet kitchen features stainless steel appliances, quality maple cabinets and granite countertops with a breakfast bar that seats four. The dedicated dining area is ideal for hosting, while the expansive living room offers plenty of space for your favorite sectional! Gleaming hardwood floors are highlighted by tons of natural light coming through picturesque windows a big sliding door with direct access to your own balcony. Wonderful primary bedroom with impressive walk-in closet with organizers! Pamper yourself in the ensuite bathroom with a dual sink vanity, spa-like soaking tub and walk-in shower. Second bedroom is generous in size with ample closet space. Well appointed second full bathroom provides extra convenience. Make wash day a breeze with in unit washer/dryer. This condo offers the ultimate in convenience, with an assigned parking spot in the heated garage and a storage unit to keep all of your belongings organized. Enjoy maintenance free living: HOA fees include heat, water, gas, parking, common insurances, exterior maintenance, lawn care, scavenger and snow removal. GREAT LOCATION near Twin Lakes Recreation Area including playground, walking trails, courts, golf course and more! Easy commuting access to Rt. 53. Quick 5 min drive to vibrant downtown Palatine shopping, dining, the Metra and more! Get the best of both towns with a quick 7 min drive to booming downtown Arlington Heights! Now is your perfect opportunity to call this gorgeous condo your home. Welcome home!

Last Agent to Sell the Property

Holly Connors

@properties Christie's International Real Estate License #475141644 Listed on: 02/23/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Penelope Stratigos

Berkshire Hathaway HomeServices Chicago License #475200127

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,567

Year Built

  • Built in 2006

Lot Details

  • 0.38

HOA Fees

  • $443 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,342 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 29 Units
  • Mperial Asset Management Association, Phone Number (866) 673-7425
  • Property managed by Mperial Asset Management
  • 6-Story Property

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,567

Year Built

Built in 2006

Lot Details

0

HOA Fees

$443 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 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: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1342
  • Room Type: Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 1342
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1342
  • Total Sq Ft: 1342
  • Main Level Sq Ft: 1342
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 300000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 443
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Mperial Asset Management
  • Management Contact Name: Mperial Asset Management
  • Management Phone: 866-673-7425
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Winston Campus-Elementary
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus-Junior High
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 4566.97
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 14, 2024
Sold by
Bitzer Patricia A and Bitzer Jon S
Bought by
Georgousis Nikolaos
Seller's Agent
Holly Connors
@properties Christie's International Real Estate
Buyer's Agent
Penelope Stratigos
Berkshire Hathaway HomeServices Chicago
List Price
$300,000
Sold Price
$300,000
Views
85
Current Estimated Value
$307,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,324
Avg. Annual Appreciation
0.46%
Original Mortgage
$315,000
Outstanding Balance
$311,456
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$9,475

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jun 6, 2016
Sold by
Grajdura Kristen A and Hale Pryan
Bought by
Bitzer Jon S and Bitzer Patrcia A
Seller's Agent
Lynn Dion
Dion Property Group LLC
Buyer's Agent
Holly Connors
@properties Christie's International Real Estate
List Price
$200,000
Sold Price
$192,500
Premium/Discount to List
-$7,500
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Mar 7, 2011
Sold by
Marcinek Norma G
Bought by
Grajdura Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Twin Lakes Realty Llc
Bought by
Marcinek Norma G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Georgousis Nikolaos $300,000 Proper Title
Bitzer Jon S $192,500 None Available
Grajdura Kristen A $180,000 None Available
Marcinek Norma G $311,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Georgousis Nikolaos $315,000
Previous Owner Grajdura Kristen A $148,500
Previous Owner Grajdura Kristen A $153,000
Previous Owner Marcinek Norma G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $300,000 0.0% $224 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $300,000 +55.8% $224 / Sq Ft
06/22/2016 06/22/16 Sold $192,500 -3.8% $160 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $200,000 -- $167 / 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 $4,735 $21,703 $401 $21,302
2023 $4,567 $21,703 $401 $21,302
2022 $4,567 $21,703 $401 $21,302
2021 $4,032 $17,976 $233 $17,743
2020 $4,920 $17,976 $233 $17,743
2019 $4,920 $20,005 $233 $19,772
2018 $4,147 $16,202 $217 $15,985
2017 $4,088 $16,202 $217 $15,985
2016 $4,071 $16,202 $217 $15,985
2015 $4,062 $15,236 $200 $15,036
2014 $4,037 $15,236 $200 $15,036
2013 $4,411 $16,822 $200 $16,622
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986216

Midwest Real Estate Data (MRED)

APN: 02-24-106-025-1029