NOT LISTED FOR SALE

5503 E Lake Dr Unit A Lisle, IL 60532

Seven Bridges Neighborhood

Estimated Value: $136,000 - $208,000

1 Bed
1 Bath
670 Sq Ft
1,376,060 Sq Ft Lot

Last Sold November 13, 2018

Last sale price $95,000 $142 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,464/month

150 Days on Market

About This Home

As of November 2018

Major Price Reduction!! Perfect home for those who want 1st floor living** Clean, freshly painted condo with lake views** You'll love the exposed brick fireplace wall and the spacious living room** Enjoy the many amenities that Four Lakes has to offer, including multiple swim pools, near-by laundry facilities, the pub/restaurant, the ski hill and the convenience mart. NOT FHA APPROVED

Last Agent to Sell the Property

Scott McFarlan

Charles Rutenberg Realty of IL License #475133056 Listed on: 05/16/2018

Charles Rutenberg Realty of IL

Last Buyer's Agent

Jeff Stainer

RE/MAX Action License #475118334

RE/MAX Action

Property Details

Home Type

  • Condominium

Year Built

  • 1969

Lot Details

  • 31.59

HOA Fees

  • $247 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Space Is On A Transferrable Lease
  • Parking Included in Price

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1969

Lot Details

31.59 Acres

HOA Fees

$247 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1969
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1969

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 21X11, On Level: Main Level, Flooring: Other
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 10X8, On Level: Main Level, Flooring: Other
  • Kitchen Type: Dimensions: 8X7, On Level: Main Level, Flooring: Other
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 670

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Transferrable Lease

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 150
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Gas
  • Assessment Association Fees: 247
  • Management Contact Name: homer simpson
  • Management Phone: 630-971-9191

Fee Information

  • Management Company: Four Lakes Village Condo Assn #1

Schools

  • Junior High Dist: 68

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0815105221

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 1936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Nov 13, 2018
Sold by
Riedy Michael E
Bought by
Hamilton Scott J and Hamilton Kimberley
Seller's Agent
Scott McFarlan
Charles Rutenberg Realty of IL
Buyer's Agent
Jeff Stainer
RE/MAX Action
List Price
$101,900
Sold Price
$95,000
Premium/Discount to List
-$6,900
-6.77%
Current Estimated Value
$176,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,574
Avg. Annual Appreciation
8.82%
Original Mortgage
$71,250
Outstanding Balance
$63,354
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$113,220

Purchase Details

Closed on
Jul 30, 2012
Sold by
Atg Trust Company
Bought by
Riedy Michael E

Purchase Details

Closed on
Aug 30, 2005
Sold by
Riedy Michael E
Bought by
Downers Grove National Bank and Trust #01-056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,665
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 23, 2005
Sold by
Downers Grove National Bank
Bought by
Riedy Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,665
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2004
Sold by
Riedys Tee Time Inc
Bought by
Downers Grove National Bank and Trust #01-056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2003
Sold by
Riedy Patrick R
Bought by
Riedy Patrick R and Patrick R Riedy Sr Revocable Trust

Purchase Details

Closed on
Feb 26, 1999
Sold by
Riedy Patrick R
Bought by
Riedys Tee Time Inc

Purchase Details

Closed on
Apr 30, 1998
Sold by
Galloway Jerry E and Galloway Gayle L
Bought by
Riedy Patrick R

Purchase Details

Closed on
Oct 4, 1996
Sold by
Sykes Monica L
Bought by
Galloway Jerry E and Galloway Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993
Sold by
Reeve Laura J and Turk Patrick
Bought by
Sykes Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hamilton Scott J -- Citywide Title Corporation
Riedy Michael E -- None Available
Downers Grove National Bank -- First American Title
Riedy Michael E -- First American Title
Downers Grove National Bank $72,500 Git
Riedy Patrick R -- --
Riedys Tee Time Inc -- --
Riedy Patrick R $72,000 --
Galloway Jerry E $71,000 --
Sykes Monica L $50,000 Intercounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Scott J $71,250
Previous Owner Riedy Michael E $74,665
Previous Owner Downers Grove National Bank $80,000
Previous Owner Galloway Jerry E $55,000
Previous Owner Sykes Monica L $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold $95,000 -6.8% $142 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $101,900 +0.9% $152 / Sq Ft
09/26/2018 09/26/18 Price Changed $101,000 -0.9% $151 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $101,900 0.0% $152 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $101,900 -2.9% $152 / Sq Ft
08/11/2018 08/11/18 Price Changed $104,900 -4.5% $157 / Sq Ft
07/07/2018 07/07/18 Price Changed $109,900 -6.0% $164 / Sq Ft
06/12/2018 06/12/18 Price Changed $116,900 -2.5% $174 / Sq Ft
05/16/2018 05/16/18 For Sale $119,900 -- $179 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,574 $45,439 $8,130 $37,309
2023 $3,438 $41,470 $7,420 $34,050
2022 $2,931 $35,280 $6,310 $28,970
2021 $2,823 $33,940 $6,070 $27,870
2020 $2,778 $33,330 $5,960 $27,370
2019 $2,699 $31,890 $5,700 $26,190
2018 $2,011 $22,940 $4,100 $18,840
2017 $1,960 $22,160 $3,960 $18,200
2016 $1,936 $21,360 $3,820 $17,540
2015 $1,915 $20,120 $3,600 $16,520
2014 $1,901 $19,400 $3,470 $15,930
2013 $1,939 $20,260 $3,620 $16,640
Source: Public Records

Agents Affiliated with this Home

  • Scott McFarlan

    Seller's Agent in 2018

    Scott McFarlan

    Charles Rutenberg Realty of IL

    (630) 738-2775

    1 in this area

    8 Total Sales

    Scott McFarlan
    Section Image
  • Jeff Stainer

    Buyer's Agent in 2018

    Jeff Stainer

    RE/MAX

    (630) 865-8530

    9 in this area

    219 Total Sales

    Jeff Stainer
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09952762

Midwest Real Estate Data (MRED)

APN: 08-15-105-221

Illinois DuPage County Lisle 60532 Seven Bridges

5503 E Lake Dr Unit A, Lisle, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.