7214 N Olcott Ave Chicago, IL 60631
Edison Park NeighborhoodEstimated Value: $458,000 - $519,000
2
Beds
1
Bath
942
Sq Ft
$517/Sq Ft
Est. Value
About This Home
This home is located at 7214 N Olcott Ave, Chicago, IL 60631 and is currently estimated at $487,471, approximately $517 per square foot. 7214 N Olcott Ave is a home located in Cook County with nearby schools including Ebinger Elementary School, William Howard Taft High School, and St. Juliana School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2023
Sold by
Cannon James E
Bought by
Archimedes Olcott Llc
Current Estimated Value
Purchase Details
Closed on
Apr 14, 2022
Sold by
Cannon James E
Bought by
Not Given
Purchase Details
Closed on
Jan 25, 2022
Sold by
Cannon Christopher and Cannon James
Bought by
Cannon James E and Cannon Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 10, 2022
Sold by
Cannon Christopher and Cannon James
Bought by
Cannon James E and Cannon Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 14, 2020
Sold by
Cannon Christopher and Cannon James
Bought by
Cannon Christopher and Cannon James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2017
Sold by
Cannon Christopher and Cannon Rosemarie
Bought by
Cannon Christopher and Christopher Cannon Trust
Purchase Details
Closed on
Mar 25, 2014
Sold by
Cannon James
Bought by
Cannon Christopher A and Cannon Rosemarie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,900
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 11, 2013
Sold by
Cannon James and Cannon Joyce
Bought by
Cannon James
Purchase Details
Closed on
Apr 22, 2005
Sold by
Smorczewski Jack J and Smorczewski Lisa M
Bought by
Cannon James and Cannon Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 16, 2002
Sold by
Mcdonagh Martin J
Bought by
Smorczewski Jack J and Hauptman Lisa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.5%
Purchase Details
Closed on
May 1, 1998
Sold by
Ide Rosemary
Bought by
Mcdonagh Martin J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Archimedes Olcott Llc | -- | None Listed On Document | |
| Not Given | -- | First American Title | |
| Cannon James E | -- | -- | |
| Cannon James E | -- | -- | |
| Cannon James E | -- | -- | |
| Cannon Christopher | -- | Fidelity National Title | |
| Cannon Christopher | -- | First American Title Insuran | |
| Cannon Christopher A | $350,000 | Greater Metropolitan Title L | |
| Cannon James | -- | Greater Metropolitan Title L | |
| Cannon James | $379,000 | Atgf Inc | |
| Smorczewski Jack J | -- | -- | |
| Mcdonagh Martin J | $82,000 | -- | |
| Mcdonagh Martin J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cannon James E | $332,000 | |
| Previous Owner | Cannon Christopher | $268,000 | |
| Previous Owner | Cannon Christopher A | $284,900 | |
| Previous Owner | Cannon James | $303,200 | |
| Previous Owner | Smorczewski Jack J | $187,500 | |
| Closed | Smorczewski Jack J | $25,000 | |
| Closed | Cannon James | $56,850 |
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 |
|---|---|---|---|---|
| 2025 | $7,391 | $32,000 | $16,499 | $15,501 |
| 2024 | $7,391 | $32,000 | $16,499 | $15,501 |
| 2023 | $7,167 | $41,000 | $13,300 | $27,700 |
| 2022 | $7,167 | $41,000 | $13,300 | $27,700 |
| 2021 | $8,245 | $41,000 | $13,300 | $27,700 |
| 2020 | $5,960 | $26,754 | $8,977 | $17,777 |
| 2019 | $4,667 | $29,400 | $8,977 | $20,423 |
| 2018 | $4,586 | $29,400 | $8,977 | $20,423 |
| 2017 | $4,662 | $27,734 | $7,980 | $19,754 |
| 2016 | $5,466 | $31,569 | $7,980 | $23,589 |
| 2015 | $5,785 | $31,569 | $7,980 | $23,589 |
| 2014 | $4,687 | $25,264 | $6,650 | $18,614 |
| 2013 | $4,595 | $25,264 | $6,650 | $18,614 |
Source: Public Records
Map
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