NOT LISTED FOR SALE

Estimated Value: $319,000 - $343,721

1 Bed
1 Bath
860 Sq Ft
$567/mo HOA Fee

Last Sold April 11, 2022

Last sale price $294,900 $343 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,842/month

3 Days on Market

Highlights

  • Open Floorplan
  • 3-minute walk to Chicago Avenue Station (Brown, Purple Lines)
  • Balcony
  • Wood Flooring
  • Stainless Steel Appliances
  • 1-minute walk to Chestnut Park

About This Home

As of April 2022

Spacious 1 bed/1 bath condo at the Parc Chestnut featuring a covered balcony and Western sunset views. The kitchen sports 3 year old stainless-steel appliances, eat in island, and overlooks the large living/dining area. The large windows highlight the beautiful hardwood floors and an encased gas fireplace. The fully enclosed bedrooms is massive with a full wall of closets. Large bathroom has new vanity and large soaking tub great for relaxing. In unit washer/drier. 1 block to Brown line and located on the edge between Old Town + River North. Common amenities include 2 new terraces with BBQ set up and dog walk, all located on the same floor as the unit. Beautiful lobby with 24-hour doorman. All utilities included besides electric. Amenities include gym with newer equipment, on site cleaners, private gated park, conference room, bonfire pits, grills, two terraces and secure storage. Garage parking available for addl $30K

Last Agent to Sell the Property

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 03/08/2022

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Jamie Book

Compass License #475179557

Last Buyer's Agent

Melissa Siegal

@properties Christie's International Real Estate License #475139418

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,434

Year Built

  • Built in 2006 | Remodeled in 2022

Lot Details

  • 1.54

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 860 Sq Ft Home
  • Open Floorplan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 261 Units
  • Parc Chestnut Association
  • Parc Chestnut Subdivision
  • Property managed by Parc Chestnut
  • 17-Story Property

Pet Policy

  • Pets up to 80 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,434

Year Built

Built in 2006 | Remodeled in 2022

Lot Details

0

HOA Fees

$567 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Parc Chestnut
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 9
  • Rehab Year: 2022
  • Rebuilt Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Some Carpeting
  • LivingArea: 860
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 17
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 264900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 567
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Parc Chestnut
  • Management Contact Name: Parc Chestnut
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 80

Tax Info

  • Tax Annual Amount: 5434
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 12, 2022
Sold by
Park Jeffrey
Bought by
Seto Matthew and Seto Danny
Seller's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Melissa Siegal
@properties Christie's International Real Estate
List Price
$264,900
Sold Price
$294,900
Premium/Discount to List
$30,000
11.33%
Current Estimated Value
$320,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,893
Avg. Annual Appreciation
2.24%
Original Mortgage
$182,000
Outstanding Balance
$171,806
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$145,813

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 29, 2022
Sold by
Park Jeffrey and Park Diane E
Bought by
Seto Matthew and Seto Danny
Seller's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Melissa Siegal
@properties Christie's International Real Estate
List Price
$264,900
Sold Price
$294,900
Premium/Discount to List
$30,000
11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$171,806
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$145,813

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 21, 2014
Sold by
Scheele Raymond H and Scheele Marcia A
Bought by
Park Jeffrey
Seller's Agent
Kate Waddell
Compass
Buyer's Agent
Suzanne Elkins-Rose
Berkshire Hathaway HomeServices Chicago
List Price
$284,900
Sold Price
$260,000
Premium/Discount to List
-$24,900
-8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$195,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 21, 2006
Sold by
Parc Chestnut Llc
Bought by
Scheele Raymond H and Scheele Marcia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.58%
Mortgage Type
Unknown
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
Seto Matthew $295,000 --
Seto Matthew $295,000 None Listed On Document
Seto Matthew $295,000 --
Park Jeffrey $260,000 Stewart Title
Scheele Raymond H $296,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seto Matthew $182,000
Previous Owner Park Jeffrey $170,000
Previous Owner Park Jeffrey $195,000
Previous Owner Scheele Raymond H $189,500
Previous Owner Scheele Raymond H $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $294,900 +11.3% $343 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $264,900 +1.9% $308 / Sq Ft
06/30/2014 06/30/14 Sold $260,000 -5.4% $302 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/09/2014 04/09/14 Price Changed $274,900 -3.5% $320 / Sq Ft
03/20/2014 03/20/14 For Sale $284,900 -- $331 / 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 $6,319 $30,376 $2,768 $27,608
2023 $5,456 $29,949 $2,233 $27,716
2022 $5,456 $29,949 $2,233 $27,716
2021 $5,352 $29,947 $2,232 $27,715
2020 $5,434 $27,496 $2,143 $25,353
2019 $5,335 $29,981 $2,143 $27,838
2018 $5,244 $29,981 $2,143 $27,838
2017 $4,712 $25,262 $1,696 $23,566
2016 $4,560 $25,262 $1,696 $23,566
2015 $4,148 $25,262 $1,696 $23,566
2014 $4,072 $21,947 $1,285 $20,662
2013 $3,992 $21,947 $1,285 $20,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11341807

Midwest Real Estate Data (MRED)

APN: 17-04-445-017-1142