NOT LISTED FOR SALE

1621 N 31st Ave Melrose Park, IL 60160

Estimated Value: $492,917

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

About This Home

This home is located at 1621 N 31st Ave, Melrose Park, IL 60160 and is currently estimated at $492,917. 1621 N 31st Ave is a home located in Cook County with nearby schools including Grant Elementary School, Grant Primary, and Roosevelt Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2013
Sold by
Eagle Commercial Properties
Bought by
Lucas Llc
Current Estimated Value
$492,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1999
Sold by
Austin Bank Of Chicago
Bought by
Eagle Commercial Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8%
Mortgage Type
Commercial
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
Lucas Llc $265,000 Attorneys Title Guaranty Fun
Eagle Commercial Properties $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lucas Llc $230,000
Previous Owner Eagle Commercial Properties $75,000
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 $20,810 $65,000 $17,424 $47,576
2023 $23,126 $65,000 $17,424 $47,576
2022 $23,126 $62,500 $11,979 $50,521
2021 $23,040 $62,500 $11,979 $50,521
2020 $22,250 $62,500 $11,979 $50,521
2019 $24,094 $63,750 $9,801 $53,949
2018 $23,738 $63,750 $9,801 $53,949
2017 $22,818 $63,750 $9,801 $53,949
2016 $22,573 $62,500 $8,712 $53,788
2015 $21,858 $62,500 $8,712 $53,788
2014 $22,749 $66,250 $8,712 $57,538
2013 $21,411 $68,258 $8,712 $59,546
Source: Public Records

Map

Illinois Cook County Melrose Park 60160

1621 N 31st Ave, Melrose Park, IL

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