$160,000
SOLD JAN 17, 2025
-- Bed
1 Bath
703 Sq Ft
$861/mo HOA Fee

Recently Sold

$228 Per Sq Ft

14% Below List Price

36 Days on Market

Highlights

  • 1 Car Attached Garage
  • Entrance Foyer
  • Combination Dining and Living Room
  • Laundry Room
  • Forced Air Heating and Cooling System
  • 2-minute walk to Lakefront Park

About This Home

As of January 2025

Don't miss out on this corner unit in the Walton Colonnade Building located in Gold Coast just off the Mag Mile. Premier Shopping, Dining, Transportation and just a few blocks from Lakefront and Oak Street Beach. Nice city views with great light from floor to ceiling windows, galley Kitchen and a Study/Work Desk area alcove. Open floor plan. Open loft style Bedroom not enclosed, open to Living Room. Easy installation of wall and door to separate bedroom area. On site Fee Parking in attached heated Garage. Full amenity well maintained building with 24 Hr. Door Staff, roof top Deck and Pool with fabulous views, Fitness Center and Party Room. HUD Case 137-513203, Insured Status: IN , Subject to Appraisal. Property is owned by the US Dept of HUD. HUD Homes are sold "AS IS". Seller makes no representations or warranties as to property condition. Equal Housing Opportunity. Pre-1978 LBP. Seller may contribute up to 3% for buyer's closing costs, upon buyer request. Virtua Video of unit

Last Agent to Sell the Property

Arthur Cirignani

Chicago Realty Partners, Ltd License #471005369 Listed on: 02/20/2024

Last Buyer's Agent

Felice Barrett

Baird & Warner License #475168517

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 1971

HOA Fees

  • $861 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Heated Garage

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 703 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 240 Units
  • Sarah Thomas Association, Phone Number (312) 337-3393
  • Property managed by First Residential Services
  • 44-Story Property

Pet Policy

  • Pets up to 75 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,245

Year Built

Built in 1971

Lot Details

0

HOA Fees

$861 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 44

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 703
  • Room Type: Foyer
  • Stories Total: 44
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 185000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 861
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Residential Services
  • Management Contact Name: Sarah Thomas
  • Management Phone: 312-337-3393
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Lease Amount: 280
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 3244.75
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Jan 13, 2025
Sold by
United States Department Of Housing And and Secretary Of Housing And Urban Developme
Bought by
Okine Sandra
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Felice Barrett
Baird & Warner
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%
Views
131
Current Estimated Value
$209,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,307
Avg. Annual Appreciation
54.68%
Original Mortgage
$144,000
Outstanding Balance
$143,131
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$62,030

Purchase Details

Closed on
Jul 22, 2023
Sold by
Jerald P Moses Living Trust
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Jun 2, 2010
Sold by
Moses Jerald P
Bought by
Moses Jerald P and Jerald P Moses Living Trust
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $160,000 Stewart Title
Deed In Lieu Of Foreclosure -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 New Conventional
Previous Owner $307,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $160,000 -13.5% $228 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $185,000 -- $263 / 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 $3,368 $22,159 $848 $21,311
2023 $3,245 $21,932 $682 $21,250
2022 $3,245 $21,932 $682 $21,250
2021 $1,707 $21,932 $682 $21,250
2020 $1,762 $20,927 $477 $20,450
2019 $1,756 $22,003 $477 $21,526
2018 $1,730 $22,003 $477 $21,526
2017 $1,852 $19,220 $382 $18,838
2016 $2,250 $19,220 $382 $18,838
2015 $2,162 $19,220 $382 $18,838
2014 $2,144 $17,690 $307 $17,383
2013 $2,151 $17,690 $307 $17,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11982535

Midwest Real Estate Data (MRED)

APN: 17-03-207-061-1052