$1,200,000
SOLD JUL 25, 2025

2050 Arbor Ln Unit 2050301 Northfield, IL 60093

3 Beds
2 Baths
2,901 Sq Ft
$1,361/mo HOA Fee

Recently Sold

$414 Per Sq Ft

20% Above List Price

1 Day on Market

Highlights

  • Water Views
  • Fitness Center
  • Open Floorplan
  • Marie Murphy School Rated A
  • Home fronts a pond
  • Lock-and-Leave Community

About This Home

As of July 2025

Welcome to 2050 Arbor Lane Unit 301, a rarely available penthouse in Northfield's sought-after Meadowlake community. This exquisitely renovated 3-bedroom, 2-bathroom corner unit offers an unmatched lifestyle, featuring a massive private rooftop terrace with panoramic views of the beautifully landscaped grounds and tranquil pond-home to swans and ducks. Gut-renovated in 2013, this stunning home combines modern luxury with serene natural surroundings. The expansive open-concept living space is filled with natural light and offers sweeping views from every angle. The chef's kitchen is a showstopper, equipped with separate Sub-Zero refrigerator and freezer, 48-inch Kallista sink, and Silestone countertops in the kitchen, powder room, and primary bath. Retreat to your spacious primary suite with spa-like finishes, and enjoy the convenience of two heated garage parking spaces located right next to the elevator, plus a dedicated storage room in the basement. Meadowlake's amenities include a clubhouse with indoor pool, fitness center, and party room. Step outside to bike or hike the nearby trails, explore the Skokie Lagoons and forest preserves, golf at the Wilmette Golf Club, or walk to New Trier's West Campus, located just across the street. This is a rare opportunity to own a top-floor, fully renovated residence with one of the largest private terraces in the area.

Last Agent to Sell the Property

Aaron Masliansky

Compass License #471019608 Listed on: 07/10/2025

Compass

Last Buyer's Agent

Paige Dooley

Compass License #475131775

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,628

Year Built

  • Built in 1994 | Remodeled in 2013

Lot Details

  • Home fronts a pond

HOA Fees

  • $1,361 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 2,901 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Water Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Terrace

Schools

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

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 175 Units
  • Megan Mcconnell Association, Phone Number (847) 998-0404
  • Penthouse
  • Property managed by NS Property Management
  • Lock-and-Leave Community

Amenities

  • Sundeck
  • Common Area
  • Clubhouse
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,628

Year Built

Built in 1994 | Remodeled in 2013

Lot Details

0

HOA Fees

$1,361 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 1994
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2013

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Carpet
  • Interior Amenities: Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 2901
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Terrace
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Window Features: Blinds
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • List Price: 1000000
  • Lot Features: Common Grounds
  • Patio And Porch Features: Deck
  • View: Water
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 1361
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Indoor Pool, Security Door Lock(s), Clubhouse
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Property Management
  • Management Contact Name: Megan McConnell
  • Management Phone: 847-998-0404

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/Wi
  • Middle/Junior School: Marie Murphy School
  • Middle/Junior School District: 37

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: 12627.76
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2025
Closed on
Jul 21, 2025
Sold by
Irene M Cherveny Trust and Cherveny Irene M
Bought by
William C Doyle Trust and Doyle
Seller's Agent
Aaron Masliansky
Compass
Buyer's Agent
Paige Dooley
Compass
List Price
$1,000,000
Sold Price
$1,200,000
Premium/Discount to List
$200,000
20%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-91.57%

Purchase Details

Closed on
Jun 7, 2023
Sold by
Cherveny John and Cherveny Irene
Bought by
Irene M Cherveny Trust

Purchase Details

Listed on
Feb 27, 2012
Closed on
Apr 24, 2013
Sold by
Schell Robert J
Bought by
Cherveny John and Cherveny Irene
Seller's Agent
Kathleen Tyrrell
Coldwell Banker Realty
Buyer's Agent
John Baylor
@properties Christie's International Real Estate
List Price
$590,000
Sold Price
$550,000
Premium/Discount to List
-$40,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$200,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2009
Sold by
Schell Robert J
Bought by
Schell Robert J and Robert J Schell Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $1,200,000 None Listed On Document
Quit Claim Deed -- Attorneys Title Guaranty Fund
Trustee Deed $550,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $60,000 Unknown
Previous Owner $60,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $1,200,000 +20.0% $414 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $1,000,000 +81.8% $345 / Sq Ft
05/01/2013 05/01/13 Sold $550,000 -6.8% $212 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $590,000 -- $227 / 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 $13,264 $62,238 $9,322 $52,916
2023 $12,528 $65,075 $9,322 $55,753
2022 $12,528 $65,075 $9,322 $55,753
2021 $13,391 $60,197 $6,700 $53,497
2020 $13,127 $60,197 $6,700 $53,497
2019 $12,854 $66,294 $6,700 $59,594
2018 $8,606 $54,349 $5,535 $48,814
2017 $8,202 $54,349 $5,535 $48,814
2016 $10,212 $54,349 $5,535 $48,814
2015 $9,945 $48,659 $4,515 $44,144
2014 $9,740 $48,659 $4,515 $44,144
2013 $9,271 $48,659 $4,515 $44,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12383987

Midwest Real Estate Data (MRED)

APN: 05-30-100-045-1038