NOT LISTED FOR SALE

Estimated Value: $533,000 - $1,763,219

3 Beds
3 Baths
3,563 Sq Ft
$1,967/mo HOA Fee

Last Sold January 04, 2017

Last sale price $2,200,000 $617 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $10,963/month

4 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Adams/Wabash Station (Downtown Loop)
  • Soaking Tub
  • Den
  • Attached Garage
  • Property is near a bus stop

About This Home

As of January 2017

Welcome home to Park Monroe 2.0, delivered new in 2013 as part of the second phase of sales! This immaculate residence at Park Monroe epitomizes luxury with 58' of dramatic East facing floor-to-ceiling windows breathtaking panoramic views overlooking the lake, skyline, Monroe Harbor, Millennium Park, Soldier Field, Buckingham Fountain and Planetarium. Spanning 3,563SF, this turnkey residence offers a wide open, versatile layout perfect for entertaining. Not a detail missed w/ 10ft ceilings, tray ceiling foyer & family room, solid core doors, custom Italian cabinetry, electronic Lutron window treatments, walnut floors, finely appointed custom built-ins, full Viking chefs kitchen w/ granite countertops, luxurious master bath w/ free standing Euro tub & separate shower, custom his and her walk-in closets in master, 2 prime parking space and so much more! With only 8 floors of residences and 216 total units, Park Monroe is a hidden gem while offering 5-star amenities at its finest!

Last Agent to Sell the Property

Joshua Lipton

Compass License #475160957 Listed on: 10/03/2016

Compass

Co-Listed By

Jordan Pyle

Compass License #475158756

Last Buyer's Agent

Patricia Young

@properties Christie's International Real Estate License #471008593

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,430

Year Built

  • 2013

Lot Details

  • 1.61

HOA Fees

  • $1,967 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Concrete Siding

Interior Spaces

  • Den
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,430

Year Built

2013

Lot Details

0

HOA Fees

$1,967 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Disability Access: Yes
  • Disability Access Details: 2+ Access Exits J, Lowered Light Switches, Wheelchair Accessible
  • Unit Floor Level: 40
  • Age: 1-5 Years
  • Full Bathrooms: 3
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2013
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 49
  • Year Built: 2013

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 8
  • Living Room: Dimensions: 32X24, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 24X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 17X14, On Level: Main Level
  • Bedroom 2: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 3563
  • Family Room: Dimensions: 29X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Concrete
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 80
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: 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, Security Door Locks, Service Elevator
  • Assessment Includes: Air Conditioning, Water, Gas, Parking, Common Insurance, Security, Security System, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 1967
  • Management Contact Name: Kirk Sullivan
  • Management Phone: 312-564-8778

Fee Information

  • Management Company: Draper & Kramer

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17151030341371

Multi Family

  • Total Number Unitsin Building: 216
  • Number Stories: 49

Tax Info

  • Taxes: 24298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 11, 2016
Sold by
Nortman Benjamin and Stoken Nortman Amy
Bought by
Havalad Vinod and Brennan Gillian Margaret
Seller's Agent
Joshua Lipton
Compass
Buyer's Agent
Patricia Young
@properties Christie's International Real Estate
List Price
$2,450,000
Sold Price
$2,200,000
Premium/Discount to List
-$250,000
-10.2%
Current Estimated Value
$1,179,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,020,091
Avg. Annual Appreciation
-7.71%
Original Mortgage
$1,760,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jan 9, 2014
Sold by
Park Monroe Associates Iv Llc
Bought by
Nortman Benjamin and Stoken Nortman Amy
Seller's Agent
Patricia Young
@properties Christie's International Real Estate
Buyer's Agent
Patricia Young
@properties Christie's International Real Estate
List Price
$2,300,000
Sold Price
$2,100,000
Premium/Discount to List
-$200,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$1,365,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Havalad Vinod $2,200,000 First American Title
Nortman Benjamin $2,100,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Havalad Vinod $1,668,100
Closed Havalad Vinod $200,000
Closed Havalad Vinod $1,717,000
Closed Havalad Vinod $1,760
Previous Owner Havalad Vinod $1,760,000
Previous Owner Nortman Benjamin $1,365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2017 01/04/17 Sold $2,200,000 -10.2% $617 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $2,450,000 +16.7% $688 / Sq Ft
01/17/2014 01/17/14 Sold $2,100,000 -8.7% $589 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $2,300,000 -- $646 / 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 $30,430 $132,461 $14,138 $118,323
2023 $29,642 $147,540 $11,404 $136,136
2022 $29,642 $147,540 $11,404 $136,136
2021 $29,669 $147,538 $11,403 $136,135
2020 $29,430 $132,109 $10,327 $121,782
2019 $34,113 $169,790 $10,327 $159,463
2018 $34,937 $176,864 $10,327 $166,537
2017 $26,844 $128,073 $8,546 $119,527
2016 $25,151 $128,073 $8,546 $119,527
2015 $22,988 $128,073 $8,546 $119,527
2014 $24,402 $131,519 $5,336 $126,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09357464

Midwest Real Estate Data (MRED)

APN: 17-15-103-034-1371