NOT LISTED FOR SALE

1632 N 16th Ave Melrose Park, IL 60160

Estimated Value: $320,000 - $429,000

4 Beds
2 Baths
1,743 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 1632 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $373,712, approximately $214 per square foot. 1632 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
Feb 12, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Avalos Samuel and Zapien Norma
Current Estimated Value
$373,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Outstanding Balance
$71,770
Interest Rate
5.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$301,942

Purchase Details

Closed on
Feb 29, 2008
Sold by
Arellanes Rosalio
Bought by
Deutsche Bank National Trust Co and Securitized Asset Backed Receivables Llc

Purchase Details

Closed on
Jul 11, 2006
Sold by
Arellanes Rosalio and Arellanes Demetria
Bought by
Arellanes Rosalio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 1998
Sold by
Cardenas Alicia and Mendiola Jose M
Bought by
Arellanes Rosalio and Arellanes Demetria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,474
Interest Rate
6.76%
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
Avalos Samuel $85,000 Ticor
Deutsche Bank National Trust Co -- None Available
Arellanes Rosalio -- All American Escrow & Title
Arellanes Rosalio $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Samuel $113,600
Previous Owner Arellanes Rosalio $304,000
Previous Owner Arellanes Rosalio $141,474
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 $6,154 $27,001 $4,089 $22,912
2023 $4,760 $27,001 $4,089 $22,912
2022 $4,760 $18,868 $3,536 $15,332
2021 $4,861 $18,868 $3,536 $15,332
2020 $4,795 $18,868 $3,536 $15,332
2019 $5,365 $19,978 $3,204 $16,774
2018 $5,343 $19,978 $3,204 $16,774
2017 $5,242 $19,978 $3,204 $16,774
2016 $4,956 $17,959 $2,873 $15,086
2015 $4,839 $17,959 $2,873 $15,086
2014 $4,705 $17,959 $2,873 $15,086
2013 $4,726 $19,467 $2,873 $16,594
Source: Public Records

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