NOT LISTED FOR SALE

637 W Melrose St Unit 3 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $1,076,179 - $1,104,000

3 Beds
3 Baths
2,900 Sq Ft
$225/mo HOA Fee

Last Sold April 09, 2015

Last sale price $1,260,000 $434 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $7,223/month

38 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Stainless Steel Appliances
  • Nettelhorst Elementary School Rated A-
  • Steam Shower
  • Balcony

About This Home

As of April 2015

OVERSIZED NEW CONSTRUCTION IN EAST LAKEVIEW! STUNNING 2900SF DUP UP FEATURES A DESIGNER CREATED CONTEMPORARY INTERIOR W/ 3ED/2.1BTH&5OUTDOORSPACES,2FIREPLACES, OVERSIZED KITCH W/ WENGE CABS,SUBZERO,WOLF,BOSCH,GROHE,QUARTZ,BUTLER PANTRY,BEV FRIDGE, BATH: QUARTZ,STEAM,RAINHEAD,BODYSPRAYS, HEATED FLRS CUSTOM WALKIN CLOSETS/BUILTIN DRESSERS. WIRED FOR SOUND 1GARAGE PARKING W/EXTERIOR PARKING PAD FOR 2ND CAR

Last Agent to Sell the Property

Tim Sheahan

Compass License #475145058 Listed on: 01/27/2015

Compass

Co-Listed By

Bridget Sheahan

Compass License #475132962

Last Buyer's Agent

Beth Babcock

@properties Christie's International Real Estate License #475126891

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,130

Year Built

  • 2015

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $225 per month

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Aluminum Siding
  • Limestone

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Storage

Kitchen

  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,130

Year Built

2015

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2015
  • Type Attached: 1/2 Duplex, Condo, Low Rise (1-3 Stories)
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 27X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 18X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Deck, Balcony
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 18X6, On Level: Main Level
  • Additional Room 2 Name: Deck, Dimensions: 14X10, On Level: Main Level
  • Bedroom 2: Dimensions: 15X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Balcony, Dimensions: 18X13, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2900
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 18X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick, Limestone
  • Roof Type: Rubber
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: N (North), S (South), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Developer Controls
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Snow Removal
  • Assessment Association Fees: 225
  • Management Contact Name: Bridget Sheahan
  • Management Phone: 773-988-3159

Fee Information

  • Management Company: Developer

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 157.24
  • Parcel Identification Number: 14213130270000

Multi Family

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

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2015
Closed on
Apr 9, 2015
Sold by
Magnum Homes Llc
Bought by
Parker Daniel and Tremblay Maude
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
Beth Babcock
@properties Christie's International Real Estate
List Price
$1,299,000
Sold Price
$1,260,000
Premium/Discount to List
-$39,000
-3%
Current Estimated Value
$1,086,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,607
Avg. Annual Appreciation
-1.83%
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
Parker Daniel $1,260,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $1,260,000 -3.0% $434 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $1,299,000 -- $448 / 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 $15,130 $103,552 $28,367 $75,185
2023 $16,577 $75,027 $22,877 $52,150
2022 $16,577 $84,016 $22,877 $61,139
2021 $17,227 $88,999 $22,876 $66,123
2020 $23,460 $108,412 $10,065 $98,347
2019 $24,641 $126,077 $10,065 $116,012
2018 $27,526 $142,783 $10,065 $132,718
2017 $26,322 $125,650 $8,845 $116,805
2016 $25,166 $125,650 $8,845 $116,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08825206

Midwest Real Estate Data (MRED)

APN: 14-21-313-073-1003