NOT LISTED FOR SALE

652 W Melrose St Unit 1 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $424,000 - $590,000

2 Beds
2 Baths
-- Sq Ft
$365/mo HOA Fee

Last Sold January 17, 2020

Last sale price $270,000

Est. 77% increase in value since last sale

Current estimated payment $3,600/month

194 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathroom on Main Level
  • Nettelhorst Elementary School Rated A-
  • Main Floor Bedroom
  • Property is near a bus stop

About This Home

As of January 2020

Spacious Duplex Down in Heart of East Lakeview... Walking Distance to Nettlehorst School. Close to Dining, Shopping, Lake, Parks!! Fireplace. H/W Floors. 2-Bedrooms on Main Level and 2-Additional Bedrooms on Lower Level. Private Deck Out Back. Bay Window with Great Lighting in the Front Room. Condo Needs Work!!! Priced to Sell.

Last Agent to Sell the Property

Heather Keller

Keller Williams Inspire License #475120604 Listed on: 03/26/2019

Keller Williams Inspire

Last Buyer's Agent

Dee Savic

Dream Town Real Estate License #471015044

Dream Town Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,590

Year Built

  • 1920

Lot Details

  • 2,919

HOA Fees

  • $365 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • Central Air
  • Baseboard Heating

Additional Features

  • Wood Flooring
  • Washer and Dryer Hookup
  • Deck
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,590

Year Built

1920

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Freezer, Disposal
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 16X10, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Deck, Dimensions: 10X06, On Level: Main Level
  • Bedroom 2: Dimensions: 16X12, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance, Scavenger
  • Assessment Association Fees: 365
  • Management Contact Name: Self managed
  • Management Phone: 608-332-0768

Fee Information

  • Management Company: Self managed

Schools

  • School District: 299
  • Elementary School: Nettelhorst Elementary School
  • Middle School: Nettelhorst Elementary School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14213110641001

Multi Family

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

Tax Info

  • Taxes: 8774.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Laplaca Mario V
Bought by
Laplaca Mario V and Kassing Joshua E
Total Days on Market
194
Current Estimated Value
$478,502

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jan 17, 2020
Sold by
Kaiser Elleen M
Bought by
Lapiaca Mario V
Seller's Agent
Heather Keller
Keller Williams Inspire
Buyer's Agent
Dee Savic
Dream Town Real Estate
List Price
$419,900
Sold Price
$270,000
Premium/Discount to List
-$149,900
-35.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$256,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Karakuz Vladimir
Bought by
Kaiser Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 2004
Sold by
Weinstein Lisa
Bought by
Karakuz Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Ransom Carey K
Bought by
Weinstein Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
4.87%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Kalet Welch Sydne
Bought by
Ransom Carey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.43%
Source: Public Records

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Range of Values:

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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
Laplaca Mario V -- None Listed On Document
Lapiaca Mario V $270,000 Attorney
Kaiser Eileen M $390,000 Cti
Karakuz Vladimir $360,000 Chicago Title Insurance Comp
Weinstein Lisa $327,000 --
Ransom Carey K $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laplaca Mario V $253,000
Previous Owner Lapiaca Mario V $256,500
Previous Owner Kaiser Eileen M $408,000
Previous Owner Kaiser Eileen M $394,000
Previous Owner Kaiser Eileen M $312,000
Previous Owner Kaiser Eileen M $78,000
Previous Owner Karakuz Vladimir $320,000
Previous Owner Karakuz Vladimir $40,000
Previous Owner Karakuz Vladimir $288,000
Previous Owner Weinstein Lisa $261,500
Previous Owner Weinstein Lisa $261,600
Previous Owner Ransom Carey K $175,000
Previous Owner Ransom Carey K $50,000
Previous Owner Ransom Carey K $77,000
Closed Weinstein Lisa $49,050
Closed Karakuz Vladimir $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $270,000 -16.9% --
10/06/2019 10/06/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $324,900 -3.0% --
07/31/2019 07/31/19 Price Changed $334,900 -2.9% --
07/03/2019 07/03/19 Price Changed $344,900 -4.2% --
06/11/2019 06/11/19 Price Changed $359,900 -6.5% --
05/15/2019 05/15/19 Price Changed $384,900 -3.8% --
04/23/2019 04/23/19 Price Changed $399,900 -4.8% --
03/26/2019 03/26/19 For Sale $419,900 -- --
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 $6,590 $60,000 $21,576 $38,424
2023 $6,590 $32,040 $17,400 $14,640
2022 $6,590 $32,040 $17,400 $14,640
2021 $6,443 $32,040 $17,400 $14,640
2020 $10,887 $51,972 $7,656 $44,316
2019 $10,728 $56,827 $7,656 $49,171
2018 $10,547 $56,827 $7,656 $49,171
2017 $8,775 $44,137 $6,728 $37,409
2016 $8,340 $44,137 $6,728 $37,409
2015 $7,607 $44,137 $6,728 $37,409
2014 $7,400 $42,453 $5,510 $36,943
2013 $7,243 $42,453 $5,510 $36,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10320489

Midwest Real Estate Data (MRED)

APN: 14-21-311-064-1001