NOT LISTED FOR SALE

1602 N 33rd Ave Melrose Park, IL 60160

Estimated Value: $299,705 - $315,000

5 Beds
2 Baths
1,128 Sq Ft
$271/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $190,000 $168 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,180/month

136 Days on Market

About This Home

As of January 2017

Property is being sold "AS IS" Seller will give a credit for repairs.

Last Agent to Sell the Property

Roderick Ratchford

Real People Realty License #475152471 Listed on: 06/26/2016

Real People Realty

Last Buyer's Agent

Jhon Arango

Homes and Rentals Realty, Inc License #475172042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,615

Year Built

  • Built in 1963

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,615

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 190000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 33X132
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4615.13
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2016
Closed on
Jan 18, 2017
Sold by
Radovan Rogic
Bought by
Perales Carlos
Seller's Agent
Roderick Ratchford
Real People Realty
Buyer's Agent
Jhon Arango
Homes and Rentals Realty, Inc
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Current Estimated Value
$305,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,926
Avg. Annual Appreciation
5.55%
Original Mortgage
$173,992
Outstanding Balance
$143,385
Interest Rate
4.12%
Estimated Equity
$162,541

Purchase Details

Closed on
Oct 28, 2010
Sold by
Tucker Linda
Bought by
Rogic Radovan and Stojkovic Jelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,631
Interest Rate
4.5%
Mortgage Type
FHA
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
Perales Carlos -- --
Rogic Radovan $103,000 Success Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perales Carlos $173,992
Closed Perales Carlos --
Previous Owner Rogic Radovan $101,631
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $190,000 0.0% $168 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
10/26/2016 10/26/16 Price Changed $190,000 -2.6% $168 / Sq Ft
10/22/2016 10/22/16 For Sale $195,000 +2.6% $173 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/10/2016 10/10/16 Off Market $190,000 -- --
09/05/2016 09/05/16 Price Changed $195,000 -2.0% $173 / Sq Ft
08/18/2016 08/18/16 Price Changed $199,000 -2.9% $176 / Sq Ft
06/26/2016 06/26/16 For Sale $205,000 -- $182 / 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 $6,942 $22,295 $2,723 $19,572
2023 $4,736 $25,001 $2,723 $22,278
2022 $4,736 $16,220 $2,396 $13,824
2021 $5,979 $16,218 $2,395 $13,823
2020 $5,773 $16,218 $2,395 $13,823
2019 $5,851 $15,482 $2,178 $13,304
2018 $5,765 $15,482 $2,178 $13,304
2017 $5,541 $15,482 $2,178 $13,304
2016 $4,435 $12,281 $1,960 $10,321
2015 $4,295 $12,281 $1,960 $10,321
2014 $4,615 $13,440 $1,960 $11,480
2013 $3,231 $10,300 $1,960 $8,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09269454

Midwest Real Estate Data (MRED)

APN: 15-04-122-060-0000