Seller's Agent in 2017
Vikas Wadhwa
Urban Living Properties, LLC
(312) 878-6464
4 in this area
92 Total Sales
Lakeview Park Place 508 W Melrose St Unit 2D Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $495,000 - $662,000
2
Beds
2
Baths
1,654
Sq Ft
$398/mo
HOA Fee
Highlights
- Landscaped Professionally
- Wood Flooring
- Stainless Steel Appliances
- Nettelhorst Elementary School Rated A-
- Whirlpool Bathtub
- Balcony
About This Home
As of March 2017Bright & airy 2BR/2BA unit with spacious floor plan and large south facing balcony in preferred tier overlooking treelined Melrose Street. Elevator building with indoor garage parking included. Unit features split bedroom floor plan, fireplace, hardwood floors throughout, en suite master bedroom with a large master bath and walk-in closet. Open concept living / dining / kitchen with SS appliances, granite countertops, & island. Large balcony off living room great for grilling. Steps to Lakefront, Lakeview Athletic Club, new Marianos grocery store, Intelligentsia coffee, and boutiques on Broadway. Seasonal farmers market just a block away.
Last Agent to Sell the Property
Urban Living Properties, LLC License #471008085 Listed on: 01/06/2017
Last Buyer's Agent
@properties Christie's International Real Estate License #475121688
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,235
Year Built
- 2002
Lot Details
- Southern Exposure
- Landscaped Professionally
HOA Fees
- $398 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Rubber Roof
- Limestone
Interior Spaces
- Ventless Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Storage
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Balcony
- City Lot
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Amenities
- Common Area
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 7, 2020
Sold by
Bressler Terrel G and Bressler Sheila J
Bought by
Bressler Terrel Guy and Terrel Guy Bressler Trust
Current Estimated Value
Purchase Details
Listed on
Jan 6, 2017
Closed on
Mar 21, 2017
Sold by
Shifrin Jonah Benjamin and Schwartz Ariel Beth
Bought by
Bressler Terrel G and Bressler Sheila J
Seller's Agent
Vikas Wadhwa
Urban Living Properties, LLC
Buyer's Agent
Gregory Desmond
@properties Christie's International Real Estate
List Price
$559,000
Sold Price
$555,000
Premium/Discount to List
-$4,000
-0.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$150,000
Outstanding Balance
$122,909
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$461,353
Purchase Details
Closed on
Jun 26, 2008
Sold by
Mohan Manoj and Mohan Kamal
Bought by
Schwartz Ariel and Shifrin Jonah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.5%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bressler Terrel Guy | -- | Attorney | |
| Bressler Terrel G | $555,000 | Attorneys Title Guaranty Fun | |
| Schwartz Ariel | $485,000 | Ticor Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bressler Terrel G | $150,000 | |
| Previous Owner | Schwartz Ariel | $388,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2017 03/24/17 | Sold | $555,000 | -0.7% | $336 / Sq Ft |
| 01/31/2017 01/31/17 | Pending | -- | -- | -- |
| 01/06/2017 01/06/17 | For Sale | $559,000 | -- | $338 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,235 | $44,019 | $3,387 | $40,632 |
| 2023 | $7,989 | $45,000 | $2,732 | $42,268 |
| 2022 | $7,989 | $45,000 | $2,732 | $42,268 |
| 2021 | $7,843 | $44,999 | $2,731 | $42,268 |
| 2020 | $7,672 | $37,542 | $1,802 | $35,740 |
| 2019 | $7,572 | $41,119 | $1,802 | $39,317 |
| 2018 | $7,444 | $41,119 | $1,802 | $39,317 |
| 2017 | $6,893 | $35,394 | $1,584 | $33,810 |
| 2016 | $6,589 | $35,394 | $1,584 | $33,810 |
| 2015 | $6,005 | $35,394 | $1,584 | $33,810 |
| 2014 | $5,198 | $30,582 | $1,297 | $29,285 |
| 2013 | $5,084 | $30,582 | $1,297 | $29,285 |
Source: Public Records
Agents Affiliated with this Home
-
Vikas Wadhwa
-
Gregory Desmond
Buyer's Agent in 2017
Gregory Desmond
@ Properties
(773) 251-1375
7 in this area
115 Total Sales
About Lakeview Park Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09471655
APN: 14-21-312-055-1003
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