NOT LISTED FOR SALE

1300 N State Pkwy Unit 404 Chicago, IL 60610

Gold Coast Neighborhood

Estimated Value: $792,000 - $1,120,467

2 Beds
3 Baths
2,058 Sq Ft
$1,378/mo HOA Fee

Last Sold September 15, 2020

Last sale price $1,100,000 $534 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $7,853/month

90 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Clark/Division Station
  • Balcony
  • Lincoln Park High School Rated A
  • Stainless Steel Appliances
  • 3-minute walk to Goudy (William) Square Park

About This Home

As of September 2020

A beauty in the Gold Coast in a landmark building - this stunning corner unit at the exclusive Ambassador is everything elegant one could want. A grand living/dining room area filled with light from its many windows, fireplace, and balcony. Custom cabinetry, Sub-Zero & Thermador appliances, and marble countertops add to the eat-in kitchen's beauty. Two ensuite bedrooms, and a master bathroom with separate shower, tub, water closet and double sinks. Impeccable hardwood floors and custom window treatments add to the detail of this picture-perfect home. A second balcony, laundry room, powder room, storage and indoor parking included. The Ambassador offers access to the second floor garden, gym complete with Peloton Bike and half basketball court, 24-hour door staff, the penthouse owner's suite with sun deck, and onsite management. Note: the association has successfully contested the taxes and there will be an 8% reduction beginning on the 2020 tax bill.

Last Agent to Sell the Property

Tyler Stallings

Corcoran Urban Real Estate License #475173020 Listed on: 05/05/2020

Corcoran Urban Real Estate

Last Buyer's Agent

An-An Ku

Urban Living Properties, LLC License #475161826

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,629

Year Built | Renovated

  • 1918 | 2006

Lot Details

  • 0.49

HOA Fees

  • $1,378 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Limestone

Interior Spaces

  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony
  • East or West Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • $10,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,629

Year Built | Renovated

1918 | 2006

Lot Details

0

HOA Fees

$1,378 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 4
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2006
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1918
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12
  • Year Built: 1918
  • Year Renovated: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X26, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Range Hood
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X5, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 14X20, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 2: Dimensions: 13X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Estimated Sq Ft: 2058

Exterior Features

  • Exterior Building Type: Brick, Limestone
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Service Elevator
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Parking, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 1378
  • Management Contact Name: Nanci Gonzales
  • Management Phone: 312-202-0800

Fee Information

  • Management Company: Draper & Kramer

Schools

  • School District: 299
  • High School: Lincoln Park High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17042180511014

Multi Family

  • Total Number Unitsin Building: 37
  • Number Stories: 12

Tax Info

  • Taxes: 25457.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Aug 31, 2020
Sold by
Wilson Melani W and Wilson Peter C
Bought by
Kalimullah Faiyaaz Ahmad
Seller's Agent
Tyler Stallings
Corcoran Urban Real Estate
Buyer's Agent
An-An Ku
Urban Living Properties, LLC
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$910,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$189,511
Avg. Annual Appreciation
-2.66%
Original Mortgage
$950,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2014
Closed on
Dec 16, 2014
Sold by
Dermenjian David H and Dermenjian Michelle D
Bought by
Wilson Melani W and Wilson Peter C
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Roger Todebush
@properties Christie's International Real Estate
List Price
$1,149,000
Sold Price
$1,095,000
Premium/Discount to List
-$54,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%
Original Mortgage
$417,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2013
Sold by
Kosin Mark J and Kosin Stephen G
Bought by
Dermenjian David H and Dermenjian Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 24, 2007
Sold by
Us Bank Na
Bought by
Kosin Mark J and Kosin Stephen G

Purchase Details

Closed on
Apr 26, 2005
Sold by
1300 North State Parkway Llc
Bought by
Us Bank Na and Trust #3213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Kalimullah Faiyaaz Ahmad $1,100,000 Greater Illinois Title
Wilson Melani W $1,095,000 Git
Dermenjian David H $900,000 None Available
Kosin Mark J -- None Available
Us Bank Na $1,020,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalimullah Faiyaaz Ahmad $950,000
Previous Owner Wilson Melani W $417,000
Previous Owner Dermenjian David H $100,000
Previous Owner Dermenjian David H $800,000
Previous Owner Us Bank Na $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $1,100,000 -12.0% $534 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $1,250,000 +14.2% $607 / Sq Ft
12/16/2014 12/16/14 Sold $1,095,000 -4.7% $532 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $1,149,000 -- $558 / 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 $18,629 $87,400 $8,498 $78,902
2023 $21,488 $91,609 $6,842 $84,767
2022 $21,488 $107,894 $6,842 $101,052
2021 $21,353 $109,517 $6,842 $102,675
2020 $24,337 $109,247 $4,789 $104,458
2019 $23,818 $118,551 $4,789 $113,762
2018 $25,457 $128,875 $4,789 $124,086
2017 $22,226 $103,246 $3,831 $99,415
2016 $20,679 $103,246 $3,831 $99,415
2015 $19,915 $108,680 $3,831 $104,849
2014 $16,253 $87,599 $3,079 $84,520
2013 $1,816 $9,983 $3,079 $6,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10644840

Midwest Real Estate Data (MRED)

APN: 17-04-218-051-1014