Seller's Agent in 2022
Leigh Marcus
@ Properties
(773) 645-0686
70 in this area
1,158 Total Sales
742 W Melrose St Unit 3 Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $450,310 - $501,000
2
Beds
1
Bath
1,144
Sq Ft
$296/mo
HOA Fee
Highlights
- Penthouse
- Deck
- End Unit
- Nettelhorst Elementary School Rated A-
- Wood Flooring
- Sundeck
About This Home
As of June 2022Fantastic, sun-filled, updated 2 bedroom, 1 bath condo with deck, in-unit laundry, additional storage and parking INCLUDED and fantastic COMMON ROOFTOP DECK, located in PRIME Lakeview location in sought-after Nettelhorst Elementary district! Super liveable floorplan features spacious living room with corner gas fireplace. Down the hall, but the updated kitchen has ample space for a dining area and boasts custom cabinets and lighting, granite counters, stainless steel appliances and breakfast bar. The kitchen opens to a large deck, perfect for summer entertaining and grilling (no carrying food through your bedroom!). Both bedrooms are generous, and can easily be configured with room for queen beds and furniture. The home's bath has a shower/tub combination and room for storage. In-unit laundry, hardwood floors in throughout, high ceilings, separate storage area in basement and outdoor parking space included in the price (this unit is the only one with parking in the entire complex!!). Superb Lakeview location with many locally-loved shops, restaurants (Stan's Donuts, Wood, DryHop, Maison Parisienne Cafe) and nightlife surrounding. Half mile to Wrigley Field, 4 blocks to the Belmont Red/Brown/Purple CTA train, easy access the lakefront and Lake Shore Drive. Nothing to do but move-in! Pet friendly!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475125223 Listed on: 05/13/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,396
Year Built
- Built in 1920
Lot Details
- 6,490
HOA Fees
- $296 Monthly HOA Fees
Home Design
- Penthouse
- Brick Exterior Construction
Interior Spaces
- 1,144 Sq Ft Home
- 3-Story Property
- Gas Log Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Assigned Parking
Schools
- Nettelhorst Elementary School
- Lake View High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Deck
- End Unit
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 13 Units
- Ben Association, Phone Number (847) 328-5444
- Property managed by Wesley Realty
Amenities
- Sundeck
- Community Storage Space
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jun 14, 2022
Sold by
Saesan Jonah D and Saesan Katie
Bought by
Nowokunski Nicholas
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Alec Goldstein
Berkshire Hathaway HomeServices Chicago
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,328
Avg. Annual Appreciation
4.43%
Original Mortgage
$336,200
Outstanding Balance
$320,872
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$153,456
Purchase Details
Closed on
Jun 13, 2017
Sold by
Wolfe Katie Knoedelseder and Wolfe Graham Hawthorn
Bought by
Saesan Jonah D and Saesan Katie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,198
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 10, 2014
Closed on
Apr 2, 2014
Sold by
Wiley Miranda
Bought by
Wolfe Katie Knoedelseder and Wolfe Graham Hawthorn
Seller's Agent
Brooke Vanderbok
@properties Christie's International Real Estate
Buyer's Agent
Pasquale Recchia
@properties Christie's International Real Estate
List Price
$324,900
Sold Price
$338,000
Premium/Discount to List
$13,100
4.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$338,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 4, 2011
Sold by
Polucci Thomas D
Bought by
Wiley Miranda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,370
Interest Rate
4.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2005
Sold by
Byrne James F
Bought by
Polucci Thomas D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 10, 1996
Sold by
742 West Melrose Llc
Bought by
Byrne James F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.12%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nowokunski Nicholas | $410,000 | Proper Title | |
| Saesan Jonah D | $360,000 | Proper Title Llc | |
| Wolfe Katie Knoedelseder | $338,000 | First American | |
| Wiley Miranda | $305,000 | Cti | |
| Polucci Thomas D | $315,000 | Ticor Title Insurance | |
| Byrne James F | $149,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nowokunski Nicholas | $336,200 | |
| Previous Owner | Saesan Jonah D | $366,198 | |
| Previous Owner | Wolfe Katie Knoedelseder | $338,000 | |
| Previous Owner | Wiley Miranda | $289,370 | |
| Previous Owner | Polucci Thomas D | $252,000 | |
| Previous Owner | Byrne James F | $142,000 | |
| Closed | Polucci Thomas D | $31,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2022 06/17/22 | Sold | $410,000 | +2.5% | $358 / Sq Ft | |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- | |
| 05/13/2022 05/13/22 | For Sale | $399,900 | +18.3% | $350 / Sq Ft | |
| 04/28/2014 04/28/14 | Sold | $338,000 | +4.0% | $288 / Sq Ft | View Prior Sale |
| 02/12/2014 02/12/14 | Pending | -- | -- | -- | |
| 02/10/2014 02/10/14 | For Sale | $324,900 | -- | $277 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,997 | $31,865 | $9,237 | $22,628 |
| 2023 | $5,553 | $27,000 | $7,449 | $19,551 |
| 2022 | $5,553 | $27,000 | $7,449 | $19,551 |
| 2021 | $5,429 | $26,999 | $7,449 | $19,550 |
| 2020 | $6,396 | $28,711 | $3,277 | $25,434 |
| 2019 | $6,307 | $31,393 | $3,277 | $28,116 |
| 2018 | $6,201 | $31,393 | $3,277 | $28,116 |
| 2017 | $5,785 | $26,874 | $2,880 | $23,994 |
| 2016 | $5,383 | $26,874 | $2,880 | $23,994 |
| 2015 | $4,925 | $26,874 | $2,880 | $23,994 |
| 2014 | $4,277 | $25,619 | $2,358 | $23,261 |
| 2013 | $4,181 | $25,619 | $2,358 | $23,261 |
Source: Public Records
Agents Affiliated with this Home
-
Leigh Marcus
-
Alec Goldstein
Buyer's Agent in 2022
Alec Goldstein
Berkshire Hathaway HomeServices Chicago
(847) 894-2167
5 in this area
70 Total Sales
-
Brooke Vanderbok
Seller's Agent in 2014
Brooke Vanderbok
@ Properties
(773) 991-4895
5 in this area
128 Total Sales
-
Robin W. Miner
Seller Co-Listing Agent in 2014
Robin W. Miner
@ Properties
1 Total Sale
-
Pasquale Recchia
Buyer's Agent in 2014
Pasquale Recchia
@ Properties
(847) 962-7711
4 in this area
188 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11395509
APN: 14-21-311-063-1003
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