NOT LISTED FOR SALE

Estimated Value: $249,960 - $444,000

1 Bed
1 Bath
-- Sq Ft
$250/mo HOA Fee

Last Sold May 29, 2015

Last sale price $153,000

Est. 112% increase in value since last sale

Current estimated payment $2,309/month

163 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Breakfast Bar
  • Alcott Elementary School Rated A-
  • End Unit
  • 4-minute walk to Park West Park

About This Home

As of May 2015

Lincoln Park Loft Condo with exposed brick and timber. Bedroom on 2nd floor overlooking the living room. Hardwood floors throughout. Steps to public transportation, shopping and restaurants. One exterior deeded parking space is included in price. Property is sold in AS-IS condition. Public Act 94-1049 may apply. NON-CONFORMING LOANS ONLY due to 44% of the building is commercial space and low reserves

Last Agent to Sell the Property

Sarah Han

Baird & Warner License #475124770 Listed on: 11/03/2014

Last Buyer's Agent

Dave Guggenheim

Axis Realty, Inc. License #471006483

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,934

Lot Details

  • End Unit
  • East or West Exposure

HOA Fees

  • $250 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slate Roof

Interior Spaces

  • Vaulted Ceiling
  • Decorative Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price

Outdoor Features

  • Patio

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,934

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: 1/2 Duplex, Condo-Loft, Low Rise (1-3 Stories)
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 05X05, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Roof Type: Slate
  • Exterior Property Features: Patio, End Unit
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 250
  • Management Phone: 800-901-5431

Fee Information

  • Management Company: Westward Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14294071061007

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 2181.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2014
Closed on
Jun 10, 2015
Sold by
Reganti Srikant and Reganti Sowjanya
Bought by
Reganti Halsted Property Llc
Seller's Agent
Sarah Han
Baird & Warner
Buyer's Agent
Dave Guggenheim
Axis Realty, Inc.
List Price
$183,750
Sold Price
$153,000
Premium/Discount to List
-$30,750
-16.73%
Current Estimated Value
$324,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,740
Avg. Annual Appreciation
8.19%
Original Mortgage
$114,750
Outstanding Balance
$89,825
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$254,763

Purchase Details

Listed on
Nov 3, 2014
Closed on
May 21, 2015
Sold by
U S Bank Na
Bought by
Reganti Srikant and Reganti Sowjanya
Seller's Agent
Sarah Han
Baird & Warner
Buyer's Agent
Dave Guggenheim
Axis Realty, Inc.
List Price
$183,750
Sold Price
$153,000
Premium/Discount to List
-$30,750
-16.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Outstanding Balance
$89,825
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$254,763

Purchase Details

Closed on
Nov 26, 2013
Sold by
Pierre Patrick and Pierre Patrick J
Bought by
U S Bank Na

Purchase Details

Closed on
Aug 31, 2005
Sold by
Mahavir Enterprises Llc
Bought by
Pierre Patrick J and Pierre Francorse P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,900
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving
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
Reganti Halsted Property Llc -- Attorney
Reganti Srikant $153,000 Premier Title
U S Bank Na -- None Available
Pierre Patrick J $250,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reganti Srikant $114,750
Previous Owner Pierre Patrick J $24,900
Previous Owner Pierre Patrick J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $153,000 -2.3% --
04/15/2015 04/15/15 Pending -- -- --
04/07/2015 04/07/15 Price Changed $156,655 -5.0% --
03/02/2015 03/02/15 Price Changed $164,900 -10.3% --
01/27/2015 01/27/15 For Sale $183,750 0.0% --
01/21/2015 01/21/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $183,750 0.0% --
12/29/2014 12/29/14 Pending -- -- --
12/19/2014 12/19/14 For Sale $183,750 0.0% --
11/18/2014 11/18/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $183,750 -- --
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 $3,934 $16,328 $8,556 $7,772
2023 $3,835 $18,645 $12,433 $6,212
2022 $3,835 $18,645 $12,433 $6,212
2021 $3,749 $18,644 $12,432 $6,212
2020 $2,711 $12,168 $3,312 $8,856
2019 $2,653 $13,207 $3,312 $9,895
2018 $2,609 $13,207 $3,312 $9,895
2017 $2,846 $13,220 $2,944 $10,276
2016 $3,843 $19,185 $2,944 $16,241
2015 $3,516 $19,185 $2,944 $16,241
2014 $1,790 $9,648 $2,495 $7,153
2013 -- $9,648 $2,495 $7,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08767532

Midwest Real Estate Data (MRED)

APN: 14-29-407-106-1007