NOT LISTED FOR SALE

Estimated Value: $763,000 - $875,000

3 Beds
2 Baths
1,635 Sq Ft
$1,210/mo HOA Fee

Last Sold December 06, 2021

Last sale price $775,000 $474 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,970/month

12 Days on Market

Highlights

  • Living Room with Fireplace
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Heated Garage
  • Attached Garage
  • Resident Manager or Management On Site
  • 1-minute walk to Washington Square Park

About This Home

As of December 2021

Enjoy entertaining on the clay tiled 26'x6' balcony with gorgeous views of Washington Square Park and the Newberry Library. This freshly painted 3br/2ba unit at the Park Newberry has been upgraded with hardwood floors in LR/DR and bedrooms, Bose sound system throughout and a slate tiled fireplace with remote control . The condo features a gracious open living room/dining room and a cook's kitchen with Peninsula, stainless appliances, granite, and tumbled marble backsplash. Generous Primary suite with two organized walk-in closets and large primary bath with separate tub and shower. The 2nd bedroom has a double wall of closets and custom built-in cabinets and desk. The third bedroom is used as a den which opens to the kitchen. In unit laundry. A large deeded parking space with storage room is included with an additional parking space available for purchase. Two pets to 25lbs are welcome. On site manager, 24 hr door staff and maintenance is 5*. All five elevators just modernized, Hallways and Common Area community rooms just renovated and updated Fitness Center. Move right in and enjoy a wonderful neighborhood with restaurants, shops and so much more.

Last Agent to Sell the Property

Elizabeth Ballis

Compass License #475081668 Listed on: 09/22/2021

Compass

Last Buyer's Agent

Mario Greco

Compass License #475105845

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,454

Year Built

  • 1998

Lot Details

  • 1.55

HOA Fees

  • $1,210 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Separate Shower

Community Details

Overview

  • 183 Units
  • Silvio Brizu Association, Phone Number (312) 951-6627
  • Low-Rise Condominium
  • Property managed by Community Specialists

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,454

Year Built

1998

Lot Details

0

HOA Fees

$1,210 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Property Sub Type: Condo,Low Rise (1-3 Stories)
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • Directions: Between Dearborn and Clark one block South of Walton Park in the Circle
  • Lot Size: COMMON
  • Master Model: JEFFERSON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • Dining Room Type: Balcony/Porch/Lanai
  • Stories: 12

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Laundry Features: In Unit, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Silvio Brizu
  • Management Phone: 312-951-6627
  • Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Service Elevator(s), Valet/Cleaner, Business Center, Elevator(s)
  • Association Fee: 1210
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden Elementary
  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Multi Family

  • Units in Building: 183

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 16302.22
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Jan 3, 2022
Sold by
Cohen Lynn R and The Lynn R Cohen Revocable Tru
Bought by
Smith Fred B and Smith Martha G
Seller's Agent
Elizabeth Ballis
Compass
Buyer's Agent
Mario Greco
Compass
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%
Current Estimated Value
$816,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,803
Avg. Annual Appreciation
1.64%
Original Mortgage
$400,000
Outstanding Balance
$356,840
Interest Rate
0.03%
Estimated Equity
$465,823

Purchase Details

Listed on
Sep 22, 2021
Closed on
Dec 4, 2021
Sold by
Cohen Lynn R and The Lynn R Cohen Revocable Tru
Bought by
Smith Fred B and Smith Martha G
Seller's Agent
Elizabeth Ballis
Compass
Buyer's Agent
Mario Greco
Compass
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$356,840
Interest Rate
0.03%
Estimated Equity
$465,823

Purchase Details

Closed on
Nov 30, 2007
Sold by
Cohen Lynn R and Cohen Edward A
Bought by
Cohen Lynn R and Lynn R Cohen Revocable Trust

Purchase Details

Closed on
Jul 8, 2005
Sold by
Szafranski Robert W and Szafranski Alexandria M
Bought by
Cohen Edward A and Cohen Lynn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Johnstone Michael B and Johnstone Lisa A
Bought by
Szafranski Robert W and Szafranski Alexandria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1998
Sold by
Park Newberry Llc
Bought by
Johnstone Michael B and Johnstone Lisa A

Purchase Details

Closed on
Mar 16, 1998
Sold by
Park Newberry Llc
Bought by
Kromelow Jason B and Panter Roberta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.14%
Source: Public Records

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
Smith Fred B $775,000 --
Smith Fred B $775,000 --
Smith Fred B $775,000 --
Cohen Lynn R -- Chicago Title Insurance Co
Cohen Edward A $760,000 First American
Szafranski Robert W $710,000 --
Johnstone Michael B -- --
Kromelow Jason B $223,500 --
Johnstone Michael B $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Fred B $400,000
Closed Smith Fred B $400,000
Previous Owner Cohen Edward A $494,000
Previous Owner Szafranski Robert W $435,000
Previous Owner Szafranski Robert W $421,000
Previous Owner Szafranski Robert W $100,000
Previous Owner Szafranski Robert W $425,000
Previous Owner Szafranski Robert W $425,000
Previous Owner Johnstone Michael B $300,000
Previous Owner Johnstone Michael B $150,000
Previous Owner Kromelow Jason B $196,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $775,000 -3.1% $474 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $800,000 -- $489 / 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 $15,454 $69,982 $11,504 $58,478
2023 $15,065 $73,245 $9,450 $63,795
2022 $15,065 $73,245 $9,450 $63,795
2021 $14,729 $73,244 $9,449 $63,795
2020 $14,648 $65,756 $6,483 $59,273
2019 $14,338 $71,365 $6,483 $64,882
2018 $14,097 $71,365 $6,483 $64,882
2017 $12,877 $59,819 $5,186 $54,633
2016 $11,481 $59,819 $5,186 $54,633
2015 $10,481 $59,819 $5,186 $54,633
2014 $9,842 $55,616 $4,167 $51,449
2013 $9,637 $55,616 $4,167 $51,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11225981

Midwest Real Estate Data (MRED)

APN: 17-04-441-024-1112