When was property at 705 Olive Street built and last sold?

The property at 705 Olive Street was built in 1959 and last sold on Dec 22, 2021 for $292,000.

How much is this home worth?

The estimated value of the home located at 705 Olive Street is $0.

What are some comparable homes to 705 Olive Street?

There are currently no comparable homes to 705 Olive Street.

Hoffman Estates

60169

705 OLIVE Street

$292,000

● House - Off Market

705 OLIVE Street

Hoffman Estates, IL 60169

4 Beds

2 Baths, 1 Half Bath

2,092 Ft²

$321,698

RealtyHop Estimate

10.17%

Since Jan 1, 2022

National-US

Primary Model

About This Property

THE ONLY HOUSE ON THE STREET WITH LARGE EXTENSION ,BEAUTIFULLY REMODELED 4 . POSSIBLY 5 BEDROOM HOUSE WITH A LARGE LIVING ROOM AND A LARGE FAMILY ROOM WITH FIREPLACE,VERY NICE KITCHEN WITH NEWER HIGH END APPLINACES ,GRANITE COUNTERTOPS,SEPARATE UTILITY ROOM WITH A TOILET AND NEW SINK, BONUS ROOM OR A 5TH BED ROOM /MUD ROOM WITH ANOTHER HEATING SYSTEM ,LARGE ROOMS, SEEING IS BELIEVING,PL. COME AND SEE FOR YOURSELF,WILL NOT LAST LONG AT THIS PRICE,A PULLOUT SAIRCASE ON GARAGE CEILING FOR ADDITIONAL STORAGE IN THE ATTIC ABOVE THE GARAGE,VACANT,EASY TO SHOW AND EASY TO SELL

Unit Size

2,092 Ft²

Days on Market

Land Size

0.23 acres

Price per sqft

$140

Property Type

House

Property Taxes

$504

HOA Dues

Year Built

1959

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11161607)

Price History

Date / Event	Date	Event
Dec 22, 2021	Sold	Premium
Sold
Jul 19, 2021	Listed by KMS Realty, Inc.	$292,000
Listed by KMS Realty, Inc.

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
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: 100
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: 10,064

Total Building Area: 1,692
Gross Building Area: 1,692
Building Area: 1,692
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 1,692
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HOFFMAN ESTATES VII
Land Acres: 0000000231
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (HOFFMAN)(ESTATES)(VII) SUB OF PT SE SEC 16-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804709

Geography

District: 35

Parcel: 07-16-408-007-0000
Block: 95
Lot: 16
Meridian: SEC 16 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0395
Longitude: -88.0911

Address

Full Address: 705 Olive St

Address - House Number: 705
Address - Street Name: Olive
Address - Suffix Type: St
State: IL
City Name: Hoffman Estates
Carrier Code: C026
4-Digit Zip Code: 3245
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $831,544
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 285,430
High Value: 314,289
Low Value: 256,571

Market Valuation

Market Total Value: $280,000

Market Land Value: $60,380
Market Improvement Value: $219,620

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $28,000
Assessed Land Value: $6,038
Assessed Improvements Value: $21,962

Sales

Current Sale Contract Date: Dec 22, 2021

Current Sale Recording Date: Feb 01, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2203233292
Previous Sale Recording Date: Apr 13, 2021
Previous Sale Contract Date: Apr 06, 2021
Previous Sale Amount: $208,000
Previous Sale Document Type: 34

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

$243

Below Asking

0.01%

Average Days on Market

Average Home Size

1624 ft²

Average Home Age

44 years

Currently For Sale

74 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 508 Bristol Lane, Schaumburg, IL, 60194

$3,450 /mo

4 Beds
1 Bath
1,140 ft²

508 Bristol Lane, Schaumburg, IL, 60194 Listing by Omar Adil

Unit for rent at 706 N Point Drive, Schaumburg, IL, 60193

$3,400 /mo

4 Beds
2 Baths
2,351 ft²

706 N Point Drive, Schaumburg, IL, 60193 Listing by Sarah Leonard

Unit for rent at 2010 Carleton Road, Hoffman Estates, IL, 60169

$3,900 /mo

4 Beds
2 Baths
1,644 ft²

2010 Carleton Road, Hoffman Estates, IL, 60169 Listing by Judi Rentas

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Hasmukh Kothari, KMS Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11161607

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.

705 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