This 2-bedroom in 1414 N. Wells in Old Town just came on the market.
We’ve chattered about Old Town a lot over the years because some of the developments held their value even during the bust as Old Town remained a top destination in the city.
This 1700-square foot unit has cherry cabinets, granite counter tops and stainless steel appliances in the kitchen.
It has a marble master bath and his and her walk-in closets in the master bedroom.
It also has the coveted a side-by-side washer/dryer in its own laundry room.
The unit has other features buyers look for including central air and 1-car garage parking.
This unit last sold just over 2 years ago, in December 2011, for $572,000.
Looking at the two sets of listing pictures, it appears to have the same kitchen and baths so it is an apples to apples listing (i.e. no extensive renovations.)
The unit has come on the market at $795,900 (including the parking), or $223,900 more than in 2011.
For a unit of this size, that would be a new record in the building.
(If you recall, back in 2009 we chattered about a 2500 square foot completely custom unit that Johnny Depp apparently slept in which ended up selling for $1.125 million in July 2009. See the pictures here.)
Will there be a record selling price for this condo?
Amy Settich at Coldwell Banker has the listing. See the pictures here.
Unit #208: 2 bedrooms, 2 baths, 1700 square feet
- Sold in August 2002 for $486,500
- Sold in January 2005 for $513,500
- Sold in December 2011 for $572,000 (included the parking)
- Currently listed for $765,900 plus $30,000 for parking
- Assessments of $564 a month (includes cable)
- Taxes of $10,060
- Bedroom #1: 18×12
- Bedroom #2: 14×10
- Laundry room: 11×8