NOT LISTED FOR SALE

Estimated Value: $307,000 - $351,061

2 Beds
2 Baths
1,400 Sq Ft
$762/mo HOA Fee

Last Sold October 06, 2023

Last sale price $252,500 $180 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,648/month

28 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Thorndale Station
  • Fitness Center
  • Lake Front
  • Beach Access
  • 2-minute walk to Park 517

About This Home

As of October 2023

Magnificent East Edgewater neighborhood updated open floor plan 2 bedrooms /2 baths in the Malibu on the Lake Michigan Shores, w/ NE lake-city views from two balconies. Spacious well planned open kitchen w/ granite, stainless steel appliances & island opens to the living/dinning area. Beautifully appointed newer baths w/ marble! Tons of storage/closets. Full amenity building offers terrific outdoor pool/sundeck w/ views of the beach, great staff, 24hr door person, gym, valet heated lease garage parking + guest parking available, dry cleaner, storage cage, cable/internet included in assessment, bike room (fee), private entrance to Malibu market, express bus stops in front of building. Upgrades include: risers, elevators, tuck pointing, with a gym currently being rebuilt w/ lake views. Estate Sale & Sold As-IS Beach living at its best!!

Last Agent to Sell the Property

Mary Ellen Considine

Coldwell Banker Realty License #471001924 Listed on: 07/27/2023

Coldwell Banker Realty

Last Buyer's Agent

Todd Szwajkowski

Baird & Warner License #471010496

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1969

Lot Details

  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $762 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • No Garage
  • Leased Parking
  • Driveway

Home Design

  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Beach Access

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 356 Units
  • Atica Kalamperovic Association, Phone Number (773) 334-3313
  • Malibu Subdivision
  • Property managed by Chicagoland Community Management
  • 39-Story Property

Amenities

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

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,475

Year Built

Built in 1969

Lot Details

0

HOA Fees

$762 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Malibu
  • Year Built: 1969
  • Age: 51-60 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: 16
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 1400
  • Room Type: Foyer
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 275000
  • Lot Features: Beach, Lake Front, Landscaped, Water View
  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Highest Parking Fee: 150
  • Lowest Parking Fee: 150
  • Parking Fee/Lease $: 150

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 762
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Chicagoland Community Management
  • Management Contact Name: Atica Kalamperovic
  • Management Phone: 773-334-3313
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 150
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1474.75
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 356

MLS Schools

  • Othr Public Sch: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Oct 4, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Riggs Caroline
Seller's Agent
Mary Ellen Considine
Coldwell Banker Realty
Buyer's Agent
Todd Szwajkowski
Baird & Warner
List Price
$275,000
Sold Price
$252,500
Premium/Discount to List
-$22,500
-8.18%
Views
274
Current Estimated Value
$331,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,015
Avg. Annual Appreciation
14.51%
Original Mortgage
$227,250
Outstanding Balance
$222,575
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$108,940

Purchase Details

Closed on
Nov 30, 2011
Sold by
Wolfe Lance
Bought by
Chicago Title Land Trust Company and Trust #8002358220

Purchase Details

Closed on
Dec 17, 2007
Sold by
Fainer David B and Thompson Craig
Bought by
Wolfe Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2005
Sold by
Abjani Farida and Sabzali Roshan
Bought by
Fainer David B and Thompson Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2003
Sold by
Dreifuss Michelle and Becker Iris
Bought by
Abjani Farida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
6.13%

Purchase Details

Closed on
Mar 12, 2001
Sold by
Goldberg Ben Bentley and Goldberg Jo Bentley
Bought by
Goldberg Jo Bentley and Declaration Trust Of Jo Bentley Goldberg
Source: Public Records

Range of Values:

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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
Riggs Caroline $252,500 Chicago Title
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Wolfe Lance $262,500 Cti
Fainer David B $192,000 Cti
Abjani Farida $189,000 Lawyers Title Insurance Corp
Goldberg Jo Bentley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggs Caroline $227,250
Previous Owner Wolfe Lance $165,000
Previous Owner Fainer David B $153,600
Previous Owner Abjani Farida $170,100
Closed Fainer David B $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $252,500 -8.2% $180 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $275,000 -- $196 / 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 $1,540 $27,240 $1,360 $25,880
2023 $1,549 $23,085 $978 $22,107
2022 $1,549 $23,085 $978 $22,107
2021 $1,475 $23,083 $977 $22,106
2020 $1,522 $16,953 $628 $16,325
2019 $1,517 $18,758 $628 $18,130
2018 $1,494 $18,758 $628 $18,130
2017 $1,600 $16,036 $546 $15,490
2016 $2,354 $16,036 $546 $15,490
2015 $1,924 $16,036 $546 $15,490
2014 $1,908 $14,685 $415 $14,270
2013 $1,851 $14,685 $415 $14,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11844556

Midwest Real Estate Data (MRED)

APN: 14-05-215-015-1122