NOT LISTED FOR SALE

5541 S Melvina Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $320,000 - $368,000

2 Beds
1 Bath
942 Sq Ft
$368/Sq Ft Est. Value

About This Home

This home is located at 5541 S Melvina Ave, Chicago, IL 60638 and is currently estimated at $346,255, approximately $367 per square foot. 5541 S Melvina Ave is a home located in Cook County with nearby schools including Kinzie Elementary School, Kennedy High School, and St Daniel The Prophet School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Cki Walter Palubi and Cki Charlene M
Bought by
Chicago Title Land Trust Company
Current Estimated Value
$346,255

Purchase Details

Closed on
Aug 7, 1997
Sold by
Bolger Roberta and Palubicki Irene
Bought by
Palubicki Walter and Palubicki Charlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.55%
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
Chicago Title Land Trust Company -- Chicago Title
Palubicki Walter $80,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palubicki Walter $85,000
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 $3,825 $26,000 $5,250 $20,750
2023 $3,691 $24,001 $4,688 $19,313
2022 $3,691 $24,001 $4,688 $19,313
2021 $2,083 $23,999 $4,687 $19,312
2020 $2,164 $16,905 $3,750 $13,155
2019 $2,157 $18,784 $3,750 $15,034
2018 $3,406 $20,569 $3,750 $16,819
2017 $2,861 $16,576 $3,375 $13,201
2016 $2,838 $16,576 $3,375 $13,201
2015 $2,575 $16,576 $3,375 $13,201
2014 $2,477 $15,818 $3,187 $12,631
2013 $2,418 $15,818 $3,187 $12,631
Source: Public Records

Map

Illinois Cook County Chicago 60638 Garfield Ridge

5541 S Melvina Ave, Chicago, IL

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