NOT LISTED FOR SALE

Estimated Value: $824,000 - $1,085,000

3 Beds
2.5 Baths
3,221 Sq Ft
$1,032/mo HOA Fee

Last Sold July 28, 2016

Last sale price $824,750 $256 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,469/month

20 Days on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Central Air
  • Indian Trail Elementary School Rated A
  • Resident Manager or Management On Site
  • Dining Room

About This Home

As of July 2016

Over 3,200 square feet. Light and bright with SE exposure. Walk to downtown HP with restaurants, shopping, theater, train station, library, etc. Welcoming oval entry hall with marble flooring. Spectacular living area - grand space for easy entertaining. Island kitchen with granite counters, abundant cabinetry and top line appliances. Generously-sized master suite with large walk-in closet, marble master bath, separate shower, whirlpool and double vanity. Great storage and fitted closets throughout. Largest private terrace in the building. Two indoor heated garage spots included.

Last Agent to Sell the Property

Deanne Nissen

@properties Christie's International Real Estate License #475124367 Listed on: 03/15/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Maxine Goldberg

Engel & Voelkers Chicago North Shore License #475123002

Engel & Voelkers Chicago North Shore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,048

Year Built

  • Built in 1991

Lot Details

  • 3,223

HOA Fees

  • $1,032 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,221 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Lincoln Elementary School
  • Edgewood Middle School
  • Highland Park High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, tv/cable
  • 34 Units
  • Schwartzback Cahlman Association, Phone Number (847) 432-1500
  • Terraces Of Mulberry Subdivision
  • Property managed by Schwartzback Cahlman

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,048

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,032 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: TERRACES OF MULBERRY
  • Year Built: 1991
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 3221
  • Room Type: No additional rooms
  • Stories Total: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 849000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 1032
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Schwartzback Cahlman
  • Management Contact Name: Schwartzback Cahlman
  • Management Phone: 847-432-1500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, TV/Cable

Schools

  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • High School: HIGHLAND PARK HIGH SCHOOL
  • Middle/Junior School: EDGEWOOD MIDDLE SCHOOL
  • Middle/Junior School District: 112

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 16047.78
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jul 18, 2016
Sold by
Lipsich Michael P and Lipsich Joyce D
Bought by
Peaceman Alan M and Peaceman Karen L
Seller's Agent
Deanne Nissen
@properties Christie's International Real Estate
Buyer's Agent
Maxine Goldberg
Engel & Voelkers Chicago North Shore
List Price
$849,000
Sold Price
$824,750
Premium/Discount to List
-$24,250
-2.86%
Current Estimated Value
$951,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,932
Avg. Annual Appreciation
1.57%
Original Mortgage
$618,550
Outstanding Balance
$486,336
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$465,346

Purchase Details

Closed on
Dec 18, 2013
Sold by
Lipsich Todd and Cin Lisa L
Bought by
Lipsich Todd P and Lipsich Michael P

Purchase Details

Closed on
Sep 14, 2010
Sold by
Lipsich Todd
Bought by
Lipsich Todd and Cin Lisa L

Purchase Details

Closed on
Dec 6, 1999
Sold by
Lipsich Michael P and Lipsich Joyce D
Bought by
Lipsich Michael P and Lipsich Joyce D

Purchase Details

Closed on
May 20, 1996
Sold by
Lasalle National Trust Na
Bought by
Lipsich Michael P and Lipsich Joyce D
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Peaceman Alan M $824,750 Acquest Title Services Llc
Lipsich Todd P -- None Available
Lipsich Todd -- None Available
Lipsich Michael P -- --
Lipsich Todd -- --
Lipsich Todd -- --
Lipsich Michael P $550,000 Collar Counties Title Plant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peaceman Alan M $618,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $824,750 -2.9% $256 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $849,000 -- $264 / 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 $16,459 $217,018 $23,123 $193,895
2023 $13,957 $195,618 $20,843 $174,775
2022 $13,957 $160,987 $22,898 $138,089
2021 $12,860 $155,618 $22,134 $133,484
2020 $12,444 $155,618 $22,134 $133,484
2019 $17,716 $225,377 $22,030 $203,347
2018 $17,281 $232,824 $24,127 $208,697
2017 $17,011 $231,482 $23,988 $207,494
2016 $16,399 $220,375 $22,837 $197,538
2015 $15,890 $204,752 $21,218 $183,534
2014 $15,790 $198,818 $21,487 $177,331
2012 $15,359 $199,978 $21,612 $178,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09166368

Midwest Real Estate Data (MRED)

APN: 16-26-202-040