NOT LISTED FOR SALE

7960 W Park Ave Niles, IL 60714

Washington Park Neighborhood

Estimated Value: $449,794 - $508,000

3 Beds
2 Baths
938 Sq Ft
$516/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $415,000 $442 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,204/month

14 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Community Pool
  • Maine East High School Rated A
  • Corner Lot
  • 2-minute walk to Washington Terrace Park

About This Home

As of August 2023

Split level, 3 bed, 2 full bath. Corner lot, hardwood floors all around. New bathroom, fully remodeled basement with sub-basement. Bright and sunny home. Walk or bike to parks, minutes to shopping, grocery stores and still close to downtown Chicago.

Last Agent to Sell the Property

Sam Gorail

Coldwell Banker Realty License #475137488 Listed on: 05/03/2023

Coldwell Banker Realty

Last Buyer's Agent

Raza Hussain

City Habitat Realty LLC License #475144108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,870

Year Built

  • Built in 1964

Lot Details

  • 6,530 Sq Ft Lot
  • Lot Dimensions are 45x127
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof

Interior Spaces

  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Location

  • Property is near a park

Schools

  • Nelson Elementary School
  • Gemini Junior High School
  • Maine East High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,870

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • List Price: 414900
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Nelson Elementary School
  • High School: Maine East High School
  • Middle/Junior School: Gemini Junior High School
  • Middle/Junior School District: 63

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1499
  • Lot Dimensions: 45X127
  • 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: 4870
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Aug 2, 2023
Sold by
Gorail Sam
Bought by
Abbas Moazzam and Nawab Naila
Seller's Agent
Sam Gorail
Coldwell Banker Realty
Buyer's Agent
Raza Hussain
City Habitat Realty LLC
List Price
$414,900
Sold Price
$415,000
Premium/Discount to List
$100
0.02%
Views
240
Current Estimated Value
$484,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,199
Avg. Annual Appreciation
4.70%
Original Mortgage
$400,475
Outstanding Balance
$393,032
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$64,578

Purchase Details

Closed on
Mar 17, 2023
Sold by
Judicial Sales Corporation
Bought by
Gorail Sam

Purchase Details

Closed on
Dec 14, 2004
Sold by
Korkis Tareq
Bought by
Yousif Sarge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,500
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2000
Sold by
Johnston Laurentina G and Johnston Brooks E
Bought by
Korkis Tareq

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
8.15%
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
Abbas Moazzam $415,000 Cambridge Title
Gorail Sam $276,500 Cambridge Title
Yousif Sarge $420,000 Cambridge Title Company
Korkis Tareq $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbas Moazzam $400,475
Previous Owner Yousif Sarge $333,700
Previous Owner Korkis Tareq $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $415,000 0.0% $442 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $414,900 -- $442 / 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 $7,639 $33,000 $7,903 $25,097
2023 $7,150 $33,000 $7,903 $25,097
2022 $7,150 $33,000 $7,903 $25,097
2021 $4,870 $20,133 $5,325 $14,808
2020 $4,668 $20,133 $5,325 $14,808
2019 $4,619 $22,622 $5,325 $17,297
2018 $6,025 $26,055 $4,638 $21,417
2017 $5,982 $26,055 $4,638 $21,417
2016 $5,798 $26,055 $4,638 $21,417
2015 $5,766 $24,084 $3,951 $20,133
2014 $5,576 $24,084 $3,951 $20,133
2013 $5,460 $24,084 $3,951 $20,133
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sam Gorail

    Coldwell Banker Realty

    (773) 467-5300

    1 in this area

    51 Total Sales

    Sam Gorail
    Section Image
  • Raza Hussain

    Buyer's Agent in 2023

    Raza Hussain

    City Habitat Realty LLC

    (773) 981-1251

    1 in this area

    174 Total Sales

    Raza Hussain
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11773305

Midwest Real Estate Data (MRED)

APN: 09-13-315-013-0000

Illinois Cook County Niles 60053 Washington Park

7960 W Park Ave, Niles, IL

This home is located at 7960 W Park Ave, Niles, IL 60714 since 03 May 2023 and is currently estimated at $484,199, approximately $516 per square foot. This property was built in 1964. 7960 W Park Ave is a home located in Cook County with nearby schools including V H Nelson Elementary School, Gemini Middle School, and Maine East High School.

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.

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