NOT LISTED FOR SALE

Estimated Value: $288,000 - $359,000

2 Beds
2 Baths
980 Sq Ft
$474/mo HOA Fee

Last Sold August 10, 2021

Last sale price $290,000 $296 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,649/month

30 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 1 Car Attached Garage
  • Wood Flooring
  • Sundeck
  • Patio

About This Home

As of August 2021

Beautifully maintained unit in landmark Terra-Cotta bldg! University Commons first floor unit has huge patio/terrace that faces courtyard for private entertainment & grilling. Located near outdoor pool area, these units feel like vacation homes. Hardwood floors, SS appliances, granite countertops, cherry cabs in open, bright space. Great bldg has luxury ammenities incl exercise room, party room, rooftop deck w/ great views. Parking included at list price!

Last Listed By

MaryAnn Marsh

@properties Christie's International Real Estate Listed on: 06/07/2021

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,120

Year Built

  • Built in 1920

Lot Details

  • 2.55

HOA Fees

  • $474 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 980 Sq Ft Home
  • 4-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Patio
  • Additional Parcels

Community Details

Overview

  • Association fees include water, parking, insurance, security, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 185 Units
  • Association Phone (312) 666-0019
  • University Commons Subdivision
  • Property managed by Draper & Kramer

Amenities

  • Sundeck
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,120

Year Built

Built in 1920

Lot Details

0

HOA Fees

$474 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: University Commons
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 980
  • Room Type: No additional rooms
  • Stories Total: 4
  • 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
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 285000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

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: 474
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Sundeck, Pool
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Draper & Kramer
  • Management Contact Name: Tbd
  • Management Phone: 312-666-0019

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5120.35
  • Tax Year: 2019
  • Tax Exemptions: Other

Multi Family

  • Units in Building: 185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 4, 2021
Sold by
Paralikar Sushama S and Sushama S Paralikar Trust
Bought by
Murray Monica
Seller's Agent
MaryAnn Marsh
@properties Christie's International Real Estate
Buyer's Agent
Brittney Burton
RE/MAX Premier
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Total Days on Market
30
Current Estimated Value
$325,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,770
Avg. Annual Appreciation
2.72%
Original Mortgage
$284,747
Outstanding Balance
$266,504
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$54,494

Purchase Details

Closed on
Aug 6, 2007
Sold by
Paralikar Sushama S
Bought by
Paralikar Sushama S and Sushama S Paralikar Revocable Trust

Purchase Details

Closed on
Aug 3, 2007
Sold by
Paralikar Subhash G
Bought by
Paralikar Sushama S

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
Murray Monica $290,000 Proper Title
Paralikar Sushama S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Monica $12,148
Open Murray Monica $284,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $290,000 -1.7% $296 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $295,000 0.0% $301 / Sq Ft
06/29/2018 06/29/18 Under Contract -- -- --
06/29/2018 06/29/18 Rented $2,100 0.0% --
06/23/2018 06/23/18 Price Changed $2,100 -8.7% --
06/07/2018 06/07/18 For Rent $2,300 +15.0% --
07/09/2016 07/09/16 Rented $2,000 0.0% --
07/02/2016 07/02/16 For Rent $2,000 -- --
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 $4,431 $27,585 $2,695 $24,890
2023 $4,431 $21,470 $1,636 $19,834
2022 $4,431 $21,470 $1,636 $19,834
2021 $4,331 $21,469 $1,635 $19,834
2020 $4,643 $20,774 $1,635 $19,139
2019 $4,589 $22,766 $1,635 $21,131
2018 $4,512 $22,766 $1,635 $21,131
2017 $4,210 $19,489 $1,443 $18,046
2016 $3,903 $19,489 $1,443 $18,046
2015 $3,571 $19,489 $1,443 $18,046
2014 $3,258 $17,561 $1,074 $16,487
2013 $3,194 $17,561 $1,074 $16,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11068258

Midwest Real Estate Data (MRED)

APN: 17-20-226-063-1004