Seller's Agent in 2019
Sholeh Saedi
@ Properties
(630) 561-4800
17 Total Sales
Michaels Terrace 1309 N Wells St Unit 701 Chicago, IL 60610
Old Town NeighborhoodEstimated Value: $430,000 - $518,000
2
Beds
2
Baths
--
Sq Ft
$497/mo
HOA Fee
Highlights
- Wood Flooring
- 5-minute walk to Clark/Division Station
- Balcony
- Lincoln Park High School Rated A
- End Unit
- Attached Garage
About This Home
As of May 2019Beautiful sunny 2 bedroom/2 bath corner unit in the heart of Old town. Minutes away from Red Line and Brown Line, steps from Plum Market, restaurants, shopping, and easy walk to the lake and Lincoln Park. The unit offers unobstructed western views (you can see panoramic 4th of July fireworks, Chicago Marathon and Wells Street Arts Festival from the comfort of your private balcony), with open floor plan, high-end stainless steel appliances, granite countertops, cherry kitchen cabinets, Eat-in kitchen breakfast bar, In-unit Bosch washer and dryer, spacious closets and plenty of storage (master bedroom has large walk-in closet), fireplace, assigned parking. Freshly painted and brand-new Bamboo floors in living rooms and bedrooms. The building is well managed and has healthy reserves, offers 24/7 doorman, roof top deck with panoramic views, receiving room, party room, bike room with alley access and additional storage locker.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475163529 Listed on: 03/19/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,289
Year Built
- 1989
Lot Details
- End Unit
- East or West Exposure
HOA Fees
- $497 per month
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Steel Siding
Interior Spaces
- Fireplace With Gas Starter
- Storage
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Heating System Uses Gas
- Water Purifier
Additional Features
- North or South Exposure
- Balcony
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Pet Policy
- Pets Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2019
Closed on
Apr 23, 2019
Sold by
Saeedvafa Maryam
Bought by
Keyur Lemmerman Megan and Keyur Sadhani
Seller's Agent
Sholeh Saedi
@properties Christie's International Real Estate
Buyer's Agent
Amy Duong Kim
Compass
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
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
$70,471
Avg. Annual Appreciation
2.57%
Original Mortgage
$300,000
Outstanding Balance
$261,574
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$208,897
Purchase Details
Closed on
Jul 21, 2009
Sold by
Ohara Timothy D and Ohara Mirjana S
Bought by
Saeedvafa Maryam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
5.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 19, 1995
Sold by
Cosmopolitan Bank & Trust
Bought by
Ohara Timothy D and Ohara Mirjana O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.5%
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 |
|---|---|---|---|
| Keyur Lemmerman Megan | $400,000 | Proper Title Llc | |
| Saeedvafa Maryam | $333,000 | Cti | |
| Ohara Timothy D | $133,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keyur Lemmerman Megan | $300,000 | |
| Previous Owner | Saeedvafa Maryam | $249,750 | |
| Previous Owner | Ohara Timothy D | $119,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2019 05/16/19 | Sold | $400,000 | -4.8% | -- |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
| 03/19/2019 03/19/19 | Price Changed | $420,000 | -1.2% | -- |
| 03/19/2019 03/19/19 | For Sale | $425,000 | -- | -- |
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 | $7,289 | $37,871 | $4,381 | $33,490 |
| 2023 | $7,077 | $37,000 | $3,527 | $33,473 |
| 2022 | $7,077 | $37,000 | $3,527 | $33,473 |
| 2021 | $6,956 | $36,999 | $3,527 | $33,472 |
| 2020 | $6,705 | $32,234 | $2,469 | $29,765 |
| 2019 | $6,557 | $34,979 | $2,469 | $32,510 |
| 2018 | $6,449 | $34,979 | $2,469 | $32,510 |
| 2017 | $6,147 | $28,553 | $1,975 | $26,578 |
| 2016 | $5,719 | $28,553 | $1,975 | $26,578 |
| 2015 | $5,232 | $28,553 | $1,975 | $26,578 |
| 2014 | $4,831 | $26,037 | $1,587 | $24,450 |
| 2013 | $4,735 | $26,037 | $1,587 | $24,450 |
Source: Public Records
Agents Affiliated with this Home
-
Sholeh Saedi
-
Amy Duong Kim
Buyer's Agent in 2019
Amy Duong Kim
Compass
(773) 295-4387
5 in this area
344 Total Sales
About Michaels Terrace
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10313035
APN: 17-04-215-072-1018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 210 W Scott St Unit I
- 1352 N La Salle Dr
- 1255 N Sandburg Terrace Unit 1707E
- 1255 N Sandburg Terrace Unit 503E
- 1255 N Sandburg Terrace Unit 1706TK
- 1355 N Sandburg Terrace Unit 1707D
- 1355 N Sandburg Terrace Unit 408D
- 1333 N Sandburg Terrace
- 1400 N La Salle Dr Unit 3N
- 231 W Scott St Unit 2
- 1212 N Lasalle St Unit 2407
- 1212 N Lasalle St Unit 806
- 1212 N La Salle Dr Unit 347
- 1212 N La Salle Dr Unit 316
- 1212 N La Salle Dr Unit 344
- 1212 N La Salle Dr Unit 309
- 1212 N La Salle Dr Unit 313
- 1360 N Sandburg Terrace Unit 2909C
- 1360 N Sandburg Terrace Unit 1910C
- 1411 N Wells St Unit 3W
- 1309 N Wells St Unit 619
- 1309 N Wells St Unit 1407
- 1309 N Wells St Unit 1304
- 1309 N Wells St Unit 1303
- 1309 N Wells St Unit 1302
- 1309 N Wells St Unit 1301
- 1309 N Wells St Unit 1205
- 1309 N Wells St Unit 1101
- 1309 N Wells St Unit 1001
- 1309 N Wells St Unit 803
- 1309 N Wells St Unit 702
- 1309 N Wells St Unit 508
- 1309 N Wells St Unit 501
- 1309 N Wells St Unit C
- 1309 N Wells St Unit 808
- 1309 N Wells St Unit 1106
- 1309 N Wells St Unit 1104
- 1309 N Wells St Unit 1305
- 1309 N Wells St Unit 1102
- 1309 N Wells St Unit 1406