NOT LISTED FOR SALE

2403 E Olive St Unit 2J Arlington Heights, IL 60004

Estimated Value: $167,000 - $175,000

1 Bed
1 Bath
900 Sq Ft
$285/mo HOA Fee

Last Sold May 11, 2020

Last sale price $110,000 $122 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,426/month

6 Days on Market

Highlights

  • Balcony
  • Anne Sullivan Elementary School Rated A-
  • Baseboard Heating

About This Home

As of May 2020

PERFECTLY METICULOUS REHAB ! Nice Size Dining Room Plus HUGE Living room. SPACIOUS Master Bdrm! . Brandenberry Park offers lots of open spaces for walking and bike-riding. Extremely well-maintained complex with lush landscaping including flower trees. Outdoor pool, tennis courts, and playground all provide awesome outdoor entertainment. Association Fee Includes Heat, Water, POOL & TENNIS! MUST See. No dog policy . Rental Permitted after 2 years of ownership.

Last Agent to Sell the Property

don Schein

Schein Realty LLC License #471018290 Listed on: 03/11/2020

Last Buyer's Agent

Paul Cho

RE/MAX Suburban License #471000252

RE/MAX Suburban

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,798

Year Built | Renovated

  • 1978 | 2020

Lot Details

  • 30.63

HOA Fees

  • $285 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,798

Year Built | Renovated

1978 | 2020

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1978
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1978
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 21X12, On Level: Main Level, Windows: Blinds
  • Equipment: TV-Cable, Intercom
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Windows: Blinds
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Windows: Blinds
  • Estimated Sq Ft: 900
  • Family Room: Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Cable Access

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned, Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Monday through Friday
  • Pet Information: No Pets
  • Assessment Includes: Heat, Gas, Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 285

Schools

  • Junior High Dist: 23

Lot Info

  • Lot Dimensions: 200 X 100
  • Lot Description: Common Grounds
  • Parcel Identification Number: 03214020141285

Multi Family

  • Total Number Unitsin Building: 24
  • Number Stories: 2

Tax Info

  • Taxes: 1579.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 16, 2020
Sold by
Rmjm Properties Llc
Bought by
Yoo Sungwon
Seller's Agent
don Schein
Schein Realty LLC
Buyer's Agent
Paul Cho
RE/MAX Suburban
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%
Current Estimated Value
$172,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,798
Avg. Annual Appreciation
8.44%
Original Mortgage
$88,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2019
Sold by
Gramith Steven and Nationstar Mortgage Llc
Bought by
Rmjm Properties Llc

Purchase Details

Closed on
Aug 27, 1999
Sold by
Walter Armella D
Bought by
Gramith Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.77%
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
Yoo Sungwon $110,000 Fidelity National Title
Rmjm Properties Llc $62,000 None Available
Gramith Pamela $74,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoo Sungwon $88,000
Previous Owner Gramith Pamela $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2020 05/11/20 Sold $110,000 -7.6% $122 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $119,000 -- $132 / 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 $2,798 $10,237 $944 $9,293
2023 $2,672 $10,237 $944 $9,293
2022 $2,672 $10,237 $944 $9,293
2021 $1,611 $5,299 $295 $5,004
2020 $1,568 $5,299 $295 $5,004
2019 $1,569 $5,931 $295 $5,636
2018 $1,580 $5,426 $236 $5,190
2017 $1,563 $5,426 $236 $5,190
2016 $42 $5,426 $236 $5,190
2015 $49 $4,672 $590 $4,082
2014 $47 $4,672 $590 $4,082
2013 $47 $4,672 $590 $4,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10663346

Midwest Real Estate Data (MRED)

APN: 03-21-402-014-1285