NOT LISTED FOR SALE

Estimated Value: $245,000 - $314,000

2 Beds
2 Baths
-- Sq Ft
$547/mo HOA Fee

Last Sold October 31, 2023

Last sale price $232,500

Est. 18% increase in value since last sale

Current estimated payment $2,299/month

2 Days on Market

Highlights

  • Wood Flooring
  • Soaking Tub
  • Dogs and Cats Allowed
  • Den
  • Baseboard Heating
  • 4-minute walk to Bromann Park

About This Home

As of October 2023

Nestled within the enchanting and historic lakefront community of Edgewater, this charming condominium unit offers a delightful blend of modern comfort and timeless appeal. With two bedrooms and two bathrooms, this well-appointed residence is designed for both convenience and relaxation. Upon entering, you're immediately greeted by the warm, gleaming hardwood floors that run seamlessly throughout the entire unit. The unit is equipped for a gas fireplace to be added for additional warmth during the winter months. The bedrooms and bathrooms are thoughtfully positioned on separate ends of the unit, ensuring privacy and quietude for residents. Each bedroom is spacious and inviting, offering plenty of room for rest and relaxation. Both bathrooms are true sanctuaries, featuring luxurious jacuzzi and soaker tubs where you can unwind and rejuvenate after a long day. For added convenience, a washer and dryer are discreetly ticked away in the unit, making laundry day a breeze. One of the standout features of this condominium is the gated covered parking spot that comes with the unit. Beyond the comforts of your home, you'll find the location to be ideal. Edgewater's historic community offers a wealth of outdoor activities, from lakeside strolls to picnics in the park. The proximity to parks, museums, restaurants, and shops ensures you'll never run out of things to do and explore. Schedule a showing today. Your new home awaits!

Last Agent to Sell the Property

Marcus Whiteside

Baird & Warner License #475197601 Listed on: 09/08/2023

Baird & Warner

Last Buyer's Agent

Stanley Engelsen

Jennings Realty,Inc. License #475135579

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1965

Lot Details

  • 0.82

HOA Fees

  • $547 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Den
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, internet
  • 48 Units
  • Yuri Chepela Association, Phone Number (312) 335-1950
  • Property managed by FirstService Residential
  • 5-Story Property

Pet Policy

  • Pets up to 35 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,503

Year Built

Built in 1965

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Room Type: Den
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Baseboard
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 547
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Yuri Chepela
  • Management Phone: 312-335-1950
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, TV/Cable, Internet

Lot Info

  • Lot Dimensions: 35662
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 3502.93
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 26, 2023
Sold by
Wildermuth Shane E
Bought by
Slipkowsky Lauren M
Seller's Agent
Marcus Whiteside
Baird & Warner
Buyer's Agent
Stanley Engelsen
Jennings Realty,Inc.
List Price
$235,000
Sold Price
$232,500
Premium/Discount to List
-$2,500
-1.06%
Views
9
Current Estimated Value
$274,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,969
Avg. Annual Appreciation
8.26%
Original Mortgage
$209,250
Outstanding Balance
$205,422
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$69,047

Purchase Details

Closed on
Apr 10, 2008
Sold by
Bonaguidi Michael and Bonaguidi Marika
Bought by
Wildermuth Shane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,415
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2003
Sold by
Bonaguidi Michael
Bought by
Bonaguidi Michael and Magnee Marika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 1998
Sold by
Rehab Associates Inc
Bought by
Garrucho Thelmo and Garrucho Caridad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Slipkowsky Lauren M $232,500 None Listed On Document
Wildermuth Shane E $232,000 None Available
Bonaguidi Michael -- Plaza Title Llc
Garrucho Thelmo $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slipkowsky Lauren M $209,250
Previous Owner Wildermuth Shane E $228,415
Previous Owner Bonaguidi Michael $132,000
Previous Owner Garrucho Thelmo $113,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $232,500 -1.1% --
09/11/2023 09/11/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $235,000 -- --
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 $3,679 $21,836 $4,294 $17,542
2023 $3,564 $20,751 $3,452 $17,299
2022 $3,564 $20,751 $3,452 $17,299
2021 $3,503 $20,750 $3,452 $17,298
2020 $2,693 $15,192 $1,984 $13,208
2019 $2,688 $16,810 $1,984 $14,826
2018 $2,642 $16,810 $1,984 $14,826
2017 $2,352 $14,303 $1,726 $12,577
2016 $2,365 $14,303 $1,726 $12,577
2015 $2,140 $14,303 $1,726 $12,577
2014 $1,942 $13,033 $1,316 $11,717
2013 $1,892 $13,033 $1,316 $11,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11871386

Midwest Real Estate Data (MRED)

APN: 14-08-206-030-1004