7220 N Olcott Ave Chicago, IL 60631
Edison Park NeighborhoodEstimated Value: $390,000 - $486,000
3
Beds
2
Baths
1,000
Sq Ft
$443/Sq Ft
Est. Value
Highlights
- Stainless Steel Appliances
- Detached Garage
- Breakfast Bar
- Taft High School Rated A-
- Galley Kitchen
- Central Air
About This Home
As of June 2020Mid-century modern ranch just steps away from Edison Park's restaurant row and downtown Park Ridge. This bright & sunny California ranch has undergone a beautiful renovation that is casual & elegant. Experience an effortless sense of luxury in the kitchen with clean & balanced lines, open shelving and breakfast bar that create the perfect gathering spot for friends & family. The dining space opens to the kitchen with walls of glass and sun-drenched unobstructed eastern exposure. Beautiful baths featuring the latest in designer lighting, fixtures & finishes. An array of amenities include fully finished basement with built-in bar, ultimate family room, laundry, storage and additional bedroom & bath. Walk to Ebinger School, parks, batting cages, movies and dining. Minutes to forest preserve trails. Plenty of parking in the cherry on top 4-car garage.
Last Agent to Sell the Property
Colette Netwig
Northwest Real Estate Group Listed on: 05/23/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,786
Year Built | Renovated
- 1954 | 2020
Lot Details
- 5,227
Parking
- Detached Garage
- Parking Available
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
Kitchen
- Galley Kitchen
- Breakfast Bar
- Oven or Range
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2020
Closed on
Jun 18, 2020
Sold by
Home Design Group Llc 7220 N Olcott Ave
Bought by
Tracey Kristin M
Seller's Agent
Colette Netwig
Northwest Real Estate Group
Buyer's Agent
Jay Crowley
@properties Christie?s International Real Estate
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Total Days on Market
2
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
$37,856
Avg. Annual Appreciation
0.86%
Original Mortgage
$364,500
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 25, 2019
Closed on
Aug 9, 2019
Sold by
Nally James P
Bought by
Home Design Group Llc
Seller's Agent
Ray Mandel
Compass
Buyer's Agent
Colette Netwig
Northwest Real Estate Group
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.71%
Original Mortgage
$212,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 22, 2016
Sold by
Nally James P
Bought by
Vincent Nally Revocable Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tracey Kristin M | $405,000 | Chicago Title | |
| Home Design Group Llc | $265,000 | Saturn Title Llc | |
| Vincent Nally Revocable Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tracey Kristin M | $364,500 | |
| Previous Owner | Home Design Group Llc | $270,000 | |
| Previous Owner | Home Design Group Llc | $212,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2020 06/23/20 | Sold | $405,000 | -2.4% | $405 / Sq Ft |
| 05/25/2020 05/25/20 | Pending | -- | -- | -- |
| 05/23/2020 05/23/20 | For Sale | $415,000 | +56.6% | $415 / Sq Ft |
| 08/19/2019 08/19/19 | Sold | $265,000 | -5.0% | $265 / Sq Ft |
| 07/11/2019 07/11/19 | Pending | -- | -- | -- |
| 06/25/2019 06/25/19 | For Sale | $279,000 | -- | $279 / 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 |
|---|---|---|---|---|
| 2024 | $6,786 | $33,000 | $13,300 | $19,700 |
| 2023 | $6,786 | $36,414 | $10,640 | $25,774 |
| 2022 | $6,786 | $36,414 | $10,640 | $25,774 |
| 2021 | $6,653 | $36,414 | $10,640 | $25,774 |
| 2020 | $6,178 | $27,732 | $7,182 | $20,550 |
| 2019 | $6,123 | $30,475 | $7,182 | $23,293 |
| 2018 | $6,020 | $30,475 | $7,182 | $23,293 |
| 2017 | $5,730 | $26,620 | $6,384 | $20,236 |
| 2016 | $5,332 | $26,620 | $6,384 | $20,236 |
| 2015 | $4,878 | $26,620 | $6,384 | $20,236 |
| 2014 | $3,687 | $24,276 | $5,320 | $18,956 |
| 2013 | $3,595 | $24,276 | $5,320 | $18,956 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2020
Colette Netwig
Northwest Real Estate Group
-
Jay Crowley
Buyer's Agent in 2020
Jay Crowley
@ Properties
(847) 309-2433
2 in this area
82 Total Sales
-
Ray Mandel
Seller's Agent in 2019
Ray Mandel
Compass
(312) 286-9966
65 in this area
209 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10723433
APN: 09-25-426-029-0000
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