$66,500
SOLD JAN 27, 2015

5985 Lakeside Place Unit 303 Tinley Park, IL 60477

Lancaster Woods Neighborhood
2 Beds
2 Baths
1,260 Sq Ft
$215/mo HOA Fee

Recently Sold

$53 Per Sq Ft

9% Above List Price

18 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Storage
  • Walk-In Pantry
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

LOVELY 3RD FLOOR CONDO IN EDGEWATER WALK.UNIT HAS 2 BDRMS, 2 BTHRMS, A FIREPLACE, BALCONY, AND BIG STORAGE UNIT. ENJOY THE LAKE/BEACH & TENNIS COURT. GORGEOUS NATURE SCENERY! ONE LOOK & YOU'LL WANT TO CALL THIS PLACE HOME. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER RESPONSIBLE FOR ANY/ALL VILLAGE REQUIREMENTS, INSPECTIONS. PROPERTY SOLD SUBJECT TO 24 CFR 206.125 SELLER DOES NOT PROVIDE SURVEY/TERMITE INSPECTION.

Last Agent to Sell the Property

Jim Kennedy

Kennedy Connection Realtors Listed on: 08/11/2014

Last Buyer's Agent

Kimberly Neill

Real Broker, LLC License #475155768

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,513

Year Built

  • 1981

HOA Fees

  • $215 per month

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Home Security

Parking

  • Parking Available
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,513

Year Built

1981

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1981
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1981

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: Main Level
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X7, On Level: Main Level
  • Dining Room: Dimensions: 14X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 1260
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Street, Visitor Parking
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage, Security Door Locks, Tennis Court/s
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 215
  • Management Contact Name: DONNA
  • Management Phone: 708-425-8700

Fee Information

  • Management Company: ERICKSON MANAGEMENT

Schools

  • School District: 228
  • Junior High Dist: 145

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 28292000151027

Multi Family

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

Tax Info

  • Taxes: 3020.45

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
18
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

Range of Values:

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Average Value
Not Available
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 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: MRD08698464

Midwest Real Estate Data (MRED)

APN: 28-29-200-015-1027