Seller's Agent in 2024
Rachel Kane
@ Properties
(708) 359-1630
3 in this area
29 Total Sales
71 E 16th St Unit 3 Chicago, IL 60616
South Loop NeighborhoodEstimated Value: $424,000 - $453,000
2
Beds
2
Baths
1,600
Sq Ft
$276/mo
HOA Fee
Highlights
- Wood Flooring
- Whirlpool Bathtub
- Formal Dining Room
- South Loop Elementary School Rated 9+
- Granite Countertops
- 1-minute walk to Fred Anderson Park
About This Home
As of July 2024If you're in search of ample space and modern comforts, look no further than this impressive two-bedroom residence nestled in the vibrant South Loop. Boasting a sprawling 1600 square feet of living space, this home offers a rare blend of size and sophistication. Step inside to discover a bright and airy open concept layout, featuring gleaming hardwood floors that flow seamlessly throughout the living areas. Perfect for hosting gatherings or simply unwinding after a long day, the expansive living room provides plenty of room to relax and entertain in style. The oversized bedroom boasts a generous walk-in closet, providing ample storage for your wardrobe essentials. Pamper yourself in the attached ensuite bathroom, featuring dual sinks, a soaking tub, and a separate shower. With low monthly assessments and parking included in the price, this home offers unbeatable value. Enjoy the convenience of city living with easy access to renowned shopping destinations such as Michigan Avenue, as well as a plethora of dining options, grocery stores including Mariano's, Trader Joe's, and Target, and vibrant nightlife spots just steps from your doorstep. Don't miss out on the opportunity to experience the best of urban living in the South Loop. Schedule your showing today and make this stunning residence your own! Agent owned property. Investor friendly.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475172455 Listed on: 05/27/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,809
Year Built
- Built in 2002
Lot Details
- 2,657
HOA Fees
- $276 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,600 Sq Ft Home
- 4-Story Property
- Gas Log Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Included in Price
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, scavenger
- 4 Units
- Rachel Kane Association, Phone Number (708) 359-1630
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2024
Closed on
Jul 18, 2024
Sold by
Cody Ross and Kane Rachel
Bought by
Carmichael Joshua
Seller's Agent
Rachel Kane
@properties Christie's International Real Estate
Buyer's Agent
Hilary Kaden
@properties Christie's International Real Estate
List Price
$415,000
Sold Price
$397,000
Premium/Discount to List
-$18,000
-4.34%
Views
17
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
$40,866
Avg. Annual Appreciation
7.20%
Original Mortgage
$377,150
Outstanding Balance
$372,549
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$65,317
Purchase Details
Listed on
Sep 30, 2022
Closed on
Nov 21, 2022
Sold by
Mcphearson Anthony L
Bought by
Cody Ross and Kane Rachel
Seller's Agent
Aliona Holtz
Real People Realty
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$374,999
Sold Price
$370,000
Premium/Discount to List
-$4,999
-1.33%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$277,500
Interest Rate
7.63%
Mortgage Type
Construction
Purchase Details
Closed on
May 18, 2013
Sold by
Mcphearson Cheryl R
Bought by
Mcphearson Anthony L
Purchase Details
Closed on
Jun 1, 2007
Sold by
Newsome James
Bought by
Mcphearson Anthony and Mcphearson Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
6.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 11, 2006
Sold by
Hsbc Bank Usa Na
Bought by
Newsome James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 2006
Sold by
Ramos Noe
Bought by
Hsbc Bank Usa Na and The Registered Holders Of Ace Securities
Purchase Details
Closed on
Jun 13, 2005
Sold by
Ramos Noe
Bought by
A T Sterling Properties
Purchase Details
Closed on
Sep 15, 2004
Sold by
Rhymes Doris
Bought by
Ramos Noe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.7%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 9, 2004
Sold by
Northside Community Bank
Bought by
Rhymes Doris
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 |
|---|---|---|---|
| Carmichael Joshua | $397,000 | Chicago Title | |
| Cody Ross | $370,000 | Citywide Title | |
| Cody Ross | $370,000 | Citywide Title | |
| Mcphearson Anthony L | -- | None Available | |
| Mcphearson Anthony | $359,000 | Ctic | |
| Newsome James | -- | None Available | |
| Hsbc Bank Usa Na | -- | None Available | |
| A T Sterling Properties | -- | -- | |
| Ramos Noe | $420,000 | Exeter Title Company | |
| Rhymes Doris | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carmichael Joshua | $377,150 | |
| Previous Owner | Cody Ross | $277,500 | |
| Previous Owner | Mcphearson Anthony | $359,000 | |
| Previous Owner | Newsome James | $310,000 | |
| Previous Owner | Ramos Noe | $336,000 | |
| Closed | Ramos Noe | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $397,000 | -2.0% | $248 / Sq Ft | |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- | |
| 06/09/2024 06/09/24 | Price Changed | $405,000 | -2.4% | $253 / Sq Ft | |
| 05/27/2024 05/27/24 | For Sale | $415,000 | +12.2% | $259 / Sq Ft | |
| 11/21/2022 11/21/22 | Sold | $370,000 | -1.3% | $231 / Sq Ft | View Prior Sale |
| 10/16/2022 10/16/22 | Pending | -- | -- | -- | |
| 09/30/2022 09/30/22 | For Sale | $374,999 | -- | $234 / 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 | $6,985 | $38,149 | $12,393 | $25,756 |
| 2023 | $6,809 | $33,000 | $11,731 | $21,269 |
| 2022 | $6,809 | $33,000 | $11,731 | $21,269 |
| 2021 | $6,656 | $32,999 | $11,731 | $21,268 |
| 2020 | $6,962 | $31,250 | $8,190 | $23,060 |
| 2019 | $6,836 | $34,026 | $8,190 | $25,836 |
| 2018 | $6,721 | $34,026 | $8,190 | $25,836 |
| 2017 | $6,666 | $30,964 | $6,766 | $24,198 |
| 2016 | $6,202 | $30,964 | $6,766 | $24,198 |
| 2015 | $5,674 | $30,964 | $6,766 | $24,198 |
| 2014 | $5,445 | $29,347 | $6,054 | $23,293 |
| 2013 | $5,338 | $29,347 | $6,054 | $23,293 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Kane
-
Hilary Kaden
Buyer's Agent in 2024
Hilary Kaden
@ Properties
(773) 822-4032
3 in this area
65 Total Sales
-
Aliona Holtz
Seller's Agent in 2022
Aliona Holtz
Real People Realty
(773) 273-0280
1 in this area
42 Total Sales
-
Klopas Stratton Team
Buyer's Agent in 2022
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
(312) 927-0334
5 in this area
589 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12066721
APN: 17-22-301-059-1003
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