NOT LISTED FOR SALE

7917 N Octavia Ave Niles, IL 60714

Oasis Neighborhood

Estimated Value: $363,000 - $408,416

2 Beds
1 Bath
1,283 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $245,000 $191 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,591/month

1 Day on Market

Highlights

  • Above Ground Pool
  • Landscaped Professionally
  • Wood Flooring
  • Eugene Field Elementary School Rated A-
  • Ranch Style House
  • 2-minute walk to Triangle Park

About This Home

As of January 2020

First time on the market. Property has been in the family since 1951. Great first time buyer property with low property taxes and Park Ridge School District . 2 bedrooms and 1 Bathroom with fabulous opportunity to expand/dormer or purchase land for new construction (Lot dimensions are 50 X 130). Kitchen has stainless steel fridge, dishwasher, microwave and oven. Family room off the kitchen is 19 X 14. 15 Foot above ground pool with deck that's only a year old with heater. Large 2.5 garage with long cement driveway to park many vehicles. Available for a quick close if needed.

Last Agent to Sell the Property

Thomas Pilafas

Charles Rutenberg Realty License #475171442 Listed on: 12/22/2019

Charles Rutenberg Realty

Last Buyer's Agent

Thomas Pilafas

Charles Rutenberg Realty License #475171442 Listed on: 12/22/2019

Charles Rutenberg Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,781

Year Built

  • 1951

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Parking Available
  • Driveway
  • Parking Included in Price
  • Garage Is Owned
  • Unassigned Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Stone Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Patio

Utilities

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

Additional Features

  • Wood Flooring
  • Crawl Space
  • Landscaped Professionally
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,781

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1283
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 1283
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, Ceiling Fan
  • Attic: Full
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X2, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Parquet, Windows: Blinds
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Parquet, Windows: Blinds
  • Estimated Sq Ft: 1283
  • Estimated Total Finished Sq Ft: 1283
  • Main Level Sq Ft: 1283
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 19X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Pool Above Ground, Storms/Screens
  • Acreage: 0.1492

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

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: 50 X 130
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 09252160080000
  • Zero Lot Line: No

Tax Info

  • Taxes: 5918.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2019
Closed on
Jan 22, 2020
Sold by
Cohn Neil T and Cohn Helen
Bought by
Dzik Jacob
Seller's Agent
Thomas Pilafas
Charles Rutenberg Realty
Buyer's Agent
Thomas Pilafas
Charles Rutenberg Realty
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$382,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,104
Avg. Annual Appreciation
8.12%
Original Mortgage
$196,000
Outstanding Balance
$173,241
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$208,863

Purchase Details

Closed on
Mar 31, 2004
Sold by
Cohn Neil T
Bought by
Cohn Neil T and Cohn Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2000
Sold by
Medina Reinelia
Bought by
Cohn Neil T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
12.5%

Purchase Details

Closed on
Feb 23, 1996
Sold by
Cohn Neil T
Bought by
Cohn Neil T and Medina Reinelia

Purchase Details

Closed on
Oct 31, 1994
Sold by
Cohn Debbie L and Cohn Debbie
Bought by
Cohn Neil T and Cohn Neil
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
Dzik Jacob $245,000 First American Title
Cohn Neil T -- --
Cohn Neil T -- Lawyers Title Insurance Corp
Cohn Neil T -- --
Cohn Neil T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dzik Jacob $196,000
Previous Owner Cohn Neil T $197,000
Previous Owner Cohn Neil T $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $245,000 -1.6% $191 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
12/22/2019 12/22/19 For Sale $249,000 -- $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 $6,781 $24,500 $7,150 $17,350
2023 $6,340 $24,500 $7,150 $17,350
2022 $6,340 $24,500 $7,150 $17,350
2021 $7,311 $23,897 $5,037 $18,860
2020 $6,598 $26,188 $5,037 $21,151
2019 $6,540 $29,098 $5,037 $24,061
2018 $5,918 $24,537 $4,387 $20,150
2017 $5,875 $24,537 $4,387 $20,150
2016 $5,769 $24,537 $4,387 $20,150
2015 $5,424 $21,394 $3,737 $17,657
2014 $5,295 $21,394 $3,737 $17,657
2013 $5,136 $21,394 $3,737 $17,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10592899

Midwest Real Estate Data (MRED)

APN: 09-25-216-008-0000