NOT LISTED FOR SALE

Estimated Value: $416,431

1 Bed
1 Bath
933 Sq Ft
2.32 Acre Lot

Sale Details

Date Sold: June 6, 2023

Last sale price $385,000 $413 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,715 / mo

7 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Sauna
  • Fitness Center
  • Wood Flooring
  • Community Pool

About This Home

As of June 2023

Don't miss this meticulously maintained, generously sized SOUTH facing unit at The Fairbanks with absolutely stunning river and iconic city views from an 12x5 foot private terrace. The spacious open concept living/dining area features floor to ceiling windows, new wide board hardwood floors and an upgraded kitchen with gas cooking, Thermador, Kitchenaid, and Bosch appliances, Shaker cabinets, granite countertops and large breakfast bar with seating for 4 people. The primary suite has an organized walk in closet and a bright white marble bath with a large soaking tub/shower. Completing the package is a full size LG washer/dryer. This unit shows like a model and can be purchased completely furnished. The amenities in this building are second to none with onsite management, 24 hr doorman, media center, party room with catering kitchen, movie room, sauna, dog run and roof top plunge pool. The building is conveniently located on a quiet cul de sac just steps away from the Magnificent Mile, the Loop, Navy Pier, the Riverwalk and Whole Foods Market.

Last Agent to Sell the Property

Nan Vaile

Baird & Warner License #475145779 Listed on: 04/27/2023

Baird & Warner

Last Buyer's Agent

Marnie Sax

Compass License #475154304

Compass
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,784

Year Built

  • Built in 2008

Lot Details

  • Waterfront

HOA Fees

  • $745 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 933 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 242 Units
  • Kerrol Hermit Association, Phone Number (312) 755-0042
  • Property managed by First Service Residential
  • 30-Story Property

Amenities

  • Doorman
  • Sundeck
  • Sauna
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,784

Year Built

Built in 2008

Lot Details

2.32 Acres

HOA Fees

$745 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2008
  • Age: 11-15 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: 17
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 30

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 933
  • Other Equipment: Fire Sprinklers
  • Room Type: No additional rooms
  • Stories Total: 30
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 745
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Kerrol Hermit
  • Management Phone: 312-755-0042
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7784.46
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 242

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 2, 2023
Sold by
Bought by
Seller's Agent
Nan Vaile
Baird & Warner
Buyer's Agent
Marnie Sax
Compass
List Price
$385,000
Sold Price
$385,000
Views
6
Current Estimated Value
$416,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,431
Avg. Annual Appreciation
2.51%
Original Mortgage
$231,000
Outstanding Balance
$221,679
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$194,752

Purchase Details

Listed on
Jan 25, 2019
Closed on
Apr 10, 2019
Sold by
Bought by
Seller's Agent
Tim Vaughn
Baird & Warner
Buyer's Agent
Ayumi DeLoney
Compass
Sold Price
$2,600

Purchase Details

Closed on
Dec 7, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.31%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$385,000 None Listed On Document
-- None Available
$406,000 Lawyers
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $231,000
Previous Owner $292,000
Closed $365,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $385,000 0.0% $413 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $385,000 0.0% $413 / Sq Ft
04/12/2019 04/12/19 Rented $2,600 0.0% --
03/11/2019 03/11/19 Price Changed $2,600 -7.1% $3 / Sq Ft
01/25/2019 01/25/19 For Rent $2,800 0.0% --
07/07/2018 07/07/18 For Rent $2,800 0.0% --
07/07/2018 07/07/18 Under Contract -- -- --
07/07/2018 07/07/18 Rented $2,800 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,168 $39,572 $6,490 $33,082
2024 $8,168 $39,572 $6,490 $33,082
2023 $7,962 $38,713 $5,234 $33,479
2022 $7,962 $38,713 $5,234 $33,479
2021 $7,784 $38,711 $5,233 $33,478
2020 $7,931 $38,703 $4,037 $34,666
2019 $7,753 $42,019 $4,037 $37,982
2018 $7,622 $42,019 $4,037 $37,982
2017 $7,067 $36,204 $1,634 $34,570
2016 $6,751 $36,204 $1,634 $34,570
2015 $6,154 $36,204 $1,634 $34,570
2014 $4,754 $28,189 $1,271 $26,918
2013 $4,649 $28,189 $1,271 $26,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11768876

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1079

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