NOT LISTED FOR SALE

1404 E 56th St Unit 1 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $235,000 - $291,000

2 Beds
1 Bath
950 Sq Ft
$365/mo HOA Fee

Last Sold January 09, 2016

Last sale price $183,250 $193 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,113/month

113 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Southern Exposure
  • Kenwood Academy High School Rated A-
  • Breakfast Bar
  • 4-minute walk to Bixler Park

About This Home

As of January 2016

University of Chicago and Lab School campus location, located in the Ray School district! Lovely south facing high first floor unit features HW floors and updated kitchen and bath. Well managed building with laundry and storage. Generous room sizes, move in ready! Easy to show, please text or call listing agent.

Last Agent to Sell the Property

Mary Lin

Berkshire Hathaway HomeServices Chicago License #475090693 Listed on: 09/18/2015

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Fran Mizzi

Berkshire Hathaway HomeServices Chicago License #475126264

Last Buyer's Agent

Zainab Sip

Z.A.S. Consulting, Inc. License #471020149

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,807

Year Built

  • 1901

Lot Details

  • 0.36

HOA Fees

  • $365 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • North or South Exposure
  • Porch
  • Southern Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,497 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,807

Year Built

1901

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1901
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1901

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X7, On Level: Main Level, Flooring: Other
  • Kitchen Type: Dimensions: 15X9, On Level: Main Level, Flooring: Other
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 950

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Porch
  • Exposure: N (North), S (South)

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 365
  • Management Contact Name: GEORGE KOTNOUK
  • Management Phone: 773-684-5407

Fee Information

  • Management Company: MARIAN REALTY

Schools

  • School District: 299
  • Elementary School: RAY ELEMENTARY SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20142030441004

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Tax Info

  • Taxes: 1944.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Feb 5, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Ghrarashor Narineh
Seller's Agent
Mary Lin
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Zainab Sip
Z.A.S. Consulting, Inc.
List Price
$195,000
Sold Price
$183,250
Premium/Discount to List
-$11,750
-6.03%
Current Estimated Value
$264,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,406
Avg. Annual Appreciation
3.87%
Original Mortgage
$174,087
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2012
Sold by
Marks David A
Bought by
Chicago Title Land Trust and Trust #8002359140
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ghrarashor Narineh $183,500 Chicago Title Land Trust Co
Chicago Title Land Trust $130,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gharashor Narineh $168,000
Closed Ghrarashor Narineh $174,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2016 01/09/16 Sold $183,250 -3.0% $193 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
11/12/2015 11/12/15 Price Changed $189,000 -3.1% $199 / Sq Ft
09/18/2015 09/18/15 For Sale $195,000 -- $205 / 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 $3,807 $23,004 $4,458 $18,546
2023 $3,677 $21,297 $3,595 $17,702
2022 $3,677 $21,297 $3,595 $17,702
2021 $3,613 $21,296 $3,595 $17,701
2020 $3,057 $16,826 $2,876 $13,950
2019 $2,993 $18,324 $2,876 $15,448
2018 $2,941 $18,324 $2,876 $15,448
2017 $3,572 $16,595 $2,372 $14,223
2016 $2,824 $16,595 $2,372 $14,223
2015 $2,560 $16,595 $2,372 $14,223
2014 $1,935 $12,996 $1,941 $11,055
2013 $1,885 $12,996 $1,941 $11,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09042140

Midwest Real Estate Data (MRED)

APN: 20-14-203-044-1004