NOT LISTED FOR SALE

109 E Olive Ave Prospect Heights, IL 60070

Estimated Value: $516,000 - $559,000

3 Beds
2 Baths
2,000 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $430,000 $215 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,636/month

12 Days on Market

Highlights

  • Landscaped Professionally
  • Wooded Lot
  • Wood Flooring
  • Anne Sullivan Elementary School Rated A-
  • English Architecture
  • Main Floor Bedroom

About This Home

As of April 2021

Your dream family home awaits you in award winning John Hersey High School district! Beautifully renovated single family residence on an expansive and private back yard. Renovated kitchen with quartz countertops, stainless steel appliances, copper farmhouse sink and large kitchen island. Spacious dinning room adjacent to the kitchen. Main floor office space perfect for all those working from home. Hardwood floors throughout the main level and master bedroom. Renovated bathrooms with modern vanities. Partial basement with new laminate flooring. Amazing back yard 100 wide x 300 feet deep with new stone paver patio and firepit. Detached 2 car garage with large driveway for additional parking. Awesome location 1/2 block away from a nature preserve perfect for your morning walks with the family. Close to shopping, grocery stores, library, gym and pool. Great school district. Stop by for a private showing today.

Last Agent to Sell the Property

Michael Zapart

Compass License #475145813 Listed on: 03/13/2021

Compass

Last Buyer's Agent

James Lowry

JWL Realty LLC License #471012563

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1938 | 2017

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

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

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Main Floor Bedroom
  • Wood Burning Fireplace
  • Entrance Foyer
  • Dining Area
  • Home Office
  • Screened Porch
  • Lower Floor Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built | Renovated

1938 | 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 2000
  • Style Of House: English
  • Type Detached: 2 Stories
  • Estimated Year Built: 1938
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 9
  • Living Room: Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Wood Laminate
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X24, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer, Utility Room-Lower Level, Enclosed Porch, Eating Area, Office
  • Master Bedroom: Dimensions: 15X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 5X4, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Utility Room-Lower Level, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Enclosed Porch, Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X9, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Eating Area, Dimensions: 9X9, On Level: Main Level, Flooring: Parquet
  • Additional Room 5 Name: Office, Dimensions: 11X9, On Level: Main Level
  • Estimated Sq Ft: 2000
  • Estimated Total Finished Sq Ft: 2600
  • Basement Sq Ft: 600
  • Basement Finished Sq Ft: 600
  • Main Level Sq Ft: 1300
  • Upper Level Sq Ft: 700
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Block
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch Screened, Storms/Screens
  • Acreage: 0.6818

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 23
  • Elementary School #2: BETSY ROSS ELEMENTARY SCHOOL
  • Junior High/Middle School #2: MACARTHUR MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 100X300
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 03224050050000

Tax Info

  • Taxes: 10346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Erickson Renee Jean
Bought by
Renee J Erickson Trust and Erickson
Current Estimated Value
$531,645

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 30, 2021
Sold by
Soare Dan A and Patru Anca G
Bought by
Erickson Renee
Seller's Agent
Michael Zapart
Compass
Buyer's Agent
James Lowry
JWL Realty LLC
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$408,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2016
Closed on
Oct 27, 2016
Sold by
Kroli James M and Kroll Kendra B
Bought by
Danciu Soare Dan A and Danciu Patru Anca G
Seller's Agent
Deb Baker
Compass
Buyer's Agent
Michael Zapart
Compass
List Price
$369,800
Sold Price
$340,000
Premium/Discount to List
-$29,800
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$311,355
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1999
Sold by
Jackson Mark E and Jackson Carole L
Bought by
Kroll James M and Lewczyk Kendra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.68%
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

Date Buyer Sale Price Title Company
Renee J Erickson Trust -- None Listed On Document
Erickson Renee $430,000 Attorney
Danciu Soare Dan A $340,000 Burnet Title
Kroll James M $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Renee $408,500
Previous Owner Danciu Soare Dan A $311,355
Previous Owner Kroll James M $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $430,000 -4.4% $215 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $449,900 +32.3% $225 / Sq Ft
11/01/2016 11/01/16 Sold $340,000 -8.1% $173 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $369,800 -- $188 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $10,441 $45,000 $14,850 $30,150
2024 $10,441 $34,741 $11,880 $22,861
2023 $10,144 $34,741 $11,880 $22,861
2022 $10,144 $36,000 $11,880 $24,120
2021 $9,710 $32,942 $10,395 $22,547
2020 $9,475 $32,942 $10,395 $22,547
2019 $10,346 $39,932 $10,395 $29,537
2018 $8,533 $31,038 $8,910 $22,128
2017 $8,455 $31,038 $8,910 $22,128
2016 $8,121 $31,038 $8,910 $22,128
2015 $8,237 $28,839 $7,425 $21,414
2014 $8,167 $28,839 $7,425 $21,414
2013 $7,948 $28,839 $7,425 $21,414
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11020146

Midwest Real Estate Data (MRED)

APN: 03-22-405-005-0000