NOT LISTED FOR SALE

1408 E 56th St Unit 3 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $287,000 - $329,000

2 Beds
1 Bath
1,400 Sq Ft
$519/mo HOA Fee

Last Sold July 15, 2020

Last sale price $238,000 $170 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,648/month

172 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Porch
  • Kenwood Academy High School Rated A-
  • Balcony
  • 4-minute walk to Bixler Park

About This Home

As of July 2020

Welcome home to this large, 1400sf top floor two bedroom with a separate 16x10 dining room that can be used as a 3rd bedroom. Impeccably located near everything - the University of Chicago campus, lakefront, public transportation, shopping and restaurants, all while residing in tranquility of the quiet, tree lined street. Sip your coffee on the rear deck overlooking the lush greenery of the shared backyard. Enjoy large windows that bathe the unit in warm sunlight. Hardwood floors throughout, assigned storage, coin laundry, and bike room in the basement. Laundry hook-up in the unit. Assessments cover heat, water and gas.

Last Agent to Sell the Property

Anne Loncar

Coldwell Banker Realty License #475136667 Listed on: 12/12/2019

Coldwell Banker Realty

Co-Listed By

Sarah Strasser

Coldwell Banker Realty License #475177571

Last Buyer's Agent

Anthony Rouches

@properties Christie's International Real Estate

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,355

Year Built

  • 1899

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $519 per month

Parking

  • Shared Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Walk-In Closet
  • Entrance Foyer
  • Dining Area
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Home Security

Outdoor Features

  • Balcony
  • Porch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,355

Year Built

1899

Lot Details

0

HOA Fees

$519 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1899
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories), Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1899

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Intercom
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Galley
  • Additional Rooms: Balcony, Eating Area, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 7X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 10X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Walk in Closet, Dimensions: 7X5, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Balcony, Dimensions: 10X6, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1400
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Porch, Storms/Screens, End Unit
  • Exposure: N (North), S (South), E (East)

Garage/Parking

  • Driveway: Concrete, Shared

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Max Pet Weight: ANY
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Security Door Locks
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 519
  • Management Contact Name: Monica Fritz
  • Management Phone: 815-469-3800

Fee Information

  • Management Company: ALPS Group

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20142030441012

Multi Family

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

Tax Info

  • Taxes: 3620.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jul 9, 2020
Sold by
Bhanot Gyan and Bhanot Rashmi
Bought by
Merchant Nicholas Demetrios and Merchant Jason R
Seller's Agent
Anne Loncar
Coldwell Banker Realty
Buyer's Agent
Anthony Rouches
@properties Christie's International Real Estate
List Price
$244,000
Sold Price
$238,000
Premium/Discount to List
-$6,000
-2.46%
Current Estimated Value
$311,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,223
Avg. Annual Appreciation
5.36%
Original Mortgage
$190,400
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 31, 2014
Sold by
Petri William and Petri Arlene
Bought by
Bhanot Gyan and Bhanot Rashmi
Seller's Agent
Linda Ross
Baird & Warner
Buyer's Agent
Lina Shah
Coldwell Banker Realty
List Price
$210,000
Sold Price
$201,000
Premium/Discount to List
-$9,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%

Purchase Details

Closed on
Jul 27, 2010
Sold by
Pfrano Pamela B
Bought by
Petri William and Petri Arlene
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
Merchant Nicholas Demetrios $238,000 First American Title Ins Co
Bhanot Gyan $201,000 Stewart Title
Petri William $206,500 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merchant Nicholas Demetrios $190,400
Previous Owner Pfrang Pamela B $44,000
Previous Owner Pfrang Pamela B $63,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $238,000 +1.7% $170 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $234,000 -2.1% $167 / Sq Ft
04/07/2020 04/07/20 Price Changed $239,000 -2.0% $171 / Sq Ft
12/12/2019 12/12/19 For Sale $244,000 +21.4% $174 / Sq Ft
06/03/2014 06/03/14 Sold $201,000 -4.3% $144 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $210,000 -- $150 / 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 $5,355 $27,320 $5,295 $22,025
2023 $5,202 $25,293 $4,270 $21,023
2022 $5,202 $25,293 $4,270 $21,023
2021 $5,086 $25,291 $4,269 $21,022
2020 $3,760 $19,983 $3,415 $16,568
2019 $3,683 $21,762 $3,415 $18,347
2018 $3,620 $21,762 $3,415 $18,347
2017 $3,516 $19,710 $2,818 $16,892
2016 $3,448 $19,710 $2,818 $16,892
2015 $3,612 $19,710 $2,818 $16,892
2014 $2,387 $15,434 $2,305 $13,129
2013 $2,329 $15,434 $2,305 $13,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10591345

Midwest Real Estate Data (MRED)

APN: 20-14-203-044-1012