NOT LISTED FOR SALE

16812 Richards Dr Tinley Park, IL 60477

East Fernway Park Neighborhood

Estimated Value: $441,000 - $527,000

4 Beds
3 Baths
2,893 Sq Ft
$168/Sq Ft Est. Value

About This Home

This home is located at 16812 Richards Dr, Tinley Park, IL 60477 and is currently estimated at $485,075, approximately $167 per square foot. 16812 Richards Dr is a home located in Cook County with nearby schools including John A Bannes Elementary School, Virgil I Grissom Middle School, and Victor J Andrew High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Melgar-Kelly Amanda and Melgar Maria Theresita
Bought by
Melgar Maria Theresita and Melgar Amanda
Current Estimated Value
$480,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,355
Outstanding Balance
$310,868
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$161,658

Purchase Details

Closed on
Sep 15, 2021
Sold by
Melgar Maria Theresita and Kelly Amanda Melgar
Bought by
Melgar Maria Theresita and Melgar Kelly Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Melgar Amanda
Bought by
Melgar Amando D and Melgar Maria Theresita V

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
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2004
Sold by
Melgar Amando D and Melgar Maria Theresita
Bought by
Melgar Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 1998
Sold by
Palos Bank & Trust Company
Bought by
Melgar Amando D and Melgar Maria Theresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
9.55%

Purchase Details

Closed on
Jul 29, 1997
Sold by
Melgar Amando D and Melgar Maria T
Bought by
Palos Bank & Trust Company and Trust #1-2711

Purchase Details

Closed on
Nov 21, 1994
Sold by
Palos Bank & Trust Company
Bought by
Melgar Amando D and Melgar Maria Theresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,600
Interest Rate
9%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Melgar Maria Theresita -- None Listed On Document
Melgar Maria Theresita -- Old Republic Title
Melgar Amando D $380,000 Chicago Title Insurance Co
Melgar Amanda $340,000 Chicago Title Insurance Comp
Melgar Amando D -- --
Palos Bank & Trust Company -- Lawyers Title Insurance Corp
Melgar Amando D -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgar Maria Theresita $311,355
Previous Owner Melgar Maria $83,913
Previous Owner Melgar Maria Theresita $188,800
Previous Owner Melgar Maria Theresita V $23,430
Previous Owner Melgar Amando D $216,500
Previous Owner Melgar Amando D $304,000
Previous Owner Melgar Amanda $272,000
Previous Owner Melgar Armando D $205,625
Previous Owner Melgar Amando D $35,000
Previous Owner Melgar Amando D $220,500
Previous Owner Melgar Amando D $72,600
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 $9,449 $40,000 $6,460 $33,540
2023 $7,935 $40,000 $6,460 $33,540
2022 $7,935 $28,413 $4,969 $23,444
2021 $7,735 $28,413 $4,969 $23,444
2020 $7,672 $28,413 $4,969 $23,444
2019 $7,824 $30,297 $4,472 $25,825
2018 $7,653 $30,297 $4,472 $25,825
2017 $8,317 $30,297 $4,472 $25,825
2016 $8,468 $27,994 $3,975 $24,019
2015 $8,336 $27,994 $3,975 $24,019
2014 $8,282 $27,994 $3,975 $24,019
2013 $8,929 $32,195 $3,975 $28,220
Source: Public Records

Map

Illinois Cook County Tinley Park 60477 East Fernway Park

16812 Richards Dr, Tinley Park, IL

This home is located at 16812 Richards Dr, Tinley Park, IL 60477 and is currently estimated at $485,075, approximately $167 per square foot. 16812 Richards Dr is a home located in Cook County with nearby schools including John A Bannes Elementary School, Virgil I Grissom Middle School, and Victor J Andrew High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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