NOT LISTED FOR SALE

Estimated Value: $428,000 - $596,000

1 Bed
1.5 Baths
1,004 Sq Ft
$932/mo HOA Fee

Last Sold April 11, 2023

Last sale price $510,000 $508 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,681/month

21 Days on Market

Highlights

  • Doorman
  • 4-minute walk to Chicago Avenue Station (Red Line)
  • Whirlpool Bathtub
  • Steam Room
  • Fitness Center
  • Community Indoor Pool

About This Home

As of April 2023

Pinnacle condominium presenting Pristine 1 bedroom/1.5 bathrooms home on the 39th floor with oversized balcony! Stunning views from floor to ceiling windows, and gas fireplace in living room. Open kitchen with breakfast bar, gas cooktop, double ovens, and luxury appliances from Sub Zero and Thermador. Large master bedroom with marble bath, and walk-in closet. All closets and luxury bag/purse showcase built in have been designed and built by California Closets. In unit washer and dryer. Superb full amenity first class building offers excellent service, door staff and maintenance. Indoor pool and jacuzzi, new exercise room, and renovated outdoor deck with grills. Building amenities are: the most amazing professionally designed dog walks, receiving room, dry cleaners/ alteration, bicycle storage, and storage lockers. Steps from Chicago's famed Gold Coast/Magnificent Mile shopping, dining and transportation. Wonderful opportunity!

Last Agent to Sell the Property

Chezi Rafaeli

Coldwell Banker Realty License #475129431 Listed on: 01/20/2023

Coldwell Banker Realty

Last Buyer's Agent

Lynn Kummerer

Luxury Living Real Estate License #471005433

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,507

Year Built

  • Built in 2004

Lot Details

  • 0.6

HOA Fees

  • $932 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,004 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 213 Units
  • Kate Nordquist Association, Phone Number (312) 867-7230
  • High-Rise Condominium
  • The Pinnacle Subdivision
  • Property managed by Draper & Kramer
  • 48-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Steam Room
  • Party Room
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,507

Year Built

Built in 2004

Lot Details

0

HOA Fees

$932 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: The Pinnacle
  • Year Built: 2004
  • Age: 16-20 Years
  • 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: 39
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 48

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplaces: 1
  • LivingArea: 1004
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 48
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 475000
  • Waterfront: No
  • Exterior Building Type: Stone,Concrete,Limestone

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: Central Air
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 932
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Steam Room, Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Draper & Kramer
  • Management Contact Name: Kate Nordquist
  • Management Phone: 312-867-7230
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

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: 0

Tax Info

  • Tax Annual Amount: 11507.46
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 21, 2023
Sold by
John Newman Living Trust
Bought by
Kershner Adam J
Seller's Agent
Chezi Rafaeli
Coldwell Banker Realty
Buyer's Agent
Lynn Kummerer
Luxury Living Real Estate
List Price
$475,000
Sold Price
$510,000
Premium/Discount to List
$35,000
7.37%
Views
14
Current Estimated Value
$532,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,713
Avg. Annual Appreciation
1.75%
Original Mortgage
$484,500
Outstanding Balance
$469,961
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$62,752

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jul 7, 2021
Sold by
Timpe William A and William A Timpe Trust
Bought by
Newman John and John Newman Living Trust
Seller's Agent
Chezi Rafaeli
Coldwell Banker Realty
Buyer's Agent
Chaz Walters
Coldwell Banker Realty
List Price
$599,000
Sold Price
$497,500
Premium/Discount to List
-$101,500
-16.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Jan 15, 2019
Sold by
Timpe William T
Bought by
William A Timpe Trust

Purchase Details

Closed on
Jun 23, 2017
Sold by
Chen Kimberly
Bought by
Timpe William A and William A Timpe Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Jain Nirav V
Bought by
Chen Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 8, 2005
Sold by
Fordham 21 E Huron Llc
Bought by
Jain Nirav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,430
Interest Rate
4.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kershner Adam J -- Chicago Title
Newman John $497,500 Stewart Title
William A Timpe Trust -- None Available
Timpe William A $600,000 Fidelity National Title
Chen Kimberly $545,000 Chicago Title Insurance Co
Jain Nirav $523,500 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kershner Adam J $484,500
Previous Owner Timpe William A $480,000
Previous Owner Chen Kimberly $323,000
Previous Owner Jain Nirav $392,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2023 04/11/23 Sold $510,000 +7.4% $508 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $475,000 -4.5% $473 / Sq Ft
07/12/2021 07/12/21 Sold $497,500 +0.5% $496 / Sq Ft View Prior Sale
06/23/2021 06/23/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $495,000 -17.4% $493 / Sq Ft
04/15/2021 04/15/21 For Sale $599,000 0.0% $597 / Sq Ft
08/20/2016 08/20/16 Rented $3,500 0.0% --
08/09/2016 08/09/16 For Rent $3,500 +2.9% --
09/02/2015 09/02/15 Under Contract -- -- --
09/02/2015 09/02/15 Rented $3,400 0.0% --
08/21/2015 08/21/15 For Rent $3,400 -- --
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 $11,198 $49,561 $1,407 $48,154
2023 $11,545 $53,074 $1,155 $51,919
2022 $11,545 $56,131 $1,155 $54,976
2021 $11,507 $57,225 $1,155 $56,070
2020 $12,719 $57,095 $875 $56,220
2019 $12,076 $60,104 $875 $59,229
2018 $11,996 $60,729 $875 $59,854
2017 $12,111 $56,259 $745 $55,514
2016 $11,268 $56,259 $745 $55,514
2015 $10,309 $56,259 $745 $55,514
2014 $8,737 $47,090 $583 $46,507
2013 $8,564 $47,090 $583 $46,507
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704459

Midwest Real Estate Data (MRED)

APN: 17-10-107-016-1186