Seller's Agent in 2018
Marissa Schaefer
Compass
(312) 560-8400
6 in this area
41 Total Sales
550 W Wellington Ave Unit 2E Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $862,000 - $1,409,000
2
Beds
2
Baths
2,000
Sq Ft
$581/mo
HOA Fee
Highlights
- Landscaped Professionally
- Deck
- Whirlpool Bathtub
- Nettelhorst Elementary School Rated A-
- Wood Flooring
- Terrace
About This Home
As of September 2018Coveted, pristine home in contemporary boutique bldg w/ private elevator. 2 units/floor-this apt is unique in the bldg w/ 2 huge outdoor areas - an atrium patio 19'x11' in the center of the apt. off an open den & 2nd bedrm - ideal for entertaining and lounging. Den can be a 3rd BR if needed. And a partially covered extra-long deck off the master BR with 272 s.f! All the upgrades you crave - Kitchen w/ SubZero refrigerator, Miele gas range, granite counters, tiled backsplash, Bulthaup cabinets. Stone bathrooms w/new walnut & marble vanities, huge master bathrm with whirlpool & separate walk-in shower, lavish custom built walk-in master closet/dressing room. High ceilings, lots of windows, walnut wood floors, all closets are custom designed, mesh shades throughout w/custom valances, beautiful new lighting thruout & stereo speakers. Plus laundry rm with newer Whirlpool Duet W/D, new furnace, & garbage chute. Incl 1-car gar! Steps to Mariano's, gym, Starbucks, trendy restaurants, clnrs
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,950
Year Built
- 2004
Lot Details
- Southern Exposure
- East or West Exposure
- Landscaped Professionally
HOA Fees
- $581 per month
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Slab Foundation
- Concrete Siding
Interior Spaces
- Den
- Wood Flooring
Kitchen
- Breakfast Bar
- Built-In Oven
- Cooktop with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Patio
- Terrace
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Pet Policy
- Pets Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2018
Closed on
Sep 14, 2018
Sold by
Bierbusse John
Bought by
Mendes Wellington L and Romero Paulo R
Seller's Agent
Marissa Schaefer
Compass
Buyer's Agent
Nick Kluding
Baird & Warner
List Price
$879,000
Sold Price
$844,000
Premium/Discount to List
-$35,000
-3.98%
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
$186,961
Avg. Annual Appreciation
2.85%
Original Mortgage
$579,000
Outstanding Balance
$496,783
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$534,178
Purchase Details
Listed on
Apr 27, 2015
Closed on
Oct 3, 2015
Sold by
Puniani Rishabh
Bought by
Bierbusse John
Seller's Agent
Richard Neal
@properties Christie's International Real Estate
Buyer's Agent
Sharon Gillman
Compass
List Price
$815,000
Sold Price
$785,000
Premium/Discount to List
-$30,000
-3.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Purchase Details
Closed on
Oct 14, 2010
Sold by
Ostermann Mark and Ostermann Naoko
Bought by
Puniani Rishabh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2006
Sold by
550 W Wellington Llc
Bought by
Ostermann Mark and Ostermann Naoko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,660
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Mendes Wellington L | $844,000 | Gmt Title Agency | |
| Bierbusse John | $785,000 | Proper Title Llc | |
| Puniani Rishabh | $690,000 | First American Title Ins Co | |
| Ostermann Mark | $787,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendes Wellington L | $579,000 | |
| Previous Owner | Puniani Rishabh | $350,000 | |
| Previous Owner | Ostermann Mark | $629,660 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2018 09/20/18 | Sold | $844,000 | -1.2% | $422 / Sq Ft | |
| 07/27/2018 07/27/18 | Pending | -- | -- | -- | |
| 07/24/2018 07/24/18 | Price Changed | $854,500 | -1.7% | $427 / Sq Ft | |
| 07/09/2018 07/09/18 | Price Changed | $869,500 | -1.1% | $435 / Sq Ft | |
| 07/02/2018 07/02/18 | For Sale | $879,000 | +12.0% | $440 / Sq Ft | |
| 10/12/2015 10/12/15 | Sold | $785,000 | -1.9% | -- | View Prior Sale |
| 09/08/2015 09/08/15 | Pending | -- | -- | -- | |
| 07/01/2015 07/01/15 | Price Changed | $800,000 | -1.8% | -- | |
| 04/27/2015 04/27/15 | For Sale | $815,000 | -- | -- |
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 | $16,950 | $85,354 | $6,170 | $79,184 |
| 2023 | $16,502 | $83,651 | $4,976 | $78,675 |
| 2022 | $16,502 | $83,651 | $4,976 | $78,675 |
| 2021 | $16,152 | $83,650 | $4,975 | $78,675 |
| 2020 | $14,086 | $66,334 | $3,284 | $63,050 |
| 2019 | $13,908 | $72,655 | $3,284 | $69,371 |
| 2018 | $13,673 | $72,655 | $3,284 | $69,371 |
| 2017 | $13,924 | $68,059 | $2,886 | $65,173 |
| 2016 | $13,131 | $68,059 | $2,886 | $65,173 |
| 2015 | $11,991 | $68,059 | $2,886 | $65,173 |
| 2014 | $10,413 | $58,691 | $2,363 | $56,328 |
| 2013 | $10,196 | $58,691 | $2,363 | $56,328 |
Source: Public Records
Agents Affiliated with this Home
-
Marissa Schaefer
-
Sharon Gillman
Seller Co-Listing Agent in 2018
Sharon Gillman
Compass
(312) 925-2700
9 in this area
86 Total Sales
-
Nick Kluding
Buyer's Agent in 2018
Nick Kluding
Baird Warner
(773) 255-6072
8 in this area
62 Total Sales
-
Richard Neal
Seller's Agent in 2015
Richard Neal
@ Properties
(773) 220-2884
10 in this area
64 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10004310
APN: 14-28-108-031-1001
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