W
Seller's Agent in 2023
Wendy Robinson
Wendy Robinson
(773) 750-4547
5 in this area
7 Total Sales
7355 S South Shore Dr Unit 403 Chicago, IL 60649
South Shore NeighborhoodEstimated Value: $61,861 - $71,000
1
Bed
1
Bath
750
Sq Ft
$316/mo
HOA Fee
Highlights
- Fitness Center
- Elevator
- Building Patio
- Waterfront
- Formal Dining Room
- 2-minute walk to Ashe Beach Park
About This Home
As of October 2023SUNDAY 8/27/23 1:00PM - 3:00PM Nicely updated and freshly painted throughout - one bedroom condo, with new appliances and granite countertop in kitchen, separate dining area off of the kitchen. The unit is ready to move in. Low Yearly Taxes. Low Assessments include heat and water. Elevator building with coin-op laundry room onsite and assigned storage. Owner occupied building; no renting allowed. Association Owned Unit Broker is an owner in the building and on the Board of Directors
Last Agent to Sell the Property
Wendy Robinson License #471016291 Listed on: 08/11/2023
Last Buyer's Agent
Miguel Lopez
Redfin Corporation License #475176198
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $221
Year Built
- Built in 1962
Lot Details
- 0.54
HOA Fees
- $316 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 750 Sq Ft Home
- Formal Dining Room
- Water Views
- Unfinished Basement
- Partial Basement
- Range
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Leased Parking
- Uncovered Parking
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiator
Additional Features
- Patio
- Waterfront
Community Details
Overview
- Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 47 Units
- Board Of Directors Association, Phone Number (773) 234-2088
- Property managed by 7355 South Shore Drive Condo Assn
- 5-Story Property
Amenities
- Building Patio
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Pets up to 70 lbs
- Limit on the number of pets
- Pet Deposit Required
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2023
Closed on
Oct 16, 2023
Sold by
7355 S Shore Drive Condominium Associati
Bought by
Coleman Melvin P
Seller's Agent
Wendy Robinson
Wendy Robinson
Buyer's Agent
Miguel Lopez
Redfin Corporation
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,715
Avg. Annual Appreciation
4.93%
Original Mortgage
$54,000
Outstanding Balance
$53,012
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$12,703
Purchase Details
Listed on
Apr 23, 2013
Closed on
Jul 25, 2013
Sold by
The Bank Of New York Mellon
Bought by
7355 South Shore Drive Condominium Assn
Seller's Agent
Stratos Rounis
SR Realty Group Inc.
Buyer's Agent
Angelo Kalaras
SR Realty Group Inc.
List Price
$10,100
Sold Price
$10,200
Premium/Discount to List
$100
0.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Purchase Details
Closed on
Feb 8, 2013
Sold by
Judicial Sales Corp and Wafer Khayyan
Bought by
Bank New York Mellon
Purchase Details
Closed on
Jul 20, 1999
Sold by
Lasalle Bank National Assn
Bought by
Wafer Khayyan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,650
Interest Rate
7.93%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coleman Melvin P | $60,000 | None Listed On Document | |
| Coleman Melvin P | $60,000 | None Listed On Document | |
| 7355 South Shore Drive Condominium Assn | $10,500 | None Available | |
| Bank New York Mellon | -- | -- | |
| Bank New York Mellon | -- | -- | |
| Bank New York Mellon | -- | -- | |
| Wafer Khayyan | $27,000 | Professional National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coleman Melvin P | $54,000 | |
| Closed | Coleman Melvin P | $54,000 | |
| Previous Owner | Wafer Khayyan | $46,400 | |
| Previous Owner | Wafer Khayyan | $26,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $60,000 | -7.7% | $80 / Sq Ft |
| 09/09/2023 09/09/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $65,000 | +537.3% | $87 / Sq Ft |
| 07/31/2013 07/31/13 | Sold | $10,200 | 0.0% | $16 / Sq Ft |
| 07/08/2013 07/08/13 | Pending | -- | -- | -- |
| 06/24/2013 06/24/13 | Off Market | $10,200 | -- | -- |
| 06/18/2013 06/18/13 | For Sale | $10,100 | -1.0% | $16 / Sq Ft |
| 05/07/2013 05/07/13 | Pending | -- | -- | -- |
| 05/03/2013 05/03/13 | Off Market | $10,200 | -- | -- |
| 04/23/2013 04/23/13 | For Sale | $10,100 | -- | $16 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $423 | $4,706 | $385 | $4,321 |
| 2023 | $411 | $2,000 | $641 | $1,359 |
| 2022 | $411 | $2,000 | $641 | $1,359 |
| 2021 | $402 | $1,999 | $640 | $1,359 |
| 2020 | $863 | $3,872 | $461 | $3,411 |
| 2019 | $861 | $4,287 | $461 | $3,826 |
| 2018 | $847 | $4,287 | $461 | $3,826 |
| 2017 | $840 | $3,902 | $410 | $3,492 |
| 2016 | $782 | $3,902 | $410 | $3,492 |
| 2015 | $715 | $3,902 | $410 | $3,492 |
| 2014 | $709 | $3,820 | $346 | $3,474 |
| 2013 | $914 | $5,026 | $346 | $4,680 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Robinson
-
Miguel Lopez
M
Buyer's Agent in 2023
Miguel Lopez
Redfin Corporation
-
Stratos Rounis
S
Seller's Agent in 2013
Stratos Rounis
SR Realty Group Inc.
(847) 878-1610
4 in this area
281 Total Sales
-
A
Buyer's Agent in 2013
Angelo Kalaras
SR Realty Group Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11856318
APN: 21-30-114-028-1030
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