NOT LISTED FOR SALE

7517 N Octavia Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $412,000 - $505,000

3 Beds
2 Baths
1,070 Sq Ft
$434/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2015

Last sale price $260,000 $243 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,000 / mo

92 Days on Market

Highlights

  • Raised Ranch Architecture
  • Enclosed Patio or Porch
  • Laundry Room
  • 2 Car Detached Garage
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

LOCATION AND CONDITION COMBINED MAKE THIS A GREAT VALUE! SOLID ALL BRICK 3 BEDROOM, 2 BATH RANCH WITH ENCLOSED BACK PORCH AND 2 CAR GARAGE. NEWER UPDATES INCLUDE ROOF (2012), FULL BATH W/WHIRLPOOL (2013), FURNACE (2005), A/C (2005). HARDWOOD FLOORS IN LR, AND BDRMS. MOVE RIGHT IN AND MAKE THIS ONE YOUR OWN. ADORABLE AND AFFORDABLE!!! DON'T DELAY. Sellers Motivated!!!!!

Last Agent to Sell the Property

Char Wagenaar

Berkshire Hathaway HomeServices Chicago License #475123844 Listed on: 10/06/2014

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Israel Fuentes

RE/MAX 10 License #471009205

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1953

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,070 Sq Ft Home
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,983

Year Built

Built in 1953

Lot Details

3,751 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1070
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0861
  • Lot Dimensions: 30 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3983
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Mar 6, 2015
Sold by
Cardella John J and Cardella Melinda C
Bought by
Garcia Roberto A and Garcia Diana
Seller's Agent
Char Wagenaar
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Israel Fuentes
RE/MAX 10
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Current Estimated Value
$464,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,351
Avg. Annual Appreciation
5.32%
Original Mortgage
$289,602
Outstanding Balance
$225,457
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$238,894

Purchase Details

Closed on
Mar 25, 1994
Sold by
Divito Anthony L and Divito Bernedette C
Bought by
Cardella John J and Cardella Melinda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Garcia Roberto A $260,000 None Available
Cardella John J $106,000 Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Roberto A $289,602
Previous Owner Cardella John J $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $260,000 0.0% $243 / Sq Ft
03/06/2015 03/06/15 Off Market $260,000 -- --
01/06/2015 01/06/15 Pending -- -- --
12/31/2014 12/31/14 Price Changed $255,000 -7.2% $238 / Sq Ft
11/02/2014 11/02/14 Price Changed $274,900 -1.8% $257 / Sq Ft
10/06/2014 10/06/14 For Sale $279,900 -- $262 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,256 $33,985 $9,375 $24,610
2024 $6,256 $33,985 $9,375 $24,610
2023 $6,077 $32,966 $7,500 $25,466
2022 $6,077 $32,966 $7,500 $25,466
2021 $5,959 $32,966 $7,500 $25,466
2020 $4,973 $25,424 $5,062 $20,362
2019 $4,924 $27,939 $5,062 $22,877
2018 $4,840 $27,939 $5,062 $22,877
2017 $5,301 $27,998 $4,500 $23,498
2016 $5,108 $27,998 $4,500 $23,498
2015 $4,650 $27,998 $4,500 $23,498
2014 $4,105 $24,693 $3,750 $20,943
2013 $4,013 $24,693 $3,750 $20,943
Source: Public Records

Agents Affiliated with this Home

  • Char Wagenaar

    Seller's Agent in 2015

    Char Wagenaar

    Berkshire Hathaway HomeServices Chicago

    (630) 302-9385

    22 Total Sales

    Char Wagenaar
    Section Image
  • Israel Fuentes

    Buyer's Agent in 2015

    Israel Fuentes

    RE/MAX

    (630) 408-6528

    51 Total Sales

    Israel Fuentes
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08746482

Midwest Real Estate Data (MRED)

APN: 09-25-406-019-0000

Illinois Cook County Chicago 60631 Edison Park

7517 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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