Seller's Agent in 2020
Douglas Smith
@ Properties
(773) 531-0794
52 Total Sales
Heavy Timber Lofts 333 S Desplaines St Unit 512 Chicago, IL 60661
West Loop NeighborhoodEstimated Value: $324,000 - $477,000
1
Bed
1
Bath
1,098
Sq Ft
$430/mo
HOA Fee
Highlights
- Wood Flooring
- 4-minute walk to Clinton Station (Blue Line)
- Bonus Room
- Skinner Elementary School Rated A-
- Whirlpool Bathtub
- 4-minute walk to Heritage Green Park
About This Home
As of May 2020Very Cool, eclectic true timber loft in the West Loop. Vast ceiling heights and huge windows all facing south flood the space with light. Tons of character in this Large 1 bedroom 1 bath with large combined bonus room /laundry area. Newer appliances and washer dryer. Gas fireplace. Storage and covered attached parking included in price. The building was built in 1927 as a Paper company's headquarters. In 2003 it was converted to luxury loft and condos by Booth Hansen & Associated.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475122275 Listed on: 03/18/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,454
Year Built
- 1927
Lot Details
- Southern Exposure
HOA Fees
- $430 per month
Parking
- Attached Garage
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Fireplace With Gas Starter
- Bonus Room
- Storage
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Dual Sinks
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2020
Closed on
May 12, 2020
Sold by
Smith Joshua C and Hernandez Virgilio
Bought by
Patel Parth Devendrabhai
Seller's Agent
Douglas Smith
@properties Christie's International Real Estate
Buyer's Agent
Vasiliki Kanavos
Compass
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
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
$68,315
Avg. Annual Appreciation
3.77%
Original Mortgage
$279,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2007
Sold by
Smith Pamela J
Bought by
Smith Joshua C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 2003
Sold by
Des Plaines At Van Buren Llc
Bought by
Smith Pamela J and Pamela J Smith Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Parth Devendrabhai | $310,000 | Proper Title | |
| Smith Joshua C | $250,000 | Premier Title | |
| Smith Pamela J | $277,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Patel Parth Devendrabhai | $279,000 | |
| Previous Owner | Smith Joshua C | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2020 05/22/20 | Sold | $310,000 | -3.1% | $282 / Sq Ft |
| 03/31/2020 03/31/20 | Pending | -- | -- | -- |
| 03/18/2020 03/18/20 | For Sale | $320,000 | -- | $291 / 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 | $5,454 | $30,389 | $2,080 | $28,309 |
| 2023 | $5,295 | $29,078 | $1,140 | $27,938 |
| 2022 | $5,295 | $29,078 | $1,140 | $27,938 |
| 2021 | $5,866 | $29,077 | $1,140 | $27,937 |
| 2020 | $4,259 | $22,159 | $1,140 | $21,019 |
| 2019 | $4,198 | $24,252 | $1,140 | $23,112 |
| 2018 | $4,125 | $24,252 | $1,140 | $23,112 |
| 2017 | $3,821 | $21,063 | $1,006 | $20,057 |
| 2016 | $3,719 | $21,063 | $1,006 | $20,057 |
| 2015 | $3,379 | $21,063 | $1,006 | $20,057 |
| 2014 | $3,133 | $19,453 | $855 | $18,598 |
| 2013 | $3,060 | $19,453 | $855 | $18,598 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Smith
-
Vasiliki Kanavos
V
Buyer's Agent in 2020
Vasiliki Kanavos
Compass
(708) 308-7840
19 Total Sales
About Heavy Timber Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10670683
APN: 17-16-118-023-1032
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