NOT LISTED FOR SALE

Estimated Value: $656,000 - $1,452,000

2 Beds
2.5 Baths
1,767 Sq Ft
$992/mo HOA Fee

Last Sold November 26, 2012

Last sale price $585,000 $331 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,743/month

119 Days on Market

Highlights

  • Doorman
  • Community Indoor Pool
  • Den
  • Fitness Center
  • Party Room
  • Sundeck

About This Home

As of November 2012

2bdrm + den open floorplan with gorgeous sunset views. Lake views from formal DR. Bring your designer! Owner says "make an offer". Granite kitchen featuring Scavolini Ital. cabinetry, pantry, Dacor oven, Bosch cooktop. Huge mstr WIC, sep tub/shower. Full amenity bldg featuring indoor pool, 24-hr doorman, prime Michigan Ave location. Walk everywhere. Pet friendly. A+ building! Valet pkg $240/mo

Last Agent to Sell the Property

Victoria Mattera

Homesmart Connect LLC Listed on: 05/22/2012

Last Buyer's Agent

Chris Vasilakopoulos

Baird & Warner License #475124175

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,275

Year Built

  • Built in 1991

Lot Details

  • 0.52

HOA Fees

  • $992 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,767 Sq Ft Home
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 204 Units
  • Jeff Hoosin Association, Phone Number (312) 482-8995
  • Chicago Place Subdivision
  • Property managed by Lieberman Management
  • 48-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,275

Year Built

Built in 1991

Lot Details

0

HOA Fees

$992 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: CHICAGO PLACE
  • Year Built: 1991
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 43
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 48

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • LivingArea: 1767
  • Room Type: Den
  • Stories Total: 48
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 699000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 992
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Management Company: Lieberman Management
  • Management Contact Name: Jeff Hoosin
  • Management Phone: 312-482-8995
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 9275.01
  • Tax Year: 2010

Multi Family

  • Units in Building: 204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2012
Closed on
Oct 11, 2012
Sold by
Sipes Joseph M
Bought by
Scarpa Joseph D and Scarpa Gaye A
Seller's Agent
Victoria Mattera
Homesmart Connect LLC
Buyer's Agent
Chris Vasilakopoulos
Baird & Warner
List Price
$750,000
Sold Price
$585,000
Premium/Discount to List
-$165,000
-22%
Current Estimated Value
$887,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,539
Avg. Annual Appreciation
3.30%
Original Mortgage
$328,000
Outstanding Balance
$221,601
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$665,938

Purchase Details

Closed on
Nov 13, 2001
Sold by
Mccluney Fay C
Bought by
Sipes Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.75%

Purchase Details

Closed on
Oct 19, 1999
Sold by
Presta Robert and Presta Antonella
Bought by
Mccluney Fay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.12%

Purchase Details

Closed on
Aug 4, 1999
Sold by
Mcconahey Stephen
Bought by
Presta Robert and Presta Antonella

Purchase Details

Closed on
Oct 20, 1997
Sold by
Mcconahey Kathleen L
Bought by
Mcconahey Stephen

Purchase Details

Closed on
Apr 11, 1994
Sold by
Lasalle National Trust Na
Bought by
Mcconahey Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,600
Interest Rate
6.75%
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
Scarpa Joseph D $585,000 Baird & Warner Title Service
Sipes Joseph M $900,000 Chicago Title Insurance Co
Mccluney Fay C $750,000 --
Presta Robert $375,000 --
Mcconahey Stephen -- --
Mcconahey Kathleen L $447,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarpa Joseph D $328,000
Previous Owner Sipes Joseph M $720,000
Previous Owner Mccluney Fay C $750,000
Previous Owner Mcconahey Kathleen L $357,600
Closed Mcconahey Kathleen L $44,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2012 11/26/12 Sold $585,000 -16.3% $331 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
07/02/2012 07/02/12 Price Changed $699,000 -6.8% $396 / Sq Ft
05/22/2012 05/22/12 For Sale $750,000 -- $424 / 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 $12,320 $58,939 $2,192 $56,747
2023 $12,928 $58,392 $1,768 $56,624
2022 $12,928 $62,855 $1,768 $61,087
2021 $12,639 $62,854 $1,767 $61,087
2020 $14,289 $64,142 $1,363 $62,779
2019 $13,991 $69,636 $1,363 $68,273
2018 $13,755 $69,636 $1,363 $68,273
2017 $11,686 $54,286 $1,161 $53,125
2016 $10,873 $54,286 $1,161 $53,125
2015 $9,948 $54,286 $1,161 $53,125
2014 $8,545 $46,053 $909 $45,144
2013 $8,376 $46,053 $909 $45,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08073147

Midwest Real Estate Data (MRED)

APN: 17-10-105-014-1186