Seller's Agent in 2022
Elizabeth Ballis
Compass
(312) 343-4545
13 in this area
129 Total Sales
Park Newberry 55 W Delaware Place Unit 614 Chicago, IL 60610
Rush-Division NeighborhoodEstimated Value: $610,000 - $711,000
2
Beds
2
Baths
1,500
Sq Ft
$903/mo
HOA Fee
Highlights
- Doorman
- 5-minute walk to Chicago Avenue Station (Red Line)
- Business Center
- Fitness Center
- Open Floorplan
- 1-minute walk to Washington Square Park
About This Home
As of May 2022Value Priced! Ideally located at the Park Newberry, this rarely available floorplan is a 1500sf two bedroom, two bath which offers a sun-drenched Southern exposure with a covered, tiled balcony. It is freshly painted and ready for your personal touches. The split floor plan features a large kitchen with breakfast/office area and generous bedrooms with abundant closets. Full side by side laundry. Garage parking space with large adjacent storage room included. Wonderful curb appeal with its' beautiful circular driveway, the Park Newberry is ideally located in the Near North neighborhood on a very quiet, across from the Newberry Library and Washington Square Park. Newly updated corridors and 5 elevators, wonderful gym and large community room both currently being renovated with new equipment and furniture plus 2 common area roof decks with furniture for Summer enjoyment. Fantastic 5-star staff with On-site manager. Approx. $1.7M in reserves. Enjoy this tranquil location with an easy walk to shopping and transportation. Two dogs (up to 25lb each) welcome. Walk score 90!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,309
Year Built
- Built in 1996
Lot Details
- 1.55
HOA Fees
- $903 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Circular Driveway
- Parking Included in Price
Interior Spaces
- 1,500 Sq Ft Home
- Open Floorplan
- Ceiling height of 9 feet or more
- Gas Log Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Gym
- Laundry in unit
Flooring
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower
Schools
- Ogden Elementary School
Utilities
- Central Air
- Heat Pump System
Additional Features
- Additional Parcels
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, tv/cable, exterior maintenance, scavenger, snow removal, internet
- 183 Units
- Silvio Brizu Association, Phone Number (312) 951-6627
- Fairbanks
- Property managed by COMMUNITY SPECIALISTS
- 12-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Business Center
- Party Room
- Elevator
- Service Elevator
- Lobby
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Pets up to 25 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
Oct 26, 2021
Closed on
May 9, 2022
Sold by
Theodore L Towne Trust and Leatrice C Towne Trust
Bought by
Ross Andrew Scott and Ross Andrea
Seller's Agent
Elizabeth Ballis
Compass
Buyer's Agent
Haroon Khan
Streeterville Realty, LLC
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%
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
$145,170
Avg. Annual Appreciation
7.97%
Purchase Details
Closed on
Oct 15, 2009
Sold by
Towne Theodore and Towne Leatrice
Bought by
Towne Theodore L and Theodore L Towne Trust
Purchase Details
Closed on
Jun 15, 2009
Sold by
Lilienthal Kristie
Bought by
Lilienthal Stephen W
Purchase Details
Closed on
Jan 30, 2002
Sold by
Swastek Richard J and Bisker Thomas M
Bought by
Lilienthal Stephen and Lilienthal Kristie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 1998
Sold by
Park Newberry Llc
Bought by
Bisker Thomas M and Swastek Richard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.27%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ross Andrew Scott | $515,000 | None Listed On Document | |
| Ross Andrew Scott | $515,000 | King Robin S | |
| Towne Theodore L | -- | Fort Dearborn Land Title Llc | |
| Towne Theodore | $605,000 | Multiple | |
| Lilienthal Stephen W | $325,000 | First American Title | |
| Lilienthal Stephen | $590,000 | -- | |
| Bisker Thomas M | $248,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lilienthal Stephen | $223,105 | |
| Previous Owner | Lilienthal Stephen | $456,000 | |
| Previous Owner | Swastek Richard J | $195,000 | |
| Previous Owner | Bisker Thomas M | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2022 05/11/22 | Sold | $515,000 | -10.4% | $343 / Sq Ft |
| 04/14/2022 04/14/22 | Pending | -- | -- | -- |
| 10/26/2021 10/26/21 | For Sale | $575,000 | -- | $383 / 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 | $11,260 | $50,989 | $8,382 | $42,607 |
| 2023 | $10,976 | $53,366 | $6,885 | $46,481 |
| 2022 | $10,976 | $53,366 | $6,885 | $46,481 |
| 2021 | $10,731 | $53,365 | $6,884 | $46,481 |
| 2020 | $9,429 | $47,909 | $4,723 | $43,186 |
| 2019 | $9,206 | $51,996 | $4,723 | $47,273 |
| 2018 | $9,049 | $51,996 | $4,723 | $47,273 |
| 2017 | $8,075 | $43,585 | $3,779 | $39,806 |
| 2016 | $7,872 | $43,585 | $3,779 | $39,806 |
| 2015 | $7,163 | $43,585 | $3,779 | $39,806 |
| 2014 | $6,701 | $40,521 | $3,036 | $37,485 |
| 2013 | $6,550 | $40,521 | $3,036 | $37,485 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Nicole Niermeyer
Compass
(773) 620-5956
3 in this area
47 Total Sales
-
Buyer's Agent in 2022
Haroon Khan
Streeterville Realty, LLC
(312) 545-2266
2 in this area
90 Total Sales
About Park Newberry
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11255374
APN: 17-04-441-024-1124
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