NOT LISTED FOR SALE

7850 N Octavia Ave Niles, IL 60714

Oasis Neighborhood

Estimated Value: $517,000 - $609,000

4 Beds
3 Baths
2,000 Sq Ft
$279/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $394,500 $197 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,988/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Eugene Field Elementary School Rated A-
  • Vaulted Ceiling
  • 2-minute walk to Triangle Park

About This Home

As of January 2017

Completely Updated 4 Bed, 2 1/2 bath Sun Filled Colonial located in highly sought after Niles School District (Maine South). Home features Sprawling Formal Staircase, Crown Molding, Gleaming Hardwood Floors on both levels, Formal Dining room, Gas Fireplace, Large Eat-In Kitchen with Granite counters and Stainless Steel Appliances. Main Floor Bedroom/Den, Laundry and 1/2 Bath. 2nd Floor Boasts Master Suite with Wood-Burning Fireplace & french doors to Juliette Balcony. You will absolutely fall in love with the Luxury master Bath (14x11) with Separate Shower, Large Jacuzzi Tub, Double Sink & Walk-In Closet. Full 2nd Bath & pull Down staircase to attic for additional storage. Zoned HVAC, Newer Windows, Generous Closet Space, Large Fenced-In Yard with Huge Deck & 2 1/2 Car Garage w/Side drive. Amazing location, close to everything with new construction all around. Nothing to do but move right in.

Last Agent to Sell the Property

Mark Zatz

HomeSmart Connect LLC License #471007712 Listed on: 12/10/2016

HomeSmart Connect LLC

Last Buyer's Agent

Timothy Guzzetta

RE/MAX Properties Northwest License #475156336

RE/MAX Properties Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,348

Year Built | Renovated

  • 1954 | 2008

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a bus stop

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,348

Year Built | Renovated

1954 | 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954
  • Year Renovated: 2008

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 7
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Attic: Pull Down Stair, Unfinished
  • Fireplace Location: Living Room, Master Bedroom
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 14X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 2000
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X14, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Deck
  • Exposure: E (East)
  • Acreage: 0.1515

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
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Schools

  • School District: 207
  • Elementary School: EUGENE FIELD ELEMENTARY SCHOOL
  • Middle School: EMERSON MIDDLE SCHOOL
  • High School: MAINE SOUTH HIGH SCHOOL
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 50X132
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 09252180090000

Tax Info

  • Taxes: 7132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2016
Closed on
Jan 20, 2017
Sold by
Jacinto Peachy E
Bought by
John D and Tait Jessica
Seller's Agent
Mark Zatz
HomeSmart Connect LLC
Buyer's Agent
Timothy Guzzetta
RE/MAX Properties Northwest
List Price
$399,900
Sold Price
$394,500
Premium/Discount to List
-$5,400
-1.35%
Current Estimated Value
$558,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,873
Avg. Annual Appreciation
3.38%
Original Mortgage
$382,665
Outstanding Balance
$321,027
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$203,327

Purchase Details

Closed on
Jul 12, 2013
Sold by
Jacinto Reyes Peachy Rose and Nibre Carlo Reyes Maricon
Bought by
Jacinto Peachy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,160
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2012
Sold by
Jacinto Peachy E and Nibre Maricon A
Bought by
Jacinto Peachy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,152
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2010
Sold by
Us Bank National Association
Bought by
Jacinto Peachy E and Nibre Maricon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2008
Sold by
Chronopoulos Dimitrios
Bought by
Us Bank Na and The Tbw 2006-5

Purchase Details

Closed on
Jun 13, 2006
Sold by
Tomic Milan M
Bought by
Chronopoulos Dimitrios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2005
Sold by
First American Bank
Bought by
Tomic Milan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,300
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2005
Sold by
Tomic Milan M
Bought by
First American Bank and Trust #1-05-109

Purchase Details

Closed on
Mar 1, 2005
Sold by
Ziabaras Anastasios J
Bought by
Tomic Milan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2001
Sold by
Lawrence Lucille C
Bought by
Ziabaras Anastasios J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
8%
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
John D $394,500 Old Republic National Title
Jacinto Peachy E -- None Available
Jacinto Peachy E -- Old Republic National Title
Jacinto Peachy E $295,000 First American Title
Us Bank Na -- None Available
Chronopoulos Dimitrios $572,000 Republic Title Company
Tomic Milan M -- --
First American Bank -- --
Tomic Milan M $460,000 First American Title
Ziabaras Anastasios J $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John D $382,665
Previous Owner Jacinto Peachy E $281,160
Previous Owner Jacinto Peachy E $284,152
Previous Owner Jacinto Peachy E $289,656
Previous Owner Chronopoulos Dimitrios $160,000
Previous Owner Chronopoulos Dimitrios $457,600
Previous Owner Chronopoulos Dimitrios $572,000
Previous Owner Tomic Milan $483,300
Previous Owner Tomic Milan M $368,000
Previous Owner Ziabaras Anastasios J $432,000
Previous Owner Ziabaras Anastasios J $50,000
Previous Owner Ziabaras Anastasios J $265,000
Previous Owner Ziabaras Anastasios J $75,000
Previous Owner Ziabaras Anastasios J $166,000
Previous Owner Ziabaras Anastasios J $142,000
Previous Owner Morman Donald A $135,000
Closed Tomic Milan M $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $394,500 -1.4% $197 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
12/10/2016 12/10/16 For Sale $399,900 -- $200 / 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 $11,348 $41,000 $7,260 $33,740
2023 $10,610 $41,000 $7,260 $33,740
2022 $10,610 $41,000 $7,260 $33,740
2021 $8,803 $28,773 $5,115 $23,658
2020 $8,223 $28,773 $5,115 $23,658
2019 $8,146 $31,971 $5,115 $26,856
2018 $9,105 $32,465 $4,455 $28,010
2017 $8,076 $32,465 $4,455 $28,010
2016 $7,844 $32,465 $4,455 $28,010
2015 $7,132 $27,307 $3,795 $23,512
2014 $6,958 $27,307 $3,795 $23,512
2013 $6,754 $27,307 $3,795 $23,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09402829

Midwest Real Estate Data (MRED)

APN: 09-25-218-009-0000