NOT LISTED FOR SALE

1259 W Lake St Unit 103 Addison, IL 60101

Estimated Value: $291,000 - $318,000

2 Beds
2 Baths
1,200 Sq Ft
$275/mo HOA Fee

Last Sold July 20, 2022

Last sale price $253,500 $211 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,334/month

2 Days on Market

Highlights

  • Lock-and-Leave Community
  • Elevator
  • 1 Car Attached Garage
  • Covered patio or porch
  • Balcony
  • Living Room

About This Home

As of July 2022

Two bedroom, two bath, bright sunny. Fantastic location. Quick access to entertainment, dining and expressway. Indoor heated garage with 1 space reserved parking. Additional parking lot has ample room for additional cars. Elevator building. Newer Laminate flooring and carpet. Newer Pella sliding glass patio door. This floor plan has an open concept layout and 9 ft ceilings. 42" cabinets allows for ample storage. Also features a breakfast bar and separate dining area. Spacious bedrooms both have walk in closets. Newer HVAC and Water Heater. Well maintained landscaping can be appreciated from a large balcony. Outside storage unit is included. MOVE IN READY

Last Agent to Sell the Property

Jon Tuck

RealtyWorks License #475175777 Listed on: 06/25/2022

Co-Listed By

Pasquale Selvaggio

RealtyWorks License #471008406

Last Buyer's Agent

Jaime Catalano

RE/MAX Destiny License #475183274

RE/MAX Destiny

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 2003

Lot Details

  • 11

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Addison Trail High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • Association fees include insurance, tv/cable, exterior maintenance, lawn care, snow removal
  • 18 Units
  • Michelle Association, Phone Number (630) 351-5600
  • Property managed by Dandre Managment
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,720

Year Built

Built in 2003

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 249900
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 275
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s), Ceiling Fan, Covered Porch, Elevator(s), School Bus
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Dandre Managment
  • Management Contact Name: Michelle
  • Management Phone: 630-351-5600
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Addison Trail High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 3720.24
  • Tax Year: 2021
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Jul 14, 2022
Sold by
Freesmeyer Sherrill F and Freesm Linda
Bought by
Bagnola Carmela
Seller's Agent
Jon Tuck
RealtyWorks
Buyer's Agent
Jaime Catalano
RE/MAX Destiny
List Price
$249,900
Sold Price
$253,500
Premium/Discount to List
$3,600
1.44%
Current Estimated Value
$301,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,788
Avg. Annual Appreciation
6.07%
Original Mortgage
$212,500
Outstanding Balance
$203,837
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$97,451

Purchase Details

Closed on
Apr 21, 2004
Sold by
Freesmeyer Sherrill F and Freesmeyer Linda L
Bought by
Freesmeyer Linda L

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
5.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 1, 2003
Sold by
Freesmeyer Sherrill F and Freesmeyer Linda L
Bought by
Freesmeyer Sherrill F and Freesmeyer Linda L

Purchase Details

Closed on
Oct 7, 2002
Sold by
Lake Lombard Llc
Bought by
Freesmeyer Sherrill and Freesmeyer Linda

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
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Bagnola Carmela $253,500 Naumann Agnello & Associates L
Freesmeyer Linda L -- Ctic
Freesmeyer Sherrill F -- Ctic
Freesmeyer Sherrill F -- --
Freesmeyer Sherrill $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bagnola Carmela $212,500
Previous Owner Freesmeyer Sherrill F $110,000
Previous Owner Freesmeyer Sherrill $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $253,500 +1.4% $211 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $249,900 -- $208 / 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
2023 $4,645 $71,100 $3,520 $67,580
2022 $3,909 $64,070 $3,170 $60,900
2021 $3,720 $61,370 $3,040 $58,330
2020 $3,594 $58,780 $2,910 $55,870
2019 $3,545 $56,520 $2,800 $53,720
2018 $3,372 $52,540 $2,800 $49,740
2017 $3,255 $50,220 $2,680 $47,540
2016 $3,112 $46,360 $2,470 $43,890
2015 $2,975 $42,820 $2,280 $40,540
2014 $2,994 $42,820 $2,280 $40,540
2013 $2,949 $43,700 $2,330 $41,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11446830

Midwest Real Estate Data (MRED)

APN: 03-19-214-021