Seller's Agent in 2021
Hayley Westhoff
Compass
(773) 729-0594
29 in this area
599 Total Sales
1342 W Melrose St Chicago, IL 60657
Lakeview NeighborhoodEstimated Value: $2,132,306 - $2,511,000
5
Beds
5
Baths
4,945
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- Recreation Room
- 4-minute walk to Southport Station
- Steam Shower
- Augustus H. Burley Elementary School Rated A-
- Traditional Architecture
- 4-minute walk to Margaret Donahue Park
About This Home
As of May 2021Exquisite luxury single family with an extra wide interior floor plan on one of the most desirable streets in the absolute heart of Southport Corridor! This turn-key home has been renovated to perfection with timeless, high-end finishes and offers FIVE outdoor spaces - an outdoor lover's dream! The main level boasts DRAMATIC AND SOARING 12 foot ceilings, wainscoting throughout, Restoration Hardware light fixtures, a gas fireplace, and a massive chef's kitchen offering an oversized 48 inch fridge, a warming drawer, and custom built-in desk is one of the many spaces that make this home ideal for work-from-home. Second floor offers hardwood floors throughout, three spacious bedrooms including the primary suite with ambient tray ceiling, custom wallpaper, generously sized walk-in closet, spa-like bathroom with jet tub and glass shower, and a catwalk access to your beautifully and newly built out garage rooftop deck with steel pergola and pedestal paver system decking . Huge bonus room on THIRD level is perfectly suited for an additional family room, office, bedroom, or play room boasting vaulted ceilings and hardwood floors, a full bath, a wet bar, and TWO more outdoor spaces. Lower level features high ceilings, two additional bedrooms, expansive laundry room, a full bath, and a sauna - your guests will never want to leave! Enjoy the convenience of an extremely rare ATTACHED 2 CAR GARAGE during cold winter months! Sellers spared no expense in renovating this home, in an absolute "Walkers Paradise" location steps to everything Southport has to offer: Coda Di Volpe, Crosbys, Ella Elli, Tied House, Free People, Lush, LuluLemon, Bonobos, Evereve, Amazon Books, Jenis Ice Cream, Soul Cylce, Margaret Donahue Park, as well as Target, Whole Foods, and Southport brown/red line stop. Exceptional in every way!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,586
Year Built
- 1999
Lot Details
- Fenced Yard
- Corner Lot
Parking
- Attached Garage
- Garage Is Owned
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Limestone
Interior Spaces
- Recreation Room
- Finished Basement
- English Basement
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Steam Shower
- Separate Shower
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2021
Closed on
Apr 20, 2021
Sold by
Jones Henry F and The Henry F Jones Trust
Bought by
Bedi Rajbir and Bedi Sonal
Seller's Agent
Hayley Westhoff
Compass
Buyer's Agent
Christopher Pertile
Compass
List Price
$1,699,000
Sold Price
$1,625,000
Premium/Discount to List
-$74,000
-4.36%
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
$685,827
Avg. Annual Appreciation
8.20%
Original Mortgage
$1,300,000
Outstanding Balance
$1,159,065
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,151,762
Purchase Details
Closed on
Jul 14, 2017
Sold by
Jones Henry F and Marciniec Sylvia A
Bought by
Jones Henry F and The Henry F Jones Trust
Purchase Details
Closed on
Dec 7, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Jones Henry F and Marciniec Sylvia A
Purchase Details
Closed on
May 12, 2010
Sold by
Polyak Isabella and Polyak Yuri
Bought by
Wells Fargo Bank National Association
Purchase Details
Closed on
Oct 4, 2005
Sold by
Oscherwitz William S and Oscherwitz Jami Beth
Bought by
Polyak Yuri and Polyak Bella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,172,500
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 29, 2002
Sold by
Oscherwitz William S
Bought by
Oscherwitz William S and Oscherwitz Jomi Beth
Purchase Details
Closed on
May 17, 2001
Sold by
Urban Homes Llc
Bought by
Osherwitz William S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,575
Interest Rate
7.37%
Purchase Details
Closed on
Mar 3, 2000
Sold by
Veikos Fotios and Antonakos Gust
Bought by
Urban Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.89%
Purchase Details
Closed on
Jan 13, 2000
Sold by
Pagan Linda G
Bought by
Veikos Fottos and Antonakos Gust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.89%
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 |
|---|---|---|---|
| Bedi Rajbir | $1,625,000 | First American Title | |
| Jones Henry F | -- | None Available | |
| Jones Henry F | $1,000,000 | Multiple | |
| Wells Fargo Bank National Association | -- | None Available | |
| Polyak Yuri | $1,550,000 | Cti | |
| Oscherwitz William S | -- | Chicago Title Insurance Co | |
| Osherwitz William S | $1,054,000 | Prairie Title | |
| Urban Homes Llc | -- | -- | |
| Veikos Fottos | $380,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bedi Rajbir | $1,300,000 | |
| Previous Owner | Polyak Yuri | $1,172,500 | |
| Previous Owner | Osherwitz William S | $941,575 | |
| Previous Owner | Veikos Fottos | $342,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2021 05/12/21 | Sold | $1,625,000 | -1.5% | $329 / Sq Ft |
| 03/29/2021 03/29/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | Price Changed | $1,650,000 | -2.9% | $334 / Sq Ft |
| 01/25/2021 01/25/21 | For Sale | $1,699,000 | -- | $344 / 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 | $33,586 | $166,000 | $58,255 | $107,745 |
| 2023 | $34,760 | $162,500 | $46,980 | $115,520 |
| 2022 | $34,760 | $169,000 | $46,980 | $122,020 |
| 2021 | $33,315 | $169,000 | $46,980 | $122,020 |
| 2020 | $31,124 | $142,817 | $20,044 | $122,773 |
| 2019 | $30,500 | $155,236 | $20,044 | $135,192 |
| 2018 | $30,992 | $160,328 | $20,044 | $140,284 |
| 2017 | $25,868 | $123,541 | $17,539 | $106,002 |
| 2016 | $24,244 | $123,541 | $17,539 | $106,002 |
| 2015 | $29,905 | $165,820 | $17,539 | $148,281 |
| 2014 | $18,497 | $102,264 | $14,407 | $87,857 |
| 2013 | $20,045 | $112,843 | $14,407 | $98,436 |
Source: Public Records
Agents Affiliated with this Home
-
Hayley Westhoff
-
Anna Theofanous
Seller Co-Listing Agent in 2021
Anna Theofanous
Compass
(312) 767-7207
8 in this area
144 Total Sales
-
Christopher Pertile
Buyer's Agent in 2021
Christopher Pertile
Compass
(815) 530-6355
1 in this area
117 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10979412
APN: 14-20-326-023-0000
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