NOT LISTED FOR SALE

2050 Arbor Ln Unit 2050202 Northfield, IL 60093

Estimated Value: $517,716 - $651,000

2 Beds
2 Baths
-- Sq Ft
$511/mo HOA Fee

Last Sold April 17, 2015

Last sale price $372,500

Est. 55% increase in value since last sale

Current estimated payment $4,133/month

44 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Indoor Pool
  • Marie Murphy School Rated A
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of April 2015

Enjoy carefree lifestyle, larger 2 bedroom condo on the second floor. Living room and kitchen face the lovely pond. Lg dining room and kitchen complement this most desirable floor plan. Separate laundry room. Amenities include an indoor pool with Jacuzzi , club house and exercise room. There are 2 reserved spaces in the heated garage. Lg closets. Neutral decorating. Taxes do not reflect senior exemption.Applied for.

Last Agent to Sell the Property

Beverly Smith

@properties Christie's International Real Estate License #471006660 Listed on: 01/23/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Anya Wilkomer

Coldwell Banker Realty License #475138954

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1994

Lot Details

  • 12.39

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Water Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

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

Schools

  • Avoca West Elementary School
  • Marie Murphy Middle School
  • New Trier Twp High School Northfield/Winnetka

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Debbie Association, Phone Number (847) 359-8980
  • Meadowlake Subdivision
  • Property managed by Seymour

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Pet Policy

  • Cats Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,314

Year Built

Built in 1994

Lot Details

0

HOA Fees

$511 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: MEADOWLAKE
  • Year Built: 1994
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, First Floor Laundry
  • Other Equipment: TV-Cable, Security System, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 511
  • Association Amenities: Elevator(s), Exercise Room, Health Club, Indoor Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Management Company: Seymour
  • Management Contact Name: Debbie
  • Management Phone: 847-359-8980
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: AVOCA WEST ELEMENTARY SCHOOL
  • High School: NEW TRIER TWP H.S. NORTHFIELD/WINNETKA
  • Middle/Junior School: MARIE MURPHY SCHOOL

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5313.59
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Apr 16, 2015
Sold by
Schmit Dorothy B and Schmit Living Trust
Bought by
Laudermilk John I and John I Laudermilk Revocable Tr
Seller's Agent
Beverly Smith
@properties Christie's International Real Estate
Buyer's Agent
Anya Wilkomer
Coldwell Banker Realty
List Price
$395,000
Sold Price
$372,500
Premium/Discount to List
-$22,500
-5.7%
Current Estimated Value
$577,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,072
Avg. Annual Appreciation
4.19%
Original Mortgage
$280,000
Outstanding Balance
$210,583
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$366,989

Purchase Details

Closed on
Dec 18, 2008
Sold by
Schmit John R and Schmit Dorothy B
Bought by
Schmit John R and Schmit Dorothy B

Purchase Details

Closed on
Feb 14, 2008
Sold by
Brown Marianne Lubershane and Harry Lubershane 1996 Living T
Bought by
Schmit John R and Schmit Dorothy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 1996
Sold by
Lubershane June J and Lubershane Harry
Bought by
Lubershane June J and Harry Lubershane 1996 Living T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laudermilk John I $372,500 Chicago Title Insurance Co
Schmit John R -- None Available
Schmit John R $238,500 Fort Dearborn Land Title Llc
Schmit John R $238,500 Fort Dearborn Land Title Llc
Lubershane June J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laudermilk John I $280,000
Previous Owner Schmit John R $307,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $372,500 -3.2% --
03/08/2015 03/08/15 Pending -- -- --
03/06/2015 03/06/15 Price Changed $385,000 -2.5% --
01/23/2015 01/23/15 For Sale $395,000 -- --
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 $7,044 $35,729 $5,352 $30,377
2023 $6,635 $37,359 $5,352 $32,007
2022 $6,635 $37,359 $5,352 $32,007
2021 $7,057 $34,557 $3,846 $30,711
2020 $6,964 $34,557 $3,846 $30,711
2019 $6,817 $38,057 $3,846 $34,211
2018 $5,603 $31,200 $3,177 $28,023
2017 $5,458 $31,200 $3,177 $28,023
2016 $5,490 $31,200 $3,177 $28,023
2015 $5,278 $27,934 $2,592 $25,342
2014 $5,179 $27,934 $2,592 $25,342
2013 -- $27,934 $2,592 $25,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08822426

Midwest Real Estate Data (MRED)

APN: 05-30-100-045-1037