$173,000
SOLD SEP 9, 2024

5985 Lakeside Place Unit 303 Tinley Park, IL 60477

Lancaster Woods Neighborhood
2 Beds
2 Baths
1,000 Sq Ft
$271/mo HOA Fee

Recently Sold

$173 Per Sq Ft

13% Below List Price

24 Days on Market

About This Home

As of September 2024

Remodeled Penthouse with newer Kitchen and Bath! Valuted ceilings, in Unit Laundry, Double sided Fireplace, Large Balcony, a MUST SEE!

Last Agent to Sell the Property

Ayad Hussesin

Infiniti Properties, Inc. License #475153960 Listed on: 07/24/2024

Infiniti Properties, Inc.

Last Buyer's Agent

Michael Davis

Hoff, Realtors License #475178288

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1981 | Remodeled in 2022

HOA Fees

  • $271 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Poc Association, Phone Number (708) 430-1148
  • Property managed by CK Property Management

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,513

Year Built

Built in 1981 | Remodeled in 2022

Lot Details

0

HOA Fees

$271 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: 1981
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 185000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 271
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: CK Property Management
  • Management Contact Name: POC
  • Management Phone: 708-430-1148
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 146

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 3513
  • Tax Year: 2022

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 6, 2024
Sold by
A & M Condos Llc
Bought by
Stonesifer Jakob A
Seller's Agent
Ayad Hussesin
Infiniti Properties, Inc.
Buyer's Agent
Michael Davis
Hoff, Realtors
List Price
$199,900
Sold Price
$173,000
Premium/Discount to List
-$26,900
-13.46%
Total Days on Market
24
Views
79
Current Estimated Value
$178,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,775
Avg. Annual Appreciation
1.93%
Original Mortgage
$147,050
Outstanding Balance
$146,352
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$29,042

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 27, 2024
Sold by
A & M Condos Llc
Bought by
A & M Condos Llc
Seller's Agent
Ayad Hussesin
Infiniti Properties, Inc.
Buyer's Agent
Michael Davis
Hoff, Realtors
List Price
$199,900
Sold Price
$173,000
Premium/Discount to List
-$26,900
-13.46%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,050
Outstanding Balance
$146,352
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$29,042

Purchase Details

Closed on
Jul 7, 2023
Sold by
Rentech Llc
Bought by
Omar

Purchase Details

Closed on
Apr 27, 2018
Sold by
Guo Remn Min and Guo Yanjin
Bought by
Rentech Llc

Purchase Details

Closed on
Oct 21, 2014
Sold by
Fannie Mae
Bought by
Guo Remn Min and Guo Yan Jin

Purchase Details

Closed on
May 24, 2013
Sold by
Judicial Sales Corp and Landry Jeanette
Bought by
Federal Natl Mtg Assn
Source: Public Records

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Range of Values:

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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 $173,000 Old Republic Title
Quit Claim Deed -- Old Republic Title
Warranty Deed $144,000 First American Title
Quit Claim Deed -- None Available
Special Warranty Deed -- Ct
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,050 New Conventional
Previous Owner $195,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $173,000 -6.5% $173 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $185,000 -7.5% $185 / Sq Ft
07/25/2024 07/25/24 For Sale $199,900 +200.6% $200 / Sq Ft
01/27/2015 01/27/15 Sold $66,500 +9.0% $53 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $61,000 -- $48 / 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 $3,513 $14,114 $981 $13,133
2023 $3,513 $14,114 $981 $13,133
2022 $3,513 $8,073 $1,541 $6,532
2021 $3,433 $8,072 $1,540 $6,532
2020 $3,328 $8,072 $1,540 $6,532
2019 $3,416 $8,240 $1,470 $6,770
2018 $3,367 $8,240 $1,470 $6,770
2017 $3,385 $8,240 $1,470 $6,770
2016 $2,435 $5,696 $1,260 $4,436
2015 $2,378 $5,696 $1,260 $4,436
2014 $2,550 $6,175 $1,260 $4,915
2013 $3,020 $8,109 $1,260 $6,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12120675

Midwest Real Estate Data (MRED)

APN: 28-29-200-015-1027