NOT LISTED FOR SALE

705 E Olive St Arlington Heights, IL 60004

Estimated Value: $444,233 - $522,000

4 Beds
2.5 Baths
1,213 Sq Ft
$393/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $350,000 $289 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,007/month

17 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Formal Dining Room
  • Olive-Mary Stitt Elementary School Rated A-
  • Recreation Room
  • 1-minute walk to Greens Park

About This Home

As of July 2021

PRIME AREA - Minutes to everything you need to make your life comfortable. Well maintained. New Windows, new concrete entry walk, Newer Siding and gutters. This brick home features 4 bedrooms 2 up and 2 on main floor. 2 Full BATHROOMS BEAUTIFULLY UDATED with tile, new flooring, paint, vanity, and lighting. NEW white 6 panel DOORS and trim, HARDWOOD flooring under bedroom carpets and dining room. Sliding Glass door leads to double deck with fully FENCED yard. Kitchen has pantry with additional cabinets and countertop space, SS appliances. Full basement with 1/2 bath, family room, storage and conveniently located laundry room. Minutes to Metra, shopping, St. Viator, Hersey HS, elementary, middle school, and more. .Nearby park. WELCOME HOME!

Last Agent to Sell the Property

Marco Amidei

RE/MAX Suburban License #475101568 Listed on: 05/15/2021

RE/MAX Suburban

Co-Listed By

Anita Sullivan

RE/MAX Suburban License #475131165

Last Buyer's Agent

Jen Ortman

Berkshire Hathaway HomeServices Starck Real Estate License #471009586

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,232

Year Built

  • Built in 1954

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 30x141.2
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 1,213 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

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

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,232

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 1213
  • Other Equipment: Humidifier, TV-Cable
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights
  • 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
  • Middle/Junior School: Thomas Middle School

Lot Info

  • Lot Size Acres: 0.1607
  • Lot Dimensions: 30X141.2
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7231.56
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 13, 2021
Sold by
Fiorenza Joseph and Fiorenza Deborah
Bought by
Sayavongsa Chanthala and Sayavongsa Diana
Seller's Agent
Marco Amidei
RE/MAX Suburban
Buyer's Agent
Jen Ortman
Berkshire Hathaway HomeServices Starck Real Estate
Sold Price
$350,000
Current Estimated Value
$476,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,808
Avg. Annual Appreciation
7.47%
Original Mortgage
$343,660
Outstanding Balance
$314,006
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$162,802
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
Sayavongsa Chanthala $350,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayavongsa Chanthala $343,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $350,000 -0.8% $289 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/29/2021 05/29/21 For Sale -- -- --
05/18/2021 05/18/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $353,000 -- $291 / 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 $6,131 $25,710 $7,000 $18,710
2023 $6,473 $25,710 $7,000 $18,710
2022 $6,473 $27,971 $7,000 $20,971
2021 $5,298 $26,540 $4,375 $22,165
2020 $7,263 $28,492 $4,375 $24,117
2019 $7,232 $31,658 $4,375 $27,283
2018 $6,100 $25,025 $3,850 $21,175
2017 $6,049 $25,025 $3,850 $21,175
2016 $5,867 $25,025 $3,850 $21,175
2015 $5,589 $21,552 $3,325 $18,227
2014 $5,442 $21,552 $3,325 $18,227
2013 $5,288 $21,552 $3,325 $18,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11089169

Midwest Real Estate Data (MRED)

APN: 03-20-411-008-0000