NOT LISTED FOR SALE

5057 N Merrimac Ave Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $442,274 - $477,000

5 Beds
3 Baths
1,481 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $290,000 $196 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,990/month

18 Days on Market

Highlights

  • Second Kitchen
  • Sauna
  • Wood Flooring
  • William Howard Taft High School Rated A-
  • English Architecture
  • Bonus Room

About This Home

As of May 2016

CHECK OUT VIRTUAL TOUR(3D WALK-THRU) HANDSOME BRICK HOME ON A QUAINT TREE LINED STREET..THIS HOME FEATURES 3 BEDROOMS ABOVE GRADE PLUS 2 IN THE BASEMENT..IT HAS 3 FULL BATHS. PREFECT FOR A FAMILY THAT NEEDS A LITTLE EXTRA BREATHING ROOM.. THIS GEM HAS A HUGE (40X125) LOT..

Last Agent to Sell the Property

Richard Mell

Coldwell Banker Realty License #471002698 Listed on: 03/20/2016

Coldwell Banker Realty

Last Buyer's Agent

Robert Rivera

Landmark Heritage Realty License #475151784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,545

Year Built

  • 1950

Lot Details

  • 4,966

Parking

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

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • In-Law or Guest Suite
  • Sitting Room
  • Bonus Room
  • Sauna
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $9,250 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,545

Year Built

1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: English
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: Sauna/Steam Room, Hardwood Floors, In-Law Arrangement
  • Number Of Rooms: 11
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Attic: Unfinished
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Additional Rooms: 2nd Kitchen, Bonus, 5th Bedroom, Sitting Room
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X10, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 2 Name: Bonus, Dimensions: 15X9, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Sitting, Dimensions: 8X6, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 12X9, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 4 Name: 2nd Kitchen, Dimensions: 12X10, On Level: 2nd Level, Flooring: Other, Windows: None
  • Bedroom 4: Dimensions: 13X10, On Level: Basement, Flooring: Other, Windows: None
  • Estimated Sq Ft: 1481
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 40 X 125
  • Parcel Identification Number: 13083090430000

Tax Info

  • Taxes: 4479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2016
Closed on
May 12, 2016
Sold by
Sharpe Lorraine V and Meyer George Frederick
Bought by
Yoffrien Daniel
Seller's Agent
Richard Mell
Coldwell Banker Realty
Buyer's Agent
Robert Rivera
Landmark Heritage Realty
List Price
$304,000
Sold Price
$290,000
Premium/Discount to List
-$14,000
-4.61%
Current Estimated Value
$466,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,319
Avg. Annual Appreciation
5.15%
Original Mortgage
$284,747
Outstanding Balance
$225,489
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$240,830

Purchase Details

Closed on
Jun 8, 2010
Sold by
Sharpe Lorraine V
Bought by
Sharpe Lorraine V and Meyer George Frederick

Purchase Details

Closed on
Jun 7, 2010
Sold by
Sharpe Lorraine
Bought by
Sharpe Lorraine

Purchase Details

Closed on
Aug 2, 2007
Sold by
Sharpe Lorraine V
Bought by
Sharpe Lorraine V and Sharpe Family Trust

Purchase Details

Closed on
Jun 2, 2006
Sold by
Soteras Louis J and Domino James B
Bought by
Sharpe Lorraine V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2006
Sold by
Tcf National Bank
Bought by
Soteras Louis J and Domino James B

Purchase Details

Closed on
Jan 11, 2006
Sold by
Karaliyski
Bought by
Tcf National Bank

Purchase Details

Closed on
Dec 22, 2003
Sold by
Karaliyski Mihail D and Stoimenova Natalia
Bought by
Karaliyski Mihail D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2003
Sold by
Zima Joseph T
Bought by
Karaliyski Mihail D and Stoimenova Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 1994
Sold by
Harmening Anna Mae
Bought by
Elliston Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
8.75%
Source: Public Records

Range of Values:

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Average Value
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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
Yoffrien Daniel $290,000 North American Title Company
Sharpe Lorraine V -- None Available
Sharpe Lorraine -- None Available
Sharpe Lorraine V -- None Available
Sharpe Lorraine V $390,000 Prairie Title Inc
Soteras Louis J $284,000 None Available
Tcf National Bank -- None Available
Karaliyski Mihail D -- Multiple
Karaliyski Mihail D -- Pntn
Elliston Michael K $132,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoffrien Daniel $284,747
Previous Owner Sharpe Lorraine V $290,000
Previous Owner Karaliyski Mihail D $240,000
Previous Owner Karaliyski Mihail D $240,000
Previous Owner Elliston Michael K $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $290,000 -4.6% $196 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $304,000 -- $205 / 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 $6,545 $34,000 $12,400 $21,600
2023 $6,381 $31,000 $9,920 $21,080
2022 $6,381 $31,000 $9,920 $21,080
2021 $6,238 $31,004 $9,924 $21,080
2020 $6,762 $30,336 $6,200 $24,136
2019 $6,776 $33,707 $6,200 $27,507
2018 $6,662 $33,707 $6,200 $27,507
2017 $5,523 $25,641 $5,456 $20,185
2016 $5,138 $25,641 $5,456 $20,185
2015 $4,949 $26,991 $5,456 $21,535
2014 $4,479 $24,122 $4,960 $19,162
2013 $4,390 $24,122 $4,960 $19,162
Source: Public Records

Agents Affiliated with this Home

  • Richard Mell

    Seller's Agent in 2016

    Richard Mell

    Coldwell Banker Realty

    (773) 259-6976

    34 Total Sales

    Richard Mell
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Rivera

    Landmark Heritage Realty

    (773) 252-2222

    7 Total Sales

    Robert Rivera
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09170796

Midwest Real Estate Data (MRED)

APN: 13-08-309-043-0000

Illinois Cook County Chicago 60630 Jefferson Park

5057 N Merrimac Ave, Chicago, IL

This home is located at 5057 N Merrimac Ave, Chicago, IL 60630 since 20 March 2016 and is currently estimated at $466,319, approximately $314 per square foot. This property was built in 1950. 5057 N Merrimac Ave is a home located in Cook County with nearby schools including Garvy J Elementary School, William Howard Taft High School, and St. Constance School.

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