NOT LISTED FOR SALE

Estimated Value: $533,000 - $651,000

3 Beds
2 Baths
1,600 Sq Ft
$1,408/mo HOA Fee

Last Sold December 15, 2020

Last sale price $423,000 $264 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,289/month

1 Day on Market

Highlights

  • Doorman
  • Lake Front
  • Heated Driveway
  • Central Elementary School Rated A
  • Beach
  • 4-minute walk to Langdon Park

About This Home

As of December 2020

Peace and Tranquility. This exceptional 5th-floor lakefront corner unit offers unobstructed views of Lake Michigan, and 2 levels of luxurious living space creating your personal retreat. Completely updated and opened floor plan in 2006- this home features an chef's Kitchen with granite counters and beautiful creme cabinetry and flows perfectly into the spectacular Living Room and Dining Room + Balcony with amazing views. The Master Suite includes spa-like Master Bath and plenty of custom storage. Radiant heat in ceilings too. Stainless refrigerator new in 2019, cooktop and dishwasher in 2017. 3rd bedroom with custom french doors could be a den or office! All doors replaced, custom built-ins in 2nd bedroom as well. And, 1500 Sheridan offers impressive amenities including doorman, lovely lobby, elevators, on-site manager, engineer, fitness center, outdoor pool, party room + storage, 2 heated parking spaces. Convenient location close to parks including Gillson Beach, public transportation, shopping (directly across from Plaza del Lago including grocery store, pharmacy and Starbucks) in award winning school districts... Welcome home!

Last Listed By

Missy Jerfita

Compass License #475126282 Listed on: 11/11/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,566

Year Built

  • 1970

Lot Details

  • Lake Front
  • End Unit
  • East or West Exposure

HOA Fees

  • $1,408 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Location

  • Property is near a park
  • Property is near a bus stop

Utilities

  • Zoned Heating and Cooling
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Individual Controls for Heating
  • Radiant Heating System
  • Lake Michigan Water
  • Overhead Sewers

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Amenities

  • Doorman
  • Common Area
  • Lobby

Recreation

  • Beach

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,566

Year Built

1970

Lot Details

0

HOA Fees

$1,408 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Unit Floor Level: 6
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10
  • Year Built: 1970

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Open Floorplan, Doorman, Granite Counters, Lobby
  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Ceiling Fan
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X3, On Level: 2nd Level
  • Dining Room: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 10X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1600
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: E (East), Lake/Water, Park

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Brick, Heated
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: 3+ (Window/Wall Unit), Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Storm, Overhead Sewers
  • Heating Fuel: Electric, Radiant, Indv Controls, Zoned

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Sunday
  • Pet Information: No Pets
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Sauna, Security Door Locks, Inground Pool, Water View
  • Assessment Includes: Water, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 1408
  • Management Contact Name: Marcy Teter
  • Management Phone: 847-256-4356

Fee Information

  • Management Company: Chicagoland Community Management

Schools

  • School District: 203
  • Elementary School: Central Elementary School
  • Middle School: Wilmette Junior High School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Beach, Common Grounds, Lake Front, Water View
  • Parcel Identification Number: 05272000551064

Multi Family

  • Total Number Unitsin Building: 108
  • Number Stories: 10

Tax Info

  • Taxes: 8098.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 15, 2020
Sold by
Basil Lawrence P and Basil Lawrence P
Bought by
Tyllas Michael A and Tyllas Michael A
Seller's Agent
Missy Jerfita
Compass
Buyer's Agent
Mary Grant
@properties Christie's International Real Estate
List Price
$429,000
Sold Price
$423,000
Premium/Discount to List
-$6,000
-1.4%
Total Days on Market
1
Current Estimated Value
$586,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,282
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Jul 5, 2005
Sold by
Reichert Barbara Mcelroy and John M Reichert Trust
Bought by
Declarat Basil Lawrence P and Declarat Lawrence P Basil Self

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

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
Tyllas Michael A $423,000 Chicago Title Insurance Co
Declarat Basil Lawrence P $445,000 Fort Dearborn Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basil Lawrence P $334,605
Previous Owner Basil Lawrence P $417,000
Previous Owner Basil Lawrence P $417,000
Previous Owner Basil Lawrence P $145,500
Previous Owner Basil Lawrence P $435,000
Previous Owner Basil Lawrence P $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $423,000 -1.4% $264 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $429,000 -- $268 / 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 $7,566 $41,386 $4,782 $36,604
2023 $7,566 $41,386 $4,782 $36,604
2022 $7,566 $41,386 $4,782 $36,604
2021 $7,986 $36,736 $6,262 $30,474
2020 $9,108 $41,225 $6,262 $34,963
2019 $8,098 $41,673 $6,262 $35,411
2018 $6,318 $32,742 $5,009 $27,733
2017 $6,169 $32,742 $5,009 $27,733
2016 $6,186 $32,742 $5,009 $27,733
2015 $5,928 $28,376 $4,554 $23,822
2014 $6,305 $28,376 $4,554 $23,822
2013 $6,007 $28,376 $4,554 $23,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10930646

Midwest Real Estate Data (MRED)

APN: 05-27-200-055-1064