NOT LISTED FOR SALE

1532 N 16th Ave Melrose Park, IL 60160

Estimated Value: $291,000 - $397,558

4 Beds
4 Baths
1,878 Sq Ft
$173/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $265,000 $141 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,062/month

42 Days on Market

Highlights

  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room
  • 4-minute walk to Bulger Park Veterans Park District
  • 1-Story Property
  • Wood Siding

About This Home

As of December 2023

Check out this 4bdrm home. Kitchen has been updated, has beautiful flooring throughout the house. With big yard space and lots of parking besides the garage. Create your own masterpiece here. There is so much potential. Surrounded by parks, shopping, dining, and convenient access to Metra, highways, and public transportation. Did you know that Melrose Park recently named by Chicago Magazine as one of the best suburbs for first-time home buyers, and recipient of the Governor's Hometown Award. Home is an estate sale and being sold as is.

Last Agent to Sell the Property

Brenda Quezada

RE/MAX Plaza License #475179075 Listed on: 09/22/2023

RE/MAX Plaza

Last Buyer's Agent

Jesus Parra

Shopping Casas Chicago LLC License #475199611

Shopping Casas Chicago LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,983

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 52x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Wood Siding

Interior Spaces

  • 1,878 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,983

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1933
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 1878
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1878
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 265000
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete,Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 52X125
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 2982.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Dec 7, 2023
Sold by
Gonzalez Martin
Bought by
Perez Evangelina M
Seller's Agent
Brenda Quezada
RE/MAX Plaza
Buyer's Agent
Jesus Parra
Shopping Casas Chicago LLC
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%
Views
272
Current Estimated Value
$325,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,390
Avg. Annual Appreciation
10.51%
Original Mortgage
$257,050
Outstanding Balance
$254,148
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$59,595

Purchase Details

Closed on
Dec 30, 2009
Sold by
Citimortgage Inc
Bought by
Marvy Remodeling Inc

Purchase Details

Closed on
Dec 27, 2002
Sold by
Gilardi Guido and Gilardi Madeline
Bought by
Soto Hetor and Soto Julissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,150
Interest Rate
6.23%
Source: Public Records

Range of Values:

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Average Value
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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
Perez Evangelina M $265,000 Fidelity National Title
Marvy Remodeling Inc $70,000 First American Title
Soto Hetor $215,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Evangelina M $257,050
Previous Owner Soto Hector $229,500
Previous Owner Soto Hetor $204,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $265,000 0.0% $141 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $265,000 -5.2% $141 / Sq Ft
10/24/2023 10/24/23 Price Changed $279,500 -1.9% $149 / Sq Ft
10/20/2023 10/20/23 Price Changed $285,000 -1.7% $152 / Sq Ft
10/10/2023 10/10/23 Price Changed $290,000 -3.3% $154 / Sq Ft
09/22/2023 09/22/23 For Sale $300,000 -- $160 / 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 $3,467 $15,000 $2,844 $12,156
2023 $2,924 $15,000 $2,844 $12,156
2022 $2,924 $11,199 $2,460 $8,739
2021 $2,983 $11,198 $2,460 $8,738
2020 $2,934 $11,198 $2,460 $8,738
2019 $3,381 $12,144 $2,229 $9,915
2018 $3,368 $12,144 $2,229 $9,915
2017 $3,301 $12,144 $2,229 $9,915
2016 $2,943 $10,430 $1,998 $8,432
2015 $2,877 $10,430 $1,998 $8,432
2014 $2,796 $10,430 $1,998 $8,432
2013 $2,858 $11,495 $1,998 $9,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11892007

Midwest Real Estate Data (MRED)

APN: 15-03-208-021-0000