Seller's Agent in 2022
Diana Ezerins
Coldwell Banker Realty
(773) 505-8421
1 in this area
13 Total Sales
The Eddystone 421 W Melrose St Unit 1D Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $336,933 - $430,000
3
Beds
2
Baths
1,364
Sq Ft
$1,145/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Nettelhorst Elementary School Rated A-
- Lock-and-Leave Community
- Main Floor Bedroom
About This Home
As of March 2022Live steps from Belmont Harbor. Location, location, location! Feel at home from the moment you step inside this elegant, updated 3 bedroom, 2 bath condo. Located in historic Eddystone building in the heart of East Lakeview, enjoy all the city has to offer just outside your door. With only 2 units per floor, this sophisticated vintage unit offers an opportunity to live in a classic pre-war building with elevator while offering all the desired modern amenities. Vintage details include: formal barrel vaulted foyer, basket weave herringbone floors, high ceilings, arches and extensive crown and picture frame molding. With sunny east and west exposures, the bright living room has a charming decorative fireplace. Flowing dining space, perfect for entertaining, opens to kitchen with granite countertops, ample storage, new dishwasher and stove. Large main bedroom has ensuite area with abundant closet space and bathroom. Two additional spacious bedrooms, in split design layout, offer ample built in storage. Unit has central air conditioning and 5'x 8' secure storage space in basement. Roof deck with grill area is currently being completely redone and plans are available to review. Recent building upgrades include roof membrane replaced 2021 and new windows 2017. Average Electric cost is $50/month or less depending on whether central air is used. Attractive lobby with 24 hour door person, on-site engineer, workout room with sauna, laundry room and bike storage add to convenience and list of attractive amenities. Parking spots are available nearby for rent. Close proximity to the lake, Belmont harbor, park, trails and public transportation. Fantastic shopping and restaurants close by make this condo an ideal place to call home. Terrific value as an investment or primary residence.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,391
Year Built
- Built in 1928 | Remodeled in 2016
Lot Details
- 0.26
HOA Fees
- $1,145 Monthly HOA Fees
Interior Spaces
- 1,364 Sq Ft Home
- Ceiling Fan
- Decorative Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- European Shower
Accessible Home Design
- Accessibility Features
- No Interior Steps
- Level Entry For Accessibility
Utilities
- Forced Air Heating and Cooling System
- Radiator
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 77 Units
- Jennifer Pasko Association, Phone Number (312) 564-5920
- Property managed by The Building Group
- Lock-and-Leave Community
- 22-Story Property
Amenities
- Doorman
- Sundeck
- Sauna
- Coin Laundry
- Service Elevator
- Community Storage Space
- Elevator
Recreation
- Bike Trail
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
Dec 1, 2021
Closed on
Apr 15, 2022
Sold by
Inveiss Andris E and Inveiss Kellie H
Bought by
Hoenicke Daniel and Hoenicke Najee
Seller's Agent
Diana Ezerins
Coldwell Banker Realty
Buyer's Agent
Sandra Wright
White Hat Realty Group, LLC
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Total Days on Market
87
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
$37,733
Avg. Annual Appreciation
3.64%
Original Mortgage
$308,750
Outstanding Balance
$292,795
Interest Rate
4.38%
Mortgage Type
Balloon
Estimated Equity
$69,938
Purchase Details
Listed on
Dec 1, 2021
Closed on
Mar 22, 2022
Sold by
