Seller's Agent in 2022
Donna Serpico
Berkshire Hathaway HomeServices Chicago
(708) 565-5262
22 in this area
59 Total Sales
802 N 12th Ave Melrose Park, IL 60160
Estimated Value: $323,000 - $346,000
2
Beds
3
Baths
792
Sq Ft
$429/Sq Ft
Est. Value
About This Home
As of April 2022How do you market potential? The owner purchased this huge corner property and planned to build three bedrooms and two baths on a 2nd floor. Over the years the property was upgraded to prepare for the bedrooms and bathrooms that were planned. As it is now; there are 2 bedrooms, one in each unit, 2.1 baths, two living rooms, two kitchens, two laundry rooms. New furnaces and A/C in each unit. New electric and plumbing. New windows and doors, vinyl siding and more. New concrete driveway, apron and patio. This list is endless and can be found in the addition info drop down. There is a two-car garage and an extra parking spot on the north side of the property. If you have the ability to finish the 2nd floor, this property is for you.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago Listed on: 03/21/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,288
Year Built
- Built in 1928
Lot Details
- 5,706
Parking
- 2 Car Detached Garage
- Garage ceiling height seven feet or more
- Off-Street Parking
- Parking Space is Owned
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 3 Bathrooms
Schools
- Jane Addams Elementary School
- Stevenson Elementary Middle School
- Proviso East High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 57 x 100
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2022
Closed on
Apr 21, 2022
Sold by
Palasz Ronald J
Bought by
Mendoza Bilma and Sanchez Jose F
Seller's Agent
Donna Serpico
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Rene Aguirre
Northlake Realtors
List Price
$280,000
Sold Price
$290,000
Premium/Discount to List
$10,000
3.57%
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
$43,707
Avg. Annual Appreciation
4.59%
Original Mortgage
$246,500
Outstanding Balance
$235,346
Interest Rate
4.99%
Estimated Equity
$100,777
Purchase Details
Closed on
Jun 30, 2006
Sold by
North Star Trust Co
Bought by
Palasz Ronald J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
6.73%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendoza Bilma | $290,000 | -- | |
| Palasz Ronald J | $212,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendoza Bilma | $246,500 | |
| Previous Owner | Palasz Ronald J | $42,400 | |
| Previous Owner | Palasz Ronald J | $169,600 | |
| Previous Owner | North Star Trust Co | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2022 04/28/22 | Sold | $290,000 | +3.6% | $366 / Sq Ft |
| 03/23/2022 03/23/22 | Pending | -- | -- | -- |
| 03/21/2022 03/21/22 | For Sale | $280,000 | -- | $354 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,496 | $25,000 | $5,130 | $19,870 |
| 2023 | $4,344 | $25,000 | $5,130 | $19,870 |
| 2022 | $4,344 | $14,099 | $4,418 | $9,681 |
| 2021 | $4,411 | $14,098 | $4,417 | $9,681 |
| 2020 | $4,288 | $14,098 | $4,417 | $9,681 |
| 2019 | $4,718 | $14,554 | $3,990 | $10,564 |
| 2018 | $4,701 | $14,554 | $3,990 | $10,564 |
| 2017 | $4,595 | $14,554 | $3,990 | $10,564 |
| 2016 | $4,348 | $13,567 | $3,562 | $10,005 |
| 2015 | $4,281 | $13,567 | $3,562 | $10,005 |
| 2014 | $4,148 | $13,567 | $3,562 | $10,005 |
| 2013 | $3,957 | $14,099 | $3,562 | $10,537 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Rene Aguirre
Northlake Realtors
(708) 351-3144
17 in this area
163 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11352820
APN: 15-03-451-031-0000
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