$717,500
SOLD MAY 31, 2024

1708 N Wells St Unit 3 Chicago, IL 60614

Old Town Neighborhood
3 Beds
2 Baths
1,520 Sq Ft
$529/mo HOA Fee

Recently Sold

$472 Per Sq Ft

1% Below List Price

1 Day on Market

Highlights

  • Penthouse
  • Deck
  • Wood Flooring
  • Abraham Lincoln Elementary School Rated A-
  • Living Room with Fireplace
  • End Unit

About This Home

As of May 2024

Sold Before Print. Completely updated top floor Old Town three-bedroom with historic charm! Designed by Summer Thornton, this home offers high-end, custom finishes throughout! Wonderful morning sun from the east-facing open kitchen, living, and dining room with tree-top views. Luxury kitchen featuring BlueStar Range and Liebherr paneled fridge, paneled Bosch dishwasher, Carrara marble countertops, and Restoration Hardware fixtures. A decorative fireplace and built-in bar/cabinetry with a beverage center complete this beautiful room! Spacious primary bedroom with a large walk-in closet and a Carrera marble master bath with double vanity and an oversized shower. Generous second bedroom with walk-in closet. Newly updated guest bathroom. The third bedroom is currently being used as a study/office. It has stunning built-ins surrounding the gas fireplace, and opens to a large private deck space with ample room for seating and a grill. All professionally organized closets and built-ins create incredible interior storage and an additional deeded storage room. New window treatments throughout. Multiple parking options nearby. Historic Old Town location on Wells, steps from Lincoln Park and the Green City Farmer's Market, North Avenue Beach, and Wells Street boutiques, bars, and restaurants.

Last Agent to Sell the Property

Lindsay Everest

Jameson Sotheby's Intl Realty License #475145468 Listed on: 04/30/2024

Jameson Sotheby's Intl Realty

Co-Listed By

Rachel Rand Martell

Jameson Sotheby's Intl Realty License #475186628

Last Buyer's Agent

Lindsay Everest

Jameson Sotheby's Intl Realty License #475145468 Listed on: 04/30/2024

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,101

Year Built

  • Built in 1886 | Remodeled in 2007

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $529 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1,520 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 90 Units
  • Jeff Steinback Association, Phone Number (312) 475-9400
  • Property managed by Advantage Management

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,101

Year Built

Built in 1886 | Remodeled in 2007

Lot Details

0

HOA Fees

$529 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 1886
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Decorative
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1520
  • Other Equipment: Humidifier, Intercom, Ceiling Fan(s)
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, End Unit
  • List Price: 725000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 529
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage Management
  • Management Contact Name: Jeff Steinback
  • Management Phone: 312-475-9400X1007
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 14334190081118
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: NO

Tax Info

  • Tax Annual Amount: 11101
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 24, 2024
Sold by
Meyer Jon and Meyer Jessica
Bought by
Collett Caroline
Seller's Agent
Lindsay Everest
Jameson Sotheby's Intl Realty
Buyer's Agent
Lindsay Everest
Jameson Sotheby's Intl Realty
List Price
$725,000
Sold Price
$717,500
Premium/Discount to List
-$7,500
-1.03%
Current Estimated Value
$1,085,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,572
Avg. Annual Appreciation
47.60%
Original Mortgage
$430,500
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 31, 2020
Sold by
Ott Karen S and Ott Daniel P
Bought by
Meyer Jessica and Meyer Jon
Seller's Agent
Lindsay Everest
Jameson Sotheby's Intl Realty
Buyer's Agent
Lindsay Everest
Jameson Sotheby's Intl Realty
List Price
$639,000
Sold Price
$640,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$510,400
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 23, 2016
Sold by
Lynn Molly Elise
Bought by
Ott Daniel P and Ott Karen S
Seller's Agent
Phyllis Hall
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Phyllis Hall
Berkshire Hathaway HomeServices Chicago
List Price
$615,000
Sold Price
$615,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$418,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2013
Closed on
Mar 1, 2013
Sold by
Cherupally Arvind and Katta Anusha
Bought by
Lynn Molly Elise
Seller's Agent
Mira Kovacevic
Coldwell Banker Realty
Buyer's Agent
Denise Wilbur
Jameson Sotheby's Intl Realty
List Price
$539,000
Sold Price
$511,000
Premium/Discount to List
-$28,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$383,250
Interest Rate
3.48%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $717,500 Chicago Title Company
Warranty Deed $640,000 Chicago Title
Warranty Deed $615,000 Chicago Title
Warranty Deed $511,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Closed $430,500 New Conventional
Previous Owner $510,400 New Conventional
Previous Owner $418,000 New Conventional
Previous Owner $383,250 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $717,500 -1.0% $472 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $725,000 +13.3% $477 / Sq Ft
08/31/2020 08/31/20 Sold $640,000 +0.2% $421 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $639,000 +3.9% $420 / Sq Ft
06/23/2016 06/23/16 Sold $615,000 0.0% $405 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $615,000 +20.4% $405 / Sq Ft
03/08/2013 03/08/13 Sold $511,000 -5.2% $339 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/26/2013 01/26/13 For Sale $539,000 -- $358 / 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 $200 $733 $118 $615
2023 $195 $948 $96 $852
2022 $195 $948 $96 $852
2021 $190 $946 $95 $851
2020 $136 $611 $84 $527
2019 $133 $663 $84 $579
2018 $131 $663 $84 $579
2017 $131 $610 $68 $542
2016 $122 $610 $68 $542
2015 $112 $610 $68 $542
2014 $107 $577 $51 $526
2013 $105 $577 $51 $526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12076046

Midwest Real Estate Data (MRED)

APN: 14-33-419-008-1118