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205 East 13th Street

205 East 13th Street, Chicago, IL 60605
Property in South Loop
Sold May 10, 2021
$795,000
$636,000 by Compass Mortgage Inc
Mortgage Due May 01, 2051
Sold Nov 27, 2012
$685,000
205 East 13th Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 205 East 13th Street has 1,970 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 923 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 205 East 13th Street sold most recently in Apr 13, 2021 for a total of $795,000. If you work out the math, that's approximately a cost of $403.55 per sqft. Before that, the property was also sold for $685,000 in Nov 14, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,919 in taxes each year. 205 East 13th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $82,000. If we break it down further, the land itself was valued at $17,537. Improvements to the property, however, were assessed at a total of $64,463. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 36
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 923
  • Total Building Area: 1,970
  • Gross Building Area: 1,970
  • Building Area: 1,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MUSEUM PARK
  • Land Acres: 0.021
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : MILLICHAP CHRISTOPHER S
  • Current Owner 2: MILLICHAP STEPHANIE J
  • Previous Owner : DUSEK FRANK A
  • Previous Owner 2: DUSEK FAITH B
  • Owner Before Previous Owner: FLAVIN JOSEPH P
  • Owner Before Previous Owner 2: FLAVIN MARLENE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330101

Zoning

  • Zoning: PD 499

Geography

  • District: 76
  • Parcel: 17-22-110-044-0000
  • Lot: 6
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8657
  • Longitude: -87.6219

    Address

  • Full Address: 205 E 13th St
  • Address - House Number: 205
  • Street Direction: E
  • Address - Street Name: 13th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 2432
  • Zip Code: 60605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,919
  • Tax Rate Code Area: 76084

    Appraisal Valuation

  • Standard Deviation: 0.2007
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 947,185
  • High Value: 1,137,323
  • Low Value: 757,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $636,000
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $636,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $820,000
  • Market Land Value: $175,370
  • Market Improvement Value: $644,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,000
  • Assessed Land Value: $17,537
  • Assessed Improvements Value: $64,463

    Sales

  • Current Sale Contract Date: Apr 13, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11834357899
  • Current Sale Price: $795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2113057027
  • Previous Sale Recording Date: Nov 27, 2012
  • Previous Sale Contract Date: Nov 14, 2012
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $636,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Central Chicago



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Frequently Asked Questions

What neighborhood is 205 East 13th Street located in?
The 205 East 13th Street is a located in the neighborhood of South Loop in Central Chicago, Chicago.
What is the average sales price for listings in 205 East 13th Street?
The average sales price for units in 205 East 13th Street is $0 currently.

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