NOT LISTED FOR SALE

7408 N Octavia Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $495,000 - $706,000

3 Beds
2 Baths
1,272 Sq Ft
$480/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $305,000 $240 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,980/month

35 Days on Market

Highlights

  • Walk-In Pantry
  • Detached Garage
  • Central Air
  • Taft High School Rated A-
  • Breakfast Bar
  • Senior Tax Exemptions

About This Home

As of October 2015

LOCATION! LOCATION! LOCATION! Immaculate Brick Split Level in much sought-after Edison Park location! Neat and clean 3 bedrooms and 2 full baths. Gleaming Hardwood Floors. Formal dining. Full-finished basement. Lots of closets and storage space. 2-car brick garage. Not a drive-by! Must see! Hurry before it's gone! This one won't last!

Last Agent to Sell the Property

Randy Famacion

Homeland Realty, Inc. License #475151206 Listed on: 08/06/2015

Last Buyer's Agent

Robert Fitzpatrick

Berkshire Hathaway HomeServices Chicago License #475125647

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,006

Year Built

  • 1960

Lot Details

  • East or West Exposure

Parking

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

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,006

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bi-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1960
  • Tax Exemptions: Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X09, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: E (East)
  • Acreage: 0.0861

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30 X 125
  • Parcel Identification Number: 09254140360000

Tax Info

  • Taxes: 3,888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 21, 2015
Sold by
Natanauan Remedios D and Natanauan Adoracion D
Bought by
Quigley Michael and Quigley Jessica L
Seller's Agent
Randy Famacion
Homeland Realty, Inc.
Buyer's Agent
Robert Fitzpatrick
Berkshire Hathaway HomeServices Chicago
List Price
$329,900
Sold Price
$305,000
Premium/Discount to List
-$24,900
-7.55%
Current Estimated Value
$610,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,737
Avg. Annual Appreciation
7.18%
Original Mortgage
$244,000
Outstanding Balance
$192,755
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$417,982

Purchase Details

Closed on
Dec 4, 2009
Sold by
Natanauan Remedios D
Bought by
Natanauan Remedios D and Natanauan Adoracion D

Purchase Details

Closed on
Oct 4, 2006
Sold by
Natanauan Gloria D
Bought by
Natanauan Gloria D and Natanauan Remedios D

Purchase Details

Closed on
Jul 18, 2006
Sold by
Hawkins Susan G
Bought by
Natanauan Gloria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Rodgers Ronald R and Rodgers Elaine A
Bought by
Hawkins Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
7.13%
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.

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
Quigley Michael $305,000 None Available
Natanauan Remedios D -- None Available
Natanauan Gloria D -- None Available
Natanauan Gloria D $439,000 Pntn
Hawkins Susan G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quigley Michael $244,000
Previous Owner Natanauan Gloria D $351,200
Previous Owner Hawkins Susan G $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $305,000 -7.5% $240 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $329,900 -- $259 / 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 $9,006 $50,000 $9,375 $40,625
2023 $8,758 $46,000 $7,500 $38,500
2022 $8,758 $46,000 $7,500 $38,500
2021 $8,580 $46,000 $7,500 $38,500
2020 $5,852 $29,372 $5,062 $24,310
2019 $5,796 $32,277 $5,062 $27,215
2018 $5,697 $32,277 $5,062 $27,215
2017 $5,043 $26,800 $4,500 $22,300
2016 $4,868 $26,800 $4,500 $22,300
2015 $4,430 $26,800 $4,500 $22,300
2014 $3,988 $24,060 $3,750 $20,310
2013 $3,898 $24,060 $3,750 $20,310
Source: Public Records

Agents Affiliated with this Home

  • Randy Famacion

    Seller's Agent in 2015

    Randy Famacion

    Homeland Realty, Inc.

    (847) 682-3601

    127 Total Sales

    Randy Famacion
    Section Image
  • Robert Fitzpatrick

    Buyer's Agent in 2015

    Robert Fitzpatrick

    Berkshire Hathaway HomeServices Chicago

    (312) 543-6568

    207 Total Sales

    Robert Fitzpatrick
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09004612

Midwest Real Estate Data (MRED)

APN: 09-25-414-036-0000

Illinois Cook County Chicago 60631 Edison Park

7408 N Octavia Ave, Chicago, IL

This home is located at 7408 N Octavia Ave, Chicago, IL 60631 since 06 August 2015 and is currently estimated at $610,737, approximately $480 per square foot. This property was built in 1960. 7408 N Octavia Ave is a home located in Cook County with nearby schools including Ebinger Elementary School, Taft High School, and St. Juliana 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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes