NOT LISTED FOR SALE

7248 W Olive Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $500,885 - $564,000

3 Beds
3 Baths
1,509 Sq Ft
$351/Sq Ft Est. Value

About This Home

This home is located at 7248 W Olive Ave, Chicago, IL 60631 and is currently estimated at $529,721, approximately $351 per square foot. 7248 W Olive Ave is a home located in Cook County with nearby schools including Edison Park Elementary School, Taft High School, and Immaculate Conception School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Fligelman Lester W and Fligelman Iris Y
Bought by
Chicago Title Land Trust Company
Current Estimated Value
$529,721

Purchase Details

Closed on
Oct 29, 2008
Sold by
Zimmerman Sarah and Ragona Rosalie
Bought by
Fligelman Lester W and Fligelman Iris Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2008
Sold by
Chicago Title Land Trust Company
Bought by
Fligelman Lester W and Fligelman Iris Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2001
Sold by
Maranto Joanne
Bought by
Maranto Joseph and Joseph Maranto Trust

Purchase Details

Closed on
Jul 31, 1993
Sold by
Maranto Joseph and Maranto Joanne
Bought by
Maranto Joanne
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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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
Chicago Title Land Trust Company -- None Listed On Document
Fligelman Lester W $385,000 First American Title
Fligelman Lester W $385,000 Chicago Title Land Trust Co
Maranto Joseph -- --
Maranto Joanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fligelman Lester W $275,000
Previous Owner Fligelman Lester $32,000
Previous Owner Fligelman Lester W $333,000
Previous Owner Fligelman Lester W $356,000
Previous Owner Fligelman Iris Y $370,878
Previous Owner Fligelman Iris Y $370,777
Previous Owner Fligelman Lester W $365,750
Source: Public Records

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
2024 $6,992 $48,000 $12,500 $35,500
2023 $7,334 $36,453 $10,000 $26,453
2022 $7,334 $39,078 $10,000 $29,078
2021 $7,189 $39,078 $10,000 $29,078
2020 $7,437 $36,488 $6,250 $30,238
2019 $7,367 $40,097 $6,250 $33,847
2018 $7,607 $41,945 $6,250 $35,695
2017 $5,200 $27,531 $5,500 $22,031
2016 $5,392 $29,418 $5,500 $23,918
2015 $5,722 $33,849 $5,500 $28,349
2014 $4,923 $29,100 $5,000 $24,100
2013 $4,814 $29,100 $5,000 $24,100
Source: Public Records

Map

Illinois Cook County Chicago 60631 Norwood Park

7248 W Olive Ave, Chicago, IL

This home is located at 7248 W Olive Ave, Chicago, IL 60631 and is currently estimated at $529,721, approximately $351 per square foot. 7248 W Olive Ave is a home located in Cook County with nearby schools including Edison Park Elementary School, Taft High School, and Immaculate Conception School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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