NOT LISTED FOR SALE

8456 N Olcott Ave Niles, IL 60714

The Terrace Neighborhood

Estimated Value: $406,000 - $626,000

3 Beds
2 Baths
1,300 Sq Ft
$356/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $308,500 $237 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,917/month

Highlights

  • Property is near a park
  • Raised Ranch Architecture
  • 2 Car Detached Garage
  • Maine East High School Rated A
  • Fenced Yard
  • Enclosed Patio or Porch

About This Home

As of December 2016

**MUST SEE****BEAUTIFUL OVERSIZED ALL BRICK RANCH IN SOUGHT AFTER GRENNAN HEIGHTS AREA. HUGE EAT IN KITCHEN W/GRANITE C -TOPS CUSTOM ALL WOOD OAK CABINETS AND HARDWOOD FLOORS. 3 BIG BEDROOMS, NEWLY RETAILED BATHS. SPACIOUS LIVING ROOM W/BAY WINDOW ALL TALL NEWER WINDOWS THROUGHOUT MAKE THIS HOME SUNNY AND INVITING. NEWLY REFINISHED HUGE BASEMENT W/BEDROOM AND PRIVATE BATH. NEWLY INSTALLED FLOOD CONTROL SYSTEM . ROOF, FURNACE, TUCKPOINTING IN 2010.NEW FRONT &BACK DOOR. SIDE DRIVE TO 2CAR GARAGE. BEAUTIFUL YARD W/LOTS OF PERENNIALS. QUALITY HOME. NILES FREE BUS! NEAR PARKS AND SHOPS. GREAT FRIENDLY NEIGHBORHOOD. ESTATE SALE.

Last Agent to Sell the Property

Marta Owca

Chicagoland Brokers Inc. License #475133344 Listed on: 10/27/2016

Chicagoland Brokers Inc.

Last Buyer's Agent

Krystyna Soprych

RE/MAX 10 in the Park License #475122739

RE/MAX 10 in the Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,895

Year Built

  • Built in 1958 | Remodeled in 2014

Lot Details

  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Community Details

  • Grennan Heights Subdivision, Ranch Floorplan

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,895

Year Built

Built in 1958 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Subdivision Name: GRENNAN HEIGHTS
  • Year Built: 1958
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1300
  • Room Type: Enclosed Porch
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 47/133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1895
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Stefanczyk Andrzej and Stefanczyk Irena
Bought by
Stefanczyk Andrzej and Stefanczyk Irena
Current Estimated Value
$463,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$228,435
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$234,676

Purchase Details

Listed on
Oct 27, 2016
Closed on
Dec 8, 2016
Sold by
Sokolowski Conrad Mark
Bought by
Stefanczyk Andrzej and Stefanczyk Dominika
Seller's Agent
Marta Owca
Chicagoland Brokers Inc.
Buyer's Agent
Krystyna Soprych
RE/MAX 10 in the Park
List Price
$329,900
Sold Price
$308,500
Premium/Discount to List
-$21,400
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$277,650
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2007
Sold by
Sokolowski Theresa
Bought by
Sokolowski Theresa and Theresa Sokolowski Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stefanczyk Andrzej -- Attorney
Stefanczyk Andrzej $308,500 Near North National Title
Sokolowski Theresa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefanczyk Andrzej $265,000
Closed Stefanczyk Andrzej $277,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $308,500 -6.5% $237 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $329,900 -- $254 / 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 $5,801 $25,857 $6,876 $18,981
2023 $5,828 $27,531 $6,876 $20,655
2022 $5,828 $27,531 $6,876 $20,655
2021 $3,693 $16,073 $4,844 $11,229
2020 $3,845 $17,132 $4,844 $12,288
2019 $4,248 $21,082 $4,844 $16,238
2018 $5,579 $24,379 $4,219 $20,160
2017 $6,368 $27,516 $4,219 $23,297
2016 $6,772 $27,516 $4,219 $23,297
2015 $2,006 $22,068 $3,594 $18,474
2014 $1,895 $22,068 $3,594 $18,474
2013 $1,938 $21,145 $3,594 $17,551
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Marta Owca

    Chicagoland Brokers Inc.

    (773) 716-6700

    27 Total Sales

    Marta Owca
    Section Image
  • Krystyna Soprych

    Buyer's Agent in 2016

    Krystyna Soprych

    RE/MAX

    (708) 257-3928

    204 Total Sales

    Krystyna Soprych
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09376560

Midwest Real Estate Data (MRED)

APN: 09-24-207-039-0000

Illinois Cook County Niles 60714 The Terrace

8456 N Olcott Ave, Niles, IL

Not Listed for Sale

Detached

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