NOT LISTED FOR SALE

Estimated Value: $156,401 - $181,000

2 Beds
2 Baths
1,100 Sq Ft
43,516 Sq Ft Lot

Last Sold January 11, 2016

Last sale price $65,000 $59 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,329/month

18 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Forced Air Heating and Cooling System
  • Whirlpool Bathtub
  • Storage
  • Gas Log Fireplace

About This Home

As of January 2016

Specious 2 bedroom, 2 bathroom condo with a new deck and balcony. It features 42' cabinets, stainless appliances, granite countertop, in-unit washer/dryer, fireplace, storage room, assigned gated parking. Currently rented for $1,200. The seller has 6 units at 5140 S King Dr, and 2 units at 5423 S Michigan Ave. All the units are tenant occupied and can be bought as a package deal. CASH ONLY

Last Agent to Sell the Property

Marika Kakhiani

Pedestal Realty LLC License #471020101 Listed on: 11/30/2015

Last Buyer's Agent

Khadija Laurens

Compass License #475131254

Compass

Property Details

Home Type

  • Condominium

Year Built

  • 1925

Lot Details

  • 1

HOA Fees

  • $299 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Gas Log Fireplace
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Year Built

1925

Lot Details

1 Acres

HOA Fees

$299 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1925

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 13X18, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room, Master Bedroom
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: 3rd Level
  • Kitchen Type: Dimensions: 10X13, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 13X14, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Sunroom, Dimensions: 9X9, On Level: 3rd Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 13X13, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 1100

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Pet Weight Limitation
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 299
  • Management Contact Name: Michelle Griffin
  • Management Phone: 312-475-9400

Fee Information

  • Management Company: Advantage Management

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 80X125
  • Parcel Identification Number: 20153050381026

Multi Family

  • Total Number Unitsin Building: 44
  • Number Stories: 4

Tax Info

  • Taxes: 1375.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Ollana Llc
Bought by
Williams-Vann Aryn
Current Estimated Value
$167,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,045
Outstanding Balance
$137,164
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$30,186

Purchase Details

Listed on
Nov 30, 2015
Closed on
Jan 11, 2016
Sold by
Kakhiani Kalistrate
Bought by
Ollana Llc
Seller's Agent
Marika Kakhiani
Pedestal Realty LLC
Buyer's Agent
Khadija Laurens
Compass
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
May 1, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kakhiani Aklistrate

Purchase Details

Closed on
Jul 26, 2011
Sold by
Akintobi Oluranti
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 14, 2007
Sold by
Foreit Properties Llc
Bought by
Akintobi Oluranti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams-Vann Aryn $148,500 None Listed On Document
Ollana Llc $65,000 Attorney
Kakhiani Aklistrate $23,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corp -- None Available
Akintobi Oluranti $200,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams-Vann Aryn $144,045
Previous Owner Akintobi Oluranti $199,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2016 01/11/16 Sold $65,000 0.0% $59 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
12/10/2015 12/10/15 Price Changed $65,000 -13.3% $59 / Sq Ft
11/30/2015 11/30/15 For Sale $75,000 -- $68 / 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 $1,905 $14,684 $3,977 $10,707
2024 $1,905 $14,684 $3,977 $10,707
2023 $1,857 $9,001 $3,977 $5,024
2022 $1,857 $9,001 $3,977 $5,024
2021 $1,815 $8,999 $3,976 $5,023
2020 $849 $3,811 $1,931 $1,880
2019 $844 $4,203 $1,931 $2,272
2018 $830 $4,203 $1,931 $2,272
2017 $804 $3,737 $1,590 $2,147
2016 $248 $3,737 $1,590 $2,147
2015 $204 $3,737 $1,590 $2,147
2014 $1,375 $9,980 $1,363 $8,617
2013 $1,337 $9,980 $1,363 $8,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09093964

Midwest Real Estate Data (MRED)

APN: 20-15-305-038-1026

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