$480,000
SOLD JUL 1, 2021

1312 S Federal St Unit A Chicago, IL 60605

Dearborn Park Neighborhood
2 Beds
1.5 Baths
1,554 Sq Ft
$275/mo HOA Fee

Recently Sold

$309 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • South Loop Elementary School Rated 9+
  • End Unit
  • 2-minute walk to Mary Richardson Jones Park

About This Home

As of July 2021

BRIGHT AND AIRY CORNER TOWNHOME NESTLED ON A QUIET STREET IN DESIRABLE DEARBORN PARK II. THIS SPACIOUS TRUE 2 BED 1.1 BATH PLUS FAMILY ROOM OFFERS NEW CARPETING, REFINISHED HARDWOOD FLOORING, FRESHLY PAINTED, MOST OF THE WINDOWS ARE NEW, ALL NEW STAINLESS APPLIANCES, NEW LED CAN CEILING LIGHTS, NEW BATHROOM VANITY. OVERSIZED BREAKFAST BAR, FIREPLACE, & DECK OFF LIVING ROOM GREAT FOR GRILLING OR JUST RELAXING. 3RD LEVEL HAS 2 SPACIOUS BEDROOMS, SOAKER TUB, IN UNIT WASHER/DRYER. GREAT LOCATION & A ONE CAR ATTACHED GARAGE COMPLETE THIS WONDERFUL HOME. NEAR SCHOOLS, PARKS, RESTAURANTS, SHOPPING, LAKE, MUSEUMS, SOLDIER FIELD, DOWNTOWN, EL, PUBLIC TRANSPORTATION, EASY ACCESS TO ALL MAJOR EXPRESSWAYS.

Last Agent to Sell the Property

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 05/18/2021

RE/MAX  Premier

Last Buyer's Agent

Mary Lusk

@properties Christie's International Real Estate License #475163406

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,045

Year Built

  • Built in 1995 | Remodeled in 2021

HOA Fees

  • $275 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,554 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • End Unit

Community Details

Overview

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

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,045

Year Built

Built in 1995 | Remodeled in 2021

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: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • 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, Some Carpeting
  • LivingArea: 1554
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1276
  • 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

  • ExteriorFeatures: Deck, End Unit
  • List Price: 495000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • 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 Amenities: Park
  • Association Fee Frequency: Monthly
  • 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, Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 856
  • 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: 9045.05
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 28, 2021
Sold by
Marti Matsuo and Stinson Marti Angela
Bought by
Liu Hong Hellen
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Mary Lusk
@properties Christie's International Real Estate
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Current Estimated Value
$561,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,747
Avg. Annual Appreciation
3.12%
Original Mortgage
$384,000
Outstanding Balance
$348,965
Interest Rate
2.86%
Mortgage Type
New Conventional
Estimated Equity
$197,278

Purchase Details

Closed on
Aug 30, 2005
Sold by
Agarwal Gyan C and Agarwal Sadhna
Bought by
Marti Matsuo M and Stinson Marti Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 10, 2003
Sold by
Agarwal Gyan C and Agarwal Sadhna
Bought by
Agarwal Gyan C and Agarwal Sadhna

Purchase Details

Closed on
Mar 19, 2003
Sold by
Agarwal Gyan C and Agarwal Sadhna
Bought by
Agarwal Gyan C and Agarwal Sadhna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,700
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2001
Sold by
Agarwal Gyan C and Agarwal Sadhna
Bought by
Agarwal Gyan C and Agarwal Sadhna

Purchase Details

Closed on
Sep 27, 2000
Sold by
Kowalski Phillip P
Bought by
Agarwal Gyan C and Agarwal Sadhna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.99%

Purchase Details

Closed on
May 4, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Kowalski Phillip P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,350
Interest Rate
8.34%
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 Type Sale Price Title Company
Warranty Deed $480,000 Highland Lakes Title
Deed $394,000 Multiple
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Warranty Deed $288,000 Chicago Title Insurance Co
Trustee Deed $157,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,000 Credit Line Revolving
Open $384,000 New Conventional
Previous Owner $276,500 New Conventional
Previous Owner $315,200 Fannie Mae Freddie Mac
Previous Owner $161,700 Unknown
Previous Owner $173,000 No Value Available
Previous Owner $150,000 Unknown
Previous Owner $141,350 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Rented $3,250 +1.6% --
06/11/2024 06/11/24 Off Market $3,200 -- --
06/03/2024 06/03/24 For Rent $3,200 0.0% --
07/01/2021 07/01/21 Sold $480,000 -3.0% $309 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $495,000 -- $319 / 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 $8,891 $44,999 $14,894 $30,105
2023 $8,666 $42,000 $11,984 $30,016
2022 $8,666 $42,000 $11,984 $30,016
2021 $8,471 $42,000 $11,984 $30,016
2020 $9,227 $41,418 $9,844 $31,574
2019 $9,045 $45,020 $9,844 $35,176
2018 $8,893 $45,020 $9,844 $35,176
2017 $8,365 $38,860 $8,132 $30,728
2016 $7,783 $38,860 $8,132 $30,728
2015 $7,121 $38,860 $8,132 $30,728
2014 $6,649 $35,838 $7,276 $28,562
2013 $6,518 $35,838 $7,276 $28,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11091618

Midwest Real Estate Data (MRED)

APN: 17-21-211-225-0000