7239 N Olcott Ave Chicago, IL 60631
Edison Park Neighborhood
2
Beds
1.5
Baths
1,764
Sq Ft
5,271
Sq Ft Lot
Highlights
- Georgian Architecture
- 1 Car Detached Garage
- Central Air
- Taft High School Rated A-
About This Home
As of August 2024Edison Park brick Georgian is a nice starter home with the ability to add up to a 30ft addition making it an 'add value' property. Fantastic Deck and fenced yard. The home features 2 bedrooms, 1 bath, and refinished hardwood floors. The basement features a spacious recreation room, and the neighboring utility room has an extra abode. The front yard has an inground sprinkler system and Flood Control. There's a convenient side drive that leads to a one-car garage with an attached garden shed. The back features a spacious yard and a large deck for entertaining. Updated plumbing and electrical, Roof is approximately 5 years old, with 30/35-year architectural shingles on both the home and garage. If you wish to 'bump out' as many Georgian owners do, this 5,232 sqft area offers the opportunity to build out 30 feet per zoning. Fantastic location, within walking distance to St. Juliana and Stock. Sold 'As is'
Last Agent to Sell the Property
eXp Realty License #471012075 Listed on: 07/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,425
Year Built
- Built in 1953
Lot Details
- Lot Dimensions are 50x125
Parking
- 1 Car Detached Garage
Home Design
- Georgian Architecture
- Brick Exterior Construction
Interior Spaces
- 1,764 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Partially Finished Basement
- Partial Basement
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2024
Closed on
Aug 7, 2024
Sold by
Suarez Jose and Suarez Robyn
Bought by
Minneci Scott
Seller's Agent
Sohail Salahuddin
eXp Realty
Buyer's Agent
Sean Farley
Northwest Real Estate Group
List Price
$394,500
Sold Price
$391,000
Premium/Discount to List
-$3,500
-0.89%
Views
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
$35,512
Avg. Annual Appreciation
8.20%
Original Mortgage
$383,918
Outstanding Balance
$381,471
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$40,936
Purchase Details
Closed on
May 12, 2000
Sold by
Sanders Grace Hill
Bought by
Sanders Grace Hill and Ficks Carol Jean
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $391,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $383,918 | FHA | |
| Previous Owner | $176,250 | New Conventional | |
| Previous Owner | $232,000 | New Conventional | |
| Previous Owner | $245,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2024 08/08/24 | Sold | $391,000 | -0.9% | $222 / Sq Ft |
| 07/16/2024 07/16/24 | Pending | -- | -- | -- |
| 07/16/2024 07/16/24 | For Sale | $394,500 | -- | $224 / 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 | $6,413 | $36,000 | $13,125 | $22,875 |
| 2023 | $6,425 | $30,395 | $10,500 | $19,895 |
| 2022 | $6,425 | $31,239 | $10,500 | $20,739 |
| 2021 | $6,668 | $33,158 | $10,500 | $22,658 |
| 2020 | $6,332 | $28,424 | $7,087 | $21,337 |
| 2019 | $6,276 | $31,236 | $7,087 | $24,149 |
| 2018 | $6,631 | $33,569 | $7,087 | $26,482 |
| 2017 | $6,010 | $27,917 | $6,300 | $21,617 |
| 2016 | $5,591 | $27,917 | $6,300 | $21,617 |
| 2015 | $5,116 | $27,917 | $6,300 | $21,617 |
| 2014 | $4,678 | $25,214 | $5,250 | $19,964 |
| 2013 | $4,586 | $25,214 | $5,250 | $19,964 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2024
Sohail Salahuddin
eXp Realty
-
D
Seller Co-Listing Agent in 2024
Don Beard
eXp Realty
-
S
Buyer's Agent in 2024
Sean Farley
Northwest Real Estate Group
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12112629
APN: 09-25-427-041-0000
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