NOT LISTED FOR SALE

720 N 8th Ave Addison, IL 60101

Estimated Value: $533,000 - $575,000

6 Beds
3 Baths
4,079 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $450,000 $110 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,771/month

18 Days on Market

Highlights

  • Second Kitchen
  • 0.34 Acre Lot
  • Wood Flooring
  • Above Ground Pool
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of May 2022

Prepare 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

Lilly Katavic

Mathisen Realty, Inc. License #475132990 Listed on: 03/10/2022

Last Buyer's Agent

Maria Ortiz

Kale Realty License #475141624

Kale Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,300

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Walk-Out Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full, English
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Dry
  • LivingArea: 4079
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Bedroom 6, Recreation Room, Kitchen, Pantry, Family Room
  • Estimated Total Finished Sq Ft: 4079
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 4079
  • Attic: Pull Down Stair
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Patio, Above Ground Pool, Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 8
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Type: Eating Area-Table Space,Pantry-Closet,Pantry-Walk-in,Granite Counters,Pantry

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wesley Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3413
  • Lot Dimensions: 100X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9299.72
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

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%
Current Estimated Value
$552,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,921
Avg. Annual Appreciation
5.74%
Original Mortgage
$427,500
Outstanding Balance
$407,009
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$145,912
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vera Javier $450,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vera Javier $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $10,544 $157,600 $67,476 $90,124
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11344455

Midwest Real Estate Data (MRED)

APN: 03-20-302-017