Seller's Agent in 2022
Elliot Small
Compass
(773) 466-7150
4 in this area
106 Total Sales
1230 W Melrose St Unit 1 Chicago, IL 60657
Lakeview NeighborhoodEstimated Value: $1,112,000 - $1,235,000
4
Beds
2.5
Baths
2,700
Sq Ft
$194/mo
HOA Fee
Highlights
- Heated Floors
- Open Floorplan
- Steam Shower
- Augustus H. Burley Elementary School Rated A-
- Deck
- 2-minute walk to Margaret Donahue Park
About This Home
As of September 2022BURLEY ELEMENTARY SCHOOL! This stunning newer construction all brick 4 bed/2.5 bath duplex down is located in the BEST Southport Corridor location. This condo lives like a single family home with an open concept main level and all bedrooms on the lower level PLUS 3 private outdoor spaces! When you enter the main level you are greeted by a spacious living room with a custom stone fireplace and a formal dining room all surrounded by crown molding and elegant wainscoting. The front deck off the living room offers views of tree-lined Melrose Street. Continuing on you will find a powder room with designer wallpaper and a modern vanity. The kitchen features white shaker style wood cabinetry with stone countertops, subway tile backsplash, large island, breakfast bar seating, and custom built-in banquette seating with additional storage. Professional grade appliances include: SubZero Fridge, 6-burner Wolf Range with Hood, Bosch Dishwasher, plus a wine fridge. Off the kitchen, the family room features a custom white built-in entertainment center and gorgeous coffered ceilings and crown molding. Off the family room you will find the second outdoor space as well as a breezeway perfect for covered outdoor storage. The outdoor stairs will lead you to the private garage roof deck complete with a pergola and new turf! The lower level features a 4 bedroom and 2 full bathroom layout. The spacious king-sized primary bedroom has 2 walk in closets offering an abundance of storage. The marble spa en-suite primary bathroom features a dual vanity sink, rain and steam showers, heated floors, and a large soaking tub. The other bedrooms are spacious enough to fit a queen sized bed and feature custom closet organizers. Full sized, side-by-side laundry is also on the bedroom level. The lower level common hallways have radiant heated floors throughout. 1 Garage Parking Space INCLUDED! This home is conveniently located just steps to the Southport Corridor abundance of restaurants, shops, and boutiques in Lakeview. Highly desirable Burley Elementary School is a short walk away. Nearby transit includes the CTA Belmont Red/Brown line trains, the Belmont #77 and Clark #22 buses, and easy access to Lake Shore Drive.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,942
Year Built
- Built in 2012
Lot Details
- 3,223
HOA Fees
- $194 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,700 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Living Room with Fireplace
- Family or Dining Combination
- Storage
Kitchen
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Home Security
Outdoor Features
- Balcony
- Deck
Schools
- Burley Elementary School
- Lake View High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 3 Units
- Nibha Gosai Association, Phone Number (805) 750-9877
Pet Policy
- Pets up to 50 lbs
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2022
Closed on
Sep 14, 2022
Sold by
Nelson Eric and Nelson Lisa
Bought by
Patel Monal
Seller's Agent
Elliot Small
Compass
Buyer's Agent
Chirag Shah
yourealty
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,431
Avg. Annual Appreciation
5.29%
Original Mortgage
$750,000
Outstanding Balance
$714,652
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$450,779
Purchase Details
Listed on
Feb 3, 2020
Closed on
Mar 20, 2020
Sold by
Guilbault Jean Pierre and Guilbault Kathleen
Bought by
Nelson Eric and Nelson Lisa
Seller's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
Buyer's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
List Price
$999,000
Sold Price
$927,000
Premium/Discount to List
-$72,000
-7.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$648,900
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 24, 2018
Closed on
Jun 18, 2018
Sold by
Goldstein Kevin M and Goldstein Deena
Bought by
Guilbault Jean Pierre and Guilbault Kathleen
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
List Price
$925,000
Sold Price
$882,000
Premium/Discount to List
-$43,000
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$705,600
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2016
Sold by
Joseph Sellitto
Bought by
Isenhour Sara and Washburn Scott
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
4.32%
Purchase Details
Closed on
Jul 27, 2012
Sold by
Fletch Development Inc
Bought by
Goldstein Kevin M
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
3.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Monal | $1,000,000 | None Listed On Document | |
| Nelson Eric | $927,000 | Chicago Title | |
| Guilbault Jean Pierre | $882,000 | Chicago Title Insurance Comp | |
| Isenhour Sara | -- | -- | |
| Goldstein Kevin M | $740,000 | Attorneys Title Guaranty Fun |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Monal | $750,000 | |
| Previous Owner | Nelson Eric | $404,500 | |
| Previous Owner | Nelson Eric | $648,900 | |
| Previous Owner | Guilbault Jean Pierre | $705,600 | |
| Previous Owner | Isenhour Sara | $417,000 | |
| Previous Owner | Isenhour Sara | -- | |
| Previous Owner | Goldstein Kevin M | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2022 09/19/22 | Sold | $1,000,000 | -4.8% | $370 / Sq Ft |
| 07/30/2022 07/30/22 | Pending | -- | -- | -- |
| 07/20/2022 07/20/22 | For Sale | $1,050,000 | +13.3% | $389 / Sq Ft |
| 04/14/2020 04/14/20 | Sold | $927,000 | -7.2% | $343 / Sq Ft |
| 02/13/2020 02/13/20 | Pending | -- | -- | -- |
| 02/03/2020 02/03/20 | For Sale | $999,000 | +13.3% | $370 / Sq Ft |
| 06/25/2018 06/25/18 | Sold | $882,000 | -4.6% | $327 / Sq Ft |
| 05/17/2018 05/17/18 | Pending | -- | -- | -- |
| 04/24/2018 04/24/18 | For Sale | $925,000 | -- | $343 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $19,121 | $95,152 | $25,386 | $69,766 |
| 2023 | $17,937 | $90,628 | $20,473 | $70,155 |
| 2022 | $17,937 | $90,628 | $20,473 | $70,155 |
| 2021 | $17,554 | $90,626 | $20,472 | $70,154 |
| 2020 | $15,942 | $74,666 | $8,735 | $65,931 |
| 2019 | $15,652 | $81,335 | $8,735 | $72,600 |
| 2018 | $15,388 | $81,335 | $8,735 | $72,600 |
| 2017 | $14,387 | $70,209 | $7,643 | $62,566 |
| 2016 | $13,562 | $70,209 | $7,643 | $62,566 |
| 2015 | $12,385 | $70,209 | $7,643 | $62,566 |
| 2014 | $13,712 | $73,902 | $6,278 | $67,624 |
| 2013 | $13,441 | $73,902 | $6,278 | $67,624 |
Source: Public Records
Agents Affiliated with this Home
-
Elliot Small
-
Olivia Stohle
Seller Co-Listing Agent in 2022
Olivia Stohle
Compass
(847) 313-5137
1 in this area
37 Total Sales
-
Chirag Shah
Buyer's Agent in 2022
Chirag Shah
yourealty
(312) 933-5798
1 in this area
14 Total Sales
-
Jennifer Mills
Seller's Agent in 2020
Jennifer Mills
Jameson Sotheby's Intl Realty
(773) 914-4422
7 in this area
285 Total Sales
-
Leigh Marcus
Seller's Agent in 2018
Leigh Marcus
@ Properties
(773) 645-0686
49 in this area
1,185 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11469248
APN: 14-20-327-050-1001
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