720 N 8th Ave Addison, IL 60101
Estimated Value: $549,000 - $593,234
6
Beds
3
Baths
4,079
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Second Kitchen
- 0.34 Acre Lot
- Wood Flooring
- Above Ground Pool
- Recreation Room
- Whirlpool Bathtub
About This Home
As of May 2022Prepare to be amazed by this beautiful, all brick ranch home! House sits on a double 1/4 acre lot. Spacious home can be used for in-law or multi generation family, with total living space of 4000 sq ft. Main floor has 4 bedrooms, 2 full bathrooms, 24x24 ft family room with fireplace, hardwood floors. Ceramic floors in kitchen, bathrooms and dinning room. Plenty of oak cabinets, granite counters and large pantry. ( The sheers in living room do not stay with the house). Full finished lower level offers family room, kitchen with an island,bar, dinning area, 2 bedrooms or craft rooms, game room,full bathroom, huge laundry room, plenty of storage space throughout. The furnace and A/C was replaced 2017, the hot water heater in 2020, gutters 2019, the roof 2008. There is a 16x24 ft above ground pool with deck and heater, beautiful paved patio, swing set, huge yard. This unique home is perfectly located close to schools, shops, restaurants and highways. Must see!
Last Agent to Sell the Property
Mathisen Realty, Inc. License #475132990 Listed on: 03/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,300
Year Built
- Built in 1970
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x150
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Walk-Out Ranch
- Brick Exterior Construction
Interior Spaces
- 4,079 Sq Ft Home
- 1-Story Property
- Bar
- Dry Bar
- Ceiling Fan
- Skylights
- Fireplace With Gas Starter
- Family Room with Fireplace
- Family Room Downstairs
- Living Room
- Dining Room
- Recreation Room
- Wood Flooring
- Pull Down Stairs to Attic
- Storm Screens
Kitchen
- Second Kitchen
- Double Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Sink Near Laundry
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Above Ground Pool
- Patio
Schools
- Wesley Elementary School
- Indian Trail Junior High School
- Addison Trail High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2022
Closed on
Apr 28, 2022
Sold by
Panno John M and Panno Joanne R
Bought by
Vera Javier and Vera Charlyn
Seller's Agent
Lilly Katavic
Mathisen Realty, Inc.
Buyer's Agent
Maria Ortiz
Kale Realty
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,309
Avg. Annual Appreciation
7.06%
Original Mortgage
$427,500
Outstanding Balance
$409,780
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$144,625
Similar Homes in Addison, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vera Javier | $450,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vera Javier | $427,500 | |
| Previous Owner | Panno John M | $75,000 | |
| Previous Owner | Panno John M | $75,000 | |
| Previous Owner | Panno John M | $82,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2022 05/09/22 | Sold | $450,000 | -3.2% | $110 / Sq Ft |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- |
| 03/21/2022 03/21/22 | Price Changed | $465,000 | -4.1% | $114 / Sq Ft |
| 03/10/2022 03/10/22 | For Sale | $485,000 | -- | $119 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $10,076 | $144,880 | $62,030 | $82,850 |
| 2022 | $9,965 | $141,310 | $60,510 | $80,800 |
| 2021 | $9,554 | $135,350 | $57,960 | $77,390 |
| 2020 | $9,300 | $129,650 | $55,520 | $74,130 |
| 2019 | $9,240 | $124,660 | $53,380 | $71,280 |
| 2018 | $9,434 | $122,210 | $52,340 | $69,870 |
| 2017 | $9,197 | $116,800 | $50,020 | $66,780 |
| 2016 | $8,963 | $107,840 | $46,180 | $61,660 |
| 2015 | $8,752 | $99,620 | $42,660 | $56,960 |
| 2014 | $8,806 | $99,590 | $44,000 | $55,590 |
| 2013 | $8,623 | $101,620 | $44,900 | $56,720 |
Source: Public Records
Agents Affiliated with this Home
-
Lilly Katavic
L
Seller's Agent in 2022
Lilly Katavic
Mathisen Realty, Inc.
(630) 616-9600
8 in this area
17 Total Sales
-
Maria Ortiz
Buyer's Agent in 2022
Maria Ortiz
Kale Realty
(708) 244-8163
2 in this area
60 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11344455
APN: 03-20-302-017
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