NOT LISTED FOR SALE

601 E Olive St Arlington Heights, IL 60004

Estimated Value: $430,000 - $462,050

3 Beds
2 Baths
1,053 Sq Ft
$422/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $315,000 $299 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,768/month

73 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • 1-minute walk to Greens Park
  • Olive-Mary Stitt Elementary School Rated A-
  • Central Air

About This Home

As of July 2021

Wonderful ranch home on a corner lot in the heart of Arlington Heights. Convenient location and layout featuring hardwood floors and over 1500sqft of total living space including finished basement. Large bedroom/office in basement for a total of 4 bedrooms throughout the home. Generous flex-room and laundry room downstairs are perfect for organization and storage. Basement also includes a full bathroom for convenience. Breezeway on the side of the home leads to a 1.5 car garage. Spacious fenced in yard has a garden and a great view of a park, playground and Olive-Mary Stitt Elementary School just across the street. Located one block from both Hickory Meadows Park and Green Slopes Park. Just two blocks away from both St. Viator High School and John Hersey High School. Walking distance to many restaurants and everything Arlington Heights has to offer!

Last Agent to Sell the Property

Nicholas Kein

One Source Realty License #475193871 Listed on: 03/08/2021

Last Buyer's Agent

Edith Schell

@properties Christies International Real Estate License #475127876

@properties Christies International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,456

Year Built

  • Built in 1954

Lot Details

  • 8,625 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Olive-Mary Stitt Elementary School
  • John Hersey High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,456

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1053
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Square Footage Comments: 1053 sqft is main level only
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Olive-Mary Stitt School
  • High School: John Hersey High School

Lot Info

  • Lot Size Acres: 0.198
  • Lot Dimensions: 8613
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 7456.48
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Jun 22, 2021
Sold by
Macaulay Cheryl M and Macaulay Thomas G
Bought by
Ingargiola Michael and Wilson Brittany
Seller's Agent
Nicholas Kein
One Source Realty
Buyer's Agent
Edith Schell
@properties Christies International Real Estate
Sold Price
$315,000
Current Estimated Value
$444,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,017
Avg. Annual Appreciation
8.25%
Original Mortgage
$324,022
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1999
Sold by
Jesel Eugene K and Jesel Elizabeth A
Bought by
Macaulay Thomas G and Macaulay Cheryl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,650
Interest Rate
7.77%
Mortgage Type
VA
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
Ingargiola Michael $330,000 Citywide Title Corporation
Macaulay Thomas G $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingargiola Michael $324,022
Previous Owner Macaulay Thomas G $193,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $315,000 0.0% $299 / Sq Ft
05/23/2021 05/23/21 For Sale -- -- --
05/20/2021 05/20/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $315,000 0.0% $299 / Sq Ft
04/12/2021 04/12/21 Off Market $315,000 -- --
03/25/2021 03/25/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $315,000 0.0% $299 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $315,000 -- $299 / 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
2021 $7,621 $28,646 $5,383 $23,263
2020 $7,490 $28,646 $5,383 $23,263
2019 $7,456 $31,829 $5,383 $26,446
2018 $6,631 $26,158 $4,737 $21,421
2017 $6,570 $26,158 $4,737 $21,421
2016 $6,364 $26,158 $4,737 $21,421
2015 $5,865 $22,485 $4,091 $18,394
2014 $5,709 $22,485 $4,091 $18,394
2013 $5,548 $22,485 $4,091 $18,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11005608

Midwest Real Estate Data (MRED)

APN: 03-20-411-001-0000