Seller's Agent in 2020
Tim Schiller
@ Properties
(630) 992-0582
1 in this area
975 Total Sales
1118 N 16th Ave Melrose Park, IL 60160
Estimated Value: $309,000 - $458,000
3
Beds
2
Baths
1,558
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Attached Garage
- Handicap Shower
- Corner Lot
- Breakfast Bar
- Central Air
About This Home
As of May 2020EXPANDED 3 BEDROOM RANCH WITH A FAMILY ROOM ADDITION LOCATED IN THE HEART OF MELROSE PARK. UPDATED EAT-IN KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES. 2 FULL BATHROOMS, LARGE PARTIALLY FINISHED BASEMENT AND A 3 CAR GARAGE! NEWER A/C, GENERATOR AND NEWER WINDOWS. CLOSE TO SHOPPING, RESTAURANTS AND PUBLIC TRANSPORTATION. HOME HAS BEEN WELL MAINTAINED.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475127707 Listed on: 01/31/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,414
Year Built
- 1955
Lot Details
- 6,098
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Handicap Shower
- Corner Lot
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
- $5,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2020
Closed on
Apr 16, 2020
Sold by
Morrocco George
Bought by
Cerda Luis
Seller's Agent
Tim Schiller
@properties Christie's International Real Estate
Buyer's Agent
David Ayabarreno
RE/MAX Plaza
List Price
$239,000
Sold Price
$232,500
Premium/Discount to List
-$6,500
-2.72%
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
$148,258
Avg. Annual Appreciation
9.56%
Original Mortgage
$209,250
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Dangelo Ruth and Ruth Dangelo Revocable Trust
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 |
|---|---|---|---|
| Cerda Luis | $232,500 | First American Title Ins Co | |
| Dangelo Ruth | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cerda Luis | $209,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2020 05/27/20 | Sold | $232,500 | -2.7% | $149 / Sq Ft |
| 02/08/2020 02/08/20 | Pending | -- | -- | -- |
| 01/31/2020 01/31/20 | For Sale | $239,000 | -- | $153 / 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 | $6,414 | $28,000 | $5,715 | $22,285 |
| 2023 | $4,970 | $28,000 | $5,715 | $22,285 |
| 2022 | $4,970 | $19,547 | $4,921 | $14,626 |
| 2021 | $6,116 | $19,547 | $4,921 | $14,626 |
| 2020 | $2,343 | $19,547 | $4,921 | $14,626 |
| 2019 | $2,761 | $20,978 | $4,445 | $16,533 |
| 2018 | $2,755 | $20,978 | $4,445 | $16,533 |
| 2017 | $2,646 | $20,978 | $4,445 | $16,533 |
| 2016 | $3,525 | $16,051 | $3,968 | $12,083 |
| 2015 | $3,646 | $16,051 | $3,968 | $12,083 |
| 2014 | $3,832 | $16,938 | $3,968 | $12,970 |
| 2013 | $4,228 | $19,572 | $3,968 | $15,604 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Schiller
-
Carrie Pikulik
Seller Co-Listing Agent in 2020
Carrie Pikulik
@ Properties
(630) 530-0900
15 Total Sales
-
David Ayabarreno
Buyer's Agent in 2020
David Ayabarreno
RE/MAX Plaza
(847) 542-4592
99 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10624032
APN: 15-03-422-017-0000
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