NOT LISTED FOR SALE

2566 Burnside Way Waukegan, IL 60087

Estimated Value: $250,000 - $264,088

3 Beds
2 Baths
2,037 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $213,000 $105 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,241/month

75 Days on Market

Highlights

  • Formal Dining Room
  • Resident Manager or Management On Site
  • Senior Tax Exemptions
  • Attached Garage
  • Accessibility Features

About This Home

As of January 2022

Rarely available unit in The Traditions, an OVER 55 Community located in east Lake County, just off Sheridan Road and close to Lyons Wood Forest Preserve and Glen Flora Country Club. This unit is GORGEOUS, having been built in 2006, but the interior left unfinished when in 2018 it was totally built out and completed with tasteful and quality finishes! Neutral wood laminate flooring, extra thick - high quality. Very spacious living room plus a main floor den/office or formal dining room. The 2nd bedroom is nice and bright with corner windows, now used as an office. Master bedroom features a walk-in closet and beautiful bath with double bowl sinks, tiled shower with hi-quality glass door, beautiful finishes here!! The kitchen will truly impress with its quartz counters, white shaker-style cabinets, all stainless steel appliances. There is a nice eating area with a built-in storage hutch and sliders that lead to an expanded 12 x 11 patio (added by current owner so apx 2 yrs new), and all backing to a private wooded area for nice views! Large main floor laundry with storage closets/shelves. DON'T MISS THE BONUS 2nd floor finished off for a family room, craft room, or easily a 3rd bedroom with closet space and an extra 5 x 7 alcove for dresser, craft supplies, etc. Extra large attached garage with storage space. This unit has over 2000 sq. feet including 2nd floor bonus room and attic space. Seller added hi-grade insulation here for energy efficiency! Quality faux wood custom blinds throughout. Shows great, and a lot of home for the money! Excellent condition, so see it soon!

Last Agent to Sell the Property

Kris Seegren

RE/MAX Plaza License #475101323 Listed on: 10/19/2021

RE/MAX Plaza

Last Buyer's Agent

Heidi Alexander

Benchmark Realty License #471003986

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,752

Year Built | Renovated

  • 2006 | 2018

Lot Details

  • 6,316

HOA Fees

  • $330 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Slab Foundation

Interior Spaces

  • Dual Sinks
  • Blinds
  • Formal Dining Room

Accessible Home Design

  • Accessibility Features

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Jim Bakshis Association, Phone Number (847) 599-9740
  • Property managed by The Traditions

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,752

Year Built | Renovated

2006 | 2018

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-Ranch
  • Property Sub Type: Townhouse-Ranch
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Adult Community
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2018
  • Directions: Sheridan & Yorkhouse, S past Blanchard to Traditions entrance (can only enter here from the North - if coming from the South enter off Blanchard) - to Burnside to 2566, Unit on the west side #2566 with yellow mums at entrance.
  • Lot Size: 59.3 X 107.1 X 58.5 X 107.2
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Special Features: None
  • Year Built: 2006
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1817
  • Basement Description: Slab
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: Bonus space above garage includes furnace/hot water room and attic/closet space of 441 sq. feet, plus main floor of 1596 per assessor for total of 2037 sq. feet.
  • Total Sq Ft: 0
  • Window Features: Blinds
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: Eating Area, Foyer, Storage, Other Room
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Exterior Building Type: Vinyl Siding,Brick
  • Lot Features: Backs to Trees/Woods
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Traditions
  • Management Contact Name: Jim Bakshis
  • Management Phone: 847-599-9740
  • Amenities: Exercise Room, Party Room, Pool, Ceiling Fan
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 60

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 5795.68
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Torkelson Kathleen J
Bought by
Melius Michael M and Melius Rita A
Current Estimated Value
$257,022

Purchase Details

Listed on
Apr 4, 2018
Closed on
May 2, 2018
Sold by
Rto Property Llc
Bought by
Torkelson Kathleen J
Seller's Agent
Mike Bodden
Chase Real Estate LLC
Buyer's Agent
Kris Seegren
RE/MAX Plaza
List Price
$174,900
Sold Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Listed on
Sep 7, 2016
Closed on
Feb 1, 2018
Sold by
Amos Financial Llc
Bought by
Rto Property Llc
Seller's Agent
Doris McGruder
Century 21 Circle
Buyer's Agent
Mike Bodden
Chase Real Estate LLC
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3305.67%
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Melius Michael M $213,000 Chicago Title
Torkelson Kathleen J $174,000 Chicago Title
Rto Property Llc $75,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rto Property Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $213,000 0.0% $105 / Sq Ft
01/05/2022 01/05/22 For Sale -- -- --
01/03/2022 01/03/22 Pending -- -- --
10/21/2021 10/21/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $213,000 +21.8% $105 / Sq Ft
05/02/2018 05/02/18 Sold $174,900 0.0% $94 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $174,900 +133.2% $94 / Sq Ft
02/05/2018 02/05/18 Sold $75,000 -11.8% $40 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $85,000 0.0% $46 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $85,000 -- $46 / 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 $5,752 $76,504 $10,073 $66,431
2023 $5,173 $68,995 $9,084 $59,911
2022 $5,173 $63,917 $6,583 $57,334
2021 $5,330 $66,688 $6,876 $59,812
2020 $5,796 $62,128 $6,406 $55,722
2019 $5,736 $56,930 $5,870 $51,060
2018 $6,805 $54,352 $7,554 $46,798
2017 $6,840 $48,086 $6,683 $41,403
2016 $6,457 $41,785 $5,807 $35,978
2015 $6,317 $37,398 $5,197 $32,201
2014 $6,490 $38,360 $5,110 $33,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11249099

Midwest Real Estate Data (MRED)

APN: 08-09-210-040