NOT LISTED FOR SALE

1524 N 31st Ave Melrose Park, IL 60160

Estimated Value: $324,000 - $342,354

6 Beds
2 Baths
1,100 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $240,000 $218 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,337/month

90 Days on Market

Highlights

  • Attached Garage
  • Property is near a bus stop
  • Central Air

About This Home

As of March 2021

Move in condition! Great for a large family or related living. Eat in kitchen with marble counter tops. 2 living rooms. Solid size closets in bedrooms. Tandem bedroom. House is much bigger than it looks in pictures!

Last Agent to Sell the Property

Jose Herrera

Northlake Realtors License #475102635 Listed on: 09/24/2020

Co-Listed By

Joey Diaz

Pak Home Realty License #475191698

Last Buyer's Agent

Julian Gutierrez

Illinois Real Estate Partners License #475175571

Illinois Real Estate Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,043

Year Built

  • 1956

Lot Details

  • 5,227

Parking

  • Attached Garage
  • Parking Available
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Location

  • Flood Zone Lot
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $8,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,043

Year Built

1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access, Flood Zone
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 12X19, On Level: Main Level
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 11X8, On Level: Main Level
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level
  • Additional Rooms: 6th Bedroom, 5th Bedroom
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 16X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 16X11, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Bedroom 4: Dimensions: 11X14, On Level: 2nd Level
  • Estimated Sq Ft: 1100
  • Family Room: Dimensions: 15X12, On Level: 2nd Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1286

Garage/Parking

  • Number of Cars: 7
  • Parking: Garage, Space/s
  • Number Parking Spaces: 6
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 88

Lot Info

  • Lot Dimensions: 41X134
  • Parcel Identification Number: 15042060560000

Tax Info

  • Taxes: 3653.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 22, 2021
Sold by
Yanez Juan and Yanez Rosaura
Bought by
Martinez Teresa and Aguilera Jose
Seller's Agent
Jose Herrera
Northlake Realtors
Buyer's Agent
Julian Gutierrez
Illinois Real Estate Partners
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%
Current Estimated Value
$329,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,839
Avg. Annual Appreciation
7.08%
Original Mortgage
$235,653
Outstanding Balance
$212,714
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$117,125

Purchase Details

Closed on
Jul 11, 1996
Sold by
Ocon Manuel V and Ocon Guadalupe R
Bought by
Yanez Juan and Yanez Rosaura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,902
Interest Rate
8.33%
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
Martinez Teresa $240,000 Chicago Title
Yanez Juan $109,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Teresa $235,653
Previous Owner Yanez Juan $106,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $240,000 +2.2% $218 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/16/2020 12/16/20 Price Changed $234,900 -2.1% $214 / Sq Ft
11/30/2020 11/30/20 Price Changed $239,900 -2.0% $218 / Sq Ft
11/20/2020 11/20/20 For Sale $244,900 +2.0% $223 / Sq Ft
11/17/2020 11/17/20 Off Market $240,000 -- --
11/04/2020 11/04/20 Price Changed $244,900 -2.0% $223 / Sq Ft
10/14/2020 10/14/20 For Sale $249,900 0.0% $227 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $249,900 -- $227 / 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 $7,043 $22,000 $3,501 $18,499
2023 $5,134 $22,000 $3,501 $18,499
2022 $5,134 $13,876 $3,081 $10,795
2021 $3,888 $13,876 $3,081 $10,795
2020 $3,835 $13,876 $3,081 $10,795
2019 $3,654 $13,097 $2,801 $10,296
2018 $4,061 $14,342 $2,801 $11,541
2017 $3,925 $14,342 $2,801 $11,541
2016 $3,132 $11,170 $2,520 $8,650
2015 $2,989 $11,170 $2,520 $8,650
2014 $2,954 $11,170 $2,520 $8,650
2013 $3,282 $13,091 $2,520 $10,571
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: MRD10883377

Midwest Real Estate Data (MRED)

APN: 15-04-206-056-0000