NOT LISTED FOR SALE

Estimated Value: $308,202 - $369,000

2 Beds
2 Baths
-- Sq Ft
$1,057/mo HOA Fee

Last Sold May 16, 2023

Last sale price $270,000

Est. 26% increase in value since last sale

Current estimated payment $3,246/month

9 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Rooftop Deck
  • 2-minute walk to Mariano (Louis) Park

About This Home

As of May 2023

Live On One Of The Most Desired Tree Lined Streets In The Gold Coast... Cedar Street! 40 E. Cedar Is A Boutique Pet Friendly High-Rise That Hosts Only 4 Units Per Floor & Features Door Staff, Secured Attached Garage Parking & Roof Top Sun Decks. The Condo Itself Features Hardwood Flooring Throughout, SS Kitchen Appliances, Maple Cabinets, Pine Doors, Crown Moldings, Tons Of Closet Space, Mosaic Tiled Bathrooms, Gold Coast Views & So Much More. Assessments Include Heat, Air Conditioning, Water, Gas, Cable, High-Speed Internet, On-Site Management & Fitness Center. Located Just Off Rush Street w/ Close Proximity To Dining, Shopping, Lake Michigan, Grocery Stores, Easy Transportation & Minutes To The Magnificent Mile!

Last Agent to Sell the Property

Steven Johnson

Jameson Sotheby's Intl Realty License #475155838 Listed on: 02/24/2023

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Debra Flynn

Baird & Warner License #475123878

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1970 | Remodeled in 2007

Lot Details

  • 0.29

HOA Fees

  • $1,057 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Rooftop Deck

Schools

  • Ogden Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Steam
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 74 Units
  • Adam Pizzitola Association, Phone Number (312) 266-6073
  • Property managed by Sudler
  • 23-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Package Room
  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,626

Year Built

Built in 1970 | Remodeled in 2007

Lot Details

0

HOA Fees

$1,057 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 16
  • Rehab Year: 2007
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23
  • Year Renovated: 2007

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage
  • Room Type: No additional rooms
  • Stories Total: 23
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Roof Deck, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Concrete,Circular
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1057
  • Association Amenities: Door Person, Coin Laundry, Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Adam Pizzitola
  • Management Phone: 312-266-6073
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • High School: Lincoln Park High School

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 220
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 4626
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
May 4, 2023
Sold by
Castelli Ronald Joseph
Bought by
Williams Laura
Seller's Agent
Steven Johnson
Jameson Sotheby's Intl Realty
Buyer's Agent
Debra Flynn
Baird & Warner
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Views
66
Current Estimated Value
$340,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,551
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Apr 29, 2017
Sold by
Werner Jack L and Means Kathleen E
Bought by
Castelli Romald Joseph

Purchase Details

Closed on
Dec 8, 2005
Sold by
Friberg Mariel M and Friberg Mariel
Bought by
Werner Jack L and Means Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2002
Sold by
Butcher William M and Butcher Alissa
Bought by
Friberg Mariel M

Purchase Details

Closed on
Apr 20, 1998
Sold by
Lefelar Scott A and Lefelar Melissa L
Bought by
Butcher William M and Olsen Alissa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
7.25%

Purchase Details

Closed on
May 31, 1994
Sold by
Stark Jeffrey R and Stark Jill S
Bought by
Lefelar Scott A and Lefelar Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Laura $270,000 None Listed On Document
Castelli Romald Joseph $330,000 First American Title
Werner Jack L $307,000 1St American Title
Friberg Mariel M $268,500 --
Butcher William M $158,000 --
Lefelar Scott A $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Werner Jack L $245,600
Previous Owner Butcher William M $150,100
Previous Owner Lefelar Scott A $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $270,000 -5.3% --
03/06/2023 03/06/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $285,000 -- --
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 $4,857 $30,166 $5,241 $24,925
2023 $4,709 $27,000 $4,256 $22,744
2022 $4,709 $27,000 $4,256 $22,744
2021 $4,626 $26,999 $4,255 $22,744
2020 $4,585 $24,303 $2,953 $21,350
2019 $4,472 $26,373 $2,953 $23,420
2018 $4,395 $26,373 $2,953 $23,420
2017 $5,165 $23,991 $2,362 $21,629
2016 $4,805 $23,991 $2,362 $21,629
2015 $4,396 $23,991 $2,362 $21,629
2014 $4,223 $22,761 $1,898 $20,863
2013 $4,140 $22,761 $1,898 $20,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11724858

Midwest Real Estate Data (MRED)

APN: 17-03-201-069-1067