NOT LISTED FOR SALE

516 N Wilke Rd Unit 206 Palatine, IL 60074

Winston Park Neighborhood

Estimated Value: $206,000 - $222,339

2 Beds
2 Baths
1,200 Sq Ft
$335/mo HOA Fee

Last Sold July 14, 2022

Last sale price $159,900 $133 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,847/month

15 Days on Market

Highlights

  • Living Room
  • Resident Manager or Management On Site
  • Forced Air Heating System
  • Palatine High School Rated A
  • Laundry Room
  • Dining Room

About This Home

As of July 2022

Great Condo in a great location convenient to expressways and tollways minutes to Palatine and Arlington Heights downtown areas. Lake Louise offers maintenance free living; beautiful landscaping has an exercise room outdoor pool and playground area. The condo was just remodeled all new paint carpet flooring kitchen has new 42-inch white cabinets new counter tops and backsplash black appliances that are less than a year old the microwave is brand new; bathrooms have all new vanity tops new tub surrounds new flooring all the light fixtures are all new the bedroom has new 6 panel white doors with lots of closet space. There are 3 air conditioning units in this condo one of the units is brand new, and in unit washer and dryer. All you have to do is move in.

Last Agent to Sell the Property

Carrie Mahoney

Interstate Properties Group, I License #475141021 Listed on: 06/01/2022

Last Buyer's Agent

Galyna Kirylau

Gold & Azen Realty License #475199917

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,508

Year Renovated

  • 2022

Lot Details

  • 9

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

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

Schools

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

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Tom Ragauskis Association, Phone Number (847) 228-7368
  • Property managed by T J ADAM CO

Pet Policy

  • Pets up to 150 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,508

Year Renovated

2022

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2022

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
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 159900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: T J ADAM CO
  • Management Contact Name: Tom Ragauskis
  • Management Phone: 847-228-7368
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 3507.59
  • Tax Year: 2020

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 11, 2022
Sold by
Bonilla Barbara
Bought by
Maksymovych Denys and Puzyr Lesia
Seller's Agent
Carrie Mahoney
Interstate Properties Group, I
Buyer's Agent
Galyna Kirylau
Gold & Azen Realty
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$212,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,523
Avg. Annual Appreciation
9.41%
Original Mortgage
$151,905
Outstanding Balance
$146,494
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$64,224

Purchase Details

Closed on
Oct 28, 2005
Sold by
Lake Louise Development Llc
Bought by
Bonilla Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.98%
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
Maksymovych Denys $160,000 None Listed On Document
Bonilla Barbara A $123,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maksymovych Denys $151,905
Previous Owner Bonilla Barbara A $101,150
Previous Owner Bonilla Barbara A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $159,900 0.0% $133 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $159,900 -- $133 / 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 $4,065 $13,732 $2,874 $10,858
2023 $3,932 $13,732 $2,874 $10,858
2022 $3,932 $13,732 $2,874 $10,858
2021 $3,561 $10,964 $1,796 $9,168
2020 $3,508 $10,964 $1,796 $9,168
2019 $3,513 $12,250 $1,796 $10,454
2018 $2,258 $7,265 $1,616 $5,649
2017 $2,215 $7,265 $1,616 $5,649
2016 $2,060 $7,265 $1,616 $5,649
2015 $2,152 $7,005 $1,436 $5,569
2014 $2,126 $7,005 $1,436 $5,569
2013 $2,072 $7,005 $1,436 $5,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11420196

Midwest Real Estate Data (MRED)

APN: 02-13-202-005-1120