NOT LISTED FOR SALE

500 Lake View Ave Unit 1B Highwood, IL 60040

Estimated Value: $267,565 - $310,000

2 Beds
2 Baths
1,013 Sq Ft
$225/mo HOA Fee

Last Sold September 30, 2014

Last sale price $188,500 $186 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,252/month

185 Days on Market

Highlights

  • Main Floor Bedroom
  • Stainless Steel Appliances
  • Attached Garage
  • Wayne Thomas Elementary School Rated A
  • Balcony
  • 3-minute walk to Robert McClory Path

About This Home

As of September 2014

Fantastic condo in downtown Highwood! Updated kitchen & baths, including soft close wood cabinets & drawers, granite countertops & ss appliances. Pergo wood floors throughout, new blinds & fresh paint. Laundry in unit. Sliding doors from LR & master BR to large private balcony. Storage & parking in heated garage/ addt'l parking by permit on street. Walk to town/train/restaurants/Lake & Ft. Sheridan Nature Preserve

Last Agent to Sell the Property

Kiki Clark

Jameson Sotheby's International Realty License #471005224 Listed on: 02/18/2014

Jameson Sotheby's International Realty

Last Buyer's Agent

Kiki Clark

Jameson Sotheby's International Realty License #471005224 Listed on: 02/18/2014

Jameson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,268

Year Built

  • 1988

Lot Details

  • 958

HOA Fees

  • $225 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • Storage
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Balcony
  • East or West Exposure

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,268

Year Built

1988

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1988
  • Type Attached: Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1988

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1013

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Tar and Gravel
  • Exterior Property Features: Balcony
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK
  • Common Area Amenities: Elevator, Storage, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 225
  • Management Contact Name: Lakeview Condo Association
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: Lakeview Condo Association

Schools

  • School District: 113
  • Elementary School: OAK TERRACE ELEMENTARY SCHOOL
  • Middle School: NORTHWOOD JUNIOR HIGH SCHOOL
  • High School: HIGHLAND PARK HIGH SCHOOL
  • Junior High Dist: 112

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 16152100200000

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 3926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Lancioni Joseph
Bought by
Joseph Lancioni Revocable Living Trust
Total Days on Market
185
Current Estimated Value
$284,141

Purchase Details

Closed on
Mar 20, 2023
Sold by
Hoyne Travis J
Bought by
Lancioni Joseph

Purchase Details

Listed on
Feb 18, 2014
Closed on
Sep 30, 2014
Sold by
Alaimo Fred and Alaimo Andrea Lynn
Bought by
Hoyne Travis J
Seller's Agent
Kiki Clark
Jameson Sotheby's International Realty
Buyer's Agent
Kiki Clark
Jameson Sotheby's International Realty
List Price
$219,000
Sold Price
$188,500
Premium/Discount to List
-$30,500
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$150,800
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Alaimo Fred
Bought by
Alaimo Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,900
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
Venturi Victor C and Estate Of Jean Venturi
Bought by
Alaimo Fred R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1995
Sold by
Faught Jean Mary Venturi and Venturi Charlotte Rose
Bought by
Venturi Jean and Venturi Jean T
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
Joseph Lancioni Revocable Living Trust -- None Listed On Document
Lancioni Joseph $230,000 Fidelity National Title
Hoyne Travis J $188,500 Fort Dearborn Title
Alaimo Fred $168,000 None Available
Alaimo Fred R $178,000 Chicago Title Insurance Co
Venturi Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoyne Travis J $150,800
Previous Owner Alaimo Fred $157,900
Previous Owner Alaimo Fred R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $188,500 -3.3% $186 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
05/23/2014 05/23/14 Price Changed $195,000 -6.7% $192 / Sq Ft
04/28/2014 04/28/14 Price Changed $209,000 -4.6% $206 / Sq Ft
02/18/2014 02/18/14 For Sale $219,000 -- $216 / 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 $5,268 $77,937 $3,508 $74,429
2023 $5,274 $70,251 $3,162 $67,089
2022 $5,274 $66,628 $3,601 $63,027
2021 $4,869 $64,406 $3,481 $60,925
2020 $4,756 $64,406 $3,481 $60,925
2019 $4,618 $64,105 $3,465 $60,640
2018 $4,393 $63,739 $3,794 $59,945
2017 $4,340 $63,371 $3,772 $59,599
2016 $4,152 $60,330 $3,591 $56,739
2015 $4,030 $56,053 $3,336 $52,717
2014 $3,927 $48,990 $3,378 $45,612
2012 $3,830 $49,276 $3,398 $45,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08539570

Midwest Real Estate Data (MRED)

APN: 16-15-210-020