NOT LISTED FOR SALE

7916 W Cressett Dr Elmwood Park, IL 60707

Estimated Value: $325,000 - $366,180

3 Beds
1 Bath
1,110 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $204,000 $184 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,438/month

18 Days on Market

Highlights

  • Den
  • Storage Room
  • Hot Water Heating System
  • Detached Garage
  • Bungalow
  • Senior Tax Exemptions

About This Home

As of May 2020

Priced to sell! So much potential in this meticulously maintained "Big 5" brick bungalow. 1st floor features Spacious living room with separate dining room, 2 first floor bedrooms and full bath. Large eat in kitchen with table space opens to bonus room overlooking privacy fenced yard with Brand New 2.5 car garage!! Hardwood floors under carpeting, original doors and hardware in excellent condition. 2nd floor has expansion opportunity but is currently setup with one finished room and separate attic space, several closets. Full walk out basement is high and dry with Flood Control and ready to be finished! Other major improvements to note: New roof and some replacement windows. Home is in good condition but is to be sold as is. Buyer to assume small list of village repairs. CASH OR CONVENTIONAL LOANS ONLY!

Last Agent to Sell the Property

Lisa Graziani

Caporale Realty Group License #475149015 Listed on: 03/23/2020

Caporale Realty Group

Last Buyer's Agent

Benjamin Hickman

RE/MAX Plaza License #475159801

RE/MAX Plaza

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,017

Year Built

  • 1931

Lot Details

  • 3,833

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Den
  • Workroom
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,017

Year Built

1931

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1931
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1931

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X13, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 09X14, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Den, Workroom, Storage
  • Master Bedroom: Dimensions: 10X09, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 17X07, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Work Rm, Dimensions: 08X11, On Level: Lower
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Storage, Dimensions: 09X10, On Level: Lower
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Other
  • Estimated Sq Ft: 1110

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • School District: 401
  • Elementary School: John Mills Elementary School
  • Middle School: Elm Middle School
  • High School: Elmwood Park High School
  • Junior High Dist: 401

Lot Info

  • Lot Dimensions: 30X124
  • Parcel Identification Number: 12251250360000

Tax Info

  • Taxes: 4619.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 21, 2020
Sold by
Schulz Ann E and Estate Of Nancy A Olechowski
Bought by
Mendoza Laurentino and Mendoza Nieves Luis
Seller's Agent
Lisa Graziani
Caporale Realty Group
Buyer's Agent
Benjamin Hickman
RE/MAX Plaza
List Price
$214,900
Sold Price
$204,000
Premium/Discount to List
-$10,900
-5.07%
Current Estimated Value
$337,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,545
Avg. Annual Appreciation
9.70%
Original Mortgage
$183,600
Outstanding Balance
$164,042
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$173,503

Purchase Details

Closed on
Dec 16, 1993
Sold by
Olechowski Gregory T and Olechowski Nancy A
Bought by
Olechowski Nancy A
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
Mendoza Laurentino $204,000 Prairie Title
Olechowski Nancy A $39,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Laurentino $183,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2020 05/21/20 Sold $204,000 -5.1% $184 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $214,900 -- $194 / 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 $8,017 $29,808 $5,198 $24,610
2023 $7,748 $29,808 $5,198 $24,610
2022 $7,748 $29,808 $5,198 $24,610
2021 $6,713 $21,203 $3,465 $17,738
2020 $8,099 $22,319 $3,465 $18,854
2019 $5,489 $24,994 $3,465 $21,529
2018 $4,620 $20,412 $2,983 $17,429
2017 $4,501 $20,412 $2,983 $17,429
2016 $4,567 $20,412 $2,983 $17,429
2015 $3,947 $17,201 $2,695 $14,506
2014 $3,874 $17,201 $2,695 $14,506
2013 $3,748 $17,201 $2,695 $14,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10673858

Midwest Real Estate Data (MRED)

APN: 12-25-125-036-0000