NOT LISTED FOR SALE

7242 S Octavia Ave Bridgeview, IL 60455

Estimated Value: $194,000 - $240,000

2 Beds
1 Bath
600 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $92,000 $153 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,610/month

86 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • Senior Tax Exemptions
  • Argo Community High School Rated A-

About This Home

As of October 2019

Estate sale. Home being sold "AS IS"! No FHA, Cash or conventional only. Great opportunity for rehabbers, investors or builders! This home on a corner lot has tons of potential. Just under a double lot(11,900 Sq ft)0.27 acres. Near hwy, shopping, and restaurants. Drive by or schedule an appointment to see all the possibilities.

Last Agent to Sell the Property

Karry Razik

RE/MAX 1st Service License #475155005 Listed on: 07/08/2019

RE/MAX 1st Service

Last Buyer's Agent

Joshua Vargas

Realty of Chicago

Realty of Chicago

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 0.27

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Vinyl Siding

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $2,760 Seller Concession

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1948
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 16X10, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 13X12, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X9, On Level: Main Level
  • Bedroom 2: Dimensions: 9X8, On Level: Main Level
  • Estimated Sq Ft: 600

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.2732

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 600

Schools

  • Junior High Dist: 109

Lot Info

  • Lot Dimensions: 11900
  • Parcel Identification Number: 18252090200000

Tax Info

  • Taxes: 4428.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Oct 31, 2019
Sold by
Nichols Mary Anne and Nichols Bruce Stella
Bought by
Lozano Abigael
Seller's Agent
Karry Razik
RE/MAX 1st Service
Buyer's Agent
Joshua Vargas
Realty of Chicago
List Price
$120,000
Sold Price
$92,000
Premium/Discount to List
-$28,000
-23.33%
Current Estimated Value
$219,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,914
Avg. Annual Appreciation
15.09%
Original Mortgage
$87,400
Outstanding Balance
$56,899
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$163,015

Purchase Details

Closed on
Jun 2, 2014
Sold by
Grider Charles J
Bought by
Nichols Mary Anne and Grider Charles J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lozano Abigael $92,000 Chicago Title
Nichols Mary Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozano Abigael $87,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $92,000 +1.2% $153 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $90,900 -17.3% $152 / Sq Ft
07/25/2019 07/25/19 Price Changed $109,900 -8.4% $183 / Sq Ft
07/18/2019 07/18/19 For Sale $120,000 0.0% $200 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $120,000 -- $200 / 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
2025 $5,521 $16,000 $5,355 $10,645
2024 $5,521 $16,000 $5,355 $10,645
2023 $5,575 $16,000 $5,355 $10,645
2022 $5,575 $13,947 $4,760 $9,187
2021 $5,378 $13,947 $4,760 $9,187
2020 $5,207 $13,947 $4,760 $9,187
2019 $4,729 $11,475 $4,462 $7,013
2018 $2,084 $11,475 $4,462 $7,013
2017 $4,429 $11,475 $4,462 $7,013
2016 $2,559 $10,831 $3,867 $6,964
2015 $2,457 $10,831 $3,867 $6,964
2014 $2,410 $10,831 $3,867 $6,964
2013 $3,134 $13,699 $3,867 $9,832
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10442185

Midwest Real Estate Data (MRED)

APN: 18-25-209-020-0000