NOT LISTED FOR SALE

Estimated Value: $596,073 - $1,179,000

2 Beds
2 Baths
1,600 Sq Ft
$482/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $495,000 $309 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,483/month

126 Days on Market

Highlights

  • Formal Dining Room
  • Stainless Steel Appliances
  • Central Air
  • Lincoln Park High School Rated A
  • Soaking Tub
  • 4-minute walk to Mariano (Louis) Park

About This Home

As of August 2012

SOPHISTICATION W/A SHOT OF PANACHE DESCRIBES THIS RENOVATED VINTAGE CONDO IN A CLASSIC MCNALLY&QUINN GOLD COAST BLDG W/ROOFTOP TERRACE.INVITING RMS COMPRISING THIS PREFERRED "A" TIER APT ARE DISTINGUISHED BY 9' CEILINGS,COVE MOLDINGS,HDWD FLRS & BEAUTIFUL WINDOWS..SOME W/LAKE VIEWS.GRACIOUS BARREL VAULTED FOYER,GAS BURNING FP,& ORIGINAL FRENCH DRS ADD TO THE ATTRACTION.GENEROUS SIZED SEP DR COULD EASILY BE A FAM RM.

Last Agent to Sell the Property

Margaret Boyle

Baird & Warner License #475134205 Listed on: 03/12/2012

Last Buyer's Agent

Alan Meyerowitz

@properties Christie's International Real Estate License #475124272

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,146

Year Built

  • 1928

Lot Details

  • 7,841

HOA Fees

  • $1,465 per month

Home Design

  • Brick Exterior Construction
  • Limestone

Interior Spaces

  • Formal Dining Room

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • SpacePak Central Air
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$9,146

Year Built

1928

Lot Details

0

HOA Fees

$1,465 per month

Listing Details

  • Unit Floor Number: 6
  • Special Features: None
  • Stories: 13
  • Year Built: 1928

Interior Features

  • Total # Of Rooms: 5
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Fireplace Type/Details: Gas Logs, Gas Starter
  • Fireplaces: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X15
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X15
  • Bathroom Amenities: Double Sink, Soaking Tub
  • Living Room Level: Main Level
  • Living Room Size: 14X23
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X18
  • Kitchen Type: Eating Area-Breakfast Bar, Galley
  • Kitchen Level: Main Level
  • Kitchen Size: 7X18

Exterior Features

  • Exterior Building Type: Brick, Limestone

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Space Pac
  • Water: Lake Michigan
  • Heat/Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 65
  • Pets Allowed: Yes
  • Units in Building: 48
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Storage
  • Assessment/Association Fees: 1465

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2012
Closed on
Sep 5, 2012
Sold by
Link Wayne K and Link Paricia J
Bought by
Merhoff Paulreis and Merhoff Maureen
Seller's Agent
Margaret Boyle
Baird & Warner
Buyer's Agent
Alan Meyerowitz
@properties Christie's International Real Estate
List Price
$569,900
Sold Price
$495,000
Premium/Discount to List
-$74,900
-13.14%
Current Estimated Value
$770,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,518
Avg. Annual Appreciation
1.28%
Original Mortgage
$371,250
Outstanding Balance
$261,317
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$321,841

Purchase Details

Closed on
Aug 27, 2008
Sold by
The Pace Family Lp
Bought by
Link Wayne K and Link Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7%

Purchase Details

Closed on
Jun 9, 2005
Sold by
Keseric Peter D and Gilmore Beverly J
Bought by
The Pace Family Lp

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bales L Patrick and Amoroso Victoria
Bought by
Keseric Peter D and Gilmore Beverley J

Purchase Details

Closed on
Jul 28, 1999
Sold by
Bales L Patrick
Bought by
Bales L Patrick and Amoroso Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%

Purchase Details

Closed on
Jun 21, 1999
Sold by
Veninga Dolores M
Bought by
Bales L Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
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
Merhoff Paulreis -- None Available
Link Wayne K $599,000 Multiple
The Pace Family Lp $575,000 Stewart Title Of Illinois
Keseric Peter D $552,000 --
Bales L Patrick -- --
Bales L Patrick $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demetrion Thomas G $125,000
Open Merhoff Paulreis $371,250
Previous Owner Link Patricia $30,000
Previous Owner Link Wayne K $417,000
Previous Owner Bales L Patrick $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $495,000 -11.6% $309 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
06/21/2012 06/21/12 Price Changed $560,000 -1.7% $350 / Sq Ft
03/12/2012 03/12/12 For Sale $569,900 -- $356 / 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 $9,146 $50,370 $5,815 $44,555
2023 $8,916 $43,350 $4,682 $38,668
2022 $8,916 $43,350 $4,682 $38,668
2021 $8,717 $43,349 $4,682 $38,667
2020 $8,895 $39,928 $3,277 $36,651
2019 $8,705 $43,327 $3,277 $40,050
2018 $8,559 $43,327 $3,277 $40,050
2017 $9,751 $45,298 $2,621 $42,677
2016 $9,073 $45,298 $2,621 $42,677
2015 $8,301 $45,298 $2,621 $42,677
2014 $8,042 $43,342 $2,106 $41,236
2013 $7,883 $43,342 $2,106 $41,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08015494

Midwest Real Estate Data (MRED)

APN: 17-03-201-068-1006