NOT LISTED FOR SALE

8816 Olcott Ave Morton Grove, IL 60053

Estimated Value: $423,000 - $478,000

3 Beds
2 Baths
1,502 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $382,500 $255 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,057/month

Highlights

  • Stainless Steel Appliances
  • Detached Garage
  • Forced Air Heating System
  • Maine East High School Rated A
  • Breakfast Bar

About This Home

As of May 2019

**Multiple offers received** Complete gut renovation of this charming 3 bedrooms 2 bath split level home. Home was stripped down to the studs and re built, new tear off roof, insulation, 200 amp electric service, new plumbing, flooring, paint, drywall, new rear concrete patio, sod, windows HVAC, kitchen, baths and fixtures. Kitchen features White Shaker cabinets, Quartz counters and SS appliances open to the light bright front room. An exposed staircase leads to 3 bedrooms up with full bath. Lower level family room with full bath and laundry room. Detached 1 car garage also has new siding and roof. Short walk to park, schools, bust stop, and local shopping. What a great deal in an A+ community. This home will be maintenance free for a long time as ist all new!

Last Agent to Sell the Property

Phil Mistrata

Baird & Warner License #471001978 Listed on: 04/12/2019

Last Buyer's Agent

MARIO AMURAO

HomeSmart Connect LLC License #475151530

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,528

Year Built | Renovated

  • 1956 | 2019

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Steel Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Finished Basement

  • Finished Basement Bathroom

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,528

Year Built | Renovated

1956 | 2019

Lot Details

0

Parking

1

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
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2019
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956
  • Year Renovated: 2019

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X13, On Level: Lower
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 10X15, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1502
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 12X22, On Level: Lower, Flooring: Wood Laminate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Steel Siding, Brick
  • Acreage: 0.1641

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 207
  • Elementary School: Nelson Elementary School
  • Middle School: Gemini Junior High School
  • High School: Maine East High School
  • Junior High Dist: 63

Lot Info

  • Lot Dimensions: 55 X 130
  • Parcel Identification Number: 09134180070000

Tax Info

  • Taxes: 6107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 20, 2019
Sold by
201810Wy 47 Llc
Bought by
Valleser Rey A and Valleser Aubrey A
Seller's Agent
Phil Mistrata
Baird & Warner
Buyer's Agent
MARIO AMURAO
HomeSmart Connect LLC
List Price
$389,900
Sold Price
$382,500
Premium/Discount to List
-$7,400
-1.9%
Current Estimated Value
$445,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,417
Avg. Annual Appreciation
2.49%
Original Mortgage
$363,375
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2018
Closed on
Jan 4, 2019
Sold by
Chicago Title Land Trust Co
Bought by
201810Wy 47 Llc
Seller's Agent
Phil Mistrata
Baird & Warner
Buyer's Agent
Phil Mistrata
Baird & Warner
List Price
$189,900
Sold Price
$188,000
Premium/Discount to List
-$1,900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
581.89%
Original Mortgage
$244,973
Interest Rate
4.8%
Mortgage Type
Commercial
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
Valleser Rey A $382,000 Attorney
201810Wy 47 Llc $178,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valleser Rey A $362,500
Closed Valleser Rey A $363,375
Previous Owner 201810Wy 47 Llc $244,973
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $382,500 -1.9% $255 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $389,900 +107.4% $260 / Sq Ft
01/05/2019 01/05/19 Sold $188,000 -1.0% $169 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $189,900 -- $171 / 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 $7,528 $31,139 $7,865 $23,274
2023 $7,153 $31,139 $7,865 $23,274
2022 $7,153 $31,139 $7,865 $23,274
2021 $7,496 $27,632 $5,541 $22,091
2020 $8,281 $27,632 $5,541 $22,091
2019 $7,164 $30,703 $5,541 $25,162
2018 $6,198 $24,632 $4,826 $19,806
2017 $6,107 $24,632 $4,826 $19,806
2016 $5,938 $24,632 $4,826 $19,806
2015 $5,792 $22,348 $4,111 $18,237
2014 $5,671 $22,348 $4,111 $18,237
2013 $5,227 $22,986 $4,111 $18,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10341982

Midwest Real Estate Data (MRED)

APN: 09-13-418-007-0000