NOT LISTED FOR SALE

206 E Olive Ave Prospect Heights, IL 60070

Estimated Value: $515,000 - $616,174

4 Beds
2 Baths
2,241 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $350,000 $156 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,916/month

71 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Recreation Room
  • Anne Sullivan Elementary School Rated A-
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of April 2016

ABSOLUTELY STUNNING IS THIS WONDERFULLY REMODELED, UPDATED & EXPANSIVE 2 STORY HOME!!! NEWER ROOF, SIDING, WINDOWS, ELECTRICAL SERVICE, ASPHALT DRIVE...REFINISHED OAK FLRS THRU-OUT MOST OF HOME, CUSTOM PAINT & COLORS...NEWER FURNACES & CA UNITS...UPDATED KITCHEN W/NEW SS APPLIANCES...UPDATED BATHS...JUST MOVE RIGHT IN & ENJOY!!! GOOD SIZED KITCHEN W/EATING AREA OPENS INTO BOTH THE FAMILY ROOM ON ONE SIDE AND AN AWESOME REC ROOM ON THE OTHER SIDE THAT FEATURES A SMALL KITCHENETTE FOR ENTERTAINING. REC RM IS "SICK" FEATURING 10' CEILINGS, NUMEROUS CAN LIGHTS & WINDOWS AND ATRIUM DOORS TO CUSTOM BRICK PAVER PATIO & FENCED BACK YARD...KNOW WHERE YOUR CHILDREN AND PETS ARE AT ALL TIMES!!! MAIN FLOOR MASTER SUITE W/PRIVATE BATH CAN EASILY BE AN INLAW SUITE TOO IF NEEDED. 2ND BEDROOM ON 2ND FLOOR IS HUGE AND WAS THE ORIGINAL MASTER BDRM. ENJOY GREAT PARTIES, PLAY GAMES ETC IN THE HUGE .68 ACRE LOT THAT IS SPECTACULARLY LANDSCAPED AND MAINTAINED. THIS IS A MUST SEE HOME IN A GREAT LOCATION!!!

Last Agent to Sell the Property

Rick O'Connor

Realty Executives Cornerstone License #471008196 Listed on: 11/16/2015

Realty Executives Cornerstone

Co-Listed By

Larry Lang

Realty Executives Cornerstone License #475115163

Last Buyer's Agent

Joanne Matik

Berkshire Hathaway HomeServices Starck Real Estate

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,725

Year Built

  • 1941

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Clad Trim

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Area
  • Recreation Room
  • First Floor Utility Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Well

Listing and Financial Details

  • $3 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,725

Year Built

1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 2nd Kitchen, Eating Area, Recreation Room, Utility Room-1st Floor
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Eating Area, Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Room 2 Name: Recreation Rm, Dimensions: 24X15, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 2: Dimensions: 17X16, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Blinds
  • Additional Room 3 Name: 2nd Kitchen, Dimensions: 12X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: Utility Room-1st Floor, Dimensions: 8X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 2241
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X19, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding, Brick, Clad Trim
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio, Storms/Screens
  • Acreage: 0.6818

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Indv Controls, Zoned

Schools

  • Junior High Dist: 23
  • Elementary School #2: BETSY ROSS ELEMENTARY SCHOOL
  • Junior High/Middle School #2: MACARTHUR MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 100 X 298
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 03224160100000

Tax Info

  • Taxes: 9218.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Apr 12, 2016
Sold by
Locascio Michael E and Locascio Susan C
Bought by
Bur Stephen Von De and Bur Kristine Von De
Seller's Agent
Rick O'Connor
Realty Executives Cornerstone
Buyer's Agent
Joanne Matik
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$574,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,544
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Locascio Michael E and Locascio Susan C
Bought by
Locascio Michael E and Locascio Susan C

Purchase Details

Closed on
Apr 18, 2007
Sold by
Locascio Michael and Locascio Michael J
Bought by
Locascio Michael and Locascio Michael E
Source: Public Records

Range of Values:

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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
Bur Stephen Von De $350,000 Stewart Title
Locascio Michael E -- None Available
Locascio Michael -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $350,000 -2.8% $156 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $359,900 -- $161 / 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 $10,725 $39,000 $11,880 $27,120
2023 $10,026 $39,000 $11,880 $27,120
2022 $10,026 $39,000 $11,880 $27,120
2021 $12,849 $42,516 $10,395 $32,121
2020 $12,515 $42,516 $10,395 $32,121
2019 $12,508 $47,558 $10,395 $37,163
2018 $9,296 $33,507 $8,910 $24,597
2017 $9,210 $33,507 $8,910 $24,597
2016 $8,823 $33,507 $8,910 $24,597
2015 $9,554 $33,031 $7,425 $25,606
2014 $9,470 $33,031 $7,425 $25,606
2013 $9,219 $33,031 $7,425 $25,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09088001

Midwest Real Estate Data (MRED)

APN: 03-22-416-010-0000