NOT LISTED FOR SALE

8030 Arbor Ln Unit 301 Northfield, IL 60093

Estimated Value: $806,000 - $930,949

3 Beds
2 Baths
2,600 Sq Ft
$995/mo HOA Fee

Last Sold September 15, 2022

Last sale price $750,000 $288 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,609/month

Highlights

  • Fitness Center
  • In Ground Pool
  • Formal Dining Room
  • Marie Murphy School Rated A
  • Terrace
  • 2 Car Attached Garage

About This Home

As of September 2022

Best pond views in the Meadowlake complex! Life among the treetops feels serene, private, and a world away, yet provides all the convenience of living in the heart of the North Shore! Rarely available, this spacious Penthouse boasts 2600 sf of indoor living space, and is also just one of four units to feature a full-size private terrace with 1,100 additional square feet of gorgeous outdoor living space. Perfect for al fresco dining under the stars, gardening, relaxing or watching the swans float by. . . the showstopping views don't end at the terrace door, but continue into all the main living areas of the home. Floor to ceiling windows along the entire south wall provide a mesmerizing view of the pond below and an abundance of natural light. To the west, another wall of patio doors merges the indoors with the outdoors, providing access from the family room, dining room and primary suite to the full-size private terrace, This incredible home features 3 bedrooms and 2 full baths, all on one level, with so much natural light! Oversized living room/family room area features a double-sided gas fireplace. Spacious kitchen offers a breakfast bar and casual eat-in dining area. Formal dining room adjoins the terrace for glorious meals year-round. The north wing of the home features the massive primary suite, with oversized bedroom, walk-in closet, walk-in shower, and direct access to the terrace through an additional wall of patio doors; as well as 2 secondary bedrooms, full bath and laundry. All rooms are generously sized with ample closets and storage. Unit includes two indoor garage spaces (right next to the elevator that services this unit) and two indoor storage areas. Clubhouse with indoor pool, hot tub, fitness room and party room on site. Two newer furnaces (1 yo and 7 yo). Just two units on this penthouse level! Enjoy everything the North Shore and New Trier District have to offer!

Last Agent to Sell the Property

Lisa Finks

Compass License #475159673 Listed on: 07/08/2022

Compass

Last Buyer's Agent

Shawn McGuiness Gavin

Baird & Warner License #475159524

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,127

Year Built

  • Built in 1994

Lot Details

  • 12.39

HOA Fees

  • $995 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Terrace

Schools

  • Avoca West Elementary School
  • Marie Murphy Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, scavenger, snow removal
  • 6 Units
  • Debbie Association, Phone Number (847) 359-8980
  • Meadowlake Subdivision
  • Property managed by SEYMOUR

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,127

Year Built

Built in 1994

Lot Details

0

HOA Fees

$995 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: Meadowlake
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator
  • Room Type: Terrace, Eating Area, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Other
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: In Ground Pool
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 995
  • Association Amenities: Elevator(s), Exercise Room, Storage, Indoor Pool
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SEYMOUR
  • Management Contact Name: Debbie
  • Management Phone: 847-359-8980
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Avoca West Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Marie Murphy School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13127.23
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 7, 2022
Sold by
Stokes Gerald H and Stokes Olga L
Bought by
Hellmann Elizabeth F
Seller's Agent
Lisa Finks
Compass
Buyer's Agent
Shawn McGuiness Gavin
Baird & Warner
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Views
2
Current Estimated Value
$859,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,737
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Sep 20, 2017
Sold by
Balsbaugh Karin G and Balsbaugh Ronald B
Bought by
Stokes Gerald H and Stokes Olga L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,250
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2014
Sold by
Balsbaugh Karin G and Balsbaugh Ronald B
Bought by
Karin G Balsbaugh Living Trust

Purchase Details

Listed on
Jun 4, 2012
Closed on
Oct 2, 2012
Sold by
Bankoff Elaine and Elaine Bankoff Trust
Bought by
Balsbaugh Ronald B and Balsbaugh Karin G
Seller's Agent
Patricia Vander Vennett
Buyer's Agent
John Phillips
Compass
List Price
$638,000
Sold Price
$525,000
Premium/Discount to List
-$113,000
-17.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
Oct 3, 2000
Sold by
Bankoff S George and Bankoff Elaine
Bought by
Bankoff S George and Bankoff George Bankoff Declaration O

Purchase Details

Closed on
May 25, 1995
Sold by
Hartigan Nancy K and Glenview State Bank
Bought by
Bankoff George and Bankoff Elaine

Purchase Details

Closed on
Apr 14, 1994
Sold by
First Colonial Trust Company
Bought by
Hartigan Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

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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
Hellmann Elizabeth F $750,000 Chicago Title
Stokes Gerald H $725,000 Chicago Title
Karin G Balsbaugh Living Trust -- None Available
Balsbaugh Ronald B $525,000 Cambridge Title Company
Bankoff S George -- --
Bankoff George $495,500 --
Hartigan Nancy K $421,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stokes Gerald H $616,250
Previous Owner Hartigan Nancy K $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $750,000 -5.7% $288 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $795,000 +51.4% $306 / Sq Ft
10/15/2012 10/15/12 Sold $525,000 -11.8% $202 / Sq Ft View Prior Sale
08/28/2012 08/28/12 Pending -- -- --
07/11/2012 07/11/12 Price Changed $595,000 -6.7% $229 / Sq Ft
06/04/2012 06/04/12 For Sale $638,000 -- $245 / 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 $13,264 $62,238 $9,322 $52,916
2023 $12,528 $65,075 $9,322 $55,753
2022 $12,528 $65,075 $9,322 $55,753
2021 $13,391 $60,197 $6,700 $53,497
2020 $13,127 $60,197 $6,700 $53,497
2019 $12,854 $66,294 $6,700 $59,594
2018 $10,787 $54,349 $5,535 $48,814
2017 $10,488 $54,349 $5,535 $48,814
2016 $10,212 $54,349 $5,535 $48,814
2015 $9,945 $48,659 $4,515 $44,144
2014 $9,740 $48,659 $4,515 $44,144
2013 $9,271 $48,659 $4,515 $44,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11445609

Midwest Real Estate Data (MRED)

APN: 05-30-100-045-1071