NOT LISTED FOR SALE

650 W Wayman St Unit 501 Chicago, IL 60661

West Loop Neighborhood

Estimated Value: $286,807 - $486,000

1 Bed
1 Bath
656 Sq Ft
$228/mo HOA Fee

Last Sold March 03, 2014

Last sale price $231,500 $353 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,535/month

13 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Stainless Steel Appliances
  • Skinner Elementary School Rated A-
  • Terrace
  • 2-minute walk to Fulton River Park

About This Home

As of March 2014

Best 1 bedroom layout at TRIO. Corner unit. Terrace PLUS balcony. Italian style cabinetry, glass mosaic tile backsplash & SS appliances. Slate bathroom, hardwood floors throughout & custom window treatments, in unit w/d. Wired for Surround Sound. PREMIER heated deeded garage pkg available $25k. Large Storage locker also included! Amenities Fitness & business ctr, and resident lounge, park/dog run

Last Agent to Sell the Property

Mary Collins

eXp Realty License #475146389 Listed on: 01/03/2014

eXp Realty

Last Buyer's Agent

Jill Hare

Jameson Sotheby's Intl Realty License #475130581

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,498

Year Built

  • 2007

Lot Details

  • End Unit
  • East or West Exposure
  • Dog Run

HOA Fees

  • $228 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $750 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,498

Year Built

2007

Lot Details

0

HOA Fees

$228 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 5
  • Age: 6-10 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 2007

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 11X17, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 09X07, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Balcony, Storage, Terrace
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Terrace, Dimensions: 5X11, On Level: Main Level, Flooring: Other
  • Additional Room 2 Name: Balcony, Dimensions: 4X11, On Level: Main Level
  • Additional Room 3 Name: Storage, Dimensions: 3X6, On Level: Lower
  • Estimated Sq Ft: 656
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Glass, Concrete
  • Exterior Property Features: Balcony, Patio, Dog Run, Storms/Screens, End Unit
  • Exposure: N (North), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 25000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Exercise Room, Storage, Party Room, Sundeck, Business Center
  • Assessment Includes: Water, Parking, Common Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 228
  • Management Contact Name: Margarita Guzman
  • Management Phone: 773-529-6650X695

Fee Information

  • Management Company: Private Holding Group, LLC

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17093010091030

Multi Family

  • Total Number Unitsin Building: 53
  • Number Stories: 7

Tax Info

  • Taxes: 2154.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2017
Sold by
Storm Derek and Storm Sharon
Bought by
Galvez Luis Alberto
Current Estimated Value
$365,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$160,461
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$204,991

Purchase Details

Listed on
Jan 3, 2014
Closed on
Feb 20, 2014
Sold by
Lodwick Mark and Lodwick Julie A
Bought by
Storm Sharon and Storm Derek
Seller's Agent
Mary Collins
eXp Realty
Buyer's Agent
Jill Hare
Jameson Sotheby's Intl Realty
List Price
$225,000
Sold Price
$231,500
Premium/Discount to List
$6,500
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$162,050
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2012
Sold by
Lodwick Mark
Bought by
Lodwick Mark and Lodwick Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,180
Interest Rate
3.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 21, 2007
Sold by
Ks Ii Parking Llc
Bought by
Lodwick Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,594
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Galvez Luis Alberto $287,500 Fidelity National Title
Storm Sharon $231,500 Alliance Title Corporation
Lodwick Mark -- None Available
Lodwick Mark -- Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Luis Alberto $230,000
Previous Owner Storm Sharon $162,050
Previous Owner Lodwick Mark $159,180
Previous Owner Lodwick Mark $247,594
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2014 03/03/14 Sold $231,500 +2.9% $353 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $225,000 -- $343 / 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 $4,498 $24,615 $4,576 $20,039
2023 $4,363 $24,563 $2,510 $22,053
2022 $4,363 $24,563 $2,510 $22,053
2021 $4,284 $24,562 $2,509 $22,053
2020 $3,754 $19,900 $2,509 $17,391
2019 $3,699 $21,781 $2,509 $19,272
2018 $4,316 $21,781 $2,509 $19,272
2017 $3,588 $16,610 $2,214 $14,396
2016 $3,327 $16,610 $2,214 $14,396
2015 $3,044 $16,610 $2,214 $14,396
2014 $1,998 $13,336 $1,882 $11,454
2013 $1,947 $13,336 $1,882 $11,454
Source: Public Records

Agents Affiliated with this Home

  • Mary Collins

    Seller's Agent in 2014

    Mary Collins

    eXp Realty

    (773) 677-6461

    6 Total Sales

    Mary Collins
    Section Image
  • Jill Hare

    Buyer's Agent in 2014

    Jill Hare

    Jameson Sotheby's Intl Realty

    (312) 560-2617

    76 Total Sales

    Jill Hare
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08510498

Midwest Real Estate Data (MRED)

APN: 17-09-301-009-1030

Illinois Cook County Chicago 60661 West Loop

650 W Wayman St Unit 501, Chicago, IL

This home is located at 650 W Wayman St Unit 501, Chicago, IL 60661 since 03 January 2014 and is currently estimated at $365,452, approximately $557 per square foot. This property was built in 2007. 650 W Wayman St Unit 501 is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Muchin College Prep.

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