NOT LISTED FOR SALE

5152 S Merrimac Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $345,000 - $394,000

3 Beds
2 Baths
1,072 Sq Ft
$338/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $267,500 $250 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,252/month

128 Days on Market

Highlights

  • Second Kitchen
  • Workroom
  • Central Air
  • Detached Garage
  • Property is near a bus stop

About This Home

As of March 2016

Conveniently located, beautifully renovated 3 bed/2 bath bungalow in Garfield Ridge. Sunlight pours into the living room via large skylights, offering as much natural light as needed. Hardwood floors in all bedrooms. Recently finished basement has separated entrance and offers potential for related living. Basement boasts full kitchen, complete with SS appliances and full bathroom. Possible fourth bedroom or office in basement, as well. On hot days, you'll be eager to get home to your oasis-like backyard, complete with swimming pool. On snowy days, there will be no need to reserve your on street parking spot. A convenient side drive leads to a garage with overhead doors on both the alley and yard sides. A beautiful home on a great block. Hurry!

Last Agent to Sell the Property

Mike McCatty

Century 21 Circle License #471002650 Listed on: 10/30/2015

Century 21 Circle

Co-Listed By

Dennis Hough

Crosstown Realtors, Inc. License #475162626

Last Buyer's Agent

Elia Bonilla

RE/MAX LOYALTY License #475142372

RE/MAX LOYALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,153

Year Built

  • 1952

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Available
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Workroom
  • Second Kitchen

Finished Basement

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

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,153

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1952
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X12, On Level: Basement
  • Kitchen Type: Dimensions: 10X20, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: 2nd Kitchen, Workroom
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 14X18, On Level: Basement
  • Additional Room 2 Name: Work Rm, Dimensions: 9X9, On Level: Basement
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 1072
  • Family Room: Dimensions: 21X37, On Level: Basement, Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Acreage: 0.109

Garage/Parking

  • Parking: Garage, Space/s
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 38X125
  • Parcel Identification Number: 19083020600000

Tax Info

  • Taxes: 2587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Mar 15, 2016
Sold by
Amella Robert and Amella Kristie
Bought by
Kankowske Nathan J
Seller's Agent
Mike McCatty
Century 21 Circle
Buyer's Agent
Elia Bonilla
RE/MAX LOYALTY
List Price
$269,000
Sold Price
$267,500
Premium/Discount to List
-$1,500
-0.56%
Current Estimated Value
$362,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,866
Avg. Annual Appreciation
3.21%
Original Mortgage
$262,654
Outstanding Balance
$208,578
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$153,788

Purchase Details

Closed on
Dec 23, 2003
Sold by
Chraca Andrzej and Chraca Danuta
Bought by
Amella Robert and Amella Kristie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Zierden Stella
Bought by
Chraca Andrzej and Chraca Danuta

Purchase Details

Closed on
Oct 19, 2000
Sold by
Cole Taylor Bank
Bought by
Zierden Stella C

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
7.14%
Mortgage Type
Seller Take Back
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
Kankowske Nathan J $267,500 Prism Title
Amella Robert $266,000 Multiple
Chraca Andrzej $195,500 Multiple
Zierden Stella C -- Brokers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kankowske Nathan J $262,654
Previous Owner Amella Robert $260,000
Previous Owner Zierden Stella C $240,000
Closed Zierden Stella C $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $267,500 -0.6% $250 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $269,000 0.0% $251 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/02/2015 12/02/15 Price Changed $269,000 -5.6% $251 / Sq Ft
10/30/2015 10/30/15 For Sale $284,900 -- $266 / 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 $4,153 $30,000 $6,650 $23,350
2023 $4,027 $23,001 $5,938 $17,063
2022 $4,027 $23,001 $5,938 $17,063
2021 $3,955 $22,999 $5,937 $17,062
2020 $4,116 $21,577 $4,750 $16,827
2019 $4,128 $23,975 $4,750 $19,225
2018 $4,057 $23,975 $4,750 $19,225
2017 $4,105 $19,067 $4,275 $14,792
2016 $3,319 $19,067 $4,275 $14,792
2015 $3,013 $19,067 $4,275 $14,792
2014 $2,588 $16,516 $4,037 $12,479
2013 $2,526 $16,516 $4,037 $12,479
Source: Public Records

Agents Affiliated with this Home

  • Mike McCatty

    Seller's Agent in 2016

    Mike McCatty

    Century 21 Circle

    (708) 945-2121

    3 in this area

    1,133 Total Sales

    Mike McCatty
    Section Image
  • Dennis Hough

    Seller Co-Listing Agent in 2016

    Dennis Hough

    Crosstown Realtors, Inc.

    (708) 580-6284

    10 Total Sales

    Dennis Hough
    Section Image

  • E

    Buyer's Agent in 2016

    Elia Bonilla

    RE/MAX

    (773) 677-9617

    3 in this area

    66 Total Sales

    Elia Bonilla
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09075557

Midwest Real Estate Data (MRED)

APN: 19-08-302-060-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5152 S Merrimac Ave, Chicago, IL

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