NOT LISTED FOR SALE

Estimated Value: $347,000 - $379,000

1 Bed
1 Bath
675 Sq Ft
1961 Built

Last Sold April 25, 2014

Last sale price $154,055 $228 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,010/month

32 Days on Market

Highlights

  • Medical Services
  • No Units Above
  • Main Floor Primary Bedroom
  • Roosevelt Elementary School Rated A
  • Property is near public transit
  • Community Pool

About This Home

As of April 2014

MELROSE TOWERS. TOP FLOOR. NEWER APPLIANCES. 2 POOLS, ONE INDOOR WITH SOLARIUM, LOCATED IN UNIT BUILDING AND ONE OUTDOOR. TENNIS COURT. EXTRA STORAGE IN HALLWAY OUTSIDE UNIT. CONVENIENT TO TRANSPORTATION AND SHOPPING.THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 5% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE FINANCING AND HOMEPATH RENOVATION MORTGAGE FINANCING. PROPERTY SOLD 'AS IS'.

Last Agent to Sell the Property

Melody Roloff

Kody & Company, Inc. Listed on: 01/27/2014

Last Buyer's Agent

Susan Carlino

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1961

Home Design

  • Garden Home

Interior Spaces

  • 675 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement
  • Intercom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony
  • No Units Above
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:C11 P:0073A7C,658806

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal
  • 165 Units
  • Melrose Towers Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,909

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1961
  • Buyer Agency: 3
  • Buyer Agency Type: %
  • Entry Level: 7
  • Transaction Broker: 3
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: 20
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: First
  • Living Area: 675
  • Stories Total: 1
  • MAIN LO: NB4126
  • LIST PRICE PER Sq Ft: 244.3
  • PRICE PER Sq Ft: 228.23
  • MAIN SO: AC2354

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: No One Above
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Laundry, Elevator(s), Tennis Court(s), Storage
  • Association Fee: 296
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility
  • UNIT BUILDING: 7C
  • MANAGEMENT: Professional - On Site, Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:C11 P:0073A7C,658806
  • Zoning: URC
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 112

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1909
  • Tax Book Number: 31837

Multi Family

  • Number Of Units Total: 165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2014
Closed on
Apr 25, 2014
Sold by
Fnma
Bought by
Brooks Ann M
Seller's Agent
Melody Roloff
Kody & Company, Inc.
Buyer's Agent
Susan Carlino
RE/MAX Andrew Realty Services
List Price
$164,900
Sold Price
$154,055
Premium/Discount to List
-$10,845
-6.58%
Current Estimated Value
$366,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,509
Avg. Annual Appreciation
7.77%
Original Mortgage
$138,645
Outstanding Balance
$107,898
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$251,049

Purchase Details

Listed on
Jan 27, 2014
Closed on
Apr 3, 2014
Sold by
Leary Michael J
Bought by
Federal National Mortgage Association
Seller's Agent
Melody Roloff
Kody & Company, Inc.
Buyer's Agent
Susan Carlino
RE/MAX Andrew Realty Services
List Price
$164,900
Sold Price
$154,055
Premium/Discount to List
-$10,845
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,645
Outstanding Balance
$107,898
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$251,049

Purchase Details

Closed on
Sep 19, 2000
Sold by
Franklin George J and Franklin Christina A
Bought by
Leary Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,300
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
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
Brooks Ann M $154,055 --
Federal National Mortgage Association $139,321 --
Leary Michael J $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Ann M $138,645
Previous Owner Leary Michael J $119,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $154,055 -6.6% $228 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $164,900 -- $244 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $33 $335,000 $0 $335,000
2024 $3,234 $325,700 $0 $325,700
2023 $3,355 $322,000 $0 $322,000
2022 $3,267 $309,100 $0 $309,100
2021 $3,116 $284,600 $0 $284,600
2020 $3,145 $284,600 $0 $284,600
2019 $2,690 $248,800 $0 $248,800
2018 $2,050 $180,900 $0 $180,900
2017 $1,815 $153,800 $0 $153,800
2016 $1,922 $155,900 $0 $155,900
2015 $1,836 $141,700 $0 $141,700
2014 $1,778 $133,900 $0 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71626873

MLS Property Information Network (MLS PIN)

APN: MELR-000011C-000000-000073A-000007C