Seller's Agent in 2022
Brad Lippitz
Compass
(847) 778-6207
128 in this area
528 Total Sales
748 W Melrose St Unit 3 Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $311,000 - $325,000
1
Bed
1
Bath
1,100
Sq Ft
$264/mo
HOA Fee
Highlights
- Sundeck
- Formal Dining Room
- Forced Air Heating and Cooling System
- Nettelhorst Elementary School Rated A-
- Resident Manager or Management On Site
- Community Storage Space
About This Home
As of December 2022Absolutely delightful light-filled 1-bedroom top floor condo on serene tree-lined block in the heart of everything - within steps of the French farmer's market, boutiques and cafes, and transportation. This corner unit features open-concept floor plan, hardwood floors, central air/heat, in-unit washer-dryer, white kitchen w/granite counter tops and a breakfast bar, and great room w/fireplace. Only a few steps up to a fabulous common roof deck. What a find!
Last Buyer's Agent
Marzena Frausto
Redfin Corporation License #475180812
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,018
Year Built
- Built in 1920 | Remodeled in 1994
Lot Details
- 6,490
HOA Fees
- $264 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 13 Units
- Minnie Porter Association, Phone Number (224) 300-4857
- Property managed by NS Management CO
Amenities
- Sundeck
- Community Storage Space
Pet Policy
- Pets Allowed
- Pets up to 50 lbs
- Pet Deposit Required
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2022
Closed on
Dec 8, 2022
Sold by
Amy H Kohn 2005 Declaration Of Trust
Bought by
Mccauley Caitlin E
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Marzena Frausto
Redfin Corporation
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
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
$67,464
Avg. Annual Appreciation
8.68%
Original Mortgage
$237,500
Outstanding Balance
$230,438
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$87,026
Purchase Details
Closed on
Aug 29, 2005
Sold by
Kohn Amy H
Bought by
Kohn Amy H and Amy H Kohn 2005 Declaration Of Trust
Purchase Details
Closed on
Sep 22, 1998
Sold by
Barden Jack Edward
Bought by
Kohn Amy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.62%
Purchase Details
Closed on
Mar 20, 1996
Sold by
742 West Melrose Llc
Bought by
Barden Jack Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
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 |
|---|---|---|---|
| Mccauley Caitlin E | $250,000 | Chicago Title | |
| Kohn Amy H | -- | -- | |
| Kohn Amy H | $156,000 | -- | |
| Barden Jack Edward | $124,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccauley Caitlin E | $237,500 | |
| Previous Owner | Kohn Amy H | $124,800 | |
| Previous Owner | Barden Jack Edward | $117,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2022 12/12/22 | Sold | $250,000 | -9.1% | $227 / Sq Ft |
| 11/04/2022 11/04/22 | Pending | -- | -- | -- |
| 10/05/2022 10/05/22 | For Sale | $275,000 | -- | $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 | $4,364 | $28,444 | $8,245 | $20,199 |
| 2023 | $4,233 | $24,001 | $6,650 | $17,351 |
| 2022 | $4,233 | $24,001 | $6,650 | $17,351 |
| 2021 | $4,156 | $23,999 | $6,649 | $17,350 |
| 2020 | $5,018 | $25,629 | $2,925 | $22,704 |
| 2019 | $4,941 | $28,023 | $2,925 | $25,098 |
| 2018 | $4,857 | $28,023 | $2,925 | $25,098 |
| 2017 | $4,437 | $23,989 | $2,571 | $21,418 |
| 2016 | $4,305 | $23,989 | $2,571 | $21,418 |
| 2015 | $3,915 | $23,989 | $2,571 | $21,418 |
| 2014 | $3,767 | $22,869 | $2,105 | $20,764 |
| 2013 | $3,681 | $22,869 | $2,105 | $20,764 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Lippitz
-
Rusti Segares
Seller Co-Listing Agent in 2022
Rusti Segares
Compass
(773) 993-9051
1 in this area
5 Total Sales
-
Marzena Frausto
M
Buyer's Agent in 2022
Marzena Frausto
Redfin Corporation
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11645763
APN: 14-21-311-063-1014
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