NOT LISTED FOR SALE

2200 Gustave Ave Melrose Park, IL 60164

Franklin Park Area

Estimated Value: $250,000 - $293,000

2 Beds
1 Bath
936 Sq Ft
$295/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2021

Last sale price $200,000 $214 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,837 / mo

Highlights

  • Detached Garage
  • 1-Story Property
  • Senior Tax Exemptions

About This Home

As of October 2021

Brick corner ranch with enclosed heated rear porch which could be used as a family room. Large kitchen with separate dining area. Hardwood floors in living room and 2 bedrooms. Full basement with recreation room,plenty of storage, overhead sewers, and outside exit. Large lot is nicely landscaped with a concrete patio, storage sheds, mature pine trees. 2 car garage, electric garage door opener and driveway. The property is not located in a flood zone. Sold before list.

Last Agent to Sell the Property

Lawrence Barrett

Weichert, Realtors - All Pro License #475126615 Listed on: 10/01/2021

Weichert, Realtors - All Pro

Last Buyer's Agent

Lawrence Barrett

Weichert, Realtors - All Pro License #475126615 Listed on: 10/01/2021

Weichert, Realtors - All Pro

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 0.26

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Directions: 25th Avenue to Palmer west to Gustave Avenue. The house is on the corner of Gustave and Palmer.
  • Lot Size: 11385
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Enclosed Porch Heated, Recreation Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 212

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 644.67
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 1, 2021
Sold by
Bought by
Seller's Agent
Lawrence Barrett
Weichert, Realtors - All Pro
Buyer's Agent
Lawrence Barrett
Weichert, Realtors - All Pro
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$275,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,674
Avg. Annual Appreciation
6.90%
Original Mortgage
$95,000
Outstanding Balance
$85,039
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$190,635

Purchase Details

Closed on
Dec 10, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melrose Park, IL

  • Ken Bruderle Real Estate Agent - Superior Homes Realty

    Ken Bruderle

    Responds Quickly

    Superior Homes Realty

    (224) 347-7415

    54 Total Sales

    1 in Franklin Park

    $400,000 Price

    Ken Bruderle
     Section Image
  • Ernestina Preciado Real Estate Agent - RE/MAX 10

    Ernestina Preciado

    RE/MAX 10

    (708) 998-4209

    167 Total Sales

    1 in Franklin Park

    $177,000 Price

    Ernestina Preciado
     Section Image
  • Timothy Soltys Real Estate Agent - Online Brokers Inc.

    Timothy Soltys

    Online Brokers Inc.

    (630) 521-3579

    75 Total Sales

    2 in Franklin Park

    $250K - $295K Price Range

    Timothy Soltys
     Section Image
  • Kimberly Zahand Real Estate Agent - Keller Williams North Shore West

    Kimberly Zahand

    Keller Williams North Shore West

    (708) 859-7009

    391 Total Sales

    1 in Franklin Park

    $403,500 Price

    Kimberly Zahand
     Section Image
  • Lisa Wolf Real Estate Agent - Keller Williams North Shore West

    Lisa Wolf

    Keller Williams North Shore West

    (224) 332-2538

    1,083 Total Sales

    1 in Franklin Park

    $403,500 Price

    Lisa Wolf
     Section Image
  • Ruben Camacho Real Estate Agent - Kale Realty

    Ruben Camacho

    Kale Realty

    (844) 770-1569

    115 Total Sales

    2 in Franklin Park

    $346K - $349K Price Range

    Ruben Camacho
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 Saturn Title Llc
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $95,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $200,000 -11.1% $214 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $225,000 -- $240 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,869 $25,000 $6,262 $18,738
2024 $3,869 $20,000 $5,123 $14,877
2023 $4,149 $20,000 $5,123 $14,877
2022 $4,149 $20,000 $5,123 $14,877
2021 $735 $13,732 $3,984 $9,748
2020 $645 $13,732 $3,984 $9,748
2019 $655 $15,499 $3,984 $11,515
2018 $753 $18,492 $3,415 $15,077
2017 $728 $18,492 $3,415 $15,077
2016 $1,444 $18,492 $3,415 $15,077
2015 $4,690 $17,550 $3,130 $14,420
2014 $1,538 $17,550 $3,130 $14,420
2013 $1,443 $17,550 $3,130 $14,420
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lawrence Barrett

    Weichert, Realtors - All Pro

    (773) 732-6508

    7 Total Sales

    Lawrence Barrett
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11235366

Midwest Real Estate Data (MRED)

APN: 12-33-221-016-0000

Illinois Cook County Melrose Park 60164

2200 Gustave Ave, Melrose Park, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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