NOT LISTED FOR SALE

1523 N 37th Ave Melrose Park, IL 60160

Estimated Value: $335,000 - $381,428

3 Beds
2 Baths
1,061 Sq Ft
$335/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $315,000 $297 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,530/month

63 Days on Market

About This Home

As of December 2021

Melrose Park shines up once more with this amazing brick bungalow that includes, 3 generous size bedrooms and 2 full baths. Located in a very convenient part of Melrose! Property is meticulously well maintained with full finish basement. Fall in love with it's beautiful entrance. Huge driveway leading to a 2 car garage, good size fenced in back yard. This home is totally ready for you to move in and enjoy! Schedule your appointment today!!! Motivated seller. Willing to consider all reasonable offers!!!

Last Agent to Sell the Property

Humberto Santillanes

Pak Home Realty License #475137547 Listed on: 08/25/2021

Last Buyer's Agent

Gloria Tamayo

Vista Realty Group LLC License #475172247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,003

Year Built

  • 1929

Lot Details

  • 5,663

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,003

Year Built

1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Lake St , East of Mannheim Rd to 36th N to Division W to 37th N to property address
  • Lot Size: 44X136
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1929

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Attic: Full,Unfinished
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Dining Room Type: Recreation Room

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 209

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3748.44
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Dec 9, 2021
Sold by
Medina Corina and Medina Cesar
Bought by
Alonso Mario A
Seller's Agent
Humberto Santillanes
Pak Home Realty
Buyer's Agent
Gloria Tamayo
Vista Realty Group LLC
List Price
$349,800
Sold Price
$315,000
Premium/Discount to List
-$34,800
-9.95%
Current Estimated Value
$355,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,857
Avg. Annual Appreciation
3.22%
Original Mortgage
$309,294
Outstanding Balance
$286,823
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$69,034

Purchase Details

Closed on
May 21, 1999
Sold by
Casas Mario and Casas Sonia
Bought by
Medina Cesar and Medina Corina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,070
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 1995
Sold by
Vazquez Felix A and Vazquez Concepcion
Bought by
Casas Mario and Casas Sonal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,850
Interest Rate
8.42%
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
Alonso Mario A $315,000 Chicago Title
Medina Cesar -- --
Casas Mario $113,000 Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonso Mario A $309,294
Previous Owner Medina Cesar $139,070
Previous Owner Casas Mario $110,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $315,000 -9.9% $297 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $349,800 -- $330 / 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 $8,003 $25,000 $3,743 $21,257
2023 $5,044 $25,000 $3,743 $21,257
2022 $5,044 $13,633 $3,294 $10,339
2021 $3,798 $13,632 $3,293 $10,339
2020 $3,748 $13,632 $3,293 $10,339
2019 $4,706 $15,880 $2,994 $12,886
2018 $4,634 $15,880 $2,994 $12,886
2017 $4,476 $15,880 $2,994 $12,886
2016 $3,977 $13,509 $2,695 $10,814
2015 $3,807 $13,509 $2,695 $10,814
2014 $3,757 $13,509 $2,695 $10,814
2013 $4,399 $16,654 $2,695 $13,959
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11200041

Midwest Real Estate Data (MRED)

APN: 15-04-119-009-0000