NOT LISTED FOR SALE

500 Lake View Ave Unit 2B Highwood, IL 60040

Highwood Neighborhood

Estimated Value: $291,303 - $298,000

2 Beds
2 Baths
1,013 Sq Ft
$300/mo HOA Fee

Last Sold November 30, 2022

Last sale price $255,000 $252 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,352/month

33 Days on Market

Highlights

  • Elevator
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Wayne Thomas Elementary School Rated A
  • Balcony
  • 3-minute walk to Robert McClory Path

About This Home

As of November 2022

Bright open floor plan condo with 2 large Bedrooms, 2 Baths and 2 Balconies in elevator building. New high quality windows and sliding doors, replaced 2021. Updated white Kitchen with 6 foot quartz topped island with room for seating, Stainless Steel appliances, deep farmhouse sink and updated lighting. Kitchen opens to spacious light filled Living Room. Freshly painted neutral decor throughout with hardwood floors in living areas. 2 balconies for private outdoor living space. Primary bedroom has large walk in closet and en suite bath. In unit full size washer and dryer. Small dog or cat allowed. Storage unit and one parking spot in heated garage and ample outdoor street parking. Conveniently located in the heart of Highwood, close to train, shopping, restaurants, bike path, Ft Sheridan Nature Preserve and all that vibrant Highwood has to offer!

Last Agent to Sell the Property

Sally Wood

Berkshire Hathaway HomeServices Chicago License #475164261 Listed on: 09/04/2022

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Valerie Wood

Berkshire Hathaway HomeServices Chicago License #475187468

Last Buyer's Agent

Janet Borden

Compass License #471004095

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 1986 | Remodeled in 2019

Lot Details

  • 958

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,013 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Electric Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Wayne Thomas Elementary School
  • Northwood Junior High School
  • Highland Park High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Debbie Ask Association, Phone Number (941) 486-0012
  • Property managed by Lakeview Condo Association

Amenities

  • Elevator
  • Community Storage Space

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

$4,869

Year Built

Built in 1986 | Remodeled in 2019

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 Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Decorative
  • Fireplaces: 1
  • LivingArea: 1013
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1013
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 245000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 300
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Lakeview Condo Association
  • Management Contact Name: Debbie Ask
  • Management Phone: 941-486-0012
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Wayne Thomas Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Northwood Junior High School
  • Middle/Junior School District: 112
  • Elementary School #2: Oak Terrace Elementary School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

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: 4869.02
  • Tax Year: 2021

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Nov 28, 2022
Sold by
Smith Ryan and Smith Brittany
Bought by
Giardina Timothy W and Giardina Lisa N
Seller's Agent
Sally Wood
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Janet Borden
Compass
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
163
Current Estimated Value
$295,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,076
Avg. Annual Appreciation
5.10%
Original Mortgage
$229,500
Outstanding Balance
$224,234
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$67,981

Purchase Details

Closed on
Jun 30, 2017
Sold by
Dutka Kathleen A
Bought by
Smith Ryan and Hoerdeman Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Dombrowski Christopher
Bought by
Dutka Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2002
Sold by
Scornavacco Anthony and Scornavacco Alexander
Bought by
Dombrowski Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 26, 1999
Sold by
Scornavacco Ellen N
Bought by
Scornavacco Ellen N and Scornavacco Anthony

Purchase Details

Closed on
Mar 22, 1999
Sold by
Lee Peter C
Bought by
Scornavacco Ellen N

Purchase Details

Closed on
Mar 17, 1999
Sold by
Lee Peter C
Bought by
Lee Peter C and Virginia Lee Revocable Trust

Purchase Details

Closed on
Oct 10, 1995
Sold by
Nbd Bank
Bought by
Lee Virginina M

Purchase Details

Closed on
Sep 22, 1995
Sold by
Soohen James and Soohen Phyllis
Bought by
Teresi Wendy and May Clayton
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
Giardina Timothy W $255,000 Chicago Title
Smith Ryan $210,000 Greater Metropolitan Title L
Dutka Kathleen A $186,000 Ticor Title Insurance Compan
Dombrowski Christopher $150,000 --
Scornavacco Ellen N -- --
Scornavacco Ellen N $117,000 --
Lee Peter C -- --
Lee Peter C -- --
Lee Peter C -- --
Lee Virginina M -- Republic Title Company
Teresi Wendy -- Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giardina Timothy W $229,500
Previous Owner Smith Ryan $168,000
Previous Owner Dutka Kathleen A $167,530
Previous Owner Dutka Kathleen A $168,000
Previous Owner Dutka Kathleen A $163,983
Previous Owner Dutka Kathleen A $166,590
Previous Owner Dutka Kathleen A $167,400
Previous Owner Dombrowski Christopher D $121,500
Previous Owner Dombrowski Christopher $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $255,000 +4.1% $252 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $245,000 -7.5% $242 / Sq Ft
09/26/2022 09/26/22 Price Changed $265,000 -3.6% $262 / Sq Ft
09/04/2022 09/04/22 For Sale $275,000 -- $271 / 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 $5,322 $78,644 $3,508 $75,136
2023 $5,274 $70,889 $3,162 $67,727
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 $3,449 $48,990 $3,378 $45,612
2012 $3,381 $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: 11621330

Midwest Real Estate Data (MRED)

APN: 16-15-210-024