NOT LISTED FOR SALE

108 E Olive Ave Prospect Heights, IL 60070

Estimated Value: $545,000 - $637,000

4 Beds
2.5 Baths
2,338 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $540,000 $231 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,137/month

6 Days on Market

Highlights

  • Landscaped Professionally
  • Community Lake
  • Contemporary Architecture
  • Bonfield Grade School Rated A-
  • Deck
  • Recreation Room

About This Home

As of September 2022

Welcome to this fabulous split level in Prospect Heights boasting many luxurious updates & loads of natural light throughout! You will immediately be impressed by this meticulously maintained home when you are welcomed into the spacious foyer flowing into the living and dining rooms showcasing gleaming hardwood floors! The dining room has a patio door leading to a delightful deck! A high end, stylish kitchen with custom cabinets, double oven and all stainless steel appliances is a showstopper. The family room features a fireplace, a beamed ceiling and sliding doors to the patio. There is also a gorgeous half bath and laundry room on this level. Upstairs is a spacious primary suite with a walk-in closet, beautiful bathroom and an attached balcony for you to enjoy your morning coffee or reading! There are three additional bedrooms upstairs and a stunning bathroom! The finished basement is perfect for a recreation room or fifth bedroom. Enjoy the fantastic, serene, large backyard boasting mature trees and a great deck and patio for entertaining! Walking distance to lakes & located in the Hersey High School District! It's a must see!

Last Agent to Sell the Property

Karen Gatta

Baird & Warner License #471007723 Listed on: 07/21/2022

Baird & Warner

Last Buyer's Agent

Martin Conneely

VeryApt Illi LLC License #471016950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,170

Year Built

  • Built in 1980

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 100 x 300
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Shades
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Unfinished Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry

Finished Basement

  • Partial Basement
  • Sump Pump
  • Basement Window Egress

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed

Schools

  • Macarthur Middle School
  • John Hersey High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Power Generator
  • Well
  • Water Softener is Owned

Community Details

  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,170

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Some Carpeting, Drapes/Blinds, Separate Dining Room
  • LivingArea: 2338
  • Other Equipment: Humidifier, Water-Softener Owned, Central Vacuum, Security System, Ceiling Fan(s), Sump Pump, Air Purifier, Backup Sump Pump;, Generator
  • Room Type: Recreation Room, Eating Area, Foyer, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Egress Window
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: Sliding Glass Door(s)
  • Window Features: Shades
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar,Stucco

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: John Hersey High School
  • Middle/Junior School: Macarthur Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.6818
  • Lot Dimensions: 100 X 300
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12169.63
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Krygeris Algirdas A and Krygeris Debra A
Bought by
Krygeris Algirdas A and Krygeris Debra A
Current Estimated Value
$606,587

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 16, 2019
Sold by
Erickson John E
Bought by
Krygeris Algirdas A and Krygeris Debra A
Seller's Agent
Gretchen Gullo
@properties Christie?s International Real Estate
Buyer's Agent
Tracey Galitz
Baird & Warner
List Price
$479,900
Sold Price
$453,333
Premium/Discount to List
-$26,567
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$226,500
Outstanding Balance
$143,871
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$462,716

Purchase Details

Closed on
Aug 27, 2007
Sold by
Erickson John E
Bought by
Erickson John E and John E Erickson Declaration Of Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Krygeris Algirdas A -- None Available
Krygeris Algirdas A $453,000 Attorney Ttl Guaranty Fund I
Erickson John E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krygeris Algirdas A $226,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $540,000 -1.8% $231 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $550,000 +21.3% $235 / Sq Ft
05/26/2019 05/26/19 Sold $453,333 -3.5% $194 / Sq Ft View Prior Sale
03/23/2019 03/23/19 Pending -- -- --
03/15/2019 03/15/19 Price Changed $469,900 -2.1% $201 / Sq Ft
03/05/2019 03/05/19 For Sale $479,900 -- $205 / 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 $11,626 $42,000 $11,880 $30,120
2023 $10,871 $42,000 $11,880 $30,120
2022 $10,871 $42,000 $11,880 $30,120
2021 $11,475 $38,325 $10,395 $27,930
2020 $12,170 $38,325 $10,395 $27,930
2019 $10,401 $42,870 $10,395 $32,475
2018 $10,190 $39,147 $8,910 $30,237
2017 $10,109 $39,147 $8,910 $30,237
2016 $9,920 $39,147 $8,910 $30,237
2015 $9,250 $33,938 $7,425 $26,513
2014 $9,450 $34,802 $7,425 $27,377
2013 $10,141 $36,071 $7,425 $28,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11471330

Midwest Real Estate Data (MRED)

APN: 03-22-415-010-0000