NOT LISTED FOR SALE

2623 N Merrimac Ave Chicago, IL 60639

Belmont Central Neighborhood

Estimated Value: $353,232 - $440,000

2 Beds
1 Bath
1,116 Sq Ft
$341/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $130,000 $116 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,270/month

8 Days on Market

About This Home

As of October 2013

Opportunity knocks! Cozy 2BDR/1BTH SFH. Freshly painted, refinished hrwd flrs & new updates in kitchen. Great starter home w/nice yard space. Property sold "as-is". Seller does not provide survey or disclosures. Taxes prorated at 100%. Lot & room sizes are estimated. Please submit P.O.F funds or pre-approval w/all offers. This property is eligible under the Freddie Mac First Look Initiative through 9/18/13

Last Agent to Sell the Property

Linda O'Donnell

O'Donnell Partners License #471001582 Listed on: 09/04/2013

Last Buyer's Agent

Carlos Gonzalez

Century 21 Circle License #475136485

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,311

Year Built

  • 1920

Lot Details

  • 4,356

Home Design

  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,311

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1920
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X11, On Level: Main Level
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X11, On Level: Main Level
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X9, On Level: Main Level
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Frame

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 35 X 125
  • Parcel Identification Number: 13293110060000

Tax Info

  • Taxes: 2969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Sep 24, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Torres Nir Jesus
Seller's Agent
Linda O'Donnell
O'Donnell Partners
Buyer's Agent
Carlos Gonzalez
Century 21 Circle
List Price
$114,900
Sold Price
$130,000
Premium/Discount to List
$15,100
13.14%
Current Estimated Value
$380,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,308
Avg. Annual Appreciation
9.35%
Original Mortgage
$127,645
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2012
Sold by
Tinoco Fernando
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 19, 2001
Sold by
Stojak Andrew and Stojak Andres
Bought by
Tinoco Fernando and Tinoco Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,650
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1999
Sold by
Stojak Andrew Henry
Bought by
Stojak Andrew
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
Torres Nir Jesus $130,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Tinoco Fernando $150,000 --
Stojak Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Nir Jesus $127,645
Previous Owner Tinoco Fernando $147,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2013 10/30/13 Sold $130,000 +13.1% $116 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $114,900 -- $103 / 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 $3,311 $29,000 $8,029 $20,971
2023 $3,206 $19,000 $6,510 $12,490
2022 $3,206 $19,000 $6,510 $12,490
2021 $3,153 $19,000 $6,510 $12,490
2020 $3,880 $20,510 $4,774 $15,736
2019 $3,944 $23,046 $4,774 $18,272
2018 $4,555 $23,046 $4,774 $18,272
2017 $3,838 $17,821 $4,340 $13,481
2016 $3,571 $17,821 $4,340 $13,481
2015 $3,268 $17,821 $4,340 $13,481
2014 $3,239 $17,447 $3,906 $13,541
2013 $2,697 $17,447 $3,906 $13,541
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Linda O'Donnell

    O'Donnell Partners

  • C

    Buyer's Agent in 2013

    Carlos Gonzalez

    Century 21 Circle

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08436478

Midwest Real Estate Data (MRED)

APN: 13-29-311-006-0000

Illinois Cook County Chicago 60639 Belmont Central

2623 N Merrimac Ave, Chicago, IL

This home is located at 2623 N Merrimac Ave, Chicago, IL 60639 since 04 September 2013 and is currently estimated at $380,308, approximately $340 per square foot. This property was built in 1920. 2623 N Merrimac Ave is a home located in Cook County with nearby schools including Lyon Elementary School, Steinmetz College Prep, and Horizon Science Academy-Belmont.

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