$380,000
SOLD SEP 23, 2016

652 W Melrose St Unit 2 Chicago, IL 60657

Lakeview East Neighborhood
2 Beds
2 Baths
1,250 Sq Ft
$259/mo HOA Fee

Recently Sold

$304 Per Sq Ft

10% Below List Price

29 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fenced Yard
  • Nettelhorst Elementary School Rated A-
  • Walk-In Pantry
  • Balcony

About This Home

As of May 2023

Charming & stately greystone w/ all the modern amenities. Features include: open & large granite kitchen perfect for entertaining; big living room w/ FP & huge bay window; separate dining room; front terrace & rear deck; 10-ft ceilings; enormous master suite w/ sitting area; and in-unit W/D. Tons of vintage charm w/ cosmopolitan flair. Walk to hot Lakeview East nightlife, Treasure Island, Redline, LSD buses & lake.

Last Agent to Sell the Property

Jill Schauwecker

Berkshire Hathaway HomeServices Chicago License #475124611 Listed on: 06/23/2016

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Chris Sears

@properties Christie's International Real Estate License #471004575

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,119

Year Built

  • 1900

Lot Details

  • Southern Exposure
  • Fenced Yard

HOA Fees

  • $259 per month

Home Design

  • Limestone

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Zoned Parking Permit

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Radiant Heating System

Additional Features

  • Wood Flooring
  • Primary Bathroom is a Full Bathroom
  • Partial Basement
  • North or South Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,119

Year Built

1900

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1900
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Balcony, Deck
  • Master Bedroom: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 5X4, On Level: 2nd Level
  • Additional Room 2 Name: Deck, Dimensions: 11X9, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1250
  • Dining Room Type: L-shaped

Exterior Features

  • Exterior Building Type: Limestone
  • Exterior Property Features: Balcony, Deck, Storms/Screens
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Zoned Permit
  • Number Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Scavenger
  • Assessment Association Fees: 259
  • Management Phone: 999-999-9999

Schools

  • School District: 299
  • Elementary School: NETTELHORST ELEMENTARY SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 14213110641002

Multi Family

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

Tax Info

  • Taxes: 5710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Forsberg Richard B and Lewis Michelle A
Bought by
Forsberg Richard B and Lewis Gabrielle M
Current Estimated Value
$510,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Outstanding Balance
$212,230
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$281,691

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 22, 2016
Sold by
Barba Ashley and Barba Karen
Bought by
Forsberg Richard B and Lewis Michelle A
Seller's Agent
Jill Schauwecker
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Chris Sears
@properties Christie's International Real Estate
List Price
$420,000
Sold Price
$380,000
Premium/Discount to List
-$40,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$304,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2012
Closed on
May 27, 2013
Sold by
Alarcon Rachel B
Bought by
Jems Super Fund Llc
Seller's Agent
Greg Alvarado
@properties Christie's International Real Estate
Buyer's Agent
Emily Phair
Keller Williams ONEChicago
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Reilly Sean J O and Reilly Megan P O
Bought by
Barba Ashley and Barba Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2011
Sold by
Oreilly Sean J and Pullem Megan E
Bought by
Oreilly Sean J and Oreilly Megan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,906
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2009
Sold by
Hutchison Jill Marie and Troxel Jill M
Bought by
Oreilly Sean and Pullem Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,696
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2005
Sold by
Berman Matthew
Bought by
Troxel Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 27, 2001
Sold by
Waikar Sachin
Bought by
Berman Matthew

Purchase Details

Closed on
Jun 4, 1999
Sold by
Getzloff John W
Bought by
Waikar Sachin V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.37%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Kalet Sydne J and Kalet Welch Sydne J
Bought by
Getzloff John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,200
Interest Rate
6.5%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title
Warranty Deed $380,000 None Available
Warranty Deed $187,500 --
Warranty Deed $187,500 --
Warranty Deed $187,500 --
Warranty Deed $320,000 None Available
Interfamily Deed Transfer -- Lakeshore Title Agency
Warranty Deed $348,000 First American Title Ins Co
Warranty Deed $372,500 Multiple
Warranty Deed $300,000 --
Warranty Deed $272,000 --
Warranty Deed $212,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,000 New Conventional
Closed $304,000 New Conventional
Previous Owner $256,000 New Conventional
Previous Owner $333,906 FHA
Previous Owner $341,696 FHA
Previous Owner $298,000 Fannie Mae Freddie Mac
Previous Owner $55,875 Credit Line Revolving
Previous Owner $220,000 Unknown
Previous Owner $222,000 No Value Available
Previous Owner $180,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $435,000 +2.4% $348 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $425,000 +11.8% $340 / Sq Ft
09/23/2016 09/23/16 Sold $380,000 -3.8% $304 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $395,000 -6.0% $316 / Sq Ft
06/23/2016 06/23/16 For Sale $420,000 +31.3% $336 / Sq Ft
04/25/2013 04/25/13 Sold $320,000 -3.0% $256 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $329,900 0.0% $264 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
12/13/2012 12/13/12 Price Changed $329,900 -3.0% $264 / Sq Ft
11/19/2012 11/19/12 Price Changed $340,000 -2.8% $272 / Sq Ft
10/26/2012 10/26/12 For Sale $349,900 0.0% $280 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $349,900 -- $280 / 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 $4,119 $43,500 $15,643 $27,857
2023 $3,994 $22,838 $12,615 $10,223
2022 $3,994 $22,838 $12,615 $10,223
2021 $3,923 $22,838 $12,615 $10,223
2020 $7,703 $37,679 $5,550 $32,129
2019 $7,588 $41,199 $5,550 $35,649
2018 $8,138 $41,199 $5,550 $35,649
2017 $6,888 $31,998 $4,877 $27,121
2016 $5,909 $31,998 $4,877 $27,121
2015 $5,383 $31,998 $4,877 $27,121
2014 $5,710 $30,778 $3,994 $26,784
2013 $5,598 $30,778 $3,994 $26,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09266414

Midwest Real Estate Data (MRED)

APN: 14-21-311-064-1002