NOT LISTED FOR SALE

1215 N 16th Ave Melrose Park, IL 60160

Estimated Value: $344,000 - $573,000

6 Beds
4 Baths
3,545 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $177,000 $50 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,268/month

About This Home

As of March 2015

GREAT INVESTMENT PROPERTY ON OVERSIZE LOT. LOVELY 3 BEDROOM 2 BATH PLUS STUDIO IN-LAW APARTMENT. ATTACHED 2 1/2 CAR GARAGE PLUS 9 ADDT'L PARKING SPACES. NEW BOILER, PROPERTY IS BEING SOLD AS IS AND BUYER TO ASSUME VILLAGE REPAIRS. NOTE TAXES ARE HIGH AND WITH NO EXEMPTIONS. GREAT LOCATION. MUST SEE TO APPRECIATE!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Mar 12, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Rangel Juan
Seller's Agent
Gabe Caporale
Caporale Realty Group
Buyer's Agent
James Mandl
Allen Watkins
List Price
$194,900
Sold Price
$177,000
Premium/Discount to List
-$17,900
-9.18%
Current Estimated Value
$480,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,279
Avg. Annual Appreciation
9.88%
Original Mortgage
$196,192
Outstanding Balance
$154,677
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$325,602

Purchase Details

Closed on
Jan 31, 2014
Sold by
Pizzoferrato Dolores M
Bought by
Chicago Title Land Trust Company and Trust #8002363777

Purchase Details

Closed on
Apr 3, 1995
Sold by
River Forest State Bank & Trust Company
Bought by
Pizzoferrato Dolores M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Rangel Juan $177,000 Chicago Title Land Trust Co
Chicago Title Land Trust Company -- None Available
Pizzoferrato Dolores M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Juan $196,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2015 03/26/15 Sold $177,000 -9.2% $50 / Sq Ft View Prior Sale
09/26/2014 09/26/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $194,900 -- $55 / Sq Ft

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 $8,753 $37,000 $4,095 $32,905
2023 $7,054 $37,000 $4,095 $32,905
2022 $7,054 $26,311 $3,526 $22,785
2021 $8,232 $26,311 $3,526 $22,785
2020 $8,003 $26,311 $3,526 $22,785
2019 $9,633 $29,716 $3,185 $26,531
2018 $9,598 $29,716 $3,185 $26,531
2017 $9,382 $29,716 $3,185 $26,531
2016 $5,673 $17,700 $2,843 $14,857
2015 $8,760 $27,761 $2,843 $24,918
2014 $8,487 $27,761 $2,843 $24,918
2013 $8,153 $29,045 $2,843 $26,202
Source: Public Records

Agents Affiliated with this Home

  • Gabe Caporale

    Seller's Agent in 2015

    Gabe Caporale

    Caporale Realty Group

    (708) 473-7334

    1 in this area

    161 Total Sales

    Gabe Caporale
    Section Image

  • J

    Buyer's Agent in 2015

    James Mandl

    Allen Watkins

See All Agents

Map

Illinois Cook County Melrose Park 60160

1215 N 16th Ave, Melrose Park, IL

This home is located at 1215 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $480,279, approximately $135 per square foot. 1215 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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