NOT LISTED FOR SALE

1955 W Melrose St Unit 3 Chicago, IL 60657

Roscoe Village Neighborhood

Estimated Value: $477,000 - $488,000

2 Beds
2 Baths
-- Sq Ft
$175/mo HOA Fee

Last Sold April 16, 2020

Last sale price $345,000

Est. 39% increase in value since last sale

Current estimated payment $3,266/month

1 Day on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Walk-In Pantry
  • Deck
  • Whirlpool Bathtub
  • 1-minute walk to Charles Fellger Park

About This Home

As of April 2020

RARE PENTHOUSE ON A SIDE STREET IN ROSCOE VILLAGE. METICULOUSLY MAINTAINED, SUPER BRIGHT (4 EXPOSURES) & HIGHLY UPGRADED ROSCOE VILLAGE 2BD/2BA STEPS TO ROSCOE, PARKS, ETC;GRAY CABS/GRANITE/SS EAT-IN ISLAND KITCHEN OPENS TO TRUE SEP DIN AREA & LR W/OVERSIZED FIREPLACE W/MARBLE SURROUND;STONE/MARBLE BATHS W/WHIRLPOOL IN MASTER;CUSTOM LIGHTING THROUGHOUT;PROFESSIONALLY ORGANIZED CLOSETS & ADD'L PRIVATE STORAGE IN BLDG;LARGE DECK W/HALLWAY ACCESS PERFECT FOR ENTERTAINING; IN-UNIT WASHER/DRYER & PARKING INCLUDED! FRESHLY PAINTED IN MODERN TONES. NEW APPLIANCES & FURNACE & KITCHEN RECENTLY REFINISHED! ADDITIONAL STORAGE CLOSET. PLEASE NOTE OWNER IS A LICENSED REAL ESTATE BROKER.

Last Agent to Sell the Property

Timothy Dannegger

Solid Realty Services Inc License #475137884 Listed on: 02/25/2020

Last Buyer's Agent

Rose Hoffmann

Baird & Warner License #471006249

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,580

Year Built

  • 2001

Lot Details

  • 3,006

HOA Fees

  • $175 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Block Exterior
  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Off Alley Driveway
  • Shared Driveway
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,580

Year Built

2001

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2001

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Deck, Dimensions: 11X10, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Block, Stone
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Shared, Off Alley
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Storage
  • Assessment Includes: Parking, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 175
  • Management Contact Name: Tim Dannegger
  • Management Phone: 773-991-3538

Fee Information

  • Management Company: 1955 W. Melrose Condo Association

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 14194320531003

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 1

Tax Info

  • Taxes: 3975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 13, 2020
Sold by
Cherry Tree Properties Llc
Bought by
Mcnamara Patrick and Zheng Zhiyang
Seller's Agent
Timothy Dannegger
Solid Realty Services Inc
Buyer's Agent
Rose Hoffmann
Baird & Warner
List Price
$359,999
Sold Price
$345,000
Premium/Discount to List
-$14,999
-4.17%
Current Estimated Value
$481,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,059
Avg. Annual Appreciation
6.21%
Original Mortgage
$310,500
Outstanding Balance
$276,196
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$204,863

Purchase Details

Closed on
Nov 12, 2015
Sold by
Dannegger Timothy J and Dannegger Jennifer K
Bought by
Cherry Tree Properties Llc

Purchase Details

Closed on
May 7, 2015
Sold by
Cherry Tree Properties Llc
Bought by
Dannegger Timothy John and Dannegger Jennifer Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2012
Sold by
Dannegger Timothy J and Dannegger Jennifer K
Bought by
Cherry Tree Properties Llc

Purchase Details

Closed on
Nov 19, 2011
Sold by
Cherry Tree Properties Llc
Bought by
Dannegger Timothy J and Dannegger Jennifer K

Purchase Details

Closed on
Oct 1, 2008
Sold by
Dannegger Timothy J and Dannegger Jennifer K
Bought by
Cherry Tree Properties Llc

Purchase Details

Closed on
Aug 8, 2008
Sold by
Dannegger Timothy and Dannegger Jennifer K
Bought by
Dannegger Timothy J and Dannegger Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Dannegger Timothy and Dannegger Jennifer K
Bought by
Dannegger Timothy and Dannegger Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2008
Sold by
Dannegger Timothy J and Dannegger Jennifer K
Bought by
Dannegger Timothy J and Dannegger Jennifer K

Purchase Details

Closed on
Aug 26, 2004
Sold by
Stigler Steve and Stigler Jayne
Bought by
Dannegger Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2001
Sold by
Ukam Builders Inc
Bought by
Stigler Steven and Stigler Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,650
Interest Rate
7.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Mcnamara Patrick $345,000 First American Title
Cherry Tree Properties Llc -- Attorney
Dannegger Timothy John -- Ct
Cherry Tree Properties Llc -- None Available
Dannegger Timothy J -- None Available
Cherry Tree Properties Llc -- None Available
Dannegger Timothy J -- None Available
Dannegger Timothy -- Republic Title Co
Dannegger Timothy J -- None Available
Dannegger Timothy $340,000 Ctic
Dannegger Timothy $340,000 Ctic
Stigler Steven $308,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Patrick $310,500
Previous Owner Dannegger Timothy John $237,000
Previous Owner Dannegger Timothy $253,000
Previous Owner Dannegger Timothy $272,000
Previous Owner Stigler Steven $246,650
Closed Stigler Steven $30,835
Closed Dannegger Timothy $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2020 04/16/20 Sold $345,000 -4.2% --
02/26/2020 02/26/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $359,999 0.0% --
10/01/2016 10/01/16 Rented $2,200 -10.2% --
09/13/2016 09/13/16 Price Changed $2,450 -5.8% $2 / Sq Ft
08/23/2016 08/23/16 For Rent $2,600 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $6,580 $34,747 $12,137 $22,610
2023 $6,393 $34,505 $9,788 $24,717
2022 $6,393 $34,505 $9,788 $24,717
2021 $6,269 $34,503 $9,787 $24,716
2020 $4,979 $22,350 $4,071 $18,279
2019 $4,930 $24,539 $4,071 $20,468
2018 $4,169 $24,539 $4,071 $20,468
2017 $3,975 $21,840 $3,601 $18,239
2016 $3,874 $21,840 $3,601 $18,239
2015 $3,521 $21,840 $3,601 $18,239
2014 $4,516 $26,907 $2,779 $24,128
2013 $4,415 $26,907 $2,779 $24,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10647479

Midwest Real Estate Data (MRED)

APN: 14-19-432-053-1003