NOT LISTED FOR SALE

1618 N 15th Ave Melrose Park, IL 60160

Estimated Value: $240,000 - $302,685

2 Beds
2 Baths
801 Sq Ft
$346/Sq Ft Est. Value

Last Sold October 22, 2013

Last sale price $88,000 $110 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $1,924/month

116 Days on Market

Highlights

  • Formal Dining Room
  • Central Air
  • 3-minute walk to Bulger Park Veterans Park District

About This Home

As of October 2013

Move in ready- could you some 'freshening up'! Huge WIC currently being used as additional bedroom. Finished basement with additional rooms, eating area and bathroom - seller/LAG make no representations as to its legality. Convenient to shopping! Buyer responsible for Melrose Park requirements/repairs (see additional info). Bank owned- sold AS IS

Last Agent to Sell the Property

Melissa Somone Graham

RE/MAX Suburban License #471004651 Listed on: 04/25/2013

RE/MAX Suburban

Last Buyer's Agent

Hernan Rivera

REDCO, Inc.

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,635

Year Built

  • 1929

Lot Details

  • 4,356

Parking

  • 2

Home Design

  • Brick Exterior Construction

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Additional Features

  • Formal Dining Room
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$5,635

Year Built

1929

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 8
  • Basement: Full, Walkout
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X13
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Basement
  • Third Bedroom Size: 11X14
  • Fourth Bedroom Level: Basement
  • Fourth Bedroom Size: 11X14
  • Living Room Level: Main Level
  • Living Room Size: 12X14
  • Living Room Flooring: Ceramic Tile
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 11X13
  • Dining Room Flooring: Ceramic Tile
  • Family Room Level: Basement
  • Family Room Size: 12X16
  • Family Room Flooring: Ceramic Tile
  • Kitchen Level: Main Level
  • Kitchen Size: 10X13
  • Kitchen Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 89

Lot Info

  • Lot Dimensions: 35X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Oct 1, 2013
Sold by
U S Bank Na
Bought by
Monarrez Raul
Seller's Agent
Melissa Somone Graham
RE/MAX Suburban
Buyer's Agent
Hernan Rivera
REDCO, Inc.
List Price
$103,000
Sold Price
$88,000
Premium/Discount to List
-$15,000
-14.56%
Current Estimated Value
$277,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,171
Avg. Annual Appreciation
10.02%
Original Mortgage
$86,406
Outstanding Balance
$65,229
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$211,942

Purchase Details

Closed on
Jun 21, 2013
Sold by
Aguirre Jose A and Aguirre Jose
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 18, 2008
Sold by
Morales Jose
Bought by
Dlj Mortgage Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2008
Sold by
Morales Jose
Bought by
Aguirre Jose A and Terrones Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2005
Sold by
Celis David and Celis Esidora
Bought by
Morales Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 1998
Sold by
Priscitelli Vincent
Bought by
Celis David and Celis Esidora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,640
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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
Monarrez Raul $88,000 Ct
Us Bank Na -- None Available
Dlj Mortgage Capital Inc -- None Available
Aguirre Jose A $223,000 Chicago Title Insurance Co
Morales Jose $254,000 Multiple
Celis David $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monarrez Raul $86,406
Previous Owner Aguirre Jose A $218,500
Previous Owner Morales Jose $203,200
Previous Owner Celis David $108,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2013 10/22/13 Sold $88,000 0.0% $110 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
07/23/2013 07/23/13 Price Changed $88,000 -8.3% $110 / Sq Ft
05/31/2013 05/31/13 Price Changed $96,000 -6.8% $120 / Sq Ft
04/25/2013 04/25/13 For Sale $103,000 -- $129 / 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 $5,635 $25,001 $4,015 $20,986
2023 $3,924 $25,001 $4,015 $20,986
2022 $3,924 $16,153 $3,472 $12,681
2021 $4,012 $16,153 $3,472 $12,681
2020 $3,970 $16,153 $3,472 $12,681
2019 $3,503 $14,234 $3,146 $11,088
2018 $4,598 $14,234 $3,146 $11,088
2017 $4,494 $14,234 $3,146 $11,088
2016 $3,768 $11,755 $2,821 $8,934
2015 $3,709 $11,755 $2,821 $8,934
2014 $3,594 $11,755 $2,821 $8,934
2013 $4,607 $16,412 $2,821 $13,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08326172

Midwest Real Estate Data (MRED)

APN: 15-03-206-031-0000