NOT LISTED FOR SALE

355 Promontory Ln Unit A Wauconda, IL 60084

Estimated Value: $322,000 - $406,000

2 Beds
2 Baths
1,460 Sq Ft
$279/mo HOA Fee

Last Sold June 30, 2023

Last sale price $287,500 $197 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,640/month

7 Days on Market

Highlights

  • Water Views
  • Landscaped Professionally
  • Wood Flooring
  • Boat Dock
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of June 2023

Get ready for the ultimate lakefront living experience with this stunning upper-level condo! As you step inside, you'll be blown away by the luxurious elevator that takes you straight to the open floor plan of the living, dining and kitchen area. But that's just the beginning! This 2-bed, 2-bath end unit in the coveted Bangs Lake waterfront community is truly something special. Amenities include private beach, boat piers and kayak storage available for rent through HOA. You'll have everything you need for a life of adventure on the water. But perhaps best of all is the location. You'll be within walking distance to the beach, downtown, shopping, and restaurants, making it easy to enjoy all that the area has to offer. And with a low HOA, you'll have even more to love about this fabulous lakefront community. Don't wait - come see this gem for yourself today! Choice home warranty included!

Last Agent to Sell the Property

Victoria Donnowitz

Keller Williams Thrive License #475000223 Listed on: 04/13/2023

Keller Williams Thrive

Last Buyer's Agent

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243

Better Homes and Garden Real Estate Star Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,944

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $279 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Water Views
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Robert Crown Elementary School
  • Wauconda Middle School
  • Wauconda Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal, lake rights
  • 6 Units
  • Contact Association, Phone Number (847) 459-0000
  • Sunset Ridge Subdivision
  • Property managed by Associa Property Management

Amenities

  • Picnic Area
  • Common Area
  • Elevator

Recreation

  • Boat Dock

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,944

Year Built

Built in 2004

Lot Details

0

HOA Fees

$279 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: Sunset Ridge
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1460
  • Other Equipment: Water-Softener Owned, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Breakfast Room, Foyer
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 289750
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 279
  • Association Amenities: Boat Dock, Elevator(s), Picnic Area, Water View
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Property Management
  • Management Contact Name: CONTACT
  • Management Phone: 847-459-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Robert Crown Elementary School
  • High School: Wauconda Comm High School
  • Middle/Junior School: Wauconda Middle School
  • Middle/Junior School District: 118

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3944
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jun 24, 2021
Sold by
Robbins Sandra M and Sandra M Robbins Trust
Bought by
Kallimanes Henry and Kallimanes Marilyn
Seller's Agent
Victoria Donnowitz
Keller Williams Thrive
Buyer's Agent
Victoria Donnowitz
Keller Williams Thrive
Sold Price
$262,500
Current Estimated Value
$350,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,294
Avg. Annual Appreciation
5.55%
Original Mortgage
$196,875
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Aspen At Sunset Ridge Llc
Bought by
Robbins Sandra M and The Sandra M Robbins Trust
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
Kallimanes Henry $262,500 Chicago Title
Robbins Sandra M $294,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kallimanes Henry $196,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $287,500 -0.8% $197 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $289,750 +10.4% $198 / Sq Ft
06/29/2021 06/29/21 Sold $262,500 -0.9% $180 / Sq Ft
05/25/2021 05/25/21 For Sale -- -- --
05/24/2021 05/24/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $264,900 -- $181 / 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 $6,099 $76,664 $8,147 $68,517
2023 $7,788 $70,077 $7,447 $62,630
2022 $7,788 $77,370 $6,875 $70,495
2021 $3,944 $73,108 $6,496 $66,612
2020 $4,020 $69,679 $6,191 $63,488
2019 $3,742 $65,853 $5,851 $60,002
2018 $4,775 $57,969 $9,208 $48,761
2017 $4,145 $57,299 $9,102 $48,197
2016 $4,129 $65,712 $8,619 $57,093
2015 $5,898 $60,325 $7,912 $52,413
2014 $4,258 $46,629 $6,671 $39,958
2012 $4,315 $47,469 $6,791 $40,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11755836

Midwest Real Estate Data (MRED)

APN: 09-25-202-065