NOT LISTED FOR SALE

Estimated Value: $564,335 - $864,000

1 Bed
2 Baths
1,570 Sq Ft
$1,078/mo HOA Fee

Last Sold May 31, 2018

Last sale price $590,000 $376 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,449/month

69 Days on Market

Highlights

  • Corner Lot
  • Attached Garage
  • Soaking Tub
  • Galley Kitchen
  • Bidet
  • 4-minute walk to Mariano (Louis) Park

About This Home

As of May 2018

Enjoy Magnificent Mile Location and 950 Michigan Lifestyle. Fabulous and spacious 1570 Sf. 1 Bedroom, 1 1|2 Bath on 48th floor boasts 10.5 ft. ceilings and bright, exciting Southwest exposure...Sparkling City lights, Magnificent Sunsets and South down the Mag Mile. Beautiful Oak floor throughout. Expansive rooms, Dining Room, Master Suite w 2 Walk-in closets, Travertine Bath, Sep. Shower, and office nook. Kitchen appliances and W/D, 2 yrs. new. Freshly decorated. Amenities: Indoor Pool, 2 Decks, Fitness Center, 24 Hr. Door Staff, Impeccably well managed building.

Last Agent to Sell the Property

Anna Pesce

Berkshire Hathaway HomeServices Chicago Listed on: 02/06/2018

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Margaret Baczkowski

@properties Christie's International Real Estate License #475125650

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,812

Year Built | Renovated

  • 1983 | 2008

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $1,078 per month

Parking

  • Attached Garage
  • Heated Garage

Home Design

  • Reinforced Caisson Foundation
  • Marble or Granite Building Materials

Interior Spaces

  • Entrance Foyer
  • Storage

Kitchen

  • Galley Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Location

  • Property is near a bus stop
  • City Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,812

Year Built | Renovated

1983 | 2008

Lot Details

0

HOA Fees

$1,078 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 48
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1983
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 56
  • Year Built: 1983
  • Year Renovated: 2008

Interior Features

  • Interior Property Features: Elevator, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 21X18, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Oven/Built-in
  • Equipment: TV-Cable, Fire Sprinklers
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Bidet, Soaking Tub
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 14X09, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Foyer, Dimensions: 27X05, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Walk in Closet, Dimensions: 08X07, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 4 Name: Other, Dimensions: 8X6, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1570
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Reinforced Caisson
  • Exterior Building Type: Marble/Granite
  • Exposure: S (South), W (West), City

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Fee/Leased

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Radiant, Indv Controls, Zoned

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Sundeck, Pool-Indoors, Receiving Room, Restaurant, Sauna, Security Door Locks, Service Elevator, Valet/Cleaner, Whirlpool
  • Assessment Includes: Water, Common Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 1078
  • Management Contact Name: Penny Berman
  • Management Phone: 312-664-6055

Fee Information

  • Management Company: Property Manager
  • Lowest Parking Fee: 348
  • Highest Parking Fee: 348
  • Lease Amount: 348

Schools

  • School District: 299
  • Elementary School: OGDEN ELEMENTARY SCHOOL
  • Middle School: OGDEN ELEMENTARY SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Corner
  • Parcel Identification Number: 17032070681149

Multi Family

  • Total Number Unitsin Building: 181
  • Number Stories: 56

Tax Info

  • Taxes: 11484.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
May 24, 2018
Sold by
Georgescu Peter and Georgescu Barbara
Bought by
4801 Onemagmile Llc
Seller's Agent
Anna Pesce
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
List Price
$630,000
Sold Price
$590,000
Premium/Discount to List
-$40,000
-6.35%
Current Estimated Value
$672,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,834
Avg. Annual Appreciation
1.64%

Purchase Details

Closed on
May 17, 2006
Sold by
The Northern Trust Co
Bought by
Georgescu Peter and Georgescu Barbara

Purchase Details

Closed on
Oct 26, 1998
Sold by
Armstrong Joan
Bought by
Armstrong Joan and Joan Armstrong Trust
Source: Public Records

Range of Values:

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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
4801 Onemagmile Llc $590,000 Attorney
Georgescu Peter -- None Available
Armstrong Joan -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $590,000 -6.3% $376 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $630,000 -- $401 / 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 $9,812 $47,222 $1,829 $45,393
2023 $9,565 $46,507 $1,473 $45,034
2022 $9,565 $46,507 $1,473 $45,034
2021 $11,281 $56,098 $1,472 $54,626
2020 $14,033 $62,992 $1,030 $61,962
2019 $13,908 $69,222 $1,030 $68,192
2018 $13,753 $73,058 $1,030 $72,028
2017 $12,154 $59,836 $824 $59,012
2016 $11,484 $59,836 $824 $59,012
2015 $10,484 $59,836 $824 $59,012
2014 $9,627 $54,454 $662 $53,792
2013 $9,426 $54,454 $662 $53,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09851693

Midwest Real Estate Data (MRED)

APN: 17-03-207-068-1149