NOT LISTED FOR SALE

701 Lake Hinsdale Dr Unit 508 Willowbrook, IL 60527

Estimated Value: $337,000 - $350,000

2 Beds
2 Baths
1,620 Sq Ft
$516/mo HOA Fee

Last Sold August 31, 2016

Last sale price $200,000 $123 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,801/month

65 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Party Room
  • Holmes Elementary School Rated A-
  • Tennis Courts
  • Elevator

About This Home

As of August 2016

Beautiful Lake Hinsdale Village Luxury Penthouse Condo with NEW Central Air, NEWLY renovated baths, all NEW paint, NEW SS appliances in kitchen, NEW Laminate wood floors, & NEW window treatments in bedrooms. Master has Lg walk in closet, and in-unit laundry room! Primo parking spot is closest to the elevators in the heated underground parking garage, 2 elevators in bldg., Huge 30' balcony w/views of the tree tops & city! New balcony & New roof coming soon! (Both are paid) Top notch amenities include Pool, Clubhouse, exercise room, 5-story atrium, paved & lighted walkway around the lake, professionally landscaped grounds, & tennis courts. Come & See!

Last Agent to Sell the Property

Jennifer Bachman

Baird & Warner License #475000280 Listed on: 06/16/2016

Baird & Warner

Last Buyer's Agent

kerri forest

Keller Williams Infinity License #475129864

Keller Williams Infinity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 1982

Lot Details

  • 0.69

HOA Fees

  • $516 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Shower Body Spray

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Handicap Shower
  • Balcony

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights
  • 60 Units
  • Association Phone (630) 655-0992
  • Lake Hinsdale Village Subdivision
  • Property managed by Lake Hinsdale Village
  • 5-Story Property

Amenities

  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,712

Year Built

Built in 1982

Lot Details

0

HOA Fees

$516 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Lake Hinsdale Village
  • Year Built: 1982
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit
  • LivingArea: 1620
  • Other Equipment: Humidifier, TV-Cable, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 5
  • Basement Description: None
  • Bathroom Amenities: Handicap Shower,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens, Door Monitored By TV
  • List Price: 215000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 516
  • Association Amenities: Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Management Company: Lake Hinsdale Village
  • Management Contact Name: n/a
  • Management Phone: 630-655-0992
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2712
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 26, 2016
Sold by
Forsythe Barbara M
Bought by
Banko Richard W and Banko Vera Joan
Seller's Agent
Jennifer Bachman
Baird & Warner
Buyer's Agent
kerri forest
Keller Williams Infinity
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$340,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,258
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Hansen Knut and Hansen Susan L
Bought by
Forsythe Bobby D and Forsythe Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2001
Sold by
Eisenreich James F and Eisenrich Linda L
Bought by
Hansen Knut and Hansen Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1995
Sold by
Campbell Dean L and Wiening Dorothy M
Bought by
Eisenreich James F and Eisenreich Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
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
Banko Richard W $200,000 Baird & Warner Title Svcs
Forsythe Bobby D $300,500 First American Title Ins Co
Hansen Knut $189,000 --
Eisenreich James F $151,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antinori Marian T $160,000
Previous Owner Forsythe Bobby D $100,000
Previous Owner Hansen Knut $60,044
Previous Owner Hansen Knut $50,000
Previous Owner Hansen Knut $156,700
Previous Owner Hansen Knut $158,000
Previous Owner Hansen Knut $159,200
Previous Owner Hansen Knut $19,900
Previous Owner Hansen Knut $179,550
Previous Owner Eisenreich James F $98,200
Previous Owner Eisenreich James F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $200,000 -7.0% $123 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $215,000 0.0% $133 / Sq Ft
07/15/2016 07/15/16 Price Changed $215,000 -1.8% $133 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
06/28/2016 06/28/16 Price Changed $219,000 -3.5% $135 / Sq Ft
06/16/2016 06/16/16 For Sale $227,000 -- $140 / 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 $5,061 $93,464 $17,318 $76,146
2023 $4,859 $85,920 $15,920 $70,000
2022 $4,405 $77,330 $14,330 $63,000
2021 $4,242 $76,450 $14,170 $62,280
2020 $4,171 $74,940 $13,890 $61,050
2019 $4,022 $71,910 $13,330 $58,580
2018 $3,259 $59,930 $11,110 $48,820
2017 $3,125 $57,670 $10,690 $46,980
2016 $2,731 $55,040 $10,200 $44,840
2015 $2,667 $51,790 $9,600 $42,190
2014 $2,712 $52,450 $9,720 $42,730
2013 $2,631 $52,200 $9,670 $42,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09259826

Midwest Real Estate Data (MRED)

APN: 09-23-118-056