NOT LISTED FOR SALE

1216 W Melrose St Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $2,104,822 - $2,548,000

5 Beds
5 Baths
5,000 Sq Ft
$469/Sq Ft Est. Value

About This Home

This home is located at 1216 W Melrose St, Chicago, IL 60657 and is currently estimated at $2,344,956, approximately $468 per square foot. 1216 W Melrose St is a home located in Cook County with nearby schools including Augustus H. Burley Elementary School, Lake View High School, and Saint Luke Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2009
Sold by
Cavatoni Philip J and Cavatoni Courtney M
Bought by
Lending Randall M and Lending Tracy T
Current Estimated Value
$2,344,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2003
Sold by
Paul Petersen Inc
Bought by
Cavatoni Philip J and Cavatoni Courtney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2001
Sold by
Kirkaldy Frank
Bought by
Paul Petersen Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
7%

Purchase Details

Closed on
Sep 14, 1997
Sold by
Kirkaldy Frank
Bought by
Kirkaldy Frank and Frank Kirkaldy Trust #1-97
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Lending Randall M $1,335,000 Ticor Title
Cavatoni Philip J $1,460,000 Chicago Title Insurance Comp
Paul Petersen Inc $427,000 --
Kirkaldy Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lending Randall M $296,000
Closed Lending Randall M $300,000
Closed Lending Randall M $325,000
Closed Lending Randall M $375,000
Closed Lending Randall M $400,000
Closed Lending Randall M $417,000
Previous Owner Cavatoni Philip J $1,095,000
Previous Owner Cavatoni Philip J $100,000
Previous Owner Paul Petersen Inc $1,734,029
Previous Owner Paul Petersen Inc $604,000
Source: Public Records

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 $32,324 $177,075 $59,055 $118,020
2023 $32,288 $153,202 $47,625 $105,577
2022 $32,288 $156,979 $47,625 $109,354
2021 $30,897 $156,979 $47,625 $109,354
2020 $27,475 $126,435 $20,320 $106,115
2019 $26,922 $137,430 $20,320 $117,110
2018 $28,920 $149,839 $20,320 $129,519
2017 $23,535 $112,702 $17,780 $94,922
2016 $22,073 $112,702 $17,780 $94,922
2015 $24,565 $136,677 $17,780 $118,897
2014 $18,300 $101,198 $14,605 $86,593
2013 $21,394 $120,262 $14,605 $105,657
Source: Public Records

Map

Illinois Cook County Chicago 60657 Lakeview

1216 W Melrose St, Chicago, IL

This home is located at 1216 W Melrose St, Chicago, IL 60657 and is currently estimated at $2,344,956, approximately $468 per square foot. 1216 W Melrose St is a home located in Cook County with nearby schools including Augustus H. Burley Elementary School, Lake View High School, and Saint Luke Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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