4927 W Melrose St Chicago, IL 60641
Cragin NeighborhoodEstimated Value: $370,000 - $433,000
3
Beds
3
Baths
1,498
Sq Ft
$263/Sq Ft
Est. Value
About This Home
This home is located at 4927 W Melrose St, Chicago, IL 60641 and is currently estimated at $394,621, approximately $263 per square foot. 4927 W Melrose St is a home located in Cook County with nearby schools including Falconer Elementary School, Foreman College and Career Academy, and Kelvyn Park High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 4, 2006
Sold by
Patino Reyes and Patino Ray
Bought by
Patino Ray
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
$270,400
Outstanding Balance
$164,567
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$230,054
Purchase Details
Closed on
Oct 5, 2004
Sold by
Patino Reyes and Pena Leonel
Bought by
Patino Reyes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2001
Sold by
Zieba Antoni and Zieba Alicja
Bought by
Patino Reyes and Pena Leonel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,250
Interest Rate
7%
Mortgage Type
FHA
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 |
---|---|---|---|
Patino Ray | -- | Chicago Title Insurance Co | |
Patino Reyes | -- | Counselors Title Co Llc | |
Patino Reyes | $239,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Patino Ray | $270,400 | |
Closed | Patino Reyes | $241,000 | |
Previous Owner | Patino Reyes | $235,250 |
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 | $5,264 | $32,000 | $10,850 | $21,150 |
2023 | $5,264 | $29,000 | $8,750 | $20,250 |
2022 | $5,264 | $29,000 | $8,750 | $20,250 |
2021 | $5,165 | $29,000 | $8,750 | $20,250 |
2020 | $4,933 | $25,235 | $5,075 | $20,160 |
2019 | $5,011 | $28,354 | $5,075 | $23,279 |
2018 | $4,925 | $28,354 | $5,075 | $23,279 |
2017 | $4,080 | $22,316 | $4,550 | $17,766 |
2016 | $3,972 | $22,316 | $4,550 | $17,766 |
2015 | $3,611 | $22,316 | $4,550 | $17,766 |
2014 | $3,903 | $23,591 | $4,200 | $19,391 |
2013 | $3,815 | $23,591 | $4,200 | $19,391 |
Source: Public Records
Map
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