NOT LISTED FOR SALE

Estimated Value: $335,000 - $368,225

3 Beds
2 Baths
1,600 Sq Ft
$773/mo HOA Fee

Last Sold April 25, 2012

Last sale price $161,400 $101 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,112/month

120 Days on Market

Highlights

  • Beach Access
  • Elevator
  • Laundry Room
  • Party Room
  • Resident Manager or Management On Site
  • 4-minute walk to Park 517

About This Home

As of April 2012

Live on the lake, it's a vacation everyday! Beach is your backyard, Lincoln park bike trail to downtown is your side yard.Unobstructed panoramic sunset and city views, spectacular sunrise & beach views from this huge double corner 3 brm, 2 bath unit. Ceramic tile baths, Oak cab eat-in kit, spacious closets.Assessment also includes heat & C/A. Walk to Jewel, Dominick's & red line. 147 & 151 bus at your front door.

Last Listed By

Colin Hebson

Dream Town Real Estate License #475143865 Listed on: 10/18/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 1957

Lot Details

  • 0.53

HOA Fees

  • $773 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, tv/cable, lawn care, scavenger, snow removal
  • 90 Units
  • Edgewater Beach Subdivision
  • 20-Story Property

Amenities

  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,422

Year Built

Built in 1957

Lot Details

0

HOA Fees

$773 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: EDGEWATER BEACH
  • Year Built: 1957
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • Unit Floor Level: 14
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Stories Total: 20
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 169900
  • Lot Features: Beach
  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 773
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, TV/Cable, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3421.92
  • Tax Year: 2010
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2011
Closed on
Apr 16, 2012
Sold by
Poovathur George V and Poovathur Ponnamma G
Bought by
Gladney Larry and Tanaka Jacqueline
Seller's Agent
Colin Hebson
Dream Town Real Estate
Buyer's Agent
Marion Volini
Lakefront Group Realty Assoc.
List Price
$199,900
Sold Price
$161,400
Premium/Discount to List
-$38,500
-19.26%
Total Days on Market
120
Current Estimated Value
$352,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,906
Avg. Annual Appreciation
6.14%
Original Mortgage
$129,120
Outstanding Balance
$22,755
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$328,967

Purchase Details

Listed on
Oct 18, 2011
Closed on
Apr 13, 2012
Sold by
North Star Trust Company
Bought by
Poovathur George V and Poovathur Ponnammar G
Seller's Agent
Colin Hebson
Dream Town Real Estate
Buyer's Agent
Marion Volini
Lakefront Group Realty Assoc.
List Price
$199,900
Sold Price
$161,400
Premium/Discount to List
-$38,500
-19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,120
Outstanding Balance
$22,755
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$328,967

Purchase Details

Closed on
Dec 3, 2001
Sold by
Lasalle Bank National Assn
Bought by
North Star Trust Company and Trust #01-4021

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
Gladney Larry $161,500 Heritage Title Company
Poovathur George V $230,000 Heritage Title Company
North Star Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gladney Larry $129,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2012 04/25/12 Sold $161,400 -5.0% $101 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
11/21/2011 11/21/11 Price Changed $169,900 -2.9% $106 / Sq Ft
11/07/2011 11/07/11 Price Changed $175,000 -12.5% $109 / Sq Ft
10/18/2011 10/18/11 For Sale $199,900 -- $125 / 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 $4,525 $29,633 $2,563 $27,070
2023 $4,525 $22,001 $2,061 $19,940
2022 $4,525 $22,001 $2,061 $19,940
2021 $4,424 $21,999 $2,060 $19,939
2020 $3,726 $16,725 $1,184 $15,541
2019 $3,718 $18,506 $1,184 $17,322
2018 $3,656 $18,506 $1,184 $17,322
2017 $3,085 $14,329 $1,030 $13,299
2016 $2,870 $14,329 $1,030 $13,299
2015 $2,626 $14,329 $1,030 $13,299
2014 $2,593 $13,975 $785 $13,190
2013 $2,542 $13,975 $785 $13,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 07927065

Midwest Real Estate Data (MRED)

APN: 14-05-403-022-1010