NOT LISTED FOR SALE

1458 E Olive St Palatine, IL 60074

Estimated Value: $624,000 - $818,683

5 Beds
4 Baths
3,400 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2016

Last sale price $485,000 $143 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,301 / mo

112 Days on Market

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Palatine High School Rated A
  • Wood Flooring
  • 3-minute walk to Rose Park

About This Home

As of December 2016

Pride of ownership abounds in this stunning Colonial with country-like setting, yet great access to train and expressways. Open floor plan, quality construction and Pottery Barn decor throughout. Hickory hardwood flooring with cherry finish laid on the diagonal in living room and kitchen. Family Room features a vaulted ceiling with skylights, brick Fireplace with raised hearth flanked by built in cabinetry. 2nd floor catwalk overlooks Family and Dining Rooms. Well designed dine-in Kitchen has pass through to Family Room and features custom cabinetry, granite counters, stainless appliances including a hidden dishwasher. Gas hook up already in place makes a switch from electric to gas stove easy. Main level Master and Laundry. All bedrooms have walk in closets. Attached garage plus 2nd detached garage, heated and wired for TV/sound offers enough space for RVs, boats, private man-cave, etc

Last Agent to Sell the Property

Roseann Schumacher

Century 21 Langos & Christian License #471002920 Listed on: 05/04/2016

Century 21 Langos & Christian

Last Buyer's Agent

Miguel Fernandez

HomeSmart Connect LLC License #475167239

Home Details

Home Type

  • Single Family

Year Built

  • 2006

Lot Details

  • 0.56

Parking

  • Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Storm Screens
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks

Outdoor Features

  • Patio
  • Porch

Utilities

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

Additional Features

  • Southern Exposure
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2006

Lot Details

0.56 Acres

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 6-10 Years
  • Full Bathrooms: 4
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 23X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Full
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 7X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 19X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Mud Room, Office
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 6 Name: Mud, Dimensions: 15X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Room 9 Name: 5th Bdrm, Dimensions: 11X10, On Level: Main Level
  • Additional Room 10 Name: Office, Dimensions: 17X8, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 3400
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 22X19, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Storms/Screens
  • Exposure: S (South)
  • Acreage: 0.5649

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 165 X 148
  • Parcel Identification Number: 02244030640000

Tax Info

  • Taxes: 13135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Barrio Gerardo F and Barrio Katherine I
Bought by
Gerardo & Katherine Barrio Family Trust and Barrio
Current Estimated Value
$754,671

Purchase Details

Listed on
May 4, 2016
Closed on
Nov 11, 2016
Sold by
Lange Corey M and Lange Kathleen H
Bought by
Barrio Gerardo F and Barrio Katherine L
Seller's Agent
Roseann Schumacher
Century 21 Langos & Christian
Buyer's Agent
Miguel Fernandez
HomeSmart Connect LLC
List Price
$539,875
Sold Price
$485,000
Premium/Discount to List
-$54,875
-10.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$260,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2001
Sold by
Meagher Thomas C and Meagher Mary B
Bought by
Lange Corey M and Lange Kathleen H

Purchase Details

Closed on
Jul 27, 1998
Sold by
Shiffer Joseph R and Shiffer Karen J
Bought by
Meagher Thomas C and Meagher Mary B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gerardo & Katherine Barrio Family Trust -- None Listed On Document
Barrio Gerardo F $485,000 Precision Title
Lange Corey M $252,500 1St American Title
Meagher Thomas C $167,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrio Gerardo F $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $485,000 -3.0% $143 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
06/22/2016 06/22/16 Price Changed $499,875 -4.8% $147 / Sq Ft
05/23/2016 05/23/16 Price Changed $524,875 -2.8% $154 / Sq Ft
05/04/2016 05/04/16 For Sale $539,875 -- $159 / 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 $15,553 $67,000 $17,226 $49,774
2024 $15,553 $55,000 $14,765 $40,235
2023 $15,154 $55,000 $14,765 $40,235
2022 $15,154 $55,000 $14,765 $40,235
2021 $14,953 $47,761 $8,613 $39,148
2020 $14,772 $47,761 $8,613 $39,148
2019 $14,768 $53,187 $8,613 $44,574
2018 $12,761 $42,721 $7,997 $34,724
2017 $13,616 $42,721 $7,997 $34,724
2016 $11,948 $42,721 $7,997 $34,724
2015 $13,259 $43,789 $7,382 $36,407
2014 $13,136 $43,789 $7,382 $36,407
2013 $12,792 $43,789 $7,382 $36,407
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Roseann Schumacher

    Century 21 Langos & Christian

    (847) 421-8702

    35 Total Sales

    Roseann Schumacher
    Section Image
  • Miguel Fernandez

    Buyer's Agent in 2016

    Miguel Fernandez

    HomeSmart Connect LLC

    (773) 259-1105

    1 Total Sale

    Miguel Fernandez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09214985

Midwest Real Estate Data (MRED)

APN: 02-24-403-064-0000

Illinois Cook County Palatine 60074

1458 E Olive St, Palatine, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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