7550 S Merrill Ave Chicago, IL 60649
South Shore NeighborhoodEstimated Value: $182,000 - $269,000
3
Beds
1
Bath
1,208
Sq Ft
$182/Sq Ft
Est. Value
About This Home
This home is located at 7550 S Merrill Ave, Chicago, IL 60649 and is currently estimated at $219,283, approximately $181 per square foot. 7550 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 St Paul Lutheran School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2002
Sold by
Merchant Marguerite
Bought by
Orok Orok O O
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
$106,000
Outstanding Balance
$44,441
Interest Rate
6.29%
Estimated Equity
$174,842
Purchase Details
Closed on
Nov 24, 1997
Sold by
The Chicago Trust Company
Bought by
Hawkins Mary L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
7.45%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 11, 1997
Sold by
Hill Minnie L
Bought by
The Chicago Trust Company and Trust #1104391
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orok Orok O O | $132,500 | -- | |
| Hawkins Mary L | $75,000 | Intercounty Title | |
| The Chicago Trust Company | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orok Orok O O | $106,000 | |
| Closed | Hawkins Mary L | $75,600 | |
| Closed | Orok Orok O O | $27,000 |
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 | $3,176 | $13,500 | $3,750 | $9,750 |
| 2023 | $3,085 | $15,000 | $6,250 | $8,750 |
| 2022 | $3,085 | $15,000 | $6,250 | $8,750 |
| 2021 | $3,016 | $15,000 | $6,250 | $8,750 |
| 2020 | $2,957 | $13,275 | $4,500 | $8,775 |
| 2019 | $2,964 | $14,751 | $4,500 | $10,251 |
| 2018 | $2,914 | $14,751 | $4,500 | $10,251 |
| 2017 | $3,081 | $14,312 | $4,000 | $10,312 |
| 2016 | $2,867 | $14,312 | $4,000 | $10,312 |
| 2015 | $2,623 | $14,312 | $4,000 | $10,312 |
| 2014 | $2,397 | $12,920 | $3,500 | $9,420 |
| 2013 | $2,350 | $12,920 | $3,500 | $9,420 |
Source: Public Records
Map
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