Seller's Agent in 2024
Ann Lyon
@ Properties
(847) 828-9991
84 in this area
141 Total Sales
501 Oakwood Ave Unit 1D Lake Forest, IL 60045
Estimated Value: $768,000 - $864,603
2
Beds
2
Baths
1,500
Sq Ft
$1,003/mo
HOA Fee
Highlights
- Sun or Florida Room
- Formal Dining Room
- 1 Car Attached Garage
- Sheridan Elementary School Rated A
- Stainless Steel Appliances
- Built-In Features
About This Home
As of March 2024One of the most desirable buildings in the heart of downtown Lake Forest! This beautiful south facing first floor condo with exterior terrace and fenced courtyard has 1600 SF of finished space and has been completely updated by the current owner. Features include new finishes throughout, refinished engineered hardwood floors, a new electric fireplace with marble surround and wood mantle, 2 beautifully updated bathrooms with heated marble floors, a fabulous new kitchen with premium appliances, new lighting and additional decorative touches to the doors in the foyer and hallway with elegant smoked mirror panels. The first floor location is near both the garage and front door and has a wonderful fenced outdoor space with two private patios and exquisite gardens. The kitchen is open to the living and dining rooms with a breakfast bar counter. The living room has beautiful white built-ins with glass shelves and lower cabinets with a new television in the center above a new electric fireplace. One can access the lovely glass sunroom from the living room. The sunroom opens to the private outdoor oasis. The primary bedroom has a newly configured large walk-in custom closet with plenty of built-in drawers, shelves and hanging space and has a private hall to the brand-new bath which has a large walk-in marble shower, stunning marble floor, custom vanity with Kallista sink and a Kohler comfort height intelligent integrated bidet toilet. The second bedroom has a wall of deep closets with built-in drawers, shelves and hanging space and is directly across from the second remodeled hall bath, which has a Safestep walk-in jetted tub, new large painted marble top custom vanity, marble tile floor and a large linen closet. Close to the train, beach and all the wonderful restaurants and shops in Lake Forest, this gorgeous easy living condo has been done to perfection - move right in and enjoy!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475126499 Listed on: 02/02/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,263
Year Built
- Built in 1977 | Remodeled in 2023
Lot Details
- 2,047
HOA Fees
- $1,003 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,500 Sq Ft Home
- 3-Story Property
- Built-In Features
- Electric Fireplace
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Sun or Florida Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, scavenger, snow removal
- 15 Units
- Jessica Aponte Association, Phone Number (847) 866-7400
- Property managed by Heil, Heil, Smart & Golee
Amenities
- Common Area
- Community Storage Space
- Elevator
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
Mar 14, 2024
Sold by
Mary Dale Houston Trust and Houston Mary Dale
Bought by
Debbie Barnes Trust and Barnes
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Lori Baker
Compass
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
13
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
$20,868
Avg. Annual Appreciation
1.71%
Original Mortgage
$200,000
Outstanding Balance
$196,867
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$624,001
Purchase Details
Listed on
Mar 4, 2022
Closed on
Apr 28, 2022
Sold by
Thomas Hardy Dixon 1997 Revocable Trust and Dixon John W
Bought by
Mary Dale Houston Trust and Houston
Seller's Agent
Susan Amory Weninger
@properties Christie's International Real Estate
Buyer's Agent
Ann Lyon
@properties Christie's International Real Estate
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.55%
Purchase Details
Closed on
Oct 23, 2017
Sold by
Kledzik Diane Marie and Diane Kledzik Revocable Trust
Bought by
Thomas Hardy Dixon 1997 Revocable Trust
Purchase Details
Listed on
Jan 9, 2015
Closed on
Apr 10, 2015
Sold by
Waldeck Frank J and Waldeck James W
Bought by
The Diane Kledzik Revocable Trust
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Marina Carney
Compass
List Price
$475,000
Sold Price
$392,500
Premium/Discount to List
-$82,500
-17.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 1996
Sold by
Waldeck Patricia F
Bought by
Waldeck Patricia F
Purchase Details
Closed on
Aug 22, 1994
Sold by
Bate Marie C
Bought by
Waldeck Patricia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,060
Interest Rate
8.73%
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 |
|---|---|---|---|
| Debbie Barnes Trust | $800,000 | Chicago Title | |
| Mary Dale Houston Trust | $580,000 | Chicago Title | |
| Thomas Hardy Dixon 1997 Revocable Trust | $525,000 | Chicago Title | |
| The Diane Kledzik Revocable Trust | $392,500 | None Available | |
| Waldeck Patricia F | -- | -- | |
| Waldeck Patricia F | $377,500 | Chicago Title Insurance Co | |
| Bate Marie C | $372,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Debbie Barnes Trust | $200,000 | |
| Previous Owner | The Diane Kledzik Revocable Trust | $200,000 | |
| Previous Owner | Waldeck Patricia F | $200,060 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $800,000 | +0.1% | $533 / Sq Ft |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | For Sale | $799,000 | +37.8% | $533 / Sq Ft |
| 04/29/2022 04/29/22 | Sold | $580,000 | -7.2% | $387 / Sq Ft |
| 04/06/2022 04/06/22 | Pending | -- | -- | -- |
| 03/04/2022 03/04/22 | For Sale | $625,000 | +59.2% | $417 / Sq Ft |
| 04/10/2015 04/10/15 | Sold | $392,500 | -10.6% | $262 / Sq Ft |
| 03/12/2015 03/12/15 | Pending | -- | -- | -- |
| 02/09/2015 02/09/15 | Price Changed | $439,000 | -7.6% | $293 / Sq Ft |
| 01/09/2015 01/09/15 | For Sale | $475,000 | -- | $317 / Sq Ft |
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 | $10,825 | $195,260 | $19,804 | $175,456 |
| 2023 | $10,825 | $179,996 | $18,256 | $161,740 |
| 2022 | $8,253 | $142,685 | $14,472 | $128,213 |
| 2021 | $8,021 | $141,454 | $14,347 | $127,107 |
| 2020 | $7,843 | $142,236 | $14,426 | $127,810 |
| 2019 | $7,450 | $139,625 | $14,161 | $125,464 |
| 2018 | $7,138 | $142,948 | $15,514 | $127,434 |
| 2017 | $7,016 | $140,559 | $15,255 | $125,304 |
| 2016 | $6,717 | $133,789 | $14,520 | $119,269 |
| 2015 | $6,627 | $125,978 | $13,672 | $112,306 |
| 2014 | $5,164 | $99,000 | $13,439 | $85,561 |
| 2012 | $5,075 | $99,859 | $13,556 | $86,303 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Lyon
-
Lori Baker
Buyer's Agent in 2024
Lori Baker
Compass
(847) 863-1791
113 in this area
162 Total Sales
-
Alissa McNicholas
Buyer Co-Listing Agent in 2024
Alissa McNicholas
Compass
(847) 530-3098
105 in this area
159 Total Sales
-
Susan Amory Weninger
Seller's Agent in 2022
Susan Amory Weninger
@ Properties
(773) 882-6194
67 in this area
92 Total Sales
-
Lisa Trace
Seller's Agent in 2015
Lisa Trace
@ Properties
(708) 710-4104
110 in this area
182 Total Sales
-
Marina Carney
Buyer's Agent in 2015
Marina Carney
Compass
(847) 274-5566
130 in this area
175 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11971668
APN: 12-33-123-006
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