7616 S Merrill Ave Chicago, IL 60649
South Shore NeighborhoodEstimated Value: $157,000 - $330,756
3
Beds
2
Baths
1,350
Sq Ft
$178/Sq Ft
Est. Value
About This Home
This home is located at 7616 S Merrill Ave, Chicago, IL 60649 and is currently estimated at $240,439, approximately $178 per square foot. 7616 S Merrill Ave is a home located in Cook County with nearby schools including Bouchet Elementary Math & Science Academy, St Paul Lutheran School, and Muhammad University.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2021
Sold by
Astor Property Management Corproation
Bought by
Shannon Corey and Shannon Pamela
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
$295,771
Outstanding Balance
$271,581
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
-$31,142
Purchase Details
Closed on
Jun 13, 2008
Sold by
Lasalle Bank Na
Bought by
Merrill #7616 Land Trust and Astor Property Management Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 24, 2008
Sold by
Campbell
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Rm5
Purchase Details
Closed on
Aug 10, 2006
Sold by
Mitchell Cynthia A
Bought by
Campbell Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
9.33%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 1, 2002
Sold by
Allen Nellie M
Bought by
Mitchell Cynthia A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shannon Corey | $309,000 | Chicago Title | |
| Merrill #7616 Land Trust | $102,000 | Premier Title | |
| Lasalle Bank Na | -- | None Available | |
| Campbell Raymond | $210,000 | None Available | |
| Mitchell Cynthia A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shannon Corey | $295,771 | |
| Previous Owner | Merrill #7616 Land Trust | $155,000 | |
| Previous Owner | Campbell Raymond | $199,500 |
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 |
|---|---|---|---|---|
| 2025 | $2,752 | $13,900 | $3,137 | $10,763 |
| 2024 | $2,752 | $13,900 | $3,137 | $10,763 |
| 2023 | $2,674 | $13,000 | $5,229 | $7,771 |
| 2022 | $2,674 | $13,000 | $5,229 | $7,771 |
| 2021 | $2,614 | $12,999 | $5,228 | $7,771 |
| 2020 | $2,790 | $12,524 | $3,764 | $8,760 |
| 2019 | $2,796 | $13,916 | $3,764 | $10,152 |
| 2018 | $2,749 | $13,916 | $3,764 | $10,152 |
| 2017 | $2,784 | $12,931 | $3,346 | $9,585 |
| 2016 | $2,590 | $12,931 | $3,346 | $9,585 |
| 2015 | $1,919 | $12,931 | $3,346 | $9,585 |
| 2014 | $1,868 | $12,432 | $2,928 | $9,504 |
| 2013 | $2,261 | $12,432 | $2,928 | $9,504 |
Source: Public Records
Map
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