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2586 Melanie Lane

2586 Melanie Lane, Northbrook, IL 60062
Property in Northfield
Sold Jun 16, 2015
$717,500
$430,500 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2045
Sold Aug 24, 2004
$805,000
$330,000 by Bank Of America Na
Mortgage Due Sep 01, 2034
2586 Melanie Lane has been categorized by the local assessors in Northbrook, IL as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2586 Melanie Lane has 3,138 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2586 Melanie Lane sold most recently in Jun 10, 2015 for a total of $717,500. If you work out the math, that's approximately a cost of $228.65 per sqft. Before that, the property was also sold for $805,000 in Jul 29, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $13,793 in taxes each year. 2586 Melanie Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,000. If we break it down further, the land itself was valued at $12,000. Improvements to the property, however, were assessed at a total of $55,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,138
  • Gross Building Area: 3,138
  • Building Area: 3,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STONEGATE
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHECHTER RANDY J
  • Current Owner 2: SCHECHTER LESLIE
  • Previous Owner : KATSIS ANGELO
  • Previous Owner 2: KATSIS KALLIOPI
  • Owner Before Previous Owner: HAMILL JOHN J
  • Owner Before Previous Owner 2: HAMILL RAMMINA M P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: West Northfield School District 31
  • Census Tract: 801606

Geography

  • District: 25
  • Parcel: 04-20-113-002-0000
  • Lot: 57
  • Meridian: SEC 20 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1063
  • Longitude: -87.8611

    Address

  • Full Address: 2586 Melanie Ln
  • Address - House Number: 2586
  • Address - Street Name: Melanie
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C030
  • 4-Digit Zip Code: 6965
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,793
  • Tax Rate Code Area: 25101

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 851,985
  • High Value: 1,046,527
  • Low Value: 657,442

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 16, 2015
  • First Open Lien Mortgage Loan Amount: $430,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Market Valuation

  • Market Total Value: $670,000
  • Market Land Value: $120,000
  • Market Improvement Value: $550,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $55,000

    Sales

  • Current Sale Contract Date: Jun 10, 2015
  • Current Sale Recording Date: Jun 16, 2015
  • Current Sale Transaction ID: 1218672413
  • Current Sale Price: $717,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1516756031
  • Previous Sale Recording Date: Aug 24, 2004
  • Previous Sale Contract Date: Jul 29, 2004
  • Previous Sale Amount: $805,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 16, 2015
  • First Mortgage Loan Amount: $430,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 24, 2004
  • Previous Mortgage Loan Amount: $330,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 01, 2034

About Northbrook



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Frequently Asked Questions

What neighborhood is 2586 Melanie Lane located in?
The 2586 Melanie Lane is a located in the neighborhood of Northfield in Northbrook, Northbrook.
What is the average sales price for listings in 2586 Melanie Lane?
The average sales price for units in 2586 Melanie Lane is $0 currently.

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