NOT LISTED FOR SALE

1925 Lake Ave Unit 211 Wilmette, IL 60091

Estimated Value: $373,000 - $430,000

2 Beds
2 Baths
1,449 Sq Ft
$569/mo HOA Fee

Last Sold March 25, 2022

Last sale price $361,000 $249 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,166/month

1 Day on Market

Highlights

  • Fitness Center
  • Heated Floors
  • Landscaped Professionally
  • Highcrest Middle School Rated A
  • Open Floorplan
  • 4-minute walk to Forest Park

About This Home

As of March 2022

Remarkable, reconfigured (remodeled -walls removed) and updated largest two bedroom two bath PLUS family room at Optima is one of a kind! Tucked away in the rear of the complex, the home itself boasts an open expansive floorplan. The moment you walk in you are greeted with bamboo hardwood flooring, an open and brightly lit floorplan with southern exposure! Beautiful custom kitchen with Brazilian quartz countertop, stainless appliances, and custom built slow close cabinetry. Custom hand blown pendulant lighting over the bar is from New Orleans. Second bedroom features custom built in armoire closet - no need for dresser! Primary Suite has built-in walk-in closet organizers, European updated bathroom with rain shower, double vanity, bidet toilet & marble heated floors. Guest bathroom is updated with a deep soaker tub, glass surround tile and heated flooring. Numerous custom-built ins for added storage PLUS your own storage closet directly outside the unit. Newer full size washing machine (side by side). Newer A/C unit. Convenient built-in entry closet and storage area/pantry off foyer. Most extraordinary offering in this quiet Optima building. Balcony with flower box gardening and barbequing is welcomed. Come view this move in ready home with new roof, newly refreshed elevators, new garage door, new landscaping, and brick circular driveway. This is a well-managed building by a professional outside management company. Onsite work out room and Little Library too! Near top schools, parks, Pet friendly building.

Last Agent to Sell the Property

Kelley Hughes -Liao

Coldwell Banker Realty License #475125953 Listed on: 02/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Liz Bulf

Jameson Sotheby's International Realty License #475128224

Jameson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,323

Year Built

  • Built in 1999 | Remodeled in 2008

Lot Details

  • Landscaped Professionally
  • Sprinkler System

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,449 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage
  • Intercom

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • European Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 44 Units
  • Anne Hoffman Association, Phone Number (847) 869-4200
  • Lake Courts Subdivision, 2 Bed 2 Bath 2 Car Garage Floorplan
  • Property managed by Shermerhorn

Amenities

  • Common Area
  • Elevator
  • Lobby
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,323

Year Built

Built in 1999 | Remodeled in 2008

Lot Details

0

HOA Fees

$569 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Lake Courts
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2008
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2008

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Heated Floors, First Floor Laundry, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Some Window Treatmnt, Dining Combo, Lobby
  • LivingArea: 1449
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Bidet,European Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 339900
  • Lot Features: Common Grounds, Landscaped, Outdoor Lighting, Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 569
  • Association Amenities: Elevator(s), Exercise Room, Storage, Elevator(s), In-Ground Sprinkler System, Intercom, Public Bus
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Shermerhorn
  • Management Contact Name: Anne Hoffman
  • Management Phone: 847-869-4200
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Harper 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

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 5322.78
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 21, 2022
Sold by
Fagan Liling Chung and The Lilling Chung Living Trust
Bought by
Grandfield Kevin and Shaughnessy Mary
Seller's Agent
Kelley Hughes -Liao
Coldwell Banker Realty
Buyer's Agent
Liz Bulf
Jameson Sotheby's International Realty
List Price
$339,900
Sold Price
$361,000
Premium/Discount to List
$21,100
6.21%
Total Days on Market
1
Current Estimated Value
$398,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,244
Avg. Annual Appreciation
2.96%
Original Mortgage
$288,800
Outstanding Balance
$272,190
Interest Rate
4.08%
Estimated Equity
$124,801

Purchase Details

Closed on
Apr 21, 2008
Sold by
Chung Liling and Liling Chung Living Trust
Bought by
Fagan Liling Chung and Liling Chung Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2008
Sold by
Chung Liling and The Liling Chung Living Trust
Bought by
Fagan Timothy J and Chung Liling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2006
Sold by
Knebel Esther Marie and Geake Judith Esther
Bought by
Chung Liling and The Liling Chung Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2001
Sold by
Lasalle Bank National Assn
Bought by
Knebel Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.18%
Source: Public Records

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Range of Values:

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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
Grandfield Kevin $361,000 --
Fagan Liling Chung -- None Available
Fagan Timothy J -- Cti
Chung Liling $340,000 Multiple
Knebel Esther M $311,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grandfield Kevin $288,800
Previous Owner Fagan Timothy J $250,000
Previous Owner Fagan Timothy J $272,000
Previous Owner Chung Liling $34,000
Previous Owner Chung Liling $272,000
Previous Owner Knebel Esther M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $361,000 +6.2% $249 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $339,900 -- $235 / 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 $5,807 $28,906 $3,357 $25,549
2023 $5,474 $28,906 $3,357 $25,549
2022 $5,474 $28,906 $3,357 $25,549
2021 $5,352 $23,931 $2,441 $21,490
2020 $5,323 $23,931 $2,441 $21,490
2019 $5,172 $26,101 $2,441 $23,660
2018 $5,340 $25,880 $2,075 $23,805
2017 $5,206 $25,880 $2,075 $23,805
2016 $5,083 $25,880 $2,075 $23,805
2015 $5,096 $23,151 $1,708 $21,443
2014 $5,028 $23,151 $1,708 $21,443
2013 $4,788 $23,151 $1,708 $21,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11319143

Midwest Real Estate Data (MRED)

APN: 05-33-102-055-1017