NOT LISTED FOR SALE

Estimated Value: $208,000 - $215,000

2 Beds
2 Baths
1,200 Sq Ft
19.71 Acre Lot

Sale Details

Date Sold: July 15, 2022

Last sale price $155,000 $129 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,549 / mo

4 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Dogs and Cats Allowed
  • Palatine High School Rated A

About This Home

As of July 2022

Large updated first-floor condo in Runaway Bay Condominiums that will check all your boxes. No stairs. Spacious open floorplan. Brand new kitchen with appliances. Freshly painted. New light fixtures and updates throughout. The condo features a large living room that opens to the dining room with sliders to your own patio! Enjoy a brand new kitchen, fan & dishwasher! Both bedrooms are a great size and have tons of closet space. Nicely updated bathrooms with newer vanities, mirror cabinets, and floors. Laminate wood floors throughout. Private patio overlooking the peaceful courtyard. Move-in right in time to enjoy all the amenities the association has to offer, including an outdoor pool, tennis courts, clubhouse, gym, and playground! Low assessment includes water, heat, and cooking gas. Investor-friendly with no cap on rentals! Hurry to see this gem and make your best offer!

Last Agent to Sell the Property

Tonya Trachuk

Core Realty & Investments Inc. License #475192761 Listed on: 05/26/2022

Core Realty & Investments Inc.

Last Buyer's Agent

Jeff Salhani

REMAX Legends License #471020610

REMAX Legends

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,398

Lot Details

  • 19.71

HOA Fees

  • $360 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Daniel Almanza Association, Phone Number (847) 483-9115
  • Property managed by Advantage Management

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,398

Lot Details

19.71 Acres

HOA Fees

$360 per month

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
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 360
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage Management
  • Management Contact Name: Daniel Almanza
  • Management Phone: 847-483-9115
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 19.71
  • 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: 2398
  • Tax Year: 2020

Multi Family

  • Units in Building: 6

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
May 26, 2022
Closed on
Jul 11, 2022
Sold by
You Zhikang and You Ruojun
Bought by
Seller's Agent
Tonya Trachuk
Core Realty & Investments Inc.
Buyer's Agent
Jeff Salhani
REMAX Legends
List Price
$149,000
Sold Price
$155,000
Premium/Discount to List
$6,000
4.03%
Current Estimated Value
$211,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,266
Avg. Annual Appreciation
7.81%
Original Mortgage
$139,500
Outstanding Balance
$132,325
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$78,941

Purchase Details

Closed on
Sep 22, 2010
Sold by
U S Bank Na
Bought by
You Zhikang and Jia Ruojun

Purchase Details

Closed on
Jun 22, 2010
Sold by
Abazi Mefail
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 2, 2005
Sold by
Runaway Bay At Palatine Inc
Bought by
Abazi Mefail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,900
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Virginia Lake, IL

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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
$155,000 Cambridge Land Title
You Zhikang $56,000 Fatic
Us Bank National Association -- None Available
Abazi Mefail $132,000 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 $139,500
Previous Owner Abazi Mefail $32,600
Previous Owner Abazi Mefail $130,400
Closed Abazi Mefail $131,900
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
07/15/2022 07/15/22 Sold $155,000 +4.0% $129 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $149,000 -- $124 / 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 $345 $9,900 $0 $0
2024 $345 $9,882 $990 $8,892
2023 $345 $10,770 $990 $9,780
2022 $346 $9,902 $990 $8,912
2021 $266 $7,906 $990 $6,916
2020 $266 $7,906 $990 $6,916
2019 $268 $7,906 $990 $6,916
2018 $275 $8,140 $0 $0
2017 $596 $14,900 $0 $0
2016 $247 $7,440 $0 $0
2013 -- $7,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11415938

Midwest Real Estate Data (MRED)

APN: 02-12-213-001-1021

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