NOT LISTED FOR SALE

2407 E Olive St Unit 2G Arlington Heights, IL 60004

Estimated Value: $164,000 - $168,929

1 Bed
1 Bath
780 Sq Ft
$251/mo HOA Fee

Last Sold September 14, 2020

Last sale price $110,000 $141 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,280/month

4 Days on Market

Highlights

  • Balcony
  • Hot Water Heating System
  • Southern Exposure
  • Anne Sullivan Elementary School Rated A-

About This Home

As of September 2020

Adorable, affordable and MOVE IN READY!! This meticulously maintained second floor unit boasts great views and natural light all year long! Valuable updates have been made to this property including: newly installed quality wood laminate flooring with Echo Ultra-Quiet underlayment, and is freshly painted with neutral colors. The kitchen features ceiling-height natural wood cabinets, granite counter tops, stone back splash and tile flooring. The Refrigerator was purchased in 2018, Range in 2017, and Dishwasher in 2015. Unit is adjacent to the laundry room, there is ample off street parking in this quiet, safe, and convenient location. Perfect for walking, biking, shopping, and commuting. Future building improvements (with no special assessments) include: new carpet, paint, roof and sprinkler system. Low taxes and association dues include heat, community pool, garbage removal and landscaping. Makes this unit a fabulous place to call home!

Last Agent to Sell the Property

Mark Berberick

RE/MAX Suburban License #471002418 Listed on: 08/08/2020

RE/MAX Suburban

Last Buyer's Agent

Samuel Lubeck

Baird & Warner License #475146587

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,892

Lot Details

  • 30.63

HOA Fees

  • $251 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Home Security

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Southern Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,892

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Non-Smoking Building
  • Unit Floor Level: 2
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 750
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Total Sq Ft: 750
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 22X12, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Curtains/Drapes
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 10X9, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 12X9, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level
  • Additional Room 1 Name: Balcony, Dimensions: 9X5, On Level: 2nd Level
  • Estimated Sq Ft: 780
  • Estimated Total Finished Sq Ft: 750
  • Main Level Sq Ft: 750

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: S (South)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Storage, Park/Playground, Pool-Outdoors, Tennis Court/s
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 251
  • Management Contact Name: debbie
  • Management Phone: 847-577-5410

Fee Information

  • Management Company: brandenberry condo association

Schools

  • Junior High Dist: 23

Lot Info

  • Lot Dimensions: CONDO
  • Lot Description: Common Grounds
  • Parcel Identification Number: 03214020141282

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2009
Sold by
Lekarczyk Elzbieta and Kolber Lukasz
Bought by
Clune Mary Josephine
Current Estimated Value
$165,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$54,621
Interest Rate
4.84%
Mortgage Type
New Conventional
Estimated Equity
$110,861

Purchase Details

Closed on
Jun 1, 2004
Sold by
Sowa Wanda
Bought by
Sibiga Elzbieta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2000
Sold by
Allen Michelle
Bought by
Sowa Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
12.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clune Mary Josephine $107,500 None Available
Sibiga Elzbieta $120,500 Multiple
Sowa Wanda $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clune Mary Josephine $84,000
Previous Owner Sibiga Elzbieta $108,450
Previous Owner Sowa Wanda $51,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $110,000 -2.7% $141 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $113,000 -- $145 / 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 $1,892 $10,237 $944 $9,293
2023 $1,779 $10,237 $944 $9,293
2022 $1,779 $10,237 $944 $9,293
2021 $1,611 $5,299 $295 $5,004
2020 $650 $5,299 $295 $5,004
2019 $662 $5,931 $295 $5,636
2018 $580 $5,426 $236 $5,190
2017 $591 $5,426 $236 $5,190
2016 $786 $5,426 $236 $5,190
2015 $609 $4,672 $590 $4,082
2014 $617 $4,672 $590 $4,082
2013 $586 $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: MRD10811451

Midwest Real Estate Data (MRED)

APN: 03-21-402-014-1282