This 1-bedroom at 1414 N. Wells in Old Town just came on the market.
It is listed for $369,000 plus $30,000 for the parking or $399,000.
At 1100 square feet, it has 10 foot ceilings.
The listing says the kitchen was “completely redone”. It now has maple cabinets, granite counter tops and stainless steel appliances.
The unit has a 25×8 deck which faces west (i.e. it doesn’t face the Wells Street action.)
The unit has central air and a 5×7 laundry room.
We’ve chattered recently about renting v. owning and that the equation is now in favor, for the most part, with those who want to own.
How does this unit stack up against rentals in the immediate area- including the new midrise building going up just a few blocks to the south of this location?
Does being on Wells Street give this unit a cache not found in other parts of Old Town which justifies the price per square foot?
Or is Wells Street just that hot?
Lisa Reznick at @Properties has the listing. See the pictures here.
Unit #212: 1 bedroom, 1 bath, 1100 square feet
- Sold in August 1995 for $168,500 (with the parking spot)
- Sold in May 2001 for $289,000 (with the parking spot)
- Currently listed at $369,000 (parking is $30,000 extra)
- Assessments of $375 a month (includes cable)
- Taxes of $5442
- Central Air
- Bedroom: 15×11