NOT LISTED FOR SALE

Estimated Value: $1,678,000 - $6,469,000

3 Beds
4 Baths
6,000 Sq Ft
$679/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $6,500,000 $1,083 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $34,010/month

113 Days on Market

Highlights

  • Steam Shower
  • 4-minute walk to Chicago Avenue Station (Red Line)
  • Central Air
  • Formal Dining Room

About This Home

As of July 2013

Like nothing you have seen--owners spared no expense in creating the ultimate full floor penthouse residence w/ renowned architect. Outdoor space Like nowhere else: two 1000 SF terraces + mult balconies. Unobstructed views in every direction! Unbelievable quality including exotic woods, rare textiles, state-of-the-art electronics/automation, & 1500 bottle wine cellar. Now priced well below replacement cost!

Last Agent to Sell the Property

Tim Salm

Jameson Sotheby's Intl Realty License #475133721 Listed on: 01/28/2013

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Kelly Mead

Engel & Voelkers Chicago License #475000241

Engel & Voelkers Chicago

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $89,765

Year Built

  • 2004

Lot Details

  • 0.6

HOA Fees

  • $5,208 per month

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$89,765

Year Built

2004

Lot Details

0

HOA Fees

$5,208 per month

Parking

3

Listing Details

  • Unit Floor Number: 45
  • Special Features: None
  • Stories: 49
  • Year Built: 2004

Interior Features

  • Total # Of Rooms: 9
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Type/Details: Gas Logs
  • Fireplaces: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 20X16
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 18X14
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 20X13
  • Third Bedroom Flooring: Carpet
  • Bathroom Amenities: Separate Shower, Steam Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 50X24
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X15
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 21X15
  • Family Room Flooring: Hardwood
  • Kitchen Type: Galley, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 20X10
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Glass, Concrete
  • Roof Type: Other

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Heat/Fuel: Electric, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 197
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Indoors, Receiving Room, Sauna, Service Elevator, Steam Room, Whirlpool
  • Assessment/Association Fees: 5208

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jul 12, 2013
Sold by
May Roy
Bought by
Thanopoulos George P and George P Thanopoulos Living Trust
Seller's Agent
Tim Salm
Jameson Sotheby's Intl Realty
Buyer's Agent
Kelly Mead
Engel & Voelkers Chicago
List Price
$6,900,000
Sold Price
$6,500,000
Premium/Discount to List
-$400,000
-5.8%
Current Estimated Value
$4,073,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,426,500
Avg. Annual Appreciation
-3.73%
Original Mortgage
$3,600,000
Outstanding Balance
$2,408,078
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,665,422

Purchase Details

Closed on
Mar 2, 2005
Sold by
Fordham 21 E Huron Llc
Bought by
Roy May 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
$4,800,000
Interest Rate
5.71%
Mortgage Type
Construction
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
Thanopoulos George P $6,500,000 None Available
Roy May Revocable Trust $5,096,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thanopoulos George P $3,600,000
Previous Owner Roy May Revocable Trust $4,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $6,500,000 -5.8% $1,083 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $6,900,000 -- $1,150 / Sq Ft
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 $89,765 $391,961 $11,128 $380,833
2023 $92,547 $425,445 $9,136 $416,309
2022 $92,547 $449,954 $9,136 $440,818
2021 $92,246 $458,729 $9,135 $449,594
2020 $100,591 $451,550 $6,923 $444,627
2019 $95,503 $475,346 $6,923 $468,423
2018 $94,874 $480,293 $6,923 $473,370
2017 $95,783 $444,944 $5,897 $439,047
2016 $89,117 $444,944 $5,897 $439,047
2015 $81,534 $444,944 $5,897 $439,047
2014 $69,099 $372,423 $4,615 $367,808
2013 $67,256 $372,423 $4,615 $367,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08258525

Midwest Real Estate Data (MRED)

APN: 17-10-107-016-1210