NOT LISTED FOR SALE

8337 N Olcott Ave Niles, IL 60714

Grennan Heights Neighborhood

Estimated Value: $419,665 - $470,000

3 Beds
2.5 Baths
1,250 Sq Ft
$360/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $250,000 $200 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,902/month

79 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Fenced Yard
  • Maine East High School Rated A
  • Tennis Courts
  • 4-minute walk to Grennan Heights Park

About This Home

As of May 2015

LARGER RAISED RANCH FEATURES 3 BEDROOMS AND 1.5 BATHS ON FIRST FLOOR. BIG KITCHEN WITH DINETTE & PANTRY. NICE HARDWOOD FLOORS. MOSTLY NEWER WINDOWS AND ROOF. PREMIUM "LEAF GUARD" GUTTERS (3K) ON HOUSE. TALL BASEMENT WITH REC ROOM, LAUNDRY ROOM, FULL BATH, EXTERIOR EXIT & SUMMER KITCHEN. OVERSIZED (24 x 24) GARAGE (ALLEY PLOWED BY NILES) WILL FIT LARGER VEHICLES. WALKING DISTANCE TO 2 PARKS/PRESCHOOL. OFFERS!!

Last Agent to Sell the Property

Marty Piot

RE/MAX City License #475132481 Listed on: 01/21/2015

RE/MAX City

Last Buyer's Agent

Stephanie LoVerde

Baird & Warner License #475156302

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1972

Lot Details

  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Step Ranch
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Grennan Heights Subdivision, Raised Ranch Floorplan

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Step Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: GRENNAN HEIGHTS
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Other Equipment: Sump Pump
  • Room Type: Enclosed Porch, Foyer
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 264900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Off Alley
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Pool, Tennis Courts, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

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

  • Lot Dimensions: 4125
  • 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: 2197.1
  • Tax Year: 2013
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
May 18, 2015
Sold by
Bruno Francesca
Bought by
Jacqueline Panek Brian and Jacqueline Panedhe
Seller's Agent
Marty Piot
RE/MAX City
Buyer's Agent
Stephanie LoVerde
Baird & Warner
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Current Estimated Value
$449,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,916
Avg. Annual Appreciation
5.29%
Original Mortgage
$225,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bruno Francesca and Bruno Michele
Bought by
Bruno Francesca and Declaration Of Trust Of Francesca Bruno
Source: Public Records

Range of Values:

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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
Jacqueline Panek Brian $250,000 Ct
Bruno Francesca -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panek Brian $248,400
Closed Panek Brian $217,500
Closed Panek Brian $33,000
Closed Jacqueline Panek Brian $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $250,000 -5.6% $200 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
04/08/2015 04/08/15 Price Changed $264,900 -1.8% $212 / Sq Ft
03/24/2015 03/24/15 Price Changed $269,700 0.0% $216 / Sq Ft
03/13/2015 03/13/15 Price Changed $269,800 0.0% $216 / Sq Ft
02/20/2015 02/20/15 Price Changed $269,900 -1.8% $216 / Sq Ft
01/21/2015 01/21/15 For Sale $274,900 -- $220 / 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 $6,064 $26,851 $4,538 $22,313
2023 $5,670 $26,851 $4,538 $22,313
2022 $5,670 $26,851 $4,538 $22,313
2021 $6,515 $25,781 $3,196 $22,585
2020 $6,223 $25,781 $3,196 $22,585
2019 $6,076 $28,646 $3,196 $25,450
2018 $5,751 $25,000 $2,784 $22,216
2017 $5,710 $25,000 $2,784 $22,216
2016 $5,545 $25,000 $2,784 $22,216
2015 $7,264 $27,007 $2,371 $24,636
2014 $2,185 $27,007 $2,371 $24,636
2013 -- $27,007 $2,371 $24,636
Source: Public Records

Agents Affiliated with this Home

  • Marty Piot

    Seller's Agent in 2015

    Marty Piot

    RE/MAX

    (847) 226-7355

    5 in this area

    24 Total Sales

    Marty Piot
    Section Image
  • Stephanie LoVerde

    Buyer's Agent in 2015

    Stephanie LoVerde

    Baird Warner

    (847) 903-8589

    2 in this area

    272 Total Sales

    Stephanie LoVerde
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08820654

Midwest Real Estate Data (MRED)

APN: 09-24-402-068-0000

Illinois Cook County Niles 60714 Grennan Heights

8337 N Olcott Ave, Niles, IL

This home is located at 8337 N Olcott Ave, Niles, IL 60714 since 21 January 2015 and is currently estimated at $449,916, approximately $359 per square foot. This property was built in 1972. 8337 N Olcott 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.

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