NOT LISTED FOR SALE

Estimated Value: $500,000 - $1,496,000

3 Beds
2.5 Baths
2,400 Sq Ft
$1,312/mo HOA Fee

Last Sold March 21, 2024

Last sale price $1,225,000 $510 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $6,215/month

8 Days on Market

Highlights

  • Doorman
  • 4-minute walk to Clinton Station (Green, Pink Lines)
  • Fireplace in Primary Bedroom
  • Fitness Center
  • Penthouse
  • 2-minute walk to Fulton River Park

About This Home

As of March 2024

Seeking something truly unparalleled? In 1997, the visionary developer of 616 W Fulton defied convention, seamlessly merging the southwest corners of the 5th and 6th floors to create a singular and unprecedented property. Unit 511-611 epitomizes penthouse living, boasting character with exposed brick and soaring 13-foot timber ceilings. Thoughtfully designed, the 5th floor hosts all three bedrooms on the same level with two bathrooms, while the 6th floor seamlessly integrates the kitchen with expansive living and dining areas, a haven for hosting unforgettable gatherings. Noteworthy features include a massive skylight in the living room, two wrap-around balconies on each floor, dual-zone climate control, and a convenient washer/dryer. Each floor boasts a 10x14 bonus room, ideal for a home office, storage, or golf simulator. The building features a door staff, an experienced building engineer, and an onsite property manager. Like to work out? There is a new gym with a Lifefitness package, a rowing machine, an elliptical machine, and a Soul Cycle exercise bike. Also, there is a Butterfly entry system and onsite dry cleaning service. The association's recent $1.4M capital improvement project has revitalized the building's exterior and interior. Nestled in the sought-after Fulton River District, this building offers unparalleled access to expressways, trains, grocery stores, the Loop, the Ogden school district, and the popular East Bank Club. Renowned for its vibrant atmosphere and rapid evolution, the Fulton River District combines industrial history with modern innovation. The area's transformation into a tech and culinary destination has become a hotspot for businesses and residents alike. This neighborhood offers a dynamic blend of dining, entertainment, and recreational opportunities, from the famed Restaurant Row to the bustling Riverwalk. With its mix of loft-style apartments, upscale condominiums, and office spaces, the Fulton River District provides a captivating backdrop for urban living and working. Garage parking is available for an additional $25K.

Last Agent to Sell the Property

Chris McComas

@properties Christie's International Real Estate License #475145876 Listed on: 02/15/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Annika Valdiserri

@properties Christie's International Real Estate License #475124227

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,610

Year Built

  • Built in 1890

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $1,312 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

Schools

  • Ogden Elementary School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 111 Units
  • Portia Galloway Association, Phone Number (312) 474-9143
  • Duplex
  • Property managed by FirstService Residential
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,610

Year Built

Built in 1890

Lot Details

0

HOA Fees

$1,312 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Loft,Other,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Loft,Other,Penthouse
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • Rebuilt Year: 1997
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 2400
  • Other Equipment: Humidifier, TV-Cable, Security System, Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Foundation Details: Stone
  • List Price: 1274000
  • Lot Features: Common Grounds, Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1312
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Portia Galloway
  • Management Phone: 312-474-9143
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17093090031068,17093090031209
  • 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: 999

Tax Info

  • Tax Annual Amount: 11610.43
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 15, 2024
Sold by
Gomes Jose Moracs Luis and Condeco Carolina Ferreira
Bought by
Ellen B Kaplinsky Self Declaration Of Trust and Kaplinsky
Seller's Agent
Chris McComas
@properties Christie's International Real Estate
Buyer's Agent
Annika Valdiserri
@properties Christie's International Real Estate
List Price
$1,274,000
Sold Price
$1,225,000
Premium/Discount to List
-$49,000
-3.85%
Views
27
Current Estimated Value
$841,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$383,225
Avg. Annual Appreciation
-21.26%

Purchase Details

Closed on
May 18, 2018
Sold by
Evans Thomas G
Bought by
Gomes Jose Moraes Luis and Condeco Carolina Ferreira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 8, 2014
Sold by
A R E Llc
Bought by
Evans Thomas G
Seller's Agent
Amy Pritchard
Jameson Sotheby's Intl Realty
Buyer's Agent
Matthew Liss
Mark Allen Realty ERA Powered
List Price
$799,900
Sold Price
$843,000
Premium/Discount to List
$43,100
5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.01%
Original Mortgage
$674,400
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 9, 2013
Sold by
Elsasser Brandon and Elsasser Sara
Bought by
A R E Llc

Purchase Details

Closed on
Feb 25, 2009
Sold by
Johnson Greg and Englehart Janet
Bought by
Elsasser Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2008
Sold by
Johnson Gregory Shawn
Bought by
Johnson Gregory Shawn and Englehart Janet M

Purchase Details

Closed on
Oct 18, 2006
Sold by
Ma Lindsey A
Bought by
Johnson Gregory Shawn
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
Ellen B Kaplinsky Self Declaration Of Trust $1,225,000 None Listed On Document
Gomes Jose Moraes Luis $1,160,000 None Available
Evans Thomas G $843,000 Cit
A R E Llc -- None Available
Elsasser Brandon $715,000 Multiple
Johnson Gregory Shawn -- None Available
Johnson Gregory Shawn $648,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomes Jose Moraes Luis $812,000
Previous Owner Evans Thomas G $674,400
Previous Owner Elsasser Brandon $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Sold $1,225,000 -3.8% $510 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $1,274,000 +51.1% $531 / Sq Ft
07/09/2014 07/09/14 Sold $843,000 +5.4% $351 / Sq Ft View Prior Sale
05/26/2014 05/26/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $799,900 -- $333 / 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 $5,440 $45,478 $1,554 $43,924
2023 $5,281 $29,012 $852 $28,160
2022 $5,281 $29,012 $852 $28,160
2021 $8,385 $41,563 $852 $40,711
2020 $8,586 $38,413 $852 $37,561
2019 $8,475 $42,041 $852 $41,189
2018 $8,331 $42,041 $852 $41,189
2017 $6,581 $30,466 $752 $29,714
2016 $6,102 $30,466 $752 $29,714
2015 $5,583 $30,466 $752 $29,714
2014 $5,262 $28,359 $639 $27,720
2013 $5,158 $28,359 $639 $27,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11920890

Midwest Real Estate Data (MRED)

APN: 17-09-309-003-1087