NOT LISTED FOR SALE

1612 N 18th Ave Melrose Park, IL 60160

Estimated Value: $212,000 - $270,000

2 Beds
2 Baths
950 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $103,000 $108 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,757/month

20 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Bulger Park Veterans Park District

About This Home

As of March 2015

Amazing opportunity to own this ATTACHED TOWNHOUSE! Great space! New carpet and paint. Detached garage. Partially finished basement with extra bathroom. Easy access to North Avenue and shopping. This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Andy Sokol

The Sokol Group License #471004535 Listed on: 12/23/2014

Co-Listed By

Matt Kumar

The Sokol Group

Last Buyer's Agent

Rene Aguirre

Northlake Realtors License #475127208

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,447

Year Built

  • 1945

Lot Details

  • 3,441

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,447

Year Built

1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1945
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1945

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 9X12, On Level: Main Level
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 7X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 9X10, On Level: 2nd Level
  • Bedroom 2: Dimensions: 9X9, On Level: 2nd Level
  • Estimated Sq Ft: 950

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK

Schools

  • School District: 212
  • Junior High Dist: 212

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 15031220860000

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Tax Info

  • Taxes: 2785.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Jan 22, 2015
Sold by
Fannie Mae
Bought by
Aguirre Lorena Arechiga and Rojo Alejandro F
Seller's Agent
Andy Sokol
The Sokol Group
Buyer's Agent
Rene Aguirre
Northlake Realtors
List Price
$106,000
Sold Price
$103,000
Premium/Discount to List
-$3,000
-2.83%
Total Days on Market
20
Current Estimated Value
$247,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,516
Avg. Annual Appreciation
9.11%
Original Mortgage
$82,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2013
Sold by
Ortiz Jodette A and Ortiz Jodette
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 21, 1998
Sold by
Lio Louis J and Lio Judith A
Bought by
Ortiz David and Ortiz Jodette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,005
Interest Rate
7.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 1994
Sold by
Custardo Thomas P
Bought by
Lio Louis J and Lio Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,785
Interest Rate
8.45%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Aguirre Lorena Arechiga $103,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Ortiz David $115,000 Professional National Title
Lio Louis J $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguirre Lorena Arechiga $82,400
Previous Owner Ortiz David $20,260
Previous Owner Ortiz David $180,000
Previous Owner Ortiz David $21,000
Previous Owner Ortiz David $156,300
Previous Owner Ortiz David $127,500
Previous Owner Ortiz David $120,000
Previous Owner Ortiz David $114,005
Previous Owner Lio Louis J $94,785
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2015 03/04/15 Sold $103,000 -2.8% $108 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $106,000 -- $112 / 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 $4,447 $22,000 $3,179 $18,821
2023 $4,447 $22,000 $3,179 $18,821
2022 $4,447 $17,851 $2,750 $15,101
2021 $4,543 $17,850 $2,749 $15,101
2020 $4,486 $17,850 $2,749 $15,101
2019 $3,445 $14,057 $2,491 $11,566
2018 $3,960 $15,694 $2,491 $13,203
2017 $3,889 $15,694 $2,491 $13,203
2016 $2,786 $11,189 $2,234 $8,955
2015 $2,703 $11,189 $2,234 $8,955
2014 $2,635 $11,189 $2,234 $8,955
2013 $2,785 $12,553 $2,234 $10,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08805532

Midwest Real Estate Data (MRED)

APN: 15-03-122-086-0000