NOT LISTED FOR SALE

1515 N Wells St Unit 6E Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $1,205,000 - $1,801,000

5 Beds
4 Baths
3,600 Sq Ft
$420/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $1,690,000 $469 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $11,817/month

137 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Steam Shower
  • Lincoln Park High School Rated A
  • Whirlpool Bathtub
  • Home Office

About This Home

As of June 2013

This Old Town, south facing, city view stunner combines size, style & stellar location. Walk to Lake, Park, shops, restaurants. Chef's appliances, 2 ovens, gas range, wine cooler, espresso, pantry. 5 BR, custom closets, 3 balconies, staff quarters, guest suite/office with separate entrance, bath. Crestron system. 3 heated parking sp. Tre Piu doors, Bisazza & Sicis Tile, Marvin Triple Pane Windows, Custom drapery rods

Last Agent to Sell the Property

Chuck Heaver

Berkshire Hathaway HomeServices Chicago License #475140289 Listed on: 11/29/2012

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Carrie Georgitsis

Redfin Corporation License #471018946

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $29,064

Year Built

  • 1999

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $1,151 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Elevator
  • Gas Log Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Location

  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$29,064

Year Built

1999

Lot Details

0

HOA Fees

$1,151 per month

Parking

3

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train, Interstate Access, Historical District
  • Type Attached: Condo
  • Unit Floor Level: 6
  • Special Features: None
  • Stories: 7
  • Year Built: 1999

Interior Features

  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplaces: 1
  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 9
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Bedrooms All Levels: 5
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X18
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X14
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X14
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 11X14
  • Fourth Bedroom Flooring: Hardwood
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 18X23
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 18X23
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 22X15
  • Kitchen Flooring: Travertine
  • Laundry Level: Main Level
  • Laundry Size: 4X8
  • Laundry Flooring: Travertine
  • Additional Rooms: 5th Bedroom, Office, Pantry
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 15X10
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 2 Name: Office
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 12X16
  • Additional Room 2 Flooring: Hardwood
  • Additional Room 3 Name: Pantry
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 13X8
  • Additional Room 3 Flooring: Travertine

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: S (South), E (East)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: 200+ Amp Service
  • Water: 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
  • Assessment/Association Fees: 1151
  • Assessment Includes: Common Insurance, Security System, Exterior Maintenance, Scavenger, Snow Removal

Fee Information

  • Management Company: Delaware Realty

Schools

  • Elementary School: MANIERRE ELEMENTARY SCHOOL
  • Middle School: MANIERRE ELEMENTARY SCHOOL
  • High School: LINCOLN PARK HIGH SCHOOL
  • Junior High Dist: 299

Multi Family

  • Total Number Unitsin Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2012
Closed on
May 31, 2013
Sold by
Sacchetti Joseph and Sacchetti Natalie
Bought by
Patel Urjeet and Patel Aloka L
Seller's Agent
Chuck Heaver
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Carrie Georgitsis
Redfin Corporation
List Price
$1,995,000
Sold Price
$1,690,000
Premium/Discount to List
-$305,000
-15.29%
Current Estimated Value
$1,512,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,111
Avg. Annual Appreciation
-1.27%
Original Mortgage
$1,352,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2003
Sold by
Gumash Llc
Bought by
Sacchetti Joseph and Sacchetti Natalie

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
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2001
Sold by
1515 N Wells Lp
Bought by
Saccheti Jsoeph F and Sacchetti Natalie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.37%
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
Patel Urjeet $1,690,000 Chicago Title Insurance Comp
Sacchetti Joseph $420,000 Ctic
Saccheti Jsoeph F $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Urjeet $1,352,000
Previous Owner Saccheti Joseph F $795,000
Previous Owner Saccheti Joseph F $630,000
Previous Owner Sacchetti Joseph F $434,000
Previous Owner Saccheti Joseph $220,000
Previous Owner Sacchetti Joseph $322,700
Previous Owner Gurnach Llc $750,000
Previous Owner Saccheti Jsoeph F $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $1,690,000 -8.6% $469 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
03/19/2013 03/19/13 Price Changed $1,850,000 -7.3% $514 / Sq Ft
11/29/2012 11/29/12 For Sale $1,995,000 -- $554 / 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 $29,064 $118,996 $30,075 $88,921
2023 $28,287 $137,630 $24,228 $113,402
2022 $28,287 $137,630 $24,228 $113,402
2021 $27,748 $137,629 $24,228 $113,401
2020 $26,710 $119,158 $16,950 $102,208
2019 $26,165 $129,329 $16,950 $112,379
2018 $25,740 $129,329 $16,950 $112,379
2017 $20,349 $94,458 $13,560 $80,898
2016 $19,120 $94,458 $13,560 $80,898
2015 $17,497 $94,458 $13,560 $80,898
2014 $17,741 $94,423 $10,896 $83,527
2013 $17,401 $94,423 $10,896 $83,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08227361

Midwest Real Estate Data (MRED)

APN: 17-04-204-057-1084