$665,000
SOLD APR 18, 2025

405 Lake Ave Unit F Wauconda, IL 60084

3 Beds
3.5 Baths
2,285 Sq Ft
$505/mo HOA Fee

Recently Sold

$291 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Mature Trees
  • Beach Access
  • Landscaped Professionally
  • Deck

About This Home

As of April 2025

Experience lakeside luxury at Sunset Ridge, a premier waterfront condo community on the serene shores of Bangs Lake in Wauconda, Illinois. Enjoy stunning panoramic views and embrace the beauty of lakefront living. Built in 2006, this three-story home features 3 bedrooms and 3.5 bathrooms. Expansive cedar decks on every floor invite you to take in the spectacular sunset views and enjoy complete privacy, while a large awning on the main deck offers a shaded outdoor retreat. A lush, wooded side yard creates even more seclusion, enhancing the peaceful, natural atmosphere. The upgraded interior is designed for effortless lakeside living, combining comfort, entertainment, and maintenance-free convenience. On the main floor, an open-concept living area welcomes you with sweeping lake views, a sleek gas fireplace, and a modern kitchen. Outfitted with granite countertops, stainless steel appliances, a spacious pantry, and a breakfast nook with lake views, the kitchen is perfect for casual dining or entertaining. Upstairs, the master suite is a true retreat, with a wall of windows overlooking the lake and a private deck that's perfect for enjoying your morning coffee. The master bath is designed for luxury, featuring a quartz countertop and a walk-in shower. The versatile second bedroom can serve as a home office or a guest room, offering flexibility to suit your needs. On the lower level, you'll find a perfect space for entertainment, complete with a wet bar, a workout area, a full bath, and a guest bedroom. The property includes a spacious 2-car garage and a large private driveway, providing ample parking and convenience. Take advantage of exclusive water rights, including private beach access for swimming, boating, kayaking, and fishing. You can also lease a boat or jet ski slip for easy lake exploration and adventure. Opportunities like this are rare-don't let this lakeside paradise slip away. Schedule your private showing today and start living your waterfront dream!

Last Agent to Sell the Property

Chris Peters

Coldwell Banker Realty License #475123390 Listed on: 03/03/2025

Coldwell Banker Realty

Co-Listed By

Katherine Patton

Coldwell Banker Realty License #475151453

Last Buyer's Agent

Ryan Pavey

Baird & Warner License #475192491

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,906

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Property is adjacent to nature preserve
  • End Unit
  • Partially Fenced Property
  • Wood Fence
  • Landscaped Professionally
  • Sprinkler System
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Family or Dining Combination
  • Recreation Room
  • Water Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Beach Access
  • Tideland Water Rights
  • Lake Privileges
  • Balcony
  • Deck
  • Porch

Utilities

  • Central Air
  • Cooling System Powered By Gas
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, snow removal, lake rights
  • 6 Units
  • Greg O'hara Association, Phone Number (847) 822-3708
  • Property managed by Associa Chicagoland

Amenities

  • Common Area

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,906

Year Built

Built in 2006

Lot Details

0

HOA Fees

$505 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Purifier, Gas Cooktop, Electric Oven, Humidifier
  • Basement: Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), High Ceilings, Granite Counters
  • LivingArea: 2285
  • Other Equipment: Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Water Heater-Gas
  • Room Type: Foyer, Recreation Room
  • Stories Total: 2
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2184
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding, Stone
  • ExteriorFeatures: Balcony, Lighting
  • Fencing: Partial, Wood
  • Foundation Details: Concrete Perimeter
  • List Price: 650000
  • Lot Features: Common Grounds, Corner Lot, Nature Preserve Adjacent, Landscaped, Water Rights, Wooded, Rear of Lot, Mature Trees, Backs to Trees/Woods
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Asphalt
  • View: Water
  • Waterfront Features: Beach Access, Lake Front, Lake Privileges, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Gas
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Baseboard
  • Laundry Features: Upper Level, Gas Dryer Hookup, In Unit, Sink
  • Utilities: Cable Available
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 505
  • Association Amenities: Bike Room/Bike Trails
  • Association Fee Frequency: Monthly
  • Community Features: Sidewalks, Street Lights
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Greg O'Hara
  • Management Phone: 847-822-3708
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 118

Lot Info

  • Lot Dimensions: COMMON
  • 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: 12905.5
  • Tax Year: 2023

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Apr 17, 2025
Sold by
Kallimanes Henry J and Kallimanes Marilyn K
Bought by
Dadic Selma
Seller's Agent
Chris Peters
Coldwell Banker Realty
Buyer's Agent
Ryan Pavey
Baird & Warner
List Price
$650,000
Sold Price
$665,000
Premium/Discount to List
$15,000
2.31%
Views
50
Current Estimated Value
$662,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,841
Avg. Annual Appreciation
-11.51%
Original Mortgage
$631,750
Outstanding Balance
$631,750
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$7,725

Purchase Details

Listed on
Jul 21, 2015
Closed on
Aug 18, 2015
Sold by
Hooker Larry W and The Larry W Hooker Trust
Bought by
Kallimanes Henry J and Kallimanes Marilyn R
Seller's Agent
Pam Zaverdas
@properties Christie's International Real Estate
Buyer's Agent
Leonora Burkhart
RE/MAX of Barrington
List Price
$439,000
Sold Price
$397,500
Premium/Discount to List
-$41,500
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$298,125
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2013
Sold by
Hooker Larry W
Bought by
Hooker Larry W and Larry W Hooker Trust

Purchase Details

Closed on
Jun 6, 2008
Sold by
Aspen At Sunset Ridge Llc
Bought by
Hooker Larry W
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 Type Sale Price Title Company
Warranty Deed $665,000 None Listed On Document
Deed $397,500 Baird & Warner Title Svcs In
Interfamily Deed Transfer -- None Available
Special Warranty Deed $327,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $631,750 New Conventional
Previous Owner $268,000 New Conventional
Previous Owner $298,125 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $665,000 +2.3% $291 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $650,000 +63.5% $284 / Sq Ft
08/19/2015 08/19/15 Sold $397,500 -9.5% $174 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $439,000 -- $192 / 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 $12,026 $142,647 $13,210 $129,437
2023 $12,026 $130,390 $12,075 $118,315
2022 $12,903 $124,246 $10,627 $113,619
2021 $12,331 $117,402 $10,042 $107,360
2020 $11,949 $111,897 $9,571 $102,326
2019 $10,624 $105,752 $9,045 $96,707
2018 $13,631 $124,532 $16,495 $108,037
2017 $13,622 $123,092 $16,304 $106,788
2016 $14,447 $130,649 $15,439 $115,210
2015 $14,342 $119,938 $14,173 $105,765
2014 $10,972 $92,308 $12,430 $79,878
2012 $10,617 $93,971 $12,654 $81,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12302150

Midwest Real Estate Data (MRED)

APN: 09-25-202-022