NOT LISTED FOR SALE

516 N Wilke Rd Unit 203 Palatine, IL 60074

Winston Park Neighborhood

Estimated Value: $205,000 - $228,000

2 Beds
2 Baths
1,000 Sq Ft
$317/mo HOA Fee

Last Sold October 23, 2019

Last sale price $135,000 $135 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,795/month

4 Days on Market

Highlights

  • Balcony
  • Galley Kitchen
  • Entrance Foyer
  • Palatine High School Rated A
  • Walk-In Closet
  • Storage Room

About This Home

As of October 2019

Affordable* Updated* Move-In Ready! Welcome home to this spacious second floor Lake Louise two bedroom, two bath condo. Ceramic tile floor in the entry with closet. Large living room with neutral decor and sliding door access to the balcony. Dining room has a ceiling fan with light and leads to to the updated kitchen. 42" maple cabinets with custom glass doors, ceramic tile floor, plenty of counter space and all appliances. Spacious master bedroom suite with dual wall closets, and private full bath with a large vanity and dressing area, and an updated shower with ceramic tile surround and ceramic tile floor. Second bedroom with neutral decor, full wall closet and easy access to the updated full bathroom. Large hallway walk-in closet for additional storage. Bosch washer and dryer in-unit. Exercise room on same floor! Quiet area, community pool, clubhouse, and playground.

Last Agent to Sell the Property

Sue, Ron & David Pickard

RE/MAX Suburban License #471003053 Listed on: 09/20/2019

RE/MAX Suburban

Last Buyer's Agent

Peter Jakal

Baird & Warner License #475166478

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,141

Year Built

  • 1970

Lot Details

  • 9.42

HOA Fees

  • $317 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Entrance Foyer
  • Storage Room

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,141

Year Built

1970

Lot Details

0

HOA Fees

$317 per month

Listing Details

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

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X4, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 9X8, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X8, On Level: 2nd Level, Flooring: Ceramic Tile
  • Kitchen Type: Galley
  • Additional Rooms: Storage, Foyer
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Storage, Dimensions: 6X4, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 8X3, On Level: 2nd Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1000
  • Dining Room Type: L-shaped

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned, Off Street, Visitor Parking
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, 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
  • Common Area Amenities: Exercise Room, Park/Playground, Pool-Outdoors
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 317
  • Management Contact Name: Kelly Weber
  • Management Phone: 847-870-6110

Fee Information

  • Management Company: TJ Adam

Schools

  • School District: 211
  • Elementary School: Lake Louise Elementary School
  • Middle School: Winston Campus-Junior High
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 02132020051117

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 1

Tax Info

  • Taxes: 2300.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Oct 10, 2019
Sold by
Roeser Robert W and Roeser Leane A
Bought by
Sous Victoria S
Seller's Agent
Sue, Ron & David Pickard
RE/MAX Suburban
Buyer's Agent
Peter Jakal
Baird & Warner
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$214,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,522
Avg. Annual Appreciation
7.73%
Original Mortgage
$122,897
Outstanding Balance
$109,252
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$100,705

Purchase Details

Closed on
May 15, 2014
Sold by
Roeser Robert W and Roeser Lenae A
Bought by
Roeser Robert W and Roeser Lenae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Lake Louise Development Llc
Bought by
Roeser Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
6.25%
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
Sous Victoria S $135,000 Precision Title
Roeser Robert W -- Stewart Title
Roeser Robert W $181,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sous Victoria S $122,897
Previous Owner Roeser Robert W $137,000
Previous Owner Roeser Robert $148,000
Previous Owner Roeser Robert W $18,450
Previous Owner Roeser Robert W $148,000
Previous Owner Roeser Robert W $18,450
Previous Owner Roeser Robert W $163,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $135,000 -3.5% $135 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $139,900 -- $140 / 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 $4,141 $13,990 $2,928 $11,062
2023 $4,007 $13,990 $2,928 $11,062
2022 $4,007 $13,990 $2,928 $11,062
2021 $3,628 $11,170 $1,829 $9,341
2020 $3,574 $11,170 $1,829 $9,341
2019 $3,579 $12,480 $1,829 $10,651
2018 $2,300 $7,401 $1,646 $5,755
2017 $2,257 $7,401 $1,646 $5,755
2016 $2,098 $7,401 $1,646 $5,755
2015 $2,193 $7,137 $1,463 $5,674
2014 $2,166 $7,137 $1,463 $5,674
2013 $2,111 $7,137 $1,463 $5,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10525448

Midwest Real Estate Data (MRED)

APN: 02-13-202-005-1117