5522 S Merrimac Ave Chicago, IL 60638
Garfield Ridge NeighborhoodEstimated Value: $320,000 - $369,000
3
Beds
1
Bath
1,200
Sq Ft
$288/Sq Ft
Est. Value
About This Home
This home is located at 5522 S Merrimac Ave, Chicago, IL 60638 and is currently estimated at $346,072, approximately $288 per square foot. 5522 S Merrimac Ave is a home located in Cook County with nearby schools including Kinzie Elementary School, Kennedy High School, and St Daniel The Prophet School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 22, 2001
Sold by
Wolnik Joseph S and Wolnik Eleanor A
Bought by
Srebalus James A and Srebalus Margaret A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Outstanding Balance
$63,191
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$282,881
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Srebalus James A | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Srebalus James A | $167,373 |
Source: Public Records
Tax History Compared to Growth
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 | $29,000 | $5,250 | $23,750 |
| 2023 | $4,050 | $23,001 | $4,688 | $18,313 |
| 2022 | $4,050 | $23,001 | $4,688 | $18,313 |
| 2021 | $3,955 | $22,999 | $4,687 | $18,312 |
| 2020 | $3,881 | $20,411 | $3,750 | $16,661 |
| 2019 | $3,892 | $22,679 | $3,750 | $18,929 |
| 2018 | $3,826 | $22,679 | $3,750 | $18,929 |
| 2017 | $3,489 | $19,476 | $3,375 | $16,101 |
| 2016 | $3,423 | $19,476 | $3,375 | $16,101 |
| 2015 | $3,111 | $19,476 | $3,375 | $16,101 |
| 2014 | $2,830 | $17,703 | $3,187 | $14,516 |
| 2013 | $2,764 | $17,703 | $3,187 | $14,516 |
Source: Public Records
Map
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