NOT LISTED FOR SALE

914 N 16th Ave Melrose Park, IL 60160

Estimated Value: $306,000 - $337,000

3 Beds
2 Baths
1,100 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $85,000 $77 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $2,183/month

20 Days on Market

About This Home

As of August 2013

COZY THREE BEDROOM HOME. SPACIOUS KITCHEN. FULL BASEMENT! DETACHED TWO CAR GARAGE. WALKING DISTANCE TO TRAIN. MINUTES FROM EXPRESSWAY. CLOSE TO EVERYTHING YOU NEED. SOLD AS IS

Last Agent to Sell the Property

Frank DeNovi

Compass License #471009494 Listed on: 06/19/2013

Compass

Last Buyer's Agent

Jorge Vigil

HomeSmart Realty Group License #475145413

HomeSmart Realty Group

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,375

Year Built

  • 1922

Lot Details

  • 6,534

Parking

  • 2

Home Design

  • Stucco Exterior

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,375

Year Built

1922

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 7
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 10X10
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X10
  • Living Room Level: Main Level
  • Living Room Size: 13X20
  • Dining Room Level: Main Level
  • Dining Room Size: 12X13
  • Family Room Level: Main Level
  • Family Room Size: 9X15
  • Kitchen Level: Main Level
  • Kitchen Size: 10X13

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stucco

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 89

Lot Info

  • Lot Dimensions: 6600 SQ FT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jul 23, 2013
Sold by
Federal National Mortgage Association
Bought by
Avila Samuel Barajas
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Jorge Vigil
HomeSmart Realty Group
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$319,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,074
Avg. Annual Appreciation
11.57%

Purchase Details

Closed on
Dec 19, 2012
Sold by
Rinchiuso
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 23, 2008
Sold by
Rinchiuso Joseph and Rinchiuso Josephine
Bought by
Parkway Bank & Trust Company and Trust #14077

Purchase Details

Closed on
Jun 10, 2008
Sold by
Parkway Bank & Trust Co
Bought by
Rinchiuso Joseph and Rinchiuso Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
3.71%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 6, 2005
Sold by
Rinchiuso Guiseppina and Rinchiuso Josephine
Bought by
Parkway Bank & Trust Co and Trust #14077
Source: Public Records

Range of Values:

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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
Avila Samuel Barajas $85,000 None Available
Federal National Mortgage Association -- None Available
Parkway Bank & Trust Company -- None Available
Rinchiuso Joseph -- None Available
Parkway Bank & Trust Co -- --
Rinchiuso Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rinchiuso Joseph $391,500
Previous Owner Parkway Bank & Trust Co $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2013 08/08/13 Sold $85,000 0.0% $77 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $85,000 -- $77 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,375 $24,000 $5,940 $18,060
2023 $4,219 $24,000 $5,940 $18,060
2022 $4,219 $17,112 $5,115 $11,997
2021 $4,312 $17,112 $5,115 $11,997
2020 $4,261 $17,112 $5,115 $11,997
2019 $3,973 $15,684 $4,620 $11,064
2018 $3,956 $15,684 $4,620 $11,064
2017 $3,886 $15,684 $4,620 $11,064
2016 $2,908 $11,570 $4,125 $7,445
2015 $2,823 $11,570 $4,125 $7,445
2014 $2,752 $11,570 $4,125 $7,445
2013 $4,217 $15,022 $4,125 $10,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08373868

Midwest Real Estate Data (MRED)

APN: 15-03-438-022-0000