Seller's Agent in 2024
Chuck Gullett
Best Chicago Properties, LLC
(312) 563-5300
12 in this area
144 Total Sales
The Residences at the Joffrey Tower 8 E Randolph St Unit 3205 Chicago, IL 60601
The Loop NeighborhoodEstimated Value: $483,000 - $524,000
2
Beds
2
Baths
1,350
Sq Ft
$1,401/mo
HOA Fee
Highlights
- Doorman
- 1-minute walk to Lake Station
- Lock-and-Leave Community
- South Loop Elementary School Rated 9+
- Fitness Center
- 5-minute walk to Millenium Park
About This Home
As of October 2024Stunning corner unit 2 Bed/ 2 Bath penthouse at Joffrey Tower in Chicago's vibrant Loop neighborhood. This amazing condo let's you take in panoramic city and sunset views from the floor-to-ceiling windows in every room. This unit features a granite/ stainless kitchen, hardwood flooring throughout, huge private balcony, in-unit laundry, bright/ open layout and tons of storage space. Joffrey Tower features 24/7 door staff, onsite management, resident lounge and fitness center. Prime downtown location at Randolph and State Street, just steps to the Theater District, Millennium Park, Maggie Daley Park, the Lakefront Path, River Walk, State St shopping, Art Institute, restaurants/ bars, coffee shops and easy access to Chicago Pedway and all public transportation options. Garage parking space is included in price!
Last Agent to Sell the Property
Best Chicago Properties, LLC License #471016968 Listed on: 07/09/2024
Last Buyer's Agent
Marzena Frausto
Redfin Corporation License #475180812
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,145
Year Built
- Built in 2008
Lot Details
- 0.44
HOA Fees
- $1,401 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Interior Spaces
- 1,350 Sq Ft Home
- Living Room
- Open Floorplan
- Dining Room
- Home Gym
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- Halls are 36 inches wide or more
- Accessibility Features
- Doors with lever handles
- No Interior Steps
- Entry Slope Less Than 1 Foot
Utilities
- Forced Air Heating and Cooling System
- Individual Controls for Heating
- Lake Michigan Water
Additional Features
- Balcony
- End Unit
Community Details
Overview
- Association fees include heat, air conditioning, water, parking, insurance, doorman, exercise facilities, exterior maintenance, scavenger, internet
- 188 Units
- Lucretia Crestescu Association, Phone Number (312) 578-8550
- Property managed by Sudler
- Lock-and-Leave Community
- 33-Story Property
Amenities
- Doorman
- Party Room
- Elevator
- Service Elevator
- Lobby
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2016
Closed on
May 26, 2016
Sold by
Melberg Karin A and Couture Tammy B
Bought by
Simon Eliot and Wethington Larry
Seller's Agent
Karin Melberg
Keller Williams Momentum
Buyer's Agent
Matt Hoyt
Coldwell Banker Residential
List Price
$635,000
Sold Price
$565,500
Premium/Discount to List
-$69,500
-10.94%
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
-$62,829
Avg. Annual Appreciation
-1.22%
Original Mortgage
$417,000
Outstanding Balance
$333,819
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$168,852
Purchase Details
Closed on
Jun 17, 2008
Sold by
Smithfield Properties Xl Llc
Bought by
Couture Tammy E and Melberg Karin A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.96%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Simon Eliot | $565,500 | Attorney | |
| Couture Tammy E | $541,000 | Near North National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Simon Eliot | $417,000 | |
| Previous Owner | Couture Tammy E | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $475,000 | -5.0% | $352 / Sq Ft | |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- | |
| 07/24/2024 07/24/24 | Price Changed | $499,900 | -4.8% | $370 / Sq Ft | |
| 07/09/2024 07/09/24 | For Sale | $524,900 | -7.2% | $389 / Sq Ft | |
| 05/31/2016 05/31/16 | Sold | $565,500 | -1.7% | $419 / Sq Ft | View Prior Sale |
| 04/08/2016 04/08/16 | Pending | -- | -- | -- | |
| 03/26/2016 03/26/16 | Price Changed | $575,000 | -3.4% | $426 / Sq Ft | |
| 03/16/2016 03/16/16 | Price Changed | $595,000 | -1.7% | $441 / Sq Ft | |
| 02/25/2016 02/25/16 | Price Changed | $605,000 | -4.7% | $448 / Sq Ft | |
| 01/14/2016 01/14/16 | For Sale | $635,000 | -- | $470 / 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 | $11,479 | $49,967 | $2,586 | $47,381 |
| 2023 | $11,145 | $52,000 | $2,084 | $49,916 |
| 2022 | $11,145 | $52,000 | $2,084 | $49,916 |
| 2021 | $10,883 | $51,999 | $2,084 | $49,915 |
| 2020 | $10,908 | $47,190 | $1,888 | $45,302 |
| 2019 | $10,753 | $51,395 | $1,888 | $49,507 |
| 2018 | $10,568 | $51,395 | $1,888 | $49,507 |
| 2017 | $9,843 | $43,860 | $1,563 | $42,297 |
| 2016 | $9,205 | $43,860 | $1,563 | $42,297 |
| 2015 | $8,442 | $43,860 | $1,563 | $42,297 |
| 2014 | $6,310 | $32,119 | $3,318 | $28,801 |
| 2013 | $6,188 | $32,119 | $3,318 | $28,801 |
Source: Public Records
Agents Affiliated with this Home
-
Chuck Gullett
-
Marzena Frausto
M
Buyer's Agent in 2024
Marzena Frausto
Redfin Corporation
-
K
Seller's Agent in 2016
Karin Melberg
Keller Williams Momentum
-
M
Buyer's Agent in 2016
Matt Hoyt
Coldwell Banker Residential
About The Residences at the Joffrey Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12105554
APN: 17-10-305-011-1173
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