NOT LISTED FOR SALE

Estimated Value: $205,000 - $254,000

1 Bed
1 Bath
770 Sq Ft
$779/ mo HOA Fee

Last Sold October 31, 2024

Last sale price $215,000 $279 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,236/month

7 Days on Market

Highlights

  • Lock-and-Leave Community
  • Community Pool
  • Sundeck
  • Nettelhorst Elementary School Rated A-
  • Party Room
  • Elevator

About This Home

As of October 2024

Welcome to East Lakeview urban living at 555 West Cornelia Avenue, Unit 412. This elegant 1-bedroom, 1-bathroom corner unit offers a sophisticated space designed for modern comfort, with plenty of in-unit storage closets and an additional building storage unit. The seller has already ordered and paid to install an all-new California closet system in the entry utility closet, see model in the pictures. You'll love the newly remodeled bathroom, featuring a walk-in shower with floor-to-ceiling tiles and a rain head, along with a new vanity, toilet, and lighting. The kitchen is updated with brand-new stainless steel appliances, a stylish backsplash, under-cabinet lighting, and granite countertops. The spacious layout provides plenty of room to entertain or relax, and the private balcony with south views is a perfect spot to watch the sunrise with your morning coffee or unwind in the evening with a nice bubbly beverage. 555 W. Cornelia offers amazing building amenities such as a newly updated outdoor pool, sundeck, grills, a hospitality room, a bicycle room, and a laundry room with updated machines operable by phone app. The building is ideally located with easy access to Lake Michigan, Whole Foods, Jewel, and various dining, entertainment, and shopping venues. Parking is easy with an on-site garage at 170 per spot per month, with available guest's day and overnight parking. Your monthly HOA includes heat, cable, and internet, only utility bill extra is electric. Please note that 555 Cornelia is a no-dog building and in-unit laundry is not allowed. Only owner occupants are permitted not investors at this time, as the rental cap has been met. Enjoy the best of city living, with public transportation and the lakefront right at your doorstep. Come see!

Last Agent to Sell the Property

Susanna Cherubin-Delisi

Compass License #471012580 Listed on: 09/14/2024

Compass

Co-Listed By

Daniel Otto

Compass License #475125485

Last Buyer's Agent

William Vezo

Redfin Corporation License #475173068

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 1960

Lot Details

  • 0.69

HOA Fees

  • $779 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 770 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Leased Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Property is near bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, security, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 229 Units
  • Erica Castellano Association, Phone Number (773) 975-5991
  • Stratford Place Subdivision
  • Property managed by Community Specialists
  • Lock-and-Leave Community
  • 20-Story Property

Amenities

  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,914

Year Built

Built in 1960

Lot Details

0.69 Acres

HOA Fees

$779 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Stratford Place
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 770
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 779
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), In Ground Pool, Public Bus
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Erica Castellano
  • Management Phone: 773-975-5991
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Security, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 170
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1914
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Oct 23, 2024
Sold by
Donald J Policastro Jr Revocable Trust and Policastro Donald J
Bought by
Dahl Henry N
Seller's Agent
Susanna Cherubin-Delisi
Compass
Buyer's Agent
William Vezo
Redfin Corporation
List Price
$203,000
Sold Price
$215,000
Premium/Discount to List
$12,000
5.91%
Views
30
Current Estimated Value
$226,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,948
Avg. Annual Appreciation
4.00%

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 8, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Donald J Policastro Jr Revocable Trust and Policastro
Seller's Agent
Steven Adatto
@properties Christie's International Real Estate
Buyer's Agent
Susanna Cherubin-Delisi
Compass
List Price
$170,000
Sold Price
$156,000
Premium/Discount to List
-$14,000
-8.24%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%

Purchase Details

Closed on
Mar 14, 2000
Sold by
Reimers Barbara J
Bought by
Chicago Title Land Trust Company and Trust #1107241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
8.3%
Source: Public Records
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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
Dahl Henry N $215,000 None Listed On Document
Donald J Policastro Jr Revocable Trust $156,000 First American Title
Chicago Title Land Trust Company $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chicago Title Land Trust Company $72,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $215,000 +5.9% $279 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $203,000 +30.1% $264 / Sq Ft
09/12/2022 09/12/22 Sold $156,000 -1.9% $203 / Sq Ft View Prior Sale
08/17/2022 08/17/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $159,000 -6.5% $206 / Sq Ft
07/20/2022 07/20/22 For Sale $170,000 -- $221 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,173 $16,146 $1,602 $14,544
2024 $3,173 $16,146 $1,602 $14,544
2023 $1,827 $15,040 $1,292 $13,748
2022 $1,827 $15,040 $1,292 $13,748
2021 $3,024 $15,039 $1,292 $13,747
2020 $2,899 $13,012 $852 $12,160
2019 $2,863 $14,252 $852 $13,400
2018 $2,815 $14,252 $852 $13,400
2017 $2,775 $12,892 $749 $12,143
2016 $2,582 $12,892 $749 $12,143
2015 $2,362 $12,892 $749 $12,143
2014 $2,333 $12,572 $613 $11,959
2013 $2,287 $12,572 $613 $11,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12164021

Midwest Real Estate Data (MRED)

APN: 14-21-305-030-1212

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