NOT LISTED FOR SALE

1429 N Wells St Unit 503 Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $637,000 - $742,000

2 Beds
2 Baths
1,350 Sq Ft
$614/mo HOA Fee

Last Sold April 08, 2024

Last sale price $665,000 $493 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,362/month

3 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Balcony
  • Lincoln Park High School Rated A
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

As of April 2024

Welcome to the epitome of luxury living in the heart of Old Town! This stunning & spacious 2bed/2bath is a rare find in this boutique elevator building which boasts unobstructed southern light/exposure from every room. The extra-wide & open layout begins with an elegant foyer complete w/ a wall of closets & storage. The large & inviting living room includes hardwood floors, a wall of windows with direct balcony access, and a gas fireplace with newly updated tile surround. Dedicated dining space leads you to the well-appointed kitchen w/ abundant cabinet storage, all stainless steel appliances, handsome wood cabinets, quartz countertops & chic subway tile backsplash. Prepare to be pampered in the primary suite by the recently renovated en-suite bath w/ large walk-in shower, separate soaking tub, dual vanities & all custom lighting & tile. Sizable second bedroom w/ ample closet space & room for both a queen size bed AND desk space. In-unit W/D, storage unit, & heated garage parking included. Unbeatable Old Town location - easy walk to the lake, shopping, restaurants, zoo, theaters & train. Don't miss!

Last Agent to Sell the Property

Theo Jordan

Compass License #475124328 Listed on: 02/01/2024

Compass

Co-Listed By

Katie Cassman

Compass License #475170218

Last Buyer's Agent

Steve Dombar

Redfin Corporation License #475186487

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,733

Year Built

  • Built in 1999

Lot Details

  • 0.3

HOA Fees

  • $614 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, scavenger, snow removal
  • 30 Units
  • Jenn Mcfarlane Association
  • Property managed by FirstService Residential
  • 7-Story Property

Amenities

  • Elevator
  • Package Room

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,733

Year Built

Built in 1999

Lot Details

0

HOA Fees

$614 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1999
  • Age: 21-25 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: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1350
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,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
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 675000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 614
  • Association Amenities: Elevator(s), Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Jenn Mcfarlane
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17042050681046
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 11733.44
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 25, 2024
Sold by
Desmond Colleen M and Kapnick John
Bought by
Denenberg Nerissa Clare
Seller's Agent
Theo Jordan
Compass
Buyer's Agent
Steve Dombar
Redfin Corporation
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%
Views
21
Current Estimated Value
$692,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,516
Avg. Annual Appreciation
0.95%
Original Mortgage
$498,750
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 21, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Desmond Colleen M
Seller's Agent
Pamela Sage
Baird & Warner
Buyer's Agent
Theo Jordan
Compass
List Price
$659,000
Sold Price
$635,000
Premium/Discount to List
-$24,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$476,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2011
Sold by
Cyr Chavin Chase and Cyr Chavin Stefanie
Bought by
North Star Trust Company and Trust #11-12340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,600
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2009
Sold by
Chavin Chase and Cyr Stefanie
Bought by
Cyr Chavin Chase and Cyr Chavin Stefanie

Purchase Details

Closed on
Apr 17, 2008
Sold by
Lang Michael O and Lang Debbra A
Bought by
Chavin Chase and Cyr Stefanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 2002
Sold by
Beugen Sheldon and Beugen Joan
Bought by
Lang Michael O and Lang Debbra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.75%

Purchase Details

Closed on
Jul 31, 2001
Sold by
1429 North Wells Llc
Bought by
Beugen Sheldon and Beugen Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,050
Interest Rate
7.62%
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
Denenberg Nerissa Clare $665,000 Chicago Title
Desmond Colleen M $635,000 Chicago Title Land Trust Com
North Star Trust Company $551,000 Multiple
Cyr Chavin Chase -- None Available
Chavin Chase $565,000 Cti
Lang Michael O $480,000 --
Beugen Sheldon $454,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denenberg Nerissa C $498,000
Closed Denenberg Nerissa Clare $498,750
Previous Owner Desmond Colleen M $444,000
Previous Owner Desmond Colleen M $458,750
Previous Owner Desmond Colleen M $476,250
Previous Owner North Star Trust Company $440,600
Previous Owner Chavin Chase $404,000
Previous Owner Chavin Chase $412,000
Previous Owner Chavin Chase $35,000
Previous Owner Chavin Chase $417,000
Previous Owner Lang Michael O $350,000
Previous Owner Lang Michael O $480,000
Previous Owner Beugen Sheldon $318,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $665,000 -1.5% $493 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $675,000 +6.3% $500 / Sq Ft
06/21/2018 06/21/18 Sold $635,000 -3.6% $470 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $659,000 -- $488 / 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 $11,480 $63,740 $11,991 $51,749
2023 $11,160 $56,370 $9,764 $46,606
2022 $11,160 $56,370 $9,764 $46,606
2021 $10,959 $56,370 $9,764 $46,606
2020 $10,980 $50,810 $6,758 $44,052
2019 $10,749 $55,149 $6,758 $48,391
2018 $11,276 $55,149 $6,758 $48,391
2017 $10,630 $47,578 $5,406 $42,172
2016 $9,892 $47,578 $5,406 $42,172
2015 $9,065 $47,578 $5,406 $42,172
2014 $8,459 $43,798 $4,344 $39,454
2013 $8,303 $43,798 $4,344 $39,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11971912

Midwest Real Estate Data (MRED)

APN: 17-04-205-068-1018