NOT LISTED FOR SALE

1606 N 16th Ave Melrose Park, IL 60160

Estimated Value: $325,000 - $479,000

5 Beds
2 Baths
2,132 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 1606 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $399,469, approximately $187 per square foot. 1606 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
Oct 3, 2011
Sold by
Tcf National Bank
Bought by
Trejo Godinez Erick and Romero Lara Rosa Elena
Current Estimated Value
$399,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 2011
Sold by
Velasquez Jose and Velazquez Jose
Bought by
Tcf National Bank

Purchase Details

Closed on
Aug 4, 2006
Sold by
Jankovec John and Jankovec Joyce
Bought by
Velazquez Jose and Velazquez Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2001
Sold by
Jankovec John
Bought by
Jankovec John and Jankovec Joyce M
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
Trejo Godinez Erick $160,000 Atgf Inc
Tcf National Bank -- Attorneys Title Guaranty Fun
Velazquez Jose $310,000 Chicago Title Insurance Co
Jankovec John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trejo Godinez Erick $152,000
Previous Owner Velazquez Jose $210,000
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 $8,233 $35,000 $4,072 $30,928
2023 $5,539 $35,000 $4,072 $30,928
2022 $5,539 $21,396 $3,522 $17,874
2021 $5,652 $21,395 $3,521 $17,874
2020 $5,564 $21,395 $3,521 $17,874
2019 $6,671 $24,009 $3,191 $20,818
2018 $6,645 $24,009 $3,191 $20,818
2017 $6,515 $24,009 $3,191 $20,818
2016 $6,210 $21,871 $2,861 $19,010
2015 $6,074 $21,871 $2,861 $19,010
2014 $5,901 $21,871 $2,861 $19,010
2013 $6,062 $24,227 $2,861 $21,366
Source: Public Records

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