When was property at 520 Olive Street built and last sold?

The property at 520 Olive Street was built in 1960 and last sold on Nov 21, 2023 for $536,000.

How much is this home worth?

The estimated value of the home located at 520 Olive Street is $0.

What are some comparable homes to 520 Olive Street?

There are currently no comparable homes to 520 Olive Street.

Hoffman Estates

60169

520 Olive Street

$536,000

● House - Off Market

520 Olive Street

Hoffman Estates, IL 60169

6 Beds

4 Baths

3,120 Ft²

$525,000

RealtyHop Estimate

0.00%

Since Dec 1, 2023

National-US

Primary Model

About This Property

Multiple Offers received! Welcome to 520 Olive St, updated residence located in Schaumburg HS dis. 211 of Hoffman Estates. This single-family home offers the perfect blend of comfort, convenience, and style. With its prime location, size and numerous appealing features, it's a place you'll be proud to call home. Primary suite & office on 1st floor, 2nd Primary + 5BR upstairs, open concept living, modern kitchen, spacious backyard. This generous home boasting an impressive 3,200 square feet, providing ample room for comfortable living and entertaining. Completely rebuild in 2015/17. The inclusion of a dedicated office space offers a quiet and productive environment for remote work or study. The detached two-car garage ensures convenient parking and additional storage space for your vehicles and belongings. Hoffman Estates offers a wide range of community amenities, including parks, recreational facilities, and excellent schools, making it a fantastic place to raise a family. Located short distance from Highway 90, and with room for the whole family, this is the ideal place to call home.

Unit Size

3,120 Ft²

Days on Market

Land Size

0.26 acres

Price per sqft

$168

Property Type

House

Property Taxes

$500

HOA Dues

Year Built

1960

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11884861)

Price History

Date / Event	Date	Event
Nov 21, 2023	Sold	Premium
Sold
Sep 29, 2023	Listed by Homesmart Connect LLC	$525,000
Listed by Homesmart Connect LLC

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1960

Effective Year Built: 1960
Building Count: 1
Total Rooms: 10
Bedroom Count: 5
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,490

Total Building Area: 3,120
Gross Building Area: 3,120
Building Area: 3,120
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 3,120
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VICTORIA CROSSING
Land Acres: 0000000264
Standard Land Use Code: 1001
County Land Use Code: 2-06
Legal Description 1: (VICTORIA) (CROSSING) BNG A SUB OF THE NE SE SEC17 & THE NH EX 8 ACRES OF THE SW SEC 16-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804709

Geography

District: 35

Parcel: 07-16-414-011-0000
Block: 4
Lot: 11
Meridian: SEC 16 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0361
Longitude: -88.0917

Address

Full Address: 520 Olive St

Address - House Number: 520
Address - Street Name: Olive
Address - Suffix Type: St
State: IL
City Name: Hoffman Estates
Carrier Code: C047
4-Digit Zip Code: 3113
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,094,210
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.1961

Valuation Date: Mar 20, 2024
Confidence Score: 73
Final Value: 526,012
High Value: 629,194
Low Value: 422,830

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $430,000

Market Land Value: $68,940
Market Improvement Value: $361,060

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $43,000
Assessed Land Value: $6,894
Assessed Improvements Value: $36,106

Sales

Current Sale Contract Date: Nov 21, 2023

Current Sale Recording Date: Dec 08, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 33044
Previous Sale Recording Date: Mar 27, 1997
Previous Sale Contract Date: Mar 19, 1997
Previous Sale Amount: $136,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

Average Home Size

1555 ft²

Average Home Age

46.9 years

Currently For Sale

71 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 282 Pembridge Lane, Schaumburg, IL, 60193

$2,700 /mo

3 Beds
2 Baths
1,500 ft²

282 Pembridge Lane #A2, Schaumburg, IL, 60193 Listing by Rocco LaMantia

Unit for rent at 1329 Elm Drive, Schaumburg, IL, 60194

$3,150 /mo

4 Beds
1 Bath
1,706 ft²

1329 Elm Drive, Schaumburg, IL, 60194 Listing by Anzhalika Tkachenka

Unit for rent at 86 Allerton Drive, Schaumburg, IL, 60194

$2,750 /mo

2 Beds
2 Baths
1,200 ft²

86 Allerton Drive #86, Schaumburg, IL, 60194 Listing by Fawad Shahid

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Joanna Krzepkowska, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11884861

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

520 Olive Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hoffman Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions