NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,288,000

3 Beds
3 Baths
2,384 Sq Ft
$1,104/mo HOA Fee

Last Sold May 02, 2016

Last sale price $1,300,000 $545 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $9,499/month

30 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Grand Avenue Station (Red Line)
  • Attached Garage
  • Whirlpool Bathtub
  • Double Oven
  • Breakfast Bar

About This Home

As of May 2016

Gorgeous views and modern luxury are uniquely embodied in this southwest corner 3 bedroom, 3 bath 2384 sq. ft residence in 55 E Erie. This ideal floor plan offers a very spacious living and dining area, perfect for just relaxing or to entertain, 9.5 ft ceilings, 2 terraces, large eat-in kitchen adorned with SS appliances and granite surfaces, and generous bedroom sizes, all enveloped by picturesque city views. Master suite has large walk-in closet and en-suite bath w/ marble floors and countertops along w/ sep tub and incredible shower. Custom closets and motorized shades throughout. Laundry room. Full-amenity building with pool, fitness center, party room, valet, and more. 1 deeded parking space included.

Last Agent to Sell the Property

David Faber

Coldwell Banker Realty Listed on: 02/01/2016

Last Buyer's Agent

Kate Waddell

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,990

Year Built

  • 2003

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $1,104 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,990

Year Built

2003

Lot Details

0

HOA Fees

$1,104 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 26
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2003
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 56
  • Year Built: 2003

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 32X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 21X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 15X7, On Level: Main Level
  • Bedroom 2: Dimensions: 11X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X14, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 2384
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Concrete
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Zoned

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Indoors, Sauna, Steam Room, Valet/Cleaner
  • Assessment Includes: Water, Gas, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 1104
  • Management Contact Name: Mike
  • Management Phone: 312-440-0100

Fee Information

  • Management Company: Sudler

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17101120111120

Multi Family

  • Total Number Unitsin Building: 214
  • Number Stories: 56

Tax Info

  • Taxes: 17605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2014
Closed on
Nov 30, 2014
Sold by
Grebitus Barbara and Four Phio Trust
Bought by
Laumann Eric K and Laumann Sandra L
Seller's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
Buyer's Agent
David Faber
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,270,000
Premium/Discount to List
-$80,000
-5.93%
Total Days on Market
30
Current Estimated Value
$1,139,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,544
Avg. Annual Appreciation
-1.24%

Purchase Details

Closed on
Jan 28, 2009
Sold by
Grebitus Barbara
Bought by
Grebitus Barbara and Four Phio Trust

Purchase Details

Closed on
Mar 23, 2007
Sold by
Prudential Relocation Inc
Bought by
Grebitus Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2007
Sold by
Slote Kathleen
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2006
Sold by
Maurice Joseph M and Maurice Jean M
Bought by
Slote Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2004
Sold by
Greenberg Richard
Bought by
Maurice Joseph M and Maurice Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2004
Sold by
55 Erie Investors Llc
Bought by
Greenberg Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,708
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
55 Erie Investors Llc
Bought by
Majzoub Abdul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,708
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
55 Erie Investors Llc
Bought by
Mcgrath Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,708
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Laumann Eric K $1,270,000 Stewart Title
Grebitus Barbara -- None Available
Grebitus Barbara $1,200,000 Ticor Title Insurance
Prudential Relocation Inc $1,200,000 Ticor Title Insurance
Slote Kathleen $1,225,000 Attorneys Title Guaranty Fun
Maurice Joseph M $1,075,000 Ctic
Greenberg Richard $965,500 Nnnt
Majzoub Abdul $679,000 Near North National Title
Mcgrath Patricia J $630,000 Nnnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laumann Eric K $500,000
Previous Owner Grebitus Barbara $960,000
Previous Owner Prudential Relocation Inc $960,000
Previous Owner Slote Kathleen $920,000
Previous Owner Maurice Joseph M $675,000
Previous Owner Majzoub Abdul $543,708
Previous Owner Mcgrath Patricia J $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $1,300,000 -2.3% $545 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $1,330,000 +4.7% $558 / Sq Ft
11/24/2014 11/24/14 Sold $1,270,000 -5.9% $533 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $1,350,000 -- $566 / Sq Ft
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 $23,990 $106,802 $2,806 $103,996
2023 $23,990 $115,459 $2,272 $113,187
2022 $23,990 $116,637 $2,272 $114,365
2021 $24,197 $123,660 $2,271 $121,389
2020 $23,401 $108,148 $1,745 $106,403
2019 $22,901 $117,413 $1,745 $115,668
2018 $22,514 $117,413 $1,745 $115,668
2017 $23,192 $111,112 $1,486 $109,626
2016 $21,754 $111,112 $1,486 $109,626
2015 $20,361 $111,112 $1,486 $109,626
2014 $17,605 $97,457 $1,163 $96,294
2013 $17,247 $97,457 $1,163 $96,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09128112

Midwest Real Estate Data (MRED)

APN: 17-10-112-011-1120