Seller's Agent in 2023
Cara Feld
@ Properties
(847) 962-4006
1 in this area
10 Total Sales
Cambridge on the Lake 50 Lake Blvd Unit 655 Buffalo Grove, IL 60089
South Buffalo Grove NeighborhoodEstimated Value: $248,000 - $258,000
2
Beds
2
Baths
1,450
Sq Ft
$538/mo
HOA Fee
Highlights
- Fitness Center
- In Ground Pool
- Main Floor Bedroom
- Wheeling High School Rated A
- Clubhouse
- Granite Countertops
About This Home
As of June 2023Welcome Home to Cambridge on the Lake! Enjoy a maintenance free lifestyle and this fantastic condo which boasts a wonderful floor plan perfect for both entertaining and everyday living. The Chateau model with hexagonal foyer welcomes you to this bright and spacious 2 bed, 2 bath unit. The condo has a living room large enough for two sitting areas, a lovely fireplace and a custom buffet. The light eat-in kitchen has granite countertops and a large pantry. Separate dining room opens into living room. The primary bedroom has four closets, an en-suite with granite countertops and soaking tub. The second bedroom has two closets and is being used as a den. Hall bathroom has a walk-in shower and large vanity. This condo includes a stackable washer and dryer, new HVAC system, new built-in microwave, and tons of storage. Just steps away from the lobby door you find a picturesque lake, the clubhouse, pool, exercise room, cardroom, billiard room, large party room with kitchen and so much more. One assigned garage space and storage space are included. New roof on building. Close to shopping, restaurants, and highways.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,666
Year Built
- Built in 1980
Lot Details
- 1.09
HOA Fees
- $538 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Handicap Parking
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,450 Sq Ft Home
- 4-Story Property
- Gas Log Fireplace
- Drapes & Rods
- Blinds
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Door Monitored By TV
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Partially Carpeted
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Halls are 36 inches wide or more
- Accessibility Features
- Other Main Level Modifications
- More Than Two Accessible Exits
- Ramp on the main level
Outdoor Features
- In Ground Pool
- Patio
- Outdoor Grill
Schools
- Booth Tarkington Elementary Scho
- Jack London Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- TV Antenna
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 80 Units
- Lori Gordon Association, Phone Number (847) 520-3033
- Cambridge On The Lake Subdivision, Chateau Floorplan
- Property managed by First Service Residential
Amenities
- Clubhouse
- Party Room
- Lobby
- Community Storage Space
- Elevator
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2023
Closed on
Jun 14, 2023
Sold by
Steven M Grad Trust
Bought by
Lambert Julianne
Seller's Agent
Cara Feld
@properties Christie's International Real Estate
Buyer's Agent
Kim Alden
Compass
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Views
87
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
$28,484
Avg. Annual Appreciation
4.93%
Purchase Details
Listed on
Feb 15, 2016
Closed on
May 9, 2016
Sold by
Gibson James and Gibson Deborah
Bought by
Grad Steven M and Steven M Grad Trust
Seller's Agent
Mary Rice
RE/MAX AllStars
Buyer's Agent
Cara Feld
@properties Christie's International Real Estate
List Price
$149,900
Sold Price
$130,500
Premium/Discount to List
-$19,400
-12.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Purchase Details
Listed on
Jan 22, 2013
Closed on
May 23, 2013
Sold by
Federal Home Loan Mtg Corp
Bought by
Gibson Deborah and Gibson James
Seller's Agent
Patti Furman
Coldwell Banker Realty
Buyer's Agent
Sandra Shemroske
American Brokers Realty, Inc.
List Price
$117,500
Sold Price
$102,750
Premium/Discount to List
-$14,750
-12.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$72,750
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 2, 2012
Sold by
The Barbara Degraff Condominium Trust
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jan 26, 2001
Sold by
Wagner Paul and Wagner Joseph
Bought by
Degraff Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
7.22%
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 |
|---|---|---|---|
| Lambert Julianne | $225,000 | Proper Title | |
| Grad Steven M | $130,500 | Precision Title | |
| Gibson Deborah | $103,000 | -- | |
| Gibson Deborah | $103,000 | -- | |
| Gibson Deborah | $103,000 | -- | |
| Federal Home Loan Mortgage Corporation | -- | None Available | |
| Degraff Barbara | $138,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gibson Deborah | $72,750 | |
| Previous Owner | Degraff Sheldon | $150,000 | |
| Previous Owner | Degraff Barbara | $124,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2023 06/20/23 | Sold | $225,000 | +2.3% | $155 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $219,900 | +68.5% | $152 / Sq Ft |
| 05/26/2016 05/26/16 | Sold | $130,500 | -9.9% | $90 / Sq Ft |
| 04/21/2016 04/21/16 | Pending | -- | -- | -- |
| 03/12/2016 03/12/16 | Price Changed | $144,900 | -3.3% | $100 / Sq Ft |
| 02/15/2016 02/15/16 | For Sale | $149,900 | +45.9% | $103 / Sq Ft |
| 05/15/2013 05/15/13 | Sold | $102,750 | -1.7% | -- |
| 03/27/2013 03/27/13 | Pending | -- | -- | -- |
| 03/18/2013 03/18/13 | Price Changed | $104,500 | -11.1% | -- |
| 01/22/2013 01/22/13 | For Sale | $117,500 | -- | -- |
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 | $5,059 | $15,807 | $476 | $15,331 |
| 2023 | $4,867 | $15,807 | $476 | $15,331 |
| 2022 | $4,867 | $15,807 | $476 | $15,331 |
| 2021 | $4,666 | $13,208 | $105 | $13,103 |
| 2020 | $4,541 | $13,208 | $105 | $13,103 |
| 2019 | $4,539 | $14,661 | $105 | $14,556 |
| 2018 | $3,642 | $10,576 | $92 | $10,484 |
| 2017 | $3,575 | $10,576 | $92 | $10,484 |
| 2016 | $3,322 | $10,576 | $92 | $10,484 |
| 2015 | $3,423 | $10,077 | $224 | $9,853 |
| 2014 | $3,367 | $10,077 | $224 | $9,853 |
| 2013 | $3,112 | $10,077 | $224 | $9,853 |
Source: Public Records
Agents Affiliated with this Home
-
Cara Feld
-
Kim Alden
Buyer's Agent in 2023
Kim Alden
Compass
(847) 254-5757
14 in this area
1,497 Total Sales
-
Mary Rice
Seller's Agent in 2016
Mary Rice
RE/MAX
(847) 254-8363
9 in this area
14 Total Sales
-
Patti Furman
Seller's Agent in 2013
Patti Furman
Coldwell Banker Realty
(847) 724-5800
1 in this area
218 Total Sales
-
Sandra Shemroske
Buyer's Agent in 2013
Sandra Shemroske
American Brokers Realty, Inc.
(847) 381-1822
6 Total Sales
About Cambridge on the Lake
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11781815
APN: 03-09-200-027-1055
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