Seller's Agent in 2022
Jackie Reed
Keller Williams Success Realty
(847) 347-2435
1 in this area
158 Total Sales
500 N Wilke Rd Unit 201 Palatine, IL 60074
Winston Park NeighborhoodEstimated Value: $212,000 - $226,853
2
Beds
2
Baths
1,200
Sq Ft
$344/mo
HOA Fee
Highlights
- Fitness Center
- Landscaped Professionally
- Community Pool
- Palatine High School Rated A
- Bonus Room
- Formal Dining Room
About This Home
As of June 2022Terrific Condo in a GREAT LOCATION & OVERLOOKS COURTYARD (not parking lot)! CONVENIENT to expressways and tollways, minutes to Palatine & Arlington Heights DOWNTOWNS with restaurants, shopping & Metra Train Stations! Lake Louise offers a resort style maintenance free living! Complex has an exercise room (in process of being upgraded), a playground and outdoor pool! Association also includes heat, water, gas, lawn care, snow removal, scavenger and exterior maintenance! This 2 bedroom and 2 bath condo offers NEW paint throughout including walls & ceilings (except living room), NEW blinds, crown moldings throughout PLUS white 6 panel doors & trim! IN-UNIT WASHER & DRYER in master bedroom closet! Kitchen with tall cabinets, black appliances including NEW dishwasher & NEWER refrigerator! Large living room! Dining room with ceiling fan & sliding glass doors that open to the balcony that overlooks the courtyard! Bonus room off of foyer for future office or storage! Master bedroom with wall of closets and a private bathroom with stand up glass shower! Large 2nd bedroom also with closet organizers! Hall bathroom with NEW sink & faucet! There is a dog run, bicycle area, and plenty of parking! Enjoy the Twin Lakes Golf Course & Recreation Area that are close by where you can kayak, paddle boat, golf, picnic or just enjoy! Why go on a vacation when you can do it right here? **MULTIPLE OFFERS RECEIVED! HIGHEST & BEST DUE SUNDAY, 5/8/22 AT 5:00 P.M.**
Last Agent to Sell the Property
Keller Williams Success Realty License #475135154 Listed on: 05/05/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,617
Year Built
- Built in 1970
Lot Details
- 9
HOA Fees
- $344 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,200 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Six Panel Doors
- Entrance Foyer
- Living Room
- Formal Dining Room
- Bonus Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
- Unassigned Parking
Schools
- Lake Louise Elementary School
- Palatine High School
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Baseboard Heating
- Lake Michigan Water
Additional Features
- Balcony
- Landscaped Professionally
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 12 Units
- Kelly Association, Phone Number (708) 449-8486
- Lake Louise Subdivision
- Property managed by T J Adam & Co.
Recreation
- Fitness Center
- Community Pool
- Park
Pet Policy
- Pets up to 150 lbs
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2022
Closed on
Jun 2, 2022
Sold by
Frederick Troy and Frederick Elisabeth
Bought by
Soto Brian J and Soto Magdalena I
Seller's Agent
Jackie Reed
Keller Williams Success Realty
Buyer's Agent
Obdulia Garcia-Bailey
Keller Williams Thrive
List Price
$159,900
Sold Price
$172,000
Premium/Discount to List
$12,100
7.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,808
Avg. Annual Appreciation
7.80%
Original Mortgage
$129,600
Outstanding Balance
$124,163
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$93,895
Purchase Details
Closed on
Oct 11, 2005
Sold by
Lake Louise Development Llc
Bought by
Frederick Troy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,550
Interest Rate
5.89%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Soto Brian J | $172,000 | First American Title | |
| Frederick Troy | $188,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Soto Brian J | $129,600 | |
| Previous Owner | Frederick Troy | $37,550 | |
| Previous Owner | Frederick Troy | $150,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $172,000 | +7.6% | $143 / Sq Ft |
| 05/08/2022 05/08/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $159,900 | -- | $133 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,201 | $14,130 | $2,957 | $11,173 |
| 2023 | $3,067 | $14,130 | $2,957 | $11,173 |
| 2022 | $3,067 | $14,130 | $2,957 | $11,173 |
| 2021 | $2,582 | $11,282 | $1,848 | $9,434 |
| 2020 | $2,617 | $11,282 | $1,848 | $9,434 |
| 2019 | $2,631 | $12,605 | $1,848 | $10,757 |
| 2018 | $1,256 | $7,476 | $1,663 | $5,813 |
| 2017 | $1,250 | $7,476 | $1,663 | $5,813 |
| 2016 | $1,412 | $7,476 | $1,663 | $5,813 |
| 2015 | $1,409 | $7,209 | $1,478 | $5,731 |
| 2014 | $1,409 | $7,209 | $1,478 | $5,731 |
| 2013 | $1,354 | $7,209 | $1,478 | $5,731 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Obdulia Garcia-Bailey
Keller Williams Thrive
(847) 489-7787
2 in this area
77 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11395615
APN: 02-13-202-005-1103
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