NOT LISTED FOR SALE

Village on the Lake 840 Wellington Ave Unit 501 Elk Grove Village, IL 60007

Elk Grove Village East Neighborhood

Estimated Value: $161,000 - $192,000

1 Bed
1 Bath
783 Sq Ft
$368/mo HOA Fee

Last Sold April 12, 2021

Last sale price $112,000 $143 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,565/month

204 Days on Market

Highlights

  • Landscaped Professionally
  • Balcony
  • Built-In Features
  • Elk Grove High School Rated A
  • Galley Kitchen
  • Property is near a bus stop

About This Home

As of April 2021

Enjoy top floor views and easy living in this cozy condo at Village On The Lake! Freshly painted throughout! Updated kitchen! Sunny and spacious living room boasts sliding glass doors to the large private balcony. Large bedroom with great closet space. Full amenities community offers a resort-like lifestyle. with tennis courts, swimming pool, lake and walking/bike trails plus a prime location close to EVERYTHING! Library, hospital, stores, fitness center, restaurants, park district, forest preserve and more all within walking distance! Easy access to expressways and airport. Coin laundry in building. Storage locker just down the hall.

Last Agent to Sell the Property

Marco Amidei

RE/MAX Suburban License #475101568 Listed on: 08/20/2020

RE/MAX Suburban

Co-Listed By

Mary Governale

RE/MAX Suburban License #475187395

Last Buyer's Agent

Lisa Sweeney

Realty Executives Advance License #471006604

Realty Executives Advance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,934

Year Built

  • 1975

Lot Details

  • 0.72

HOA Fees

  • $368 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Home Security

Parking

  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Utilities

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

Additional Features

  • Built-In Features
  • Landscaped Professionally
  • Property is near a bus stop

Community Details

  • Common Area
  • Storm Screens

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,934

Year Built

1975

Lot Details

0

HOA Fees

$368 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Interior Property Features: Built-in Features
  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 8X8, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 783
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Storage, Party Room, Pool-Outdoors, Tennis Court/s
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Pool, Scavenger, Snow Removal
  • Assessment Association Fees: 368
  • Management Contact Name: Manager
  • Management Phone: 847-991-6000

Fee Information

  • Management Company: Rowell Management

Schools

  • School District: 214
  • Elementary School: Salt Creek Elementary School
  • Middle School: Grove Junior High School
  • High School: Elk Grove High School
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 08321010151079

Multi Family

  • Total Number Unitsin Building: 98
  • Number Stories: 1

Tax Info

  • Taxes: 600.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Apr 8, 2021
Sold by
Wenninger Karen
Bought by
Stokluska Kimberly
Seller's Agent
Marco Amidei
RE/MAX Suburban
Buyer's Agent
Lisa Sweeney
Realty Executives Advance
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%
Current Estimated Value
$176,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,040
Avg. Annual Appreciation
10.53%
Original Mortgage
$84,000
Outstanding Balance
$77,325
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$96,670

Purchase Details

Closed on
Apr 3, 2008
Sold by
Wenninger Guenther and Wenninger Elizabeth
Bought by
Wenninger Guenther and Wenninger Karen
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
Stokluska Kimberly $112,000 Attorney
Wenninger Guenther -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stokluska Kimberly $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $112,000 -2.6% $143 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $115,000 0.0% $147 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $115,000 -4.2% $147 / Sq Ft
10/16/2020 10/16/20 Price Changed $120,000 -1.6% $153 / Sq Ft
09/09/2020 09/09/20 Price Changed $122,000 -2.4% $156 / Sq Ft
08/28/2020 08/28/20 Price Changed $125,000 -3.8% $160 / Sq Ft
08/20/2020 08/20/20 For Sale $130,000 -- $166 / 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 $2,934 $11,552 $225 $11,327
2023 $2,823 $11,552 $225 $11,327
2022 $2,823 $11,552 $225 $11,327
2021 $478 $7,718 $139 $7,579
2020 $571 $7,718 $139 $7,579
2019 $600 $8,639 $139 $8,500
2018 $1,905 $6,945 $119 $6,826
2017 $1,892 $6,945 $119 $6,826
2016 $1,767 $6,945 $119 $6,826
2015 $1,562 $5,832 $106 $5,726
2014 $1,540 $5,832 $106 $5,726
2013 $1,583 $6,133 $106 $6,027
Source: Public Records

Agents Affiliated with this Home

  • Marco Amidei

    Seller's Agent in 2021

    Marco Amidei

    RE/MAX Suburban

    (847) 367-4886

    4 in this area

    495 Total Sales

    Marco Amidei
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Mary Governale

    RE/MAX Suburban

    (815) 212-6041

    1 in this area

    64 Total Sales

    Mary Governale
    Section Image
  • Lisa Sweeney

    Buyer's Agent in 2021

    Lisa Sweeney

    Realty Executives

    (847) 542-8786

    2 in this area

    169 Total Sales

    Lisa Sweeney
    Section Image
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About Village on the Lake

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10825119

Midwest Real Estate Data (MRED)

APN: 08-32-101-015-1079

Illinois Cook County Elk Grove Village 60007 Elk Grove Village East

840 Wellington Ave Unit 501, Elk Grove Village, IL

This home is located at 840 Wellington Ave Unit 501, Elk Grove Village, IL 60007 since 20 August 2020 and is currently estimated at $176,040, approximately $224 per square foot. This property was built in 1975. 840 Wellington Ave Unit 501 is a home located in Cook County with nearby schools including Salt Creek Elementary School, Grove Jr High School, and Elk Grove High School.

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