NOT LISTED FOR SALE

1214 S Federal St Unit E Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $510,949 - $614,000

2 Beds
1.5 Baths
1,357 Sq Ft
$410/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $482,500 $356 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,954/month

23 Days on Market

Highlights

  • Deck
  • 4-minute walk to Roosevelt Station (Green, Orange Lines)
  • 1 Car Attached Garage
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 3-minute walk to Mary Richardson Jones Park

About This Home

As of June 2021

LOCATED IN HIGHLY SOUGHT AFTER SERENE DEARBORN PARK II. THIS MOVE IN READY 2 BEDROOM, 1.1 BATH THREE LEVEL TOWNHOME OFFERS 1ST FLOOR FAMILY ROOM WITH POWDER ROOM. 2ND LEVEL OPEN FLOOR PLAN BOASTS LUMINOUS HARDWOOD FLOORING, OVERSIZED BREAKFAST BAR, STAINLESS APPLIANCES, PANTRY AND SPACIOUS DECK OFF LIVING ROOM FOR MUCH NEEDED OUTDOOR ENTERTAINING OR JUST RELAXATION. 3RD LEVEL HAS 2 SPACIOUS BEDROOMS FULL OF NATURAL LIGHT, SOAKER TUB AND SKYLIGHT. A ONE CAR ATTACHED GARAGE COMPLETE THIS WONDERFUL HOME. CONVEINENTLY LOCATED NEAR SHOPPING, RESTAURANTS, SCHOOLS, EL, MUSEUMS, PARKS, LAKEFRONT, GRANT PARK, MINUTES TO DOWNTOWN, PUBLIC TRANSPORTION AND EASY ACCESS TO ALL MAJOR EXPRESSWAYS.

Last Agent to Sell the Property

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 03/22/2021

RE/MAX Premier

Last Buyer's Agent

Janeen Hayes

Best Chicago Properties, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,048

Year Built

  • Built in 1996

Lot Details

  • 1,002

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, lawn care, scavenger, snow removal
  • 117 Units
  • Kim Dean Association, Phone Number (847) 459-1222
  • Dearborn Park II Subdivision
  • Property managed by Foster Premier Property Manager

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,048

Year Built

Built in 1996

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Dearborn Park II
  • Year Built: 1996
  • 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
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

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

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Deck
  • List Price: 499000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • 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

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 990
  • 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: 9047.88
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 7, 2021
Sold by
Lambert Schnell Price
Bought by
Fuentes Esmeralda and Ruiz Melvin
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Janeen Hayes
Best Chicago Properties, LLC
Sold Price
$482,500
Current Estimated Value
$556,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,237
Avg. Annual Appreciation
3.35%
Original Mortgage
$458,375
Outstanding Balance
$415,001
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$141,736

Purchase Details

Closed on
Nov 13, 2017
Sold by
Xing Li and Chen Jing
Bought by
Price Lambert Schnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Darby Everett V
Bought by
Darby Everett and Darby Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.93%

Purchase Details

Closed on
Jun 1, 1996
Sold by
Boyer Rick C and Taylor Kelly J
Bought by
Seymore Ronald and Seymore Harriet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,600
Interest Rate
8.09%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Boyer Rick C and Taylor Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
7.5%
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
Fuentes Esmeralda $482,500 First American Title
Price Lambert Schnell $460,000 Attorney
Darby Everett -- --
Seymore Ronald $196,500 --
Boyer Rick C $168,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Esmeralda $458,375
Previous Owner Price Lambert Schnell $368,000
Previous Owner Darby Everett $180,000
Previous Owner Seymore Ronald $186,600
Previous Owner Boyer Rick C $147,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $482,500 -3.3% $356 / Sq Ft
04/16/2021 04/16/21 For Sale -- -- --
04/14/2021 04/14/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $499,000 -- $368 / 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 $17,226 $27,774
2023 $8,872 $43,000 $13,860 $29,140
2022 $8,872 $43,000 $13,860 $29,140
2021 $8,673 $43,000 $13,860 $29,140
2020 $9,230 $41,431 $11,385 $30,046
2019 $9,048 $45,034 $11,385 $33,649
2018 $8,896 $45,034 $11,385 $33,649
2017 $7,645 $38,888 $9,405 $29,483
2016 $7,289 $38,888 $9,405 $29,483
2015 $6,645 $38,888 $9,405 $29,483
2014 $6,173 $35,838 $8,415 $27,423
2013 $6,040 $35,838 $8,415 $27,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11028474

Midwest Real Estate Data (MRED)

APN: 17-21-211-276-0000