NOT LISTED FOR SALE

7241 S Merrill Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $253,000 - $382,000

4 Beds
3 Baths
2,745 Sq Ft
$112/Sq Ft Est. Value

About This Home

This home is located at 7241 S Merrill Ave, Chicago, IL 60649 and is currently estimated at $308,766, approximately $112 per square foot. 7241 S Merrill Ave is a home located in Cook County with nearby schools including Bouchet Elementary Math & Science Academy, St Philip Neri Elementary School, and Muhammad University.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2001
Sold by
Anb Financial Services Inc
Bought by
Eason Larry
Current Estimated Value
$308,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
7.12%

Purchase Details

Closed on
May 22, 2000
Sold by
Ashford Zebedee
Bought by
Anb Financial Services Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Eason Larry $75,000 --
Anb Financial Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eason Larry $252,500
Closed Eason Larry $54,000
Closed Eason Larry $195,000
Closed Eason Larry $168,000
Closed Eason Larry $117,500
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 $1,415 $21,700 $4,500 $17,200
2023 $1,353 $10,000 $6,250 $3,750
2022 $1,353 $10,000 $6,250 $3,750
2021 $1,341 $10,000 $6,250 $3,750
2020 $4,141 $21,692 $6,250 $15,442
2019 $4,100 $23,838 $6,250 $17,588
2018 $4,030 $23,838 $6,250 $17,588
2017 $4,133 $22,576 $5,500 $17,076
2016 $4,022 $22,576 $5,500 $17,076
2015 $3,656 $22,576 $5,500 $17,076
2014 $3,663 $22,310 $4,500 $17,810
2013 $3,579 $22,310 $4,500 $17,810
Source: Public Records

Map

Illinois Cook County Chicago 60649 South Shore

7241 S Merrill Ave, Chicago, IL

This home is located at 7241 S Merrill Ave, Chicago, IL 60649 and is currently estimated at $308,766, approximately $112 per square foot. 7241 S Merrill Ave is a home located in Cook County with nearby schools including Bouchet Elementary Math & Science Academy, St Philip Neri Elementary School, and Muhammad University.

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