Seller's Agent in 2021
Gino Grisi
Compass
(847) 341-1353
4 in this area
53 Total Sales
7220 W Olive Ave Chicago, IL 60631
Norwood Park NeighborhoodEstimated Value: $545,000 - $563,000
3
Beds
2
Baths
2,076
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Attached Garage
- 4-minute walk to Harlem Station (Blue Line - O'hare Branch)
- Combination Dining and Living Room
- Taft High School Rated A-
- 1-Story Property
- Senior Tax Exemptions
About This Home
As of December 2021Stunning 3 Bed 2 Bath oversized RANCH located in highly sought after Chicago Norwood Park neighborhood. Recent upgrades include updated kitchen(2021) featuring brand new built-in dishwasher, microwave, soft close cabinets and drawer and quartz counter tops. Additional updates include new plumbing and light fixtures, new high efficiency furnace, wood laminate floor(2021) and new carpet in bedrooms and downstairs family room(2021). Additional features include large oversized master bedroom with private master bath, large kitchen pantry and laundry set up for 1st floor. Located 1 block from the CTA blue line, 7 blocks from the Metra and easy access to I-90 and the tollway. Plus great shopping, restaurants and bars located in nearby downtown Park Ridge and Norwood Park.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,006
Year Built | Renovated
- 1978 | 2021
Lot Details
- 5,227
Parking
- Attached Garage
- Driveway
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,076 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Partially Finished Basement
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 7, 2022
Sold by
Labuda Jennafir Raelyn and Labuda Adam
Bought by
Labuda Erik Adam Richard
Current Estimated Value
Purchase Details
Listed on
Oct 13, 2021
Closed on
Dec 6, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Labuda Erik and Labuda Jennafir Raelyn
Seller's Agent
Gino Grisi
Compass
Buyer's Agent
Jeff Mappa
Coldwell Banker Realty
List Price
$449,900
Sold Price
$439,500
Premium/Discount to List
-$10,400
-2.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$408,735
Interest Rate
3.25%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Labuda Erik Adam Richard | -- | None Listed On Document | |
| Labuda Erik | $439,500 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Labuda Erik | $408,735 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $439,500 | -2.3% | $212 / Sq Ft |
| 10/13/2021 10/13/21 | For Sale | $449,900 | -- | $217 / 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 | $9,006 | $46,000 | $12,500 | $33,500 |
| 2023 | $9,461 | $46,000 | $10,000 | $36,000 |
| 2022 | $9,461 | $46,000 | $10,000 | $36,000 |
| 2021 | $1,500 | $46,000 | $10,000 | $36,000 |
| 2020 | $1,548 | $37,500 | $6,250 | $31,250 |
| 2019 | $1,543 | $41,209 | $6,250 | $34,959 |
| 2018 | $1,520 | $41,209 | $6,250 | $34,959 |
| 2017 | $1,627 | $32,317 | $5,500 | $26,817 |
| 2016 | $2,029 | $32,317 | $5,500 | $26,817 |
| 2015 | $1,950 | $34,018 | $5,500 | $28,518 |
| 2014 | $1,933 | $31,842 | $5,000 | $26,842 |
| 2013 | $1,940 | $31,842 | $5,000 | $26,842 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
Jeff Mappa
Coldwell Banker Realty
(815) 245-0253
1 in this area
25 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11238848
APN: 12-01-409-028-0000
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