NOT LISTED FOR SALE

1433 W Melrose St Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $2,022,000 - $2,572,000

6 Beds
5 Baths
3,320 Sq Ft
$695/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2016

Last sale price $1,868,000 $563 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $15,849 / mo

9 Days on Market

Highlights

  • Rooftop Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Augustus H. Burley Elementary School Rated A-
  • Wood Flooring
  • Steam Shower

About This Home

As of April 2016

IMPECCABLY MAINTAINED AND GRACIOUSLY UPDATED BY THE CURRENT OWNERS THIS CUSTOM BUILT SAVANE HOME ON QUIET, ONE-WAY MELROSE FEATURES 6 BEDROOMS (4 ON ONE LEVEL) PLUS PENTHOUSE FAMILY ROOM WITH WET BAR AND POWDER ROOM, BEAUTIFUL EAT-IN KITCHEN WITH PAINTED CABINETS, COMMERCIAL GRADE APPLIANCES & BUTLER'S PANTRY, QUALITY MILLWORK INCLUDING WAINSCOTING & COFFERED CEILINGS, 2 LAUNDRY CENTERS & BUILT OUT MUD ROOM, 2.5 CAR GARAGE WITH ROOF DECK & PERGOLA, LANDSCAPED YARD, LARGE MASTER SUITE WITH SPA LIKE BATH INCLUDING HEATED FLOORING, AIR JET TUB & OVERSIZED STEAM SHOWER. AMAZING SOUTHPORT CORRIDOR LOCATION LOCATED IN THE BURLEY SCHOOL DISTRICT!

Last Agent to Sell the Property

Jeffrey Lowe

Compass License #475154506 Listed on: 02/01/2016

Compass

Last Buyer's Agent

Ted Argiris

@properties Christie's International Real Estate License #475131881

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 2007

Lot Details

  • 3,136

Parking

  • Detached Garage
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Asphalt Rolled Roof
  • Limestone

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Skylights
  • Mud Room
  • Great Room
  • Den
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace

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

Home Details

Home Type

Single Family

Year Built

2007

Lot Details

3,136 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.2
  • Type Detached: 3 Stories
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 12
  • Living Room: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Security System, Sump Pump
  • Attic: Finished
  • Fireplace Location: Family Room, Living Room, Basement
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 8X6, On Level: Lower, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet
  • Additional Rooms: Balcony, 5th Bedroom, 6th Bedroom, Den, Deck, Great Room, Mud Room, Storage, Terrace
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X11, On Level: Lower, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 12X11, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 18X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Den, Dimensions: 14X14, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Great Rm, Dimensions: 18X19, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Mud, Dimensions: 10X8, On Level: Lower
  • Additional Room 6 Name: Storage, Dimensions: 6X4, On Level: Lower
  • Additional Room 7 Name: Balcony, Dimensions: 18X16, On Level: 3rd Level
  • Additional Room 8 Name: Deck, Dimensions: 23X20, On Level: 2nd Level
  • Additional Room 9 Name: Terrace, Dimensions: 41X18, On Level: 3rd Level
  • Additional Room 10 Name: Other, Dimensions: 26X14, On Level: Main Level
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X18, On Level: Lower, Flooring: Carpet

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick, Limestone
  • Roof Type: Asphalt/Glass (Rolled), Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Roof Deck

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant, 2+ Sep Heating Systems, Zoned

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 14203290110000

Tax Info

  • Taxes: 26,985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 29, 2016
Sold by
Mclauchlan Scott and Hayes Halle
Bought by
Zasche Sean P and The Sean P Zasche Revocable Trust
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Ted Argiris
@properties Christie's International Real Estate
List Price
$1,899,000
Sold Price
$1,868,000
Premium/Discount to List
-$31,000
-1.63%
Current Estimated Value
$2,387,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,920
Avg. Annual Appreciation
2.11%
Original Mortgage
$1,587,800
Outstanding Balance
$1,245,956
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,061,398

Purchase Details

Closed on
Apr 9, 2012
Sold by
Cavanaugh Kevin M
Bought by
Mclauchlan Scott and Hayes Halle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Savane Properties Inc
Bought by
Cavanaugh 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
$750,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2006
Sold by
Jaglin Joel G and Jaglin Cathleen A
Bought by
Savane Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
7.75%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 2, 1999
Sold by
Graziano Thomas J and Graziano Deirdre
Bought by
Thunderbird Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,828
Interest Rate
7.75%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 14, 1998
Sold by
Mcgowan Malcolm E and Mcgowan Jane M
Bought by
Jaglin Joel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Zasche Sean P $1,868,000 Attorneys Title Guaranty Fun
Mclauchlan Scott $1,600,000 Sterling Title Svcs Llc
Cavanaugh Kevin M $1,900,000 Attorneys Title Guaranty Fun
Savane Properties Inc $680,000 Chicago Title Insurance Co
Thunderbird Llc $368,000 --
Jaglin Joel G $295,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Zasche Sean P $1,587,800
Previous Owner Mclauchlan Scott $1,100,000
Previous Owner Cavanaugh Kevin M $750,000
Previous Owner Savane Properties Inc $1,365,000
Previous Owner Thunderbird Llc $870,828
Previous Owner Jaglin Joel G $265,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $1,868,000 -1.6% $563 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $1,899,000 -- $572 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $35,109 $187,280 $58,125 $129,155
2024 $35,109 $197,000 $58,125 $138,875
2023 $34,204 $169,715 $46,875 $122,840
2022 $34,204 $169,715 $46,875 $122,840
2021 $33,458 $169,715 $46,875 $122,840
2020 $30,182 $138,590 $20,000 $118,590
2019 $29,577 $150,642 $20,000 $130,642
2018 $31,984 $165,350 $20,000 $145,350
2017 $32,815 $155,811 $17,500 $138,311
2016 $30,707 $155,811 $17,500 $138,311
2015 $34,020 $188,277 $17,500 $170,777
2014 $27,462 $148,010 $14,375 $133,635
2013 $26,919 $148,010 $14,375 $133,635
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Lowe

    Seller's Agent in 2016

    Jeffrey Lowe

    Compass

    (312) 883-3030

    71 in this area

    1,000 Total Sales

    Jeffrey Lowe
    Section Image
  • Ted Argiris

    Buyer's Agent in 2016

    Ted Argiris

    @ Properties

    (312) 893-8152

    1 in this area

    30 Total Sales

    Ted Argiris
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09128400

Midwest Real Estate Data (MRED)

APN: 14-20-329-011-0000

Illinois Cook County Chicago 60657 Southport Corridor

1433 W Melrose St, Chicago, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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