NOT LISTED FOR SALE

500 Lake View Ave Unit 2D Highwood, IL 60040

Highwood Neighborhood

Estimated Value: $321,963 - $345,000

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

Last Sold September 22, 2022

Last sale price $301,000 $262 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,613/month

5 Days on Market

Highlights

  • End Unit
  • Granite Countertops
  • Stainless Steel Appliances
  • Wayne Thomas Elementary School Rated A
  • Formal Dining Room
  • 3-minute walk to Robert McClory Path

About This Home

As of September 2022

Beautifully renovated corner unit condo with an elevator in the heart of Highwood! This bright end unit was completely rehabbed between 2019-2021. One of the largest floor plans with a separate dining room. Open kitchen with granite counters, SS appliances, custom cabinetry and a large farm sink. Primary suite with full bath, walk-in closet, and access to covered balcony. 2nd bedroom, 2nd full bath, in-unit full size laundry. Living room features built-in shelving, electric fireplace and wall of windows. Large covered balcony with sliding glass doors from living room and primary bedroom. Parking in heated garage and storage unit included. All mechanicals and appliances were new in 2019/2020. Close to town, train, restaurants, shopping, entertainment, bike paths, Lake Michigan and Fort Sheridan Nature Preserve. Enjoy life in this wonderful condo and ideal location in Highwood!

Last Agent to Sell the Property

Ted Pickus

@properties Christie's International Real Estate License #475129667 Listed on: 08/06/2022

@properties Christie's International Real Estate

Co-Listed By

Aaron Walsh

@properties Christie's International Real Estate License #475177550

Last Buyer's Agent

Ivelina Stoyanova

HomeSmart Connect LLC License #475132693

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,083

Year Built

  • Built in 1986 | Remodeled in 2019

Lot Details

  • 1,133

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

  • 1,149 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Electric Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating Available
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Community Storage Space
  • Elevator

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

$5,083

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, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Decorative
  • Fireplaces: 1
  • Interior Amenities: Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Drapes/Blinds, Granite Counters, Separate Dining Room
  • LivingArea: 1149
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1149
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1149
  • Fireplace Location: Living Room
  • Total Sq Ft: 1149
  • Main Level Sq Ft: 1149
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, End Unit, Cable Access
  • List Price: 300000
  • 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 Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Electric
  • Laundry Features: In Unit
  • 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: No
  • 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, 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: 5083
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Smits Linda and Smits Bruce
Bought by
2024 Smits Family Trust and Smits
Current Estimated Value
$332,491

Purchase Details

Listed on
Aug 6, 2022
Closed on
Sep 15, 2022
Sold by
Brainerd Brenda B
Bought by
Smits Linda and Smits Bruce
Seller's Agent
Ted Pickus
@properties Christie's International Real Estate
Buyer's Agent
Ivelina Stoyanova
HomeSmart Connect LLC
List Price
$300,000
Sold Price
$301,000
Premium/Discount to List
$1,000
0.33%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%

Purchase Details

Listed on
Dec 3, 2018
Closed on
Feb 19, 2019
Sold by
Atwell Karli and Russell Kael
Bought by
Brainerd Brenda
Seller's Agent
Kiki Clark
Jameson Sotheby's International Realty
Buyer's Agent
Julie Morse
@properties Christie's International Real Estate
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Russell Thomas E
Bought by
Russell Thomas E and Atwell Karli

Purchase Details

Closed on
May 7, 2007
Sold by
Russell Thomas E and Poeta Domenic
Bought by
Russell Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 1999
Sold by
Venturi Marco
Bought by
Poeta Thomas E and Poeta Domenic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
2024 Smits Family Trust -- None Listed On Document
Smits Linda $301,000 Chicago Title
Brainerd Brenda $200,000 Fort Dearborn Title
Russell Thomas E -- None Available
Russell Thomas E -- Premier Title
Poeta Thomas E $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Thomas E $65,000
Previous Owner Poeta Thomas E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $301,000 +0.3% $262 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $300,000 +50.0% $261 / Sq Ft
02/25/2019 02/25/19 Sold $200,000 -8.7% $174 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $219,000 -- $191 / 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 $6,028 $87,893 $4,126 $83,767
2023 $5,505 $79,226 $3,719 $75,507
2022 $5,505 $69,283 $4,085 $65,198
2021 $5,083 $66,973 $3,949 $63,024
2020 $4,965 $66,973 $3,949 $63,024
2019 $4,821 $66,660 $3,931 $62,729
2018 $5,044 $72,296 $4,304 $67,992
2017 $4,984 $71,879 $4,279 $67,600
2016 $4,771 $68,430 $4,074 $64,356
2015 $4,636 $63,579 $3,785 $59,794
2014 $3,976 $55,569 $3,833 $51,736
2012 $3,896 $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: 11485495

Midwest Real Estate Data (MRED)

APN: 16-15-210-026