NOT LISTED FOR SALE

1516 N 16th Ave Melrose Park, IL 60160

Estimated Value: $300,000 - $360,000

5 Beds
1 Bath
1,324 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 1516 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $333,975, approximately $252 per square foot. 1516 N 16th Ave is a home located in Cook County with nearby schools including Jane Addams Elementary School, Stevenson Middle School, and Proviso East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 1998
Sold by
Fonseca Salvador and Guerrero Jose
Bought by
Ponseca Salvador and Guerrero Jose
Current Estimated Value
$333,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 1, 1996
Sold by
Laetsch Werna and Damjanich Milda
Bought by
Fonseca Salvador and Guerrero Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
8.26%
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
Ponseca Salvador -- Law Title Insurance Co
Fonseca Salvador -- Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ponseca Salvador $105,000
Closed Fonseca Salvador $100,700
Source: Public Records

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 $5,375 $24,000 $5,689 $18,311
2023 $4,877 $24,000 $5,689 $18,311
2022 $4,877 $19,246 $4,920 $14,326
2021 $4,980 $19,246 $4,920 $14,326
2020 $4,910 $19,246 $4,920 $14,326
2019 $4,300 $16,695 $4,458 $12,237
2018 $4,283 $16,695 $4,458 $12,237
2017 $4,205 $16,695 $4,458 $12,237
2016 $4,175 $15,522 $3,997 $11,525
2015 $4,070 $15,522 $3,997 $11,525
2014 $3,960 $15,522 $3,997 $11,525
2013 $3,933 $16,640 $3,997 $12,643
Source: Public Records

Map

Illinois Cook County Melrose Park 60160

1516 N 16th Ave, Melrose Park, IL

This home is located at 1516 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $333,975, approximately $252 per square foot. 1516 N 16th Ave is a home located in Cook County with nearby schools including Jane Addams 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.

Nearby Homes