NOT LISTED FOR SALE

1317 E Olive St Arlington Heights, IL 60004

Estimated Value: $512,000 - $637,000

3 Beds
2 Baths
1,950 Sq Ft
$301/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2024

Last sale price $435,000 $223 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,104 / mo

10 Days on Market

Highlights

  • Second Garage
  • Heated Floors
  • Wood Burning Stove
  • Olive-Mary Stitt Elementary School Rated A-
  • Mature Trees
  • Property is near park

About This Home

As of November 2024

So much potential! Rarely found over half acre lot in Sought after Arlington Heights. This all-brick ranch has almost 2000 square feet of living area. Enjoy one-story living with an abundance of natural light and spacious living areas! Featuring vaulted ceilings throughout, the home is ready for your creative touch and decorating ideas. The large primary bath boasts 2 separate vanities, separate jetted tub, and a walk-in shower-a perfect retreat for relaxation. Step outside to enjoy the covered patio that extends the length of the backyard, providing a great space for outdoor entertaining. A detached 2-car garage with a large workshop is ideal for hobbies or extra storage, and there's an additional third garage space located at the back of the lot, perfect for extra vehicles or storage needs. The home also features a small workroom that can easily be transformed into a mudroom to suit your lifestyle. Sitting on one of the largest lots in the sought-after Olive/Thomas/Hersey school districts, the yard is partially fenced and offers ample room for expansion. Bring your vision and make this home your own! Roof recently replaced in 2022. Whether you're looking for a cozy retreat or to maximize its potential, this property is well maintained but ready for your personal touch.

Last Agent to Sell the Property

Jen Ortman

Berkshire Hathaway HomeServices Starck Real Estate License #471009586 Listed on: 10/25/2024

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Elya Schwartz

Tolstoy Realty License #475144732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,414

Year Built

  • Built in 1956

Lot Details

  • 24,829 Sq Ft Lot
  • Lot Dimensions are 88x296
  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 3 Car Detached Garage
  • Second Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Heated Floors
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Olive-Mary Stitt Elementary School
  • Thomas Middle School
  • John Hersey High School

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Private or Community Septic Tank

Additional Features

  • Patio
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,414

Year Built

Built in 1956

Lot Details

0.57 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1950
  • Room Type: Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Mature Trees, Partial Fencing
  • OtherStructures: Second Garage, Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Olive-Mary Stitt School
  • High School: John Hersey High School
  • Middle/Junior School: Thomas Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.57
  • Lot Dimensions: 88X296
  • Rural (Y/N): Y
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11414
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

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
Oct 25, 2024
Closed on
Nov 14, 2024
Sold by
Bought by
Seller's Agent
Jen Ortman
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Elya Schwartz
Tolstoy Realty
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Views
103
Current Estimated Value
$587,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,149
Avg. Annual Appreciation
20.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
$435,000 None Listed On Document
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
11/18/2024 11/18/24 Sold $435,000 +2.4% $223 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $425,000 -- $218 / 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 $11,414 $59,000 $27,983 $31,017
2024 $11,414 $45,010 $22,510 $22,500
2023 $10,966 $45,010 $22,510 $22,500
2022 $10,966 $45,010 $22,510 $22,500
2021 $11,970 $43,094 $19,724 $23,370
2020 $11,727 $43,094 $19,724 $23,370
2019 $11,672 $47,883 $19,724 $28,159
2018 $10,567 $39,645 $17,258 $22,387
2017 $10,460 $39,645 $17,258 $22,387
2016 $9,992 $39,645 $17,258 $22,387
2015 $10,186 $37,121 $14,793 $22,328
2014 $9,931 $37,121 $14,793 $22,328
2013 $9,664 $37,121 $14,793 $22,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12194649

Midwest Real Estate Data (MRED)

APN: 03-20-410-020-0000

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