NOT LISTED FOR SALE

305 E Olive Ave Prospect Heights, IL 60070

Estimated Value: $422,000 - $491,000

3 Beds
1 Bath
1,531 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $268,000 $175 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,022/month

59 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Walk-In Pantry
  • Bonfield Grade School Rated A-
  • Wood Flooring
  • Detached Garage

About This Home

As of August 2018

OUTSTANDING CLASSIC CAPE COD WITH EXCELLENT EXPANSION POTENTIAL ON NEARLY 3/4 ACRE PICTURESQUE INTERIOR LOT CLOSE TO TOP RANKED SCHOOLS (BETSY ROSS/MACARTHUR/HERSEY)! EXCELLENT POTENTIAL TO ADD ON OR TEAR DOWN. MODERN INTERIOR COLORS, HARDWOOD FLOORS, 6-PANEL DOORS, EAT-IN KITCHEN W/COZY BREAKFAST AREA, SPACIOUS LIVING/DINING RM, SENSATIONAL LIGHT/BRIGHT FAMILY RM W/SLIDERS ON 2-SIDES & ACCESS TO NEWLY RE-FINISHED OVERSIZED DECK WITH CUSTOM PERGOLA W/VIEWS OF GORGEOUS EXPANSIVE BACKYARD-IDEAL FOR OUTDOOR ENTERTAINING! 1ST FLOOR BEDROOM W/ADJ. FULL BATH, MASTER & SPARE 2ND FLOOR BEDROOMS W/WALK-IN CLOSETS, NEWLY PAINTED ENGLISH BASEMENT-EXCELLENT POTENTIAL FOR FUTURE LIVING SPACE & GREAT STORAGE. NEWER SIDING/GUTTERS & WATER HEATER-2012, 200 AMP ELEC. HOME LOCATED CLOSE TO PARKS, AWARD WINNING SCHOOLS, & SHOPPING. HURRY WON'T LAST!

Last Agent to Sell the Property

David Jaffe

@properties Christie?s International Real Estate License #475140147 Listed on: 05/29/2018

@properties Christie?s International Real Estate

Last Buyer's Agent

Carol Buchen

Century 21 1st Class Homes

Home Details

Home Type

  • Single Family

Year Built

  • 1942

Lot Details

  • 0.68

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Dining Area
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Walk-In Pantry
  • Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Radiant Heating System
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1942
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 24X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: Water-Softener Rented, TV-Cable, CO Detectors, Sump Pump
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes
  • Kitchen Type: Galley, Pantry-Closet
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Eating Area, Dimensions: 10X9, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1531
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 18X12, On Level: Main Level, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.6818

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiant

Schools

  • Junior High Dist: 23

Lot Info

  • Lot Dimensions: 100X297
  • Parcel Identification Number: 03224070030000

Tax Info

  • Taxes: 6451.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 2, 2018
Sold by
Johnson Paul M and Johnson Beth E
Bought by
Bochula Thomas
Seller's Agent
David Jaffe
@properties Christie?s International Real Estate
Buyer's Agent
Carol Buchen
Century 21 1st Class Homes
List Price
$284,900
Sold Price
$268,000
Premium/Discount to List
-$16,900
-5.93%
Current Estimated Value
$454,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,027
Avg. Annual Appreciation
7.44%
Original Mortgage
$254,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2001
Sold by
Rothmeeler Hagemann Christine
Bought by
Johnson Paul M and Johnson Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.06%

Purchase Details

Closed on
May 1, 2001
Sold by
Rothmeeler John A and Rothmeeler Irene
Bought by
Liv Hagemann Christine and John A Irene M Rothmeeler Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bochula Thomas $268,000 Stewart Title
Johnson Paul M $215,000 Chicago Title Insurance Co
Liv Hagemann Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bochula Thomas $254,600
Previous Owner Johnson Paul M $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $268,000 -5.9% $175 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $284,900 0.0% $186 / Sq Ft
07/19/2018 07/19/18 Price Changed $284,900 -1.7% $186 / Sq Ft
07/04/2018 07/04/18 For Sale $289,900 +8.2% $189 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/30/2018 06/30/18 Off Market $268,000 -- --
06/06/2018 06/06/18 Price Changed $289,900 -3.3% $189 / Sq Ft
05/29/2018 05/29/18 For Sale $299,900 -- $196 / 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 $7,719 $36,000 $14,850 $21,150
2024 $7,719 $29,000 $11,880 $17,120
2023 $7,208 $29,000 $11,880 $17,120
2022 $7,208 $29,000 $11,880 $17,120
2021 $6,797 $24,060 $10,395 $13,665
2020 $6,655 $24,060 $10,395 $13,665
2019 $7,628 $26,913 $10,395 $16,518
2018 $6,719 $25,170 $8,910 $16,260
2017 $6,662 $25,170 $8,910 $16,260
2016 $6,451 $25,170 $8,910 $16,260
2015 $6,026 $21,802 $7,425 $14,377
2014 $5,979 $21,802 $7,425 $14,377
2013 $5,814 $21,802 $7,425 $14,377
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09965783

Midwest Real Estate Data (MRED)

APN: 03-22-407-003-0000