NOT LISTED FOR SALE

151 E Laurel Ave Unit 201 Lake Forest, IL 60045

Estimated Value: $513,000 - $593,106

2 Beds
2 Baths
1,506 Sq Ft
$675/mo HOA Fee

Last Sold July 14, 2023

Last sale price $442,800 $294 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,335/month

60 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Living Room
  • Sheridan Elementary School Rated A
  • 1 Car Attached Garage
  • Resident Manager or Management On Site

About This Home

As of July 2023

Impeccably maintained corner unit with a southeastern exposure making it very bright and airy. Kitchen features newer cabinets, granite countertops, ceramic floors and eating area with table space. Large living room with hardwood floors and access to a balcony! Dining area attached to the living room. Separate den/office with windows facing east. Large primary bedroom with private bathroom, walk in closet, and two additional closets for added storage. All rooms have custom wood blinds. Laundry room in unit, central air. Underground heated garage, and a private storage room. This building is secured, and very clean! Elevator in building. In town location with easy access to beautiful downtown Lake Forest. Taxes on this unit do not reflect any exemptions. Was used sparingly throughout current ownership.

Last Agent to Sell the Property

David Ayabarreno

RE/MAX Plaza License #475123448 Listed on: 03/22/2023

RE/MAX Plaza

Last Buyer's Agent

Martha May

Berkshire Hathaway HomeServices Chicago License #471000257

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,230

Year Built

  • Built in 1997 | Remodeled in 2012

Lot Details

  • 1,960

HOA Fees

  • $675 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,506 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Lake Forest High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, parking, insurance, lawn care, scavenger, snow removal
  • 24 Units
  • Brian Association, Phone Number (847) 724-7850
  • Property managed by Nimrod

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,230

Year Built

Built in 1997 | Remodeled in 2012

Lot Details

0

HOA Fees

$675 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: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2012

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1506
  • Room Type: Den
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 675
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Nimrod
  • Management Contact Name: Brian
  • Management Phone: 847-724-7850X31
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: Lake Forest High School

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 8230
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jul 14, 2023
Sold by
Ho Benjamin Nan-Kou
Bought by
Busman Jill
Seller's Agent
David Ayabarreno
RE/MAX Plaza
Buyer's Agent
Martha May
Berkshire Hathaway HomeServices Chicago
List Price
$442,800
Sold Price
$442,800
Views
215
Current Estimated Value
$545,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,227
Avg. Annual Appreciation
9.49%
Original Mortgage
$354,240
Outstanding Balance
$345,536
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$199,491

Purchase Details

Closed on
Nov 14, 2011
Sold by
Maxfield Anne C and Burns Mary C
Bought by
Ho Benjamin Nan Kou and Ho Karen Ming Pu

Purchase Details

Closed on
Nov 12, 2011
Sold by
Cordesman Ellsworth A and Maxfield Anne C
Bought by
Maxfield Anne C and Burns Mary C

Purchase Details

Closed on
May 5, 2011
Sold by
Cordesman Ellsworth A
Bought by
Cordesman Ellsworth A and Maxfield Anne C

Purchase Details

Closed on
Dec 3, 2001
Sold by
Amato Sergio L and The Amato Trust
Bought by
Cordesman Ellsworth A and Cordesman Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.52%

Purchase Details

Closed on
Aug 7, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Amato Sergio L and Amato Trust
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
Busman Jill $443,000 Doma Title
Ho Benjamin Nan Kou $240,000 St
Maxfield Anne C -- St
Cordesman Ellsworth A -- None Available
Cordesman Ellsworth A $325,000 First American Title
Amato Sergio L $296,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busman Jill $354,240
Previous Owner Cordesman Ellsworth A $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $442,800 0.0% $294 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $442,800 0.0% $294 / Sq Ft
05/04/2023 05/04/23 Off Market $442,800 -- --
03/22/2023 03/22/23 For Sale $442,800 -- $294 / 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 $9,617 $165,762 $12,232 $153,530
2023 $8,465 $152,804 $11,276 $141,528
2022 $8,465 $140,195 $10,345 $129,850
2021 $8,230 $138,986 $10,256 $128,730
2020 $8,046 $139,755 $10,313 $129,442
2019 $7,644 $137,190 $10,124 $127,066
2018 $6,133 $115,698 $11,090 $104,608
2017 $5,931 $113,764 $10,905 $102,859
2016 $5,692 $108,285 $10,380 $97,905
2015 $5,632 $101,963 $9,774 $92,189
2014 $5,761 $102,590 $12,010 $90,580
2012 $4,155 $103,480 $12,114 $91,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11742635

Midwest Real Estate Data (MRED)

APN: 12-28-307-103