NOT LISTED FOR SALE

653 W Melrose St Unit 2S Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $255,000 - $579,000

1 Bed
1 Bath
750 Sq Ft
$238/mo HOA Fee

Last Sold February 02, 2015

Last sale price $224,000 $299 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,646/month

40 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Balcony
  • Nettelhorst Elementary School Rated A-
  • Whirlpool Bathtub
  • Galley Kitchen

About This Home

As of February 2015

Pristine vintage rehab. East and West exposures provide abundant natural light. Hardwood floors throughout. Kitchen and bathroom recently updated, including granite counter tops, marble finishes and Jacuzzi. Private balcony overlooking courtyard. In-unit W/D. Woodburning fireplace. Extra storage unit. HOA includes heat and water. Close to EL (red, brown, purple) and major bus lines (77,36,8,46,151,156).

Last Agent to Sell the Property

Robert Picciariello

Prello Realty License #471006989 Listed on: 10/30/2014

Last Buyer's Agent

John Vodopic

Coldwell Banker Realty License #475143516

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,114

Year Built

  • 1891

Lot Details

  • 7,841

HOA Fees

  • $238 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • Whirlpool Bathtub
  • Wood Burning Fireplace
  • Entrance Foyer
  • Utility Room with Study Area
  • Storage
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator

Additional Features

  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,114

Year Built

1891

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1891
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1891

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Intercom
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 1
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X08, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Galley
  • Additional Rooms: Foyer, Study
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Study, Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 05X06, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 750
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick
  • Roof Type: Tar and Gravel
  • Exterior Property Features: Balcony, Deck
  • Exposure: E (East), W (West)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 238
  • Management Contact Name: Unkn
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Unkn

Schools

  • School District: 299
  • Elementary School: NETTELHORST ELEMENTARY SCHOOL
  • Middle School: NETTELHORST ELEMENTARY SCHOOL
  • High School: LAKE VIEW HIGH SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14213130641007

Multi Family

  • Total Number Unitsin Building: 19
  • Number Stories: 3

Tax Info

  • Taxes: 2577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2014
Closed on
Jan 29, 2015
Sold by
Demarco Douglas E and Maglio Jacqueline B
Bought by
Pequeno Adriana
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
John Vodopic
Coldwell Banker Realty
List Price
$238,900
Sold Price
$224,000
Premium/Discount to List
-$14,900
-6.24%
Current Estimated Value
$373,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,876
Avg. Annual Appreciation
3.34%
Original Mortgage
$114,000
Outstanding Balance
$87,791
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$228,569

Purchase Details

Closed on
Dec 5, 2012
Sold by
Demarco Stephen
Bought by
Demarco Douglas E and Maglio Jacqueline B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2007
Sold by
Kornblum Lilli R
Bought by
Demarco Douglas E and Maglio Jacqueline B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Klasa Monica T
Bought by
Kornblum Lilli R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,725
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1999
Sold by
Klasa Ursula M
Bought by
Klasa Monica T

Purchase Details

Closed on
Oct 20, 1995
Sold by
Mid Town Bank & Trust Company Of Chicago
Bought by
Klasa Monica T and Klasa Ursula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.5%
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 Buyer Sale Price Title Company
Pequeno Adriana $224,000 Stewart Title
Demarco Douglas E -- None Available
Demarco Douglas E $225,000 M G R Title
Demarco Douglas E $225,000 M G R Title
Kornblum Lilli R $195,500 --
Klasa Monica T -- Chicago Title Insurance Co
Klasa Monica T $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pequeno Adriana $114,000
Previous Owner Demarco Douglas E $172,000
Previous Owner Demarco Douglas E $180,000
Previous Owner Kornblum Lilli R $185,725
Previous Owner Asa Monica K $70,302
Previous Owner Klasa Monica T $85,000
Previous Owner Klasa Monica T $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $224,000 -4.2% $299 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/21/2014 11/21/14 Price Changed $233,900 -2.1% $312 / Sq Ft
10/30/2014 10/30/14 For Sale $238,900 -- $319 / 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 $4,114 $22,792 $7,739 $15,053
2023 $3,989 $22,815 $6,241 $16,574
2022 $3,989 $22,815 $6,241 $16,574
2021 $3,918 $22,814 $6,240 $16,574
2020 $3,512 $18,866 $2,745 $16,121
2019 $3,455 $20,628 $2,745 $17,883
2018 $3,396 $20,628 $2,745 $17,883
2017 $3,549 $19,863 $2,413 $17,450
2016 $3,478 $19,863 $2,413 $17,450
2015 $3,159 $19,863 $2,413 $17,450
2014 $2,640 $16,798 $1,976 $14,822
2013 $2,577 $16,798 $1,976 $14,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08765745

Midwest Real Estate Data (MRED)

APN: 14-21-313-064-1007