NOT LISTED FOR SALE

742 W Melrose St Unit 7423 Chicago, IL 60657

Lakeview East Neighborhood

Estimated 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
$474,328

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%
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

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.

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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.

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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
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

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 $4,997 $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

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