NOT LISTED FOR SALE

500 Lake View Ave Unit 1A Highwood, IL 60040

Estimated Value: $278,275 - $319,000

2 Beds
2 Baths
1,149 Sq Ft
$300/mo HOA Fee

Last Sold March 07, 2022

Last sale price $220,000 $191 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,405/month

30 Days on Market

Highlights

  • Main Floor Bedroom
  • Formal Dining Room
  • Walk-In Closet
  • Wayne Thomas Elementary School Rated A
  • 1 Car Attached Garage
  • 3-minute walk to Robert McClory Path

About This Home

As of March 2022

Light and bright 2 bedroom / 2 bath end unit in Elevator building. Larger floor plan with separate dining room / home office. Spacious kitchen opens to sun-filled living room with sliding door to large covered balcony facing east. Private primary suite with walk-in closet and sliders to balcony. Second bedroom off back hallway. In-unit laundry. Storage and parking in underground heated garage. Brand new windows and sliding door. So close to...town, shopping, entertainment, train, restaurants, bike and walking paths, Lake Michigan and Fort Sheridan Nature Preserve. Enjoy all that Highwood has to offer!! Easy living in this secure condo in the heart of Highwood! Pets Welcome.

Last Agent to Sell the Property

Kiki Clark

Jameson Sotheby's International Realty License #471005224 Listed on: 12/14/2021

Jameson Sotheby's International Realty

Co-Listed By

Polly Richardson

Jameson Sotheby's International Realty License #475159834

Last Buyer's Agent

Sonia Madden

@properties Christie's International Real Estate License #475146589

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1986

Lot Details

  • 1,133

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,149 Sq Ft Home
  • 4-Story Property
  • ENERGY STAR Qualified Windows
  • Blinds
  • Aluminum Window Frames
  • Living Room
  • Formal Dining Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Oak Terrace Elementary School
  • Northwood Junior High School
  • Highland Park High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,578

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 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
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Some Window Treatmnt, Drapes/Blinds, Separate Dining Room
  • LivingArea: 1149
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1149
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: ENERGY STAR Qualified Doors,Sliding Doors
  • Window Features: Aluminum Frames,ENERGY STAR Qualified Windows

Exterior Features

  • List Price: 229000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: None
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Oak Terrace Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Northwood Junior High School
  • Middle/Junior School District: 112

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 2577.54
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 25, 2022
Sold by
Gerald E Rogala Revocable Trust
Bought by
Baker Emily Jo
Seller's Agent
Kiki Clark
Jameson Sotheby's International Realty
Buyer's Agent
Sonia Madden
@properties Christie's International Real Estate
Sold Price
$220,000
Total Days on Market
30
Current Estimated Value
$293,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,569
Avg. Annual Appreciation
9.12%
Original Mortgage
$176,000
Outstanding Balance
$165,745
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$126,880

Purchase Details

Closed on
Oct 29, 2013
Sold by
Rogala Gerald E
Bought by
Rogala Gerald E and Gerald E Rogala Revocable Trus

Purchase Details

Closed on
Jul 2, 2003
Sold by
Bertucci Bruce J
Bought by
Rogala Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1994
Sold by
Bertucci Kathy Fay
Bought by
Bertucci Bruce J
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
Baker Emily Jo $220,000 Fluri James E
Rogala Gerald E -- None Available
Rogala Gerald E $190,000 --
Bertucci Bruce J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Emily Jo $176,000
Previous Owner Rogala Gerald E $75,167
Previous Owner Rogala Gerald E $90,000
Previous Owner Bertucci Bruce J $161,000
Previous Owner Bertucci Bruce J $91,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $220,000 -3.9% $191 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/11/2022 01/11/22 For Sale -- -- --
12/23/2021 12/23/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $229,000 -- $199 / 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 $5,553 $81,671 $4,126 $77,545
2023 $5,617 $73,617 $3,719 $69,898
2022 $5,617 $75,573 $4,085 $71,488
2021 $2,639 $73,053 $3,949 $69,104
2020 $2,578 $73,053 $3,949 $69,104
2019 $2,479 $72,712 $3,931 $68,781
2018 $2,416 $72,296 $4,304 $67,992
2017 $2,395 $71,879 $4,279 $67,600
2016 $2,419 $68,430 $4,074 $64,356
2015 $2,549 $63,579 $3,785 $59,794
2014 $2,523 $55,569 $3,833 $51,736
2012 $2,443 $55,893 $3,855 $52,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11286572

Midwest Real Estate Data (MRED)

APN: 16-15-210-019