NOT LISTED FOR SALE

505 W Melrose St Unit 309 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $130,000 - $162,000

-- Bed
-- Bath
-- Sq Ft
10,542 Sq Ft Lot

About This Home

This home is located at 505 W Melrose St Unit 309, Chicago, IL 60657 and is currently estimated at $150,192. 505 W Melrose St Unit 309 is a home located in Cook County with nearby schools including Nettelhorst Elementary School, Lake View High School, and Chicago City Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Hosu Tiberiu and Hosu Convalaria
Bought by
Langdon Melrose Llc
Current Estimated Value
$150,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,350,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 9, 2000
Sold by
Greatbanc Trust Company
Bought by
Hosu Tiberiu and Hosu Convalaria
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Langdon Melrose Llc $127,500 None Listed On Document
Hosu Tiberiu $37,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langdon Melrose Llc $6,350,000
Source: Public Records

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 $2,057 $12,880 $2,256 $10,624
2023 $2,005 $9,750 $1,820 $7,930
2022 $2,005 $9,750 $1,820 $7,930
2021 $1,960 $9,749 $1,819 $7,930
2020 $1,338 $6,006 $1,200 $4,806
2019 $1,322 $6,579 $1,200 $5,379
2018 $1,300 $6,579 $1,200 $5,379
2017 $1,232 $5,724 $1,055 $4,669
2016 $1,146 $5,724 $1,055 $4,669
2015 $1,049 $5,724 $1,055 $4,669
2014 $1,271 $6,851 $864 $5,987
2013 $1,246 $6,851 $864 $5,987
Source: Public Records

Map

Illinois Cook County Chicago 60657 Lakeview East

505 W Melrose St Unit 309, Chicago, IL

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