NOT LISTED FOR SALE

5824 N Melvina Ave Chicago, IL 60646

Norwood Park Neighborhood

Estimated Value: $395,000 - $586,000

3 Beds
1 Bath
1,946 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 5824 N Melvina Ave, Chicago, IL 60646 and is currently estimated at $511,477, approximately $262 per square foot. 5824 N Melvina Ave is a home located in Cook County with nearby schools including Hitch Elementary School, William Howard Taft High School, and St. Constance School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Berkey Scot A
Bought by
Berkey Scot A and Chandler Rebecca M
Current Estimated Value
$511,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Outstanding Balance
$270,053
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$241,424

Purchase Details

Closed on
Jun 24, 2017
Sold by
Victor
Bought by
Berkey Scot A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,914
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1995
Sold by
Shaw Victor and Shaw Elinor
Bought by
Shaw Elinor and Shaw Victor
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
Berkey Scot A -- Chicago Title
Berkey Scot A $336,000 None Available
Shaw Elinor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkey Scot A $301,000
Closed Berkey Scot A $329,914
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 $7,591 $41,890 $11,532 $30,358
2023 $7,400 $35,980 $9,300 $26,680
2022 $7,400 $35,980 $9,300 $26,680
2021 $7,235 $35,980 $9,300 $26,680
2020 $6,972 $31,296 $5,952 $25,344
2019 $6,987 $34,774 $5,952 $28,822
2018 $6,869 $34,774 $5,952 $28,822
2017 $6,219 $28,889 $5,208 $23,681
2016 $1,588 $28,889 $5,208 $23,681
2015 $1,526 $30,410 $5,208 $25,202
2014 $4,138 $26,706 $4,464 $22,242
2013 $1,519 $26,706 $4,464 $22,242
Source: Public Records

Map

Illinois Cook County Chicago 60646 Norwood Park

5824 N Melvina Ave, Chicago, IL

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