NOT LISTED FOR SALE

1540 N 18th Ave Melrose Park, IL 60160

Estimated Value: $347,874 - $371,000

4 Beds
2 Baths
1,193 Sq Ft
$302/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $275,000 $231 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,458/month

45 Days on Market

Highlights

  • Second Kitchen
  • Detached Garage
  • Family Room Downstairs
  • Attic
  • Hot Water Heating System
  • Senior Tax Exemptions

About This Home

As of February 2021

Adorable Brick Bungalow. Extremely well taken care of by same owner for over 40 years. Entry way has large foyer with great walk in coat closet. Eat-in Kitchen leading to Four Season Room with beautiful exposed brick. Finished basement has separate walkout access to fenced in backyard, includes a wine cellar, laundry area, and also features an "apartment esque" second kitchen, bathroom, and bedroom. Home offers plenty of storage including HUGE, open attic with staircase off of kitchen, along with additional room for storage in 2.5 car HEATED garage with sliding party door. Roof on both house and garage were replaced in 2010 and tuck-pointed in 2013. Water heater and sump-pump also new as of 2013.

Last Agent to Sell the Property

Olivia Lapiana

KABS Realty INC License #475189064 Listed on: 11/28/2020

KABS Realty INC

Last Buyer's Agent

Rene Aguirre

Northlake Realtors License #475127208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,154

Year Built

  • 1927

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Heated Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Family Room Downstairs
  • Partially Finished Basement
  • Finished Basement Bathroom
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,154

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1193
  • Unfinished Basement Sq Ft: 400
  • Type Detached: 1 Story
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Total Sq Ft: 2493
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range
  • Attic: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X18, On Level: Basement
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Attic, 2nd Kitchen, Family Room - Down
  • Master Bedroom: Dimensions: 10X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Attic, Dimensions: 13X55, On Level: Attic
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 11X11, On Level: Basement
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Family Room - Down, Dimensions: 11X16, On Level: Basement
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 9X13, On Level: Basement
  • Estimated Sq Ft: 1193
  • Estimated Total Finished Sq Ft: 2093
  • Basement Sq Ft: 1300
  • Basement Finished Sq Ft: 900
  • Main Level Sq Ft: 1193

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.095

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Assessed Sq Ft: 1193

Schools

  • School District: 209
  • Junior High Dist: 89

Lot Info

  • Lot Dimensions: 35X125
  • Parcel Identification Number: 15031300210000

Tax Info

  • Taxes: 1953.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Feb 16, 2021
Sold by
Cimino Diane and Cimino Family Trust
Bought by
Martinez Ramiro
Seller's Agent
Olivia Lapiana
KABS Realty INC
Buyer's Agent
Rene Aguirre
Northlake Realtors
List Price
$297,500
Sold Price
$275,000
Premium/Discount to List
-$22,500
-7.56%
Current Estimated Value
$359,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,719
Avg. Annual Appreciation
4.68%
Original Mortgage
$6,000
Outstanding Balance
$5,451
Interest Rate
2.7%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$333,199

Purchase Details

Closed on
Dec 19, 2000
Sold by
Cimino Dominic R and Cimino Helen
Bought by
Cimino Dominic R and Cimino Helen
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 Ramiro $275,000 First American Title
Cimino Dominic R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ramiro $6,000
Previous Owner Martinez Ramiro $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $275,000 0.0% $231 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $274,900 -7.6% $230 / Sq Ft
11/28/2020 11/28/20 For Sale $297,500 -- $249 / 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 $6,154 $27,000 $3,816 $23,184
2023 $4,642 $27,000 $3,816 $23,184
2022 $4,642 $18,485 $3,300 $15,185
2021 $5,784 $18,485 $3,300 $15,185
2020 $5,622 $18,485 $3,300 $15,185
2019 $1,953 $15,978 $2,990 $12,988
2018 $1,950 $15,978 $2,990 $12,988
2017 $1,873 $15,978 $2,990 $12,988
2016 $2,695 $13,330 $2,681 $10,649
2015 $2,787 $13,330 $2,681 $10,649
2014 $2,729 $13,330 $2,681 $10,649
2013 $2,984 $15,140 $2,681 $12,459
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10942355

Midwest Real Estate Data (MRED)

APN: 15-03-130-021-0000