NOT LISTED FOR SALE

1951 W Melrose St Unit 2 Chicago, IL 60657

Roscoe Village Neighborhood

Estimated Value: $456,114 - $601,000

2 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot Lot

Sale Details

Date Sold: June 14, 2016

Last sale price $380,000

Est. 37% increase in value since last sale

Current estimated payment $3,446 / mo

4 Days on Market

About This Home

As of June 2016

This home is located at 1951 W Melrose St Unit 2, Chicago, IL 60657 since 21 April 2016 and is currently estimated at $520,029. This property was built in 2003. 1951 W Melrose St Unit 2 is a home located in Cook County with nearby schools including Jahn School of Fine Arts, Lake View High School, and Saint Luke Academy.

Last Agent to Sell the Property

Ryan Green

Baird & Warner License #475163363 Listed on: 04/21/2016

Baird & Warner

Last Buyer's Agent

Ryan Green

Baird & Warner License #475163363 Listed on: 04/21/2016

Baird & Warner

Property Details

Home Type

  • Condominium

Year Built

  • 2003

Lot Details

  • 3,006

HOA Fees

  • $150 per month

Home Design

  • Brick Exterior Construction
  • Block Exterior

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2003

Lot Details

3,006 Sq Ft Lot

HOA Fees

$150 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2003
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2003

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X22, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X4, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick, Block

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Security System, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 150
  • Management Contact Name: Mike
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: self managed

Schools

  • Junior High Dist: 299

Lot Info

  • Parcel Identification Number: 14194320541002

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 3

Tax Info

  • Taxes: 5643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jun 13, 2016
Sold by
Atkins Mary A and Verissimo Michael V
Bought by
Jacka Jonathan Mark and Jacka Meghan Allison
Seller's Agent
Ryan Green
Baird & Warner
Buyer's Agent
Ryan Green
Baird & Warner
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$520,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,029
Avg. Annual Appreciation
3.24%
Original Mortgage
$361,000
Outstanding Balance
$289,009
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$231,020

Purchase Details

Listed on
Aug 12, 2012
Closed on
Dec 21, 2012
Sold by
Zeledon Nazira
Bought by
Verissimo Michael V and Atkins Mary A
Seller's Agent
Tom Rice
Coldwell Banker Realty
Buyer's Agent
Stratos Rounis
SR Realty Group Inc.
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$232,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Brown & Stasinski Inc
Bought by
Zeledon Nazira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.4%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jacka Jonathan Mark $380,000 Old Republic National Title
Verissimo Michael V $290,000 North National Title
Zeledon Nazira $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacka Jonathan Mark $361,000
Previous Owner Verissimo Michael V $232,000
Previous Owner Zeledon Nazira $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2016 06/14/16 Sold $380,000 0.0% --
04/25/2016 04/25/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $380,000 +31.0% --
12/21/2012 12/21/12 Sold $290,000 -1.7% $290 / Sq Ft View Prior Sale
10/08/2012 10/08/12 Pending -- -- --
08/12/2012 08/12/12 For Sale $295,000 -- $295 / 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 $6,697 $34,602 $12,090 $22,512
2024 $6,697 $34,602 $12,090 $22,512
2023 $8,022 $31,741 $9,750 $21,991
2022 $8,022 $39,000 $9,750 $29,250
2021 $7,843 $39,000 $9,750 $29,250
2020 $6,150 $27,605 $4,056 $23,549
2019 $6,089 $30,308 $4,056 $26,252
2018 $5,987 $30,308 $4,056 $26,252
2017 $6,243 $28,999 $3,588 $25,411
2016 $5,808 $28,999 $3,588 $25,411
2015 $5,314 $28,999 $3,588 $25,411
2014 $4,843 $26,100 $2,769 $23,331
2013 $5,066 $27,854 $2,769 $25,085
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Green

    Baird & Warner

    (708) 912-4072

    1 in this area

    40 Total Sales

    Ryan Green
    Section Image
  • Tom Rice

    Seller's Agent in 2012

    Tom Rice

    Coldwell Banker Realty

    (773) 230-3246

    3 Total Sales

    Tom Rice
    Section Image

  • S

    Buyer's Agent in 2012

    Stratos Rounis

    SR Realty Group Inc.

    (847) 878-1610

    1 in this area

    296 Total Sales

    Stratos Rounis
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09202815

Midwest Real Estate Data (MRED)

APN: 14-19-432-054-1002

Illinois Cook County Chicago 60618 Roscoe Village

1951 W Melrose St Unit 2, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.