NOT LISTED FOR SALE

5711 W Melrose St Chicago, IL 60634

Belmont Central Neighborhood

Estimated Value: $355,000 - $455,000

4 Beds
2 Baths
1,549 Sq Ft
$270/Sq Ft Est. Value

About This Home

This home is located at 5711 W Melrose St, Chicago, IL 60634 and is currently estimated at $418,435, approximately $270 per square foot. 5711 W Melrose St is a home located in Cook County with nearby schools including Camras Elementary School, Schurz High School, and St Ferdinand Parish School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 1996
Sold by
Jeon Chang Sun and Jeon Cho Sook
Bought by
Salgado Joaquin and Salgado Amalia
Current Estimated Value
$418,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,591
Outstanding Balance
$9,161
Interest Rate
8.43%
Mortgage Type
FHA
Estimated Equity
$409,274
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Salgado Joaquin $125,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado Joaquin $124,591
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 $5,285 $32,000 $13,230 $18,770
2023 $5,676 $31,000 $10,584 $20,416
2022 $5,676 $31,000 $10,584 $20,416
2021 $5,567 $31,000 $10,584 $20,416
2020 $4,714 $24,253 $4,725 $19,528
2019 $4,789 $27,251 $4,725 $22,526
2018 $4,707 $27,251 $4,725 $22,526
2017 $4,882 $26,042 $4,158 $21,884
2016 $4,718 $26,042 $4,158 $21,884
2015 $4,294 $26,042 $4,158 $21,884
2014 $4,091 $24,604 $3,780 $20,824
2013 $4,000 $24,604 $3,780 $20,824
Source: Public Records

Map

Illinois Cook County Chicago 60634 Belmont Central

5711 W Melrose St, Chicago, IL

Not Listed for Sale

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