NOT LISTED FOR SALE

8718 N Olcott Ave Niles, IL 60714

The Terrace Neighborhood

Estimated Value: $434,000 - $505,000

3 Beds
2 Baths
1,196 Sq Ft
$384/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2015

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

Est. 48% increase in value since last sale

Current estimated payment $3,131 / mo

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

ERA Partners License #471009179

ERA Partners

Home Details

Home Type

  • Single Family

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 bus stop

Listing and Financial Details

  • $4,500 Seller Concession

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

6,970 Sq Ft Lot

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

  • Junior High Dist: 63

Lot Info

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

Tax Info

  • Taxes: 5464.69

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
May 28, 2015
Closed on
Sep 29, 2015
Sold by
Bought by
Seller's Agent
Georgia Colovos
Fulton Grace Realty
Buyer's Agent
Julissa Martell
ERA Partners
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Current Estimated Value
$459,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,223
Avg. Annual Appreciation
3.69%
Original Mortgage
$294,050
Outstanding Balance
$227,950
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$231,273

Purchase Details

Closed on
Mar 24, 1993
Sold by
Bought by
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

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
$310,000 Attorneys Title Guaranty Fun
$178,500 --
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
Open $294,050
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
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

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 $7,312 $39,000 $9,058 $29,942
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

    26 Total Sales

    Georgia Colovos
    Section Image
  • Vickie Soupos

    Seller Co-Listing Agent in 2015

    Vickie Soupos

    Fulton Grace Realty

    (630) 965-6000

    95 Total Sales

    Vickie Soupos
    Section Image

  • J

    Buyer's Agent in 2015

    Julissa Martell

    ERA Partners

    18 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

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

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