NOT LISTED FOR SALE

1518 W Olive Ave Unit 3E Chicago, IL 60660

Andersonville Neighborhood

Estimated Value: $448,000 - $623,000

2 Beds
2 Baths
1,300 Sq Ft
$422/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $315,000 $242 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,900/month

12 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Balcony
  • Deck
  • Walk-In Pantry
  • 3-minute walk to Mellin Park

About This Home

As of May 2013

ANDERSONVILLE 2BR/2BTH WITH 11FT CEILINGS IN LIVRM GARAGE. HUD CASE #137-545388. SOLD "AS IS". AN EQUAL HOUSING OPPORTUNITY. ALL INFO DEEMED RELIABLE BUT NOT GUARANTEED. NO SURVEY OR TERMITE PROVIDED BY SELLER. BUYER IS RESPONSIBLE FOR ANY/ALL REPAIRS. SELLER DOES NOT TURN ON UTILITIES. ONLY OWNER-OCCUPIED, GOVT AGENCY, NONPROFIT FIRST 10 DAYS. NO RENTALS.

Last Agent to Sell the Property

Shelia Blockson

Signature Landmark Reo INC. License #471009362 Listed on: 03/20/2013

Last Buyer's Agent

Todd Szwajkowski

Baird & Warner License #471010496

Baird & Warner

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,554

Year Built

  • 1918

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $369 per month

Parking

  • Detached Garage
  • Off Alley Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Outdoor Features

  • Balcony
  • Deck
  • Patio

Additional Features

  • North or South Exposure
  • Property is near a bus stop
  • Forced Air Heating System

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$7,554

Year Built

1918

Lot Details

0

HOA Fees

$369 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Type Attached: Condo, Flat, Vintage
  • Unit Floor Level: 3
  • Special Features: 20
  • Stories: 3
  • Year Built: 1918

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplaces: 1
  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Equipment: Humidifier, Intercom, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished, Unfinished
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X14
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Second Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 22X15
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 10X12
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 10X12
  • Kitchen Flooring: Hardwood
  • Additional Rooms: Balcony, Deck
  • Additional Room 1 Name: Balcony
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 11X7
  • Additional Room 2 Name: Deck
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 12X6

Exterior Features

  • Roof: Rubber
  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Patio, Storms/Screens
  • Exposure: N (North), S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Off Alley

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment/Association Fees: 369
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: SELF-MANAGED

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Lot Description: Landscaped Professionally

Multi Family

  • Total Number Unitsin Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
May 6, 2013
Sold by
Secretary Of Hud
Bought by
Getzloff John W
Seller's Agent
Shelia Blockson
Signature Landmark Reo INC.
Buyer's Agent
Todd Szwajkowski
Baird & Warner
List Price
$240,000
Sold Price
$315,000
Premium/Discount to List
$75,000
31.25%
Current Estimated Value
$548,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,868
Avg. Annual Appreciation
4.55%
Original Mortgage
$220,500
Outstanding Balance
$155,474
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$393,394

Purchase Details

Closed on
Dec 18, 2012
Sold by
Stevens Sian E
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Nov 16, 2009
Sold by
Leboutillier Richard W
Bought by
Stevens Sian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,823
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2001
Sold by
1518 West Olive Llc
Bought by
Leboutillier Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.87%
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
Getzloff John W -- Chicago Title & Trust Compan
The Secretary Of Hud -- None Available
Stevens Sian E $341,000 Chicago Title Insurance Comp
Leboutillier Richard W $323,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getzloff John W $220,500
Previous Owner Stevens Sian E $334,823
Previous Owner Leboutillier Richard W $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold $315,000 +31.3% $242 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $240,000 -- $185 / 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 $7,554 $39,921 $9,704 $30,217
2023 $7,342 $39,117 $7,802 $31,315
2022 $7,342 $39,117 $7,802 $31,315
2021 $7,550 $40,874 $7,801 $33,073
2020 $7,340 $36,051 $4,486 $31,565
2019 $7,325 $39,888 $4,486 $35,402
2018 $7,201 $39,888 $4,486 $35,402
2017 $6,617 $34,113 $3,900 $30,213
2016 $6,332 $34,113 $3,900 $30,213
2015 $5,770 $34,113 $3,900 $30,213
2014 $5,243 $30,829 $2,974 $27,855
2013 $5,129 $30,829 $2,974 $27,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08296608

Midwest Real Estate Data (MRED)

APN: 14-05-326-066-1007