NOT LISTED FOR SALE

1214 S Federal St Unit A Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $514,622 - $621,000

2 Beds
2 Baths
1,600 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $495,000 $309 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,966/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • 4-minute walk to Roosevelt Station (Green, Orange Lines)
  • Soaking Tub
  • South Loop Elementary School Rated 9+
  • Attached Garage
  • 3-minute walk to Mary Richardson Jones Park

About This Home

As of October 2021

Spacious end unit located in highly sought after Dearborn Park II. Filled with natural sunlight this renovated 2 bed/ 1.1 bath with family room features new Pella windows with blinds, all stainless appliances, slow close cabinetry, pantry with pull-outs, granite countertops with oversized breakfast bar. Beautiful hardwood flooring throughout most of home. Large main floor family room, with powder room and extra storage under stairway. Generous size two bedrooms and fabulous renovated bath, large living room with fireplace, separate dining room, with balcony great for outdoor grilling or relaxation. Just a wonderful home. Nothing to do but move in. Complete with a one car attached garage. Near all the conveniences the city has to offer.

Last Agent to Sell the Property

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 08/27/2021

RE/MAX Premier

Last Buyer's Agent

Joel Miller

Coldwell Banker Realty License #475178188

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,102

Year Built

  • 1996

Lot Details

  • 1,045

HOA Fees

  • $275 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Soaking Tub
  • Living Room with Fireplace
  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Kim Dean Association, Phone Number (847) 459-1222
  • Property managed by Foster Premier Property Manager

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,102

Year Built

1996

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub Type: T3-Townhouse 3+ Stories
  • 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): No
  • Unit Floor Level: 1
  • Directions: STATE TO 14TH, WEST TO FEDERAL NORTH TO 1214
  • Lot Size: 0.024
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Dearborn Park II
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Fireplace Features: Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Features: Deck, Storms/Screens, End Unit
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier Property Manager
  • Management Contact Name: Kim Dean
  • Management Phone: 847-459-1222
  • Amenities: Park
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Insurance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 1

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 9051.74
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Nipa Patel and Ansuyaben V Patel Revocable Tr
Bought by
Bradford Goodwin and Espino Castillo Haydee
Current Estimated Value
$558,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2017
Sold by
Patel Vinodrai B and Patel Ansuyaben V
Bought by
Patel Nipa and Vinodrai B Patel Revocable Trust

Purchase Details

Closed on
Jun 9, 2010
Sold by
Palos Bank & Trust Company
Bought by
Patel Vino Drai B and Patel Ansuyaben V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2005
Sold by
Stute Pamela A and Stute Gene
Bought by
Palos Bank & Trust Co and Trust #1-6250

Purchase Details

Closed on
Nov 5, 2004
Sold by
Alleman John T and Alleman Wikoliam
Bought by
Stute Pamela A and Stute Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2000
Sold by
Lawrence James Jeffrey and Lawrence Adrienne
Bought by
Alleman John T and Alleman Wikoliam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
8.16%

Purchase Details

Closed on
Dec 17, 1996
Sold by
Lawrence James J and Lawrence Adrienne L
Bought by
Lawrence James J and Lawrence Adrienne L

Purchase Details

Closed on
May 10, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Lawrence James J and Richmond Adrienne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,200
Interest Rate
8.25%
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
Bradford Goodwin $495,000 Lakeland Title Services
Patel Nipa -- None Available
Patel Vino Drai B $400,000 Ticor Title
Palos Bank & Trust Co -- --
Stute Pamela A $352,500 First American Title Ins Co
Alleman John T $277,500 --
Lawrence James J -- Chicago Title Insurance Co
Lawrence James J $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradford Goodwin $470,250
Previous Owner Patel Vino Drai B $320,000
Previous Owner Stute Pamela A $282,000
Previous Owner Alleman John T $222,000
Previous Owner Lawrence James J $166,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $495,000 -0.8% $309 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $499,000 -- $312 / 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 $9,102 $45,000 $18,531 $26,469
2023 $8,872 $43,000 $14,910 $28,090
2022 $8,872 $43,000 $14,910 $28,090
2021 $8,673 $43,000 $14,910 $28,090
2020 $9,233 $41,448 $12,247 $29,201
2019 $9,052 $45,053 $12,247 $32,806
2018 $8,900 $45,053 $12,247 $32,806
2017 $8,371 $38,888 $10,117 $28,771
2016 $7,789 $38,888 $10,117 $28,771
2015 $7,126 $38,888 $10,117 $28,771
2014 $6,649 $35,838 $9,052 $26,786
2013 $6,518 $35,838 $9,052 $26,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11202956

Midwest Real Estate Data (MRED)

APN: 17-21-211-272-0000