NOT LISTED FOR SALE

5234 S Merrimac Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $324,000 - $396,000

3 Beds
2 Baths
1,360 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 5234 S Merrimac Ave, Chicago, IL 60638 and is currently estimated at $359,907, approximately $264 per square foot. 5234 S Merrimac Ave is a home located in Cook County with nearby schools including Byrne Elementary School, Kennedy High School, and St Daniel The Prophet School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2002
Sold by
Amico Marguerite
Bought by
Fela Adam and Fela Jacalyn
Current Estimated Value
$359,907

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
Outstanding Balance
$42,169
Interest Rate
6.24%
Estimated Equity
$317,738
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Fela Adam $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fela Adam $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 $4,600 $31,000 $5,950 $25,050
2023 $4,464 $25,001 $5,313 $19,688
2022 $4,464 $25,001 $5,313 $19,688
2021 $4,357 $24,999 $5,312 $19,687
2020 $4,526 $23,290 $4,250 $19,040
2019 $4,539 $25,878 $4,250 $21,628
2018 $4,462 $25,878 $4,250 $21,628
2017 $3,936 $21,540 $3,825 $17,715
2016 $3,839 $21,540 $3,825 $17,715
2015 $3,492 $21,540 $3,825 $17,715
2014 $3,036 $18,804 $3,612 $15,192
2013 $2,965 $18,804 $3,612 $15,192
Source: Public Records

Map

Illinois Cook County Chicago 60638 Garfield Ridge

5234 S Merrimac Ave, Chicago, IL

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