NOT LISTED FOR SALE

1630 N 16th Ave Melrose Park, IL 60160

Estimated Value: $291,000 - $328,000

2 Beds
2 Baths
792 Sq Ft
$388/Sq Ft Est. Value

About This Home

This home is located at 1630 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $307,580, approximately $388 per square foot. 1630 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
Apr 2, 2019
Sold by
Merlos Jose
Bought by
Merlos Lida
Current Estimated Value
$307,580

Purchase Details

Closed on
Jan 9, 2013
Sold by
Melrose Park Nsp I Llc
Bought by
Merlos Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Outstanding Balance
$74,149
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$233,432

Purchase Details

Closed on
Aug 10, 2010
Sold by
Us Bank National Association
Bought by
Melrose Park Nspi Llc

Purchase Details

Closed on
Apr 14, 2010
Sold by
Bonilla Jose
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 17, 2004
Sold by
Ortega Rigoberto and Rodriguez Sandra
Bought by
Bonilla Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,320
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2001
Sold by
Tomich Dorothy E and Tomich Timothy J
Bought by
Ortega Rigoberto and Rodriguez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,223
Interest Rate
6.92%
Mortgage Type
FHA
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
Merlos Lida -- Attorney
Merlos Jose $150,000 None Available
Melrose Park Nspi Llc $80,000 None Available
Us Bank National Association -- None Available
Bonilla Jose $238,000 Git
Ortega Rigoberto $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merlos Jose $106,000
Previous Owner Bonilla Jose $190,320
Previous Owner Ortega Rigoberto $113,223
Closed Bonilla Jose $47,580
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 $4,595 $21,000 $4,209 $16,791
2023 $3,681 $21,000 $4,209 $16,791
2022 $3,681 $15,365 $3,640 $11,725
2021 $3,765 $15,365 $3,640 $11,725
2020 $3,730 $15,365 $3,640 $11,725
2019 $3,165 $13,194 $3,298 $9,896
2018 $3,152 $13,194 $3,298 $9,896
2017 $3,100 $13,194 $3,298 $9,896
2016 $3,628 $13,816 $2,957 $10,859
2015 $3,532 $13,816 $2,957 $10,859
2014 $3,439 $13,816 $2,957 $10,859
2013 $2,400 $11,178 $2,957 $8,221
Source: Public Records

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