Seller's Agent in 2024
Michael Shin
Coldwell Banker Realty
(312) 475-3002
2 in this area
87 Total Sales
1506 W Melrose St Unit 2 Chicago, IL 60657
Southport Corridor NeighborhoodEstimated Value: $711,000 - $866,045
3
Beds
3.5
Baths
--
Sq Ft
3,136
Sq Ft Lot
Highlights
- Wood Flooring
- Whirlpool Bathtub
- Terrace
- Augustus H. Burley Elementary School Rated A-
- Granite Countertops
- Den
About This Home
As of September 2024Discover urban luxury in this stunning 3-level triplex nestled off of Southport Corridor. This modern residence boasts 3 spacious bedrooms and 3.5 baths and a PRIVATE backyard patio and additional shared rooftop deck over the garage. The open-concept living area features hardwood floors, floor-to-ceiling windows overlooking the private backyard, gourmet kitchen with stainless steel appliances, dedicated dining space, and gorgeously updated (2017) powder room. Ascend to the second level to find the primary bedroom suite with fully updated (2020) en suite spa bath featuring dual vanity and jetted tub and generously sized walk-in closet. The second bedroom across the hall features reclaimed wood accent wall and updated (2020) full en suite bath. The lower level reveals a versatile living space, perfect for a home office or entertainment area, leading to the third bedroom, which is currently being used as a den/office. In-unit front loading laundry located in the lower level. Beautifully adorned private backyard space features low-maintenance pavers and is a quiet oasis. Covered garage parking included. All new windows 2022, new hot water heater 2023, basement remodeled 2023, new front entry door and decorative wood soffit 2023, new hardwood floors on 2nd level and stair treads 2016, and new AC 2024. Common area roof south roof replaced 2019, north roof replaced 2023, and new garage door/system 2018. Nothing to do but move in! The perfect combination of condo and townhome on a quiet street just steps to the CTA Brown Line Southport station, Whole Foods Market, Target, X-Sport Fitness, cafes, nightlife, shops, boutiques, restaurants, the Southport Corridor, and everything Lakeview has to offer! NOTE: Unit is located in the REAR of the building. Please do not disturb any other units.
Last Agent to Sell the Property
Coldwell Banker Realty License #475159583 Listed on: 07/30/2024
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,061
Year Built
- Built in 1996 | Remodeled in 2023
Lot Details
- 3,136
HOA Fees
- $170 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 3-Story Property
- Gas Log Fireplace
- Window Treatments
- Living Room with Fireplace
- Formal Dining Room
- Den
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Dual Sinks
- Whirlpool Bathtub
- Shower Body Spray
Laundry
- Laundry in unit
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Terrace
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
Amenities
- Sundeck
Pet Policy
- Dogs and Cats Allowed
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2024
Closed on
Aug 30, 2024
Sold by
Bought by
Seller's Agent
Michael Shin
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$699,000
Sold Price
$735,000
Premium/Discount to List
$36,000
5.15%
Views
10
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
$60,511
Avg. Annual Appreciation
4.32%
Purchase Details
Closed on
May 4, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,350
Interest Rate
0.0312%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 16, 2015
Closed on
Dec 4, 2015
Sold by
Bought by
Seller's Agent
David Watkins
Coldwell Banker Realty
Buyer's Agent
Michael Shin
Coldwell Banker Realty
List Price
$480,000
Sold Price
$455,000
Premium/Discount to List
-$25,000
-5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$432,250
Interest Rate
0.0387%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 20, 2012
Sold by
Bought by
Purchase Details
Closed on
Dec 17, 2012
Sold by
Bought by
Purchase Details
Closed on
Mar 21, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
0.05%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 22, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,300
Interest Rate
0.0787%
Purchase Details
Closed on
Nov 19, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $735,000 | Chicago Title | ||
| -- | Title Company Llc | ||
| $455,000 | First American Title | ||
| -- | None Available | ||
| -- | None Available | ||
| $488,000 | Ctic | ||
| $397,000 | Centennial Title Incorporate | ||
| $265,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | -- | ||
| Previous Owner | $393,350 | ||
| Closed | $432,250 | ||
| Previous Owner | $244,000 | ||
| Previous Owner | $27,300 | ||
| Previous Owner | $322,700 | ||
| Previous Owner | $355,000 | ||
| Previous Owner | $357,300 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $735,000 | +5.2% | -- | |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- | |
| 07/30/2024 07/30/24 | For Sale | $699,000 | +53.6% | -- | |
| 12/04/2015 12/04/15 | Sold | $455,000 | -5.2% | -- | View Prior Sale |
| 10/27/2015 10/27/15 | Pending | -- | -- | -- | |
| 10/16/2015 10/16/15 | For Sale | $480,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax 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.
| 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 | $10,061 | $58,861 | $19,030 | $39,831 |
| 2024 | $10,061 | $58,861 | $19,030 | $39,831 |
| 2023 | $9,786 | $51,000 | $15,347 | $35,653 |
| 2022 | $9,786 | $51,000 | $15,347 | $35,653 |
| 2021 | $9,586 | $50,998 | $15,346 | $35,652 |
| 2020 | $8,829 | $42,735 | $6,548 | $36,187 |
| 2019 | $8,664 | $46,552 | $6,548 | $40,004 |
| 2018 | $8,517 | $46,552 | $6,548 | $40,004 |
| 2017 | $7,387 | $37,692 | $5,729 | $31,963 |
| 2016 | $7,549 | $37,692 | $5,729 | $31,963 |
| 2015 | $6,907 | $37,692 | $5,729 | $31,963 |
| 2014 | $7,769 | $41,875 | $4,680 | $37,195 |
| 2013 | $7,616 | $41,875 | $4,680 | $37,195 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Shin
-
Ian Schwartz
Seller Co-Listing Agent in 2024
Ian Schwartz
Coldwell Banker Realty
(860) 558-6836
9 in this area
184 Total Sales
-
N
Buyer's Agent in 2024
Non Member
NON MEMBER
-
D
Seller's Agent in 2015
David Watkins
Coldwell Banker Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11978606
APN: 14-20-324-045-1002
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.
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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