NOT LISTED FOR SALE

Estimated Value: $192,000 - $216,000

2 Beds
1.5 Baths
980 Sq Ft
$358/mo HOA Fee

Last Sold August 10, 2021

Last sale price $135,000 $138 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,649/month

12 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Storage
  • Scott Elementary School Rated A
  • Balcony
  • Coin Laundry

About This Home

As of August 2021

Why rent when you can own in lovely Olive Tree Condos. Conveniently located between Washington & Naper Boulevard. Quiet neighborhood in close proximity to downtown, Riverwalk, walking/bike paths and Edward Hospital. Pet friendly. This 2 bedroom, 1 full one half bathroom unit is just steps up from the entry door. Good sized kitchen with ample counter seating. Sliding glass door to balcony for grilling and lots of fresh air. Association provides heat, water, gas, clubhouse and has outdoor swimming pool and tennis courts. Coin laundry and storage are located in lower level. Additional storage space for each unit. Rentals permitted. Good income. Note, the unit will be painted prior to closing. Easy to show!

Last Agent to Sell the Property

Elena Taylor

Berkshire Hathaway HomeServices Chicago License #475145056 Listed on: 06/23/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Vicky Shih

United Real Estate - Chicago License #475122722

United Real Estate - Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1972

Lot Details

  • 17

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 980 Sq Ft Home
  • 3-Story Property
  • Storage
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • David Conforti Association, Phone Number (331) 215-8635
  • Olive Trees Subdivision
  • Property managed by Real Manage

Amenities

  • Clubhouse
  • Party Room
  • Coin Laundry
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 40 lbs
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,277

Year Built

Built in 1972

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Olive Trees
  • 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
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Storage
  • LivingArea: 980
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Balcony
  • List Price: 135000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 (Window/Wall Unit)
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Size Limit
  • Association Fee: 358
  • Association Amenities: Coin Laundry, Storage, Party Room, Pool, Clubhouse
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Real Manage
  • Management Contact Name: David Conforti
  • Management Phone: 331-215-8635X4208

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 203

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 2277
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 5, 2021
Sold by
Farmer Malee A and Farmer Blake
Bought by
Yoon Qing Lian
Seller's Agent
Elena Taylor
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Vicky Shih
United Real Estate - Chicago
List Price
$135,000
Sold Price
$135,000
Total Days on Market
12
Current Estimated Value
$201,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,753
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Aug 23, 2005
Sold by
Sosnowska Malgorzata
Bought by
Ruth Malee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 22, 2004
Sold by
Wiczkowski Przemyslaw and Wiczkowski Sylwia
Bought by
Sosnowska Malgorzata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2003
Sold by
Juds Richard C and Juds Judith A
Bought by
Wiczkowski Przemyslaw and Wiczkowski Sylwia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,790
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2002
Sold by
Lasalle Bank National Assn
Bought by
Juds Richard C and Juds Judith A

Purchase Details

Closed on
May 20, 1994
Sold by
Olden Michael R and Olden Virginia L
Bought by
American National Bk & Tr Co Of Chicago
Source: Public Records

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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
Yoon Qing Lian $135,000 First American Title
Ruth Malee A $133,500 Heritage Title Co
Sosnowska Malgorzata $131,000 Chicago Title Insurance Comp
Wiczkowski Przemyslaw $107,000 Law Title
Juds Richard C $72,500 Law Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farmer Malee A $76,000
Previous Owner Ruth Malee A $126,800
Previous Owner Sosnowska Malgorzata $124,400
Previous Owner Wiczkowski Przemyslaw $103,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $135,000 0.0% $138 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $135,000 0.0% $138 / Sq Ft
07/31/2019 07/31/19 Rented $1,300 0.0% --
07/08/2019 07/08/19 For Rent $1,300 +4.0% --
06/07/2018 06/07/18 Under Contract -- -- --
06/07/2018 06/07/18 Rented $1,250 0.0% --
05/24/2018 05/24/18 For Rent $1,250 +4.2% --
05/19/2017 05/19/17 Rented $1,200 0.0% --
05/14/2017 05/14/17 Under Contract -- -- --
04/27/2017 04/27/17 For Rent $1,200 +2.1% --
04/16/2016 04/16/16 Rented $1,175 0.0% --
03/24/2016 03/24/16 For Rent $1,175 -- --
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
2023 $2,639 $48,620 $4,880 $43,740
2022 $2,089 $38,280 $3,840 $34,440
2021 $2,391 $36,830 $3,690 $33,140
2020 $2,341 $36,160 $3,620 $32,540
2018 $1,713 $26,020 $2,600 $23,420
2017 $1,681 $25,140 $2,510 $22,630
2016 $1,650 $24,230 $2,420 $21,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11115802

Midwest Real Estate Data (MRED)

APN: 08-32-110-008