NOT LISTED FOR SALE

Estimated Value: $479,345 - $573,000

2 Beds
2 Baths
1,680 Sq Ft
$1,495/mo HOA Fee

Last Sold November 10, 2023

Last sale price $420,000 $250 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,913/month

5 Days on Market

Highlights

  • Valet Parking
  • Lake Front
  • Fitness Center
  • Central Elementary School Rated A
  • Beach Access
  • 4-minute walk to Langdon Park

About This Home

As of November 2023

Spectacular lake views from every room in this desirable condo in 1616 Sheridan. Beautifully maintained and spacious two bedroom/two bath condo with inviting foyer, oversized sunlit windows, multi-season porch balcony ,open floor plan and spacious kitchen. Amenities include a private beach, lakefront terrace with dining area, picturesque swimming pool, 24 hour valet parking, party room, guest suite, on-site manager. Many recent improvements include lobby and hallway renovation, window replacement, elevator upgrade, balcony work, 1616 is an exceptionally well managed building with strong reserves. Fabulous location across from Plaza Del Lago shopping and restaurants, it's the lakefront lifestyle you've been dreaming about, wake up to the sunrise and spend the day enjoying beautiful Lake Michigan. Condo has one indoor parking ($135.00 monthly ) and one outdoor ($60.00)monthly available.

Last Listed By

Margaret Murphy Burton

@properties Christie's International Real Estate License #475148836 Listed on: 10/16/2023

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 1967

Lot Details

  • 2.19

HOA Fees

  • $1,495 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,680 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Home Gym
  • Partially Carpeted
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Tideland Water Rights
  • Enclosed Balcony
  • Covered patio or porch

Schools

  • Central Elementary School
  • Wilmette Junior High School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Property is near a bus stop

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, security, tv/cable, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights, internet
  • 81 Units
  • Lynn Dee Association, Phone Number (847) 256-2550
  • Property managed by 1616 Association
  • 10-Story Property

Amenities

  • Valet Parking
  • Sundeck
  • 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

$5,585

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,495 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: 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: 6
  • ResoPropertyType: Residential
  • 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, Open Floorplan, Dining Combo, Health Facilities, Lobby, Some Wall-To-Wall Cp
  • LivingArea: 1680
  • Other Equipment: TV-Cable
  • Room Type: Foyer, Enclosed Balcony
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 1800
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1800
  • Total Sq Ft: 1800
  • Main Level Sq Ft: 1800
  • Door Features: Sliding Glass Door(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 439000
  • Lot Features: Beach, Lake Front, Water Rights, Water View
  • OtherStructures: None
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned, Valet
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt,Circular
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Lowest Parking Fee: $60
  • Parking Fee/Lease $: 135

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 1495
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Service Elevator(s), Covered Porch, In Ground Pool, Intercom, Public Bus, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: 1616 Association
  • Management Contact Name: Lynn Dee
  • Management Phone: 847-256-2550
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

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

Rental Info

  • Lease Amount: 135
  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 5585
  • Tax Year: 2021

Multi Family

  • Units in Building: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 10, 2023
Sold by
Kelly Thomas F and Kelly Patricia R
Bought by
Chicago Title Land Trust
Seller's Agent
Margaret Murphy Burton
@properties Christie's International Real Estate
Buyer's Agent
Cecille Plurad Mike Plurad
Coldwell Banker Realty
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%
Total Days on Market
5
Views
87
Current Estimated Value
$527,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,586
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Brown Nick J and Helen Brown Irrevocable Trust
Bought by
Kelly Thomas F and Kelly Patricia R

Purchase Details

Closed on
Nov 1, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Brown Nick J and Helen Brown Irrevocable Trust

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
Chicago Title Land Trust $420,000 Proper Title
Kelly Thomas F $140,000 None Available
Brown Nick J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chicago Title Land Trust Co $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $420,000 -4.3% $250 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $439,000 -- $261 / 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 $5,914 $27,538 $4,241 $23,297
2023 $5,914 $27,538 $4,241 $23,297
2022 $5,914 $27,538 $4,241 $23,297
2021 $5,585 $21,497 $5,553 $15,944
2020 $5,494 $21,497 $5,553 $15,944
2019 $5,327 $23,353 $5,553 $17,800
2018 $3,815 $16,034 $4,442 $11,592
2017 $3,709 $16,034 $4,442 $11,592
2016 $3,485 $16,034 $4,442 $11,592
2015 $3,244 $13,066 $4,038 $9,028
2014 $3,192 $13,066 $4,038 $9,028
2013 $3,629 $15,556 $4,038 $11,518
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11906976

Midwest Real Estate Data (MRED)

APN: 05-27-200-060-1044