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2911 North Merrimac Avenue

2911 North Merrimac Avenue, Chicago, IL 60634
Sold Apr 12, 2021
$345,000
$305,000 by Associated Bank Na
Mortgage Due May 01, 2036
Sold Dec 18, 2017
$267,500
$262,654 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2048
2911 North Merrimac Avenue in Chicago, IL was first built in 1968 and is 56 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2911 North Merrimac Avenue has 1,200 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,720 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2911 North Merrimac Avenue sold most recently in Apr 8, 2021 for a total of $345,000. If you work out the math, that's approximately a cost of $287.50 per sqft. Before that, the property was also sold for $267,500 in Dec 7, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,264 in taxes each year. 2911 North Merrimac Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $9,300. Improvements to the property, however, were assessed at a total of $19,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATSONS 05 ACRES ADD
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SAUCEDO AARON MICHAEL
  • Current Owner 2: RANKIN GLORIA ANGELICA
  • Previous Owner : RIVERA PAUL J
  • Previous Owner 2: RIVERA ANA L
  • Owner Before Previous Owner: JADIN DENNIS W
  • Owner Before Previous Owner 2: JADIN JANICE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190401

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-29-116-040-0000
  • Lot: 15
  • Meridian: SEC 29 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9334
  • Longitude: -87.7818

    Address

  • Full Address: 2911 N Merrimac Ave
  • Address - House Number: 2911
  • Street Direction: N
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 5010
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,264
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 390,065
  • High Value: 479,975
  • Low Value: 300,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,000
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $305,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $93,000
  • Market Improvement Value: $197,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $9,300
  • Assessed Improvements Value: $19,700

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11830535261
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2110257043
  • Previous Sale Recording Date: Dec 18, 2017
  • Previous Sale Contract Date: Dec 07, 2017
  • Previous Sale Amount: $267,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED BANK NA
  • First Mortgage Transaction Date: Apr 12, 2021
  • First Mortgage Loan Amount: $305,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Dec 18, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $262,654
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2048

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Frequently Asked Questions

What neighborhood is 2911 North Merrimac Avenue located in?
The 2911 North Merrimac Avenue is a house located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2911 North Merrimac Avenue?
The average sales price for units in 2911 North Merrimac Avenue is $0 currently.

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