NOT LISTED FOR SALE

807 E Olive St Arlington Heights, IL 60004

Estimated Value: $436,000 - $486,325

3 Beds
1.5 Baths
1,053 Sq Ft
$440/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $387,600 $368 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,154/month

1 Day on Market

Highlights

  • Deck
  • Property is near park
  • Ranch Style House
  • Olive-Mary Stitt Elementary School Rated A-
  • Recreation Room
  • 3-minute walk to Greens Park

About This Home

As of December 2022

Charming ranch home in desirable location in downtown Arlington Heights! Move in ready, renovated with a remodeled kitchen, featuring ample storage, and high end stainless steel appliances. The wonderful kitchen offers the opportunity for an eat-in area and adjacent to the large, bright and inviting family room. Fabulous picture window allows light to beam into the space. Three inviting bedrooms with a full bath complete the first floor space . The lower level (basement) has a large entertaining area with built in bar, and 1/2 bath. Perfect for a recreation area. Large private fenced backyard (own with some neighbors) with concrete pavers, built in fire-pit and a beautifully landscaped yard. Two (2) car detached garage plus additional space on the driveway. Updates: 2022 Roof * 2021 Stove and Air Conditioner * 2020 Furnace, Humidifier, Air Cleaner * 2019 Washer * 2018 Windows, Nest and Bar Refrigerator. Close to Metra, Arlington Heights library, excellent schools at every grade level, parks, restaurants, and shopping. Welcome home!

Last Agent to Sell the Property

Robin Chessick

Baird & Warner License #475163514 Listed on: 12/03/2022

Baird & Warner

Last Buyer's Agent

Madeline Heller

RE/MAX Properties Northwest License #475136061

RE/MAX Properties Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,897

Year Built

  • Built in 1954

Lot Details

  • 6,922 Sq Ft Lot
  • Lot Dimensions are 55 x 140 x 15 x 57 x 100
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,053 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Brick Porch or Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Additional Features

  • Air Purifier
  • Property is near park

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,897

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • 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: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1053
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Air Purifier, Radon Mitigation System
  • Room Type: Office, Recreation Room
  • Estimated Total Finished Sq Ft: 2106
  • Basement Description: Finished,Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2106
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • 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)
  • 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, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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

  • Additional Parcels: No
  • Lot Size Acres: 0.1589
  • Lot Dimensions: 55 X 140 X 15 X 57 X 100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5896.58
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Dec 19, 2022
Sold by
Caby Betty B and Caby Gary M
Bought by
Krozel Brandon and Chowaniec Krystian
Seller's Agent
Robin Chessick
Baird & Warner
Buyer's Agent
Madeline Heller
RE/MAX Properties Northwest
List Price
$385,000
Sold Price
$387,600
Premium/Discount to List
$2,600
0.68%
Views
46
Current Estimated Value
$459,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,677
Avg. Annual Appreciation
5.97%
Original Mortgage
$348,840
Outstanding Balance
$336,342
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$126,489

Purchase Details

Closed on
Jun 22, 2017
Sold by
Coren Andrew Michael and Fox Amanda S
Bought by
Caby Gary M and Caby Betty B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2015
Sold by
Coren Andrew Michael and Coren Steven H
Bought by
Coren Andrew Michael and Fox Amanda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2013
Closed on
Oct 31, 2013
Sold by
Miller Ryan M and Miller Beth A
Bought by
Coren Andrew Michael and Coren Steven H
Seller's Agent
Kim Pape
Keller Williams Thrive
Buyer's Agent
Vickie Irwin
Real 1 Realty
List Price
$287,500
Sold Price
$301,000
Premium/Discount to List
$13,500
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$240,800
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Us Bank Na
Bought by
Miller Ryan M and Miller Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,091
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2008
Sold by
Mirko Alex
Bought by
Us Bank Na and The Structured Asset Securities Corp Mor

Purchase Details

Closed on
Aug 22, 2006
Sold by
Larsen John and Larsen Louise
Bought by
Mirko Alex and Mirko Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 19, 2004
Sold by
Flores Raymond S and Flores Barbara L
Bought by
Larsen John C and Larsen Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.46%
Mortgage Type
Unknown
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Krozel Brandon $388,000 None Listed On Document
Krozel Brandon $388,000 --
Caby Gary M $344,000 Baird And Warner Title Servi
Coren Andrew Michael -- Old Republic Natl Title Ins
Coren Andrew Michael $301,000 None Available
Miller Ryan M $253,000 Attorneys Title Guaranty Fun
Us Bank Na -- None Available
Mirko Alex $320,000 Republic Title Company
Larsen John C $275,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krozel Brandon $348,840
Closed Krozel Brandon $348,840
Previous Owner Caby Gary M $230,000
Previous Owner Coren Andrew Michael $238,000
Previous Owner Coren Andrew Michael $240,800
Previous Owner Miller Ryan M $249,091
Previous Owner Mirko Alex $256,000
Previous Owner Larsen John C $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $387,600 +0.7% $368 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
12/03/2022 12/03/22 For Sale $385,000 +27.9% $366 / Sq Ft
10/31/2013 10/31/13 Sold $301,000 +4.7% $286 / Sq Ft View Prior Sale
10/06/2013 10/06/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $287,500 -- $273 / 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 $9,308 $36,000 $8,304 $27,696
2024 $9,308 $34,000 $6,920 $27,080
2023 $7,341 $34,000 $6,920 $27,080
2022 $7,341 $34,000 $6,920 $27,080
2021 $5,930 $25,693 $4,325 $21,368
2020 $5,897 $25,693 $4,325 $21,368
2019 $6,723 $31,778 $4,325 $27,453
2018 $5,052 $23,497 $3,806 $19,691
2017 $5,313 $24,497 $3,806 $20,691
2016 $5,917 $24,497 $3,806 $20,691
2015 $4,994 $19,535 $3,287 $16,248
2014 $4,863 $19,535 $3,287 $16,248
2013 $4,724 $19,535 $3,287 $16,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11677064

Midwest Real Estate Data (MRED)

APN: 03-20-412-025-0000