$205,000
SOLD DEC 12, 2024

980 N Lakeside Dr Unit 3D Vernon Hills, IL 60061

2 Beds
1 Bath
830 Sq Ft
$290/mo HOA Fee

Recently Sold

$247 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Walk-In Closet
  • Country Meadows Elementary School Rated A
  • Balcony
  • Living Room

About This Home

As of December 2024

Welcome to a unique opportunity to own an exquisite corner-unit condo with breathtaking pond views, perfect for both homeowners and investors. This spacious 3rd-floor unit offers southwest exposures, filling every room with natural light. The private balcony is perfect for enjoying tranquil mornings or evenings with serene water views. Upon arrival, you'll be greeted by the recently refinished parking lot, stately brick exterior, and a secured entry that ensures peace of mind. The well-maintained grounds set the tone for the charm and convenience that await inside. Step into a welcoming living space featuring neutral tones, making it easy to add your personal style. The galley-style kitchen offers modern white cabinetry, abundant counter space, and an adjacent dining area that's ideal for entertaining. The primary bedroom is a private retreat, boasting a huge walk-in closet for all your storage needs. The second bedroom is equally spacious with ample closet space, making it perfect for guests, a home office, or additional family members. Additional highlights include a convenient in-unit laundry room, adding even more storage and everyday convenience. Investors will love the investor-friendly policies, making it a lucrative rental property in a prime location. Vernon Hills is highly sought after for its top-rated schools-Country Meadows Elementary, Woodlawn Middle, and Adlai E. Stevenson High School-making this property attractive for families. Families will also love the variety of nearby parks, including Hartmann Park, which features sports fields, playgrounds, a skate park, and picnic areas, ensuring there's something for everyone. The area offers a wealth of amenities, including the nearby Hawthorn Mall, which boasts a variety of shopping, dining, and entertainment options, ensuring you're never far from what you need. If you're a nature lover, the adjacent Grosse Pointe Trail is perfect for scenic walks, jogs, or bike rides, providing easy access to nature right outside your door. Additionally, proximity to Lake Charles Park and its surrounding green spaces offers ample outdoor activities, enhancing the community's appeal for residents who enjoy an active lifestyle. The property's location also offers unbeatable convenience for commuters. The Vernon Hills Metra station is just minutes away, providing a smooth and easy commute to downtown Chicago and surrounding suburbs. Plus, easy access to major highways ensures that traveling by car is equally convenient. With plenty of outdoor parking available, this condo is the epitome of hassle-free living. It's not just about the home-it's about the lifestyle. In this vibrant and growing community, you'll find yourself close to highly-rated restaurants, like Maggiano's Little Italy and Tsukasa of Tokyo, offering exceptional dining experiences. As the holiday season approaches, there's no better time to make this move-in-ready condo your home. Whether you're looking to settle down or expand your investment portfolio, this condo provides the perfect combination of convenience, space, and scenic views in one of Vernon Hills' most desirable areas. Don't miss the opportunity to own or rent out this fantastic property. Schedule your showing today and make this home yours just in time for the holidays!

Last Agent to Sell the Property

Daniel Mirea

Berkshire Hathaway HomeServices Chicago Listed on: 10/22/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Galina Iklov

Realta Real Estate License #475124042

Realta Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1995

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 830 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Country Meadows Elementary Schoo
  • Woodlawn Middle School
  • Adlai E Stevenson High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Manager Association, Phone Number (847) 998-0404
  • Property managed by Lakewood Villas Condominium

Amenities

  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,144

Year Built

Built in 1995

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1995
  • 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: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 830
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 830
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 194000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 290
  • Association Amenities: Storage, Park
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Lakewood Villas Condominium
  • Management Contact Name: Manager
  • Management Phone: 847-998-0404
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Country Meadows Elementary Schoo
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Woodlawn Middle School
  • Middle/Junior School District: 96

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: 99

Tax Info

  • Tax Annual Amount: 4144
  • Tax Year: 2022

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Dec 9, 2024
Sold by
Xiaoshan Zhan Revocable Living Trust and Zhan Xiaoshan
Bought by
Lysohir Serhii and Oleshchuk Alina
Seller's Agent
Daniel Mirea
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Galina Iklov
Realta Real Estate
List Price
$194,000
Sold Price
$205,000
Premium/Discount to List
$11,000
5.67%
Views
35
Current Estimated Value
$217,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,956
Avg. Annual Appreciation
4.50%
Original Mortgage
$164,000
Outstanding Balance
$163,417
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$48,464

Purchase Details

Closed on
May 31, 2017
Sold by
Farinosi Daniel and Farinosi Jeffrey
Bought by
Zhan Xiaoshan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2004
Sold by
Edmons Millaine
Bought by
Farinosi Daniel and Farinosi Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2003
Sold by
Park Sue C and Park Soon W
Bought by
Edmons Millaine

Purchase Details

Closed on
May 24, 2001
Sold by
Yoo Yeal and Yoo Kwang Hee
Bought by
Park Soon W and Park Sue C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.14%

Purchase Details

Closed on
Feb 8, 1999
Sold by
Lakewood Villas Llc
Bought by
Yoo Yeall and Yoo Kwang Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,350
Interest Rate
6.88%
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 Type Sale Price Title Company
Deed $205,000 Acuity Title
Warranty Deed $120,000 Attorneys Title Guaranty Fun
Warranty Deed $136,500 Attorneys Title Guaranty Fun
Warranty Deed $132,000 --
Warranty Deed $116,000 --
Warranty Deed $100,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,000 New Conventional
Previous Owner $92,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $109,200 Unknown
Previous Owner $106,000 No Value Available
Previous Owner $95,350 No Value Available
Closed $20,475 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $205,000 +5.7% $247 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $194,000 0.0% $234 / Sq Ft
05/09/2020 05/09/20 Rented $1,280 -1.5% --
05/04/2020 05/04/20 Under Contract -- -- --
04/12/2020 04/12/20 For Rent $1,300 -- --
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 $4,333 $47,405 $13,268 $34,137
2023 $4,144 $43,853 $12,274 $31,579
2022 $4,144 $42,002 $11,756 $30,246
2021 $4,005 $41,549 $11,629 $29,920
2020 $3,918 $41,691 $11,669 $30,022
2019 $3,270 $41,537 $11,626 $29,911
2018 $2,168 $30,383 $11,282 $19,101
2017 $2,133 $29,674 $11,019 $18,655
2016 $2,037 $28,416 $10,552 $17,864
2015 $1,969 $26,574 $9,868 $16,706
2014 $1,871 $25,345 $10,599 $14,746
2012 $1,845 $25,396 $10,620 $14,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12190447

Midwest Real Estate Data (MRED)

APN: 15-07-200-215