NOT LISTED FOR SALE

1410 E Olive St Arlington Heights, IL 60004

Estimated Value: $388,623 - $458,000

1.03 Acres
$410,983 Price per Acre
44,867 Sq Ft Lot

Last Sold May 02, 2023

Last sale price $360,000

Est. 18% increase in value since last sale

Current estimated payment $2,553/month

4 Days on Market

About This Lot

As of May 2023

!!!!!!ATTENTION BUILDERS!!!!! ONE ACRE LOT AVAILABLE TO BUILD THE PROPERTY OF YOUR DREAMS ON A NICE AND PRESTIGIOUS AREA ON OLIVE STREET SURROUNDED BY NEWER CONSTRUCTION/HOMES. PERMITS THROUGH PROSPECT HEIGHTS. CITY-SEWER, WELL WATER. VACANT LOT DRIVE BY.

Last Listed By

German Llanos

24 Hour Real Estate LLC License #471001789 Listed on: 04/05/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,043

Year Built

  • 1946

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 100x407x501
  • Property is zoned SINGL

Schools

  • Dwight D Eisenhower Elementary S
  • Macarthur Middle School
  • John Hersey High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • No Heating
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$9,043

Year Built

1946

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1946

Interior Features

  • Possible Use: Single Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 100
  • Frontage Type: City Street
  • List Price: 360000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: Window/Wall Unit - 1, None
  • Heating: None
  • Utilities: None

Schools

  • Elementary School: Dwight D Eisenhower Elementary S
  • High School: John Hersey High School
  • Middle/Junior School: Macarthur Middle School
  • Middle/Junior School District: 23

Lot Info

  • Lot Size Acres: 1.03
  • Lot Dimensions: 100X407X501
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 9043
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 2, 2023
Sold by
Carrasco Fermin and Carrasco Angelica M
Bought by
Michael T Bucaro Revocable Trust and Lori A Rinaldi Revocable Trust
Seller's Agent
German Llanos
24 Hour Real Estate LLC
Buyer's Agent
Maria DelBoccio
@properties Christie's International Real Estate
List Price
$360,000
Sold Price
$360,000
Total Days on Market
4
Views
9
Current Estimated Value
$423,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,312
Avg. Annual Appreciation
8.25%
Original Mortgage
$250,000
Outstanding Balance
$171,400
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$251,107

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 25, 2019
Sold by
Virgilio Leone Diana
Bought by
Carrasco Fermin and Carrasco Angelica M
Seller's Agent
Joe Zivoli
USA Real Estate Ltd.
Buyer's Agent
German Llanos
24 Hour Real Estate LLC
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$243,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2019
Closed on
Oct 31, 2019
Sold by
Schubert John and Schubert Anna
Bought by
Emilio Virgilio Living Trust
Seller's Agent
Joe Zivoli
USA Real Estate Ltd.
Buyer's Agent
German Llanos
24 Hour Real Estate LLC
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2009
Sold by
Bambina Virgilio Emilio and Bambina Virgilio
Bought by
Virgilio Emilio and Emilio Virgilio Living Trust

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Property in Arlington Heights, IL

  • 2822 Jackson Dr, Arlington Heights, IL 60004

    $329,000

    • Land
    • 1.23 Acres
    • $267,480 per Acre
    • 2822 Jackson Dr
    • Arlington Heights, IL

    BUILDERS*DEVELOPERS* MANY POSSIBILITIES AVAILABLE WITH THIS PROPERTY 1.23 ACHES next 2812 Jackson total 3.23 ache $689,000 together, electric,gas and well water in the 2812 Jackson site single house or multi unit PROPERTY ALSO FOR SALE* CUSTOM HOMESITE * Property was annexed to Wheeling in 2003 but still has an Arlington Heights mailing address.

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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
Michael T Bucaro Revocable Trust $360,000 Old Republic National Title
Carrasco Fermin $270,000 Attorneys Ttl Guaranty Fund
Emilio Virgilio Living Trust -- None Available
Virgilio Emilio -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael T Bucaro Revocable Trust $250,000
Previous Owner Carrasco Fermin $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $360,000 0.0% --
04/10/2023 04/10/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $360,000 +33.3% --
11/25/2019 11/25/19 Sold $270,000 -9.7% --
10/14/2019 10/14/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $299,000 -- --
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 $2,472 $9,043 $9,043 --
2023 $2,472 $9,043 $9,043 --
2022 $2,472 $9,043 $9,043 $0
2021 $2,872 $9,043 $9,043 $0
2020 $2,782 $9,043 $9,043 $0
2019 $9,420 $34,272 $9,043 $25,229
2018 $15,355 $51,129 $7,912 $43,217
2017 $15,189 $51,129 $7,912 $43,217
2016 $14,143 $51,129 $7,912 $43,217
2015 $13,150 $42,896 $6,782 $36,114
2014 $13,045 $42,896 $6,782 $36,114
2013 $12,753 $42,896 $6,782 $36,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11752178

Midwest Real Estate Data (MRED)

APN: 03-21-304-013-0000