NOT LISTED FOR SALE

2201 Gustave Ave Melrose Park, IL 60164

Estimated Value: $247,000 - $347,000

3 Beds
1 Bath
1,100 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $245,000 $223 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,958/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Central Air
  • Living Room
  • 1-Story Property
  • Dining Room

About This Home

As of March 2022

Comfy, cozy, come get your keys and trophy!!! This beauty is definitely something you don't want to miss! Completely rehabbed home featuring 3 Beds, 1 bath, 2 car garage, on a huge corner lot! It boasts a huge bedroom with sliding doors to your beautiful yard! LOW TAXES, GREAT PRICE, LOCATION, AND NOTHING TO DO BUT MOVE IN! SCHEDULE YOUR SHOWING TODAY!!!

Last Agent to Sell the Property

Jonathan Lopez

Realty of America, LLC License #475185756 Listed on: 02/11/2022

Realty of America, LLC

Last Buyer's Agent

Nicandro Desrosiers

Chicagoland Brokers, Inc. License #475141370

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 1948 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 65x120

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,385

Year Built

Built in 1948 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Primary Bedroom Bath: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 65X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3384.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 15, 2022
Sold by
Guevara Fabiola
Bought by
Calvillo Jose G and Ramirez Norma C
Seller's Agent
Jonathan Lopez
Realty of America, LLC
Buyer's Agent
Nicandro Desrosiers
Chicagoland Brokers, Inc.
List Price
$229,999
Sold Price
$245,000
Premium/Discount to List
$15,001
6.52%
Current Estimated Value
$291,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,088
Avg. Annual Appreciation
4.86%
Original Mortgage
$232,750
Outstanding Balance
$216,098
Interest Rate
3.38%
Estimated Equity
$74,990

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 7, 2022
Sold by
Guevara Fabiola
Bought by
Calvillo Jose G and Ramirez Norma C
Seller's Agent
Jonathan Lopez
Realty of America, LLC
Buyer's Agent
Nicandro Desrosiers
Chicagoland Brokers, Inc.
List Price
$229,999
Sold Price
$245,000
Premium/Discount to List
$15,001
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Outstanding Balance
$216,098
Interest Rate
3.38%
Estimated Equity
$74,990

Purchase Details

Closed on
Feb 22, 2018
Sold by
Guevara Fabiola and Diaz Abbye
Bought by
Guevara Fabiola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2016
Sold by
Deutsche Bank National Trust Co
Bought by
Guevara Fabiola and Diaz Abbye

Purchase Details

Closed on
Sep 3, 2015
Sold by
Saavedra Francisco
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 29, 2005
Sold by
Vidales Maria E and Vidales Juan
Bought by
Saavedra Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2001
Sold by
Castaneda Margarito and Castaneda Candida
Bought by
Vidales Juan and Vidales Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1996
Sold by
Barnes David C and Barnes Denise A
Bought by
Castaneda Margarito and Castaneda Candida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
8.23%
Source: Public Records

Range of Values:

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Average Value
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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
Calvillo Jose G $245,000 --
Calvillo Jose G $245,000 --
Guevara Fabiola -- Lakeshore Title Agency
Guevara Fabiola $74,500 Attorney
Deutsche Bank National Trust Company -- Attorney
Saavedra Francisco $215,000 Law Title
Vidales Juan $135,000 --
Castaneda Margarito $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calvillo Jose G $232,750
Previous Owner Guevara Fabiola $151,200
Previous Owner Saavedra Francisco $172,000
Previous Owner Vidales Juan $132,914
Previous Owner Castaneda Margarito $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $245,000 +6.5% $223 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $229,999 +208.7% $209 / Sq Ft
06/16/2016 06/16/16 Sold $74,494 0.0% $82 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
03/01/2016 03/01/16 Price Changed $74,500 0.0% $82 / Sq Ft
03/01/2016 03/01/16 Off Market $74,494 -- --
01/22/2016 01/22/16 Price Changed $74,500 0.0% $82 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/15/2015 12/15/15 Off Market $74,494 -- --
12/15/2015 12/15/15 For Sale $83,800 -- $92 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,209 $18,001 $4,883 $13,118
2023 $4,370 $18,001 $4,883 $13,118
2022 $4,370 $18,001 $4,883 $13,118
2021 $3,510 $12,787 $3,797 $8,990
2020 $3,385 $12,787 $3,797 $8,990
2019 $3,534 $14,433 $3,797 $10,636
2018 $4,290 $15,069 $3,255 $11,814
2017 $4,242 $15,069 $3,255 $11,814
2016 $4,261 $15,069 $3,255 $11,814
2015 $4,072 $13,955 $2,983 $10,972
2014 $3,994 $13,955 $2,983 $10,972
2013 $3,642 $13,955 $2,983 $10,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11322778

Midwest Real Estate Data (MRED)

APN: 12-33-222-007-0000