Village on the Lake 700 Wellington Ave Unit 307 Elk Grove Village, IL 60007
Elk Grove Village East NeighborhoodEstimated Value: $227,560 - $238,000
2
Beds
2
Baths
1,150
Sq Ft
$498/mo
HOA Fee
Highlights
- Pool House
- Landscaped Professionally
- Lock-and-Leave Community
- Elk Grove High School Rated A
- Mature Trees
- 5-minute walk to Marshall Park
About This Home
As of July 2023Meticulously maintained large 2 bdr 2 bth condo in the heart of Elk Grove Village! Hardwood floor is allowed now! Association dues include basic cable, high speed internet, water, heat, central air, cooking gas, lake rights and more. Building amenities include an outdoor pool, tennis courts, social room & walking paths around both private lakes and access to Bike Paths to Busse Woods. Unit comes with a storage unit , 2 outdoor spots and a bike room on the 1st floor. Laundry room on 2nd and 4th floor. Conveniently located near shopping, restaurants, Alexian Brothers Hospital, park district facilities and expressways! Agent owned.
Last Agent to Sell the Property
Sylvia Stanoeva License #471019826 Listed on: 05/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,175
Year Built
- Built in 1975 | Remodeled in 2016
Lot Details
- Landscaped Professionally
- Mature Trees
- Zero Lot Line
HOA Fees
- $498 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,150 Sq Ft Home
- Drapes & Rods
- Blinds
- Family Room
- Combination Dining and Living Room
- Intercom
- Laundry Room
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Visitor Parking
- Parking Included in Price
- Unassigned Parking
Outdoor Features
- Pool House
- Pond
Schools
- Salt Creek Elementary School
- Grove Junior High School
- Elk Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, tv/cable, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights, internet
- 94 Units
- Jamey Association, Phone Number (847) 228-0555
- Village On The Lake Subdivision
- Property managed by Village on the Lake
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Party Room
- Coin Laundry
- Elevator
Recreation
- Bike Trail
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2023
Closed on
Jul 14, 2023
Sold by
Sylvia Blagoeva Stanoeva Revocable Livin
Bought by
Velazquez-Vega Mara E
Seller's Agent
Sylvia Stanoeva
Sylvia Stanoeva
Buyer's Agent
Sherry Apollo
xr realty
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%
Total Days on Market
7
Views
141
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,890
Avg. Annual Appreciation
9.36%
Purchase Details
Closed on
Dec 18, 2018
Sold by
Stanoeva Sylvia
Bought by
Revoc Stanoeva Sylvia Blagoeva and Revoc Sylvia Blagoeva Stanoeva
Purchase Details
Closed on
Jul 6, 2018
Sold by
Stanoeva Rayna
Bought by
Stanoeva Sylvia
Purchase Details
Closed on
Jul 12, 2011
Sold by
Fannie Mae
Bought by
Stanoeva Rayna
Purchase Details
Closed on
Jun 15, 2010
Sold by
Wierzbanowski Tomasz
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 7, 2007
Sold by
West Wilhelm and West Debra
Bought by
Wierzbanowski Tomasz and Wierzbanowski Beata
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,800
Interest Rate
8.74%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 25, 2005
Sold by
Burdick Catherine A
Bought by
West Wilhelm and West Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Elk Grove Village, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velazquez-Vega Mara E | $196,000 | None Listed On Document | |
| Revoc Stanoeva Sylvia Blagoeva | -- | Attorney | |
| Stanoeva Sylvia | $75,000 | Chicago Title | |
| Stanoeva Rayna | $58,000 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Wierzbanowski Tomasz | $179,000 | Attorneys Title Guaranty Fun | |
| West Wilhelm | $144,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velazquez-Vega Mara E | $104,340 | |
| Previous Owner | Wierzbanowski Tomasz | $35,800 | |
| Previous Owner | Wierzbanowski Tomasz | $143,200 | |
| Previous Owner | West Wilhelm | $140,000 | |
| Previous Owner | Burdick Catherine A | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $196,000 | 0.0% | $170 / Sq Ft |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | Off Market | $196,000 | -- | -- |
| 05/11/2023 05/11/23 | For Sale | $199,900 | -- | $174 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,365 | $13,100 | $275 | $12,825 |
| 2023 | $2,365 | $13,100 | $275 | $12,825 |
| 2022 | $2,365 | $13,100 | $275 | $12,825 |
| 2021 | $2,175 | $11,167 | $169 | $10,998 |
| 2020 | $2,157 | $11,167 | $169 | $10,998 |
| 2019 | $2,208 | $12,500 | $169 | $12,331 |
| 2018 | $1,430 | $8,647 | $145 | $8,502 |
| 2017 | $1,436 | $8,647 | $145 | $8,502 |
| 2016 | $1,565 | $8,647 | $145 | $8,502 |
| 2015 | $1,334 | $7,603 | $129 | $7,474 |
| 2014 | $1,611 | $8,670 | $129 | $8,541 |
| 2013 | $1,559 | $8,670 | $129 | $8,541 |
Source: Public Records
Agents Affiliated with this Home
-
Sylvia Stanoeva
S
Seller's Agent in 2023
Sylvia Stanoeva
Sylvia Stanoeva
(847) 980-5492
13 in this area
70 Total Sales
-
Sherry Apollo
Buyer's Agent in 2023
Sherry Apollo
xr realty
(312) 816-4785
1 in this area
87 Total Sales
About Village on the Lake
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11780567
APN: 08-32-101-019-1044
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