NOT LISTED FOR SALE

1516 S Wabash Ave Unit 408 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $246,578 - $382,000

1 Bed
1 Bath
800 Sq Ft
$414/Sq Ft Est. Value

Last Sold February 07, 2013

Last sale price $111,001 $139 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $2,439/month

203 Days on Market

Highlights

  • Central Air
  • Combination Dining and Living Room
  • 1-minute walk to Coliseum Park
  • South Loop Elementary School Rated 9+

About This Home

As of February 2013

1 BED IN LANDMARK LOFTS. ALSO HAS IN-UNIT W/D & GAS BURNING FIREPLACE! FORECLSOURE. SOLD "AS-IS" SELLER DOES NOT PROVIDE SURVEY, TAXES PRORATED AT 100%. Also Buyer's Closing Cost Credit negotiable for up to 3% (On Owner-Occupied/Financed Deals Only). MULTIPLE OFFER SITUATION DUE BY 12/26 AT 3PM!

Last Agent to Sell the Property

Robert Padron

Re/Max Cityview License #471012333 Listed on: 06/27/2012

Re/Max Cityview

Last Buyer's Agent

Elizabeth Amidon

Jameson Sotheby's Intl Realty License #475132893

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,406

Year Built

  • 1998

Lot Details

  • 0.39

HOA Fees

  • $280 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$4,406

Year Built

1998

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Unit Floor Number: 4
  • Special Features: 20
  • Stories: 10
  • Year Built: 1998

Interior Features

  • Total # Of Rooms: 4
  • Fireplace Type/Details: Gas Logs, Gas Starter
  • Fireplaces: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X10
  • Master Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 18X16
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Kitchen Level: Main Level
  • Kitchen Size: 16X8
  • Kitchen Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 76
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Exercise Room, Storage, Security Door Locks, Service Elevator
  • Assessment/Association Fees: 280

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2012
Closed on
Feb 5, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcgarry Patrick
Seller's Agent
Robert Padron
Re/Max Cityview
Buyer's Agent
Elizabeth Amidon
Jameson Sotheby's Intl Realty
List Price
$118,900
Sold Price
$111,001
Premium/Discount to List
-$7,899
-6.64%
Current Estimated Value
$331,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,394
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Apr 30, 2012
Sold by
Gullifer Autumn
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 21, 2005
Sold by
Otoole Megan M and Biederman Megan
Bought by
Gullifer Autumn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,920
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
Sold by
Pantoja Estela
Bought by
Otoole Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1996
Sold by
1708 South State Street Building Corp
Bought by
Rehab Associates Iv Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
7.94%
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
Mcgarry Patrick $111,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Gullifer Autumn $205,000 Pt
Otoole Megan M $165,000 Cti
Rehab Associates Iv Inc $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gullifer Autumn $21,000
Previous Owner Gullifer Autumn $184,000
Previous Owner Gullifer Autumn $163,920
Previous Owner Gullifer Autumn $40,980
Previous Owner Otoole Megan M $132,000
Previous Owner Pantoja Estela $136,000
Previous Owner Pantoja Estela $109,000
Previous Owner Rehab Associates Iv Inc $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2013 02/07/13 Sold $111,001 -6.6% $139 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $118,900 0.0% $149 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
11/28/2012 11/28/12 Price Changed $118,900 -4.8% $149 / Sq Ft
10/31/2012 10/31/12 For Sale $124,900 0.0% $156 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
09/26/2012 09/26/12 Price Changed $124,900 -10.1% $156 / Sq Ft
08/31/2012 08/31/12 Price Changed $138,900 -1.8% $174 / Sq Ft
07/30/2012 07/30/12 Price Changed $141,500 -5.6% $177 / Sq Ft
07/12/2012 07/12/12 For Sale $149,900 0.0% $187 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $149,900 -- $187 / 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 $4,406 $20,349 $2,561 $17,788
2023 $4,294 $20,816 $2,061 $18,755
2022 $4,294 $20,816 $2,061 $18,755
2021 $4,198 $20,814 $2,060 $18,754
2020 $3,809 $17,098 $1,692 $15,406
2019 $3,740 $18,617 $1,692 $16,925
2018 $3,677 $18,617 $1,692 $16,925
2017 $3,338 $15,505 $1,398 $14,107
2016 $3,106 $15,505 $1,398 $14,107
2015 $2,841 $15,505 $1,398 $14,107
2014 $2,489 $13,415 $1,251 $12,164
2013 $1,962 $13,415 $1,251 $12,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08101541

Midwest Real Estate Data (MRED)

APN: 17-22-106-074-1045