NOT LISTED FOR SALE

194 Olmsted Rd Riverside, IL 60546

Estimated Value: $652,000 - $885,000

5 Beds
3 Baths
2,456 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $560,000 $228 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,292/month

48 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Steam Shower
  • Central Elementary School Rated A
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of July 2015

Architecturally Significant Chicago Octagon Style Brick Bungalow in Prime Location. Character abounds! Exquisite Stained Glass Windows in Dramatic Living & Dining Rms w/Arched Windows & Doorways, Hardwood Flrs & Walnut Wdwk. Kitchen w/Granite Counters, Island, & Breakfast Rm, 5 Bedrooms, 2 Full & 1 Half Bath, Finished Lower Level w/Family Rm, Exercise Rm, & Office. Screened Porch. Yard w/Patio & Pond. Close to Metra

Last Agent to Sell the Property

Carole Peters

@properties Christie's International Real Estate License #475100806 Listed on: 03/02/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Elaine Pagels

Berkshire Hathaway HomeServices Chicago License #475126868

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,923

Year Built

  • 1928

Lot Details

  • 10,019

Parking

  • Detached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Breakfast Room
  • Screened Porch
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Steam Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Patio
  • Southern Exposure
  • The property is located in a historic district

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,923

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Historical District
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1928
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 19X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Bathroom Amenities: Steam Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 21X11, On Level: Basement
  • Dining Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: 5th Bedroom, Breakfast Room, Exercise Room, Screened Porch
  • Master Bedroom: Dimensions: 22X20, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 08X07, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 20X18, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Screened Porch, Dimensions: 14X12, On Level: Main Level
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Exercise Rm, Dimensions: 14X14, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2456
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X17, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch Screened
  • Exposure: S (South)
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Baseboard, Radiators

Schools

  • School District: 208
  • Middle School: L J HAUSER JUNIOR HIGH SCHOOL
  • High School: RIVERSIDE BROOKFIELD TWP SENIOR
  • Junior High Dist: 96

Lot Info

  • Lot Dimensions: 49 X 217 X 216 X 45
  • Parcel Identification Number: 15364030330000

Tax Info

  • Taxes: 13060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
Jul 6, 2015
Sold by
Krug Ronald B and Krug Domenica
Bought by
Corcoran Daniel J and Corcoran Elizabeth S
Seller's Agent
Carole Peters
@properties Christie's International Real Estate
Buyer's Agent
Elaine Pagels
Berkshire Hathaway HomeServices Chicago
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Total Days on Market
48
Current Estimated Value
$750,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,868
Avg. Annual Appreciation
3.26%
Original Mortgage
$417,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Krug Ronald B and Krug Domenica
Bought by
Krug Ronald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2002
Sold by
Krug Ronald B
Bought by
Krug Ronald B and Krug Domenica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
6.08%

Purchase Details

Closed on
May 24, 2002
Sold by
Krug Ronald and Krug Domenica
Bought by
Krug Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Lempa Joseph C and Lempa Mary S
Bought by
Krug Ronald and Krug Domenica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Interest Rate
7.22%
Source: Public Records

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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
Corcoran Daniel J $560,000 Cti
Krug Ronald B -- Cti
Krug Ronald B -- --
Krug Ronald -- --
Krug Ronald $452,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran Daniel J $412,200
Closed Corcoran Daniel J $417,000
Closed Corcoran Daniel J $31,000
Previous Owner Krug Ronald B $495,000
Previous Owner Krug Ronald B $39,000
Previous Owner Krug Ronald $463,000
Previous Owner Krug Ronald B $458,000
Previous Owner Krug Ronald $360,000
Previous Owner Krug Ronald $356,000
Previous Owner Krug Ronald Brian $95,250
Previous Owner Krug Ronald $361,600
Previous Owner Lempa Joseph C $240,000
Previous Owner Lempa Joseph C $76,500
Previous Owner Lempa Joseph C $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2015 07/06/15 Sold $560,000 -3.3% $228 / Sq Ft
04/19/2015 04/19/15 Pending -- -- --
03/18/2015 03/18/15 Price Changed $579,000 -3.3% $236 / Sq Ft
03/02/2015 03/02/15 For Sale $599,000 -- $244 / 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 $12,923 $56,000 $10,020 $45,980
2023 $12,923 $56,000 $10,020 $45,980
2022 $12,923 $37,160 $8,768 $28,392
2021 $12,450 $37,159 $8,767 $28,392
2020 $12,124 $37,159 $8,767 $28,392
2019 $12,843 $39,919 $8,016 $31,903
2018 $12,464 $39,919 $8,016 $31,903
2017 $16,373 $52,909 $8,016 $44,893
2016 $13,383 $40,500 $7,014 $33,486
2015 $13,033 $40,500 $7,014 $33,486
2014 $12,829 $40,500 $7,014 $33,486
2013 -- $44,494 $7,014 $37,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08850354

Midwest Real Estate Data (MRED)

APN: 15-36-403-033-0000