$282,500
SOLD DEC 9, 2021

1314 S Federal St Unit A Chicago, IL 60605

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

Recently Sold

$182 Per Sq Ft

2% Above List Price

12 Days on Market

About This Home

As of August 2023

Estate Sale: Sold "As Is"! Great opportunity in a highly sought after S. Loop neighborhood in fabulous Dearborn Park II!! This corner unit offers 1 bedroom, 1.1 bath plus den with hardwood flooring on 2nd level, fireplace with gas starter, lots of windows with great sunlight and deck for you outdoor entertainment or just relaxation. A one car attached garage completes this home. Wonderfully located near schools, parks, shopping, restaurants, lake, museums, Grant Park, "EL", minutes to downtown, public transportation and all major expressways.

Last Agent to Sell the Property

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 10/21/2021

RE/MAX  Premier

Last Buyer's Agent

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 10/21/2021

RE/MAX  Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,666

Year Built

  • 1995

HOA Fees

  • $275 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Community Details

Overview

  • 112 Units
  • 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

$8,666

Year Built

1995

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: 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): No
  • Unit Floor Level: 1
  • Directions: State to 14th, W to Federal, N to 1314
  • Lot Size: 0.018
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Dearborn Park II
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1239
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: Den, Terrace
  • Stories: 3

Exterior Features

  • Exterior Features: Deck
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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, Other

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: 112

Tax Info

  • Tax Annual Amount: 8702.9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jul 28, 2023
Sold by
Zanfonhouede Darius F
Bought by
Bell Justin and Lust Hannah
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Hayley Westhoff
Compass
List Price
$500,000
Sold Price
$478,500
Premium/Discount to List
-$21,500
-4.3%
Total Days on Market
12
Views
237
Current Estimated Value
$504,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,105
Avg. Annual Appreciation
2.95%
Original Mortgage
$478,500
Outstanding Balance
$470,407
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$34,198

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 16, 2021
Sold by
Apostol Louis G and Estate Of Robert Carlton Stewa
Bought by
Zanfonhouede Darius F
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Cynthia Bauer
RE/MAX Premier
List Price
$277,500
Sold Price
$282,500
Premium/Discount to List
$5,000
1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.63%

Purchase Details

Closed on
Apr 29, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Stewart Robert Carlton

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
7.88%
Source: Public Records

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Range of Values:

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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 $478,500 None Listed On Document
Administrators Deed $282,500 None Available
Trustee Deed $158,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $478,500 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $478,500 -1.3% $308 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $485,000 -2.0% $312 / Sq Ft
01/12/2023 01/12/23 Price Changed $495,000 -1.0% $319 / Sq Ft
09/28/2022 09/28/22 For Sale $500,000 +77.0% $322 / Sq Ft
12/09/2021 12/09/21 Sold $282,500 +1.8% $182 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $277,500 -- $179 / 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 $8,666 $44,000 $13,381 $30,619
2023 $8,666 $42,000 $10,766 $31,234
2022 $8,666 $42,000 $10,766 $31,234
2021 $8,471 $42,000 $10,766 $31,234
2020 $8,878 $39,851 $8,843 $31,008
2019 $8,703 $43,317 $8,843 $34,474
2018 $8,557 $43,317 $8,843 $34,474
2017 $7,765 $36,069 $7,305 $28,764
2016 $7,224 $36,069 $7,305 $28,764
2015 $6,609 $36,069 $7,305 $28,764
2014 $6,138 $33,082 $6,536 $26,546
2013 $6,017 $33,082 $6,536 $26,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11252293

Midwest Real Estate Data (MRED)

APN: 17-21-211-224-0000