NOT LISTED FOR SALE

224 Olmsted Rd Riverside, IL 60546

Estimated Value: $651,918 - $685,000

4 Beds
3 Baths
1,865 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $430,000 $231 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,703/month

100 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • Recreation Room
  • Central Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2016

THIS CHARMING AND UPDATED TWO STORY WHITE COLONIAL WITH OPEN FRONT PORCH IS A GREAT FAMILY HOME. SPECIAL FEATURES INCLUDE LARGE FIRST FLOOR SOCIAL AREA, WITH A LARGE FOYER, HARDWOOD FLOORS, MANY WINDOWS WITH LOTS OF LIGHT, FORMAL LIVING ROOM AND DINING ROOM, FOUR BEDROOMS, TWO AND A HALF UPDATED BATHS, PLUS TERRIFIC LARGE UPDATED KITCHEN WITH GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, TABLE SPACE, BEAUTIFUL CABINETS WITH GREAT STORAGE AND WORK SPACE ADJACENT TO A FAMILY ROOM/DEN AND MUD ROOM. THE LOWER LEVEL INCLUDES LARGE CARPETED RECREATION ROOM WITH BOOK SHELVES AND BUILT IN CABINETS, ADDITIONAL OFFICE/OR FIFTH BEDROOM SPACE, LARGE LAUNDRY/UTILITY ROOM, PLUS STORAGE. A HUGE WALK UP UNFINISHED ATTIC OFFERS GREAT EXPANSION POTENTIAL AND/OR STORAGE. WALK OUT THE KITCHEN TO A LARGE DECK - PERFECT FOR ENTERTAINING - OVERLOOKING A PARK LIKE LANDSCAPED BACK YARD AND TWO CAR GARAGE.

Last Agent to Sell the Property

Carole Peters

@properties Christie's International Real Estate License #475100806 Listed on: 05/20/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Jeff Baker

@properties Christie's International Real Estate License #475152601

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1904

Lot Details

  • 9,148

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1904

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Interstate Access, Historical District
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1904
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1904

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Attic: Full, Interior Stair, Unfinished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X10, On Level: Basement
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer, Office, Recreation Room
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level
  • Additional Room 1 Name: Foyer, Dimensions: 15X09, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 10X06, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level
  • Additional Room 3 Name: Recreation Rm, Dimensions: 26X16, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X09, On Level: 2nd Level
  • Bedroom 4: Dimensions: 13X08, On Level: 2nd Level
  • Estimated Sq Ft: 1865
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Deck, Porch
  • Exposure: S (South)
  • Acreage: 0.2128

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Schools

  • Junior High Dist: 96

Lot Info

  • Lot Dimensions: 45 X 203 X 205 X 45
  • Parcel Identification Number: 15364030390000

Tax Info

  • Taxes: 10223.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Sep 30, 2016
Sold by
Benya Richard V and Benya Ellen C
Bought by
Elkins Timothy and Elkins Jennifer
Seller's Agent
Carole Peters
@properties Christie's International Real Estate
Buyer's Agent
Jeff Baker
@properties Christie's International Real Estate
List Price
$479,000
Sold Price
$430,000
Premium/Discount to List
-$49,000
-10.23%
Current Estimated Value
$665,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,480
Avg. Annual Appreciation
4.83%
Original Mortgage
$344,000
Outstanding Balance
$273,160
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$392,320

Purchase Details

Closed on
Mar 8, 2013
Sold by
Benya Richard V and Benya Ellen C
Bought by
Benya Richard V and Benya Ellen C

Purchase Details

Closed on
Dec 17, 2001
Sold by
Rodriguez Cesar A and Rodriguez Nelson Caroline
Bought by
Benya Richard V and Benya Ellen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Paschall James C and Paschall Mary C
Bought by
Rodriguez Cesar A and Rodriguez Nelson Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,900
Interest Rate
8.87%

Purchase Details

Closed on
Aug 12, 1994
Sold by
Cervenka Ronald J and Cervenka Diana L
Bought by
Paschall James C and Paschall Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elkins Timothy $430,000 Chicago Title Insurance
Benya Richard V -- None Available
Benya Richard V $405,000 Prairie Title
Rodriguez Cesar A $382,000 --
Paschall James C $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkins Timothy $344,000
Previous Owner Benya Richard V $275,000
Previous Owner Rodriguez Cesar A $362,900
Previous Owner Paschall James C $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $430,000 -6.3% $231 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
08/15/2016 08/15/16 Price Changed $459,000 -4.2% $246 / Sq Ft
06/09/2016 06/09/16 For Sale $479,000 0.0% $257 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $479,000 -- $257 / 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 $14,673 $43,437 $9,270 $34,167
2024 $14,673 $43,437 $9,270 $34,167
2023 $12,676 $49,181 $9,270 $39,911
2022 $12,676 $36,515 $8,111 $28,404
2021 $12,213 $36,515 $8,111 $28,404
2020 $11,895 $36,515 $8,111 $28,404
2019 $10,829 $34,197 $7,416 $26,781
2018 $10,917 $35,391 $7,416 $27,975
2017 $10,583 $35,391 $7,416 $27,975
2016 $10,671 $32,797 $6,489 $26,308
2015 $10,383 $32,797 $6,489 $26,308
2014 $10,224 $32,797 $6,489 $26,308
2013 $11,044 $38,031 $6,489 $31,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09232400

Midwest Real Estate Data (MRED)

APN: 15-36-403-039-0000