NOT LISTED FOR SALE

7940 Merrimac Ave Burbank, IL 60459

Estimated Value: $282,000 - $292,000

4 Beds
1 Bath
1,373 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 7940 Merrimac Ave, Burbank, IL 60459 and is currently estimated at $285,353, approximately $207 per square foot. 7940 Merrimac Ave is a home located in Cook County with nearby schools including Edward J Tobin Elementary School, Reavis High School, and St Albert the Great Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2010
Sold by
Tcf National Bank
Bought by
Ramirez Raul
Current Estimated Value
$285,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,410
Interest Rate
4.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 2009
Sold by
Noriega Isela
Bought by
Tcf National Bank

Purchase Details

Closed on
Jun 25, 2007
Sold by
Martinez Jose and Calderon Efrain
Bought by
Noriega Isela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,225
Interest Rate
6.76%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Ramirez Raul $135,000 Stewart Title Company
Tcf National Bank -- None Available
Noriega Isela -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solorza Raul Ramirez $110,000
Closed Ramirez Raul $121,410
Previous Owner Noriega Isela $213,225
Previous Owner Martinez Jose $173,658
Previous Owner Martinez Jose Luis $155,000
Previous Owner Martinez Jose L $90,000
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 $5,532 $20,000 $6,626 $13,374
2023 $5,532 $20,000 $6,626 $13,374
2022 $5,532 $17,767 $5,831 $11,936
2021 $5,327 $17,766 $5,831 $11,935
2020 $5,220 $17,766 $5,831 $11,935
2019 $4,552 $16,135 $5,301 $10,834
2018 $4,421 $16,135 $5,301 $10,834
2017 $4,294 $16,135 $5,301 $10,834
2016 $3,846 $13,414 $4,505 $8,909
2015 $3,660 $13,414 $4,505 $8,909
2014 $4,414 $13,414 $4,505 $8,909
2013 $4,736 $15,754 $4,505 $11,249
Source: Public Records

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