Seller's Agent in 2021
Jim Ongena
@ Properties
(312) 682-8500
6 in this area
109 Total Sales
744 W Melrose St Unit 1 Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $337,416 - $367,000
1
Bed
1
Bath
--
Sq Ft
$244/mo
HOA Fee
Highlights
- Deck
- Wood Flooring
- Stainless Steel Appliances
- Nettelhorst Elementary School Rated A-
- Sundeck
- Resident Manager or Management On Site
About This Home
As of August 2021This huge 1-bedroom-plus, 1-bathroom condominium is found in the heart of the vibrant Lakeview East neighborhood. If location is a top priority, it is hard to beat this one. Right around the corner are numerous CTA bus and EL stations, making transportation to anywhere in the city completely convenient. Living steps from Halsted Street, the Clark Avenue corridor, and mere blocks from Belmont harbor and the lakefront means that exploring restaurants, bars, and boutiques can be accomplished in all directions. Additionally, world-famous Wrigley Field is also only a 20-minute walk away. Inside its courtyard building, located on the leafy side streets, a spacious living area with a separate dining room cooled by central air conditioning invites visitors to stay. A private deck beckons from off the kitchen and the owners have access to a common rooftop deck with city views, while a wood-burning fireplace welcomes inside. The white-motif kitchen features white cabinets, granite countertops, and a stainless steel suite. Hardwood floors are found throughout, and included is in-unit washer and dryer and extra storage.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475111769 Listed on: 07/27/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,768
Year Built
- Built in 1920 | Remodeled in 1996
Lot Details
- 6,490
HOA Fees
- $244 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Parking Space
- Leased Parking
- Uncovered Parking
Outdoor Features
- Deck
Schools
- Nettelhorst Elementary School
- Lake View High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 13 Units
- Ben Association, Phone Number (847) 328-5444
- Property managed by Wesley Realty
Amenities
- Sundeck
- Common Area
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2021
Closed on
Aug 30, 2021
Sold by
Goldsmith Sarah F
Bought by
Phetchanpheng Malina and Phetchanpheng Malay P
Seller's Agent
Jim Ongena
@properties Christie's International Real Estate
Buyer's Agent
Isaac Martinez
Baird & Warner
List Price
$280,000
Sold Price
$277,500
Premium/Discount to List
-$2,500
-0.89%
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
$70,354
Avg. Annual Appreciation
5.62%
Original Mortgage
$208,125
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2017
Sold by
Kalicak Donald E and Kalicak Kathryn M
Bought by
Goldsmith Sarah F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 5, 2014
Closed on
Sep 26, 2014
Sold by
Ludwick Lance Alan and Ludwick Christine
Bought by
Kalicak Donald E and Kalicak Kathryn M
Seller's Agent
Ellen Silverman
RE/MAX Premier
Buyer's Agent
Bill Hynes
Compass
List Price
$250,000
Sold Price
$206,500
Premium/Discount to List
-$43,500
-17.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$165,200
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 1996
Sold by
742 West Melrose Llc
Bought by
Ludwick Lance Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
6.75%
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 |
|---|---|---|---|
| Phetchanpheng Malina | $277,500 | Greater Illinois Title | |
| Goldsmith Sarah F | $275,000 | Attorney | |
| Kalicak Donald E | $206,500 | Ctt | |
| Ludwick Lance Alan | $119,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Phetchanpheng Malina | $208,125 | |
| Previous Owner | Goldsmith Sarah F | $247,500 | |
| Previous Owner | Kalicak Donald E | $165,200 | |
| Previous Owner | Ludwick Lance Alan | $107,550 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2021 08/30/21 | Sold | $277,500 | -0.9% | -- | |
| 08/05/2021 08/05/21 | Pending | -- | -- | -- | |
| 07/27/2021 07/27/21 | For Sale | $280,000 | +35.6% | -- | |
| 10/02/2014 10/02/14 | Sold | $206,500 | -4.0% | $207 / Sq Ft | View Prior Sale |
| 08/09/2014 08/09/14 | Pending | -- | -- | -- | |
| 06/26/2014 06/26/14 | Price Changed | $215,000 | -6.5% | $215 / Sq Ft | |
| 05/28/2014 05/28/14 | Price Changed | $229,900 | -4.2% | $230 / Sq Ft | |
| 05/12/2014 05/12/14 | Price Changed | $239,900 | -4.0% | $240 / Sq Ft | |
| 05/05/2014 05/05/14 | For Sale | $250,000 | -- | $250 / 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 | $4,853 | $27,569 | $7,992 | $19,577 |
| 2023 | $4,730 | $23,000 | $6,445 | $16,555 |
| 2022 | $4,730 | $23,000 | $6,445 | $16,555 |
| 2021 | $3,955 | $22,999 | $6,444 | $16,555 |
| 2020 | $4,842 | $24,840 | $2,835 | $22,005 |
| 2019 | $5,457 | $27,161 | $2,835 | $24,326 |
| 2018 | $5,365 | $27,161 | $2,835 | $24,326 |
| 2017 | $4,278 | $23,250 | $2,491 | $20,759 |
| 2016 | $4,157 | $23,250 | $2,491 | $20,759 |
| 2015 | $4,260 | $23,250 | $2,491 | $20,759 |
| 2014 | $4,112 | $22,165 | $2,040 | $20,125 |
| 2013 | $4,031 | $22,165 | $2,040 | $20,125 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Ongena
-
Juliya Talmacheva
Seller Co-Listing Agent in 2021
Juliya Talmacheva
@ Properties
(312) 682-8500
3 in this area
44 Total Sales
-
Isaac Martinez
Buyer's Agent in 2021
Isaac Martinez
Baird Warner
(312) 513-9129
1 in this area
1 Total Sale
-
E
Seller's Agent in 2014
Ellen Silverman
RE/MAX Premier
-
Bill Hynes
Buyer's Agent in 2014
Bill Hynes
Compass
(773) 671-7689
1 in this area
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11170331
APN: 14-21-311-063-1005
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