NOT LISTED FOR SALE

1621 N 16th Ave Melrose Park, IL 60160

Estimated Value: $227,000 - $293,731

3 Beds
1 Bath
796 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $106,680 $134 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,873/month

107 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 2-minute walk to Bulger Park Veterans Park District
  • Bungalow

About This Home

As of August 2014

Solid brick bungalow in the cutest part of town. Minor repairs would make this an easy flip. Don't miss out on this one. Auction starts 7/12 ends 7/15. Please see additional info for village inspection.

Last Agent to Sell the Property

Bobby Roberts

L.W. Reedy Real Estate License #475134218 Listed on: 03/08/2014

L.W. Reedy Real Estate

Last Buyer's Agent

Janet Navarro

Realty of America License #475149897

Realty of America

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,582

Year Built

  • 1923

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,582

Year Built

1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1923
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1923

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X12, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X12, On Level: Main Level
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level
  • Estimated Sq Ft: 796

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1011

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 209
  • Junior High Dist: 89

Lot Info

  • Lot Dimensions: 4402
  • Parcel Identification Number: 15032060140000

Tax Info

  • Taxes: 2729.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2014
Closed on
Aug 5, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Gonzalez Miguel and Gonzalez Rosa
Seller's Agent
Bobby Roberts
L.W. Reedy Real Estate
Buyer's Agent
Janet Navarro
Realty of America
List Price
$72,000
Sold Price
$106,680
Premium/Discount to List
$34,680
48.17%
Current Estimated Value
$268,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,753
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Dec 9, 2013
Sold by
Keene Brenda
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 27, 1997
Sold by
Modjeski Lawrence J and Modjeski Cynthia
Bought by
Keene Truman and Keene Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Miguel $107,000 Multiple
Nationstar Mortgage Llc -- None Available
Keene Truman $126,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keene Truman $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $106,680 +64.1% $134 / Sq Ft
07/23/2014 07/23/14 Price Changed $65,000 -39.1% $82 / Sq Ft
07/08/2014 07/08/14 Off Market $106,680 -- --
07/08/2014 07/08/14 Price Changed $72,000 0.0% $90 / Sq Ft
07/08/2014 07/08/14 For Sale $72,000 -32.5% $90 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
04/25/2014 04/25/14 Pending -- -- --
03/08/2014 03/08/14 Off Market $106,680 -- --
03/08/2014 03/08/14 For Sale $72,000 -- $90 / 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 $5,582 $21,482 $4,072 $17,410
2023 $4,805 $21,482 $4,072 $17,410
2022 $4,805 $15,595 $3,522 $12,073
2021 $4,879 $15,594 $3,521 $12,073
2020 $4,743 $15,594 $3,521 $12,073
2019 $4,150 $12,803 $3,191 $9,612
2018 $4,135 $12,803 $3,191 $9,612
2017 $4,206 $13,320 $3,191 $10,129
2016 $3,420 $10,669 $2,861 $7,808
2015 $3,367 $10,669 $2,861 $7,808
2014 $2,476 $10,669 $2,861 $7,808
2013 $2,787 $12,559 $2,861 $9,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08553326

Midwest Real Estate Data (MRED)

APN: 15-03-206-014-0000