NOT LISTED FOR SALE

Estimated Value: $255,000 - $305,297

3 Beds
2 Baths
1,331 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 1538 Merrimac Ln S, Hanover Park, IL 60133 and is currently estimated at $287,574, approximately $216 per square foot. 1538 Merrimac Ln S is a home located in DuPage County with nearby schools including Cloverdale Elementary School, Stratford Middle School, and Glenbard North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2010
Sold by
Esquivel Eloisa
Bought by
Ansari Naheed and Ansari Reshma
Current Estimated Value
$285,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,565
Outstanding Balance
$81,578
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$202,998

Purchase Details

Closed on
Aug 4, 2006
Sold by
Madrzak Steve
Bought by
Esquivel Eloisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
9.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1998
Sold by
Decker Kenneth R and Decker Debra K
Bought by
Madrzak Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,042
Interest Rate
6.93%
Mortgage Type
FHA
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
Ansari Naheed $120,000 Chicago Title Insurance Co
Esquivel Eloisa $195,000 Greater Illinois Title Compa
Madrzak Steve $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ansari Naheed $116,565
Previous Owner Esquivel Eloisa $156,000
Previous Owner Esquivel Eloisa $39,000
Previous Owner Madrzak Steven $27,995
Previous Owner Madrzak Steve $107,000
Previous Owner Madrzak Steve $111,042
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 $6,517 $78,361 $20,077 $58,284
2023 $6,122 $71,660 $18,360 $53,300
2022 $6,066 $66,370 $18,240 $48,130
2021 $5,826 $63,060 $17,330 $45,730
2020 $5,731 $61,520 $16,910 $44,610
2019 $5,517 $59,120 $16,250 $42,870
2018 $4,052 $43,440 $13,360 $30,080
2017 $3,845 $40,260 $12,380 $27,880
2016 $3,633 $37,260 $11,460 $25,800
2015 $3,591 $34,770 $10,690 $24,080
2014 $4,064 $38,710 $11,210 $27,500
2013 $4,082 $40,030 $11,590 $28,440
Source: Public Records

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