NOT LISTED FOR SALE

Estimated Value: $536,000 - $727,000

3 Beds
2 Baths
1,887 Sq Ft
$919/mo HOA Fee

Last Sold July 07, 2023

Last sale price $550,000 $291 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,858/month

36 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Landscaped Professionally
  • Niles North High School Rated A+
  • Spa
  • Property is near a forest

About This Home

As of July 2023

Rarely available, freshly painted 3-bedroom, 2-bathroom corner unit with floor to ceiling windows in sought after Optima Old Orchard Woods ELM building. Enjoy spectacular views with Eastern and Western exposures! Highly desirable floor plan with combo living/dining room, which accesses a 21' x 5' private balcony, great for entertainment and grilling. Custom cherry kitchen with granite countertops, oversized island with breakfast bar, wine beverage cooler, pantry closet and stainless-steel appliances. Primary en-suite bedroom has professionally organized walk-in closet. The bathroom includes an oversized vanity, furniture grade cabinets, walk-in standup shower with glass door, tile surround and ceramic flooring. Spacious 2nd and 3rd bedrooms have nice size closets with 2nd full hallway bath. Features: Hardwood floors, floor to ceiling windows throughout, in-unit laundry and storage. Price includes: 2 indoor, heated parking spaces. Building amenities include: Year-round glass enclosed indoor pool, hot tubs, fitness center, tennis court, picnic and BBQ area with grills, indoor visitor parking, smart car charging stations, newly built receiving room, valet cleaners and a huge, fully renovated party room. Quiet A+ location! Close to schools, public transportation and expressway. Walking distance to Old Orchard Mall, Lifetime Fitness, restaurants and North Shore Medical Building.

Last Agent to Sell the Property

Alexander Fiallos

Jameson Sotheby's Intl Realty License #475186592 Listed on: 05/05/2023

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Carrie McCormick

@properties Christie's International Real Estate License #475123706

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,900

Year Built

  • Built in 2006

Lot Details

  • 8.82

HOA Fees

  • $919 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,887 Sq Ft Home
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Home Gym
  • Wood Flooring
  • Intercom

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa

Schools

  • Jane Stenson Elementary School
  • Old Orchard Junior High School
  • Niles North High School

Utilities

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

Additional Features

  • Landscaped Professionally
  • Property is near a forest

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 173 Units
  • Jason Kerr Association, Phone Number (847) 965-1703
  • Optima Old Orchard Woods Subdivision
  • Property managed by DCH Management
  • 20-Story Property

Amenities

  • Valet Parking
  • Sundeck
  • Common Area
  • Party Room
  • Lobby
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,900

Year Built

Built in 2006

Lot Details

0

HOA Fees

$919 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: Optima Old Orchard Woods
  • Year Built: 2006
  • Age: 16-20 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: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hot Tub, Elevator, Hardwood Floors, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Granite Counters, Health Facilities, Lobby
  • LivingArea: 1887
  • Other Equipment: TV-Cable, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer, Pantry, Walk In Closet
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Forest Preserve Adjacent, Landscaped
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Heated
  • 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
  • Laundry Features: Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 919
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Tennis Court(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: DCH Management
  • Management Contact Name: Jason kerr
  • Management Phone: 847-965-1703
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Jane Stenson School
  • High School: Niles North High School
  • Middle/Junior School: Old Orchard Junior High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8899.5
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 7, 2023
Sold by
Cavanaugh Michael J and Cavanaugh Jean A
Bought by
Briskman Rickey and Shooltn-Briskman Maria
Seller's Agent
Alexander Fiallos
Jameson Sotheby's Intl Realty
Buyer's Agent
Carrie McCormick
@properties Christie's International Real Estate
List Price
$550,000
Sold Price
$550,000
Views
345
Current Estimated Value
$596,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,270
Avg. Annual Appreciation
3.56%

Purchase Details

Listed on
May 30, 2014
Closed on
Dec 30, 2014
Sold by
Colombo Jenny
Bought by
Cavanaugh Michael J and Cavanaugh Jean A
Seller's Agent
Marla Schneider
Coldwell Banker Realty
Buyer's Agent
Heidi Ziomek
Baird & Warner
List Price
$599,000
Sold Price
$462,500
Premium/Discount to List
-$136,500
-22.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$370,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2007
Sold by
Optima Old Orchard Woods Llc
Bought by
Colombo Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.2%
Mortgage Type
Unknown
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
Briskman Rickey $550,000 None Listed On Document
Cavanaugh Michael J $462,500 First American Title Ins Co
Colombo Jenny $642,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavanaugh Michael J $370,000
Previous Owner Colombo Jenny $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold $550,000 0.0% $291 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $550,000 +18.9% $291 / Sq Ft
12/30/2014 12/30/14 Sold $462,500 -7.3% $245 / Sq Ft View Prior Sale
11/07/2014 11/07/14 Pending -- -- --
09/27/2014 09/27/14 Price Changed $499,000 -9.1% $264 / Sq Ft
07/26/2014 07/26/14 Price Changed $549,000 -5.2% $291 / Sq Ft
07/15/2014 07/15/14 Price Changed $579,000 -3.3% $307 / Sq Ft
05/30/2014 05/30/14 For Sale $599,000 -- $317 / 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 $9,820 $44,474 $3,857 $40,617
2023 $9,514 $44,474 $3,857 $40,617
2022 $9,514 $44,474 $3,857 $40,617
2021 $8,900 $37,792 $2,373 $35,419
2020 $8,920 $37,792 $2,373 $35,419
2019 $9,078 $42,312 $2,373 $39,939
2018 $9,593 $41,083 $2,150 $38,933
2017 $9,951 $42,246 $2,150 $40,096
2016 $10,443 $44,006 $2,150 $41,856
2015 $10,429 $36,742 $1,854 $34,888
2014 $10,201 $36,742 $1,854 $34,888
2013 $10,074 $36,742 $1,854 $34,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11759797

Midwest Real Estate Data (MRED)

APN: 10-09-304-035-1367