NOT LISTED FOR SALE

8050 Arbor Ln Unit 201 Northfield, IL 60093

Estimated Value: $374,000 - $432,528

2 Beds
2 Baths
1,359 Sq Ft
$558/mo HOA Fee

Last Sold December 13, 2023

Last sale price $355,000 $261 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,213/month

90 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Party Room
  • Marie Murphy School Rated A
  • Community Indoor Pool
  • 5-minute walk to Happ Road Park

About This Home

As of December 2023

Wonderful 2 bedroom, 2 bath home with absolutely gorgeous views of the pond - the best that Meadowlake offers and these idyllic views are enjoyed all year round! Spacious living/dining room opens to a delightful private balcony with exceptional views. The light and bright kitchen is extremely functional and also enjoys pond views. Two large bedrooms feature wonderful space; the primary suite includes a huge walk-in closet and a private, en suite bath with tub and shower. Laundry in unit is an added plus. The location near the walking trails in the Forest Preserve and shops is fabulous and the access to the fitness area, in-door pool, sundeck and party room are wonderful! Winnetka Park District is an added bonus! Parking Space 8017 & 8018 Storage Space 4 Percentage of Ownership 0.62% Possession after September 30, 2023 please.

Last Agent to Sell the Property

Joanne Hudson

Compass License #475096932 Listed on: 07/19/2023

Compass

Last Buyer's Agent

William Schneider

William J. Schneider License #471003129

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,738

Year Built

  • Built in 1993

Lot Details

  • 12.39

HOA Fees

  • $558 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,359 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Waterfront

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, lawn care, scavenger, snow removal
  • 175 Units
  • Josie Jones Association, Phone Number (847) 359-8980
  • Property managed by W. L. Seymour

Amenities

  • Sundeck
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,738

Year Built

Built in 1993

Lot Details

0

HOA Fees

$558 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
  • Year Built: 1993
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Laundry, Storage
  • LivingArea: 1359
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Square Footage Comments: 1359 interior SF plus balcony (58 SF) that overlooks pond to the south
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 558
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Indoor Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: W. L. Seymour
  • Management Contact Name: Josie Jones
  • Management Phone: 847-359-8980
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, 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: 5737.52
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Dec 5, 2023
Sold by
Glickman Elaine
Bought by
William B Mcnulty Jr Trust and Mcnulty
Seller's Agent
Joanne Hudson
Compass
Buyer's Agent
William Schneider
William J. Schneider
List Price
$425,000
Sold Price
$355,000
Premium/Discount to List
-$70,000
-16.47%
Views
533
Current Estimated Value
$410,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,132
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Aug 15, 2006
Sold by
Korb Edwin
Bought by
Glickman Elaine

Purchase Details

Closed on
Feb 25, 2002
Sold by
Flanagan Edward K
Bought by
Korb Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 7, 1995
Sold by
Hook Anna M
Bought by
Flanagan Edward K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
8.55%

Purchase Details

Closed on
Oct 13, 1993
Sold by
Colonial Bank
Bought by
Hook Anna M
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
William B Mcnulty Jr Trust $355,000 None Listed On Document
Glickman Elaine $425,000 First American Title
Korb Edwin -- --
Flanagan Edward K -- Republic Title Company
Hook Anna M $135,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korb Edwin $188,000
Previous Owner Flanagan Edward K $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $355,000 -1.1% $261 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $359,000 -5.3% $264 / Sq Ft
08/10/2023 08/10/23 Price Changed $379,000 -10.8% $279 / Sq Ft
08/01/2023 08/01/23 For Sale $425,000 0.0% $313 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $425,000 -- $313 / 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 $6,098 $31,696 $4,748 $26,948
2023 $5,738 $33,141 $4,748 $28,393
2022 $5,738 $33,141 $4,748 $28,393
2021 $6,093 $30,656 $3,412 $27,244
2020 $6,027 $30,656 $3,412 $27,244
2019 $5,898 $33,760 $3,412 $30,348
2018 $4,814 $27,677 $2,818 $24,859
2017 $4,693 $27,677 $2,818 $24,859
2016 $4,772 $27,677 $2,818 $24,859
2015 $5,580 $24,780 $2,299 $22,481
2014 $4,485 $24,780 $2,299 $22,481
2013 $4,257 $24,780 $2,299 $22,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11833665

Midwest Real Estate Data (MRED)

APN: 05-30-100-045-1077