$217,000
SOLD JAN 21, 2025

502 Redondo Dr Unit 210 Downers Grove, IL 60516

2 Beds
1.5 Baths
1,011 Sq Ft
$287/mo HOA Fee

Recently Sold

$215 Per Sq Ft

4% Below List Price

83 Days on Market

Highlights

  • Lock-and-Leave Community
  • Elevator
  • 1 Car Attached Garage
  • Prairieview Elementary School Rated A-
  • Balcony
  • Laundry Room

About This Home

As of January 2025

Come bring your personal touches to this 2nd floor end unit with 1.1 baths and a southern exposure in the sought after Lake in the Woods complex. Multiple sliding glass doors from living room and both bedrooms to the massive 210 sf balcony. Elevator building, with one heated garage parking space and storage unit included. Washer & dryer are in unit. Complex is close to the highway for an easy commute as well as shopping and schools in close proximity.

Last Agent to Sell the Property

Rick Williams

Kale Realty License #471016511 Listed on: 09/12/2024

Kale Realty

Last Buyer's Agent

Jonathan Darin

Coldwell Banker Real Estate Group License #475138794

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1969

HOA Fees

  • $287 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,011 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Elizabeth Ide Elementary School
  • Lakeview Junior High School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Wayne Association, Phone Number (630) 588-9500
  • Lake In The Woods Subdivision
  • Property managed by RED BRICK MANAGEMENT CO
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,113

Year Built

Built in 1969

Lot Details

0

HOA Fees

$287 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
  • Subdivision Name: Lake in the Woods
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 1011
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 1011
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1011
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt,Shared
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 287
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: RED BRICK MANAGEMENT CO
  • Management Contact Name: WAYNE
  • Management Phone: 630-588-9500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Elizabeth Ide Elementary School
  • High School: South High School
  • Middle/Junior School: Lakeview Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1113
  • Tax Year: 2016
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Jan 15, 2025
Sold by
Goldberg Gary
Bought by
Verklan Susan E
Seller's Agent
Rick Williams
Kale Realty
Buyer's Agent
Jonathan Darin
Coldwell Banker Real Estate Group
List Price
$224,900
Sold Price
$217,000
Premium/Discount to List
-$7,900
-3.51%
Views
1
Current Estimated Value
$225,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,222
Avg. Annual Appreciation
5.02%

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jul 30, 2018
Sold by
Marquette Bank
Bought by
Goldberg Gary
Seller's Agent
Vincent Scarpelli
VAS Real Estate, Inc.
Buyer's Agent
Rose Hoffmann
Baird & Warner
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$79,950
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 1996
Sold by
Suva Richard L and Suva Janet L S
Bought by
Marquette National Bank
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 Type Sale Price Title Company
Warranty Deed $217,000 None Listed On Document
Deed -- Attorneys Title Guaranty Fun
Warranty Deed $88,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,950 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2025 01/21/25 Sold $217,000 -3.5% $215 / Sq Ft
12/05/2024 12/05/24 For Sale $224,900 0.0% $222 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $224,900 +82.8% $222 / Sq Ft
07/31/2018 07/31/18 Sold $123,000 -3.1% $122 / Sq Ft View Prior Sale
06/25/2018 06/25/18 Pending -- -- --
06/21/2018 06/21/18 Price Changed $126,900 -2.3% $126 / Sq Ft
06/12/2018 06/12/18 For Sale $129,900 -- $128 / 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 $2,334 $57,436 $9,040 $48,396
2023 $2,171 $52,800 $8,310 $44,490
2022 $2,128 $47,520 $7,480 $40,040
2021 $1,936 $46,970 $7,390 $39,580
2020 $1,892 $46,040 $7,240 $38,800
2019 $1,808 $44,180 $6,950 $37,230
2018 $1,114 $38,920 $6,120 $32,800
2017 $1,312 $34,580 $5,890 $28,690
2016 $1,113 $33,000 $5,620 $27,380
2015 $1,170 $31,050 $5,290 $25,760
2014 $1,259 $32,470 $5,530 $26,940
2013 $1,286 $32,310 $5,500 $26,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12162933

Midwest Real Estate Data (MRED)

APN: 09-32-218-023