NOT LISTED FOR SALE

Estimated Value: $385,000 - $401,000

2 Beds
2 Baths
1,248 Sq Ft
$446/mo HOA Fee

Last Sold February 19, 2024

Last sale price $365,000 $292 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,132/month

Highlights

  • Lock-and-Leave Community
  • Balcony
  • Resident Manager or Management On Site
  • Dewey Elementary School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Oldberg Park

About This Home

As of February 2024

Welcome to Lakeview Terrace Condominiums - one of Evanston's iconic buildings, located where the campus meets downtown.This 9th fl unit has a great room with views of the NU and the lake from the balcony. Generously sized eat-in kitchen with outside access. Large primary bedroom with bath and lots of closets. Second bedroom and nice hall bath. In-unit laundry with side by side w/d. Parking for two cars (#38 & 51) Well managed building with the world at your doorsteps! Completely repainted 2023, Terrace/balcony spans the living room to kitchen (28 x 4)

Last Agent to Sell the Property

Mary Summerville

Coldwell Banker License #475091422 Listed on: 01/30/2024

Coldwell Banker

Co-Listed By

Karina Leon

Coldwell Banker License #475201613

Last Buyer's Agent

David Schwabe

Compass License #475136522

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 1978

Lot Details

  • 0.5

HOA Fees

  • $446 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,248 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Dewey Elementary School
  • Nichols Middle School
  • Evanston Twp High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 44 Units
  • Kenny Parquette, Jr. Association, Phone Number (773) 269-6117
  • High-Rise Condominium
  • Lakeview Terrace Subdivision
  • Property managed by Advantage Management
  • Lock-and-Leave Community
  • 9-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,595

Year Built

Built in 1978

Lot Details

0

HOA Fees

$446 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Lakeview Terrace
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 9
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit
  • LivingArea: 1248
  • Room Type: No additional rooms
  • Stories Total: 9
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 345000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 446
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage Management
  • Management Contact Name: Kenny Parquette, Jr.
  • Management Phone: 773-269-6117
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Dewey Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Nichols Middle School
  • Middle/Junior School District: 65

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5594.55
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Feb 13, 2024
Sold by
Nancy H Mihael Revocable Second Restatem
Bought by
Ferrazza Joseph and Ferrazza Angela
Seller's Agent
Mary Summerville
Coldwell Banker
Buyer's Agent
David Schwabe
Compass
List Price
$345,000
Sold Price
$365,000
Premium/Discount to List
$20,000
5.8%
Views
26
Current Estimated Value
$394,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,132
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Jun 11, 2019
Sold by
Hotson Mary L
Bought by
Hotson Mary L and The Mary L Hotson Revocable Tr

Purchase Details

Closed on
Nov 1, 1993
Sold by
Schoellhorn Robert W and Schoellhorn Janell M
Bought by
Hotson Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.96%
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
Ferrazza Joseph $365,000 None Listed On Document
Hotson Mary L -- First American Title
Hotson Mary L $87,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hotson Mary L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2024 02/19/24 Sold $365,000 +5.8% $292 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $345,000 -- $276 / 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 $5,876 $30,242 $1,286 $28,956
2023 $5,595 $30,242 $1,286 $28,956
2022 $5,595 $30,242 $1,286 $28,956
2021 $5,192 $25,558 $926 $24,632
2020 $5,230 $25,558 $926 $24,632
2019 $5,067 $27,797 $926 $26,871
2018 $4,206 $21,534 $771 $20,763
2017 $4,125 $21,534 $771 $20,763
2016 $4,366 $21,534 $771 $20,763
2015 $4,120 $19,863 $656 $19,207
2014 $4,106 $19,863 $656 $19,207
2013 $3,984 $19,863 $656 $19,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11963647

Midwest Real Estate Data (MRED)

APN: 11-18-208-021-1042