1625 N 16th Ave Melrose Park, IL 60160
Estimated Value: $275,000 - $292,499
3
Beds
1
Bath
988
Sq Ft
$289/Sq Ft
Est. Value
About This Home
This home is located at 1625 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $285,500, approximately $288 per square foot. 1625 N 16th Ave is a home located in Cook County with nearby schools including Jane Addams Elementary School, Stevenson Middle School, and Proviso East High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2001
Sold by
Urvieta Maria Salud
Bought by
Arredondo Juan Jose and Arredondo Araceli
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Outstanding Balance
$50,808
Interest Rate
7.23%
Estimated Equity
$234,692
Purchase Details
Closed on
May 5, 2000
Sold by
Cao Nghi and Cao Nghi Tai
Bought by
Arredondo Juan Jose and Arredondo Araceli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,600
Interest Rate
8.55%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 28, 1997
Sold by
Tinoco Jose and Tinoco Maria D
Bought by
Cao Nghi
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arredondo Juan Jose | -- | Stewart Title | |
| Arredondo Juan Jose | $129,500 | Professional National Title | |
| Cao Nghi | $66,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arredondo Juan Jose | $129,500 | |
| Previous Owner | Arredondo Juan Jose | $128,600 |
Source: Public Records
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 | $4,607 | $21,044 | $4,089 | $16,955 |
| 2023 | $3,722 | $21,044 | $4,089 | $16,955 |
| 2022 | $3,722 | $15,501 | $3,536 | $11,965 |
| 2021 | $3,808 | $15,500 | $3,536 | $11,964 |
| 2020 | $3,771 | $15,500 | $3,536 | $11,964 |
| 2019 | $2,870 | $12,284 | $3,204 | $9,080 |
| 2018 | $2,858 | $12,284 | $3,204 | $9,080 |
| 2017 | $3,185 | $13,462 | $3,204 | $10,258 |
| 2016 | $2,750 | $11,077 | $2,873 | $8,204 |
| 2015 | $2,668 | $11,077 | $2,873 | $8,204 |
| 2014 | $2,601 | $11,077 | $2,873 | $8,204 |
| 2013 | $2,518 | $11,601 | $2,873 | $8,728 |
Source: Public Records
Map
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