1201 N 16th Ave Melrose Park, IL 60160
Estimated Value: $323,000 - $507,000
5
Beds
2
Baths
2,550
Sq Ft
$165/Sq Ft
Est. Value
About This Home
This home is located at 1201 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $420,091, approximately $164 per square foot. 1201 N 16th Ave is a home located in Cook County with nearby schools including Lincoln Elementary School, Stevenson Middle School, and Proviso East High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 1998
Sold by
Cosmopolitan Bank & Trust
Bought by
Herrera Francisco and Diaz Gloria
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,350
Interest Rate
6.96%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Herrera Francisco | $154,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Herrera Francisco | $151,350 |
Source: Public Records
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 | $7,454 | $32,000 | $2,970 | $29,030 |
| 2023 | $6,458 | $32,000 | $2,970 | $29,030 |
| 2022 | $6,458 | $24,377 | $2,558 | $21,819 |
| 2021 | $6,585 | $24,376 | $2,557 | $21,819 |
| 2020 | $6,471 | $24,376 | $2,557 | $21,819 |
| 2019 | $7,016 | $25,073 | $2,310 | $22,763 |
| 2018 | $6,989 | $25,073 | $2,310 | $22,763 |
| 2017 | $6,851 | $25,073 | $2,310 | $22,763 |
| 2016 | $5,435 | $19,453 | $2,062 | $17,391 |
| 2015 | $5,311 | $19,453 | $2,062 | $17,391 |
| 2014 | $5,162 | $19,453 | $2,062 | $17,391 |
| 2013 | $6,476 | $25,702 | $2,062 | $23,640 |
Source: Public Records
Map
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