NOT LISTED FOR SALE

Village on the Lake 700 Wellington Ave Unit 117 Elk Grove Village, IL 60007

Elk Grove Village East Neighborhood

Estimated Value: $214,000 - $264,868

2 Beds
2 Baths
1,100 Sq Ft
0.73 Acre Lot

Sale Details

Date Sold: April 30, 2024

Last sale price $247,000 $225 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,126 / mo

20 Days on Market

Highlights

  • Water Views
  • Lock-and-Leave Community
  • Community Pool
  • Elk Grove High School Rated A
  • L-Shaped Dining Room
  • 5-minute walk to Marshall Park

About This Home

As of April 2024

Indulge in resort-style living with captivating lake views from every room, including your luxurious master suite featuring a private bathroom and his-and-her closets. This stunning home boasts high-end designer finishes and an open floor plan, perfect for entertaining. Enjoy maintenance-free living with heat, AC, water, cooking gas, cable, pool, tennis courts, and more included in the assessments. This serene location offers walking paths around beautiful lakes, close proximity to Busse Woods, and easy access to shopping, the library, Alexian Brothers Medical Center, and restaurants. Don't miss your chance to experience worry-free living at its finest!

Last Agent to Sell the Property

Jamey Kassaros-Johnson

Kale Realty License #475161707 Listed on: 03/08/2024

Kale Realty

Last Buyer's Agent

Rita Neri

RE/MAX Premier License #471014047

RE/MAX Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,722

Year Built

  • Built in 1972

Lot Details

  • 0.73

HOA Fees

  • $514 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • L-Shaped Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Included in Price

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Ramp on the main level

Outdoor Features

  • Tideland Water Rights

Schools

  • Salt Creek Elementary School
  • Grove Junior High School
  • Elk Grove High School

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, tv/cable, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights, internet
  • 98 Units
  • Manager Association, Phone Number (847) 228-0555
  • Village On The Lake Subdivision
  • Property managed by Village on the Lake
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,722

Year Built

Built in 1972

Lot Details

0.73 Acres

HOA Fees

$514 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Village on the Lake
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Accessibility Features: No Interior Steps, Ramp - Main Level
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Lot Features: Common Grounds, Water Rights, Water View
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

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: 514
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, Party Room, Pool, Security Door Lock(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Village on the Lake
  • Management Contact Name: Manager
  • Management Phone: 847-228-0555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Salt Creek Elementary School
  • High School: Elk Grove High School
  • Middle/Junior School: Grove Junior High School

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1721.75
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 98

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 26, 2024
Sold by
Bought by
Seller's Agent
Jamey Kassaros-Johnson
Kale Realty
Buyer's Agent
Rita Neri
RE/MAX Premier
List Price
$259,000
Sold Price
$247,000
Premium/Discount to List
-$12,000
-4.63%
Views
107
Current Estimated Value
$244,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,533
Avg. Annual Appreciation
-0.47%
Original Mortgage
$150,000
Interest Rate
0.0694%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 16, 2023
Closed on
Aug 31, 2023
Sold by
Bought by
Seller's Agent
Lori Christensen
N. W. Village Realty, Inc.
Buyer's Agent
Lori Christensen
N. W. Village Realty, Inc.
List Price
$165,000
Sold Price
$122,000
Premium/Discount to List
-$43,000
-26.06%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
191.17%

Purchase Details

Listed on
May 28, 2014
Closed on
Apr 17, 2014
Sold by
Bought by
Seller's Agent
Lori Christensen
N. W. Village Realty, Inc.
Buyer's Agent
Lori Christensen
N. W. Village Realty, Inc.
List Price
$124,900
Sold Price
$122,500
Premium/Discount to List
-$2,400
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%
Original Mortgage
$62,000
Interest Rate
0.0362%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$247,000 None Listed On Document
$122,000 Chicago Title
$122,500 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Closed $62,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $247,000 -0.8% $225 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $249,000 -3.9% $226 / Sq Ft
03/08/2024 03/08/24 For Sale $259,000 +112.3% $235 / Sq Ft
09/01/2023 09/01/23 Sold $122,000 -26.1% $111 / Sq Ft View Prior Sale
08/22/2023 08/22/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $165,000 +34.7% $150 / Sq Ft
05/29/2014 05/29/14 Sold $122,500 -1.9% -- View Prior Sale
05/28/2014 05/28/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $124,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,359 $19,423 $327 $19,096
2024 $3,359 $13,228 $278 $12,950
2023 $3,232 $13,228 $278 $12,950
2022 $3,232 $13,228 $278 $12,950
2021 $3,130 $11,277 $171 $11,106
2020 $3,016 $11,277 $171 $11,106
2019 $3,073 $12,623 $171 $12,452
2018 $2,395 $8,732 $147 $8,585
2017 $2,378 $8,732 $147 $8,585
2016 $2,222 $8,732 $147 $8,585
2015 $2,056 $7,677 $130 $7,547
2014 $2,312 $8,755 $130 $8,625
2013 $2,260 $8,755 $130 $8,625
Source: Public Records

Agents Affiliated with this Home

  • Jamey Kassaros-Johnson

    Seller's Agent in 2024

    Jamey Kassaros-Johnson

    Kale Realty

    (630) 780-7499

    4 in this area

    83 Total Sales

    Jamey Kassaros-Johnson
    Section Image
  • Rita Neri

    Buyer's Agent in 2024

    Rita Neri

    RE/MAX

    (630) 774-5042

    1 in this area

    151 Total Sales

    Rita Neri
    Section Image
  • Lori Christensen

    Seller's Agent in 2023

    Lori Christensen

    N. W. Village Realty, Inc.

    (847) 373-5158

    119 in this area

    199 Total Sales

    Lori Christensen
    Section Image
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About Village on the Lake

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11990122

Midwest Real Estate Data (MRED)

APN: 08-32-101-019-1016

Illinois Cook County Elk Grove Village 60007 Elk Grove Village East

700 Wellington Ave Unit 117, Elk Grove Village, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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