1638 N 16th Ave Melrose Park, IL 60160
Estimated Value: $263,000 - $366,000
3
Beds
1
Bath
1,284
Sq Ft
$253/Sq Ft
Est. Value
About This Home
This home is located at 1638 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $324,964, approximately $253 per square foot. 1638 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
Jul 31, 2017
Sold by
Gamboa Emigdio H and Gutierrez Leticia
Bought by
Alberttis Estefania
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
$196,377
Outstanding Balance
$165,768
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$159,196
Purchase Details
Closed on
Mar 2, 2017
Sold by
The Estate Of Geri A Lipke
Bought by
Gutierrez Leticia and Gamboa Emidio H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
4.87%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alberttis Estefania | $200,000 | Greater Illinois Title | |
| Gutierrez Leticia | $110,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alberttis Estefania | $196,377 | |
| Previous Owner | Gutierrez Leticia | $93,500 |
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 | $6,756 | $26,000 | $4,209 | $21,791 |
| 2023 | $5,744 | $26,000 | $4,209 | $21,791 |
| 2022 | $5,744 | $18,640 | $3,640 | $15,000 |
| 2021 | $5,832 | $18,639 | $3,640 | $14,999 |
| 2020 | $5,669 | $18,639 | $3,640 | $14,999 |
| 2019 | $5,350 | $16,502 | $3,298 | $13,204 |
| 2018 | $5,330 | $16,502 | $3,298 | $13,204 |
| 2017 | $4,145 | $16,502 | $3,298 | $13,204 |
| 2016 | $4,092 | $15,265 | $2,957 | $12,308 |
| 2015 | $3,989 | $15,265 | $2,957 | $12,308 |
| 2014 | $3,882 | $15,265 | $2,957 | $12,308 |
| 2013 | $3,554 | $15,290 | $2,957 | $12,333 |
Source: Public Records
Map
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