NOT LISTED FOR SALE

Estimated Value: $175,000 - $183,000

2 Beds
2 Baths
-- Sq Ft
$879/mo HOA Fee

Last Sold June 28, 2021

Last sale price $170,000

Est. 5% increase in value since last sale

Current estimated payment $2,042/month

23 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Party Room
  • Kenwood Academy High School Rated A-
  • Community Pool
  • 4-minute walk to Spruce Park

About This Home

As of June 2021

Top-floor unit with panoramic downtown view at University Park Condominium (UPC) which was designed by well-known architects I. M. Pei. This sun filled 2 bed and 2 bath has wood floors throughout and in a perfect move in condition. Prime garage parking space is included in price! The building offers on-site management, 24 hour door staff, in-building laundry rooms, additional storage and an outdoor swimming pool. Close to lakefront, park, Trader Joe's, Whole Foods, tons of restaurants, stores and entertainment in Hyde Park. Easy access to Lake Shore Drive and many public transportation options for downtown and University of Chicago commute. University of Chicago school shuttle at the door. Located in Ray school district. Investor friendly building.

Last Agent to Sell the Property

Jinhong Wang

Concentric Realty Inc. License #471019579 Listed on: 03/16/2021

Concentric Realty Inc.

Last Buyer's Agent

Fang Wang

Concentric Realty, Inc License #475179265

Concentric Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1961

Lot Details

  • 5.61

HOA Fees

  • $879 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 540 Units
  • Megan Serena Association, Phone Number (773) 324-1414
  • Property managed by First service residential
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Package Room

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,072

Year Built

Built in 1961

Lot Details

0

HOA Fees

$879 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
  • Year Built: 1961
  • Age: 51-60 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: 8
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: North
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ (Window/Wall Unit)
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 879
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First service residential
  • Management Contact Name: Megan Serena
  • Management Phone: 773-324-1414

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

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: 999

Tax Info

  • Tax Annual Amount: 2072
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
Cheng Jianyang
Bought by
Zhang Lu
Current Estimated Value
$178,777

Purchase Details

Listed on
Feb 24, 2018
Closed on
May 1, 2018
Sold by
Weber Christopher D and Dube Katherine N
Bought by
Cheng Jianyang
Seller's Agent
Jinhong Wang
Concentric Realty Inc.
Buyer's Agent
Jinhong Wang
Concentric Realty Inc.
List Price
$168,000
Sold Price
$162,000
Premium/Discount to List
-$6,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Jan 16, 2008
Sold by
Wolcott Sally and Myers Curtis
Bought by
Dube Katherine N and Weber Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2001
Sold by
Hamasaki Janice and Wolcott Sally
Bought by
Wolcott Sally
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Lu $170,000 Fidelity National Title
Cheng Jianyang $162,000 North American Title Company
Dube Katherine N $165,000 First American
Wolcott Sally -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dube Katherine N $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2021 06/28/21 Sold $170,000 -8.1% --
04/07/2021 04/07/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $185,000 +14.2% --
05/01/2018 05/01/18 Sold $162,000 -3.6% -- View Prior Sale
03/01/2018 03/01/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $168,000 -- --
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
2025 $2,752 $16,788 $3,634 $13,154
2024 $2,752 $16,788 $3,634 $13,154
2023 $2,674 $13,000 $2,931 $10,069
2022 $2,674 $13,000 $2,931 $10,069
2021 $1,944 $12,999 $2,930 $10,069
2020 $1,419 $9,471 $2,344 $7,127
2019 $2,072 $10,315 $2,344 $7,971
2018 $1,359 $10,315 $2,344 $7,971
2017 $1,282 $9,331 $1,934 $7,397
2016 $1,369 $9,331 $1,934 $7,397
2015 $1,229 $9,331 $1,934 $7,397
2014 $1,643 $11,421 $1,582 $9,839
2013 $1,599 $11,421 $1,582 $9,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11022072

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1133