742 W Melrose St Unit 7423 Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $450,310 - $501,000
2
Beds
1
Bath
1,144
Sq Ft
$415/Sq Ft
Est. Value
About This Home
This home is located at 742 W Melrose St Unit 7423, Chicago, IL 60657 and is currently estimated at $474,328, approximately $414 per square foot. 742 W Melrose St Unit 7423 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
Jun 14, 2022
Sold by
Saesan Jonah D and Saesan Katie
Bought by
Nowokunski Nicholas
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Closed on
Apr 2, 2014
Sold by
Wiley Miranda
Bought by
Wolfe Katie Knoedelseder and Wolfe Graham Hawthorn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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
Map
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