Monica Vargas
GREAT HOMES REAL ESTATE, INC.
(224) 246-8148
179 Total Sales
3 in Grant Park
$165K - $324K Price Range
525 N Melrose Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $364,000 - $376,896
3
Beds
2
Baths
1,500
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Recreation Room
- Fenced Yard
- Breakfast Bar
- Ranch Style House
- 2 Car Attached Garage
- Laundry Room
About This Home
As of May 2023Spacious brick ranch home nicely located in Wing Park. Home offers 3 bedrooms, 2 bath, finished basement and a 2-car garage on a nice-sized lot. Private kitchen with eating area has lots of windows a brick wall, and a pocket door to dining area. Living room and dining room are adjoined by a beautiful 2-way stone fireplace. Dining room has lots of light with double door entrance to patio. Good sized bedrooms and a large main level bath. Basement has family room, pool table area, full bath & plenty of storage. Pool table stays! Owner thinks wood floors are in 2nd & 3rd bedroom under carpet. Property being sold as-is.
Last Agent to Sell the Property
HomeSmart Connect LLC License #475137050 Listed on: 11/22/2022
Last Buyer's Agent
Jose Quiroz
Diamond Homes Realty License #475172627
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,616
Year Built
- Built in 1956
Lot Details
- Lot Dimensions are 124 x 101 x 124 x 101
- Fenced Yard
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,500 Sq Ft Home
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Recreation Room
- Carpet
Kitchen
- Breakfast Bar
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Shed
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2022
Closed on
May 22, 2023
Sold by
Dimitrios Alemis Trust
Bought by
Seller's Agent
Cindy Kostrzeski
HomeSmart Connect LLC
Buyer's Agent
Jose Quiroz
Diamond Homes Realty
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%
Views
224
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,999
Avg. Annual Appreciation
5.54%
Original Mortgage
$232,500
Outstanding Balance
$229,219
Interest Rate
11.5%
Mortgage Type
New Conventional
Estimated Equity
$140,505
Purchase Details
Closed on
Jun 9, 2022
Sold by
Alemis Dimitrios
Bought by
Dimotrios Alemis Trust
Purchase Details
Closed on
Mar 29, 1999
Sold by
Lee Janet
Bought by
Alemis Jim and Alemis Vicky K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.1%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grant Park, IL
-
Monica Vargas
-
Robert Kroll
Robert Kroll
Responds Quickly808 Realty
(815) 860-2793
366 Total Sales
1 in Grant Park
$300,000 Price
-
Juana Fuentes
Juana Fuentes
Exclusive Living, Inc
(224) 255-4532
76 Total Sales
3 in Grant Park
$194K - $285K Price Range
-
Elizabeth Goodchild
Elizabeth Goodchild
Realty of America
(224) 479-1826
474 Total Sales
1 in Grant Park
$202,000 Price
-
Ken Bruderle
Ken Bruderle
Responds QuicklySuperior Homes Realty
(224) 347-7415
55 Total Sales
2 in Grant Park
$225K - $298K Price Range
-
Cindy Schmalz
Cindy Schmalz
@properties Christie's International Real Estate
(224) 970-2975
110 Total Sales
1 in Grant Park
$381,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $310,000 | None Listed On Document | ||
| Dimotrios Alemis Trust | -- | -- | |
| Alemis Jim | $162,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $232,500 | ||
| Previous Owner | Alemis Jim | $142,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $310,000 | -1.3% | $207 / Sq Ft |
| 03/11/2023 03/11/23 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | Price Changed | $314,000 | -1.6% | $209 / Sq Ft |
| 11/22/2022 11/22/22 | For Sale | $319,000 | -- | $213 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,859 | $111,014 | $30,308 | $80,706 |
| 2024 | $7,859 | $102,251 | $27,916 | $74,335 |
| 2023 | $7,193 | $92,376 | $25,220 | $67,156 |
| 2022 | $3,515 | $84,231 | $22,996 | $61,235 |
| 2021 | $3,616 | $78,750 | $21,500 | $57,250 |
| 2020 | $3,697 | $75,179 | $20,525 | $54,654 |
| 2019 | $3,786 | $71,612 | $19,551 | $52,061 |
| 2018 | $5,582 | $67,463 | $18,418 | $49,045 |
| 2017 | $5,428 | $63,777 | $17,412 | $46,365 |
| 2016 | $5,137 | $59,168 | $16,154 | $43,014 |
| 2015 | $4,511 | $54,233 | $14,807 | $39,426 |
| 2014 | $4,511 | $51,532 | $14,624 | $36,908 |
| 2013 | $4,511 | $52,892 | $15,010 | $37,882 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Kostrzeski
Seller's Agent in 2023
Cindy Kostrzeski
HomeSmart Connect LLC
(630) 479-7607
1 in this area
43 Total Sales
-
JQ
Buyer's Agent in 2023
Jose Quiroz
Diamond Homes Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11677432
APN: 06-10-455-008
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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