Seller's Agent in 2024
Crystal McCarthy
@ Properties
(847) 338-6414
1 in this area
59 Total Sales
Lotus Condominiums 5500 Lincoln Ave Unit 504W Morton Grove, IL 60053
Southwest Skokie Neighborhood
2
Beds
1
Bath
855
Sq Ft
$292/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Elevator
- Resident Manager or Management On Site
- Madison Elementary School Rated A-
- Living Room
- Laundry Room
About This Home
As of October 2024Don't Miss out on this Gorgeous 2-bedroom, 1-bathroom condo located in highly desirable Morton Grove. This Unit Features a large, light-filled open concept space with an all-white kitchen, complete with a Large Island that features a gorgeous waterfall quartz countertop, brand new vinyl wood floors throughout and a large primary bedroom with dual his and her closets. Additionally, there is a second bedroom that can also serve as an office space. The updated bathroom showcases today's high-end, modern finishes. The unit is situated in a well-managed elevator building with laundry facilities on every floor and TONS of storage. Tons of Parking in lot, garage parking is available on a waitlist. Nothing to do but move in!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475186108 Listed on: 09/09/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,570
Year Built
- Built in 1972 | Remodeled in 2024
HOA Fees
- $292 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 855 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Vinyl Flooring
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- Uncovered Parking
- On-Site Parking
- Parking Lot
- Parking Included in Price
Schools
- Park View Elementary School
- Niles West High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas
- 100 Units
- Martin Lum Association, Phone Number (847) 998-0404
- Property managed by NS Management, LLC
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Coin Laundry
- 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
Sep 9, 2024
Closed on
Oct 2, 2024
Sold by
Bulbuc Ted
Bought by
Fu Jing and Kang Ning
Seller's Agent
Crystal McCarthy
@properties Christie's International Real Estate
Buyer's Agent
Lili Xu
Baird & Warner
List Price
$215,000
Sold Price
$203,500
Premium/Discount to List
-$11,500
-5.35%
Views
64
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
$4,223
Avg. Annual Appreciation
1.37%
Purchase Details
Listed on
May 8, 2024
Closed on
Jun 12, 2024
Sold by
Gertrude Meyerowitz Irrevocable Trust and Kamin-Lewis Roberta
Bought by
Bulbuc Ted
Seller's Agent
David Korkoian
Redfin Corporation
Buyer's Agent
Liliana Lohan
Lohan Realty, Inc.
List Price
$119,900
Sold Price
$130,100
Premium/Discount to List
$10,200
8.51%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
304.71%
Original Mortgage
$126,100
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2015
Sold by
Kamin Lewis Roberta
Bought by
Gertrude Meyerowitz Irrevocable Trust
Purchase Details
Closed on
Feb 21, 2007
Sold by
Meyerowitz Gertrude
Bought by
Meyerowitz Gertrude and Meyerowitz Personal Trust
Purchase Details
Closed on
Aug 18, 2005
Sold by
Friedlander Carol A
Bought by
Meyerowitz Gertrude
Purchase Details
Closed on
Sep 14, 1998
Sold by
Zivin Marilynn
Bought by
Friedlander Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.02%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $203,500 | Proper Title | |
| Warranty Deed | $203,500 | Proper Title | |
| Warranty Deed | $130,500 | Citywide Title | |
| Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $157,000 | Multiple | |
| Warranty Deed | $80,500 | Centennial Title Incorporate |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,100 | New Conventional | |
| Previous Owner | $45,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Sold | $203,500 | -3.0% | $238 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 09/18/2024 09/18/24 | Price Changed | $209,900 | +0.4% | $245 / Sq Ft |
| 09/18/2024 09/18/24 | Price Changed | $209,000 | -2.8% | $244 / Sq Ft |
| 09/09/2024 09/09/24 | For Sale | $215,000 | +65.3% | $251 / Sq Ft |
| 06/14/2024 06/14/24 | Sold | $130,100 | +8.5% | $171 / Sq Ft |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- |
| 05/07/2024 05/07/24 | For Sale | $119,900 | -- | $157 / 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 | $1,703 | $11,864 | $1,116 | $10,748 |
| 2023 | -- | $11,864 | $1,116 | $10,748 |
| 2022 | $0 | $11,864 | $1,116 | $10,748 |
| 2021 | $129 | $9,373 | $686 | $8,687 |
| 2020 | $117 | $9,373 | $686 | $8,687 |
| 2019 | $116 | $10,474 | $686 | $9,788 |
| 2018 | $0 | $6,600 | $622 | $5,978 |
| 2017 | $0 | $6,600 | $622 | $5,978 |
| 2016 | $585 | $6,600 | $622 | $5,978 |
| 2015 | $661 | $6,547 | $536 | $6,011 |
| 2014 | $2,108 | $6,547 | $536 | $6,011 |
| 2013 | -- | $6,547 | $536 | $6,011 |
Source: Public Records
Agents Affiliated with this Home
-
Crystal McCarthy
-
David Korkoian
D
Seller's Agent in 2024
David Korkoian
Redfin Corporation
-
Lisa Sanders
Seller Co-Listing Agent in 2024
Lisa Sanders
Keller Williams ONEChicago
(773) 398-0378
1 in this area
294 Total Sales
-
Liliana Lohan
Buyer's Agent in 2024
Liliana Lohan
Lohan Realty, Inc.
6 in this area
61 Total Sales
-
Lili Xu
Buyer's Agent in 2024
Lili Xu
Baird Warner
(217) 898-0532
1 in this area
10 Total Sales
About Lotus Condominiums
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12159662
APN: 10-21-119-115-1084
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