NOT LISTED FOR SALE

126 E Olive St Arlington Heights, IL 60004

Estimated Value: $789,000 - $878,000

4 Beds
3 Baths
2,774 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $386,809 $139 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,605/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Walk-In Pantry
  • Olive-Mary Stitt Elementary School Rated A-
  • Whirlpool Bathtub
  • 5-minute walk to Greens Park

About This Home

As of March 2016

Absolutely lovely colonial home in Arlington Heights with partial brick finish just waiting to be shown! Beautiful family room with vaulted ceilings, decorative lighting, a soaring floor to ceiling stone fireplace complete with wood mantle. Sliding doors lead to outdoor wood deck. Separate dining room with elegant lighting. Spacious master bedroom with master bath features step up whirlpool tub finished in tile surround. No seller disclosures. HUD HOME SOLD AS-IS. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. SELLING BROKER TO VERIFY ALL INFORMATION.

Last Agent to Sell the Property

Joseph Mueller

Tanis Group Realty License #471006369 Listed on: 12/24/2015

Last Buyer's Agent

Amy Foote

Compass License #475138703

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,423

Year Built

  • 1988

Lot Details

  • 9,583

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,423

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X16, On Level: Main Level
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 08X06, On Level: Main Level
  • Dining Room: Dimensions: 13X11, On Level: Main Level
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X17, On Level: 2nd Level
  • Bedroom 2: Dimensions: 17X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level
  • Estimated Sq Ft: 2774
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X14, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Porch
  • Acreage: 0.2257

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 115 X 86
  • Parcel Identification Number: 03203020480000

Tax Info

  • Taxes: 13003.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2017
Sold by
Impact Renovations Llc
Bought by
Baldick Jason and Lord Kelly
Current Estimated Value
$837,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$371,541
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$465,500

Purchase Details

Listed on
Dec 24, 2015
Closed on
Mar 28, 2016
Sold by
Secretary Of Hud Of Washington D C
Bought by
Impact Renovation Llc
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Amy Foote
Compass
List Price
$505,000
Sold Price
$386,809
Premium/Discount to List
-$118,191
-23.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Oct 28, 2014
Sold by
Neal Iii Jon D O and Neal Melissa A O
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 22, 2008
Sold by
Oneal John D and Schultz Melissa A
Bought by
Oneal John D and Oneal Melissa A

Purchase Details

Closed on
Jun 29, 2005
Sold by
Ladehoff Kimerly S
Bought by
Oneal John D and Schultz Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 1994
Sold by
Ossler Michael
Bought by
Ladehoff Kimerly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.66%

Purchase Details

Closed on
Nov 5, 1993
Sold by
Ossler Sue Ellen
Bought by
Ossler Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.35%
Source: Public Records

Range of Values:

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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
Baldick Jason $560,000 Baird & Warner Title Service
Impact Renovation Llc -- Baird & Warner Title Service
Secretary Of Housing & Urban Development -- None Available
Oneal John D -- Stewart Title Of Illinois
Oneal John D $410,000 Centennial Title Incorporate
Ladehoff Kimerly S $360,000 1St American Title
Ossler Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldick Jason $448,000
Previous Owner Oneal John D $358,000
Previous Owner Ladehoff Kimerly S $192,000
Previous Owner Ossler Michael $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $386,809 -14.9% $139 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
02/14/2016 02/14/16 Price Changed $454,500 -10.0% $164 / Sq Ft
12/24/2015 12/24/15 For Sale $505,000 -- $182 / 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 $14,423 $56,000 $9,833 $46,167
2023 $13,863 $56,000 $9,833 $46,167
2022 $13,863 $56,000 $9,833 $46,167
2021 $14,717 $48,890 $6,145 $42,745
2020 $14,336 $48,890 $6,145 $42,745
2019 $14,263 $54,323 $6,145 $48,178
2018 $15,372 $52,676 $5,408 $47,268
2017 $15,191 $52,676 $5,408 $47,268
2016 $15,313 $56,932 $5,408 $51,524
2015 $13,394 $45,363 $4,670 $40,693
2014 $13,003 $45,363 $4,670 $40,693
2013 $12,676 $45,363 $4,670 $40,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09106284

Midwest Real Estate Data (MRED)

APN: 03-20-302-048-0000