NOT LISTED FOR SALE

457 W Melrose St Unit 3 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $751,000 - $1,595,473

4 Beds
3.5 Baths
2,700 Sq Ft
$350/mo HOA Fee

Last Sold April 06, 2022

Last sale price $1,350,000 $500 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,673/month

21 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Terrace
  • Nettelhorst Elementary School Rated A-
  • Steam Shower
  • Stainless Steel Appliances

About This Home

As of April 2022

Enjoy this rare find - Extra wide 4 bedroom + Office all on one level! Boutique 4 unit building with direct elevator access to your unit. Just a half block from the Lake, this newer construction all brick building has all the modern finishes - oak hardwood floors, custom millwork, built-out closets, and crown molding throughout. The wide open layout features a spectacular kitchen with oversized Island and professional grade appliances. Separate dining room and walk-through butler pantry. The master en-suite comes with a large dual vanity, soaking tub, and a luxurious steam shower. Additional bedrooms are all generous in size including a super guest bedroom with en-suite. For outdoor space take advantage of the walk out terrace right off the family room! One parking space included in the attached heated garage.

Last Agent to Sell the Property

Owen Duffy

Fulton Grace Realty License #475125711 Listed on: 01/19/2022

Fulton Grace Realty

Last Buyer's Agent

Olga Askin

Berkshire Hathaway HomeServices Chicago License #475178192

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,405

Year Built

  • Built in 2017

Lot Details

  • 5,881

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 4 Units

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,405

Year Built

Built in 2017

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2017
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Elevator, Hardwood Floors, Heated Floors, Storage, Walk-In Closet(s), Ceiling - 10 Foot
  • LivingArea: 2700
  • Room Type: Foyer, Terrace
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 1399000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 350
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 26405.27
  • Tax Year: 2020

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 31, 2022
Sold by
Fox William R and Fox Coral
Bought by
Diab Kenan and Mcgough Lauren
Seller's Agent
Owen Duffy
Fulton Grace Realty
Buyer's Agent
Olga Askin
Berkshire Hathaway HomeServices Chicago
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Current Estimated Value
$1,324,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,132
Avg. Annual Appreciation
-0.53%
Original Mortgage
$1,080,000
Outstanding Balance
$995,430
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$329,438

Purchase Details

Closed on
Sep 22, 2020
Sold by
Chan Denise and Fox James
Bought by
Fox William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 5, 2016
Sold by
Heffernan Builders Llc
Bought by
Chan Denise
Seller's Agent
Patrick Santry
Coldwell Banker Realty
Buyer's Agent
Owen Duffy
Fulton Grace Realty
List Price
$1,425,000
Sold Price
$1,400,000
Premium/Discount to List
-$25,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%
Original Mortgage
$1,120,000
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Diab Kenan $1,350,000 None Listed On Document
Diab Kenan -- --
Fox William R $1,500,000 Old Republic Title
Chan Denise $1,400,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diab Kenan $1,080,000
Previous Owner Fox William R $1,200,000
Previous Owner Chan Denise $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $1,350,000 -3.5% $500 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $1,399,000 -1.8% $518 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $1,425,000 +1.8% $475 / Sq Ft
12/06/2016 12/06/16 Sold $1,400,000 -- $467 / Sq Ft View Prior Sale
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 $28,483 $135,001 $18,558 $116,443
2023 $27,767 $135,001 $14,966 $120,035
2022 $27,767 $135,001 $14,966 $120,035
2021 $31,772 $157,999 $14,965 $143,034
2020 $26,405 $118,532 $9,877 $108,655
2019 $26,083 $129,824 $9,877 $119,947
2018 $25,645 $129,824 $9,877 $119,947
2017 $30,132 $139,972 $8,680 $131,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11307005

Midwest Real Estate Data (MRED)

APN: 14-21-314-064-1003