NOT LISTED FOR SALE

Estimated Value: $1,847,539 - $2,029,000

5 Beds
5 Baths
2,708 Sq Ft
$713/Sq Ft Est. Value

About This Home

This home is located at 1840 W Melrose St, Chicago, IL 60657 and is currently estimated at $1,931,135, approximately $713 per square foot. 1840 W Melrose St is a home located in Cook County with nearby schools including Jahn School of Fine Arts, Lake View High School, and Saint Luke Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Scriven Andrew J and Mangieri Grace E
Bought by
Deleon Luis Guillermo Dax Ponce and Saavedra Melissa A
Current Estimated Value
$1,931,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,172,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2017
Sold by
1840 W Melrose Llc
Bought by
Seriven Andrew J and Mangieri Grace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,135,200
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2015
Sold by
Prine Prince Gary L
Bought by
1840 W Melrose Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$932,700
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 2014
Sold by
Prince Gary L
Bought by
Prince Prince Gary L Gary L and Thomas L Prince & Doris J Prince Trust

Purchase Details

Closed on
Dec 23, 1996
Sold by
Prince Doris J and Prince Thomas L
Bought by
Prince Doris J and Doris J Prince Melrose Trust
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
Deleon Luis Guillermo Dax Ponce $1,465,000 First American Title
Seriven Andrew J $1,419,000 Attorney
1840 W Melrose Llc $578,000 Cti
Prince Prince Gary L Gary L -- None Available
Prince Doris J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Luis Guillermo Dax Ponce $178,000
Open Deleon Luis Guillermo Dax Ponce $1,170,000
Previous Owner Deleon Luis Guillermo Dax Ponce $1,172,000
Previous Owner Scriven Andrew J $1,093,300
Previous Owner Scriven Andrew J $1,105,682
Previous Owner Seriven Andrew J $1,135,200
Previous Owner 1840 W Melrose Llc $932,700
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 $26,942 $165,354 $46,500 $118,854
2023 $29,738 $131,007 $37,500 $93,507
2022 $29,738 $148,000 $37,500 $110,500
2021 $29,761 $148,000 $37,500 $110,500
2020 $25,830 $119,050 $15,600 $103,450
2019 $25,595 $130,825 $15,600 $115,225
2018 $25,164 $130,825 $15,600 $115,225
2017 $33,170 $154,087 $13,800 $140,287
2016 $2,764 $13,800 $13,800 $0
2015 $9,147 $49,916 $13,800 $36,116
2014 $7,993 $43,078 $10,800 $32,278
2013 -- $43,078 $10,800 $32,278
Source: Public Records

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