NOT LISTED FOR SALE

7051 N Oleander Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $597,000 - $665,000

4 Beds
2 Baths
1,948 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $500,000 $257 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,011/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Walk-In Pantry
  • William Howard Taft High School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of April 2021

LOCATED IN THE HEART OF EDISON, THIS STATLEY 4 BEDROOM 1.5 BATH COLONIAL HOME SITS ON A FABULOS 50X147 FOOT LOT WITH A ONE CAR ATTACHED GARAGE AND DRIVEWAY IN THE FRONT AND ALLEY ACCESS FOR AN ADDITIOANL 2 CAR GARAGE CAN BE BUILT. THIS HOME HAS A LARGE LIVING ROOM WITH A WOOD BURNING FIREPLACE COVED CEILINGS AND BEAUTIFUL HARDWOOD FLOOR IN LIVING ROOM AND DINING ROOM. THERE IS AN EATIN KITCHEN AND A FIRST FLOOR FAMILY ROOM WITH A BEAUTIFUL TILE FLOOR AND REDWOOD PANELING. THE THRU HALLWAY FOYER LEADS TO A BEAUTIFUL STAIR CASE THAT TAKES YOU TO 4 BEDROOMS AND ONE FULL BATH. THERE IS ONE BEDROOM THAT IS TANDUM THAT WOULD MAKE A FANTASTIC MASTER SUITE. BASEMEMT HAS A KNOTTY PINR REC ROOM AND A HUGH UTILITY ROOM WITH TONS OF STORAGE. WALKING DISTANCE TO DOWNTOWN EDISON PARK, SHOPS,RESTAURANTS AND ALL ENTERTAINMENT. THIS IS AN ESTATE SALE AND THE PROPERTY IS BEING SOLD IN AS IS CONDITION.

Last Agent to Sell the Property

Michael Lohens

RE/MAX Properties Northwest License #475139093 Listed on: 02/19/2021

RE/MAX Properties Northwest

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,217

Year Built

  • 1939

Lot Details

  • 6,970

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,217

Year Built

1939

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1939
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 26X12, On Level: Basement
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Recreation Room, Foyer
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 18X12, On Level: Basement
  • Additional Room 2 Name: Foyer, Dimensions: 12X4, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X9, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1948
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: W (West)
  • Acreage: 0.1687

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50X147
  • Parcel Identification Number: 09362090020000

Tax Info

  • Taxes: 1663.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 23, 2021
Sold by
Kruty Paul S and Will Of Margaret M Kruty
Bought by
Lynch Elizabeth
Seller's Agent
Michael Lohens
RE/MAX Properties Northwest
Buyer's Agent
Non Member
NON MEMBER
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Current Estimated Value
$619,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,611
Avg. Annual Appreciation
4.88%
Original Mortgage
$300,000
Outstanding Balance
$270,295
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$349,316
Source: Public Records

Range of Values:

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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
Lynch Elizabeth $500,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Elizabeth $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $500,000 +3.1% $257 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $485,000 -- $249 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,217 $50,000 $18,375 $31,625
2023 $9,667 $47,000 $14,700 $32,300
2022 $9,667 $47,000 $14,700 $32,300
2021 $1,617 $47,000 $14,700 $32,300
2020 $10,947 $49,139 $9,922 $39,217
2019 $1,664 $54,599 $9,922 $44,677
2018 $1,638 $54,599 $9,922 $44,677
2017 $1,754 $38,102 $8,820 $29,282
2016 $2,154 $38,102 $8,820 $29,282
2015 $2,070 $38,102 $8,820 $29,282
2014 $2,052 $38,073 $7,350 $30,723
2013 $2,059 $38,073 $7,350 $30,723
Source: Public Records

Agents Affiliated with this Home

  • Michael Lohens

    Seller's Agent in 2021

    Michael Lohens

    RE/MAX

    (847) 921-5522

    3 in this area

    134 Total Sales

    Michael Lohens
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10999040

Midwest Real Estate Data (MRED)

APN: 09-36-209-002-0000

Illinois Cook County Chicago 60631 Edison Park

7051 N Oleander Ave, Chicago, IL

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