NOT LISTED FOR SALE

Estimated Value: $244,000 - $262,000

2 Beds
2 Baths
-- Sq Ft
$484/mo HOA Fee

Last Sold March 19, 2024

Last sale price $224,000

Est. 12% increase in value since last sale

Current estimated payment $2,142/month

40 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Clubhouse
  • Wheeling High School Rated A
  • Lock-and-Leave Community
  • Community Indoor Pool

About This Home

As of March 2024

Located in the highly desirable Cambridge on The Lake community, this delightful 2-bedroom, 2-bathroom home has amazing views from each window overlooking the pond bordered by a host of mature trees and foliage. Come watch the seasons change with the unforgettable view. Primary bedroom appointed with updated ensuite bathroom, includes a jetted tub, granite countertop and ample linen storage. Additionally, you'll find a perfectly placed spacious dual closet dressing area pre-entry to the primary ensuite bathroom. The recently updated guest bathroom is complete with a fully enclosed well-lit shower stall, granite countertop, and in-unit laundry with a brand-new washer/dryer. The home comes with assigned indoor parking as well as a floor-to-ceiling storage unit immediately adjacent to the unit door. The Burgundy Building also has a newly updated 1st floor gathering/party space, which can be reserved by residents at no charge. A community indoor swimming pool, property clubhouse and fitness center only further add to the overall appeal of the community.

Last Agent to Sell the Property

David Wisneski

@properties Christie's International Real Estate License #471022618 Listed on: 01/09/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Svetlana Gilman

Barr Agency, Inc License #471020753

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 1974

Lot Details

  • Waterfront

HOA Fees

  • $484 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Formal Dining Room
  • Storage
  • Laminate Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Schools

  • Booth Tarkington Elementary Scho
  • Jack London Middle School
  • Wheeling High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Michael Layton Association, Phone Number (847) 998-0404
  • Cambridge On The Lake Subdivision
  • Property managed by NS Management
  • Lock-and-Leave Community

Amenities

  • Clubhouse
  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,698

Year Built

Built in 1974

Lot Details

0

HOA Fees

$484 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
  • Subdivision Name: Cambridge on the Lake
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 229000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit, In Bathroom
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 484
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, Party Room, Indoor Pool, Security Door Lock(s), Clubhouse, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Management
  • Management Contact Name: Michael Layton
  • Management Phone: 847-998-0404X124
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Booth Tarkington Elementary Scho
  • High School: Wheeling High School
  • Middle/Junior School: Jack London Middle School
  • Middle/Junior School District: 21

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3698
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 9, 2024
Sold by
Ras Jane and Ras Monica
Bought by
Reider Alan
Seller's Agent
David Wisneski
@properties Christie's International Real Estate
Buyer's Agent
Svetlana Gilman
Barr Agency, Inc
List Price
$229,000
Sold Price
$224,000
Premium/Discount to List
-$5,000
-2.18%
Views
201
Current Estimated Value
$251,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,792
Avg. Annual Appreciation
7.89%

Purchase Details

Listed on
Jun 28, 2013
Closed on
Aug 30, 2013
Sold by
Doyle Richard J
Bought by
Ras Jane and Ras Monica
Seller's Agent
Helen Popp
Baird & Warner
Buyer's Agent
David Wisneski
@properties Christie's International Real Estate
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Feb 16, 1995
Sold by
Doyle Richard J
Bought by
Joseph Virginia Mary
Source: Public Records

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
Reider Alan $224,000 Truly Title
Ras Jane $120,000 Baird & Warner Title Service
Joseph Virginia Mary -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $224,000 -2.2% --
02/19/2024 02/19/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $229,000 +90.8% --
09/12/2013 09/12/13 Sold $120,000 -11.0% --
08/15/2013 08/15/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $134,900 0.0% --
08/05/2013 08/05/13 Pending -- -- --
07/28/2013 07/28/13 For Sale $134,900 0.0% --
07/13/2013 07/13/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $134,900 -- --
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 $3,878 $15,433 $420 $15,013
2023 $3,698 $15,433 $420 $15,013
2022 $3,698 $15,433 $420 $15,013
2021 $4,151 $11,750 $104 $11,646
2020 $4,040 $11,750 $104 $11,646
2019 $4,038 $13,042 $104 $12,938
2018 $3,446 $10,005 $93 $9,912
2017 $3,382 $10,005 $93 $9,912
2016 $3,142 $10,005 $93 $9,912
2015 $2,939 $8,652 $198 $8,454
2014 $2,891 $8,652 $198 $8,454
2013 $2,672 $8,652 $198 $8,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11958818

Midwest Real Estate Data (MRED)

APN: 03-09-200-020-1034