NOT LISTED FOR SALE

1580 N 5th Ave Unit 2 Melrose Park, IL 60160

North Maywood Neighborhood

Estimated Value: $356,000 - $413,000

3 Beds
3 Baths
1,918 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 1580 N 5th Ave Unit 2, Melrose Park, IL 60160 and is currently estimated at $393,793, approximately $205 per square foot. 1580 N 5th Ave Unit 2 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
Mar 28, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Chavez Fernando
Current Estimated Value
$393,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,476
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2009
Sold by
Rocha Ramona
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 14, 2004
Sold by
Marquez Juan R and Rocha Ramona
Bought by
Rocha Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,600
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2000
Sold by
Tiedje William W
Bought by
Marquez Juan R and Rocha Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,313
Interest Rate
8.24%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Chavez Fernando $139,000 Chicago Title Insurance Co
Deutsche Bank National Trust Company -- None Available
Rocha Ramona -- Multiple
Marquez Juan R $174,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavez Fernando $135,476
Previous Owner Rocha Ramona $194,600
Previous Owner Marquez Juan R $173,313
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 $7,974 $34,000 $4,550 $29,450
2023 $5,934 $34,000 $4,550 $29,450
2022 $5,934 $22,678 $3,900 $18,778
2021 $6,054 $22,678 $3,900 $18,778
2020 $5,954 $22,678 $3,900 $18,778
2019 $5,711 $21,047 $3,575 $17,472
2018 $5,688 $21,047 $3,575 $17,472
2017 $7,065 $22,377 $3,575 $18,802
2016 $6,080 $18,968 $3,250 $15,718
2015 $5,985 $18,968 $3,250 $15,718
2014 $5,799 $18,968 $3,250 $15,718
2013 $5,542 $19,745 $3,250 $16,495
Source: Public Records

Map

Illinois Cook County Melrose Park 60160 North Maywood

1580 N 5th Ave Unit 2, Melrose Park, IL

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