NOT LISTED FOR SALE

1318 N 16th Ave Melrose Park, IL 60160

Estimated Value: $348,000 - $483,000

4 Beds
3 Baths
2,134 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 25, 2016

Last sale price $250,000 $117 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,850/month

28 Days on Market

Highlights

  • Recreation Room
  • Corner Lot
  • Stainless Steel Appliances
  • Wood Flooring
  • Walk-In Pantry
  • Fenced Yard

About This Home

As of June 2016

Don't Miss this Beautiful Updated 4 Bed 3 Bath Brick Bungalow on a Great Corner Lot!! As you Walk In, You Will Notice the Beautiful Windows that Provide Lots of Natural Light and the Gleaming Hardwood Floors Throughout. Home Features a Spacious Family Room with a Beautiful Brick Fireplace and a Dining Room that Has Plenty of Space to Entertain! The Updated Kitchen is a Chef's Delight with Stainless Steel Appliances, a Gourmet Stainless Steel Top Island, Contemporary Backsplash and Tons of Cabinet Space! The Updated Bathroom is Stunning with Quartz Top Vanity and Tile Shower with Mosaic Inlay. The 2 Bedrooms on the 2nd Floor are HUGE and Have their own Full Bath. The Partially Finished Basement is Just Waiting for You to Make Your Final Touches with Over 1500 Square Feet of Space! The Fully Fenced Yard is Right off the Kitchen and Gives you Plenty of Room to Wow your Guests and Enjoy the Summer Evenings. Hurry, You Don't want to Miss this One!

Last Agent to Sell the Property

Michael Goodwin

john greene, Realtor License #475135092 Listed on: 02/25/2016

john greene, Realtor

Co-Listed By

Marcie Robinson

@properties Christie's International Real Estate License #475158489

Last Buyer's Agent

Henry Luna

Worth Clark Realty License #471008119

Worth Clark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,796

Year Built

  • 1928

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Corner Lot

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Gas Log Fireplace
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,796

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 81-90 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs
  • Attic: Finished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 29X25, On Level: Basement
  • Dining Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Enclosed Porch, Recreation Room
  • Master Bedroom: Dimensions: 12X20, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 7X9, On Level: Main Level, Flooring: Other, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 33X26, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 11X20, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 19X28, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2134
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X21, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)
  • Acreage: 0.1515

Garage/Parking

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

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Radiant, Radiators

Schools

  • School District: 209
  • Elementary School: STEVENSON ELEMENTARY SCHOOL
  • High School: PROVISO EAST HIGH SCHOOL
  • Junior High Dist: 89
  • High School #2: PROVISO MATHEMATICS AND SCIENCE

Lot Info

  • Lot Dimensions: 6600
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 15034080090000

Tax Info

  • Taxes: 5855.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Jun 27, 2016
Sold by
Weiner Robert and Weiner Marianne
Bought by
Galvan Jose R
Seller's Agent
Michael Goodwin
john greene, Realtor
Buyer's Agent
Henry Luna
Worth Clark Realty
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Current Estimated Value
$416,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,186
Avg. Annual Appreciation
5.61%
Original Mortgage
$250,381
Outstanding Balance
$206,303
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$209,883

Purchase Details

Closed on
Jul 15, 1997
Sold by
Rose Lorenzo Anthony J and Rose Lorenzo Anna
Bought by
Weiner Robert and Weiner Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,739
Interest Rate
7.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Galvan Jose R $255,000 Chicago Title
Weiner Robert $155,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Jose R $250,381
Previous Owner Weiner Robert $151,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2016 06/25/16 Sold $250,000 -3.5% $117 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/10/2016 03/10/16 Price Changed $259,000 -3.7% $121 / Sq Ft
02/25/2016 02/25/16 For Sale $269,000 -- $126 / 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 $7,796 $30,000 $5,940 $24,060
2023 $7,499 $30,000 $5,940 $24,060
2022 $7,499 $24,337 $5,115 $19,222
2021 $7,614 $24,336 $5,115 $19,221
2020 $7,402 $24,336 $5,115 $19,221
2019 $7,872 $24,284 $4,620 $19,664
2018 $7,844 $24,284 $4,620 $19,664
2017 $7,667 $24,284 $4,620 $19,664
2016 $6,161 $21,720 $4,125 $17,595
2015 $6,026 $21,720 $4,125 $17,595
2014 $5,855 $21,720 $4,125 $17,595
2013 $4,368 $18,191 $4,125 $14,066
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09148158

Midwest Real Estate Data (MRED)

APN: 15-03-408-009-0000