NOT LISTED FOR SALE

Estimated Value: $415,000 - $594,000

2 Beds
2 Baths
1,600 Sq Ft
$1,482/ mo HOA Fee

Last Sold February 06, 2024

Last sale price $388,800 $243 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,443/month

Highlights

  • Lake Front
  • Beach Access
  • In Ground Pool
  • Central Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Langdon Park

About This Home

As of February 2024

Absolutely stunning Lake views from every angle in this desirable condo at 1616 Sheridan road. This condo is a spacious 1600 sqft 2 bedroom / 2 bathroom condo that starts as you enter it's beautiful and spacious foyer. The living space is massive with a living room that is 25ft x 17ft and a dining room that's adjacent to it that's 14ft x10ft. The condo has 2 large bedrooms, the primary bedroom is 18ft x 13ft and the 2nd bedroom is a generous size as well at 15ft x 12ft. The property has a great multi-season porch that is just steps away from the dining room and lends itself to amazing views while dining! The amenities are as follows: Your own Private Beach, Lakefront Terrace with a spectacular dining area, is Swimming Pool with Incredible views, 24-hour Valet parking, Party room, a Guest suite, and on site management. The property also has had a ton of improvements including The Lobby, The Hallway renovation, Elevator Upgrade, Balcony Updates. FYI: The owner is not naive to the fact that the condo needs updating and the owners have currently purchased ALL new windows that will convey with the property and will be delivered and installed with weather permitting Spring 2024. The building is is extremely well-managed and has very strong reserves over 2 million dollars. The location is incredible as it's just across from Plaza Del Lago with all the shopping and restaurants near by... Indoor leased parking available for ($135.00 monthly ) and outdoor parking leased for ($60.00) per month is limited but still available. **Washers and Dryers can be installed in this unit as well.**

Last Agent to Sell the Property

David Mishel

Real Broker LLC License #475159283 Listed on: 01/06/2024

Last Buyer's Agent

Hannah Burque

Compass License #475208653

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,537

Year Built

  • Built in 1967

Lot Details

  • Landscaped Professionally

HOA Fees

  • $1,482 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Driveway

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • Open Floorplan
  • Bookcases
  • Double Pane Windows
  • Replacement Windows
  • Insulated Windows
  • Panel Doors
  • Center Hall Plan
  • Formal Dining Room
  • Storage
  • Partially Carpeted
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Access To Lake
  • Balcony
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near bus stop

Schools

  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, security, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights, internet
  • 82 Units
  • Lock-and-Leave Community
  • 10-Story Property

Amenities

  • Sundeck
  • Picnic Area
  • Party Room
  • Coin Laundry
  • Service Elevator
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,537

Year Built

Built in 1967

Lot Details

2.19 Acres

HOA Fees

$1,482 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage, Walk-In Closet(s), Bookcases, Center Hall Plan, Open Floorplan, Some Carpeting, Separate Dining Room, Replacement Windows
  • LivingArea: 1600
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Door Features: Panel Door(s)
  • Window Features: Double Pane Windows,Insulated Windows

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Storms/Screens, Outdoor Grill, Cable Access
  • Foundation Details: Concrete Perimeter
  • Lot Features: Beach, Lake Front, Landscaped, Water View, Lake Access, Sidewalks, Streetlights
  • OtherStructures: Storage
  • Roof: Tar and Gravel
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 1482
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Security Door Lock(s), Service Elevator(s), Intercom, Public Bus, Picnic Area, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Security, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights, Internet

Schools

  • High School: New Trier Twp H.S. Northfield/Wi

Lot Info

  • Lot Dimensions: 250X100
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 135
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 4536.6
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 5, 2024
Sold by
Earl And Margy Solon Family Trust
Bought by
Mary Abby Adams Revocable Trust and Solon
Seller's Agent
David Mishel
Real Broker LLC
Buyer's Agent
Hannah Burque
Compass
List Price
$374,888
Sold Price
$388,800
Premium/Discount to List
$13,912
3.71%
Views
23
Current Estimated Value
$486,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,618
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Sep 1, 2012
Sold by
Solon Earl N
Bought by
Earl & Margy Solon Family Trust

Purchase Details

Closed on
Oct 16, 2004
Sold by
Solon Earl N and Solon Margy L
Bought by
Solon Earl N and Earl N Solon Trust

Purchase Details

Closed on
Oct 27, 1994
Sold by
Bank One Chicago Na
Bought by
Solon Earl N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mary Abby Adams Revocable Trust $389,000 None Listed On Document
Earl & Margy Solon Family Trust -- None Available
Solon Earl N -- --
Solon Earl N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2024 02/06/24 Sold $388,800 +3.7% $243 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $374,888 -- $234 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $4,836 $43,478 $7,502 $35,976
2024 $4,836 $27,280 $4,201 $23,079
2023 $4,537 $27,280 $4,201 $23,079
2022 $4,537 $27,280 $4,201 $23,079
2021 $3,975 $21,296 $5,501 $15,795
2020 $4,015 $21,296 $5,501 $15,795
2019 $3,869 $23,134 $5,501 $17,633
2018 $2,308 $15,884 $4,401 $11,483
2017 $2,269 $15,884 $4,401 $11,483
2016 $2,522 $15,884 $4,401 $11,483
2015 $2,097 $12,945 $4,001 $8,944
2014 $2,087 $12,945 $4,001 $8,944
2013 $2,544 $15,411 $4,001 $11,410
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11948612

Midwest Real Estate Data (MRED)

APN: 05-27-200-060-1020

Your Personal Tour Guide

Ask me questions while you tour the home.