NOT LISTED FOR SALE

500 N Wilke Rd Unit 205 Palatine, IL 60074

Winston Park Neighborhood

Estimated Value: $169,000 - $191,000

1 Bed
1 Bath
800 Sq Ft
$256/mo HOA Fee

Last Sold July 31, 2020

Last sale price $116,000 $145 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,495/month

15 Days on Market

Highlights

  • Stainless Steel Appliances
  • Balcony
  • Walk-In Closet
  • Palatine High School Rated A
  • Galley Kitchen
  • Breakfast Bar

About This Home

As of July 2020

Great opportunity to own! Conveniently located off of 53 and Rand Road. Beautiful one bedroom, one bathroom, move-in ready condo. Vinyl plank and ceramic tile flooring throughout. Large rooms, including spacious master with large walk-in closet! Kitchen with breakfast bar and stainless steel appliances. In-unit Laundry. Scenic nature trails, parks, and elementary school nearby. Close to Shopping! Enjoy morning coffee on your balcony overlooking picturesque courtyard. Don't Wait, THIS IS THE ONE!!

Last Agent to Sell the Property

Patricia Hannula

Great Western Properties License #475168575 Listed on: 05/22/2020

Last Buyer's Agent

James Erikson

Fulton Grace Realty License #475184022

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,257

Year Built

  • 1970

Lot Details

  • 9

HOA Fees

  • $256 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Laminate Flooring
  • Walk-In Closet
  • Balcony
  • Dog Run

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,257

Year Built

1970

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Interior Property Features: Wood Laminate Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X13, On Level: 2nd Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 8X4, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 10X8, On Level: 2nd Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 10X9, On Level: 2nd Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Galley
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Walk in Closet, Dimensions: 9X7, On Level: 2nd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 800
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Dog Run

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 150
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 256
  • Management Contact Name: MANAGER
  • Management Phone: 847-870-6110

Fee Information

  • Management Company: TJ ADAM & CO

Schools

  • School District: 211
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 02132020051107

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 2

Tax Info

  • Taxes: 741.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 30, 2020
Sold by
Tallis Katherine
Bought by
Krajewski Matthew J
Seller's Agent
Patricia Hannula
Great Western Properties
Buyer's Agent
James Erikson
Fulton Grace Realty
List Price
$120,000
Sold Price
$116,000
Premium/Discount to List
-$4,000
-3.33%
Current Estimated Value
$175,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,315
Avg. Annual Appreciation
8.34%
Original Mortgage
$112,520
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 23, 2018
Sold by
Budzevski Stacy
Bought by
Tallis Katherine
Seller's Agent
Brenna Freskos
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Stefanie Ridolfo
Real Broker LLC
List Price
$115,900
Sold Price
$111,000
Premium/Discount to List
-$4,900
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$107,670
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Lake Louise Development Llc
Bought by
Budzevski Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
5.37%
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
Krajewski Matthew J $116,000 Chicago Title
Tallis Katherine $111,000 Heritage Title Company
Budzevski Stacy $127,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krajewski Matthew J $112,520
Previous Owner Tallis Katherine $107,670
Previous Owner Budzevski Stacy $101,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $116,000 -3.3% $145 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $120,000 +8.1% $150 / Sq Ft
05/25/2018 05/25/18 Sold $111,000 -4.2% $139 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $115,900 -- $145 / 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 $3,257 $11,004 $2,303 $8,701
2023 $3,151 $11,004 $2,303 $8,701
2022 $3,151 $11,004 $2,303 $8,701
2021 $2,853 $8,786 $1,439 $7,347
2020 $1,818 $8,786 $1,439 $7,347
2019 $2,815 $9,816 $1,439 $8,377
2018 $741 $5,821 $1,295 $4,526
2017 $746 $5,821 $1,295 $4,526
2016 $942 $5,821 $1,295 $4,526
2015 $919 $5,614 $1,151 $4,463
2014 $924 $5,614 $1,151 $4,463
2013 $883 $5,614 $1,151 $4,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10722151

Midwest Real Estate Data (MRED)

APN: 02-13-202-005-1107