NOT LISTED FOR SALE

Estimated Value: $320,000 - $367,513

2 Beds
2 Baths
1,460 Sq Ft
$775/mo HOA Fee

Last Sold March 20, 2023

Last sale price $260,000 $178 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,012/month

28 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Thorndale Station
  • Waterfront
  • Fitness Center
  • In Ground Pool
  • 2-minute walk to Park 517

About This Home

As of March 2023

Welcome to Malibu Condominium and enjoy all the amenities of living on Lake Michigan has to offer! This generous 1460sqft East Edgewater home includes 2 spacious bedrooms with sliding glass doors leading to a designated balcony with spectacular 31st floor Lake Michigan and city views. Enjoy entertaining in this ideal open concept living, dining and kitchen area with additional balcony entrance with scenery that will have all your guests in awe. Kitchen includes granite counter tops, stainless steel appliances, wood cabinetry, enormous pantry and kitchen island overlooking the living area. Ample closet space, stylish vinyl wood flooring, 2 renovated bathrooms plus additional storage unit. Malibu Condominium's amenities are unsurpassed with outdoor pool with breathtaking Lake Michigan, Hollywood beach and Chicago city skyline surroundings. Building also provides stunning sundeck, party room with skylight and floor to ceiling windows, Amazon, laundry, receiving, bike room, sauna, fitness gym, dry cleaners, 24hr door staff , on-site engineer and building management. Valet heated parking garage connected to building is $150/month and option to do month to month plus guest parking for additional hourly rate. On those freezing winter months, the building has their own private entrance to Malibu Market to grab whatever groceries you may need without leaving the premises. This property is all about the location with being moments away from George Lane and Hollywood beaches, Max Pastin Playground, Park No. 517 garden, Whole Foods, Lake Front Trail and plenty of neighborhood restaurant options. Endless transportation with Lake Shore Drive access close by, 147/151 bus stop in front of building and Thorndale Red Line only 3 blocks distance. Cozy up and welcome home!

Last Agent to Sell the Property

Melisssa Schero

@properties Christie's International Real Estate License #475196733 Listed on: 01/09/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Kat Barry

Compass License #475161626

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,185

Year Built

  • Built in 1971

Lot Details

  • 1.19

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,460 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Storage
  • Home Gym
  • Granite Countertops
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Waterfront

Community Details

Overview

  • Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 356 Units
  • Nicole Or Tashia Association, Phone Number (773) 334-3313
  • Property managed by Malibu Condo Assn.
  • 39-Story Property

Amenities

  • Doorman
  • Valet Parking
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,185

Year Built

Built in 1971

Lot Details

0

HOA Fees

$775 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 31
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Storage, Doorman, Granite Counters, Health Facilities, Lobby, Pantry
  • LivingArea: 1460
  • Room Type: Foyer
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Cable Access
  • List Price: 269000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 775
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Malibu Condo Assn.
  • Management Contact Name: Nicole or Tashia
  • Management Phone: 773-334-3313
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 4185.42
  • Tax Year: 2021

Multi Family

  • Units in Building: 356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 4, 2021
Sold by
Sauter Patrick and Sauter Charissa M
Bought by
Holt Jason
Seller's Agent
Caroline Starr
@properties Christie's International Real Estate
Buyer's Agent
Darren Allen
Real Broker LLC
List Price
$250,000
Sold Price
$244,000
Premium/Discount to List
-$6,000
-2.4%
Current Estimated Value
$341,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,628
Avg. Annual Appreciation
8.43%
Original Mortgage
$252,784
Outstanding Balance
$231,043
Interest Rate
3.25%
Mortgage Type
VA
Estimated Equity
$110,585

Purchase Details

Listed on
Feb 3, 2012
Closed on
Jun 27, 2012
Sold by
Shin Jung Ok
Bought by
Sauter Patrick and Sauter Charissa A
Seller's Agent
Roger Joseph
Joseph Realty LTD
Buyer's Agent
Mariah Dell
Compass
List Price
$197,000
Sold Price
$182,000
Premium/Discount to List
-$15,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$172,900
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Carmel Sally B
Bought by
Shin Jung Ok
Source: Public Records

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
Holt Jason $244,000 Proper Title Llc
Sauter Patrick $182,000 Fidelity National Title
Shin Jung Ok $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Jason $252,784
Previous Owner Sauter Patrick $172,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $260,000 -3.3% $178 / Sq Ft
02/08/2023 02/08/23 For Sale $269,000 0.0% $184 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $269,000 +10.2% $184 / Sq Ft
08/16/2021 08/16/21 Sold $244,000 -2.4% $167 / Sq Ft View Prior Sale
07/10/2021 07/10/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $250,000 +37.4% $171 / Sq Ft
07/03/2012 07/03/12 Sold $182,000 -0.6% $124 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
05/04/2012 05/04/12 Price Changed $183,100 -7.1% $125 / Sq Ft
02/03/2012 02/03/12 For Sale $197,000 -- $135 / 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 $5,094 $28,571 $1,426 $27,145
2023 $4,966 $24,146 $779 $23,367
2022 $4,966 $24,146 $779 $23,367
2021 $4,185 $24,144 $778 $23,366
2020 $3,270 $17,781 $658 $17,123
2019 $3,953 $19,674 $658 $19,016
2018 $3,886 $19,674 $658 $19,016
2017 $3,621 $16,819 $572 $16,247
2016 $3,369 $16,819 $572 $16,247
2015 $3,082 $16,819 $572 $16,247
2014 $2,858 $15,404 $437 $14,967
2013 $2,802 $15,404 $437 $14,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11697525

Midwest Real Estate Data (MRED)

APN: 14-05-215-015-1272