$320,000
SOLD APR 25, 2013

652 W Melrose St Unit 2 Chicago, IL 60657

Lakeview East Neighborhood
2 Beds
2 Baths
1,250 Sq Ft
2,919 Sq Ft Lot

Recently Sold

$256 Per Sq Ft

3% Below List Price

173 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Detached Garage
  • Nettelhorst Elementary School Rated A-
  • Balcony
  • Breakfast Bar

About This Home

As of May 2023

GRACIOUS VINTAGE REHAB IN PRIME LAKEVIEW LOCATION NOW AVAILABLE. THIS 2BD 2BATH OFFERS A WHITE-BRIGHT OPEN KTCH WITH LOADS OF CABINET & PANTRY SPACE, MARBLE BATHS, HWD FLOORS, MARBLE FIREPL, IN-UNIT W/D, AN ADORABLE FRONT BALCONY AND LARGE REAR DECK. SELLER OFFERS ONE YEAR OF PAID PARKING NEAR BY. CLASSIC CHICAGO GREYSTONE BUILDING NEAR NETTLEHORST SCHOOL, EL, DINING, SHOPPING, AND OUR BEAUTIFUL LAKE FRONT PARKS.

Last Agent to Sell the Property

Greg Alvarado

@properties Christie's International Real Estate License #475129236 Listed on: 09/13/2012

@properties Christie's International Real Estate

Co-Listed By

Nicole Hertzberg

Coldwell Banker Realty License #475155370

Last Buyer's Agent

Emily Phair

Keller Williams ONEChicago License #475137629

Keller Williams ONEChicago

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,119

HOA Fees

  • $230 per month

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Formal Dining Room
  • Breakfast Bar

Outdoor Features

  • Balcony
  • Deck

Additional Features

  • North or South Exposure
  • Southern Exposure
  • Property is near a bus stop
  • Hot Water Heating System

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$4,119

Lot Details

0

HOA Fees

$230 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Unit Floor Level: 2
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 1
  • Number Of Rooms: 5
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X13
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Carpet
  • Living Room Level: 2nd Level
  • Living Room Size: 18X11
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: 2nd Level
  • Dining Room Size: 09X09
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Kitchen Level: 2nd Level
  • Kitchen Size: 17X13
  • Kitchen Flooring: Hardwood
  • Additional Rooms: Balcony, Deck
  • Additional Room 1 Name: Balcony
  • Additional Room 1 Level: 2nd Level
  • Additional Room 1 Size: 11X04
  • Additional Room 2 Name: Deck
  • Additional Room 2 Level: 2nd Level
  • Additional Room 2 Size: 11X09

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment/Association Fees: 230
  • Assessment Includes: Heat, Water, Common Insurance, Scavenger

Fee Information

  • Management Company: Self Managed Building
  • Lowest Parking Fee: 160
  • Highest Parking Fee: 239

Schools

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

Lot Info

  • Lot Dimensions: CONDO

Multi Family

  • Total Number Unitsin Building: 3

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
$509,733

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
$206,450
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$303,283

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
3.33%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08158572

Midwest Real Estate Data (MRED)

APN: 14-21-311-064-1002