NOT LISTED FOR SALE

7557 S Merrill Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $190,000 - $234,470

4 Beds
2 Baths
1,550 Sq Ft
$138/Sq Ft Est. Value

About This Home

This home is located at 7557 S Merrill Ave, Chicago, IL 60649 and is currently estimated at $213,368, approximately $137 per square foot. 7557 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
May 4, 2020
Sold by
Reed Larry and Reed Audrey
Bought by
Reed Larry and Reed Audrey
Current Estimated Value
$213,368

Purchase Details

Closed on
Jan 4, 2002
Sold by
Cole Taylor Bank
Bought by
Reed Larry and Reed Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,945
Outstanding Balance
$54,347
Interest Rate
7.26%
Mortgage Type
FHA
Estimated Equity
$159,021

Purchase Details

Closed on
Nov 6, 2001
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Cole Taylor Bank and Trust #4852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,945
Outstanding Balance
$54,347
Interest Rate
7.26%
Mortgage Type
FHA
Estimated Equity
$159,021

Purchase Details

Closed on
Jun 25, 2001
Sold by
Kimble Eddie and Kimble Lisa
Bought by
Wells Fargo Bank Minnesota Na and Salomon Brothers Mtg Securities Vii Inc

Purchase Details

Closed on
Oct 15, 1996
Sold by
Michel Ruth Porter and Porter James
Bought by
Kimble Eddie and Kimble Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
8.23%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Reed Larry -- Vylla Title Llc
Reed Larry $133,000 --
Cole Taylor Bank $63,000 Wheatland Title
Wells Fargo Bank Minnesota Na -- --
Kimble Eddie $88,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Larry $130,945
Previous Owner Kimble Eddie $71,200
Closed Kimble Eddie $8,900
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 $2,071 $12,900 $3,140 $9,760
2023 $2,234 $18,000 $5,234 $12,766
2022 $2,234 $18,000 $5,234 $12,766
2021 $2,414 $17,999 $5,233 $12,766
2020 $2,177 $15,355 $3,768 $11,587
2019 $2,188 $17,062 $3,768 $13,294
2018 $2,149 $17,062 $3,768 $13,294
2017 $2,124 $15,943 $3,349 $12,594
2016 $2,693 $15,943 $3,349 $12,594
2015 $2,441 $15,943 $3,349 $12,594
2014 $2,146 $14,137 $2,930 $11,207
2013 $2,093 $14,137 $2,930 $11,207
Source: Public Records

Map

Illinois Cook County Chicago 60649 South Shore

7557 S Merrill Ave, Chicago, IL

This home is located at 7557 S Merrill Ave, Chicago, IL 60649 and is currently estimated at $213,368, approximately $137 per square foot. 7557 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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