NOT LISTED FOR SALE

2875 Falling Waters Dr Lindenhurst, IL 60046

Estimated Value: $227,000 - $239,000

2 Beds
2 Baths
1,635 Sq Ft
$294/mo HOA Fee

Last Sold June 05, 2023

Last sale price $201,000 $123 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,044/month

1 Day on Market

Highlights

  • Fitness Center
  • Deck
  • Tennis Courts
  • Millburn Elementary School Rated A-
  • Community Pool
  • Party Room

About This Home

As of June 2023

2 Bed, 2 Bath End Unit in Falling Waters! Bright open floor plan on the second level! Living and dining room combo. Spacious family room with access to a large deck! Enjoy all the wonderful clubhouse amenities including an exercise room, party room, out-door pool and tennis court. Close to shopping, entertainment, restaurants, parks and forest preserves. Great Schools! Easy show book your private showing today!

Last Agent to Sell the Property

Kathleen Anderson

HomeSmart Connect LLC License #471008106 Listed on: 05/05/2023

HomeSmart Connect LLC

Co-Listed By

Jeff Esser

HomeSmart Connect LLC License #475159415

Last Buyer's Agent

Benjamin Hickman

RE/MAX Plaza License #475159801

RE/MAX Plaza

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 1999

Lot Details

  • 44

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,635 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Property Manager Association, Phone Number (847) 356-9225
  • Falling Waters Subdivision
  • Property managed by First Service Residential

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Additional Features

  • Party Room
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,742

Year Built

Built in 1999

Lot Details

0

HOA Fees

$294 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: Falling Waters
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1635
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1756
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 180000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 294
  • Association Amenities: Exercise Room, Party Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Property Manager
  • Management Phone: 847-356-9225
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 24

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 5741.56
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
May 25, 2023
Sold by
Short Jean A
Bought by
Sun Tong
Seller's Agent
Kathleen Anderson
HomeSmart Connect LLC
Buyer's Agent
Benjamin Hickman
RE/MAX Plaza
List Price
$180,000
Sold Price
$201,000
Premium/Discount to List
$21,000
11.67%
Views
34
Current Estimated Value
$234,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,372
Avg. Annual Appreciation
8.51%
Original Mortgage
$140,700
Outstanding Balance
$137,506
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$99,955

Purchase Details

Listed on
Dec 18, 2013
Closed on
May 15, 2014
Sold by
National Residential Nominee Services In
Bought by
Short Jean A
Seller's Agent
Diana Lopez
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Kathleen Anderson
HomeSmart Connect LLC
List Price
$115,360
Sold Price
$111,000
Premium/Discount to List
-$4,360
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Dec 18, 2013
Closed on
May 10, 2014
Sold by
Meiste Gregory S
Bought by
National Residential Nominee Services In
Seller's Agent
Diana Lopez
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Kathleen Anderson
HomeSmart Connect LLC
List Price
$115,360
Sold Price
$111,000
Premium/Discount to List
-$4,360
-3.78%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Cipolla Elizabeth M
Bought by
Meiste Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2004
Sold by
Cipolla Carolyn J and Cipolla Elizabeth M
Bought by
Cipolla Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
5.12%
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
Sun Tong $201,000 Chicago Title
Short Jean A $111,000 Fidelity
National Residential Nominee Services In $111,000 None Available
Meiste Gregory S $159,000 Ticor
Cipolla Elizabeth M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Tong $140,700
Previous Owner Meiste Gregory S $141,750
Previous Owner Meiste Gregory S $143,100
Previous Owner Cipolla Elizabeth M $128,500
Previous Owner Cipolla Elizabeth M $135,800
Closed Cipolla Elizabeth M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $201,000 +11.7% $123 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $180,000 +62.2% $110 / Sq Ft
06/12/2014 06/12/14 Sold $111,000 -1.8% $78 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/14/2014 04/14/14 Price Changed $113,000 -2.0% $80 / Sq Ft
12/18/2013 12/18/13 For Sale $115,360 -- $82 / 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 $5,323 $60,555 $9,616 $50,939
2023 $5,742 $53,503 $8,496 $45,007
2022 $5,742 $47,074 $7,834 $39,240
2021 $5,568 $43,728 $7,277 $36,451
2020 $5,556 $42,327 $7,044 $35,283
2019 $5,298 $40,680 $6,770 $33,910
2018 $2,427 $38,074 $5,678 $32,396
2017 $4,605 $37,059 $5,527 $31,532
2016 $4,591 $35,558 $5,303 $30,255
2015 $4,392 $33,210 $4,953 $28,257
2014 $3,962 $32,124 $4,926 $27,198
2012 $4,544 $32,279 $4,950 $27,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11776602

Midwest Real Estate Data (MRED)

APN: 06-01-404-130