NOT LISTED FOR SALE

8125 Lake Shore Dr Unit 3 Cedar Lake, IN 46303

Estimated Value: $258,000 - $359,000

2 Beds
2 Baths
1,200 Sq Ft
$192/mo HOA Fee

Last Sold July 19, 2024

Last sale price $325,000 $271 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,323/month

174 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • Outdoor Storage
  • Vinyl Flooring

About This Home

As of July 2024

LAKEFRONT LIVING AT ITS BEST...2 BED / 2 BATH LAKEFRONT 2nd floor condo with BOAT SLIP & FIREPLACE...all grass, landscape, snow removal and pier MAINTENANCE INCLUDED...appliances INCLUDED.. large balcony over looking the lake with additional outdoor storage closet & additional storage downstairs...CHEAP FEES & TAXES...Some new building upgrades include new balconies with a lifetime trex material, powder coated railings, fresh landscape and all new concrete sidewalks & patios on the lake side...The unit is currently being used for a home office but would be a great full time residence or weekend spot.

Last Agent to Sell the Property

David Harkabus

BHHS Executive Realty License #RB14042838 Listed on: 12/30/2023

BHHS Executive Realty

Last Buyer's Agent

Rochelle Hoffman

Listing Leaders Northwest License #RB21000855

Listing Leaders Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1980

Lot Details

  • 1.16

HOA Fees

  • $192 Monthly HOA Fees

Home Design

  • Brick Foundation

Interior Spaces

  • Gas Fireplace
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Association fees include ground maintenance, snow removal, water, trash
  • Pp Nw, Inc Property Management Association, Phone Number (219) 923-2812
  • Waters Edge Condo Inc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451522287011000014

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,275

Year Built

Built in 1980

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Reso Property Sub Type: Condominium
  • Road Frontage Type: Waterfront
  • ResoLotFeatures: Lake On Lot, Sprinklers In Rear, Sprinklers In Front
  • ResoOtherEquipment: None
  • Reso Association Amenities: Beach Access, Water, Picnic Area, Maintenance Grounds, Maintenance, Boating, Boat Dock
  • Reso Association Fee Includes: Maintenance Grounds, Snow Removal, Water, Trash
  • Co List Office Mls Id: NRA121
  • Subdivision Name: Waters Edge Condo Inc
  • Above Grade Finished Sq Ft: 1200
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 1200.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Portable Dishwasher, Microwave, Electric Range
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Ceramic Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Storage, Dock
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 192
  • Association Fee Frequency: Monthly
  • Association Name: PP NW, Inc property management
  • Phone: 219-923-2812
  • Association: Yes

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 1
  • Parcel #: 451522287011000014

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2023
Closed on
Jul 17, 2024
Sold by
David K Harkabus Living Trust and Harabus David K
Bought by
Eriks Michael P and Eriks Penny Sue
Seller's Agent
David Harkabus
BHHS Executive Realty
Buyer's Agent
Rochelle Hoffman
Listing Leaders Northwest
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
248
Current Estimated Value
$308,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,500
Avg. Annual Appreciation
-3.99%
Original Mortgage
$227,500
Outstanding Balance
$224,762
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$83,738

Purchase Details

Closed on
Dec 7, 2023
Sold by
Harkabus David K
Bought by
David K Harkabus Living Trust and Harkabus

Purchase Details

Listed on
Oct 16, 2018
Closed on
Feb 18, 2019
Sold by
Subak Joseph W and Subak Christine J
Bought by
Harkabus David K and Cox Mark A
Seller's Agent
Nancy Davids
McColly Real Estate
Buyer's Agent
David Harkabus
BHHS Executive Realty
List Price
$180,900
Sold Price
$180,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$144,720
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2007
Sold by
Miner Vivian M
Bought by
Subak Joseph W and Subak Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,550
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Eriks Michael P $325,000 Chicago Title
Eriks Michael P $325,000 Chicago Title
David K Harkabus Living Trust -- None Listed On Document
Harkabus David K -- Heartland Title Svcs Inc
Subak Joseph W -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eriks Michael P $227,500
Previous Owner Harkabus David K $144,720
Previous Owner Subak Joseph W $161,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $325,000 -3.0% $271 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $335,000 0.0% $279 / Sq Ft
04/15/2024 04/15/24 Price Changed $335,000 +1.5% $279 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
12/30/2023 12/30/23 For Sale $329,900 +82.4% $275 / Sq Ft
02/18/2019 02/18/19 Sold $180,900 0.0% $144 / Sq Ft View Prior Sale
01/15/2019 01/15/19 Pending -- -- --
10/16/2018 10/16/18 For Sale $180,900 -- $144 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $6,197 $285,500 $80,000 $205,500
2023 $5,330 $233,100 $40,000 $193,100
2022 $4,937 $207,400 $40,000 $167,400
2021 $4,276 $194,900 $40,000 $154,900
2020 $4,515 $196,300 $40,000 $156,300
2019 $4,353 $190,100 $40,000 $150,100
2018 $4,077 $166,100 $40,000 $126,100
2017 $4,326 $165,000 $40,000 $125,000
2016 $4,427 $164,500 $40,000 $124,500
2014 $3,877 $167,100 $40,000 $127,100
2013 $3,709 $151,100 $40,000 $111,100
Source: Public Records

Agents Affiliated with this Home

  • David Harkabus

    Seller's Agent in 2024

    David Harkabus

    BHHS Executive Realty

    (219) 313-1669

    46 in this area

    84 Total Sales

    David Harkabus
    Section Image
  • Rochelle Hoffman

    Buyer's Agent in 2024

    Rochelle Hoffman

    Listing Leaders Northwest

    (219) 808-2708

    3 in this area

    52 Total Sales

    Rochelle Hoffman
    Section Image
  • Nancy Davids

    Seller's Agent in 2019

    Nancy Davids

    McColly Real Estate

    (219) 765-7663

    7 in this area

    46 Total Sales

    Nancy Davids
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jack Davids

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 543174

Northwest Indiana Association of REALTORS®

APN: 45-15-22-287-011.000-014

Indiana Lake County Cedar Lake 46303

8125 Lake Shore Dr Unit 3, Cedar Lake, IN

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