NOT LISTED FOR SALE

607 W Melrose St Unit 3E Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $282,435 - $340,000

1 Bed
1 Bath
900 Sq Ft
5,532 Sq Ft Lot

Sale Details

Date Sold: July 15, 2019

Last sale price $235,000 $261 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,415 / mo

21 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Wood Burning Fireplace
  • Nettelhorst Elementary School Rated A-
  • Southern Exposure

About This Home

As of July 2019

LOVELY, LIGHT AND BRIGHT TOP FLOOR 1 BD CONDO IN EAST LAKEVIEW! FRESHLY PAINTED, NEW CARPET IN XTRA LARGE BDRM, NEW VANITY IN BATHROOM & NEW DISHWASHER IN KITCHEN. PROPERTY HAS IN UNIT WASHER & DRYER! LIVING ROOM HAS EXPOSED BRICK WALL, WB FP, & LARGE BAY WINDOW. SPACE FOR A DINING RM -PLENTY OF ROOM FOR ENTERTAINING! BLDG. HAS STORAGE, COMMON AREA FOR BBQ'S, BIKE ROOM AND COIN LAUNDRY IF NEEDED. FABULOUS LOCACTION! WALK TO BARS, SHOPS, RESTAURANTS AND THE LAKEFRONT! FARMER'S MARKET ON SATURDAYS RIGHT ACROSS THE STREET FROM THE PROPERTY! WELCOME HOME~

Last Agent to Sell the Property

Leigh Kogut

Jameson Sotheby's Intl Realty License #475129123 Listed on: 05/09/2019

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Jaclyn Hinton

Baird & Warner License #475177144

Baird & Warner

Property Details

Home Type

  • Condominium

Lot Details

  • 5,532

HOA Fees

  • $402 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Southern Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Lot Details

5,532 Sq Ft Lot

HOA Fees

$402 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Square Footage Comments: APPROXIMATE SQ. FOOTAGE
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 4
  • Living Room: Dimensions: 21X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 22X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 900

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), S (South)

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessed Sq Ft: 900
  • Assessment Association Fees: 402
  • Management Contact Name: KATHY MINNIEFIELD
  • Management Phone: 773-313-0025

Fee Information

  • Management Company: ROSEN MANAGEMENT SERVICES

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMOM
  • Parcel Identification Number: 14213130591008

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 2871.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 28, 2019
Sold by
Evers Michelle and Stauersboll Sue
Bought by
Peltekian Lisa
Seller's Agent
Leigh Kogut
Jameson Sotheby's Intl Realty
Buyer's Agent
Jaclyn Hinton
Baird & Warner
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Current Estimated Value
$314,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,609
Avg. Annual Appreciation
4.42%
Original Mortgage
$211,500
Outstanding Balance
$185,375
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$129,234

Purchase Details

Closed on
Aug 21, 2009
Sold by
Nelson Lori Kristine
Bought by
Evers Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Perenchio Anthony J
Bought by
Nelson Lori Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2001
Sold by
Fraser Keri A
Bought by
Perenchio Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.22%

Purchase Details

Closed on
Sep 23, 1998
Sold by
Eiseman Robert J
Bought by
Fraser Keri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
6.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peltekian Lisa $235,000 First American Title
Evers Michelle $240,000 Gmt
Nelson Lori Kristine $240,000 First American Title Ins Co
Perenchio Anthony J $164,000 Stewart Title
Fraser Keri A $99,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peltekian Lisa $211,500
Previous Owner Evers Michelle $228,000
Previous Owner Nelson Lori Kristine $192,000
Previous Owner Perenchio Anthony J $131,200
Previous Owner Fraser Keri A $89,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $235,000 -2.1% $261 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $240,000 -2.0% $267 / Sq Ft
05/09/2019 05/09/19 For Sale $245,000 0.0% $272 / Sq Ft
10/14/2016 10/14/16 Rented $1,550 0.0% --
09/30/2016 09/30/16 Price Changed $1,550 -6.1% --
09/07/2016 09/07/16 For Rent $1,650 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,008 $24,744 $8,718 $16,026
2024 $4,008 $24,744 $8,718 $16,026
2023 $3,908 $19,000 $7,031 $11,969
2022 $3,908 $19,000 $7,031 $11,969
2021 $3,820 $18,998 $7,030 $11,968
2020 $4,665 $20,943 $3,093 $17,850
2019 $3,912 $22,900 $3,093 $19,807
2018 $3,845 $22,900 $3,093 $19,807
2017 $2,872 $16,715 $2,718 $13,997
2016 $2,848 $16,715 $2,718 $13,997
2015 $2,582 $16,715 $2,718 $13,997
2014 $1,651 $11,468 $2,226 $9,242
2013 $1,608 $11,468 $2,226 $9,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10373998

Midwest Real Estate Data (MRED)

APN: 14-21-313-059-1008

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