NOT LISTED FOR SALE

405 Lake Ave Unit E Wauconda, IL 60084

Estimated Value: $674,065

3 Beds
4 Baths
2,962 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $550,000 $186 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,169/month

61 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Recreation Room
  • Jefferson Elementary School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of November 2023

Life By Design...Spectacular lakefront townhome, largest unit in Sunset Ridge! Amazing views of Bangs Lake and priceless picturesque Sunsets! Rare built in Elevator services all 3 floors...never a need to climb the steps:). Fabulous Primary Suite with magnificent lake views, full bath with tub and walk in closet. Extended kitchen eating area with sliders out to the deck and a coffee nook too. Lower level walk out has huge recreation room, full bathroom with large deck lakeside. Incredible views from all windows. Main level bedroom and full bath. Open floor plan, high ceilings, and multi-sided fireplace for dining or relaxing in the living room. Community has it's own beach and picnic pergola. Boat slips and Kayak storage available through HOA. You can watch the fourth of July fireworks and Venetian Night from one of your two decks. Walk to downtown Wauconda restaurants, or you can take your boat to the restaurants. Choice Home Warranty Included. Don't miss this, it's one of a kind!!!

Last Agent to Sell the Property

Victoria Donnowitz

Keller Williams Thrive License #475000223 Listed on: 07/18/2023

Keller Williams Thrive

Last Buyer's Agent

Bridget Norman

Berkshire Hathaway HomeServices Starck Real Estate License #475177612

Berkshire Hathaway HomeServices Starck Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,884

Year Built

  • Built in 2005

Lot Details

  • Lake Front

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,962 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Sided Fireplace
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Recreation Room
  • Storage
  • Partially Carpeted
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Wauconda Elementary School
  • Wauconda Middle School
  • Wauconda Comm High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal, lake rights
  • 6 Units
  • Greg O'hara Association, Phone Number (847) 882-3708
  • Sunset Ridge Subdivision
  • Property managed by Associa Chicagoland

Amenities

  • Picnic Area
  • Common Area
  • Elevator

Recreation

  • Boat Dock

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,884

Year Built

Built in 2005

Lot Details

0

HOA Fees

$449 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Sunset Ridge
  • Year Built: 2005
  • Age: 16-20 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: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Storage, Walk-In Closet(s), Ceilings - 9 Foot, Some Carpeting
  • LivingArea: 2962
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Lake Front, Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • 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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 449
  • Association Amenities: Boat Dock, Elevator(s), Picnic Area, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Greg O'Hara
  • Management Phone: 847-882-3708
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Wauconda Elementary School
  • High School: Wauconda Comm High School
  • Middle/Junior School: Wauconda Middle School

Lot Info

  • Lot Dimensions: 36
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 15883.97
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Nov 10, 2023
Sold by
Nicolina Carabetta Revocable Trust
Bought by
Edward J Tabaczyk Declaration Of Trust and Tabaczyk
Seller's Agent
Victoria Donnowitz
Keller Williams Thrive
Buyer's Agent
Bridget Norman
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
109
Current Estimated Value
$674,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,065
Avg. Annual Appreciation
8.35%
Original Mortgage
$150,000
Outstanding Balance
$147,067
Interest Rate
7.15%
Mortgage Type
New Conventional
Estimated Equity
$507,004

Purchase Details

Closed on
Apr 19, 2006
Sold by
Aspen At Sunset Ridge Llc
Bought by
Carabetta Arsenio and Carabetta Nicolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edward J Tabaczyk Declaration Of Trust $550,000 Chicago Title
Carabetta Arsenio $460,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward J Tabaczyk Declaration Of Trust $150,000
Previous Owner Carabetta Arsenio $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $550,000 -8.2% $186 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $599,000 -- $202 / 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 $14,391 $160,233 $15,679 $144,554
2023 $14,391 $146,465 $14,332 $132,133
2022 $16,462 $150,870 $13,141 $137,729
2021 $15,780 $142,559 $12,417 $130,142
2020 $15,331 $135,874 $11,835 $124,039
2019 $13,666 $128,413 $11,185 $117,228
2018 $15,147 $131,675 $19,566 $112,109
2017 $15,254 $130,152 $19,340 $110,812
2016 $15,884 $137,050 $18,314 $118,736
2015 $15,045 $125,815 $16,813 $109,002
2014 $12,180 $108,364 $14,745 $93,619
2012 $11,835 $110,317 $15,011 $95,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11834907

Midwest Real Estate Data (MRED)

APN: 09-25-202-021