NOT LISTED FOR SALE

Estimated Value: $662,000 - $785,000

3 Beds
3 Baths
1,800 Sq Ft
$1,892/mo HOA Fee

Last Sold May 03, 2021

Last sale price $537,500 $299 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,320/month

22 Days on Market

Highlights

  • Valet Parking
  • Attached Garage
  • Central Air
  • Central Elementary School Rated A
  • Entrance Foyer
  • 4-minute walk to Langdon Park

About This Home

As of May 2021

A rarely available and highly coveted F Tier unit boasting 180-degree unmatched views of the Lake Michigan Shoreline to the North, South and East. The prime location in the building at the perfect height for appreciating the lake, beach & pier, treetop views, and the gorgeous pool and waterfall setting. Stunning views from every room. Private balcony with sweeping vista for entertaining, sipping coffee or cocktails, or just simply relaxing and soaking up the natural beauty and waves. A spacious foyer with a beautiful natural wood herringbone floor and a hip mid-century modern vibe welcomes you and offers generous closets and rare powder room. The entertainment sized Living Room include built ins including a bar area and is open to the Dining Room with plenty of space for a generous table and large buffet cabinet. The spacious white kitchen offers tons of cabinet space for storage and long counter tops for meal preparations. The Primary Bedroom has gorgeous views to the east and south overlooking both the lake and pool areas and has a walk-in closet. Two other generously sized bedrooms feature extensive custom-built ins, one is currently used as a Den. Extra closets and a hall bath complete the private area of the condo with room to add a washer & dryer if desired. 1616 Sheridan is the hot building on the Sheridan Road strip having recently undergone millions of dollars in improvements including a stunning lobby and brand-new stylish hallway decor, all new windows and sliding doors throughout building, newer elevators, mechanical improvements, too many improvements to list. Building amenities include 24-hour valet garage parking, large outdoor pool with waterfall and terraced dining area, a rare sandy private beach with pier, party room with kitchen off the pool, guest suite that can be rented for $85/night, restored balconies with new railings, and excellent on-site management/engineer. Professional landscaping by Chalet. Listen to the waves and enjoy the gorgeous sun rises every morning here overlooking the sandy private beach area and pier. Walk across the street to all that Plaza del Lago offers including Starbucks, restaurants, Jewel, dry cleaner, and shopping. Langdon park is just down the block. A carefree beach lifestyle awaits you!

Last Agent to Sell the Property

Chris Veech

@properties Christie's International Real Estate License #475144331 Listed on: 02/04/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Sara Sullivan

Compass License #475159374

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,705

Year Built

  • 1967

Lot Details

  • 2.19

HOA Fees

  • $1,892 per month

Parking

  • Attached Garage
  • Parking Available
  • Visitor Parking
  • Parking Lot
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Valet Parking

Listing and Financial Details

  • Senior Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,705

Year Built

1967

Lot Details

0

HOA Fees

$1,892 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1967
  • Tax Exemptions: Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Built: 1967

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X25, On Level: Main Level
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X16, On Level: Main Level
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 12X18, On Level: Main Level
  • Additional Room 1 Name: Foyer, Dimensions: 11X6, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Bedroom 3: Dimensions: 12X16, On Level: Main Level
  • Estimated Sq Ft: 1800

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Visitor Parking, Valet, Parking Lot
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Heat, Air Conditioning, Water, Common Insurance, Security System, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 1892
  • Management Contact Name: Lynn Dee
  • Management Phone: 847-256-2550

Fee Information

  • Management Company: Chicago Management
  • Lowest Parking Fee: 85
  • Highest Parking Fee: 135
  • Lease Amount: 135

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 05272000601023

Multi Family

  • Total Number Unitsin Building: 83
  • Number Stories: 8

Tax Info

  • Taxes: 5463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 26, 2021
Sold by
Colby Susan and Rivkin Marilyn Colby
Bought by
Mary Jane Roddy Revocable Trust
Seller's Agent
Chris Veech
@properties Christie's International Real Estate
Buyer's Agent
Sara Sullivan
Compass
List Price
$550,000
Sold Price
$537,500
Premium/Discount to List
-$12,500
-2.27%
Current Estimated Value
$732,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,315
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Jun 13, 2011
Sold by
Colby Carol P
Bought by
Colby Carol Perel and Colby Susan

Purchase Details

Closed on
Aug 4, 2005
Sold by
Colby Bernard G and Colby Carol P
Bought by
Colby Carol P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mary Jane Roddy Revocable Trust $537,500 Citywide Title Corporation
Colby Carol Perel -- None Available
Colby Carol P -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $537,500 -2.3% $299 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $550,000 -- $306 / 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 $6,705 $35,515 $5,469 $30,046
2023 $6,305 $35,515 $5,469 $30,046
2022 $6,305 $35,515 $5,469 $30,046
2021 $5,646 $27,726 $7,162 $20,564
2020 $5,658 $27,726 $7,162 $20,564
2019 $5,463 $30,119 $7,162 $22,957
2018 $3,449 $20,679 $5,729 $14,950
2017 $3,378 $20,679 $5,729 $14,950
2016 $3,564 $20,679 $5,729 $14,950
2015 $3,067 $16,852 $5,208 $11,644
2014 $3,041 $16,852 $5,208 $11,644
2013 $3,629 $20,062 $5,208 $14,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10991216

Midwest Real Estate Data (MRED)

APN: 05-27-200-060-1023