NOT LISTED FOR SALE

7408 N Octavia Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $504,000 - $895,000

3 Beds
2 Baths
1,272 Sq Ft
$515/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2015

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

Est. 115% increase in value since last sale

Current estimated payment $4,270 / mo

35 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • East or West Exposure
  • 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

Year Built

  • 1960

Lot Details

  • 3,485

Parking

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

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Breakfast Bar
  • East or West Exposure

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1960

Lot Details

3,485 Sq Ft Lot

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

  • Junior High Dist: 299

Lot Info

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

Tax Info

  • Taxes: 3,888

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 21, 2015
Sold by
Bought by
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
$655,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,396
Avg. Annual Appreciation
7.40%
Original Mortgage
$244,000
Outstanding Balance
$191,183
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$464,213

Purchase Details

Closed on
Dec 4, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2006
Sold by
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$305,000 None Available
-- None Available
-- None Available
$439,000 Pntn
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $244,000
Previous Owner $351,200
Previous Owner $229,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,006 $50,000 $9,375 $40,625
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

    105 Total Sales

    Randy Famacion
    Section Image
  • Robert Fitzpatrick

    Buyer's Agent in 2015

    Robert Fitzpatrick

    Berkshire Hathaway HomeServices Chicago

    (312) 543-6568

    189 Total Sales

    Robert Fitzpatrick
    Section Image
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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

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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