NOT LISTED FOR SALE

203 E Olive Ave Prospect Heights, IL 60070

Estimated Value: $562,000 - $691,000

5 Beds
3.5 Baths
3,327 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $549,000 $165 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,438/month

45 Days on Market

Highlights

  • Whirlpool Bathtub
  • Home Office
  • 1.5 Car Attached Garage
  • Bonfield Grade School Rated A-
  • Enclosed Patio or Porch
  • Walk-In Closet

About This Home

As of October 2022

YOUR OASIS AWAITS IN SOUGHT AFTER PROSPECT HEIGHTS!! 5 BEDROOM, 3 1/2 BATH 2-STORY HOUSE IS NESTLED ON NEARLY 3/4 ACRES LOT. THE PROPERTY BOOSTS A VARIETY OF FRUIT TREES AND PLANTS THAT IS PEREFECT FOR THE NOVICE OR EXPERT GARDNER. HARDWOOD FLOORING THROUGHOUT THE FIRST FLOOR. OPEN KITCHEN & FAMILY ROOM FEATURES 9' CEILINGS AND IS PERFECT FOR LARGE GATHERINGS AND ENTERTAINING!! MASTER SUITE HAS 2 LARGE WALK IN CLOSETS!! SPACE IS NO ISSUE HERE. FIRST FLOOR HAS A 5TH BEDROOM, OFFICE/DEN, LAUNDRY ROOM & ENDLESS STORAGE!! THE WORKSHOP IS A GREAT SPACE IF NEEDED BUT CAN EASILY BECOME MORE GARAGE SPACE TO THE ALREADY LARGE 1.5 CAR GARAGE!! GREAT SCHOOLS, CLOSE TO SHOPPING, DINING & MORE!! ROOF WAS A COMPLETE TEAR OFF IN 2018. 200-AMP ELECTRICAL SERVICE!! 10X20 SHED WITH 2 20-AMP SERVICE LINES. MUCH, MUCH MORE!! MAKE AN APPOINTMENT TODAY!!

Last Agent to Sell the Property

Louie Ruffolo

Parkvue Realty Corporation License #475174962 Listed on: 07/21/2022

Last Buyer's Agent

Michelle Petersen

Baird & Warner License #475202283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,521

Year Built

  • Built in 1940 | Remodeled in 1995

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 100x300

Parking

  • 1.5 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,327 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry Chute
  • Gas Dryer Hookup

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • John Hersey High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,521

Year Built

Built in 1940 | Remodeled in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1940
  • Age: 81-90 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: 1995
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1995

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 1
  • LivingArea: 3327
  • Room Type: Walk In Closet, Office, Enclosed Porch, Bedroom 5, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Bathroom: Full
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space,Pantry-Closet,Pantry

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Chute
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: John Hersey High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.68
  • Lot Dimensions: 100X300
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 11520.84
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $549,000 -1.8% $165 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $559,000 -- $168 / 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
2025 $10,820 $50,000 $14,850 $35,150
2024 $10,820 $36,000 $11,880 $24,120
2023 $8,409 $36,000 $11,880 $24,120
2022 $8,409 $36,000 $11,880 $24,120
2021 $11,762 $41,866 $10,395 $31,471
2020 $11,521 $41,866 $10,395 $31,471
2019 $11,524 $46,831 $10,395 $36,436
2018 $9,157 $33,056 $8,910 $24,146
2017 $10,104 $33,056 $8,910 $24,146
2016 $8,187 $33,056 $8,910 $24,146
2015 $8,654 $32,040 $7,425 $24,615
2014 $8,592 $32,040 $7,425 $24,615
2013 $8,349 $32,040 $7,425 $24,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11471359

Midwest Real Estate Data (MRED)

APN: 03-22-406-002-0000