NOT LISTED FOR SALE

541 Merrill Ave Loves Park, IL 61111

Estimated Value: $106,000 - $110,000

2 Beds
1 Bath
744 Sq Ft
$145/Sq Ft Est. Value

About This Home

This home is located at 541 Merrill Ave, Loves Park, IL 61111 and is currently estimated at $107,882, approximately $145 per square foot. 541 Merrill Ave is a home located in Winnebago County with nearby schools including Loves Park Elementary School, Harlem Middle School, and Harlem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Wood Trust and Johnson David C
Bought by
Schwandt Shea and Schwandt Sylvia
Current Estimated Value
$107,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Outstanding Balance
$99,395
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$8,487
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
Schwandt Shea $105,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwandt Shea $99,750
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 $503 $29,013 $4,313 $24,700
2023 $545 $25,582 $3,803 $21,779
2022 $419 $22,757 $3,398 $19,359
2021 $430 $19,237 $3,116 $16,121
2020 $418 $19,727 $2,946 $16,781
2019 $450 $17,333 $2,808 $14,525
2018 $499 $16,250 $2,646 $13,604
2017 $543 $15,551 $2,532 $13,019
2016 $512 $15,260 $2,485 $12,775
2015 $259 $15,260 $2,485 $12,775
2014 $726 $16,386 $3,110 $13,276
Source: Public Records

Map

Illinois Winnebago County Loves Park 61111

541 Merrill Ave, Loves Park, IL

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