NOT LISTED FOR SALE

1206 N 20th Ave Melrose Park, IL 60160

Estimated Value: $306,806 - $359,000

5 Beds
3 Baths
1,107 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $350,000 $316 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,168/month

46 Days on Market

Highlights

  • 2 Car Detached Garage
  • Humidifier
  • Ceiling Fan
  • Two Heating Systems

About This Home

As of April 2022

NEWER VINYL SIDED TWO UNIT WITH FINISHED BASEMENT SITUATED ON 3-LOTS WITH DRIVEWAY LEADING TO A 2-CAR GARAGE. BOTH UNITS FEATURE 4-ROOMS, 2-BEDROOMS AND A BATH. BASEMENT HAS POTENTIAL FOR RELATED LIVING WITH LIVING ROOM, BEDROOM, ADDITIONAL ROOM AND FULL BATH. SEPARATE UTILTIES, 2-GFA FURNACES, 2-HOT WATER TANKS. NEWER UPGRADES INCLUDE SOLAR PANELS APPROXIMATELY 5-MONTHS OLD, WHICH ARE TRANSFERABLE TO NEW OWNER, FOR 1ST FLOOR UNIT AND BASEMENT. VINYL SIDING ON BUILDING APPROXIMATELY 1-YEAR OLD, ROOF ON BUILDING-6 MONTHS OLD, FRONT AND REAR WOODEN FENCE-6 MONTHS OLD. NEWER PLANK AND LAMINATE FLOORING ON 1ST AND 2ND FLOOR UNITS. PLENTY OF PARKING ON DRIVEWAY AND BEHIND GARAGE. PLENTY OF SPACE ON SIDE AND BACKYARD. UNDER ADDITIONAL INFORMATION YOU'LL FIND TWO COMED BILLS TO SHOW HOW VERY INEXPENSIVE THE ELECTRIC BILL IS DUE TO THE SOLAR PANELS. EXCELLENT INVESTMENT PROPERTY OR OWNER OCCUPY. MAKE YOUR APPOINTMENT TODAY!!!

Last Agent to Sell the Property

Noel Rivera

Realty Advantage Plus License #471005841 Listed on: 01/26/2022

Last Buyer's Agent

Angel King

Pearson Realty Group License #475191392

Pearson Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,272

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Humidifier
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,272

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 361999
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Schools

  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 9774
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6272.11
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Beza Kevin Neftaly Acevedo
Bought by
Arroyo-Martinez Fernando and Flores Gloria Y
Current Estimated Value
$326,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$417,607
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
-$90,905

Purchase Details

Listed on
Mar 18, 2018
Closed on
May 2, 2018
Sold by
Montero Efren Reyes and Diaz Martha A
Bought by
Temblador Francisco
Seller's Agent
Jorge Ortega
REMAX Legends
Buyer's Agent
Noel Rivera
Realty Advantage Plus
List Price
$179,900
Sold Price
$177,000
Premium/Discount to List
-$2,900
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$173,794
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arroyo-Martinez Fernando $430,000 None Listed On Document
Temblador Francisco $177,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo-Martinez Fernando $422,211
Previous Owner Temblador Francisco $173,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2022 04/28/22 Sold $350,000 -3.3% $316 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/26/2022 02/26/22 For Sale -- -- --
02/09/2022 02/09/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $361,999 +104.5% $327 / Sq Ft
06/14/2018 06/14/18 Sold $177,000 -1.6% $160 / Sq Ft View Prior Sale
04/04/2018 04/04/18 Pending -- -- --
03/18/2018 03/18/18 For Sale $179,900 -- $163 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $5,457 $21,000 $2,970 $18,030
2023 $4,804 $21,000 $2,970 $18,030
2022 $4,804 $15,591 $2,558 $13,033
2021 $4,878 $15,589 $2,557 $13,032
2020 $4,742 $15,589 $2,557 $13,032
2019 $4,968 $15,325 $2,310 $13,015
2018 $3,840 $15,325 $2,310 $13,015
2017 $3,773 $15,325 $2,310 $13,015
2016 $3,477 $13,346 $2,062 $11,284
2015 $3,384 $13,346 $2,062 $11,284
2014 $3,295 $13,346 $2,062 $11,284
2013 $3,392 $14,715 $2,062 $12,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11311905

Midwest Real Estate Data (MRED)

APN: 15-03-320-017-0000