NOT LISTED FOR SALE

433 N Wells St Unit 302 Chicago, IL 60654

River North Neighborhood

Estimated Value: $900,000 - $931,462

3 Beds
3 Baths
2,400 Sq Ft
$611/mo HOA Fee

Last Sold February 28, 2017

Last sale price $1,135,000 $473 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $6,879/month

46 Days on Market

Highlights

  • Attached Garage
  • 2-minute walk to Merchandise Mart Station
  • Tandem Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2017

HIGHLY UPGRADED UNIT IN BOUTIQUE ELEVATOR BUILDING. NEWLY RENOVATED THREE BEDROOM TWO AND A HALF BATHROOM UNIT IN THE HEART OF RIVER NORTH. THREE BALCONIES, CUSTOM KITCHEN, FIREPLACE, AND BUILT IN CUSTOM CABINETRY MAKE THIS TRULY A ONE OF A KIND CUSTOM DREAM HOME. TWO GARAGE PARKING SPACES INCLUDED IN PRICE !!!

Last Agent to Sell the Property

Alan Katamanin

Hawk Realty Group License #471018972 Listed on: 12/05/2016

Last Buyer's Agent

David Faber

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,800

Year Renovated

  • 2016

Lot Details

  • 5,663

HOA Fees

  • $611 per month

Parking

  • Attached Garage
  • Tandem Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,800

Year Renovated

2016

Lot Details

0

HOA Fees

$611 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2016

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 25X20, On Level: Main Level
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 16X15, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X14, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Bedroom 3: Dimensions: 16X10, On Level: Main Level
  • Estimated Sq Ft: 2400

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking
  • Assessment Association Fees: 611
  • Management Contact Name: Shonda
  • Management Phone: 312-850-3251

Fee Information

  • Management Company: phoenix rising management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Parcel Identification Number: 17092520191004

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 6

Tax Info

  • Taxes: 11443.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Feb 28, 2017
Sold by
Akre Ventures Llc
Bought by
Armstrong Steven B and Talbot Christopher F
Seller's Agent
Alan Katamanin
Hawk Realty Group
Buyer's Agent
David Faber
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,135,000
Premium/Discount to List
-$65,000
-5.42%
Current Estimated Value
$915,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$219,269
Avg. Annual Appreciation
-3.02%
Original Mortgage
$535,000
Outstanding Balance
$443,730
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$429,978

Purchase Details

Closed on
Jun 16, 2016
Sold by
Nisar Asim and Nisar Nighat
Bought by
Akre Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2011
Sold by
Nisar Asim and Nisar Nighat
Bought by
Nisar Asim and Nisar Nighat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Barnes Timothy A
Bought by
Nisar Adnan A and Nisar Asim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 2002
Sold by
Tr Wells Partners Lp
Bought by
Barnes Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,200
Interest Rate
7.13%
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
Armstrong Steven B $1,135,000 Attorney
Akre Ventures Llc $760,000 Greater Metropolitan Title
Nisar Asim -- Chicago Title Insurance Co
Nisar Adnan A $754,000 First American
Barnes Timothy A $654,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Steven B $535,000
Previous Owner Akre Ventures Llc $608,000
Previous Owner Nisar Asim $417,000
Previous Owner Nisar Adnan A $563,000
Previous Owner Nisar Adnan A $563,000
Previous Owner Barnes Timothy A $690,922
Previous Owner Barnes Timothy A $523,200
Closed Barnes Timothy A $65,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $1,135,000 -5.4% $473 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $1,200,000 -- $500 / 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 $15,800 $71,785 $9,063 $62,722
2023 $15,381 $78,203 $7,593 $70,610
2022 $15,381 $78,203 $7,593 $70,610
2021 $15,056 $78,201 $7,592 $70,609
2020 $14,624 $68,750 $5,638 $63,112
2019 $14,311 $74,657 $5,638 $69,019
2018 $14,747 $74,657 $5,638 $69,019
2017 $11,902 $55,288 $4,802 $50,486
2016 $11,074 $55,288 $4,802 $50,486
2015 $10,131 $55,288 $4,802 $50,486
2014 $11,009 $59,337 $3,758 $55,579
2013 $10,792 $59,337 $3,758 $55,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09399551

Midwest Real Estate Data (MRED)

APN: 17-09-252-019-1004