NOT LISTED FOR SALE

Estimated Value: $251,000 - $353,000

2 Beds
1 Bath
-- Sq Ft
$978/mo HOA Fee

Last Sold July 11, 2022

Last sale price $265,000

Est. 10% increase in value since last sale

Current estimated payment $3,094/month

213 Days on Market

Highlights

  • Stainless Steel Appliances
  • 4-minute walk to Grand Avenue Station (Red Line)
  • Cats Allowed
  • Central Air
  • Combination Dining and Living Room
  • Heating Available

About This Home

As of July 2022

Welcome to 535 N Michigan Ave condos. This very high floor unit has gorgeous Mag Mile views and is beautifully updated with hardwood floors throughout. The open kitchen has granite countertops, high quality maple cabinets and stainless steel appliances. Wonderful condo association with recent renovations to common areas, and a proactive management company, and onsite maintenance. The building features an indoor pool, party/business room, receiving room, doorstaff, and laundry room. Investors can rent out units with 1-year leases.

Last Listed By

Katrina de los Reyes

Berkshire Hathaway HomeServices Chicago License #475150010 Listed on: 09/27/2021

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,945

Year Built

  • Built in 1962 | Remodeled in 2012

Lot Details

  • 0.46

HOA Fees

  • $978 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 460 Units
  • Francisco Castro Association, Phone Number (312) 670-2641
  • Property managed by 535 N. Michigan Ave Condominium Association
  • 33-Story Property

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,945

Year Built

Built in 1962 | Remodeled in 2012

Lot Details

0

HOA Fees

$978 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: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 31
  • Rehab Year: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 33
  • Year Renovated: 2012

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 33
  • 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
  • Total Sq Ft: 0

Exterior Features

  • List Price: 280000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 978
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: 535 N. Michigan Ave Condominium Association
  • Management Contact Name: Francisco Castro
  • Management Phone: 312-670-2641
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 5945.46
  • Tax Year: 2020

Multi Family

  • Units in Building: 460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Jun 13, 2022
Sold by
Kuan George and Hsiao Man
Bought by
Hague Michael T
Seller's Agent
Katrina de los Reyes
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Todd Hague
1st Cornerstone Realty Inc.
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%
Total Days on Market
213
Current Estimated Value
$292,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,204
Avg. Annual Appreciation
3.45%
Original Mortgage
$185,500
Outstanding Balance
$181,097
Interest Rate
8.38%
Mortgage Type
New Conventional
Estimated Equity
$111,107

Purchase Details

Closed on
Jul 16, 2004
Sold by
Price Harry H and Mitchell Judith A
Bought by
Kuan George and Kuan Hsiao Man

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
Hague Michael T $265,000 None Listed On Document
Kuan George $200,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hague Michael T $185,500
Previous Owner Price Harry H $60,206
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $265,000 -5.4% --
04/29/2022 04/29/22 Pending -- -- --
09/27/2021 09/27/21 For Sale $280,000 0.0% --
04/01/2021 04/01/21 Rented $1,900 -4.8% --
01/30/2021 01/30/21 Price Changed $1,995 -13.3% --
09/24/2020 09/24/20 For Rent $2,300 -- --
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 $5,775 $28,938 $1,398 $27,540
2023 $5,775 $28,080 $1,127 $26,953
2022 $5,775 $28,080 $1,127 $26,953
2021 $5,646 $28,079 $1,127 $26,952
2020 $5,945 $26,689 $869 $25,820
2019 $5,822 $28,977 $869 $28,108
2018 $5,724 $28,977 $869 $28,108
2017 $4,944 $26,340 $740 $25,600
2016 $4,775 $26,340 $740 $25,600
2015 $4,452 $26,916 $740 $26,176
2014 $3,763 $22,851 $579 $22,272
2013 $3,678 $22,851 $579 $22,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11231023

Midwest Real Estate Data (MRED)

APN: 17-10-122-025-1444