NOT LISTED FOR SALE

7816 N Octavia Ave Niles, IL 60714

Oasis Neighborhood

Estimated Value: $406,000 - $492,000

4 Beds
2 Baths
1,750 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $375,000 $214 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,010/month

83 Days on Market

Highlights

  • Ranch Style House
  • 2.5 Car Detached Garage
  • Combination Kitchen and Dining Room
  • Eugene Field Elementary School Rated A-
  • Central Air
  • 3-minute walk to Triangle Park

About This Home

As of March 2024

4 bedroom, 2 bath house which has been occupied & cared for by the current owner for 30+ years. Primary bedroom with en suite bathroom. Wood flooring throughout living areas, marble tiled kitchen. Dual HVAC systems. Long driveway leads to a large parking pad and 2.5 car garage in the rear. Beautiful backyard garden. Being sold as-is.

Last Agent to Sell the Property

Rico Tallud

@properties Listed on: 11/02/2023

Last Buyer's Agent

Sugandhi Chugani

Compass License #475205376

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,674

Year Built

  • Built in 1954

Lot Details

  • 6,665 Sq Ft Lot
  • Lot Dimensions are 49.8 x 133.4

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 1,750 Sq Ft Home
  • Family Room
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Recreation or Family Area in Basement

Schools

  • Eugene Field Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,674

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1750
  • Room Type: Family Room
  • Estimated Total Finished Sq Ft: 1750
  • Basement Description: Rec/Family Area
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1750
  • Total Sq Ft: 1750
  • Attic: Pull Down Stair
  • Main Level Sq Ft: 1451
  • Lower Level Sq Ft: 299

Exterior Features

  • List Price: 374000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.153
  • Lot Dimensions: 49.8 X 133.4
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6674.3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Mar 5, 2024
Sold by
Chin Ngar Yem and Kyi Ma Tin
Bought by
Khan Nadeem and Khan Saira N
Seller's Agent
Rico Tallud
@properties
Buyer's Agent
Sugandhi Chugani
Compass
List Price
$374,000
Sold Price
$375,000
Premium/Discount to List
$1,000
0.27%
Views
620
Current Estimated Value
$442,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,223
Avg. Annual Appreciation
9.45%
Original Mortgage
$300,000
Interest Rate
6.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Khan Nadeem $375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Nadeem $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $375,000 +0.3% $214 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/02/2023 12/02/23 For Sale $374,000 0.0% $214 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $374,000 -- $214 / 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 $7,205 $32,000 $7,315 $24,685
2023 $6,688 $32,000 $7,315 $24,685
2022 $6,688 $32,000 $7,315 $24,685
2021 $6,674 $27,810 $5,153 $22,657
2020 $6,352 $27,810 $5,153 $22,657
2019 $6,300 $30,900 $5,153 $25,747
2018 $5,905 $27,238 $4,488 $22,750
2017 $5,875 $27,238 $4,488 $22,750
2016 $6,009 $27,238 $4,488 $22,750
2015 $5,512 $23,572 $3,823 $19,749
2014 $5,392 $23,572 $3,823 $19,749
2013 $5,802 $25,707 $3,823 $21,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11918335

Midwest Real Estate Data (MRED)

APN: 09-25-218-021-0000