NOT LISTED FOR SALE

Estimated Value: $704,000

5 Beds
7 Baths
4,378 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $4,950,000 $1,131 Per Sq Ft

Current estimated payment $7,391/month

81 Days on Market

Highlights

  • Home Theater
  • 1-minute walk to Madison/Wabash Station (Downtown Loop)
  • Balcony
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 5-minute walk to Millenium Park

About This Home

As of June 2013

LEGACY AT MILLENNIUM PARK. Architecturally significant Tower by SCB. Ultimate Elegance. 1, 2, 3 & 4 BR units complete w/ Sub Zero, Snaidero, Bosch, Miele, Wolf & others. Dramatic Views of Park, Lake, & City. Featured Amenities: Sky Decks, Resident Lounges, Pool, Hot Tub, Steam Rooms, & Fitness. 24 HR Door Service & Concierge. Access to University Club Fitness. Home was sold as a vanilla box.

Last Agent to Sell the Property

Erin Mandel

@properties Christie's International Real Estate License #475115707 Listed on: 10/30/2012

@properties Christie's International Real Estate

Last Buyer's Agent

Tony Madonia

@properties Christie's International Real Estate License #475126890

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Year Built

  • 2009

Lot Details

  • 0.67

HOA Fees

  • $2,999 per month

Parking

  • Attached Garage
  • Parking Included in Price

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Theater
  • Library
  • Wood Flooring
  • Washer and Dryer Hookup

Utilities

  • Heating Available
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Year Built

2009

Lot Details

0

HOA Fees

$2,999 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Type Attached: Condo, High Rise (7+ Stories)
  • Unit Floor Level: 69
  • Special Features: None
  • Stories: 72
  • Year Built: 2009

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 10
  • Bedrooms All Levels: 5
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 22X23
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 22X20
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 18X16
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 16X16
  • Living Room Level: Main Level
  • Living Room Size: 19X29
  • Dining Room Level: Main Level
  • Dining Room Size: 21X20
  • Family Room Level: Main Level
  • Family Room Size: 11X19
  • Additional Rooms: 5th Bedroom, Library, Media Room
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 13X11
  • Additional Room 2 Name: Media Rm
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 21X23
  • Additional Room 3 Name: Library
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 38X23

Exterior Features

  • Exterior Building Type: Glass
  • Exterior Property Features: Balcony
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Developer Controls, Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool-Indoors, Receiving Room, Service Elevator, Steam Room, Valet/Cleaner, Whirlpool
  • Assessment/Association Fees: 2999
  • Assessment Includes: Air Conditioning, Water, Gas, Common Insurance, Doorman, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Scavenger

Fee Information

  • Management Company: DK CONDO

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 355

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2012
Closed on
May 2, 2013
Sold by
Monroe/Wabasg Development Llc
Bought by
Zhao Peng and Chen Yu
Seller's Agent
Erin Mandel
@properties Christie's International Real Estate
Buyer's Agent
Tony Madonia
@properties Christie's International Real Estate
List Price
$3,400,000
Sold Price
$4,950,000
Premium/Discount to List
$1,550,000
45.59%
Current Estimated Value
$704,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,246,000
Avg. Annual Appreciation
-14.39%
Original Mortgage
$2,500,000
Outstanding Balance
$1,649,152
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$945,152
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zhao Peng $4,950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Peng $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2013 06/05/13 Sold $4,950,000 +35.6% $1,131 / Sq Ft
01/19/2013 01/19/13 Pending -- -- --
01/19/2013 01/19/13 Price Changed $3,650,000 +7.4% $834 / Sq Ft
10/30/2012 10/30/12 For Sale $3,400,000 -- $777 / 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 $73,962 $342,088 $5,884 $336,204
2023 $72,101 $350,547 $4,747 $345,800
2022 $72,101 $350,547 $4,747 $345,800
2021 $70,491 $350,545 $4,746 $345,799
2020 $75,244 $337,766 $4,297 $333,469
2019 $73,912 $367,880 $4,297 $363,583
2018 $75,108 $380,230 $4,297 $375,933
2017 $70,721 $328,521 $3,555 $324,966
2016 $66,127 $330,160 $3,556 $326,604
2015 $29,753 $162,368 $3,556 $158,812
2014 $5,532 $29,817 $3,201 $26,616
2013 $5,681 $31,235 $3,201 $28,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08210656

Midwest Real Estate Data (MRED)

APN: 17-15-101-026-1792