NOT LISTED FOR SALE

Estimated Value: $733,000 - $1,348,929

3 Beds
2.5 Baths
-- Sq Ft
$275/mo HOA Fee

Last Sold October 10, 2023

Last sale price $1,300,500

Est. 20% decrease in value since last sale

Current estimated payment $7,222/month

Highlights

  • New Construction
  • 3-minute walk to Southport Station
  • Wood Flooring
  • Hamilton Elementary School Rated A-
  • Deck
  • 4-minute walk to Margaret Donahue Park

About This Home

As of October 2023

Welcome to 1426 W. School St! This all masonry 3-unit building is located in the leafy heart of the Southport Corridor. Built with luxury transitional finishes, spacious open floorplans, outdoor spaces & private garage parking. This amazing 3 bed 2.1 bath penthouse duplex home features private access directly to your own paved rooftop deck, with incredible views, along with gas line, water, speakers & custom lighting. Spacious open floorplan with the living space, spread over one level. Large family room with feature fireplace, & dining area, central open kitchen - flowing to the family room that opens directly, via sliding glass doors onto the large covered paved terrace - for 3 season living! The luxury chef's kitchen impresses with 2 tone custom cabinetry, Sub-Zero, Wolf & Bosch appliance package, quartz counters with mitered edge island & on trend brass fixtures & hardware. Upstairs the three well-proportioned bedrooms & two bathrooms finish out the home -Luxurious primary suite featuring beautiful tilework, quartz counter tops, Kohler fixtures, custom mirrors, heated flooring & steam shower with rain head & handheld system. Other finishes include: 8' solid core doors, custom trim & moldings, professionally built out closets, white oak flooring. Individual private garage parking included. - delivery Fall 2023 ** Pictures form recent project with SIMILAR finishes**

Last Agent to Sell the Property

Sam Jenkins

Jameson Sotheby's Intl Realty License #475141821 Listed on: 04/25/2023

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Caroline Moellering

@properties Christie's International Real Estate License #475120759

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,426

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,136

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Steam Shower

Outdoor Features

  • Deck
  • Terrace

Schools

  • Academy Of Comm & Tech Charter H Elementary School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 2 Units
  • Property managed by Developer controls

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,426

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: Yes
  • Property Sub-Type: Condo
  • Year Built: 2023
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Room Type: Terrace, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Steam Shower
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Existing Basement/Foundation: No

Exterior Features

  • List Price: 1325000
  • Waterfront: No
  • Exterior Building Type: Brick,Block,Limestone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Management: Developer Controls
  • Master Association Fee Frequency: Not Required
  • Management Company: Developer controls
  • Management Contact Name: TBD
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Elementary School: Academy Of Comm & Tech Charter H
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • 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 Year: 2021

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Oct 12, 2023
Sold by
Coen Developers Llc
Bought by
Sasso Thomas J and Sasso Kimberly A
Seller's Agent
Sam Jenkins
Jameson Sotheby's Intl Realty
Buyer's Agent
Caroline Moellering
@properties Christie's International Real Estate
List Price
$1,325,000
Sold Price
$1,300,500
Premium/Discount to List
-$24,500
-1.85%
Views
4
Current Estimated Value
$1,040,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$259,535
Original Mortgage
$725,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2023
Closed on
Oct 10, 2023
Sold by
Coen Developers Llc
Bought by
Janik Michael R and Janik Jane A
Seller's Agent
Sam Jenkins
Jameson Sotheby's Intl Realty
Buyer's Agent
Caroline Moellering
@properties Christie's International Real Estate
List Price
$1,325,000
Sold Price
$1,300,500
Premium/Discount to List
-$24,500
-1.85%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2022
Sold by
John Hegber And Family Declaration Of Tr and Hegber John
Bought by
1426 W School Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2014
Sold by
Albany Bank & Trust Company Na
Bought by
John Hegber & Family Declaration Of Trus

Purchase Details

Closed on
Apr 25, 2011
Sold by
Hegber John
Bought by
Hegber John and John Hegber & Family Declaration Of Trus

Purchase Details

Closed on
Jun 22, 2009
Sold by
Schild Joyce
Bought by
Albany Bank & Trust Company Na and Trust #11-6258

Purchase Details

Closed on
Sep 4, 1998
Sold by
Hegber John and Schild Joyce A
Bought by
Hegber John and Schild Joyce A
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
Sasso Thomas J $1,225,000 Chicago Title
Janik Michael R $1,300,500 Chicago Title
1426 W School Llc $700,000 None Listed On Document
John Hegber & Family Declaration Of Trus -- None Available
Hegber John -- Chicago Title Insurance Co
Albany Bank & Trust Company Na -- None Available
Hegber John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sasso Thomas J $723,000
Closed Sasso Thomas J $723,000
Closed Sasso Thomas J $725,000
Closed Janik Michael R $1,040,400
Previous Owner Coen Developers Llc $1,774,375
Previous Owner 1426 W School Llc $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $1,300,500 -1.8% --
04/25/2023 04/25/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $1,325,000 -- --
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
2023 $15,426 $88,500 $46,875 $41,625
2022 $15,426 $74,999 $46,875 $28,124
2021 $15,082 $74,999 $46,875 $28,124
2020 $10,528 $47,261 $20,000 $27,261
2019 $10,551 $52,513 $20,000 $32,513
2018 $12,154 $61,528 $20,000 $41,528
2017 $10,294 $47,820 $17,500 $30,320
2016 $9,026 $45,067 $17,500 $27,567
2015 $8,763 $47,820 $17,500 $30,320
2014 $7,606 $40,992 $14,375 $26,617
2013 $7,455 $40,992 $14,375 $26,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11757481

Midwest Real Estate Data (MRED)

APN: 14-20-321-031-0000