NOT LISTED FOR SALE

Estimated Value: $313,000 - $417,000

2 Beds
2 Baths
1,483 Sq Ft
$707/mo HOA Fee

Last Sold March 21, 2019

Last sale price $240,000 $162 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,859/month

49 Days on Market

Highlights

  • Beach
  • Corner Lot
  • Cul-De-Sac
  • In Ground Pool
  • Balcony
  • 2-minute walk to Park 517

About This Home

As of March 2019

Beautifully updated spacious south-facing 2bd/2bath condo on the 25th floor. Enjoy the stunning views of the beach and lake from your expansive balcony that you can enter from living room and both bedrooms. Entire condo freshly painted. Large bright updated kitchen. Both bathrooms completely tastefullly redone in 2018. Master bedroom suite boasts a double sink vanity and huge walk in closet. Bedrooms and living room/dining room have plush brand new carpeting. New furnace installed in 2018. This is a full amenity building: 24 hour doorman, on-site manager/engineer, his & hers saunas, tennis and racquetball courts, 2 swimming pools, wrap around veranda with 2 gazebos, party room, library, conference room, fitness center, billiard room & huge laundry room . Pets are allowed. Parking starting at $130/month. This building has healthy reserves and is well managed. Located a short walking distance to the beach, bike and running trails, express bus, Mariano's, fine restaurants & more.

Last Agent to Sell the Property

Neal Ratner

Apartment and Home Seekers License #471010763 Listed on: 01/09/2019

Co-Listed By

Raisa Budowsky

Apartment and Home Seekers License #475136307

Last Buyer's Agent

Andrew Given

Lofty LLC License #475178144

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,959

Year Built | Renovated

  • 1972 | 2018

Lot Details

  • Cul-De-Sac
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $707 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Driveway

Home Design

  • Concrete Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Outdoor Features

  • In Ground Pool

Utilities

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

Community Details

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,959

Year Built | Renovated

1972 | 2018

Lot Details

0

HOA Fees

$707 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 25
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1972
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 45
  • Year Built: 1972
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 26X17, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1483
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Concrete
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Pool In-Ground, Cable Access
  • Exposure: S (South), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Garage Ownership: Fee/Leased

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Deposit Required, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Service Elevator, Tennis Court/s
  • Assessment Includes: Water, Common Insurance, Security, Security System, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 707
  • Management Contact Name: Violette Deschamps
  • Management Phone: 773-271-1732

Fee Information

  • Management Company: Sudler -Malibu East Mgt. Co
  • Lowest Parking Fee: 130
  • Highest Parking Fee: 156
  • Lease Amount: 130

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Beach, Corner, Cul-de-sac
  • Parcel Identification Number: 14052150171252

Multi Family

  • Total Number Unitsin Building: 498
  • Number Stories: 45

Tax Info

  • Taxes: 3565.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Mar 21, 2019
Sold by
Karumanchi Bhaskaramma and Movva Subbarao Venkata
Bought by
Zeeshan Fnu and Zeeshan Sehrish
Seller's Agent
Neal Ratner
Apartment and Home Seekers
Buyer's Agent
Andrew Given
Lofty LLC
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Current Estimated Value
$347,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,273
Avg. Annual Appreciation
5.77%
Original Mortgage
$192,000
Outstanding Balance
$122,195
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$225,078

Purchase Details

Closed on
Mar 1, 2008
Sold by
Chicago Title Land Trust Co
Bought by
Karumanchi Bhaskaramma and Movva Subbarao Venkata
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
Zeeshan Fnu $240,000 Fidelity National Title
Karumanchi Bhaskaramma -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeeshan Fnu $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Sold $240,000 -5.9% $162 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $255,000 -- $172 / 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 $3,959 $27,972 $1,378 $26,594
2023 $3,838 $22,080 $1,123 $20,957
2022 $3,838 $22,080 $1,123 $20,957
2021 $3,770 $22,079 $1,123 $20,956
2020 $3,691 $19,671 $636 $19,035
2019 $4,373 $21,765 $636 $21,129
2018 $4,299 $21,765 $636 $21,129
2017 $3,566 $16,565 $553 $16,012
2016 $3,318 $16,565 $553 $16,012
2015 $3,035 $16,565 $553 $16,012
2014 $2,896 $15,609 $422 $15,187
2013 $2,839 $15,609 $422 $15,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10168548

Midwest Real Estate Data (MRED)

APN: 14-05-215-017-1252