NOT LISTED FOR SALE

Estimated 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
$394,621

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
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
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

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 $5,264 $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

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