Seller's Agent in 2016
Jose Herrera
Northlake Realtors
(708) 562-5689
6 in this area
144 Total Sales
1618 N 16th Ave Melrose Park, IL 60160
Estimated Value: $278,000 - $340,000
3
Beds
1
Bath
856
Sq Ft
$355/Sq Ft
Est. Value
Highlights
- Deck
- Fenced Yard
- Bungalow
- Wood Flooring
- Detached Garage
- 3-minute walk to Bulger Park Veterans Park District
About This Home
As of November 2016SINGLE FAMILY STARTER W/ 2 BEDROOMS PLUS 1 ROOM IN FIRST FLR FAMILY ROOM. PROPERTY IN MOVE IN CONDITION! ALL BRICK. BASEMENT UNFINISHED BUT READY TO BE FINISHED YOUR WAY. FRESHLY PAINTED THOUGH. NOTHING TO DO BUT MOVE IN. SELLER HAS PREPPED THIS HOUSE TO SELL. DO NOT MISS THIS OPPORTUNITY. SELLER WILL HELP WITH CLOSING COSTS IF THE PRICE IS RIGHT. IT WILL PASS FHA IN ITS PRESENT CONDITION. BIG FAMILY PARK 1/2 BLOCK TO THE NORTH.
Last Agent to Sell the Property
Northlake Realtors License #475102635 Listed on: 07/20/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,855
Year Built
- 1926
Lot Details
- East or West Exposure
- Fenced Yard
Parking
- Detached Garage
- Carport
- Garage Door Opener
- Garage Is Owned
Home Design
- Bungalow
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Wood Flooring
- Basement Fills Entire Space Under The House
- Deck
- Property is near a bus stop
Listing and Financial Details
- $5,370 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2016
Closed on
Oct 13, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Herreros Fernando M and Flores Maria
Seller's Agent
Jose Herrera
Northlake Realtors
Buyer's Agent
The Galarza Team
Century 21 New Beginnings
List Price
$175,900
Sold Price
$179,000
Premium/Discount to List
$3,100
1.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,522
Avg. Annual Appreciation
6.05%
Original Mortgage
$170,050
Outstanding Balance
$137,566
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$165,956
Purchase Details
Closed on
Mar 23, 2015
Sold by
Macias Hector Z
Bought by
Chicago Title Land Trust Company and Trust #6701
Purchase Details
Closed on
Sep 12, 2013
Sold by
Firstmerit Bank Na
Bought by
Macias Hector Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.5%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Herreros Fernando M | $179,000 | Chicago Title Land Trust Com | |
| Chicago Title Land Trust Company | -- | Chicago Title Land Trust Co | |
| Macias Hector Z | $70,000 | Prairie Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Herreros Fernando M | $170,050 | |
| Previous Owner | Macias Hector Z | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2016 11/03/16 | Sold | $179,000 | +1.8% | $209 / Sq Ft |
| 08/30/2016 08/30/16 | Pending | -- | -- | -- |
| 07/20/2016 07/20/16 | For Sale | $175,900 | -- | $205 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $4,855 | $22,000 | $4,072 | $17,928 |
| 2023 | $3,782 | $22,000 | $4,072 | $17,928 |
| 2022 | $3,782 | $15,693 | $3,522 | $12,171 |
| 2021 | $3,868 | $15,692 | $3,521 | $12,171 |
| 2020 | $3,829 | $15,692 | $3,521 | $12,171 |
| 2019 | $4,702 | $17,934 | $3,191 | $14,743 |
| 2018 | $5,793 | $17,934 | $3,191 | $14,743 |
| 2017 | $5,662 | $17,934 | $3,191 | $14,743 |
| 2016 | $3,552 | $11,081 | $2,861 | $8,220 |
| 2015 | $3,497 | $11,081 | $2,861 | $8,220 |
| 2014 | $3,388 | $11,081 | $2,861 | $8,220 |
| 2013 | $2,837 | $12,736 | $2,861 | $9,875 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Herrera
-
The Galarza Team
Buyer's Agent in 2016
The Galarza Team
Century 21 New Beginnings
(773) 245-3445
1 in this area
532 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09293436
APN: 15-03-205-030-0000
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