Seller's Agent in 2016
Rubina Bokhari
Compass
(847) 691-5055
12 in this area
162 Total Sales
Estimated Value: $199,000 - $236,111
1
Bed
1
Bath
755
Sq Ft
$571/mo
HOA Fee
Highlights
- Wood Flooring
- 4-minute walk to Grand Avenue Station (Red Line)
- Property is near a bus stop
- Stainless Steel Appliances
- Galley Kitchen
- Central Air
About This Home
As of May 2016Unbeatable Michigan Ave location! Come live in this completely renovated spacious home right on the Magnificent Mile. This gorgeous move-in ready unit has a beautifully upgraded kitchen with granite counters, stainless steel appliances, new cabinets and granite flooring. BRAND NEW hardwood floors have just been installed 2 weeks ago. Elegantly remodeled granite and marble bathroom. The residences at 535 Michigan is a full amenity building which includes: Heated indoor pool with jacuzzi, state of the art fitness center with brand new Precor equipment, 24 hour doorman, sun deck with incredible 360 views, storage rooms and so much more. The location doesn't get better than this! You are just steps away from shopping, amazing restaurants, Lake Michigan, the Riverwalk, Navy Pier, museums, the Loop and public transportation. Investors welcome, no rental cap.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,307
Year Built
- 1962
Lot Details
- 0.46
HOA Fees
- $571 per month
Home Design
- Brick Exterior Construction
Kitchen
- Galley Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Utilities
- Central Air
- Hot Water Heating System
- Heating System Uses Gas
Additional Features
- Wood Flooring
- Property is near a bus stop
Community Details
- Pets Allowed
Listing and Financial Details
- $1,500 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2016
Closed on
May 6, 2016
Sold by
Mothkur Sheila
Bought by
Wajid Arshia
Seller's Agent
Rubina Bokhari
Compass
Buyer's Agent
Alex Haried
Compass
List Price
$239,000
Sold Price
$228,500
Premium/Discount to List
-$10,500
-4.39%
Total Days on Market
42
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
-$13,472
Avg. Annual Appreciation
-0.54%
Original Mortgage
$159,950
Outstanding Balance
$77,192
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$140,561
Purchase Details
Closed on
Nov 25, 2013
Sold by
Mothkur Sheila
Bought by
Mothkur Sheila and The Sheila Mothkur Revocable Trust
Purchase Details
Closed on
Jun 28, 2000
Sold by
Akpata Folorunso F
Bought by
Mothkur Sheila
Purchase Details
Closed on
Mar 30, 1995
Sold by
Tumberger Paul
Bought by
Akpata Folorunso F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
7.75%
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 |
|---|---|---|---|
| Wajid Arshia | $228,500 | None Available | |
| Mothkur Sheila | -- | None Available | |
| Mothkur Sheila | $170,000 | -- | |
| Akpata Folorunso F | $74,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wajid Arshia | $159,950 | |
| Previous Owner | Mothkur Sheila | $160,000 | |
| Previous Owner | Akpata Folorunso F | $66,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2016 05/13/16 | Sold | $228,500 | -4.4% | $303 / Sq Ft |
| 03/16/2016 03/16/16 | Pending | -- | -- | -- |
| 02/03/2016 02/03/16 | For Sale | $239,000 | -- | $317 / 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 | $3,307 | $19,855 | $959 | $18,896 |
| 2023 | $3,307 | $19,501 | $774 | $18,727 |
| 2022 | $3,307 | $19,501 | $774 | $18,727 |
| 2021 | $3,251 | $19,499 | $773 | $18,726 |
| 2020 | $3,388 | $18,312 | $596 | $17,716 |
| 2019 | $3,305 | $19,881 | $596 | $19,285 |
| 2018 | $3,927 | $19,881 | $596 | $19,285 |
| 2017 | $3,890 | $18,072 | $508 | $17,564 |
| 2016 | $3,119 | $18,072 | $508 | $17,564 |
| 2015 | $2,904 | $18,468 | $508 | $17,960 |
| 2014 | $2,432 | $15,678 | $397 | $15,281 |
| 2013 | $2,373 | $15,678 | $397 | $15,281 |
Source: Public Records
Agents Affiliated with this Home
-
Rubina Bokhari
-
Melissa Dondalski
Seller Co-Listing Agent in 2016
Melissa Dondalski
@ Properties
(312) 632-0380
5 in this area
133 Total Sales
-
Alex Haried
Buyer's Agent in 2016
Alex Haried
Compass
(630) 308-0795
93 Total Sales
About This Building
Map
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09130754
APN: 17-10-122-025-1225
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