NOT LISTED FOR SALE

611 E Olive St Arlington Heights, IL 60004

Estimated Value: $461,960 - $486,000

4 Beds
2 Baths
1,307 Sq Ft
$361/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $324,000 $248 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,944/month

21 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Detached Garage
  • Olive-Mary Stitt Elementary School Rated A-
  • Lower Floor Utility Room
  • 1-minute walk to Greens Park

About This Home

As of October 2016

Charming and updated cape cod in a top rated schools! Beautiful Bluestone front steps welcome you into this home featuring 4 large bedrooms with ample closet space. The kitchen boasts brand new Quartz counters and subway tile back plash with SS appliances. Remodeled main floor bath featuring wainscoting. New tear off roof with architectural shingles (2015), furnace and a/c (2013), water heater (2016), some new copper pipes (2016). Professionally landscaped yard with brand new aluminum fence and driveway gate for a fully fenced yard. Oversized 2 car garage! Finished basement with carpet and tons of storage space. Nothing to do but move in and enjoy.

Last Agent to Sell the Property

Paul Viken

HomeSmart Connect LLC License #475107991 Listed on: 07/29/2016

HomeSmart Connect LLC

Last Buyer's Agent

Daniel Macahon

Advocate Realty License #471009788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,864

Year Built

  • 1954

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Lower Floor Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,864

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X9, On Level: Basement
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 24X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 8X6, On Level: Basement
  • Bedroom 2: Dimensions: 13X9, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1307
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X14, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 0.1607

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 214
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 50 X 142
  • Parcel Identification Number: 03204110040000

Tax Info

  • Taxes: 6997.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Sep 30, 2016
Sold by
Zak Abigail A and Zak David R
Bought by
Hacker Debra Ann
Seller's Agent
Paul Viken
HomeSmart Connect LLC
Buyer's Agent
Daniel Macahon
Advocate Realty
List Price
$339,900
Sold Price
$324,000
Premium/Discount to List
-$15,900
-4.68%
Current Estimated Value
$472,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,320
Avg. Annual Appreciation
4.27%
Original Mortgage
$224,000
Outstanding Balance
$180,484
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$291,836

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 24, 2013
Sold by
Jochaniewicz Anthony and Jochaniewicz Helena
Bought by
Zak Abigail A and Zak David R
Seller's Agent
Ryan Gable
Starting Point Realty, Inc.
Buyer's Agent
James Regan
RE/MAX Suburban
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$225,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Hacker Debra Ann $324,000 Attorneys Title Guaranty Fun
Zak Abigail A $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hacker Debra Ann $224,000
Previous Owner Zak Abigail A $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2016 10/27/16 Sold $324,000 -1.5% $248 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $329,000 -3.2% $252 / Sq Ft
07/29/2016 07/29/16 For Sale $339,900 +36.0% $260 / Sq Ft
04/25/2013 04/25/13 Sold $250,000 0.0% $191 / Sq Ft View Prior Sale
03/24/2013 03/24/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $250,000 -- $191 / 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 $6,864 $26,134 $4,375 $21,759
2020 $6,754 $26,134 $4,375 $21,759
2019 $6,724 $29,038 $4,375 $24,663
2018 $6,609 $26,082 $3,850 $22,232
2017 $6,548 $26,082 $3,850 $22,232
2016 $6,817 $27,841 $3,850 $23,991
2015 $6,434 $24,413 $3,325 $21,088
2014 $6,998 $24,413 $3,325 $21,088
2013 $6,087 $24,413 $3,325 $21,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09301359

Midwest Real Estate Data (MRED)

APN: 03-20-411-004-0000