Seller's Agent in 2024
Elizabeth Wieneke
Compass
(847) 732-4039
1 in this area
108 Total Sales
Cambridge on the Lake 50 Lake Blvd Unit 607 Buffalo Grove, IL 60089
South Buffalo Grove NeighborhoodEstimated Value: $274,000 - $294,090
2
Beds
2
Baths
1,850
Sq Ft
$677/mo
HOA Fee
Highlights
- Waterfront
- L-Shaped Dining Room
- 1 Car Attached Garage
- Wheeling High School Rated A
- Den
- Entrance Foyer
About This Home
As of May 2024Enjoy maintenance free living in this spacious, sun drenched 2-BR plus den condo in the sought-after Cambridge on The Lake. This first floor unit offers an abundance of natural light with panoramic views of the lake. As you enter you are greeted by an expansive center foyer that leads to a generous living room with double windows framing the tranquil lake views. The gas start fireplace with a marble surround and Brazilian cherry floors create a cozy ambiance, perfect for unwinding or entertaining. The adjoining dining room, illuminated by a lovely chandelier, provides a seamless flow for gatherings. A beautifully updated eat-in kitchen features ample cabinets, stainless appliances, granite counters w/ custom backsplash, a pantry closet and a tucked-away stackable washer and dryer, ensuring convenience and practicality. A double door to a large den connects it to the living room and offers a versatile space that's perfect as a home office, additional bedroom or a cozy TV room. The primary suite is a retreat in itself, boasting cherry floors, a walk-in closet plus a reach-in closet, and a full bath complete with a tub/shower. Generously sized 2nd bedroom and the den share a 2nd full size bathroom with a walk-in tub. Additional highlights include two storage lockers conveniently located on the same floor and a parking space (2nd from the elevator) in a heated garage, a bike room and additional laundry facility in the building. The complex offers wonderful amenities that include a clubhouse with an indoor swimming pool, sundeck, exercise facilities, billiard room, large meeting/ party room with fireplace, catering kitchen and a lovely walking path around the lake. New roof in 2023. Assessments include heat, water, garbage, snow removal, landscaping and clubhouse. This condo's prime location ensures easy access to shopping, dining, and entertainment, catering to your every need.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,067
Year Built
- Built in 1980 | Remodeled in 2018
Lot Details
- Waterfront
HOA Fees
- $677 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,850 Sq Ft Home
- 4-Story Property
- Entrance Foyer
- Living Room with Fireplace
- L-Shaped Dining Room
- Den
- Laundry closet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Booth Tarkington Elementary Scho
- Jack London Middle School
- Buffalo Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include heat, water, gas, parking, clubhouse, pool
- 64 Units
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2024
Closed on
Mar 26, 2024
Sold by
Derfler Christopher C and Derfler Iris A
Bought by
Kocylowski Jerzy W and Kocylowski Anna
Seller's Agent
Elizabeth Wieneke
Compass
Buyer's Agent
Greg Koza
HomeSmart Connect LLC
List Price
$259,000
Sold Price
$259,000
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,773
Avg. Annual Appreciation
7.63%
Original Mortgage
$207,200
Outstanding Balance
$203,855
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$80,918
Purchase Details
Closed on
Apr 12, 2018
Sold by
Korer Howard F and Korer Rita S
Bought by
Korer Howard F and Korer Rita S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 10, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Korer Howard F and Korer Rita S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kocylowski Jerzy W | $259,000 | None Listed On Document | |
| Korer Howard F | -- | Fidelity National Title | |
| Korer Howard F | $237,500 | Ticor |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kocylowski Jerzy W | $75,312 | |
| Closed | Kocylowski Jerzy W | $75,312 | |
| Open | Kocylowski Jerzy W | $207,200 | |
| Previous Owner | Korer Howard F | $164,000 | |
| Previous Owner | Korer Howard F | $50,000 | |
| Previous Owner | Korer Howard F | $50,000 | |
| Previous Owner | Chicago Title & Trust Company | $100,798 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $259,000 | 0.0% | $140 / Sq Ft |
| 03/02/2024 03/02/24 | Pending | -- | -- | -- |
| 02/26/2024 02/26/24 | For Sale | $259,000 | -- | $140 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,595 | $20,325 | $613 | $19,712 |
| 2023 | $1,737 | $20,325 | $613 | $19,712 |
| 2022 | $1,737 | $20,325 | $613 | $19,712 |
| 2021 | $1,941 | $16,983 | $136 | $16,847 |
| 2020 | $1,759 | $16,983 | $136 | $16,847 |
| 2019 | $1,751 | $18,851 | $136 | $18,715 |
| 2018 | $2,317 | $13,598 | $119 | $13,479 |
| 2017 | $1,882 | $13,598 | $119 | $13,479 |
| 2016 | $2,520 | $13,598 | $119 | $13,479 |
| 2015 | $2,864 | $12,958 | $289 | $12,669 |
| 2014 | $2,758 | $12,958 | $289 | $12,669 |
| 2013 | $2,030 | $12,958 | $289 | $12,669 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Wieneke
-
Greg Koza
Buyer's Agent in 2024
Greg Koza
HomeSmart Connect LLC
(773) 510-0294
1 in this area
51 Total Sales
About Cambridge on the Lake
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11988972
APN: 03-09-200-027-1007
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