NOT LISTED FOR SALE

Estimated Value: $346,000 - $439,000

2 Beds
2 Baths
1,350 Sq Ft
$860/mo HOA Fee

Last Sold March 16, 2018

Last sale price $280,000 $207 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,385/month

2 Days on Market

Highlights

  • Lake Front
  • Walk-In Pantry
  • Balcony
  • Nettelhorst Elementary School Rated A-
  • Circular Driveway
  • Galley Kitchen

About This Home

As of March 2018

MILLION DOLLAR VIEWS OF THE LAKE & BELMONT HARBOR from every room in this awesome East-Facing 2BR, 2BTH home w/HUGE 25FT LONG PRIVATE BALCONY OVER LOOKING THE LAKE! Perfect split-bedroom floor plan for complete privacy. Large floor-to-ceiing windowed provide ample natural light! Spacious Updated kitchen w/tons of cabinetry & counter space & views of the lake while you cook! Eat-in-breakfast bar & table space. Fantastic closet & storage space throughout. Oversized bonus closet is so large it could be used as a home office. Nicely sized bedrooms & master with en suite bathroom. GREAT FULL AMENITY BLDG w/24HR doorman, on-site management, outdoor pool, roof-top deck w/unparalleled views & garage parking on site! Incredible location w/tennis, golf, shopping, restaurants & the lakefront all just right outside your door. Easy access to Lake Shore Drive, buses & public transportation. (Bldg is 96% owner occupied, but unit can be rented out. Rental cap of 7 units w/4 units currently rented.)

Last Agent to Sell the Property

Michael Hall

Baird & Warner License #475148426 Listed on: 02/06/2018

Baird & Warner

Last Buyer's Agent

Chris Chesne

Compass License #475141544

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,668

Year Built

  • 1975

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $860 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Concrete Siding

Interior Spaces

  • Entrance Foyer
  • Storage

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Home Security

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • North or South Exposure
  • City Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,668

Year Built

1975

Lot Details

0

HOA Fees

$860 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 19
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28
  • Year Built: 1975

Interior Features

  • Interior Property Features: Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 13X27, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 8X17, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Galley, Island, Pantry-Closet
  • Additional Rooms: Balcony, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 29X4, On Level: Main Level, Flooring: Other
  • Additional Room 2 Name: Foyer, Dimensions: 5X8, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 4 Name: Walk in Closet, Dimensions: 11X5, On Level: Main Level
  • Estimated Sq Ft: 1350
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Concrete
  • Exterior Property Features: Balcony, Storms/Screens, Cable Access
  • Exposure: N (North), S (South), E (East), City, Lake/Water

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Circular
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: Central Air, 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air, Zoned

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Coin Laundry, Elevator, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Security, Doorman, TV/Cable, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 860
  • Management Contact Name: Eric Pohlman
  • Management Phone: 847-459-0000

Fee Information

  • Management Company: Lieberman
  • Lowest Parking Fee: 75
  • Highest Parking Fee: 90
  • Lease Amount: 90

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14281030551050

Multi Family

  • Total Number Unitsin Building: 102
  • Number Stories: 28

Tax Info

  • Taxes: 4410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Mar 9, 2018
Sold by
Schenker Ben and Schenker Marianne
Bought by
Lapthorne Jeffrey M and Lapthorne Patricia A
Seller's Agent
Michael Hall
Baird & Warner
Buyer's Agent
Chris Chesne
Compass
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$385,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,667
Avg. Annual Appreciation
4.33%
Original Mortgage
$210,000
Outstanding Balance
$179,911
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$205,756

Purchase Details

Closed on
Dec 2, 2002
Sold by
Schenker Scott B
Bought by
Schenker Ben and Schenker Marianne

Purchase Details

Closed on
Nov 29, 2000
Sold by
Schenker Ben and Schenker Marianne
Bought by
Schenker Ben and Schenker Marianne

Purchase Details

Closed on
Sep 20, 2000
Sold by
Padnos William K
Bought by
Schenker Ben and Schenker Marianne

Purchase Details

Closed on
Aug 22, 1997
Sold by
Mccallister Scott
Bought by
Padnos William K

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
7.54%

Purchase Details

Closed on
Mar 17, 1994
Sold by
Edwards Deborah A and Rauchwerger Deborah A
Bought by
Mccallister Scott

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
7.02%
Source: Public Records

Range of Values:

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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
Lapthorne Jeffrey M $280,000 Attorney
Schenker Ben -- --
Schenker Ben -- --
Schenker Ben $230,000 --
Padnos William K $109,666 --
Mccallister Scott $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapthorne Jeffrey M $210,000
Previous Owner Padnos William K $100,000
Previous Owner Mccallister Scott $143,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $280,000 -1.8% $207 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $285,000 -- $211 / 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 $5,668 $34,170 $1,960 $32,210
2023 $5,504 $30,180 $1,580 $28,600
2022 $5,504 $30,180 $1,580 $28,600
2021 $5,399 $30,179 $1,580 $28,599
2020 $5,493 $27,762 $1,042 $26,720
2019 $5,420 $30,407 $1,042 $29,365
2018 $5,328 $30,407 $1,042 $29,365
2017 $4,550 $24,513 $916 $23,597
2016 $4,410 $24,513 $916 $23,597
2015 $4,011 $24,513 $916 $23,597
2014 $3,688 $22,447 $750 $21,697
2013 $3,604 $22,447 $750 $21,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09849936

Midwest Real Estate Data (MRED)

APN: 14-28-103-055-1050