NOT LISTED FOR SALE

1416 S Federal St Unit B Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $1,014,000 - $1,556,000

3 Beds
4 Baths
3,450 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 06, 2015

Last sale price $910,000 $264 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,882/month

Highlights

  • Rooftop Deck
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Wood Flooring
  • Walk-In Pantry
  • 2-minute walk to Cotton Tail Park

About This Home

As of August 2015

SOLD AT LIST!

Last Agent to Sell the Property

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 06/19/2015

RE/MAX  Premier

Last Buyer's Agent

Nadine Ferrata

Compass License #475139686

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,322

Year Built

  • 1994

Lot Details

  • Southern Exposure
  • Fenced Yard

HOA Fees

  • $185 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Stucco Exterior Insulation and Finish Systems

Interior Spaces

  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Brick Porch or Patio

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,322

Year Built

1994

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 1994
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Built: 1994

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Full Bath, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X19, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Security System, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 12X11, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: Shades
  • Kitchen Type: Island, Pantry-Closet
  • Master Bedroom: Dimensions: 16X15, On Level: 3rd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 1 Name: Other, Dimensions: 15X10, On Level: 4th Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X10, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 11X11, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters

Exterior Features

  • Exterior Building Type: Brick, EIFS (e.g. Dryvit).
  • Exterior Property Features: Balcony, Patio, Roof Deck, Brick Paver Patio, Storms/Screens
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 185
  • Management Contact Name: Kimberly Campbell
  • Management Phone: 312-379-0400X106

Fee Information

  • Management Company: Forth Group

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Fenced Yard
  • Parcel Identification Number: 17212110520000

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 4

Tax Info

  • Taxes: 12538.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 6, 2015
Sold by
Sun Lei and Mao Yuchan
Bought by
Cheung Jeff and Cheung Jennilee
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Nadine Ferrata
Compass
List Price
$925,000
Sold Price
$910,000
Premium/Discount to List
-$15,000
-1.62%
Current Estimated Value
$1,278,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,971
Avg. Annual Appreciation
2.86%
Original Mortgage
$728,000
Outstanding Balance
$578,777
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$628,505

Purchase Details

Closed on
Sep 7, 2011
Sold by
Tart Lee Michael W and Tart Lee Maureen E
Bought by
Mao Yuchun and Sun Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Lee Michael W and Tart Maureen E
Bought by
Tart Lee Michael W and Tart Lee Maureen E

Purchase Details

Closed on
Dec 8, 2005
Sold by
Dunbar William H and Dunbar Yvonne L
Bought by
Tart Maureen E and Lee Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2005
Sold by
Dunbar Yvonne L
Bought by
Dunbar William H and Dunbar Yvonne L

Purchase Details

Closed on
Apr 22, 2004
Sold by
Dunbar Yvonne L and Dunbar William H
Bought by
Dunbar Yvonne L and The Yvonne L Dunbar Revocable Trust

Purchase Details

Closed on
Oct 2, 2003
Sold by
Dunbar Yvonne L
Bought by
Dunbar William H and Dunbar Yvonne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.17%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Cheung Jeff $910,000 Attorneys Title Guaranty Fun
Mao Yuchun $725,000 First American Title
Tart Lee Michael W -- None Available
Tart Maureen E $750,000 Ticor Title Ins Co 2002
Dunbar William H -- --
Dunbar Yvonne L -- Cti
Dunbar William H -- Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Jeff $126,000
Open Cheung Jeff $728,000
Previous Owner Mao Yuchun $417,000
Previous Owner Mao Yuchun $417,000
Previous Owner Lee Maureen E Tart $576,000
Previous Owner Lee Michael W $602,000
Previous Owner Lee Michael W $74,599
Previous Owner Tart Maureen E $75,000
Previous Owner Tart Maureen E $600,000
Previous Owner Dunbar William H $322,700
Previous Owner Dunbar William H $100,000
Previous Owner Dunbar William H $150,000
Closed Dunbar William H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2015 08/06/15 Sold $910,000 -1.6% $264 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $925,000 -- $268 / 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 $20,322 $103,000 $40,264 $62,736
2023 $19,807 $96,000 $32,396 $63,604
2022 $19,807 $96,000 $32,396 $63,604
2021 $19,362 $96,000 $32,396 $63,604
2020 $18,319 $82,235 $26,611 $55,624
2019 $17,959 $89,386 $26,611 $62,775
2018 $17,657 $89,386 $26,611 $62,775
2017 $16,839 $78,225 $21,983 $56,242
2016 $15,668 $78,225 $21,983 $56,242
2015 $14,334 $78,225 $21,983 $56,242
2014 $12,791 $68,941 $19,669 $49,272
2013 $12,539 $68,941 $19,669 $49,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08960146

Midwest Real Estate Data (MRED)

APN: 17-21-211-052-0000