NOT LISTED FOR SALE

Wellington at Adler Park 1479 N Milwaukee Ave Unit 307 Libertyville, IL 60048

Estimated Value: $397,000 - $476,000

2 Beds
2 Baths
1,799 Sq Ft
$456/mo HOA Fee

Last Sold July 07, 2022

Last sale price $325,000 $181 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,409/month

49 Days on Market

Highlights

  • Open Floorplan
  • Lock-and-Leave Community
  • Whirlpool Bathtub
  • Adler Park School Rated A
  • Property is near a park
  • Granite Countertops

About This Home

As of July 2022

Rare available largest unit (1799 sq. ft) with 2 bedroom plus den 2 bath in Wellington at Adler Park. Elevator building. Sun drenched south facing unit. Exceptional modern open floor plan and desirable split floor plan. Chef's kitchen features upgraded Cherry cabinets, granite counter tops and back splash and stainless steel appliances. Primary bedroom with en-suite bath has double sinks, whirlpool tub, separate shower and large walk-in closets. Den perfect for play area or home office. Great balcony with tree-top views. In-unit laundry room with storage. Assoc Fee includes Heat, Water, Gas & Scavenger. Plenty of guest parking in addition to one space in heated garage and one exterior assigned parking. Excellent location across from Adler Park with access to outdoor pool, bike/walking paths, lake, picnic pavilion, cross country skiing, sled hill and more. Near Independence Grove and vibrant downtown Libertyville with all it has to offer including restaurants, pubs, shops, Metra train station and I-94. Enjoy a maintenance-free lifestyle.

Last Agent to Sell the Property

Julie Sine

Coldwell Banker Realty License #475126405 Listed on: 04/20/2022

Coldwell Banker Realty

Last Buyer's Agent

Marco Amidei

RE/MAX Suburban License #475101568

RE/MAX Suburban

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 2004

Lot Details

  • 44

HOA Fees

  • $456 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,799 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Schools

  • Adler Park Elementary School
  • Highland Middle School
  • Libertyville High School

Utilities

  • Central Air
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 51 Units
  • Jeff Benham Association, Phone Number (847) 281-3167
  • Property managed by Wellington at Adler Park Condo Assoc
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,219

Year Built

Built in 2004

Lot Details

0

HOA Fees

$456 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: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Granite Counters
  • LivingArea: 1799
  • Other Equipment: Security System
  • Room Type: Den, Foyer, Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Park Adjacent
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Radiant
  • Laundry Features: In Unit, Laundry Closet, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 456
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Wellington at Adler Park Condo Assoc
  • Management Contact Name: Jeff Benham
  • Management Phone: 847-281-3167
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Adler Park School
  • High School: Libertyville High School
  • Middle/Junior School: Highland Middle School

Lot Info

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

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 6219.12
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 15, 2022
Sold by
Park Francisco A
Bought by
Smith Jeannie R
Seller's Agent
Julie Sine
Coldwell Banker Realty
Buyer's Agent
Marco Amidei
RE/MAX Suburban
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$425,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,843
Avg. Annual Appreciation
8.38%
Original Mortgage
$260,000
Outstanding Balance
$247,087
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$178,756

Purchase Details

Closed on
Apr 18, 2005
Sold by
Adler Park Development Co Llc
Bought by
Park Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Smith Jeannie R $325,000 Precision Title
Park Francisco A $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jeannie R $260,000
Previous Owner Park Francisco A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $325,000 -3.0% $181 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $334,900 -4.3% $186 / Sq Ft
04/20/2022 04/20/22 For Sale $349,900 -- $194 / 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 $8,513 $114,609 $35,833 $78,776
2023 $6,721 $105,708 $33,050 $72,658
2022 $6,721 $90,040 $31,768 $58,272
2021 $6,466 $88,102 $31,084 $57,018
2020 $6,219 $86,620 $30,561 $56,059
2019 $6,789 $95,328 $33,633 $61,695
2018 $6,727 $96,328 $35,385 $60,943
2017 $6,537 $93,287 $34,268 $59,019
2016 $6,310 $88,449 $32,491 $55,958
2015 $6,239 $82,670 $30,368 $52,302
2014 $5,456 $72,821 $26,751 $46,070
2012 $5,837 $73,453 $26,983 $46,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11379753

Midwest Real Estate Data (MRED)

APN: 11-09-300-204