NOT LISTED FOR SALE

650 W Wayman St Unit 507 Chicago, IL 60661

West Loop Neighborhood

Estimated Value: $370,000 - $394,000

2 Beds
2 Baths
-- Sq Ft
$425/mo HOA Fee

Last Sold July 29, 2021

Last sale price $320,000

Est. 19% increase in value since last sale

Current estimated payment $2,987/month

36 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Granite Countertops
  • Skinner Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Fulton River Park

About This Home

As of July 2021

Contemporary 2 bed, 2 bath at TRIO in the highly desirable Fulton Market River District / West Loop. Excellent floor plan with 10' ceilings, hardwood floors & floor to ceiling windows which fills unit with natural light. This home is a light, airy, modern space with crisp white walls, neutral accents, high-end lighting fixtures & custom designer touches throughout. Dramatic foyer welcomes you to an open living space with room for dining + west facing balcony overlooking quiet, interior courtyard. Kitchen with modern flat panel cabinets, new cook top, upgraded stainless Liebherr fridge & dishwasher, granite counters & mosaic backsplash. Lux primary bedroom suite easily fit King Size Bed with full wall of windows & 2 closets leads to an oversized en-suite bath. 2nd bedroom has room for guest bed + home office with full wall of custom, contemporary closet systems. 2nd bath with gorgeous mirror, lighting, mosaic tile shower surround is adjacent to 2nd bedroom. Full size front loading Washer/Dryer in unit, Central HVAC, excellent closet space + additional storage locker. All closet hardware & lighting replaced. Very low assessments for this absolutely stunning full amenity, pet friendly, elevator bld. Beautiful landscaping including green roof terrace with fountains & seating areas. Enjoy fully renovated entertaining/party room with seating, dining space, kitchen, gym, business center & secured receiving room. Indoor parking available for rent or purchase (from another owner) for $35K. Wayman St. is a hidden gem & very quiet with a park & dog run on the corner and walkable to so many amazing amenities (groceries, coffee, great restaurants & shopping). Excellent access to Green + Blue Lines, Loop & expressways. This is an A++ location and an amazing value for the area.

Last Agent to Sell the Property

Jennifer Cummings

Jameson Sotheby's Intl Realty License #475154234 Listed on: 05/14/2021

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Chao Ho

Century 21 Realty Associates License #475156531

Century 21 Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,950

Year Built

  • Built in 2007

Lot Details

  • 1.18

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Interior Spaces

  • Ceiling height of 10 feet or more
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Home Gym
  • Wood Flooring
  • Intercom

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Skinner Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 53 Units
  • Mayra Preciado Association, Phone Number (312) 335-5607
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Sundeck
  • Business Center
  • Party Room
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,950

Year Built

Built in 2007

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Cooktop, Built-In Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, 10' Ceiling, Drapes/Blinds, Granite Counters, Health Facilities
  • Room Type: Foyer
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 334900
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 245
  • Lowest Parking Fee: 245

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
  • Association Fee: 425
  • Association Amenities: Elevator(s), Exercise Room, Storage, Health Club, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Business Center, Elevator(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Mayra Preciado
  • Management Phone: 312-335-5607

Fee Information

  • Association Fee Includes: Water, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Skinner Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 220
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4949.57
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 21, 2021
Sold by
Rhode Tara Nicole
Bought by
Ghosh Subhashish and Sen Indrani
Seller's Agent
Jennifer Cummings
Jameson Sotheby's Intl Realty
Buyer's Agent
Chao Ho
Century 21 Realty Associates
List Price
$334,900
Sold Price
$320,000
Premium/Discount to List
-$14,900
-4.45%
Current Estimated Value
$379,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,323
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Apr 3, 2012
Closed on
Jul 3, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rhode Tara Nicole
Seller's Agent
Barbara Thouvenell Baffoe
P.R.S. Associates, Inc.
Buyer's Agent
Sarah Rothman Robins
Rothman Real Estate
List Price
$213,500
Sold Price
$180,000
Premium/Discount to List
-$33,500
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Valadez Enrique and Us Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 16, 2007
Sold by
Ks Ii Residential Llc
Bought by
Valadez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,350
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ghosh Subhashish $320,000 Stewart Title Guaranty Co
Rhode Tara Nicole $180,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Valadez Enrique $266,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valadez Enrique $252,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2021 07/29/21 Sold $320,000 -4.4% --
06/19/2021 06/19/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $334,900 +86.1% --
07/16/2012 07/16/12 Sold $180,000 -5.2% $213 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
06/01/2012 06/01/12 Price Changed $189,900 -2.6% $225 / Sq Ft
05/04/2012 05/04/12 Price Changed $194,900 -8.7% $231 / Sq Ft
04/03/2012 04/03/12 For Sale $213,500 -- $253 / 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 $6,681 $31,624 $5,879 $25,745
2023 $6,513 $31,556 $3,224 $28,332
2022 $6,513 $31,556 $3,224 $28,332
2021 $5,695 $31,556 $3,224 $28,332
2020 $5,021 $25,567 $3,224 $22,343
2019 $5,641 $27,983 $3,224 $24,759
2018 $5,546 $27,983 $3,224 $24,759
2017 $4,609 $21,338 $2,844 $18,494
2016 $4,274 $21,338 $2,844 $18,494
2015 $3,910 $21,338 $2,844 $18,494
2014 $3,179 $17,134 $2,418 $14,716
2013 $3,116 $17,134 $2,418 $14,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11088502

Midwest Real Estate Data (MRED)

APN: 17-09-301-009-1036