NOT LISTED FOR SALE

501 Oakwood Ave Unit 2B Lake Forest, IL 60045

Estimated Value: $859,000 - $982,000

3 Beds
2 Baths
1,904 Sq Ft
$784/mo HOA Fee

Last Sold November 18, 2014

Last sale price $490,000 $257 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,729/month

133 Days on Market

Highlights

  • Balcony
  • Attached Garage
  • Heated Garage
  • Sheridan Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of November 2014

Wonderful in-town 3 bedroom condo features parquet wood floors and 9 ft. ceilings. Beautiful living rm. w glass doors to spacious outdoor balcony overlooking Deerpath Inn gardens. Formal DR opens to updated kitchen w/ granite countertops & newer white appliances. Spacious laundry rm. w/ extra cabinets & storage. Large master bedrm. w/ private bath & huge walk-in closet. Fabulous location. Walk to everything!

Last Agent to Sell the Property

Lisa Trace

@properties Christie's International Real Estate License #475127633 Listed on: 05/05/2014

@properties Christie's International Real Estate

Last Buyer's Agent

Sharon Poisel

Baird & Warner License #471002619

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,143

Year Built

  • 1977

Lot Details

  • 2,352

HOA Fees

  • $784 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Balcony

Community Details

  • Common Area

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,143

Year Built

1977

Lot Details

0

HOA Fees

$784 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1977
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 24X22, On Level: Main Level, Flooring: Parquet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X8, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 20X12, On Level: Main Level, Flooring: Parquet
  • Kitchen Type: Dimensions: 8X16, On Level: Main Level, Flooring: Parquet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X12, On Level: Main Level, Flooring: Parquet
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1904
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 150 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Water
  • Assessment Association Fees: 784
  • Management Contact Name: Brian Begun
  • Management Phone: 847-724-7850

Fee Information

  • Management Company: Nimrod Realty Group

Schools

  • School District: 115
  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Lot Description: Common Grounds
  • Parcel Identification Number: 12331230090000

Multi Family

  • Total Number Unitsin Building: 15
  • Number Stories: 1

Tax Info

  • Taxes: 6334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Parasiuk Natalia and Parasiuk Alexander
Bought by
Parasiuk Natalia
Current Estimated Value
$918,559

Purchase Details

Closed on
Jun 25, 2020
Sold by
Parasiuk Alexander and Parasiuk Natalia
Bought by
Parasiuk Alexander and Parasiuk Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2014
Closed on
Oct 23, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Parasiuk Alexander
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Sharon Poisel
Baird & Warner
List Price
$539,000
Sold Price
$490,000
Premium/Discount to List
-$49,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$392,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2004
Sold by
Hershey George S and Hershey Catherine A
Bought by
Chicago Title Land Trust Co and Trust #1102372

Purchase Details

Closed on
Mar 27, 2003
Sold by
Decl Bischof Harrington and Decl Sophia Harrington Bischof
Bought by
Hershey George S and Hershey Catherine A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parasiuk Natalia -- None Listed On Document
Parasiuk Alexander -- Fidelity National Title
Parasiuk Alexander $490,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co -- --
Hershey George S $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parasiuk Alexander $395,000
Previous Owner Parasiuk Alexander $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2014 11/18/14 Sold $490,000 -9.1% $257 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $539,000 -- $283 / 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 $13,143 $235,215 $22,893 $212,322
2023 $10,016 $216,828 $21,103 $195,725
2022 $10,016 $171,882 $16,729 $155,153
2021 $9,735 $170,400 $16,585 $153,815
2020 $9,519 $171,343 $16,677 $154,666
2019 $9,042 $168,198 $16,371 $151,827
2018 $8,752 $173,907 $17,934 $155,973
2017 $8,603 $171,000 $17,634 $153,366
2016 $8,240 $162,764 $16,785 $145,979
2015 $8,134 $153,262 $15,805 $137,457
2014 $6,383 $125,913 $17,092 $108,821
2012 $6,334 $127,005 $17,240 $109,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08606717

Midwest Real Estate Data (MRED)

APN: 12-33-123-009