NOT LISTED FOR SALE

5218 S Merrimac Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $279,000 - $319,848

2 Beds
1 Bath
1,000 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $270,000 $270 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,879/month

3 Days on Market

Highlights

  • Raised Ranch Architecture
  • 2 Car Detached Garage
  • Central Air

About This Home

As of June 2024

Welcome to your charming sanctuary! This delightful 2 bedroom, 1 bath home is the epitome of cozy living, nestled in the peaceful and highly desirable neighborhood of Garfield Ridge. Every corner of this home exudes warmth and charm, with thoughtfully chosen finishes enhancing both the interior and exterior. Outside, the enchanting charm continues with a meticulously landscaped yard, offering a tranquil outdoor oasis for enjoying sunny days and starlit nights. Kick on the grill and enjoy the summer in your new home, don't miss this great opportunity.

Last Agent to Sell the Property

Abraham Aguilera

You Properties LLC License #471020472 Listed on: 05/02/2024

You Properties LLC

Last Buyer's Agent

Jasmine Popoca

Redfin Corporation License #475177970

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 33x125

Parking

  • 2 Car Detached Garage

Home Design

  • 1,000 Sq Ft Home
  • Raised Ranch Architecture
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4049.87
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 4, 2024
Sold by
Herrera Eric and Herrera Elsie Amaris
Bought by
Maldonado Joanna and Maymo Angel L
Seller's Agent
Abraham Aguilera
You Properties LLC
Buyer's Agent
Jasmine Popoca
Redfin Corporation
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Views
93
Current Estimated Value
$290,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,962
Avg. Annual Appreciation
5.53%
Original Mortgage
$256,500
Outstanding Balance
$253,295
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$37,667

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 26, 2013
Sold by
Finnigan David
Bought by
Herrera Eric
Seller's Agent
Paul Hendershott
Double TT Real Estate Inc.
Buyer's Agent
Brian Schultz
Double TT Real Estate Inc.
List Price
$139,900
Sold Price
$131,500
Premium/Discount to List
-$8,400
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$129,117
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 2, 2012
Closed on
Jul 19, 2012
Sold by
Wheeler Dealer Ltd
Bought by
Finnigan David
Seller's Agent
Timothy Gray
The Chicagoland RE Auction Co.
Buyer's Agent
Donna Surma
New West Realty Partners LLC
List Price
$42,000
Sold Price
$45,000
Premium/Discount to List
$3,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.61%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Orr David D
Bought by
Wheeler Dealer Ltd

Purchase Details

Closed on
Aug 20, 1994
Sold by
Sebastian Paul Robert and Sebastian David
Bought by
Sebastian Paul Robert
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
Maldonado Joanna $270,000 None Listed On Document
Herrera Eric $131,500 None Available
Finnigan David $45,000 First American Title
Wheeler Dealer Ltd -- None Available
Sebastian Paul Robert -- Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Joanna $256,500
Previous Owner Herrera Eric $129,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2024 06/06/24 Sold $270,000 0.0% $270 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $269,900 +105.2% $270 / Sq Ft
11/26/2013 11/26/13 Sold $131,500 -6.0% $138 / Sq Ft View Prior Sale
11/22/2013 11/22/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $139,900 +210.9% $147 / Sq Ft
07/26/2012 07/26/12 Sold $45,000 0.0% $47 / Sq Ft View Prior Sale
07/16/2012 07/16/12 Off Market $45,000 -- --
07/12/2012 07/12/12 Price Changed $42,000 0.0% $44 / Sq Ft
07/12/2012 07/12/12 For Sale $42,000 -6.7% $44 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/16/2012 05/16/12 Price Changed $45,000 -24.9% $47 / Sq Ft
05/10/2012 05/10/12 Price Changed $59,900 -14.3% $63 / Sq Ft
05/02/2012 05/02/12 For Sale $69,900 -- $74 / 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 $4,176 $25,000 $5,832 $19,168
2023 $4,050 $23,001 $5,208 $17,793
2022 $4,050 $23,001 $5,208 $17,793
2021 $3,955 $22,999 $5,207 $17,792
2020 $3,303 $17,832 $4,166 $13,666
2019 $3,515 $20,816 $4,166 $16,650
2018 $3,456 $20,816 $4,166 $16,650
2017 $2,285 $13,922 $3,749 $10,173
2016 $2,303 $13,922 $3,749 $10,173
2015 $2,086 $13,922 $3,749 $10,173
2014 $2,033 $13,440 $3,541 $9,899
2013 $2,464 $13,440 $3,541 $9,899
Source: Public Records

Agents Affiliated with this Home

  • Abraham Aguilera

    Seller's Agent in 2024

    Abraham Aguilera

    You Properties LLC

    (312) 599-6505

    2 in this area

    44 Total Sales

    Abraham Aguilera
    Section Image
  • Paul Hendershott

    Seller's Agent in 2013

    Paul Hendershott

    Double TT Real Estate Inc.

    (708) 299-3939

    55 in this area

    125 Total Sales

    Paul Hendershott
    Section Image

  • B

    Buyer's Agent in 2013

    Brian Schultz

    Double TT Real Estate Inc.

  • Timothy Gray

    Seller's Agent in 2012

    Timothy Gray

    The Chicagoland RE Auction Co.

    (312) 953-1498

    295 Total Sales

    Timothy Gray
    Section Image
  • Donna Surma

    Buyer's Agent in 2012

    Donna Surma

    New West Realty Partners LLC

    (312) 927-1434

    1 in this area

    16 Total Sales

    Donna Surma
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12044845

Midwest Real Estate Data (MRED)

APN: 19-08-310-065-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5218 S Merrimac Ave, Chicago, IL

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