NOT LISTED FOR SALE

7320 W Rascher Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $320,000 - $368,000

2 Beds
1 Bath
968 Sq Ft
$357/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $172,000 $178 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,146/month

47 Days on Market

About This Home

As of January 2013

SPACIOUS TWO STORY HOME WITH A TON OF POTENTIAL / TWO LARGE BEDROOMS / HARDWOOD FLOORS THROUGHOUT / FULL FINISHED BASEMENT / BIG YARD WITH REAR PATIO / TWO CAR GARAGE / SOLD AS IS / PROOF OF FUNDING MUST ACCOMPANY ALL OFFERS / EARNEST MONEY MUST BE IN CERTIFIED FUNDS / PLEASE SUBMIT THE PURCHASE OFFER FORM LOCATED UNDER ADDITIONAL INFO WITH ALL OFFERS / PLEASE FAX ALL OFFERS TO THE OFFICE.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 10/10/2012

Last Buyer's Agent

Waldemar Smolinski

Coldwell Banker Realty License #475103961

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,070

Year Built

  • 1943

Lot Details

  • 3,964

Parking

  • 2

Home Design

  • Brick Exterior Construction
  • Frame Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$4,070

Year Built

1943

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 5
  • Basement: Full
  • Basement: Finished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 15X10
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X09
  • Living Room Level: Main Level
  • Living Room Size: 18X11
  • Dining Room Level: Main Level
  • Dining Room Size: 10X09
  • Kitchen Level: Main Level
  • Kitchen Size: 20X09

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3980 SQ FT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Nov 30, 2012
Sold by
Us Bank Na
Bought by
Hatim Said
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Waldemar Smolinski
Coldwell Banker Realty
List Price
$189,900
Sold Price
$172,000
Premium/Discount to List
-$17,900
-9.43%
Current Estimated Value
$345,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,175
Avg. Annual Appreciation
5.61%
Original Mortgage
$159,960
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2012
Sold by
Lawson Matthew and Lawson Matthew J
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 3, 2004
Sold by
Panico Michael A and Laurich Panico Michele A
Bought by
Lawson Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 1995
Sold by
Panico Michael A and Laurich Panico Michelle A
Bought by
Panico Michael A and Laurich Panico Michele A
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hatim Said $172,000 Fidelity National Title
Us Bank Na -- None Available
Lawson Matthew J $315,000 Heritage Title Company
Panico Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hatim Said $159,960
Previous Owner Lawson Matthew J $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2013 01/25/13 Sold $172,000 -1.7% $178 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
11/05/2012 11/05/12 Price Changed $174,900 -7.9% $181 / Sq Ft
10/10/2012 10/10/12 For Sale $189,900 -- $196 / 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
2024 $4,070 $31,701 $9,950 $21,751
2023 $4,233 $22,606 $7,960 $14,646
2022 $4,233 $24,000 $7,960 $16,040
2021 $4,156 $24,000 $7,960 $16,040
2020 $4,378 $22,757 $4,975 $17,782
2019 $4,658 $26,615 $4,975 $21,640
2018 $4,579 $26,615 $4,975 $21,640
2017 $4,382 $23,730 $4,378 $19,352
2016 $4,253 $23,730 $4,378 $19,352
2015 $4,097 $24,979 $4,378 $20,601
2014 $4,378 $23,598 $3,980 $19,618
2013 $4,292 $23,598 $3,980 $19,618
Source: Public Records

Agents Affiliated with this Home

  • Michael Olszewski

    Seller's Agent in 2013

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    3 in this area

    578 Total Sales

    Michael Olszewski
    Section Image

  • W

    Buyer's Agent in 2013

    Waldemar Smolinski

    Coldwell Banker Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08177444

Midwest Real Estate Data (MRED)

APN: 12-12-226-009-0000

Illinois Cook County Chicago 60656 Norwood Park

7320 W Rascher Ave, Chicago, IL

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