NOT LISTED FOR SALE

1518 W Olive Ave Unit GW Chicago, IL 60660

Andersonville Neighborhood

Estimated Value: $299,000 - $424,311

2 Beds
2 Baths
-- Sq Ft
$279/mo HOA Fee

Last Sold November 02, 2020

Last sale price $260,000

Est. 46% increase in value since last sale

Current estimated payment $2,865/month

12 Days on Market

Highlights

  • Granite Countertops
  • Walk-In Pantry
  • Breakfast Bar
  • Terrace
  • Fenced Yard
  • 3-minute walk to Mellin Park

About This Home

As of November 2020

Fantastic Andersonville 2/2 open concept condo. Kitchen boasts island breakfast bar, with granite, stainless steel appliances, and maple cabinets. En suite master bath with walk-in shower and heated floors. Fabulous, gated, private patio right outside the unit. Gas fireplace, central air, newer hot water heater. Great, flexible floor plan with niche for dining or office. Storage area right outside back door. One parking spot included! Washer dryer in unit. Steps to Jewel, Walgreens, restaurants, nightlife, boutiques, and the Red Line.

Last Agent to Sell the Property

Theresa Olson

Compass License #475145362 Listed on: 09/05/2020

Compass

Last Buyer's Agent

Iryna Dzhudzhuk

Core Realty & Investments Inc. License #475174372

Core Realty & Investments Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,881

Year Built

  • 1925

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $279 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Off Alley Driveway
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Patio
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,881

Year Built

1925

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: G
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X18, On Level: Main Level, Flooring: Porcelain Tile
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal
  • Equipment: Security System, CO Detectors
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 3X3, On Level: Main Level, Flooring: Porcelain Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 18X9, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet, Granite Counters
  • Additional Rooms: Terrace
  • Master Bedroom: Dimensions: 15X13, On Level: Main Level
  • Additional Room 1 Name: Terrace, Dimensions: 46X10, On Level: Main Level
  • Bedroom 2: Dimensions: 14X10, On Level: Main Level, Flooring: Porcelain Tile
  • Dining Room Type: Combined w/ LivRm

Exterior Features

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

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Off Alley
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Indv Controls

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 279
  • Management Contact Name: Self
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 14053260661002

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 3

Tax Info

  • Taxes: 5992.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Oct 24, 2020
Sold by
Pippen James
Bought by
Phan Ngoc and Ardis James
Seller's Agent
Theresa Olson
Compass
Buyer's Agent
Iryna Dzhudzhuk
Core Realty & Investments Inc.
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%
Current Estimated Value
$380,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,828
Avg. Annual Appreciation
7.98%
Original Mortgage
$234,000
Outstanding Balance
$166,322
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$214,506

Purchase Details

Listed on
Oct 15, 2015
Closed on
Dec 5, 2015
Sold by
Natarajan Vijayalakshmi and Morack Rasph
Bought by
Pippen James
Seller's Agent
Elizabeth LaTour
Baird & Warner
Buyer's Agent
Theresa Olson
Compass
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$216,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2012
Sold by
American General Mortgage Loan Trust #20
Bought by
Natarajan Vijayalakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Velis Jeffrey C
Bought by
American General Mortgage Loan Trust 200

Purchase Details

Closed on
Dec 18, 2001
Sold by
1518 West Olive Llc
Bought by
Velis Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
7.16%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Phan Ngoc $260,000 Chicago Title
Pippen James $240,000 Fidelity National Title
Natarajan Vijayalakshmi $135,000 Fidelity National Title
American General Mortgage Loan Trust 200 -- None Available
Velis Jeffrey C $217,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Ngoc $234,000
Previous Owner Pippen James $216,000
Previous Owner Natarajan Vijayalakshmi $128,250
Previous Owner Velis Jeffrey C $195,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2020 11/02/20 Sold $260,000 -3.3% --
09/17/2020 09/17/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $269,000 +12.1% --
12/11/2015 12/11/15 Sold $240,000 -4.0% -- View Prior Sale
10/23/2015 10/23/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $250,000 -- --
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 $6,881 $33,283 $8,090 $25,193
2023 $6,708 $32,612 $6,505 $26,107
2022 $6,708 $32,612 $6,505 $26,107
2021 $6,853 $34,077 $6,504 $27,573
2020 $6,004 $30,056 $3,740 $26,316
2019 $5,992 $33,255 $3,740 $29,515
2018 $5,890 $33,255 $3,740 $29,515
2017 $5,396 $28,441 $3,252 $25,189
2016 $5,196 $28,441 $3,252 $25,189
2015 $4,731 $28,441 $3,252 $25,189
2014 $4,292 $25,702 $2,479 $23,223
2013 $4,196 $25,702 $2,479 $23,223
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10848738

Midwest Real Estate Data (MRED)

APN: 14-05-326-066-1002