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8825 Merrimac Avenue

8825 Merrimac Avenue, Oak Lawn, IL 60453
House in Oak Lawn
Sold Sep 15, 2017
$165,000
$160,127 by American Financial Network Inc
Mortgage Due Sep 01, 2049
8825 Merrimac Avenue has been categorized by the local assessors in Oak Lawn, IL as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8825 Merrimac Avenue has 1,415 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Aug 28, 2017 for $165,000. That's $116.61 per sqft. 8825 Merrimac Avenue was last assessed in 2022. The total value of the property was assessed at $15,655. Specifically, the land the property is located on was valued at $5,063. While improvements on the property were assessed at a total of $10,592. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,296. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • 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: 10,125
  • Total Building Area: 1,415
  • Gross Building Area: 1,415
  • Building Area: 1,415
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,415
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARTIN & ROBERTS 87TH ST ACRES FIFTH
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MARTIN) & (ROBERTS) (87TH) ST ACRES (FIFTH) ADD RESU B LTS 1-14 INCL MARTIN & ROBERTS 87TH ST ACS FOURTH ADD SUB PT EH OF EH

Ownership

  • Current Owner : REID ELIZABETH
  • Current Owner 2: OCON RUBEN
  • Previous Owner : MATHIAS KEVIN
  • Previous Owner 2: MATHIAS AMANDA
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Oak Lawn Community High School District 229
  • Census Tract: 822301

Geography

  • District: 39
  • Parcel: 24-05-108-010-0000
  • Lot: 1-14
  • Meridian: SEC 05 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7314
  • Longitude: -87.7764

    Address

  • Full Address: 8825 Merrimac Ave
  • Address - House Number: 8825
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C034
  • 4-Digit Zip Code: 1119
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,296
  • Tax Rate Code Area: 39023

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 257,453
  • High Value: 314,945
  • Low Value: 199,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,127
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Oct 04, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $160,127
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $156,550
  • Market Land Value: $50,630
  • Market Improvement Value: $105,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,655
  • Assessed Land Value: $5,063
  • Assessed Improvements Value: $10,592

    Sales

  • Current Sale Contract Date: Aug 28, 2017
  • Current Sale Recording Date: Sep 15, 2017
  • Current Sale Transaction ID: 1733693058
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1725815026

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 15, 2017
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

About Oak Lawn



Similar Buildings

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Nearby Rentals

Unit for rent at 9737 S 53rd Avenue, Oak Lawn, IL, 60453

$2,200 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,080 ft²
9737 S 53rd Avenue, Oak Lawn, IL, 60453 Listing by Angelo Angelos

Frequently Asked Questions

What neighborhood is 8825 Merrimac Avenue located in?
The 8825 Merrimac Avenue is a house located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 8825 Merrimac Avenue?
The average sales price for units in 8825 Merrimac Avenue is $0 currently.

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