NOT LISTED FOR SALE

5501 E Lake Dr Unit 1D Lisle, IL 60532

Seven Bridges Neighborhood

Estimated Value: $181,000 - $238,000

1 Bed
1 Bath
670 Sq Ft
$309/mo HOA Fee

Last Sold November 21, 2023

Last sale price $160,000 $239 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,617/month

8 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Community Pool
  • Goodrich Elementary School Rated 9+
  • Clubhouse
  • Tennis Courts

About This Home

As of November 2023

STUNNING WATERFRONT 1BD, 1BA CONDO IN HIGHLY SOUGHT AFTER FOUR LAKES VILLAGE!! Condo has been recently renovated and features floor to ceiling sliding doors overlooking the lake, exposed brick wall, wood burning fireplace, and new wood laminate flooring throughout. Unit has a huge balcony to relax on and observe nature. Modern countertops and gorgeous maple cabinets grace the kitchen along with in-unit washer/ dryer combo. Condo also includes one off-street assigned parking spot and a storage locker. Newer furnace, a/c, window and doors. New floor to ceiling mirrored closet doors in the bedroom. Investor friendly building! Conveniently located within minutes of Downtown Lisle and expressways. Prepare to enjoy the Four Lakes life including on site pub, pool, tennis, volleyball, skiing, paddle boats, walking paths and more!! Fridge will be installed before closing.

Last Agent to Sell the Property

Katie O'Brien

Suburban Life Realty, Ltd License #475177795 Listed on: 10/05/2023

Last Buyer's Agent

Patricia Murray

Berkshire Hathaway HomeServices Chicago License #471007121

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1980

Lot Details

  • 31.59

HOA Fees

  • $309 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 670 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring
  • Water Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Goodrich Elementary School
  • Thomas Jefferson Junior High Sch
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Any Association, Phone Number (630) 971-9191
  • Property managed by Four Lakes Village Condo No. 1

Amenities

  • Restaurant
  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,531

Year Built

Built in 1980

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan
  • LivingArea: 670
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Mirrored Closet Door(s),Sliding Glass Door(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street, Parking Lot
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 309
  • Association Amenities: Storage, Pool, Restaurant, Tennis Court(s), Clubhouse, Water View
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Four Lakes Village Condo No. 1
  • Management Contact Name: Any
  • Management Phone: 630-971-9191
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Goodrich Elementary School
  • High School: North High School
  • Middle/Junior School: Thomas Jefferson Junior High Sch

Lot Info

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

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2530.68
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 6, 2023
Sold by
Hatami Homes Series Llc Series A
Bought by
Schoenecker Krysta
Seller's Agent
Katie O'Brien
Suburban Life Realty, Ltd
Buyer's Agent
Patricia Murray
Berkshire Hathaway HomeServices Chicago
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
91
Current Estimated Value
$201,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,418
Avg. Annual Appreciation
11.30%
Original Mortgage
$144,000
Outstanding Balance
$141,714
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$59,704

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 9, 2023
Sold by
Robert E Delaney Self-Declaration Of Tru
Bought by
Hatami Homes Series Llc Series A
Seller's Agent
Nathan Stillwell
john greene, Realtor
Buyer's Agent
Nathan Stillwell
john greene, Realtor
List Price
$143,900
Sold Price
$135,000
Premium/Discount to List
-$8,900
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.92%

Purchase Details

Closed on
Jun 22, 2021
Sold by
Kochalka Michael John
Bought by
Delaney Kavin M and Robert Delaney Declaration Of

Purchase Details

Closed on
Oct 12, 2007
Sold by
Sponder John R
Bought by
Kochalka Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Schoenecker Krysta $160,000 None Listed On Document
Hatami Homes Series Llc Series A $135,000 --
Delaney Kavin M $120,000 Stewart Title
Kochalka Michael John $120,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoenecker Krysta $144,000
Previous Owner Kochalka Michael John $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2023 11/21/23 Sold $160,000 -3.0% $239 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $165,000 +22.2% $246 / Sq Ft
03/14/2023 03/14/23 Sold $135,000 -6.2% $201 / Sq Ft View Prior Sale
02/03/2023 02/03/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $143,900 -- $215 / 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 $3,064 $46,951 $8,382 $38,569
2023 $2,889 $42,850 $7,650 $35,200
2022 $2,531 $36,460 $6,510 $29,950
2021 $2,419 $35,080 $6,260 $28,820
2020 $2,371 $34,450 $6,150 $28,300
2019 $2,281 $32,960 $5,880 $27,080
2018 $1,552 $23,710 $4,230 $19,480
2017 $1,495 $22,910 $4,090 $18,820
2016 $1,458 $22,080 $3,940 $18,140
2015 $1,408 $20,790 $3,710 $17,080
2014 $1,377 $20,050 $3,580 $16,470
2013 $1,430 $20,940 $3,740 $17,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11899759

Midwest Real Estate Data (MRED)

APN: 08-15-105-232