NOT LISTED FOR SALE

8801 Olcott Ave Morton Grove, IL 60053

Estimated Value: $462,968 - $489,000

3 Beds
2 Baths
1,230 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $410,000 $333 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,380/month

3 Days on Market

Highlights

  • L-Shaped Dining Room
  • Stainless Steel Appliances
  • Living Room
  • Maine East High School Rated A
  • 2.5 Car Detached Garage
  • Laundry Room

About This Home

As of May 2022

Desirable corner lot! bright and spacious split level move in ready! 3br/2ba. Hardwood floors, spacious family room in English basement. Granite counter tops with stainless steel appliances. large fenced yard, 2.5 cars garage with multiple car parking. Close to shopping center, public pool and parks. Measurements are estimate, please verify.

Last Agent to Sell the Property

Naelah Abbas

HomeSmart Connect License #475160998 Listed on: 03/15/2022

HomeSmart Connect

Last Buyer's Agent

Patrick Shino

Fulton Grace Realty License #475173831

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,514

Lot Details

  • 9,043 Sq Ft Lot
  • Lot Dimensions are 60x172

Parking

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

Interior Spaces

  • 1,230 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Finished Basement Bathroom
  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,514

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1230
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 395000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • 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: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 63

Lot Info

  • Lot Size Acres: 0.2076
  • Lot Dimensions: 60X172
  • 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: 8513.91
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 3, 2019
Sold by
Ly Jonathan and Luo Xiaolin
Bought by
Asghar Hammad and Carbajal Citlaly
Seller's Agent
Jonathan Ly
Chi Real Estate Group LLC
Buyer's Agent
Naelah Abbas
HomeSmart Connect
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Current Estimated Value
$482,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,726
Avg. Annual Appreciation
4.82%
Original Mortgage
$323,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2006
Sold by
Downing Robert
Bought by
Ly Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,400
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 2000
Sold by
Banco Popular North America
Bought by
Downing Robert
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Asghar Hammad $340,000 Citywide Title Corporation
Ly Jonathan $350,500 Rtc
Downing Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asghar Hammad $332,000
Closed Asghar Hammad $323,000
Previous Owner Ly Jonathan C $331,000
Previous Owner Ly Jonathan $280,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $410,000 +3.8% $333 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $395,000 +16.2% $321 / Sq Ft
04/05/2019 04/05/19 Sold $340,000 -5.3% $276 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $359,000 -- $292 / 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 $8,563 $34,965 $9,947 $25,018
2023 $9,024 $34,965 $9,947 $25,018
2022 $9,024 $34,965 $9,947 $25,018
2021 $8,763 $28,410 $7,008 $21,402
2020 $8,514 $28,410 $7,008 $21,402
2019 $7,391 $31,567 $7,008 $24,559
2018 $7,204 $28,072 $6,104 $21,968
2017 $7,095 $28,072 $6,104 $21,968
2016 $6,861 $28,072 $6,104 $21,968
2015 $6,820 $25,851 $5,199 $20,652
2014 $6,676 $25,851 $5,199 $20,652
2013 $6,816 $27,019 $5,199 $21,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11348296

Midwest Real Estate Data (MRED)

APN: 09-13-419-010-0000