NOT LISTED FOR SALE

1500 N 36th Ave Melrose Park, IL 60160

Estimated Value: $316,000 - $539,000

6 Beds
2 Baths
-- Sq Ft
7,275 Sq Ft Lot

Last Sold February 20, 2014

Last sale price $196,000

Est. 118% increase in value since last sale

Current estimated payment $2,359/month

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • 2-minute walk to Sharps Park

About This Home

As of February 2014

Beautiful brick 2-flat close to park and pool. Each unit 3 bed 1 bath, 2 car detached garage.Property is in a flood zone. This is a Fannie Mae HomePath property.Purchase this property for as little as 5% down!Property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing.SEE ADDIT DOCS FOR MULTIPLE OFFER SHEET&OFFER SUBMITION INSTRUCTIONS.

Last Agent to Sell the Property

Richard Wolnik

Riklin Realty License #471008471 Listed on: 12/06/2013

Co-Listed By

Elena Levin

Owners.com

Last Buyer's Agent

Monika Daker

Illinois Real Estate Partners Inc License #475146237

Illinois Real Estate Partners Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $947

Lot Details

  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 0.16
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 947
  • Tax Year: 2011
  • 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

Listed on
Dec 6, 2013
Closed on
Dec 30, 2013
Sold by
Fannie Mae
Bought by
Rodriguez Carlos
Seller's Agent
Richard Wolnik
Riklin Realty
Buyer's Agent
Monika Daker
Illinois Real Estate Partners Inc
List Price
$194,000
Sold Price
$196,000
Premium/Discount to List
$2,000
1.03%
Current Estimated Value
$427,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,500
Avg. Annual Appreciation
6.90%
Original Mortgage
$189,458
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2013
Sold by
Castillo Pedro
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 18, 2008
Sold by
Castillo Pedro
Bought by
Castillo Pedro and Castillo Esperanza Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Castillo Antonio
Bought by
Castillo Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
8.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 1998
Sold by
Singh Baljit
Bought by
Castillo Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1997
Sold by
Hainault Greg
Bought by
Singh Baljit
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
Rodriguez Carlos $196,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Castillo Pedro -- Citywide Title Corporation
Castillo Pedro $315,000 Pntn
Castillo Antonio $195,000 Professional National Title
Singh Baljit $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Carlos $189,458
Previous Owner Castillo Pedro $312,000
Previous Owner Castillo Pedro $299,250
Previous Owner Castillo Antonio $188,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $196,000 +1.0% --
12/18/2013 12/18/13 Pending -- -- --
12/06/2013 12/06/13 For Sale $194,000 -- --
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 $1,453 $4,538 $4,538 --
2023 $1,477 $4,538 $4,538 --
2022 $1,477 $3,993 $3,993 $0
2021 $1,472 $3,993 $3,993 $0
2020 $1,421 $3,993 $3,993 $0
2019 $1,372 $3,630 $3,630 $0
2018 $1,352 $3,630 $3,630 $0
2017 $1,299 $3,630 $3,630 $0
2016 $1,180 $3,267 $3,267 $0
2015 $1,143 $3,267 $3,267 $0
2014 $1,122 $3,267 $3,267 $0
2013 $1,025 $3,267 $3,267 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08499692

Midwest Real Estate Data (MRED)

APN: 15-04-119-054-0000