NOT LISTED FOR SALE

Estimated Value: $363,529 - $389,000

1 Bed
1 Bath
915 Sq Ft
1.55 Acres Lot

Sale Details

Date Sold: June 16, 2023

Last sale price $425,000 $464 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,085 / mo

8 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Wood Flooring
  • Fitness Center
  • Lock-and-Leave Community
  • 1-minute walk to Washington Square Park

About This Home

As of June 2023

Let's talk Exclusivity - Newly Renovated extra-large 1 Bed 1 Bath Astor model in Park Newberry Boutique Condo building. It is super rare for a 1 bedroom to come to market in this sought after Gold Coast building. Brand new kitchen, with stainless and granite island countertops. New flooring thought out, updated bathroom, with double vanity sink, painted throughout. Large bedroom with walk-in closets and build-ins. Spacious walk-in storage/pantry off the kitchen. Large balcony overlooking the courtyard water fountain and Washington Square Park which is directly across from the building. 24-hour supportive door staff, 24-hour maintenance, on site management, large rooftop terrace, updated hallways and lobbies and exercise room. Perfect location in the heart of the Gold Coast, steps to shopping, restaurants, entertainment, and parks. 1 convenient deeded Garage Parking Space additional. Strong and Healthy HOA 88% owner occupied; $1.7M in reserves.

Last Agent to Sell the Property

Peter Fotopoulos

Baird & Warner License #471010854 Listed on: 04/26/2023

Baird & Warner

Last Buyer's Agent

Nancy Simonson

Keller Williams ONEChicago License #475173913

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,953

Year Built

  • Built in 1998 | Remodeled in 2023

Lot Details

  • 1.55

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 915 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Additional Parcels

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, gas, parking, insurance, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 183 Units
  • Silvio Brizu Association, Phone Number (312) 951-6827
  • Property managed by Community Specialists
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,953

Year Built

Built in 1998 | Remodeled in 2023

Lot Details

1.55 Acres

HOA Fees

$597 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 8
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 915
  • Other Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer, Storage, Walk In Closet
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 597
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Silvio Brizu
  • Management Phone: 312-951-6827
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Gas, Parking, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 3952.91
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 16, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Luk Shau Y and Luk Regina S
Seller's Agent
Peter Fotopoulos
Baird & Warner
Buyer's Agent
Nancy Simonson
Keller Williams ONEChicago
List Price
$434,000
Sold Price
$425,000
Premium/Discount to List
-$9,000
-2.07%
Views
17
Current Estimated Value
$379,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,118
Avg. Annual Appreciation
-3.87%
Original Mortgage
$340,000
Outstanding Balance
$330,017
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$49,865

Purchase Details

Closed on
Jul 31, 1998
Sold by
Park Newberry Llc
Bought by
Nebel Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7%
Source: Public Records
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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
Luk Shau Y $425,000 Chicago Title
Nebel Patricia $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luk Shau Y $340,000
Previous Owner Nebel Patricia $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $425,000 +6.5% $464 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/27/2023 04/27/23 Price Changed $399,000 -8.1% $436 / Sq Ft
04/26/2023 04/26/23 For Sale $434,000 -- $474 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $5,693 $31,486 $5,176 $26,310
2024 $5,693 $31,486 $5,176 $26,310
2023 $3,420 $32,954 $4,252 $28,702
2022 $3,420 $32,954 $4,252 $28,702
2021 $5,421 $32,952 $4,251 $28,701
2020 $5,346 $29,583 $2,916 $26,667
2019 $5,210 $32,107 $2,916 $29,191
2018 $5,121 $32,107 $2,916 $29,191
2017 $3,532 $26,913 $2,333 $24,580
2016 $3,902 $26,913 $2,333 $24,580
2015 $3,750 $26,913 $2,333 $24,580
2014 $3,718 $25,022 $1,875 $23,147
2013 $4,073 $25,022 $1,875 $23,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11768172

Midwest Real Estate Data (MRED)

APN: 17-04-441-024-1026

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