See Home Value
Chicago 60618 Avondale
2818 West Melrose Street
$520,307*
House - Off Market

2818 West Melrose Street

Chicago, IL 60618
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1570 Sqft
$346,000 - $422,000
Reference Base Price*
35.18%
Since Oct 1, 2020
National-US
Primary Model
Sold Nov 16, 2020
$400,500
$380,095 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2050
Sold May 15, 2019
Transfer

About This Property

Light filled 3 bedroom and 2 bathroom home located in the Avondale area. This home features a new kitchen with white cabinets, granite counter tops and stainless steel appliances. There is also new flooring and paint throughout the entire home. There are two bedrooms on the first floor and the entire second floor is the master suite. There is also a fenced back yard and a detached 2 car garage with a huge roof top deck. This is a Fannie Mae Homepath property.

The manager has listed the unit size as 1570 square feet.
Unit Size
1,570Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$245
Property Type
House
Property Taxes
$5,998
HOA Dues
-
Year Built
1908

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold to Hayes Sarah Schroud, Joseph... $400,500
Sold to Hayes Sarah Schroud, Joseph...
Sep 4, 2020 No longer available -
No longer available
Aug 19, 2020 Relisted $384,900
Relisted
Aug 5, 2020 No longer available -
No longer available
Aug 2, 2020 Price Decreased $384,900
↓ $15K (3.8%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 714
  • Gross Building Area: 714
  • Building Area: 714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT & ELSTON AVE ADD TO CHICAGO
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BELMONT) & (ELSTON) AVE ADD TO (CHICAGO) IN THE SH SEC 24-40-13

Ownership

  • Current Owner : HAYES JOSEPH
  • Current Owner 2: SCHROUD HAYES SARAH
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: RENTERIA CASSIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 210100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 019-125-02
  • District: 71
  • Parcel: 13-24-316-013-0000
  • Lot: 33
  • Meridian: SEC 24 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9405
  • Longitude: -87.6987

    Address

  • Full Address: 2818 W Melrose St
  • Address - House Number: 2818
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 5847
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,462
  • Tax Rate Code Area: 71163

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 533,810
  • High Value: 655,701
  • Low Value: 411,920

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,095
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $380,095
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $150,000
  • Market Improvement Value: $260,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $26,000

    Sales

  • Current Sale Contract Date: Oct 12, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Transaction ID: 11799721456
  • Current Sale Price: $400,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2032107707
  • Previous Sale Recording Date: May 15, 2019
  • Previous Sale Contract Date: Apr 30, 2019
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 16, 2020
  • First Mortgage Loan Amount: $380,095
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,100 ft²
$313/ft²
$344,000 Jul 2, 2022
-
$555/mo
House
3 Beds
2 Baths
950 ft²
$347/ft²
$330,000 Jan 2, 2023
-
$347/mo
House
2 Beds
2 Baths
1,377 ft²
$288/ft²
$397,250 Sep 28, 2022
-
$809/mo
House
6 Beds
3 Baths
1,850 ft²
$205/ft²
$380,000 Dec 16, 2022
-
$857/mo
Multifamily
3 Beds
-
-
$375,000 Nov 30, 2022
-
$566/mo
House
2 Beds
2 Baths
-
$399,999 Nov 11, 2022
-
$783/mo
Multifamily
6 Beds
-
-
$375,000 Oct 13, 2022
-
$493/mo
Land
Loft
-
-
$400,000 Oct 21, 2020
-
$154/mo
Land
Loft
-
-
$344,000 Aug 4, 2022
-
$555/mo

About Northwest Side


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Frequently Asked Questions

When was property at 2818 West Melrose Street built and last sold?
The property at 2818 West Melrose Street was built in 1908 and last sold on Oct 12, 2020 for $400,500.
How much is this home worth?
The estimated value of the home located at 2818 West Melrose Street is $394,224.
What are some comparable homes to 2818 West Melrose Street?
There are currently no comparable homes to 2818 West Melrose Street.

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