NOT LISTED FOR SALE

1640 N 16th Ave Melrose Park, IL 60160

Estimated Value: $277,000 - $299,000

2 Beds
2 Baths
580 Sq Ft
$499/Sq Ft Est. Value

About This Home

This home is located at 1640 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $289,379, approximately $498 per square foot. 1640 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
May 7, 2003
Sold by
Silva Miguel and Silva Juana
Bought by
Perez Jose L and Perez Sylvia
Current Estimated Value
$289,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Outstanding Balance
$69,769
Interest Rate
5.87%
Mortgage Type
Unknown
Estimated Equity
$219,610

Purchase Details

Closed on
Nov 7, 1994
Sold by
Muffoletto Giacomo and Muffoletto Anna
Bought by
Silva Miguel and Silva Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,002
Interest Rate
8.91%
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

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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
Perez Jose L $168,000 First American Title
Perez Jose L $168,000 First American Title
Silva Miguel $99,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jose L $159,600
Closed Perez Jose L $159,600
Previous Owner Silva Miguel $91,002
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 $5,457 $21,001 $4,089 $16,912
2023 $4,792 $21,001 $4,089 $16,912
2022 $4,792 $15,551 $3,536 $12,015
2021 $4,866 $15,551 $3,536 $12,015
2020 $4,730 $15,551 $3,536 $12,015
2019 $3,328 $10,266 $3,204 $7,062
2018 $3,316 $10,266 $3,204 $7,062
2017 $3,241 $10,266 $3,204 $7,062
2016 $2,922 $9,116 $2,873 $6,243
2015 $2,877 $9,116 $2,873 $6,243
2014 $2,787 $9,116 $2,873 $6,243
2013 $2,751 $9,800 $2,873 $6,927
Source: Public Records

Map

Illinois Cook County Melrose Park 60160

1640 N 16th Ave, Melrose Park, IL

This home is located at 1640 N 16th Ave, Melrose Park, IL 60160 and is currently estimated at $289,379, approximately $498 per square foot. 1640 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.

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