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$185,000 Sold Price
SOLD ON 05/03/16

4940 W Melrose St Chicago, IL 60641 (Portage Park)

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  • Single-Family Home
  • 3 Bedrooms
  • 1 full Bathroom
  • 1,304 sqft
  • Lot size: 3,500 sqft
  • Built in 1924
  • Provided By:
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Property Details for 4940 W Melrose St


Description provided by Trulia
This Single-Family Home located at 4940 West Melrose Street, Chicago, IL sold for $185,000on May 3, 2016. 4940 W Melrose St has 3 beds, 1 bath, and approximately 1,304 square feet. The property has a lot size of 3,500 sqft and was built in 1924. The average listing price for similar homes for sale is $301,530. 4940 W Melrose St is in the Portage Park neighborhood in Chicago, IL. The average price per square foot for homes for sale in Portage Park is $223.

Public Records for 4940 W Melrose St


Official property, sales, and tax information from county (public) records as of 03/2016:
    • Single Family Residential
    • 1,304 sqft
    • Stories: 1 story with attic and basement
    • Parking Spaces: 1
    • 1 Unit
    • County: Cook
    • 3 Bedrooms
    • Lot Size: 3,500 sqft
    • A/C: Central
    • Exterior Walls: Stucco
    • Basement: Improved Basement (Finished)
    • Tax Rate Code Area: 71033
    • 1 Bathroom
    • Built In 1924
    • Parking: Detached Garage
    • Roof: Shingle (Not Wood)
    • Subdivision: EDWARDS SUB OF SW SE SE SEC 21-40-13

Affordability

Property Taxes and Assessment for 4940 W Melrose St


Land
Improvement
Total
$4,200
+
$16,559
=
$20,759
Year Tax Assessment Market
2014 $3,854 $20,759  N/A
Source: Public Records

Price History & Trends


Price History for 4940 W Melrose St


Date Event Price Source Agents
05/03/2016 Sold view detail $185,000 Public records Public records  
  • Recording Date
    05/03/2016
  • Contract Date
    03/23/2016
  • Sale Price
    $185,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • County Transfer Tax
    $93
  • Total Transfer Tax
    $185
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    REO Resale
09/15/2006 Sold view detail $332,000 Public records Public records  
  • Recording Date
    09/15/2006
  • Contract Date
    08/25/2006
  • Sale Price
    $332,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • County Transfer Tax
    $166
  • Total Transfer Tax
    $332
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed
02/09/1998 Sold view detail $137,000 Public records Public records  
  • Recording Date
    02/09/1998
  • Contract Date
    01/29/1998
  • Sale Price
    $137,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • County Transfer Tax
    $69
  • Total Transfer Tax
    $137
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed

Real Estate Trends in Portage Park


Sale price for 4940 W Melrose St $185,000  
Average listing price for similar homes $301,530 63% above sale price
Average listing price for all homes in Portage Park $332,124 44% above sale price
Median sale price for all homes in Portage Park $270,000 46% above sale price


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