NOT LISTED FOR SALE

5345 S Merrimac Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $286,000 - $379,735

5 Beds
3 Baths
714 Sq Ft
$439/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $179,000 $251 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,803/month

268 Days on Market

Highlights

  • Second Kitchen
  • Recreation Room
  • Lower Floor Utility Room
  • Deck
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of April 2019

Over Sized 2 Story Style House*5/6 Bedrooms*3 Baths*3 Kitchens*Enclosed Rear Porch*2 Car Garage*1st floor has Large eat in Kitchen*Walk in Pantry*2 Bedrooms*Livingroom and*Full bath*Walk upstairs to*Eat in Kitchen*and either 2 more bedrooms or a familyroom and one bedroom*Lower Level*Has Rec room with Kitchen*One Bedroom*and Full Bath*Newer Windows*Seperate Heating*2 car Garage*Fully fenced yard. HOME IS IN NEED OF REHAB*OR SOMEONE WHO WILL TO FIX IT UP* Come take a look* a lot of home and close to shopping*transportation*and more****

Last Agent to Sell the Property

Valentina Hatzelis

RE/MAX 10 License #471004666 Listed on: 01/22/2018

RE/MAX 10

Last Buyer's Agent

Jose Cortez

Golden Enterprise Realty Inc License #471013872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,842

Year Built

  • 1915

Lot Details

  • Fenced Yard

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven

Outdoor Features

  • Deck
  • Porch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,842

Year Built

1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1915
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Refrigerator
  • Equipment: Ceiling Fan
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 10X11, On Level: Basement, Flooring: Other
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Walk-in
  • Additional Rooms: 2nd Kitchen, 5th Bedroom, Recreation Room, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X8, On Level: Lower, Flooring: Other
  • Additional Room 2 Name: Recreation Rm, Dimensions: 12X11, On Level: Lower, Flooring: Other
  • Bedroom 2: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: 2nd Kitchen, Dimensions: 12X11, On Level: 2nd Level, Flooring: Other
  • Bedroom 3: Dimensions: 12X9, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Utility Room-Lower Level, Dimensions: 14X9, On Level: Lower
  • Bedroom 4: Dimensions: 13X10, On Level: 2nd Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Storms/Screens
  • Acreage: 0.1004

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Radiant

Condo/Co-op/Association

  • Assessed Sq Ft: 714

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 35X125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19083190180000

Tax Info

  • Taxes: 2020.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 10, 2019
Sold by
Skafar Karen J
Bought by
Cortez John Ruben
Seller's Agent
Valentina Hatzelis
RE/MAX 10
Buyer's Agent
Jose Cortez
Golden Enterprise Realty Inc
List Price
$210,000
Sold Price
$179,000
Premium/Discount to List
-$31,000
-14.76%
Current Estimated Value
$313,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,434
Avg. Annual Appreciation
8.96%
Original Mortgage
$206,075
Outstanding Balance
$184,056
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$129,379

Purchase Details

Closed on
Nov 30, 1998
Sold by
Moloceniuc Daniel L
Bought by
Skafar Steve A and Skafar Karen J

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
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 18, 1998
Sold by
Murray Catherine A and Balsitis Catherine A
Bought by
Moloceniuc Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
7.32%
Source: Public Records

Range of Values:

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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
Cortez John Ruben $179,000 Attorney
Skafar Steve A $120,000 Professional National Title
Moloceniuc Daniel L $77,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez John Ruben $206,075
Previous Owner Skafar Steve A $100,000
Previous Owner Moloceniuc Daniel L $61,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $179,000 -10.5% $251 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $200,000 -4.8% $280 / Sq Ft
01/22/2018 01/22/18 For Sale $210,000 -- $294 / 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 $1,842 $30,000 $6,125 $23,875
2023 $2,482 $12,000 $5,469 $6,531
2022 $2,482 $12,000 $5,469 $6,531
2021 $2,413 $11,999 $5,468 $6,531
2020 $1,282 $5,717 $4,375 $1,342
2019 $2,906 $17,803 $4,375 $13,428
2018 $2,857 $17,803 $4,375 $13,428
2017 $1,981 $12,517 $3,937 $8,580
2016 $2,020 $12,517 $3,937 $8,580
2015 $1,826 $12,517 $3,937 $8,580
2014 $1,822 $12,314 $3,718 $8,596
2013 $1,776 $12,314 $3,718 $8,596
Source: Public Records

Agents Affiliated with this Home

  • Jose Cortez

    Buyer's Agent in 2019

    Jose Cortez

    Golden Enterprise Realty Inc

    (773) 680-7640

    3 in this area

    104 Total Sales

    Jose Cortez
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09837984

Midwest Real Estate Data (MRED)

APN: 19-08-319-018-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5345 S Merrimac Ave, Chicago, IL

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