Seller's Agent in 2024
Ron Alvarez
Century 21 Universal
(773) 954-1696
2 in this area
41 Total Sales
3148 S Wells St Unit 2 Chicago, IL 60616
Armour Square NeighborhoodEstimated Value: $333,000 - $379,000
2
Beds
2
Baths
1,275
Sq Ft
3,136
Sq Ft Lot
Highlights
- Deck
- Walk-In Closet
- Bike Trail
- Balcony
- Central Air
- 4-minute walk to Armour (Philip) Square Park
About This Home
As of January 2024Ideally located in a prime block of Armour Square-Bridgeport area, this rarely available and upgraded unit features spacious indoor and outdoor living spaces. Enter the home to an ample living space with an eat-in kitchen with premium granite countertops and modern cabinets. Follow the dining and living areas surrounded by a wall of windows that open up to the private east facing balcony. The generously-sized primary bedroom offers a walk-in closet and en-suite bathroom. The second bedroom is spacious, fits a queen set comfortably and has a dedicated full bathroom. This unit comes with a spacious, covered private deck to enjoy outdoor dining and entertainment. Significant upgrades done in recent years. Washer and dryer in-unit for convenience. One parking space and storage included. Walking distance to James Ward Elementary School, public transportation, Chinatown, restaurants, grocery stores and more. Easy access to Downtown, IIT, lakefront, & I-90/94.
Last Agent to Sell the Property
Century 21 Universal License #471022404 Listed on: 12/07/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,672
Year Built
- Built in 2007
Lot Details
- 3,136
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,275 Sq Ft Home
- 3-Story Property
- Gas Log Fireplace
- Living Room with Fireplace
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- Balcony
- Deck
Schools
- James Ward Elementary School
- Phillips Academy High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 3 Units
- Self Manage Association
- Low-Rise Condominium
- Property managed by Self-Manage
Amenities
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Pets up to 100 lbs
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2023
Closed on
Jan 19, 2024
Sold by
Svalina Mark C and Svalina Janna R
Bought by
Liang Shaohua
Seller's Agent
Ron Alvarez
Century 21 Universal
Buyer's Agent
Zihao Zhang
Century 21 Realty Associates
List Price
$310,000
Sold Price
$292,000
Premium/Discount to List
-$18,000
-5.81%
Views
285
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,135
Avg. Annual Appreciation
10.95%
Purchase Details
Listed on
Apr 20, 2022
Closed on
May 4, 2022
Sold by
Simoneau Michael Dennis and Simoneau Amy Renee
Bought by
Svalina Mark C and Svalina Janna R
Seller's Agent
Gisela Attlan
Engel & Voelkers Chicago
Buyer's Agent
Ron Alvarez
Century 21 Universal
List Price
$330,000
Sold Price
$330,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.87%
Original Mortgage
$264,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2017
Sold by
Collins John P and Collins Paulette S
Bought by
Weber Amy and Simoneau Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 2008
Sold by
3148 South Wells Inc
Bought by
Collins John P and Collins Paulette S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.1%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liang Shaohua | $292,000 | None Listed On Document | |
| Svalina Mark C | $330,000 | Fidelity National Title | |
| Weber Amy | $288,000 | Attorney | |
| Collins John P | $280,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Svalina Mark C | $264,000 | |
| Previous Owner | Weber Amy | $228,000 | |
| Previous Owner | Collins John P | $199,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2024 01/29/24 | Sold | $292,000 | -5.8% | $229 / Sq Ft | |
| 01/12/2024 01/12/24 | Pending | -- | -- | -- | |
| 12/07/2023 12/07/23 | For Sale | $310,000 | -6.1% | $243 / Sq Ft | |
| 05/13/2022 05/13/22 | Sold | $330,000 | 0.0% | $259 / Sq Ft | View Prior Sale |
| 04/21/2022 04/21/22 | Pending | -- | -- | -- | |
| 04/20/2022 04/20/22 | For Sale | $330,000 | -- | $259 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,540 | $36,990 | $5,679 | $31,311 |
| 2023 | $5,672 | $31,000 | $4,585 | $26,415 |
| 2022 | $5,672 | $31,000 | $4,585 | $26,415 |
| 2021 | $5,564 | $30,998 | $4,584 | $26,414 |
| 2020 | $4,988 | $25,495 | $4,584 | $20,911 |
| 2019 | $5,043 | $28,532 | $4,584 | $23,948 |
| 2018 | $5,726 | $32,423 | $4,584 | $27,839 |
| 2017 | $6,221 | $28,898 | $3,646 | $25,252 |
| 2016 | $5,788 | $28,898 | $3,646 | $25,252 |
| 2015 | $5,295 | $28,898 | $3,646 | $25,252 |
| 2014 | $3,589 | $19,341 | $4,428 | $14,913 |
| 2013 | $3,518 | $19,341 | $4,428 | $14,913 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Alvarez
-
Zihao Zhang
Buyer's Agent in 2024
Zihao Zhang
Century 21 Realty Associates
(626) 354-3337
1 in this area
23 Total Sales
-
Gisela Attlan
Seller's Agent in 2022
Gisela Attlan
Engel & Voelkers Chicago
(312) 804-0112
1 in this area
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11923528
APN: 17-33-202-059-1002
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