NOT LISTED FOR SALE

Estimated Value: $800,000

3 Beds
3 Baths
3,000 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $258,500 $86 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $5,176/month

184 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to South Shore Station
  • Wood Flooring
  • Landscaped Professionally
  • Vaulted Ceiling
  • Sitting Room

About This Home

As of December 2018

The Exchange Townhomes; NEW CONSTRUCTION IN SOUTH SHORE! 27 Unit Gated Townhome Development. Features incl spacious 3BR/2.1BA open floor plan with high end finishes thru-out! Perimeter Hdw floors, gourmet kitchen w/Hyxion range, SS Frigidaire appls & marble/quartz counters. 2 BR's on 2nd floor & huge master suite on 3rd floor w/luxurious bath! Tons of natural light, Private roof deck & skyline views. 2/car garage.

Last Agent to Sell the Property

Chaz Walters

Coldwell Banker Realty License #475092590 Listed on: 05/30/2018

Coldwell Banker Realty

Last Buyer's Agent

Chaz Walters

Coldwell Banker Realty License #475092590 Listed on: 05/30/2018

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $34,921

Year Built

  • 2016

Lot Details

  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $25 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Vaulted Ceiling
  • Sitting Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • Property is near a bus stop

Utilities

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

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$34,921

Year Built

2016

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 1-5 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2016
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Built: 2016

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Equipment: TV-Cable, Sump Pump
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 9X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Stone
  • Additional Rooms: Deck, Sitting Room
  • Master Bedroom: Dimensions: 18X16, On Level: 3rd Level
  • Additional Room 1 Name: Sitting, Dimensions: 18X10, On Level: 3rd Level
  • Additional Room 2 Name: Deck, Dimensions: 38X19, On Level: 4th Level
  • Bedroom 2: Dimensions: 16X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 15X10, On Level: 2nd Level
  • Estimated Sq Ft: 3000
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Deck, Roof Deck
  • Exposure: E (East), W (West)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Sundeck, Security Door Locks
  • Assessment Includes: Snow Removal
  • Master Association Fee: Yes
  • Assessment Association Fees: 25
  • Management Contact Name: xxxxx
  • Management Phone: 000-000-0000X0000

Fee Information

  • Management Company: xxxx

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: LESS THAN .25 ACRES
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 21301060050000

Multi Family

  • Total Number Unitsin Building: 27
  • Number Stories: 3

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Urbana Development Corporation Llc
Bought by
Abankwa Lina
Current Estimated Value
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,734
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 30, 2018
Closed on
Dec 17, 2018
Sold by
Urbana Development Corp Llc
Bought by
Williams Reginald
Seller's Agent
Chaz Walters
Coldwell Banker Realty
Buyer's Agent
Chaz Walters
Coldwell Banker Realty
List Price
$309,800
Sold Price
$258,500
Premium/Discount to List
-$51,300
-16.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,817
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2016
Sold by
Gruppoatma Llc
Bought by
Urban Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2016
Sold by
Gruppoatma Llc
Bought by
Urbana Development Corporation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2004
Sold by
Jencoc Corp
Bought by
7225 S Exchange Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,990,000
Interest Rate
5.79%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 2000
Sold by
Bryant Peter
Bought by
Jencoc Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,449
Interest Rate
8.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 1996
Sold by
Hackel Donald William
Bought by
P B Construction Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.91%
Mortgage Type
Seller Take Back
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
Abankwa Lina $257,500 Fidelity National Title
Williams Reginald $258,500 Fidelity National Title Insu
Urban Development Llc $1,295,000 Freedom Title Corporation
Urbana Development Corporation Llc $1,225,000 Citywide Title Corporation
7225 S Exchange Llc $1,250,000 Freedom Title Corp
Jencoc Corp $265,000 --
P B Construction Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abankwa Lina $246,650
Closed Williams Reginald $253,815
Closed Abankwa Lina $252,734
Previous Owner Williams Reginald $253,817
Previous Owner Urban Development Llc $1,029,000
Previous Owner Urbana Development Corporation Llc $990,000
Previous Owner Gruppoatma Llc $1,000,000
Previous Owner 7225 South Exchange Llc $5,000,000
Previous Owner 7225 S Exchange Llc $1,990,000
Previous Owner Jencoc Corp $116,449
Previous Owner Jencoc Corp $140,000
Previous Owner P B Construction Company $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $258,500 -16.6% $86 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $309,800 -8.9% $103 / Sq Ft
12/22/2016 12/22/16 Sold $339,900 -4.5% $113 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/24/2015 06/24/15 For Sale $355,900 -- $119 / 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
2019 $34,921 $173,811 $34,380 $139,431
2018 $38,887 $173,811 $34,380 $139,431
2017 $10,135 $41,855 $30,560 $11,295
2016 $9,482 $41,855 $30,560 $11,295
2015 $18,211 $87,035 $30,560 $56,475
2014 $27,225 $128,467 $26,740 $101,727
2013 $7,672 $36,910 $26,740 $10,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09967466

Midwest Real Estate Data (MRED)

APN: 21-30-106-005-0000