NOT LISTED FOR SALE

Estimated Value: $319,303 - $350,000

2 Beds
2 Baths
1,519 Sq Ft
1.62 Acres

Last Sold March 01, 2022

Last sale price $315,000 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,268/month

Highlights

  • Doorman
  • Waterfront
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • 2-minute walk to Park 517

About This Home

As of June 2024

WOW!!! NEWLY PAINTED!!! THIS 2 BEDROOM CONDO UNIT ON THE 44TH FLOOR. "C TIER" PROVIDES YOU WITH NEW WINDOWS IN THE LIVING ROOM TO ENJOY STUNNING UNOBSTRUCTED VIEWS OF LAKE MICHIGAN. LINED WITH BEACHES AND CHICAGO DOWNTOWN SKYLINE. THIS UNIT IS TOTALLY REHABBED THAT FEATURES AN OPENED KITCHEN WITH GRANITE COUNTERS, MAPLE CABINETS AND STAINLESS STEEL APPLIANCES. THERE ARE WOOD FLOORS IN THE LIV. RM., KITCHEN & HALLWAY. THERE IS CARPET IN BOTH BEDROOMS WITH A JACUZZI TUB IN THE MASTER BATHROOM. THERE ARE SLIDING DOORS IN EACH ROOM THAT GIVES YOU EASY ACCESS TO THE BALCONY. THIS UNIT HAS A NEW FURNACE, COMPRESSOR & HOT WATER HEATER. MALIBU EAST IS A FULL AMENITY BUILDING. PET FRIENDLY. 2 SWIMMING POOLS, SUN DECK, TENNIS COURT, PING PONG ROOM, BILLIARD ROOM, FITNESS ROOM, HIS/HER SAUNAS, PARTY ROOM, LIBRARY, RACQUET BALL COURT, CONVENIENCE STORE, & MORE ON THE SITE. MONTHLY ASSESSMENTS INCLUDES ONE STORAGE SPACE, CABLE/INTERNET & ALL THE AMENITIES MENTIONED ABOVE. DON'T MISS THIS MAGNIFICENT RENTAL FOR YOU & YOUR FAMILY. VALET PARKING IS INCLUDED FOR ONE CAR. NO PETS ALLOWED. NO SECURITY DEPOSIT, INSTEAD $1000 MOVING IN FEE NON-REFUNDABLE.

Last Agent to Rent the Property

Percy Smith

A-Team Realty License #475126360 Listed on: 06/01/2024

Last Renter's Agent

Percy Smith

A-Team Realty License #475126360 Listed on: 06/01/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 1972

Lot Details

  • 1.62

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,519 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Additional Features

  • Waterfront
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/1/24
  • Rent includes cable TV, water, pool, scavenger, doorman, exterior maintenance, lawn care, storage lockers, snow removal, internet

Community Details

Overview

  • 498 Units
  • Malibu East Subdivision
  • 45-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Convenience Store

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,861

Year Built

Built in 1972

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-06-01
  • Lease Amount: 200
  • Board Approval: Yes
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 3000
  • Security Deposit: NO
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Malibu East
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 44
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 45

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: No
  • LivingArea: 1519
  • Room Type: No additional rooms
  • Stories Total: 45
  • 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
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 3000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 210
  • Lowest Parking Fee: 200

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Tennis Court(s)
  • Rent Includes: Cable TV, Water, Pool, Scavenger, Doorman, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Mar 3, 2022
Sold by
Commerce Bank
Bought by
Husain Saleem and Husain Nilofer
Seller's Agent
Percy Smith
A-Team Realty
Buyer's Agent
Sandra Chaet
Landstar Realty Group Inc.
Sold Price
$315,000
Current Estimated Value
$337,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,326
Avg. Annual Appreciation
4.39%
Original Mortgage
$236,250
Outstanding Balance
$198,211
Interest Rate
3.88%
Estimated Equity
$166,005

Purchase Details

Listed on
Nov 22, 2021
Closed on
Feb 22, 2022
Sold by
Commerce Bank
Bought by
Husain Saleem and Husain Nilofer
Seller's Agent
Percy Smith
A-Team Realty
Buyer's Agent
Sandra Chaet
Landstar Realty Group Inc.
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Outstanding Balance
$198,211
Interest Rate
3.88%
Estimated Equity
$166,005
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
Husain Saleem $315,000 --
Husain Saleem $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Husain Saleem $236,250
Closed Husain Saleem $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2024 06/22/24 Rented $2,950 -1.7% --
06/05/2024 06/05/24 Under Contract -- -- --
06/01/2024 06/01/24 For Rent $3,000 +13.2% --
05/04/2022 05/04/22 Rented $2,650 0.0% --
03/24/2022 03/24/22 Under Contract -- -- --
03/08/2022 03/08/22 For Rent $2,650 0.0% --
03/01/2022 03/01/22 Sold $315,000 -6.0% $207 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/03/2022 01/03/22 For Sale -- -- --
12/06/2021 12/06/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $335,000 -- $221 / 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 $4,861 $29,428 $1,449 $27,979
2023 $4,738 $23,040 $1,182 $21,858
2022 $4,738 $23,040 $1,182 $21,858
2021 $4,633 $23,038 $1,181 $21,857
2020 $4,610 $20,696 $670 $20,026
2019 $4,601 $22,900 $670 $22,230
2018 $4,524 $22,900 $670 $22,230
2017 $3,752 $17,428 $582 $16,846
2016 $3,491 $17,428 $582 $16,846
2015 $3,194 $17,428 $582 $16,846
2014 $3,047 $16,422 $444 $15,978
2013 $2,167 $16,422 $444 $15,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12072043

Midwest Real Estate Data (MRED)

APN: 14-05-215-017-1478