NOT LISTED FOR SALE

1524 Olivia Ln Hanover Park, IL 60133

Estimated Value: $338,000 - $373,000

3 Beds
2 Baths
1,600 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $318,500 $199 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,471/month

1 Day on Market

Highlights

  • Patio
  • Living Room
  • Forced Air Heating and Cooling System
  • Jane Addams Junior High School Rated A
  • Laundry Room
  • Dining Room

About This Home

As of May 2022

Recently rehabbed ready to move in beautiful house in schaumburg school district. New laminate flooring, fresh paint throughout. Newer kitchen with granite counter tops. Brick patio in a large yard. Updated bathroom and spacious family room for entertaining. New roof -2019, new water heater - 2020, newer furnace.

Last Agent to Sell the Property

Pankti Patel

USA Realty Group Inc License #475171170 Listed on: 04/27/2022

Last Buyer's Agent

Vitalina Bench

Keller Williams Infinity License #475193681

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1972 | Remodeled in 2022

Lot Details

  • 7,802

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 7,802 Sq Ft Lot

Community Details

  • Hanover Highlands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,653

Year Built

Built in 1972 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: Hanover Highlands
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick, Synthetic Stucco
  • List Price: 319900
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Storm Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 54

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1791
  • Lot Dimensions: 7800
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4652.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2015
Sold by
Patel Amit
Bought by
Patel Mitesh
Current Estimated Value
$357,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,325
Outstanding Balance
$148,606
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$208,541

Purchase Details

Closed on
Aug 12, 2014
Sold by
Forest Ave Prop Llc
Bought by
Patel Amit

Purchase Details

Closed on
Aug 29, 2013
Sold by
Rabicka Wioletta and Dubiel Liszek
Bought by
Forest Avenue Properties Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Ramos Eulogio
Bought by
Dubiel Leszek and Rabicka Wioletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 28, 2004
Sold by
Ramos Eulogio and Ocampo Bernardo
Bought by
Ramos Eulogio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1999
Sold by
Rivers Philip M and Rivers Kathleen L
Bought by
Ramos Eulogio and Ocampo Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,176
Interest Rate
7.78%
Mortgage Type
FHA
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
Patel Mitesh $200,000 Fidelity National Title
Patel Amit $135,000 --
Patel Amit $135,000 --
Patel Amit $135,000 --
Forest Avenue Properties Llc $99,500 None Available
Dubiel Leszek $222,000 Git
Ramos Eulogio -- Exeter Title Company
Ramos Eulogio $140,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mitesh $193,325
Previous Owner Dubiel Leszek $177,600
Previous Owner Ramos Eulogio $169,500
Previous Owner Ramos Eulogio $138,176
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $318,500 -0.4% $199 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $319,900 -- $200 / 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 $6,913 $25,000 $5,070 $19,930
2023 $6,672 $25,000 $5,070 $19,930
2022 $6,672 $25,000 $5,070 $19,930
2021 $4,636 $16,368 $3,315 $13,053
2020 $4,653 $16,368 $3,315 $13,053
2019 $4,723 $18,392 $3,315 $15,077
2018 $5,059 $17,644 $2,925 $14,719
2017 $4,183 $18,115 $2,925 $15,190
2016 $6,731 $20,444 $2,925 $17,519
2015 $6,429 $18,028 $2,535 $15,493
2014 $6,314 $18,028 $2,535 $15,493
2013 -- $18,028 $2,535 $15,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11387211

Midwest Real Estate Data (MRED)

APN: 07-30-108-028-0000