NOT LISTED FOR SALE

748 W Melrose St Unit 1 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $527,000 - $562,731

2 Beds
2 Baths
1,600 Sq Ft
$410/mo HOA Fee

Last Sold June 28, 2022

Last sale price $449,500 $281 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,939/month

Highlights

  • Rooftop Deck
  • Open Floorplan
  • Wood Flooring
  • Nettelhorst Elementary School Rated A-
  • Landscaped Professionally
  • End Unit

About This Home

As of June 2022

MATTERPORT/3D VIRTUAL TOUR LINK AVAILABLE! NETTELHORST SCHOOL DISTRICT! WALK TO THE LAKE & ALL THAT EAST LAKEVIEW HAS TO OFFER INCL MULTIPLE PARKS & ENDLESS SHOPPING/ENTERTAINMENT/DINING OPTIONS FROM THIS EXTREMELY BRIGHT (UNOBSTRUCTED S & W EXPOSURES)/QUIET/EXTRA-WIDE (23'+ WIDE INTERIOR) NEARLY 1600SQFT 2BD+FAMILY ROOM+OFFICE SPACE/2BA DUPLEX HOME ON ELEVATED/SECURE 1ST FLOOR W/IDEAL ONE BEDROOM ON EACH FLOOR,HARDWOOD FLOORS T/O BOTH LEVELS & HUGE EAT-IN WHITE/GRANITE/SS ISLAND KITCHEN W/PANTRY & BREAKFAST BAR THAT OPENS TO A TRUE SEPARATE DINING ROOM IN A PROFESSIONALLY MANAGED/CLASSIC CHICAGO BRICK/LIMESTONE BUILDING;GRACIOUS ENTRY FOYER LEADS TO LARGE S-FACING LIVING ROOM W/CORNER WOOD-BURNING FIREPLACE;RENOVATED/UPGRADED BATHS W/SUBWAY TILE DETAIL ON EACH FLOOR;LL INCLUDES LARGE FAMILY ROOM & EXTRA SPACE FOR OFFICE AS WELL AS ADDITIONAL CLOSET SPACE;EXTREMELY RARE COMMON ROOF DECK W/SKYLINE VIEWS GREAT FOR RELAXING/ENTERTAINING;NEW FURNACE (2016),NEWER WINDOWS (2012/14),BUILDING TUCKPOINTED IN 2021 & COMMON WATER HEATER REPLACED IN 2020 (HOT WATER INCLUDED IN ASSESSMENTS!);STEPS TO GARAGE RENTAL PARKING AT 3232 N. HALSTED & EZ PERMIT & METERED STREET PARKING!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 05/09/2022

Compass

Last Buyer's Agent

Jennifer Mills

Jameson Sotheby's Intl Realty License #471015050

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,494

Year Built

  • Built in 1927 | Remodeled in 2016

Lot Details

  • End Unit
  • Landscaped Professionally
  • Zero Lot Line

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Leased Parking
  • Garage Door Opener

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 13 Units
  • Minnie Porter Association, Phone Number (224) 300-4857
  • Property managed by NS Management CO

Amenities

  • Sundeck
  • Common Area
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,494

Year Built

Built in 1927 | Remodeled in 2016

Lot Details

0

HOA Fees

$410 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan, Dining Combo, Granite Counters
  • LivingArea: 1600
  • Other Equipment: TV-Cable, Intercom, Ceiling Fan(s)
  • Room Type: Foyer, Pantry, Deck, Office
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Roof Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 449500
  • Lot Features: Common Grounds, Corner Lot, Landscaped
  • OtherStructures: None
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage
  • Highest Parking Fee: 250
  • Lowest Parking Fee: 175

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 410
  • Association Amenities: Storage, Sundeck, Ceiling Fan
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Management CO
  • Management Contact Name: Minnie Porter
  • Management Phone: 224-300-4857
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Other

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Nettelhorst Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Lease Amount: 200
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7494.25
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 13, 2022
Sold by
Cone Randall R and Cone Maria
Bought by
Coulombe Hilary
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
List Price
$449,500
Sold Price
$449,500
Current Estimated Value
$548,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,183
Avg. Annual Appreciation
6.17%
Original Mortgage
$422,530
Outstanding Balance
$403,662
Interest Rate
5.75%
Mortgage Type
Construction
Estimated Equity
$145,021

Purchase Details

Closed on
Nov 3, 2003
Sold by
Garvey James M and Garvey Ann R
Bought by
Cone Randall R and Martinez Cuadrado Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 14, 2000
Sold by
Saccone Stephen A and Saccone Jessica Hopper
Bought by
Garvey James M and Garvey Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.22%

Purchase Details

Closed on
Jun 25, 1996
Sold by
742 West Melrose Llc
Bought by
Hoppfer Saccone Stephen A and Hoppfer Saccone Jessica

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
8.07%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coulombe Hilary $449,500 Old Republic Title
Cone Randall R $345,000 Burnet Title Llc
Garvey James M $285,000 Chicago Title Insurance Co
Hoppfer Saccone Stephen A $171,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coulombe Hilary $422,530
Previous Owner Cone Randall R $276,000
Previous Owner Garvey James M $250,000
Previous Owner Hoppfer Saccone Stephen A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $449,500 0.0% $281 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $449,500 -- $281 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,806 $44,126 $12,791 $31,335
2023 $6,344 $37,001 $10,316 $26,685
2022 $6,344 $37,001 $10,316 $26,685
2021 $6,235 $36,999 $10,315 $26,684
2020 $7,613 $39,760 $4,538 $35,222
2019 $7,494 $43,474 $4,538 $38,936
2018 $7,366 $43,474 $4,538 $38,936
2017 $7,285 $37,215 $3,988 $33,227
2016 $6,954 $37,215 $3,988 $33,227
2015 $6,339 $37,215 $3,988 $33,227
2014 $6,106 $35,478 $3,266 $32,212
2013 $5,974 $35,478 $3,266 $32,212
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11397830

Midwest Real Estate Data (MRED)

APN: 14-21-311-063-1016