NOT LISTED FOR SALE

8501 W Madison Dr Niles, IL 60714

Ransom Ridge Neighborhood

Estimated Value: $350,000 - $440,000

3 Beds
1 Bath
1,306 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2022

Last sale price $325,000 $249 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,213 / mo

64 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Eugene Field Elementary School Rated A-
  • Laundry Room
  • Central Air

About This Home

As of September 2022

Highly sought after modern Niles home with Park Ridge school district. Open floor plan with vaulted ceilings. Freshly painted, with beautifully updated kitchen and bath. Newer hardwood floors throughout. New roof in 2021 and new furnace/AC unit in 2022. Gazebo and garden area in back. Detached 2 car garage as well as a newer car port. Quiet Neighborhood. Home sold AS-IS.

Last Agent to Sell the Property

Carla Capobianco

Berkshire Hathaway HomeServices Starck Real Estate License #475194308 Listed on: 06/14/2022

Berkshire Hathaway HomeServices Starck Real Estate

Co-Listed By

Claudia Capobianco

Berkshire Hathaway HomeServices Starck Real Estate License #475194298

Last Buyer's Agent

Joseph Misho

eXp Realty License #475190852

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,686

Year Built

  • Built in 1960

Lot Details

  • 6,273

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sump Pump
  • Carbon Monoxide Detectors
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Eugene Field Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,686

Year Built

Built in 1960

Lot Details

6,273 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1960
  • Age: 61-70 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): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1306
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School

Lot Info

  • Lot Dimensions: 6250
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6685.62
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 14, 2022
Sold by
Bought by
Seller's Agent
Carla Capobianco
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Joseph Misho
eXp Realty
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%
Views
22
Current Estimated Value
$460,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,498
Avg. Annual Appreciation
6.52%
Original Mortgage
$260,000
Interest Rate
0.0575%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 25, 2016
Sold by
Bought by
Seller's Agent
Bryce Fuller
Baird & Warner
Buyer's Agent
Jordan Kaplan
Coldwell Banker Realty
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$225,783
Interest Rate
0.0325%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Freedom Title Corp
$230,000 Citywide Title Corporation
-- --
$156,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $260,000
Closed $225,783
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Sold $325,000 -1.5% $249 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $330,000 0.0% $253 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $330,000 0.0% $253 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $330,000 -5.7% $253 / Sq Ft
07/06/2022 07/06/22 Price Changed $350,000 -2.8% $268 / Sq Ft
06/29/2022 06/29/22 Price Changed $360,000 -2.7% $276 / Sq Ft
06/14/2022 06/14/22 For Sale $369,999 +60.9% $283 / Sq Ft
08/25/2016 08/25/16 Sold $230,000 -7.6% $176 / Sq Ft View Prior Sale
04/12/2016 04/12/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $249,000 -- $191 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,708 $35,000 $8,125 $26,875
2024 $8,708 $31,000 $6,875 $24,125
2023 $8,145 $31,000 $6,875 $24,125
2022 $8,145 $31,000 $6,875 $24,125
2021 $7,157 $23,226 $5,625 $17,601
2020 $6,686 $23,226 $5,625 $17,601
2019 $7,539 $29,400 $5,625 $23,775
2018 $6,954 $24,572 $4,843 $19,729
2017 $6,882 $24,572 $4,843 $19,729
2016 $5,832 $24,572 $4,843 $19,729
2015 $5,114 $20,140 $4,062 $16,078
2014 $4,992 $20,140 $4,062 $16,078
2013 $4,839 $20,140 $4,062 $16,078
Source: Public Records

Agents Affiliated with this Home

  • Carla Capobianco

    Seller's Agent in 2022

    Carla Capobianco

    Berkshire Hathaway HomeServices Starck Real Estate

    (773) 951-5778

    1 in this area

    2 Total Sales

    Carla Capobianco
    Section Image
  • Claudia Capobianco

    Seller Co-Listing Agent in 2022

    Claudia Capobianco

    Berkshire Hathaway HomeServices Starck Real Estate

    (773) 706-8883

    1 in this area

    2 Total Sales

    Claudia Capobianco
    Section Image
  • Joseph Misho

    Buyer's Agent in 2022

    Joseph Misho

    eXp Realty

    (773) 567-6565

    1 in this area

    36 Total Sales

    Joseph Misho
    Section Image
  • Bryce Fuller

    Seller's Agent in 2016

    Bryce Fuller

    Baird Warner

    (847) 208-7888

    198 Total Sales

    Bryce Fuller
    Section Image
  • Jordan Kaplan

    Buyer's Agent in 2016

    Jordan Kaplan

    Coldwell Banker Realty

    (847) 361-6020

    29 Total Sales

    Jordan Kaplan
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11433976

Midwest Real Estate Data (MRED)

APN: 09-23-324-012-0000

Illinois Cook County Niles 60714 Ransom Ridge

8501 W Madison Dr, Niles, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.