$199,500
SOLD JUN 3, 2016

1283 W Lake St Unit 305 Addison, IL 60101

3 Beds
3 Baths
1,800 Sq Ft
$364/mo HOA Fee

Recently Sold

$111 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • Main Floor Bedroom
  • Walk-In Pantry
  • Breakfast Bar
  • Loft
  • Attached Garage
  • Bathroom on Main Level

About This Home

As of August 2022

Enormous 2-story PRESTIGIOUS PENTHOUSE CONDO! This 1,876 square foot Home Sparkles w/an Open Floor Plan! Gourmet Kitchen w/42" Brazilian Cherry Cabinets, Bkfst Bar & Pantry. hardwood floors! high end stainless steel appliances! Bright, Open, & Spacious! Washer/Dryer & Extra Storage. Heated Garage! Near Shops, Dining, Schools, expressways and train... Hurry!

Last Agent to Sell the Property

Angie Corcione

Fulton Grace Realty License #471008538 Listed on: 03/30/2016

Fulton Grace Realty

Co-Listed By

Giuseppe Battista

Fulton Grace Realty License #475138121

Last Buyer's Agent

Mary Bremer

RE/MAX Suburban License #475131169

RE/MAX Suburban

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,505

Year Built

  • 2003

HOA Fees

  • $364 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Loft
  • 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

$4,505

Year Built

2003

Lot Details

0

HOA Fees

$364 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Interior Property Features: Elevator, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Dish, Intercom, Fire Sprinklers, Ceiling Fan
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X3, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 09X09, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Loft, Dimensions: 13X7, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 22X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1800
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Elevator, On Site Manager/Engineer, Security Door Locks, Service Elevator
  • Assessment Includes: Parking, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 364
  • Management Contact Name: van guard
  • Management Phone: 630-555-5555

Fee Information

  • Management Company: van guard

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: 0319214161

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 2

Tax Info

  • Taxes: 3738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 29, 2022
Sold by
Declaration Of Trust
Bought by
Sas Living Trust
Seller's Agent
Alan Lau
Baird & Warner
Buyer's Agent
Joyce Fedele
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$352,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,957
Avg. Annual Appreciation
5.53%

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jun 2, 2016
Sold by
Liberio Frank D
Bought by
Sunich Mary A and Trust #101
Seller's Agent
Angie Corcione
Fulton Grace Realty
Buyer's Agent
Mary Bremer
RE/MAX Suburban
List Price
$209,000
Sold Price
$199,500
Premium/Discount to List
-$9,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Oct 16, 2008
Sold by
Liberio Frank
Bought by
Liberio Frank D and Frank D Liberio Trust

Purchase Details

Closed on
Dec 27, 2006
Sold by
Heick Steven and Heick Ariana
Bought by
Liberio Frank

Purchase Details

Closed on
Jul 19, 2004
Sold by
Lake Lombard Llc
Bought by
Heick Steven and Heick Ariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 First American Title
Warranty Deed $199,500 Old Republic Title
Interfamily Deed Transfer -- None Available
Warranty Deed $247,000 C T I C Dupage
Warranty Deed $232,500 Ctic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $174,000 Purchase Money Mortgage
Closed $33,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $300,000 -7.7% $160 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $325,000 +62.9% $173 / Sq Ft
06/03/2016 06/03/16 Sold $199,500 -4.5% $111 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $209,000 -- $116 / 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 $4,505 $77,200 $3,730 $73,470
2022 $4,683 $69,580 $3,360 $66,220
2021 $4,312 $66,650 $3,220 $63,430
2020 $4,350 $63,840 $3,080 $60,760
2019 $4,312 $61,380 $2,960 $58,420
2018 $4,144 $57,050 $2,960 $54,090
2017 $4,028 $54,530 $2,830 $51,700
2016 $2,215 $50,340 $2,610 $47,730
2015 $4,347 $46,500 $2,410 $44,090
2014 $3,811 $46,500 $2,410 $44,090
2013 $3,738 $47,450 $2,460 $44,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09180009

Midwest Real Estate Data (MRED)

APN: 03-19-214-161