NOT LISTED FOR SALE

8718 N Olcott Ave Niles, IL 60714

The Terrace Neighborhood

Estimated Value: $435,000 - $506,000

3 Beds
2 Baths
1,196 Sq Ft
$391/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $310,000 $259 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,088/month

71 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Detached Garage
  • Maine East High School Rated A
  • Fenced Yard
  • Breakfast Bar

About This Home

As of September 2015

CHARMING SPLIT LEVEL ON QUIET STREET, THIS HOME BOASTS GLEAMING HARDWOOD FLOORS IN ALL BDRMS, LR/DR. CATHEDRAL CEILING IN LR. LARGE LL FAMILY ROOM WITH POTENTIAL IN-LAW ARRANGEMENT OR PERFECT FOR ENTERTAINMENT. ALL WITHIN THE LAST 7 YEARS: KITCHEN REMODEL (2015); ROOF(2010); WINDOWS(2009); TUCKPOINTING (2015); FURNACE (2014); HOT WATER TANK(2008). OVERSIZED 2 CAR GARAGE & FENCED YARD. CLOSE TO SHOPPING & HIGHWAYS

Last Agent to Sell the Property

Georgia Colovos

Fulton Grace Realty License #475125580 Listed on: 05/28/2015

Fulton Grace Realty

Co-Listed By

Vickie Soupos

Fulton Grace Realty License #475125581

Last Buyer's Agent

Julissa Martell

Illinois Real Estate Partners License #471009179

Illinois Real Estate Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,312

Year Built

  • 1957

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Fenced Yard
  • Property is near a bus stop

Listing and Financial Details

  • $4,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,312

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan, Sump Pump
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X9, On Level: Lower, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 23X15, On Level: Lower, Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.16

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 207
  • Junior High Dist: 63

Lot Info

  • Lot Dimensions: 52X134
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 09242040330000

Tax Info

  • Taxes: 5464.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Sep 29, 2015
Sold by
Despotopoulos Helen and Kolotouros Dimitya J
Bought by
Ruiz Christina and Marte Anthony
Seller's Agent
Georgia Colovos
Fulton Grace Realty
Buyer's Agent
Julissa Martell
Illinois Real Estate Partners
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Current Estimated Value
$467,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,572
Avg. Annual Appreciation
3.53%
Original Mortgage
$294,050
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1993
Sold by
Stefanis Bill and Stefanis Anastacia
Bought by
Despotopoulos Helen and Kolotouros Dimitra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,600
Interest Rate
7%
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
Ruiz Christina $310,000 Attorneys Title Guaranty Fun
Despotopoulos Helen $178,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Christina $294,050
Previous Owner Despotopoulos Helen $160,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2015 09/29/15 Sold $310,000 -1.9% $259 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/20/2015 07/20/15 Price Changed $315,900 -0.6% $264 / Sq Ft
07/13/2015 07/13/15 Price Changed $317,900 -0.9% $266 / Sq Ft
06/30/2015 06/30/15 Price Changed $320,900 -3.0% $268 / Sq Ft
06/22/2015 06/22/15 Price Changed $330,900 -0.6% $277 / Sq Ft
06/06/2015 06/06/15 Price Changed $332,900 -0.6% $278 / Sq Ft
05/30/2015 05/30/15 Price Changed $334,900 -4.3% $280 / Sq Ft
05/28/2015 05/28/15 For Sale $349,900 -- $293 / 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 $7,312 $31,729 $7,665 $24,064
2023 $6,843 $31,729 $7,665 $24,064
2022 $6,843 $31,729 $7,665 $24,064
2021 $5,925 $23,773 $5,400 $18,373
2020 $5,666 $23,773 $5,400 $18,373
2019 $6,625 $30,960 $5,400 $25,560
2018 $5,856 $25,418 $4,703 $20,715
2017 $6,729 $28,886 $4,703 $24,183
2016 $7,492 $32,938 $4,703 $28,235
2015 $5,771 $24,102 $4,006 $20,096
2014 $5,580 $24,102 $4,006 $20,096
2013 $5,465 $24,102 $4,006 $20,096
Source: Public Records

Agents Affiliated with this Home

  • Georgia Colovos

    Seller's Agent in 2015

    Georgia Colovos

    Fulton Grace Realty

    (630) 965-6000

    33 Total Sales

    Georgia Colovos
    Section Image
  • Vickie Soupos

    Seller Co-Listing Agent in 2015

    Vickie Soupos

    Fulton Grace Realty

    (630) 965-6000

    107 Total Sales

    Vickie Soupos
    Section Image

  • J

    Buyer's Agent in 2015

    Julissa Martell

    Illinois Real Estate Partners

    21 Total Sales

    Julissa Martell
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08935491

Midwest Real Estate Data (MRED)

APN: 09-24-204-033-0000

Illinois Cook County Niles 60714 The Terrace

8718 N Olcott Ave, Niles, IL

This home is located at 8718 N Olcott Ave, Niles, IL 60714 since 28 May 2015 and is currently estimated at $467,572, approximately $390 per square foot. This property was built in 1957. 8718 N Olcott Ave is a home located in Cook County with nearby schools including Melzer School, Gemini Middle School, and Maine East High School.

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