NOT LISTED FOR SALE

540 W Lodge Trail Unit D Wheeling, IL 60090

Estimated Value: $210,000 - $310,000

2 Beds
1.5 Baths
1,100 Sq Ft
$225/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $180,000 $164 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,886/month

23 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • 2 Car Direct Access Garage
  • Wheeling High School Rated A
  • Tennis Courts
  • Park

About This Home

As of January 2024

Welcome to Tahoe Village! This charming 2-story townhouse offers a warm and inviting atmosphere from the moment you step inside. The spacious living room and dining area provide the perfect setting for relaxation and entertaining. The main level boasts ash grey wood laminate flooring. As you ascend to the second level, you'll find professionally cleaned carpet flooring. The convenience of in-unit laundry located upstairs adds an extra layer of practicality to your daily routine. This home comes with a host of special features, including newly painted kitchen cabinets, The roof and insulation were updated in 2014, along with the windows. The laminate flooring on the main level was added in 2017. NEST thermostat. Additional upgrades include a water heater installed in 2015 and a dishwasher added in the same year. Enjoy the benefits of living in a well-managed association with easy access to amenities such as a park, pool, tennis courts, and clubhouse-all within walking distance. The community is complemented by award-winning schools, making it an ideal location for families. With nearby transportation options, this townhouse provides both convenience and accessibility. 2 assigned parking spaces plus plenty of guest parking. Association covers Roof and owner is responsible for insurance for inside only. Rental is at CAP now with a waiting list so owner occupants offers please . NOT FHA approved. Pets are welcome. AS-IS sale however owner will provide 12 month home warranty.

Last Agent to Sell the Property

Kinga Korpacz

Exit Realty Redefined License #475141596 Listed on: 12/02/2023

Exit Realty Redefined

Last Buyer's Agent

Asim Ali

EXIT Strategy Realty License #475192905

EXIT Strategy Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1977

Lot Details

  • 47.51

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Additional Parking
  • Uncovered Parking
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Location

  • Property is near a bus stop

Schools

  • Booth Tarkington Elementary Scho
  • Jack London Middle School
  • Wheeling High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include pool, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Michael Coen Association, Phone Number (847) 392-7637
  • Tahoe Village Subdivision
  • Property managed by Tahoe Village Condominium Association

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,201

Year Built

Built in 1977

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Tahoe Village
  • Year Built: 1977
  • Age: 41-50 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Second Floor Laundry
  • LivingArea: 1100
  • Other Equipment: CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 180000
  • Lot Features: Common Grounds
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Parking Features: Assigned, Visitor Parking, Driveway, Additional Parking, Direct Access
  • ParkingTotal: 2
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 170
  • Association Amenities: Park, Pool, Tennis Court(s), Clubhouse, Public Bus, School Bus
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Tahoe Village Condominium Association
  • Management Contact Name: Michael Coen
  • Management Phone: 847-392-7637
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Pool, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Booth Tarkington Elementary Scho
  • High School: Wheeling High School
  • Middle/Junior School: Jack London Middle School
  • Middle/Junior School District: 21
  • Junior High/Middle School #2: Buffalo Grove High School
  • Junior High/Middle School #2: Oliver W Holmes Middle School
  • Elementary School #2: Eugene Field Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 3200.52
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Jan 22, 2024
Sold by
Naved Nahay
Bought by
Sheikh Ununul
Seller's Agent
Kinga Korpacz
Exit Realty Redefined
Buyer's Agent
Asim Ali
EXIT Strategy Realty
List Price
$180,000
Sold Price
$180,000
Views
295
Current Estimated Value
$247,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,070
Avg. Annual Appreciation
20.36%
Original Mortgage
$126,000
Outstanding Balance
$123,143
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$123,066

Purchase Details

Listed on
Mar 9, 2021
Closed on
Aug 11, 2021
Sold by
Vazquez Carlos M and Avina Yecenia
Bought by
Naved Nahay
Seller's Agent
Diego Valdes
RE/MAX NEXT
Buyer's Agent
Kinga Korpacz
Exit Realty Redefined
List Price
$154,999
Sold Price
$140,000
Premium/Discount to List
-$14,999
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$135,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2015
Closed on
Sep 22, 2015
Sold by
Kart Irene
Bought by
Vazquez Carlos M and Avina Yecenia
Seller's Agent
Gary Aver
Realta Real Estate
Buyer's Agent
Andrew Malak
Keller Williams Thrive
List Price
$122,900
Sold Price
$123,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$7,500
Interest Rate
3.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 21, 1998
Sold by
Roman Suzanne L and Cajendig Suzanne L
Bought by
Kart Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
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
Sheikh Ununul $180,000 Saturn Title
Naved Nahay $140,000 Attorney
Vazquez Carlos M $123,000 Proper Title Llc
Kart Irene $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheikh Ununul $126,000
Previous Owner Naved Nahay $135,800
Previous Owner Vazquez Carlos M $115,497
Previous Owner Kart Irene $82,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $180,000 0.0% $164 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $180,000 0.0% $164 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/11/2023 12/11/23 Price Changed $180,000 -2.7% $164 / Sq Ft
12/05/2023 12/05/23 Price Changed $185,000 -5.1% $168 / Sq Ft
12/02/2023 12/02/23 For Sale $194,999 +39.3% $177 / Sq Ft
08/13/2021 08/13/21 Sold $140,000 -9.7% $127 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $154,999 0.0% $141 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $154,999 +26.0% $141 / Sq Ft
10/15/2015 10/15/15 Sold $123,000 +0.1% $112 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $122,900 -- $112 / 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 $4,884 $14,574 $828 $13,746
2023 $4,658 $14,574 $828 $13,746
2022 $4,658 $14,574 $828 $13,746
2021 $3,168 $11,880 $460 $11,420
2020 $3,168 $11,880 $460 $11,420
2019 $3,201 $13,197 $460 $12,737
2018 $2,064 $9,090 $368 $8,722
2017 $2,043 $9,090 $368 $8,722
2016 $2,200 $9,090 $368 $8,722
2015 $1,706 $7,411 $1,380 $6,031
2014 $1,683 $7,411 $1,380 $6,031
2013 $1,534 $7,411 $1,380 $6,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11940639

Midwest Real Estate Data (MRED)

APN: 03-09-308-096-1061