Seller's Agent in 2020
Steven Sims
@ Properties
(847) 567-9000
2 in this area
36 Total Sales
Lakeview Park Place 508 W Melrose St Unit PHE Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $1,415,018 - $1,596,000
3
Beds
4
Baths
3,491
Sq Ft
$1,079/mo
HOA Fee
Highlights
- Whirlpool Bathtub
- Home Office
- Attached Garage
- Nettelhorst Elementary School Rated A-
- Stainless Steel Appliances
- Kitchen Island
About This Home
As of December 2020EAST LAKEVIEW ELEGANCE IN BOUTIQUE ELEVATED BUILDING. ONE OF A KIND STUNNING LAKEVIEW PENTHOUSE WITH FANTASTIC VIEWS FROM BOTH TERRACES. BEAUTIFUL QUIET TREE-LINED STREET. THIS HOME WAS TAKEN TO THE NEXT LEVEL WITH TOP END FINISHES. TWO WOOD BURNING FIREPLACES, HARDWOOD FLOORS THROUGHOUT, 4 SKYLIGHTS, LARGE LIBRARY, CUSTOM BUILT-IN ENTERTAINMENT CENTER WITH AMPLE STORAGE, SPEAKERS IN MAIN LIVING AREAS. CHEFS KITCHEN W/EXTRA LARGE ISLAND AND THERMADOR APPLIANCES INCLUDING WINE COOLER, DESIGNER BACK-SPLASH, UNDER CABINET LIGHTING & NICE PANTRY. SPACIOUS GRAND MASTER SUITE FEATURES A LARGE BATH WITH DUAL VANITY, SOAKING TUB, SEPARATE SHOWER & A TOTO NEO AUTO COMMODE. IMPRESSIVE CLOSET SPACE THROUGHOUT. LARGE SECOND AND THIRD BEDROOMS WITH EN SUITE BATHROOMS. ADDITIONAL BONUS ROOM FOR PRIVATE OFFICE. EXTRA HIGH CEILINGS THROUGHOUT. LAUNDRY ROOM WITH SIDE BY SIDE WASHER & DRYER. WONDERFUL NATURAL LIGHT. GAS LINE ON FRONT TERRACE FOR GRILL. FITNESS ROOM IN THE BUILDING AND STORAGE LOCKER ON THE SAME FLOOR INCLUDED. TWO HEATED SIDED BY SIDE GARAGE PARKING SPACES #15 & #16. ADDITIONAL STORAGE IN FRONT OF PARKING SPACE CAGE 8' WIDE X 3' DEEP X 8' HIGH. CONVENIENCE OF ONE-LEVEL LIVING SITUATED ON A BEAUTIFUL TREE LINED STREET CLOSE TO THE LAKE/BELMONT HARBOR, RESTAURANTS, SHOPS, FARMER'S MARKET ON BROADWAY, NUMEROUS PARKS AND HIGHLY RATED NETTLEHORST ELEMENTARY SCHOOL.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475128620 Listed on: 07/21/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $25,885
Year Built
- 2004
Lot Details
- 10,106
HOA Fees
- $1,079 per month
Parking
- Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Concrete Siding
Interior Spaces
- Wood Burning Fireplace
- Home Office
- Library
Kitchen
- High End Refrigerator
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
Additional Features
- North or South Exposure
- Southern Exposure
- Property is near a bus stop
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2020
Closed on
Dec 23, 2020
Sold by
Lavin Mark D
Bought by
Harriett Family Declaration Of Trust
Seller's Agent
Steven Sims
@properties Christie's International Real Estate
Buyer's Agent
Nicole Hajdu
Baird & Warner
List Price
$1,475,000
Sold Price
$1,225,000
Premium/Discount to List
-$250,000
-16.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,509
Avg. Annual Appreciation
4.36%
Original Mortgage
$980,000
Outstanding Balance
$870,921
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$634,588
Purchase Details
Closed on
Jun 12, 2018
Sold by
Herbeck Edward L and Herbeck Eddie
Bought by
Herbeck Edward L and Edward L Herbeck Iii Revocable Trust
Purchase Details
Closed on
May 26, 2011
Sold by
Rand Debbie
Bought by
Lavin Mark D and The Mark D Lavin Revocable Trust
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 |
|---|---|---|---|
| Harriett Family Declaration Of Trust | $1,225,000 | Proper Title Llc | |
| Herbeck Edward L | -- | Attorney | |
| Herbeck Edward L | -- | Attorney | |
| Lavin Mark D | $1,160,000 | Fatic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harriett Family Declaration Of Trust | $980,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/28/2020 12/28/20 | Sold | $1,225,000 | -5.7% | $351 / Sq Ft |
| 10/07/2020 10/07/20 | Pending | -- | -- | -- |
| 09/10/2020 09/10/20 | Price Changed | $1,299,000 | -6.2% | $372 / Sq Ft |
| 08/03/2020 08/03/20 | Price Changed | $1,385,000 | -6.1% | $397 / Sq Ft |
| 07/21/2020 07/21/20 | For Sale | $1,475,000 | -- | $423 / 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 | $25,885 | $119,016 | $9,158 | $109,858 |
| 2023 | $25,916 | $126,000 | $7,385 | $118,615 |
| 2022 | $25,916 | $126,000 | $7,385 | $118,615 |
| 2021 | $25,337 | $125,999 | $7,385 | $118,614 |
| 2020 | $21,921 | $101,505 | $4,874 | $96,631 |
| 2019 | $21,648 | $111,176 | $4,874 | $106,302 |
| 2018 | $21,282 | $111,176 | $4,874 | $106,302 |
| 2017 | $19,874 | $95,696 | $4,283 | $91,413 |
| 2016 | $18,667 | $95,696 | $4,283 | $91,413 |
| 2015 | $17,055 | $95,696 | $4,283 | $91,413 |
| 2014 | $14,865 | $82,688 | $3,508 | $79,180 |
| 2013 | $14,561 | $82,688 | $3,508 | $79,180 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Sims
-
Nicole Hajdu
Buyer's Agent in 2020
Nicole Hajdu
Baird & Warner
(773) 727-2199
6 in this area
360 Total Sales
About Lakeview Park Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10747894
APN: 14-21-312-055-1020
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