NOT LISTED FOR SALE

305 Olmsted Rd Riverside, IL 60546

Estimated Value: $484,000 - $578,720

3 Beds
3 Baths
1,735 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $410,000 $236 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,993/month

29 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • Detached Garage
  • Central Elementary School Rated A

About This Home

As of December 2021

Welcome Home! Make sure to check out this well maintained home in an ideal Riverside location. The first floor offers an open floor plan from the living room to dining room, a gas fireplace, a spacious kitchen with plenty of counterspace, stainless steel appliances, and table space. Additional highlights: half bath with laundry, den space for watching tv, home office or additional dining area. Full basement with family room area. Additional storage in the basement includes several closet, cabinets and an easily accessible crawl space. 3/4 bath in basement. You will love the deep yard that is landscaped with many perennials. Enjoy the view of the yard from the large, raised deck. Detached three car garage with additional storage. Two additional outdoor sheds. Close to downtown Riverside and catch the Metra train that runs to Union Station!

Last Agent to Sell the Property

Sheila Gentile

Coldwell Banker Realty License #475127134 Listed on: 09/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Julianna Oh

Berkshire Hathaway HomeServices Chicago License #475180952

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Year Built

  • 1924

Lot Details

  • 9,148

Parking

  • Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1924

Lot Details

9,148 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Take Harlem Ave to Olmstead Rd.
  • Lot Size: 47X200
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1924

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: Walkout
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s)
  • Dining Room Type: Other Room

Exterior Features

  • Exterior Building Type: Stucco
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 6
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Laundry Features: In Bathroom, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 208
  • Middle Or Junior School: L J Hauser Junior High School

Lot Info

  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 11922.11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Jan 4, 2022
Sold by
Marcolini Tim and Marcolini Deborah C
Bought by
Teismann Karina
Seller's Agent
Sheila Gentile
Coldwell Banker Realty
Buyer's Agent
Julianna Oh
Berkshire Hathaway HomeServices Chicago
List Price
$439,500
Sold Price
$410,000
Premium/Discount to List
-$29,500
-6.71%
Current Estimated Value
$549,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,430
Avg. Annual Appreciation
7.10%
Original Mortgage
$328,000
Outstanding Balance
$299,246
Interest Rate
2.98%
Estimated Equity
$250,184

Purchase Details

Listed on
Sep 18, 2021
Closed on
Dec 3, 2021
Sold by
Marcolini Tim and Marcolini Deborah C
Bought by
Teismann Karina
Seller's Agent
Sheila Gentile
Coldwell Banker Realty
Buyer's Agent
Julianna Oh
Berkshire Hathaway HomeServices Chicago
List Price
$439,500
Sold Price
$410,000
Premium/Discount to List
-$29,500
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$299,246
Interest Rate
2.98%
Estimated Equity
$250,184

Purchase Details

Closed on
Apr 28, 1997
Sold by
Knafl Leona I
Bought by
Marcolini Tim and Marcolini Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.75%
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
Teismann Karina $410,000 --
Teismann Karina $410,000 --
Teismann Karina $410,000 --
Marcolini Tim $185,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teismann Karina $328,000
Previous Owner Marcolini Tim $175,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $410,000 -6.7% $236 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $439,500 -- $253 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $13,617 $41,079 $9,223 $31,856
2024 $13,617 $41,079 $9,223 $31,856
2023 $12,706 $45,880 $9,223 $36,657
2022 $12,706 $36,593 $8,070 $28,523
2021 $12,242 $36,592 $8,070 $28,522
2020 $11,922 $36,592 $8,070 $28,522
2019 $9,265 $29,752 $7,378 $22,374
2018 $8,990 $29,752 $7,378 $22,374
2017 $9,757 $32,893 $7,378 $25,515
2016 $9,437 $29,294 $6,456 $22,838
2015 $9,178 $29,294 $6,456 $22,838
2014 $10,159 $32,605 $6,456 $26,149
2013 $10,060 $34,876 $6,456 $28,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11213574

Midwest Real Estate Data (MRED)

APN: 15-36-406-026-0000

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