NOT LISTED FOR SALE

1283 W Lake St Unit 301 Addison, IL 60101

Estimated Value: $330,000 - $370,000

3 Beds
2 Baths
1,876 Sq Ft
$396/mo HOA Fee

Last Sold July 02, 2020

Last sale price $247,500 $132 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,559/month

3 Days on Market

Highlights

  • Bonus Room
  • Property is near a bus stop
  • Southern Exposure
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Lovely Lakeview Place Penthouse for sale. Whether you wish to grow the family, or love your current home but are just plain tired of doing all the yard work, then look no further! This gorgeous Duplex unit is move in ready and features a 3-bed 2-bath on 2 floors of living space! With Elevator in building and an Underground Heated Garage, you will know you made the right choice all year long! All High End Stainless Steel Maytag appliances. Updated flooring! Open-concept foyer with coat closet, dining, kitchen and living room areas. Dining room is spacious for your entertaining needs. Gourmet kitchen with 42" Cabinets giving tons of storage space. Speaking of storage room... Spacious walk-in-closets in the Master Suite and 2nd floor 3rd bedroom. Large balcony Perfect for entertaining, has storage space for chairs and grill as well. Dining room is spacious for your entertaining needs. Spacious master Suite with plenty of sunlight as entire unit is facing directly south. 2nd bedroom on the main floor is just as spacious with its own bathroom connected. Glass door shower and in unit washer and dryer provides all the essentials. Head upstairs which can be used as a loft, 3rd bedroom, office or entertainment area as you desire. Living room with slider to balcony is spacious, bright and airy. Balcony has additional storage closet. Master bedroom suite has a spacious walk-in closet and an updated master bath with tile tub surround including built-in alcove. 2nd bedroom on main floor is just as spacious along with another full bath with large marble shower and flooring along with custom glass enclosure that can be a 2nd master suite. Laundry closet with washer and dryer. Head upstairs to the 2nd floor which can be another bedroom, office or any combination as there are 2 distinct spaces along with a large walk-in closet and a 2nd closet as well. Excellent reserves. Treelined streets and walkways. Have a picnic by the pond, or throw a party under the Gazebo!

Last Agent to Sell the Property

Lucas Augustyn

Pearson Realty Group License #475152885 Listed on: 05/13/2020

Pearson Realty Group

Co-Listed By

MarieShiella Cruz

Pearson Realty Group License #475180846

Last Buyer's Agent

Angela Walker

Angela Walker Homes Real Estate Group License #471004608

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,146

Year Built | Renovated

  • 2003 | 2018

Lot Details

  • 11.49

HOA Fees

  • $396 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Bonus Room

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Southern Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,146

Year Built | Renovated

2003 | 2018

Lot Details

0

HOA Fees

$396 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2003
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Wood Laminate
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Bonus, Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 22X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1876

Exterior Features

  • Exterior Building Type: Brick, Cedar
  • Waterfront: Yes
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 396
  • Management Contact Name: Dandre Management
  • Management Phone: 630-351-5600

Fee Information

  • Management Company: Dandre Management

Schools

  • School District: 88
  • Elementary School: Stone Elementary School
  • Middle School: Indian Trail Junior High School
  • High School: Addison Trail High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0319214157

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Tax Info

  • Taxes: 3267.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Jun 28, 2020
Sold by
Sadiq Naweed and Sadiq Seemeen
Bought by
Moore Angela
Seller's Agent
Lucas Augustyn
Pearson Realty Group
Buyer's Agent
Angela Walker
Angela Walker Homes Real Estate Group
List Price
$247,500
Sold Price
$247,500
Current Estimated Value
$343,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,312
Avg. Annual Appreciation
6.40%
Original Mortgage
$235,125
Outstanding Balance
$211,373
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$132,439

Purchase Details

Closed on
Sep 18, 2017
Sold by
Scheid Jordan P and Scheid Shoshannah J
Bought by
Sadiq Naweed and Sadiq Seemeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2008
Sold by
Scheid Jonathan Jo and Scheid Shoshannah S
Bought by
Scheid Shoshannah Jo and Scheid Jordan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2004
Sold by
Lake Lombard Llc
Bought by
Scheid Jonathan J and Scheid Shoshannah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,440
Interest Rate
5.87%
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
Moore Angela $247,500 Chicago Title
Sadiq Naweed $205,000 Fidelity National Title
Scheid Shoshannah Jo -- Ticor Title
Scheid Jonathan J $229,500 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Angela $235,125
Previous Owner Sadiq Naweed $194,750
Previous Owner Scheid Shoshannah Jo $196,000
Previous Owner Scheid Jonathan J $183,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $247,500 0.0% $132 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $247,500 -- $132 / 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 $4,146 $66,824 $3,329 $63,495
2023 $3,933 $61,430 $3,060 $58,370
2022 $3,636 $55,370 $2,760 $52,610
2021 $3,474 $53,030 $2,640 $50,390
2020 $3,369 $50,800 $2,530 $48,270
2019 $3,336 $48,840 $2,430 $46,410
2018 $3,198 $45,400 $2,430 $42,970
2017 $3,104 $43,390 $2,320 $41,070
2016 $2,998 $40,060 $2,140 $37,920
2015 $2,899 $37,010 $1,980 $35,030
2014 $2,918 $37,010 $1,980 $35,030
2013 $2,864 $37,760 $2,020 $35,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10713948

Midwest Real Estate Data (MRED)

APN: 03-19-214-157