NOT LISTED FOR SALE

742 W Melrose St Unit 7421 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $504,000 - $636,000

2 Beds
2 Baths
1,700 Sq Ft
$343/Sq Ft Est. Value

About This Home

This home is located at 742 W Melrose St Unit 7421, Chicago, IL 60657 and is currently estimated at $583,638, approximately $343 per square foot. 742 W Melrose St Unit 7421 is a home located in Cook County with nearby schools including Nettelhorst Elementary School, Lake View High School, and Our Lady Of Mount Carmel Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2017
Sold by
Lehman Keir and Lehman Kathleen
Bought by
Laughlin Tyler
Current Estimated Value
$583,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Outstanding Balance
$289,060
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$294,578

Purchase Details

Closed on
Jan 16, 2009
Sold by
Prudential Relocation Inc
Bought by
Lehman Keir and Dietlin Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2009
Sold by
Gorsky Ivan and Gorsky Tara Farrell
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2002
Sold by
Chung Elizabeth E
Bought by
Gorsky Ivan and Gorsky Tara Farrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 1999
Sold by
Reynolds Shaun D and Wilson Midge L
Bought by
Chung Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,400
Interest Rate
7.29%

Purchase Details

Closed on
Mar 4, 1997
Sold by
Hayne Rebecca L
Bought by
Reynolds Shaun D and Wilson Midge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.93%

Purchase Details

Closed on
Oct 20, 1995
Sold by
742 West Melrose Llc
Bought by
Hayne Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.61%
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.

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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.

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First American

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Quantarium

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Average Value
Not Available
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
Laughlin Tyler $432,000 Chicago Title
Lehman Keir $375,000 Ticor Title Insurance Co
Prudential Relocation Inc $375,000 Ticor
Gorsky Ivan -- First American Title
Chung Elizabeth E $285,500 --
Reynolds Shaun D $206,500 Ticor Title Insurance
Hayne Rebecca L $180,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laughlin Tyler $345,600
Previous Owner Lehman Keir $300,000
Previous Owner Gorsky Ivan $267,900
Previous Owner Chung Elizabeth E $228,400
Previous Owner Reynolds Shaun D $150,000
Previous Owner Hayne Rebecca L $130,000
Closed Gorsky Ivan $50,250
Source: Public Records

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 $6,052 $38,371 $11,123 $27,248
2023 $5,878 $32,000 $8,970 $23,030
2022 $5,878 $32,000 $8,970 $23,030
2021 $5,765 $31,999 $8,970 $23,029
2020 $7,011 $34,573 $3,946 $30,627
2019 $7,595 $37,804 $3,946 $33,858
2018 $7,468 $37,804 $3,946 $33,858
2017 $6,240 $32,361 $3,468 $28,893
2016 $5,981 $32,361 $3,468 $28,893
2015 $5,449 $32,361 $3,468 $28,893
2014 $5,247 $30,850 $2,840 $28,010
2013 $5,133 $30,850 $2,840 $28,010
Source: Public Records

Map

Illinois Cook County Chicago 60657 Lakeview East

742 W Melrose St Unit 7421, Chicago, IL

This home is located at 742 W Melrose St Unit 7421, Chicago, IL 60657 and is currently estimated at $583,638, approximately $343 per square foot. 742 W Melrose St Unit 7421 is a home located in Cook County with nearby schools including Nettelhorst Elementary School, Lake View High School, and Our Lady Of Mount Carmel Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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