We last chattered about this 3-bedroom townhouse at 1756 W. Pierce in Wicker Park in April 2011.
See our April chatter here.
At that time, the townhouse had been on the market for 17 months.
A price reduction under $340,000 seemed to do the trick as the property was apparently “swarmed” with people and it sold within a month for $335,000.
That is also $5,000 under the 1999 purchase price.
The townhouse, if you recall, was part of a 2-unit association. It had all 3 three bedrooms on the second and third levels.
There was a lower level family room.
The kitchen had maple cabinets, stainless steel appliances, and granite counter tops.
The townhouse also had central air, a garage and a rooftop deck.
Just how important is the perception of a deal?
This townhouse was listed in November 2010 for $379,000 but no one was “swarming” it then. As soon as it went under $350,000, it got offers.
Ian Schwartz at Coldwell Banker had the listing.
1756 W. Pierce: 3 bedrooms, 2.5 baths, no square footage listed
- Sold in May 1999 for $340,000
- Sold in March 2002 for $415,000
- Sold in August 2005 for $450,000
- Originally listed in November 2009 for $447,000
- Reduced numerous times
- Was listed in November 2010 for $379,000
- Was listed in April 2011 at $339,000
- Sold in May 2011 for $335,000
- No assessments
- Taxes of $7976
- Central Air
- Bedroom #1: 13×13 (second level)
- Bedroom #2: 12×10 (second level)
- Bedroom #4: 10×11 (third level)
- Family room: 19×11 (lower level)