Seller's Agent in 2019
Barbara Laken
Compass
(312) 282-1087
28 Total Sales
550 W Wellington Ave Unit 3E Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $855,000 - $1,373,000
2
Beds
2
Baths
2,000
Sq Ft
$563/mo
HOA Fee
Highlights
- Wood Flooring
- Whirlpool Bathtub
- 1 Car Attached Garage
- Nettelhorst Elementary School Rated A-
- Balcony
- Built-In Features
About This Home
As of May 2019Modern Luxury defines this 2 bedroom, 2 bath pet friendly condo with separate media room/ den, on a quiet tree lined East Lakeview street - just steps from Lincoln Park. With only 2 units per floor, this boutique elevator hi-rise features Italian Walnut floors; new Smart Home technology and multi zone sound. The Kitchen includes Quartz countertops and Bulthaup cabinets with Sub Zero, Viking and Miele appliances. An oversized master suite features a custom walk-in closet and private terrace. Master bath amenities include a luxurious stone spa tub, separate glass shower and double sink vanity. A second bedroom contains a custom built-in home office with retractable bed. Adjoining second bathroom features a huge glass enclosed shower. Additional highlights include two private terraces, in-unit laundry, extra storage space and heated garage parking space. This pristine 1/2 floor residence is move-in ready. Nettelhorst School, Mariano's, Starbuck's, restaurants and bus transportation nearby.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,186
Year Built
- Built in 2006
Lot Details
- 8,320
HOA Fees
- $563 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 2,000 Sq Ft Home
- Built-In Features
- Family Room
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Cooktop
- Microwave
- High End Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 16 Units
- Info@Kassmanagement.Com Association, Phone Number (773) 975-7234
- Property managed by Kass Management
- 9-Story Property
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Restaurant
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2019
Closed on
May 10, 2019
Sold by
Trust Number 8002374943
Bought by
Mehra Siddhesh and Parikh Pooja
Seller's Agent
Barbara Laken
Compass
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%
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
$174,190
Avg. Annual Appreciation
3.03%
Original Mortgage
$676,000
Outstanding Balance
$594,410
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$424,780
Purchase Details
Closed on
Jun 5, 2017
Sold by
Laken Glenn Bradley
Bought by
Chicago Title Land Trust Co and Trust Number 8002374943
Purchase Details
Listed on
Feb 29, 2016
Closed on
May 26, 2016
Sold by
Falconer Peter
Bought by
Laken Glenn Bradley
Seller's Agent
Richard Neal
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$825,000
Sold Price
$812,500
Premium/Discount to List
-$12,500
-1.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$690,625
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Nov 1, 2013
Closed on
Dec 20, 2013
Sold by
Edwards Greg
Bought by
Falconer Peter
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Steven Samuels
@properties Christie's International Real Estate
List Price
$750,000
Sold Price
$750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$257,925
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 19, 2011
Sold by
Edwards Faith
Bought by
Edwards Greg
Purchase Details
Closed on
Jul 20, 2005
Sold by
550 W Wellington Llc
Bought by
Edwards Greg and Edwards Faith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,950
Interest Rate
4.62%
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 |
|---|---|---|---|
| Mehra Siddhesh | $845,000 | Chicago Title | |
| Chicago Title Land Trust Co | -- | Chicago Title Insurance Comp | |
| Laken Glenn Bradley | $812,500 | Chicago Title | |
| Falconer Peter | $750,000 | Multiple | |
| Edwards Greg | -- | Sa | |
| Edwards Greg | $796,500 | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehra Siddhesh | $676,000 | |
| Previous Owner | Laken Glenn Bradley | $690,625 | |
| Previous Owner | Falconer Peter | $257,925 | |
| Previous Owner | Falconer Peter | $417,000 | |
| Previous Owner | Edwards Gregory | $639,000 | |
| Previous Owner | Edwards Gregory | $80,000 | |
| Previous Owner | Edwards Greg | $636,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2019 05/15/19 | Sold | $845,000 | -0.6% | $423 / Sq Ft |
| 03/17/2019 03/17/19 | Pending | -- | -- | -- |
| 03/11/2019 03/11/19 | For Sale | $850,000 | +4.6% | $425 / Sq Ft |
| 06/01/2016 06/01/16 | Sold | $812,500 | -1.5% | $406 / Sq Ft |
| 03/09/2016 03/09/16 | Pending | -- | -- | -- |
| 02/29/2016 02/29/16 | For Sale | $825,000 | +10.0% | $413 / Sq Ft |
| 12/23/2013 12/23/13 | Sold | $750,000 | 0.0% | $375 / Sq Ft |
| 11/07/2013 11/07/13 | Pending | -- | -- | -- |
| 11/01/2013 11/01/13 | For Sale | $750,000 | -- | $375 / 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 | $16,391 | $82,646 | $5,974 | $76,672 |
| 2023 | $15,957 | $81,001 | $4,818 | $76,183 |
| 2022 | $15,957 | $81,001 | $4,818 | $76,183 |
| 2021 | $15,619 | $81,000 | $4,818 | $76,182 |
| 2020 | $13,617 | $64,230 | $3,179 | $61,051 |
| 2019 | $13,445 | $70,349 | $3,179 | $67,170 |
| 2018 | $13,218 | $70,349 | $3,179 | $67,170 |
| 2017 | $14,186 | $65,899 | $2,794 | $63,105 |
| 2016 | $12,699 | $65,899 | $2,794 | $63,105 |
| 2015 | $11,595 | $65,899 | $2,794 | $63,105 |
| 2014 | $10,067 | $56,829 | $2,288 | $54,541 |
| 2013 | $9,857 | $56,829 | $2,288 | $54,541 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Laken
-
Matt Laricy
Buyer's Agent in 2019
Matt Laricy
Americorp, Ltd
(708) 250-2696
140 in this area
2,509 Total Sales
-
Richard Neal
Seller's Agent in 2016
Richard Neal
@ Properties
(773) 220-2884
10 in this area
65 Total Sales
-
N
Buyer's Agent in 2016
Non Member
NON MEMBER
-
Brad Lippitz
Seller's Agent in 2013
Brad Lippitz
Compass
(847) 778-6207
128 in this area
534 Total Sales
-
Brittany Shapiro
Seller Co-Listing Agent in 2013
Brittany Shapiro
Compass
(312) 498-5399
5 in this area
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10304830
APN: 14-28-108-031-1003
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