NOT LISTED FOR SALE

1275 W Lake St Unit 102 Addison, IL 60101

Estimated Value: $297,037 - $328,000

2 Beds
2 Baths
1,300 Sq Ft
$283/mo HOA Fee

Last Sold August 26, 2021

Last sale price $235,000 $181 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,338/month

13 Days on Market

Highlights

  • Landscaped Professionally
  • Pond
  • Formal Dining Room
  • Lock-and-Leave Community
  • End Unit
  • Stainless Steel Appliances

About This Home

As of August 2021

Must see this large newly painted 2 bed/ 2 full bath condo with an open floor plan | The kitchen has a breakfast bar, granite counters, newer stainless steel appliances, 42 inch cabinets and a large pantry | Large living room has a gas fireplace with room for the TV above and a private patio for summer grilling | Both large bedrooms have hardwood floors, walk-in closets and direct access to a full bathroom | Big laundry room in the unit has newer side by side washer and dryer with ample storage | Elevator building | Heated attached garage parking included, additional spots outside | Easy access to 355/290/Rte 83 expressways & Metra | Close to multiple restaurants and movie theater

Last Agent to Sell the Property

Vince Keller

Keller Williams Premiere Properties License #475151936 Listed on: 07/18/2021

Keller Williams Premiere Properties

Last Buyer's Agent

Stephanie Curran

Keller Williams Inspire - Geneva License #475181062

Keller Williams Inspire - Geneva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped Professionally
  • Sprinkler System

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Storage
  • Laminate Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Pond
  • Patio

Schools

  • Stone Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,970

Year Built

Built in 2004

Lot Details

0

HOA Fees

$283 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
  • Subdivision Name: Lakeview Place
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1300
  • Other Equipment: Humidifier, Intercom, Fire Sprinklers, Sprinkler-Lawn
  • Room Type: Foyer, Other Room
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 240000
  • Lot Features: Common Grounds, Cul-De-Sac, Fenced Yard, Landscaped, Pond(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Size Limit
  • Association Fee: 283
  • Association Amenities: Elevator(s), Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Dandre
  • Management Contact Name: Dandre
  • Management Phone: 630-351-5600

Fee Information

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

Schools

  • Elementary School: Stone Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 3970
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Marie Mikos Michele
Bought by
Michele M Mikos Living Trust
Current Estimated Value
$310,509

Purchase Details

Listed on
Jul 18, 2021
Closed on
Aug 29, 2021
Sold by
Fakhouri Rema and Farias Rema
Bought by
Mikos Michele Marie
Seller's Agent
Vince Keller
Keller Williams Premiere Properties
Buyer's Agent
Stephanie Curran
Keller Williams Inspire - Geneva
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$188,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Lake Lombard Llc
Bought by
Fakhourr Rema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,050
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Michele M Mikos Living Trust -- Knauf Lisa M
Mikos Michele Marie $235,000 Attorney
Fakhourr Rema $224,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mikos Michele Marie $188,000
Previous Owner Fakhourr Rema $179,050
Closed Fakhourr Rema $22,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $235,000 -2.1% $181 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $240,000 -- $185 / 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 $4,887 $77,343 $3,829 $73,514
2023 $4,645 $71,100 $3,520 $67,580
2022 $4,277 $64,070 $3,170 $60,900
2021 $4,090 $61,370 $3,040 $58,330
2020 $3,970 $58,780 $2,910 $55,870
2019 $3,934 $56,520 $2,800 $53,720
2018 $3,778 $52,540 $2,800 $49,740
2017 $3,670 $50,220 $2,680 $47,540
2016 $3,552 $46,360 $2,470 $43,890
2015 $3,442 $42,820 $2,280 $40,540
2014 $3,464 $42,820 $2,280 $40,540
2013 $3,400 $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: 11160180

Midwest Real Estate Data (MRED)

APN: 03-19-214-110