S
Seller's Agent in 2024
Sheila Price
Baird Warner
(708) 218-5140
1 in this area
13 Total Sales
Lake Point Tower 505 N Lake Shore Dr Unit 4110 Chicago, IL 60611
Streeterville Neighborhood
2
Beds
2
Baths
1,450
Sq Ft
$1,274/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Community Indoor Pool
- Steam Room
- Waterfront
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of October 2024Exceptional two-bedroom, two-bathroom corner unit on the 41st floor of Lake Point Tower. Considered the "premier tier" it affords spectacular views of the lake on the south and downtown skyline on the west - enjoy the fireworks from your windows! Remodeling has just been completed in a neutral palette, with new luxury vinyl flooring throughout the main living spaces and bedrooms. Both bathrooms have just been redecorated with all new fixtures: glass enclosed showers, toilets, chrome finishes. Master bath includes a sleek floating vanity with double sinks and mirrored custom closets allowing for the ease of dressing. Guest bedroom/office space features a wall of custom designed California closets for ample storage. Unique marble kitchen has Bosch dishwasher, covered microwave cabinet and recently upgraded Sub-Zero Refrigerator and Bertazzoni Induction Range. Unit has two recently installed water heaters and six hvac units allowing for individual climate control. Also included is a washer/dryer connection. A distinctive Venetian semi-precious stone medallion in the foyer makes for a truly elegant entrance. This is a full amenity building with heated indoor pool, multi-room gym with full amenities including saunas and steam in locker rooms, dance studio, hot tubs, library, business center, community room, laundry and dry cleaners, bike storage, 24hr doorman and security personnel, mail room, indoor dog run, and Valet parking available for $275/month through the building. This unique building features a breathtaking, private 2.5-acre park with heated outdoor pool, grilling stations, waterfall and lagoon. You can enjoy these incredible views without fear of them being obstructed when you make your home in one of Chicago's iconic, award-winning buildings.
Last Agent to Sell the Property
Baird & Warner License #475142674 Listed on: 06/12/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,251
Year Built
- Built in 1968
Lot Details
HOA Fees
- $1,274 Monthly HOA Fees
Interior Spaces
- 1,450 Sq Ft Home
- Entrance Foyer
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Parking
- Attached Garage
- Leased Parking
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Heating Available
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, internet
- 758 Units
- Seth Winnie Association, Phone Number (312) 467-0505
- High-Rise Condominium
- Lake Point Tower Subdivision
- Property managed by First Service Residential
- 70-Story Property
Amenities
- Doorman
- Valet Parking
- Restaurant
- Steam Room
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Park
- Bike Trail
Pet Policy
- Pets up to 55 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2024
Closed on
Sep 11, 2024
Sold by
Daryl Eugene Wells Living Trust and Flowers Michael
Bought by
Tschanturia Rosalie
Seller's Agent
Sheila Price
Baird & Warner
Buyer's Agent
Darrell Scott
Compass
List Price
$659,900
Sold Price
$610,000
Premium/Discount to List
-$49,900
-7.56%
Views
70
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
$38,259
Avg. Annual Appreciation
6.19%
Original Mortgage
$427,000
Outstanding Balance
$424,053
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$221,737
Purchase Details
Closed on
Jun 25, 2018
Sold by
Flowers Michael
Bought by
Wells Daryl Eugene and Daryl Eugene Wells Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 3, 2017
Sold by
Flowers Michael
Bought by
The Michael Flowers Living Trust and Daryl Eugene Wells Living Trust
Purchase Details
Closed on
Jun 12, 2014
Sold by
Flowers Michael
Bought by
Flowers Michael and The Michael Flowers Living Trust
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $610,000 | None Listed On Document | |
| Deed | -- | Novas Title Company Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $427,000 | New Conventional | |
| Previous Owner | $168,000 | New Conventional | |
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $303,000 | Credit Line Revolving | |
| Previous Owner | $227,000 | Credit Line Revolving | |
| Previous Owner | $235,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $610,000 | -7.6% | $421 / Sq Ft |
| 07/26/2024 07/26/24 | Pending | -- | -- | -- |
| 06/12/2024 06/12/24 | For Sale | $659,900 | -- | $455 / 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 | $10,556 | $64,545 | $3,709 | $60,836 |
| 2023 | $10,252 | $56,000 | $2,995 | $53,005 |
| 2022 | $10,252 | $56,000 | $2,995 | $53,005 |
| 2021 | $10,055 | $55,999 | $2,994 | $53,005 |
| 2020 | $11,383 | $54,199 | $2,307 | $51,892 |
| 2019 | $11,133 | $58,844 | $2,307 | $56,537 |
| 2018 | $10,945 | $58,844 | $2,307 | $56,537 |
| 2017 | $10,574 | $52,493 | $1,965 | $50,528 |
| 2016 | $10,014 | $52,493 | $1,965 | $50,528 |
| 2015 | $9,138 | $52,493 | $1,965 | $50,528 |
| 2014 | $9,271 | $52,539 | $1,538 | $51,001 |
| 2013 | $9,077 | $52,539 | $1,538 | $51,001 |
Source: Public Records
Agents Affiliated with this Home
-
Sheila Price
-
Darrell Scott
Buyer's Agent in 2024
Darrell Scott
Compass
(317) 340-8519
2 in this area
484 Total Sales
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12082539
APN: 17-10-214-016-1304
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