Inveiss Andris E and Inveiss Kellie H
Bought by
Hoenicke Daniel and Hoenicke Najee
Seller's Agent
Diana Ezerins
Coldwell Banker Realty
Buyer's Agent
Sandra Wright
White Hat Realty Group, LLC
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Outstanding Balance
$292,795
Interest Rate
4.38%
Mortgage Type
Balloon
Estimated Equity
$69,938
Purchase Details
Listed on
Sep 8, 2015
Closed on
May 25, 2016
Sold by
Bedross Steven T and Bedross Helen
Bought by
Inveiss Andris E and Inveiss Arija
Seller's Agent
Daniel Slivka
@properties Christie's International Real Estate
Buyer's Agent
Danny Sourbis
Coldwell Banker Realty
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2002
Sold by
Reid Brian and Reid Heidi
Bought by
Bedross Steven T and Bedross Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.63%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 14, 1999
Sold by
Reid Brian and Reid Heidi
Bought by
Reid Brian and Reid Heidi
Purchase Details
Closed on
Jul 23, 1999
Sold by
Wanichko Michelle M and Degroot Michelle M
Bought by
Hoffman Heidi and Reid Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.12%
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 |
|---|---|---|---|
| Hoenicke Daniel | $325,000 | -- | |
| Hoenicke Daniel | $325,000 | None Listed On Document | |
| Inveiss Andris E | $250,000 | Stewart Title | |
| Bedross Steven T | $272,000 | -- | |
| Reid Brian | -- | -- | |
| Hoffman Heidi | $187,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoenicke Daniel | $308,750 | |
| Previous Owner | Inveiss Andris E | $200,000 | |
| Previous Owner | Bedross Steven T | $104,000 | |
| Previous Owner | Bedross Steven T | $164,800 | |
| Previous Owner | Helen Bedross Steven T | $166,000 | |
| Previous Owner | Bedross Steven T | $217,600 | |
| Previous Owner | Reid Brian | $186,000 | |
| Previous Owner | Hoffman Heidi | $168,750 | |
| Closed | Bedross Steven T | $40,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $325,000 | +1.6% | $238 / Sq Ft |
| 02/27/2022 02/27/22 | Pending | -- | -- | -- |
| 12/01/2021 12/01/21 | For Sale | $320,000 | +28.0% | $235 / Sq Ft |
| 05/31/2016 05/31/16 | Sold | $250,000 | -9.1% | $172 / Sq Ft |
| 03/10/2016 03/10/16 | Pending | -- | -- | -- |
| 01/06/2016 01/06/16 | Price Changed | $275,000 | -5.2% | $190 / Sq Ft |
| 11/03/2015 11/03/15 | Price Changed | $290,000 | -3.3% | $200 / Sq Ft |
| 09/08/2015 09/08/15 | For Sale | $300,000 | -- | $207 / 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 | $5,672 | $35,232 | $1,345 | $33,887 |
| 2023 | $5,672 | $31,000 | $1,084 | $29,916 |
| 2022 | $5,672 | $31,000 | $1,084 | $29,916 |
| 2021 | $5,564 | $30,999 | $1,084 | $29,915 |
| 2020 | $4,391 | $22,814 | $715 | $22,099 |
| 2019 | $5,020 | $24,987 | $715 | $24,272 |
| 2018 | $4,936 | $24,987 | $715 | $24,272 |
| 2017 | $4,406 | $20,468 | $628 | $19,840 |
| 2016 | $3,599 | $20,468 | $628 | $19,840 |
| 2015 | $3,270 | $20,468 | $628 | $19,840 |
| 2014 | $3,321 | $20,469 | $515 | $19,954 |
Source: Public Records
Agents Affiliated with this Home
-
Diana Ezerins
-
Sandra Wright
Buyer's Agent in 2022
Sandra Wright
White Hat Realty Group, LLC
(773) 294-4444
18 in this area
182 Total Sales
-
Daniel Slivka
Seller's Agent in 2016
Daniel Slivka
@ Properties
(708) 209-9548
3 in this area
83 Total Sales
-
Monica Reilly
Seller Co-Listing Agent in 2016
Monica Reilly
@ Properties
(239) 560-6729
2 in this area
27 Total Sales
-
Danny Sourbis
D
Buyer's Agent in 2016
Danny Sourbis
Coldwell Banker Realty
(708) 692-6743
28 Total Sales
About The Eddystone
Map
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11278999
APN: 14-21-314-063-1061
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