5718 N Merrimac Ave Chicago, IL 60646
Norwood Park NeighborhoodEstimated Value: $407,000 - $503,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                1,205
                Sq Ft
            
            
                
                    $373/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5718 N Merrimac Ave, Chicago, IL 60646 and is currently estimated at $449,576, approximately $373 per square foot. 5718 N Merrimac Ave is a home located in Cook County with nearby schools including Hitch Elementary School, William Howard Taft High School, and Immaculate Conception School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 16, 2006
            
        
                Sold by
            
            
                Schmidts Horst and Schmidts Hildegard
            
        
                Bought by
            
            
                Wojtas Roman
            
        
                            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
            
            
                $332,000
            
        
                Outstanding Balance
            
            
                $194,690
            
        
                Interest Rate
            
            
                6.62%
            
        
                Mortgage Type
            
            
                Fannie Mae Freddie Mac
            
        
                Estimated Equity
            
            
                $254,886
            
        Purchase Details
                Closed on
            
            
                Jul 8, 1995
            
        
                Sold by
            
            
                Schmidts Horst and Schmidts Hildegard
            
        
                Bought by
            
            
                Schmidts Horst and Schmidts Hildegard
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Wojtas Roman | $415,000 | Atgf Inc | |
| Schmidts Horst | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Wojtas Roman | $332,000 | 
                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 | $5,926 | $36,000 | $11,532 | $24,468 | 
| 2023 | $5,756 | $31,404 | $9,304 | $22,100 | 
| 2022 | $5,756 | $31,404 | $9,304 | $22,100 | 
| 2021 | $5,645 | $31,403 | $9,303 | $22,100 | 
| 2020 | $5,620 | $28,329 | $5,952 | $22,377 | 
| 2019 | $5,635 | $31,477 | $5,952 | $25,525 | 
| 2018 | $5,539 | $31,477 | $5,952 | $25,525 | 
| 2017 | $4,887 | $26,079 | $5,208 | $20,871 | 
| 2016 | $5,035 | $27,636 | $5,208 | $22,428 | 
| 2015 | $4,850 | $29,091 | $5,208 | $23,883 | 
| 2014 | $4,344 | $25,979 | $4,464 | $21,515 | 
| 2013 | $4,247 | $25,979 | $4,464 | $21,515 | 
                Source: Public Records
                    
            
        Map
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