NOT LISTED FOR SALE

5040 N Merrimac Ave Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $270,000 - $385,000

2 Beds
1 Bath
970 Sq Ft
$345/Sq Ft Est. Value

About This Home

This home is located at 5040 N Merrimac Ave, Chicago, IL 60630 and is currently estimated at $334,973, approximately $345 per square foot. 5040 N Merrimac Ave is a home located in Cook County with nearby schools including Garvy J Elementary School, Taft High School, and St. Constance School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2016
Sold by
Vazquez Juan
Bought by
Vazquez John
Current Estimated Value
$334,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$101,780
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$233,193

Purchase Details

Closed on
Jan 25, 2016
Sold by
Vazquez John
Bought by
Vazquez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$101,780
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$233,193

Purchase Details

Closed on
Dec 16, 2015
Sold by
Vazquez Juan
Bought by
Vazquez John

Purchase Details

Closed on
Dec 17, 2001
Sold by
Santiago Constancio and Santiago Daniel
Bought by
Vazquez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 1999
Sold by
Chase Gary L and Chase Marian Frances
Bought by
Santiago Constacio and Santiago Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Vazquez John $160,000 Alliance Title Corporation
Vazquez Juan -- Attorney
Vazquez John -- Attorney
Vazquez Juan $200,000 --
Santiago Constacio $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez John $128,000
Previous Owner Vazquez Juan $160,000
Previous Owner Santiago Constacio $100,000
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 $5,911 $29,000 $12,400 $16,600
2023 $5,762 $28,000 $9,920 $18,080
2022 $5,762 $28,000 $9,920 $18,080
2021 $5,634 $28,000 $9,920 $18,080
2020 $5,999 $26,912 $6,200 $20,712
2019 $6,011 $29,903 $6,200 $23,703
2018 $5,910 $29,903 $6,200 $23,703
2017 $4,768 $22,135 $5,456 $16,679
2016 $4,436 $22,135 $5,456 $16,679
2015 $4,272 $23,300 $5,456 $17,844
2014 $4,350 $23,427 $4,960 $18,467
2013 $4,264 $23,427 $4,960 $18,467
Source: Public Records

Map

Illinois Cook County Chicago 60630 Jefferson Park

5040 N Merrimac Ave, Chicago, IL

This home is located at 5040 N Merrimac Ave, Chicago, IL 60630 and is currently estimated at $334,973, approximately $345 per square foot. 5040 N Merrimac Ave is a home located in Cook County with nearby schools including Garvy J Elementary School, Taft High School, and St. Constance School.

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.

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