NOT LISTED FOR SALE

1536 N 16th Ave Melrose Park, IL 60160

Estimated Value: $284,000 - $351,938

2 Beds
1 Bath
842 Sq Ft
$378/Sq Ft Est. Value

About This Home

This home is located at 1536 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $318,235, approximately $377 per square foot. 1536 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
Aug 31, 2024
Sold by
Benitez Jesus and Gomez Belen
Bought by
Lopez Andres R
Current Estimated Value
$318,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,410
Outstanding Balance
$254,751
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$49,290

Purchase Details

Closed on
Aug 28, 1995
Sold by
Medina Jose A and Medina Elizabeth
Bought by
Benitez Jesus and Gomez Belen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,192
Interest Rate
7.76%
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
Lopez Andres R $315,000 None Listed On Document
Benitez Jesus $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Andres R $256,410
Previous Owner Benitez Jesus $180,200
Previous Owner Gomez Belen $23,000
Previous Owner Benitez Jesus $133,500
Previous Owner Benitez Jesus $15,000
Previous Owner Benitez Jesus $104,192
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 $4,595 $21,000 $3,982 $17,018
2023 $3,577 $21,000 $3,982 $17,018
2022 $3,577 $15,027 $3,444 $11,583
2021 $3,660 $15,027 $3,444 $11,583
2020 $3,627 $15,027 $3,444 $11,583
2019 $2,819 $12,127 $3,121 $9,006
2018 $2,807 $12,127 $3,121 $9,006
2017 $2,763 $12,127 $3,121 $9,006
2016 $2,299 $9,671 $2,798 $6,873
2015 $2,224 $9,671 $2,798 $6,873
2014 $2,171 $9,671 $2,798 $6,873
2013 $2,979 $13,241 $2,798 $10,443
Source: Public Records

Map