NOT LISTED FOR SALE

517 W Menomonee St Unit 1B Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $974,588 - $1,636,000

3 Beds
3 Baths
2,700 Sq Ft
$458/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $999,900 $370 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,923/month

178 Days on Market

Highlights

  • Whirlpool Bathtub
  • Formal Dining Room
  • Central Air
  • Abraham Lincoln Elementary School Rated A-
  • Stainless Steel Appliances
  • 1-minute walk to Hudson Chess Park

About This Home

As of October 2013

Luxury townhome in Old Town! Feels like SFH with 4 levels in move-in condition. High-end ss appls, granite counters, Pella windows, surround sound, built-ins. Great fireplace in living rm. Large master suite has huge closets w/adj. office & wet bar and deck with fabulous skyline views. Master bath has double sink, sep. shower & whirlpool. 3 deck areas. 2 car garage w/2 guest spots. Lincoln school district!

Last Agent to Sell the Property

Nancy McAdam

Jameson Sotheby's Intl Realty License #475105499 Listed on: 02/15/2013

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Janet Joseph

@properties Christie's International Real Estate License #475121686

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $14,486

Year Built

  • 1891

Lot Details

  • 2,875

HOA Fees

  • $134 per month

Parking

  • Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Cedar

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

  • Lincoln Elementary School
  • Lincoln Park High School

Additional Features

  • Formal Dining Room
  • Central Air

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$14,486

Year Built

1891

Lot Details

0

HOA Fees

$134 per month

Parking

2

Listing Details

  • Unit Floor Number: 1
  • Special Features: None
  • Stories: 4
  • Year Built: 1891

Interior Features

  • Total # Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Type/Details: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Master Bedroom Level: 4th Level
  • Master Bedroom Size: 19X13
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 3rd Level
  • Second Bedroom Size: 19X13
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 3rd Level
  • Third Bedroom Size: 19X12
  • Third Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Living Room Level: 2nd Level
  • Living Room Size: 19X18
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: 2nd Level
  • Dining Room Size: 15X10
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 18X14
  • Family Room Flooring: Ceramic Tile
  • Kitchen Level: 2nd Level
  • Kitchen Size: 15X09
  • Kitchen Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Frame, Brick, Cedar

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 3
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 134

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Lincoln Park High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: LESS THAN .25 ACRES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2013
Closed on
Sep 19, 2013
Sold by
Bassetto Marco and Denardi Mariacristina De
Bought by
Calabrese Anthony M and Calabrese Barbara M
Seller's Agent
Nancy McAdam
Jameson Sotheby's Intl Realty
Buyer's Agent
Janet Joseph
@properties Christie's International Real Estate
List Price
$1,049,000
Sold Price
$999,900
Premium/Discount to List
-$49,100
-4.68%
Current Estimated Value
$1,236,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,629
Avg. Annual Appreciation
1.79%
Original Mortgage
$700,000
Outstanding Balance
$511,212
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$725,317

Purchase Details

Closed on
May 8, 2006
Sold by
Mcdermott Gary P
Bought by
Bassetto Marco and Denardi Maria Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 2003
Sold by
Garcia Gerardo T and Odren David E B
Bought by
Mcdermott Gary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 1997
Sold by
Lewis Matthew C and Duntley Cynthia E
Bought by
Garcia Gerardo T and Odren David E B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.37%

Purchase Details

Closed on
May 1, 1995
Sold by
Ovendorf Shap John and Ovendorf Shap Karen
Bought by
Lewis Matthew C and Duntley Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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Average Value
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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
Calabrese Anthony M $1,000,000 Chicago Title Insurance Comp
Bassetto Marco $984,500 Ct
Mcdermott Gary P $800,000 Chicago Title Insurance Comp
Garcia Gerardo T $286,000 Chicago Title Insurance Co
Lewis Matthew C $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calabrese Anthony M $700,000
Previous Owner Bassetto Marco $417,000
Previous Owner Mcdermott Gary P $640,000
Previous Owner Garcia Gerardo T $250,000
Previous Owner Lewis Matthew C $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2013 10/18/13 Sold $999,900 -2.4% $370 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/09/2013 07/09/13 Price Changed $1,025,000 -2.3% $380 / Sq Ft
06/23/2013 06/23/13 For Sale $1,049,000 0.0% $389 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
04/19/2013 04/19/13 Price Changed $1,049,000 -4.5% $389 / Sq Ft
02/15/2013 02/15/13 For Sale $1,099,000 -- $407 / Sq Ft
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 $14,486 $70,720 $20,775 $49,945
2023 $14,100 $71,973 $16,754 $55,219
2022 $14,100 $71,973 $16,754 $55,219
2021 $13,803 $71,971 $16,753 $55,218
2020 $22,794 $105,422 $14,743 $90,679
2019 $22,315 $114,496 $14,743 $99,753
2018 $21,938 $114,496 $14,743 $99,753
2017 $20,798 $99,991 $12,062 $87,929
2016 $19,527 $99,991 $12,062 $87,929
2015 $17,842 $99,991 $12,062 $87,929
2014 $16,828 $93,268 $9,047 $84,221
2013 $16,485 $93,268 $9,047 $84,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08271860

Midwest Real Estate Data (MRED)

APN: 14-33-318-066-1004