Seller's Agent in 2015
Eugene Fu
@ Properties
(312) 804-3738
46 in this area
388 Total Sales
Lake Point Tower 505 N Lake Shore Dr Unit 3801 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $957,000 - $1,297,000
3
Beds
3
Baths
3,000
Sq Ft
$1,613/mo
HOA Fee
Highlights
- Lake Front
- Rooftop Deck
- Attached Garage
- In Ground Pool
- Den
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of September 2015INCREDIBLE OPPORTUNITY TO CREATE YOUR OWN HOME! 3,000 sqft of raw space. Easily create a floor plan w/ 3 beds + family room. Stunning lake & skyline views from 88ft of floor to ceiling windows. Comparable finished spaces have sold for over $1.3M in the building. Priced to sell! Full amenity bldg w/ 2.5 acre prvt park, 24hr doorman, fitness cntr, indoor pool, steam, sauna, dry cleaner, etc. Deeded garage prkg $75k.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,217
Year Built
- 1968
Lot Details
- East or West Exposure
HOA Fees
- $1,613 per month
Parking
- Attached Garage
Home Design
- Concrete Siding
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Outdoor Features
- In Ground Pool
- Rooftop Deck
- Outdoor Grill
Location
- Property is near a bus stop
- City Lot
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Additional Features
- Den
- North or South Exposure
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2015
Closed on
Aug 20, 2015
Sold by
King Investments Llc
Bought by
Jeri Friedkin James and Jeri Louzike
Seller's Agent
Eugene Fu
@properties Christie's International Real Estate
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,963
Avg. Annual Appreciation
2.13%
Original Mortgage
$1,000,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2013
Sold by
King Ming Ta and King Gloria
Bought by
King Investments Llc
Purchase Details
Closed on
Nov 21, 2002
Sold by
King Investments Llc
Bought by
King Ming Ta and King Gloria
Purchase Details
Closed on
Aug 1, 2000
Sold by
Draw Enterprises Iii Llc
Bought by
Boyer Herve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.25%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeri Friedkin James | $900,000 | Cti | |
| King Investments Llc | -- | Chicago Title Insurance Comp | |
| King Ming Ta | -- | Chicago Title Insurance Comp | |
| Boyer Herve | $960,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jeri Friedkin James | $1,000,000 | |
| Previous Owner | King Ming Ta | $664,600 | |
| Previous Owner | Boyer Herve | $700,000 | |
| Previous Owner | American National Bk & Tr Co Of Chicago | $436,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2015 09/22/15 | Sold | $900,000 | -5.3% | $300 / Sq Ft |
| 08/06/2015 08/06/15 | Pending | -- | -- | -- |
| 03/23/2015 03/23/15 | For Sale | $950,000 | -- | $317 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,217 | $54,705 | $3,144 | $51,561 |
| 2023 | $8,963 | $47,000 | $2,538 | $44,462 |
| 2022 | $8,963 | $47,000 | $2,538 | $44,462 |
| 2021 | $8,781 | $46,998 | $2,537 | $44,461 |
| 2020 | $9,542 | $45,936 | $1,955 | $43,981 |
| 2019 | $9,331 | $49,873 | $1,955 | $47,918 |
| 2018 | $9,852 | $49,873 | $1,955 | $47,918 |
| 2017 | $9,578 | $44,491 | $1,666 | $42,825 |
| 2016 | $8,911 | $44,491 | $1,666 | $42,825 |
| 2015 | $8,153 | $44,491 | $1,666 | $42,825 |
| 2014 | $8,262 | $44,529 | $1,303 | $43,226 |
| 2013 | $8,099 | $44,529 | $1,303 | $43,226 |
Source: Public Records
Agents Affiliated with this Home
-
Eugene Fu
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08869235
APN: 17-10-214-016-1349
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