$270,000
SOLD NOV 25, 2019

1410 E Olive St Arlington Heights, IL 60004

1.03 Acres
$262,136 Price per Acre
44,867 Sq Ft Lot

Recently Sold

10% Below List Price

7 Days on Market

About This Lot

As of May 2023

*****ATTENTION BUILDERS************ONE ACRE LOT!!!!!!!!!!!!BUILD YOUR OWN DREAM HOME ON A PRIME AND PRESTIGIOUS AREA ON OLIVE STREET SURROUNDED BY NEWER CONSTRUCTION/HOMES. PERMITS THROUGH PROSPECT HEIGHTS. CITY-SEWER, WELL WATER. VACANT LOT DRIVE BY. READY TO BUILD! WOODED LOT

Last Agent to Sell the Property

Joe Zivoli

USA Real Estate Ltd. License #471001855 Listed on: 10/07/2019

Last Buyer's Agent

German Llanos

24 Hour Real Estate LLC License #471001789

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,618

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

$2,618

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

Interior Features

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

Exterior Features

  • Frontage Length: 100
  • Frontage Type: City Street
  • List Price: 299000
  • 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: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2618
  • Tax Year: 2017
  • 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
Views
9
Current Estimated Value
$418,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,634
Avg. Annual Appreciation
6.66%
Original Mortgage
$250,000
Interest Rate
6.39%
Mortgage Type
New Conventional

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $360,000 Old Republic National Title
Deed $270,000 Attorneys Ttl Guaranty Fund
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,100,000 New Conventional
Closed $250,000 New Conventional
Previous Owner $243,000 New Conventional
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 $2,638 $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: 10540765

Midwest Real Estate Data (MRED)

APN: 03-21-304-013-0000