Seller's Agent in 2021
Jamarber Luzaj
Area606 Properties, LLC
(312) 296-7719
2 in this area
44 Total Sales
1845 S Michigan Ave Unit 1601 Chicago, IL 60616
Prairie District NeighborhoodEstimated Value: $389,000 - $482,000
2
Beds
2
Baths
1,218
Sq Ft
$476/mo
HOA Fee
Highlights
- Wood Flooring
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- Stainless Steel Appliances
- Resident Manager or Management On Site
- 3-minute walk to Chicago Women's Park and Gardens
About This Home
As of September 2021Beautiful 2 bed and 2 bath, North West facing corner unit with an open and spacious layout great for entertaining, flooded with natural light and amazing views of downtown, Navy Pier, Soldier Field and the lake from the floor to ceiling windows. Two fully private bedrooms, a giant primary suite with walk in closet and double vanity. Updates done before coming to the market: completely painted throughout, new carpet on both bedrooms and refinished wood floors. Two parking spots are available one indoor and one outdoor and have to be purchased with the unit for 45k. Prime location close to public transportation, restaurants, shops, lake and everything that South Loop has to offer.
Last Agent to Sell the Property
Area606 Properties, LLC License #471019672 Listed on: 07/14/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,507
Year Built
- Built in 2003
Lot Details
- Additional Parcels
HOA Fees
- $476 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Off Alley Parking
- Parking Included in Price
- Deeded Parking Sold Separately
Interior Spaces
- 1,218 Sq Ft Home
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, security, exterior maintenance, scavenger, snow removal
- 140 Units
- Jack Bebe Association, Phone Number (312) 379-0400
- Property managed by Forth Group
- 20-Story Property
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2021
Closed on
Aug 21, 2021
Sold by
Llorens Teresa N and Llorens Cayse A
Bought by
Tetteh Joshua and Sapathy Jiani
Seller's Agent
Jamarber Luzaj
Area606 Properties, LLC
Buyer's Agent
Tanya Cochran
Coldwell Banker Realty
List Price
$359,000
Sold Price
$404,000
Premium/Discount to List
$45,000
12.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,864
Avg. Annual Appreciation
0.78%
Original Mortgage
$418,544
Outstanding Balance
$378,257
Interest Rate
2.5%
Mortgage Type
VA
Estimated Equity
$38,607
Purchase Details
Closed on
Sep 9, 2011
Sold by
Nam Teresa and Llorens Teresa N
Bought by
Llorens Teresa N and Llorens Cayse A
Purchase Details
Closed on
Jun 17, 2009
Sold by
Nam Kwan W and Nam Kyung H
Bought by
Nam Teresa
Purchase Details
Closed on
May 16, 2005
Sold by
Kawecki Ernst and Kawecki Ernest
Bought by
Nam Kwan W and Nam Kyung H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tetteh Joshua | $404,000 | Attorney | |
| Llorens Teresa N | -- | None Available | |
| Nam Teresa | -- | None Available | |
| Nam Kwan W | $365,000 | Marquis |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tetteh Joshua | $418,544 | |
| Previous Owner | Nam Kwan W | $292,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2021 09/21/21 | Sold | $404,000 | +12.5% | $332 / Sq Ft |
| 07/22/2021 07/22/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $359,000 | -- | $295 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,715 | $37,617 | $3,449 | $34,168 |
| 2023 | $5,571 | $27,000 | $2,775 | $24,225 |
| 2022 | $5,571 | $27,000 | $2,775 | $24,225 |
| 2021 | $4,774 | $26,999 | $2,775 | $24,224 |
| 2020 | $5,748 | $28,905 | $2,279 | $26,626 |
| 2019 | $5,637 | $31,485 | $2,279 | $29,206 |
| 2018 | $5,541 | $31,485 | $2,279 | $29,206 |
| 2017 | $4,757 | $25,472 | $1,883 | $23,589 |
| 2016 | $4,602 | $25,472 | $1,883 | $23,589 |
| 2015 | $4,187 | $25,472 | $1,883 | $23,589 |
| 2014 | $3,764 | $22,854 | $1,685 | $21,169 |
| 2013 | $3,678 | $22,854 | $1,685 | $21,169 |
Source: Public Records
Agents Affiliated with this Home
-
Jamarber Luzaj
-
Asia Babbington
A
Seller Co-Listing Agent in 2021
Asia Babbington
Area606 Properties, LLC
(312) 296-7719
1 in this area
6 Total Sales
-
Tanya Cochran
T
Buyer's Agent in 2021
Tanya Cochran
Coldwell Banker Realty
(773) 387-2896
1 in this area
55 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11155325
APN: 17-22-307-106-1089
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