NOT LISTED FOR SALE

5514 S Merrimac Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $340,000 - $380,000

3 Beds
3 Baths
1,400 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $203,000 $145 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,232/month

102 Days on Market

Highlights

  • Cape Cod Architecture
  • Formal Dining Room
  • Patio
  • Kinzie Elementary School Rated 9+
  • 2 Car Detached Garage
  • 2-minute walk to Wentworth (John) Park

About This Home

As of August 2017

COME SEE THIS 3 BEDROOM BRICK CAPE COD WITH 2 CAR GARAGE ON HUGE 40 X 125 CORNER LOT.GLEAMING HARDWOOD FLOORS THROUGHOUT MAIN LEVEL..HUGE LIVING ROOM AND DINING ROOM WITH UPDATED KITCHEN...FULL FINISHED BASEMENT .NEWER ROOF(3 YEARS OLD,, TEAR OFF) WALKING DISTANCE TO SCHOOL,STORE AND TRANSPORTATION..MUST SEE TODAY!

Last Agent to Sell the Property

brian schultz

Century 21 NuVision Real Estate License #475142093 Listed on: 03/16/2017

Century 21 NuVision Real Estate

Co-Listed By

Marlene Mendez-Bragado

Double TT Real Estate Inc. License #475137593

Last Buyer's Agent

Margarita Lopez

Baird & Warner, Inc. License #475156324

Baird & Warner, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,547

Lot Details

  • 5,009

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storm Screens
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Lot Dimensions are 40x125

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,547

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1400
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 1444
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Square Footage Comments: MAIN LEVEL ASSESSOR SQ FT 844,,2ND LEVEL ESTIMATE 600
  • Primary Bedroom Bath: None
  • Second Bedroom Flooring: Carpet
  • Second Bedroom Window Treatments: Curtains/Drapes
  • Third Bedroom Window Treatments: Curtains/Drapes
  • Kitchen Flooring: Vinyl
  • Kitchen Window Treatments: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space
  • Dining Room Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • Living Room Window Treatments: Blinds
  • Master Bedroom Flooring: Carpet
  • Dining Room Window Treatments: Curtains/Drapes
  • Family Room Flooring: Other
  • Family Room Window Treatments: None
  • Master Bedroom Window Treatments: Curtains/Drapes

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2547
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Aug 22, 2017
Sold by
Robledo Ruben
Bought by
Marquez Ricardo Diaz and Diaz Renee
Seller's Agent
brian schultz
Century 21 NuVision Real Estate
Buyer's Agent
Margarita Lopez
Baird & Warner, Inc.
List Price
$239,900
Sold Price
$203,000
Premium/Discount to List
-$36,900
-15.38%
Current Estimated Value
$358,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,161
Avg. Annual Appreciation
7.21%
Original Mortgage
$162,400
Outstanding Balance
$136,485
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$221,676

Purchase Details

Closed on
May 31, 1996
Sold by
Barrera Alejandro
Bought by
Robledo Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
8.07%
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
Marquez Ricardo Diaz $203,000 None Available
Robledo Ruben $110,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Ricardo Diaz $162,400
Previous Owner Robledo Ruben $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2017 08/30/17 Sold $203,000 -5.6% $145 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/15/2017 06/15/17 Price Changed $215,000 -2.2% $154 / Sq Ft
05/18/2017 05/18/17 Price Changed $219,900 -2.2% $157 / Sq Ft
05/10/2017 05/10/17 Price Changed $224,900 -2.2% $161 / Sq Ft
05/01/2017 05/01/17 Price Changed $229,900 -4.2% $164 / Sq Ft
03/16/2017 03/16/17 For Sale $239,900 -- $171 / 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 $26,000 $7,000 $19,000
2023 $4,050 $23,000 $6,250 $16,750
2022 $4,050 $23,000 $6,250 $16,750
2021 $3,955 $23,000 $6,250 $16,750
2020 $3,485 $18,644 $5,000 $13,644
2019 $3,495 $20,716 $5,000 $15,716
2018 $3,436 $20,716 $5,000 $15,716
2017 $2,827 $16,420 $4,500 $11,920
2016 $2,807 $16,420 $4,500 $11,920
2015 $2,547 $16,420 $4,500 $11,920
2014 $2,438 $15,606 $4,250 $11,356
2013 $2,379 $15,606 $4,250 $11,356
Source: Public Records

Agents Affiliated with this Home

  • b

    Seller's Agent in 2017

    brian schultz

    Century 21 NuVision Real Estate

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Marlene Mendez-Bragado

    Double TT Real Estate Inc.

    Section Image
  • Margarita Lopez

    Buyer's Agent in 2017

    Margarita Lopez

    Baird Warner

    (773) 829-2699

    4 in this area

    134 Total Sales

    Margarita Lopez
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09566624

Midwest Real Estate Data (MRED)

APN: 19-17-102-018-0000

Illinois Cook County Chicago 60638 Garfield Ridge

5514 S Merrimac Ave, Chicago, IL

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