1603 N 16th Ave Melrose Park, IL 60160
Estimated Value: $286,000 - $337,000
2
Beds
2
Baths
799
Sq Ft
$386/Sq Ft
Est. Value
About This Home
This home is located at 1603 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $308,510, approximately $386 per square foot. 1603 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
Sep 30, 1999
Sold by
Kopacz Jerome
Bought by
Carrillo Esteban
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Outstanding Balance
$39,309
Interest Rate
7.93%
Estimated Equity
$269,201
Purchase Details
Closed on
Apr 24, 1996
Sold by
Cutrone John N
Bought by
Cutrone Maria T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.27%
Mortgage Type
Balloon
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carrillo Esteban | $136,000 | -- | |
| Cutrone Maria T | -- | -- | |
| Cutrone Maria T | -- | 1St American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carrillo Esteban | $129,200 | |
| Previous Owner | Cutrone Maria T | $82,500 |
Source: Public Records
Tax History Compared to Growth
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 | $4,878 | $20,876 | $4,072 | $16,804 |
| 2023 | $3,264 | $22,090 | $4,072 | $18,018 |
| 2022 | $3,264 | $14,013 | $3,522 | $10,491 |
| 2021 | $3,921 | $15,862 | $3,521 | $12,341 |
| 2020 | $3,881 | $15,862 | $3,521 | $12,341 |
| 2019 | $2,630 | $11,541 | $3,191 | $8,350 |
| 2018 | $2,618 | $11,541 | $3,191 | $8,350 |
| 2017 | $2,578 | $11,541 | $3,191 | $8,350 |
| 2016 | $2,127 | $9,133 | $2,861 | $6,272 |
| 2015 | $2,246 | $9,740 | $2,861 | $6,879 |
| 2014 | $2,192 | $9,740 | $2,861 | $6,879 |
| 2013 | $2,476 | $11,450 | $2,861 | $8,589 |
Source: Public Records
Map
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