NOT LISTED FOR SALE

3008 N Olcott Ave Chicago, IL 60707

Belmont Heights Neighborhood

Estimated Value: $290,000 - $369,573

2 Beds
1 Bath
903 Sq Ft
$366/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $255,000 $282 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,221/month

4 Days on Market

Highlights

  • Detached Garage
  • Combination Dining and Living Room
  • Senior Tax Exemptions
  • 1-Story Property

About This Home

As of December 2021

This 2 bed / 1 bath ranch home in the Belmont Heights community is ready for you to take on the legacy of its previous owner. Owned by the same family for the past 65 years, the home exhibits the level of pride and care that will reassure any buyer that they are inheriting something special. All this home needs are your ideas and creativity to make it special for you. A super solid home for first-time homebuyers or savvy investors, this brick ranch offers central heating and A/C, a spacious back yard, 2-car garage, a full basement and the opportunity to do some updating to elevate your investment. Home is being sold as an AS-IS/WHERE IS estate sale. Items within the home such as furniture, etc. are being sold as part of an estate sale and offers can be entertained for their purchase. As a courtesy, please only view and do not handle any items in the home. Home is being monitored.

Last Agent to Sell the Property

Albert Mendez

Coldwell Banker Realty License #471021004 Listed on: 10/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Samuel Razo

Kale Realty

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,067

Year Built

  • 1956

Lot Details

  • 4,443

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,067

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Directions: BELMONT WEST OF HARLEM TO OLCOTT THEN SOUTH TO PROPERTY
  • Lot Size: 125.5 X 33.4
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 903
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Some Carpeting
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 528.65
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 10, 2022
Sold by
Estate Of Dzieglewiz
Bought by
Razo Beatriz
Seller's Agent
Albert Mendez
Coldwell Banker Realty
Buyer's Agent
Samuel Razo
Kale Realty
List Price
$252,000
Sold Price
$255,000
Premium/Discount to List
$3,000
1.19%
Current Estimated Value
$330,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,143
Avg. Annual Appreciation
7.35%
Original Mortgage
$204,000
Interest Rate
3.13%

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 17, 2021
Sold by
Estate Of Dzieglewiz
Bought by
Razo Beatriz
Seller's Agent
Albert Mendez
Coldwell Banker Realty
Buyer's Agent
Samuel Razo
Kale Realty
List Price
$252,000
Sold Price
$255,000
Premium/Discount to List
$3,000
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.13%
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
Razo Beatriz -- --
Razo Beatriz -- --
Razo Beatriz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Razo Beatriz $204,000
Previous Owner Dzieglewicz Mary $394,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $255,000 +1.2% $282 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $252,000 -- $279 / 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 $5,067 $26,000 $11,080 $14,920
2023 $4,940 $24,000 $8,864 $15,136
2022 $4,940 $24,000 $8,864 $15,136
2021 $512 $24,004 $8,868 $15,136
2020 $529 $20,644 $5,540 $15,104
2019 $527 $22,938 $5,540 $17,398
2018 $519 $22,938 $5,540 $17,398
2017 $556 $22,296 $4,875 $17,421
2016 $975 $22,296 $4,875 $17,421
2015 $938 $22,296 $4,875 $17,421
2014 $3,865 $20,818 $4,432 $16,386
2013 $933 $20,818 $4,432 $16,386
Source: Public Records

Agents Affiliated with this Home

  • Albert Mendez

    Seller's Agent in 2021

    Albert Mendez

    Coldwell Banker Realty

    (773) 578-8675

    2 in this area

    79 Total Sales

    Albert Mendez
    Section Image
  • Samuel Razo

    Buyer's Agent in 2021

    Samuel Razo

    Kale Realty

    (312) 730-7877

    1 in this area

    4 Total Sales

    Samuel Razo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11240392

Midwest Real Estate Data (MRED)

APN: 12-25-209-032-0000

Illinois Cook County Chicago 60707 Belmont Heights

3008 N Olcott Ave, Chicago, IL

This home is located at 3008 N Olcott Ave, Chicago, IL 60707 since 07 October 2021 and is currently estimated at $330,143, approximately $365 per square foot. This property was built in 1956. 3008 N Olcott Ave is a home located in Cook County with nearby schools including Dever Elementary School, Steinmetz College Prep, and St. Celestine School.

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