NOT LISTED FOR SALE

196 Lake Dr Unit 196 Olympia Fields, IL 60461

Estimated Value: $198,000 - $245,000

2 Beds
2 Baths
1,600 Sq Ft
$284/mo HOA Fee

Last Sold July 29, 2019

Last sale price $145,000 $91 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,852/month

7 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • Senior Tax Exemptions
  • Breakfast Bar

About This Home

As of July 2019

ABSOLUTLY BEAUTIFUL AND WELL MAINTAINED UNIT IN THE LAKES OF OLYMPIA. GRANITE COUNTER TOPS, UPDATED APPLIANCES AND CABINETRY. HARDWOOD FLOORING IN BOTH LIVING AND DINING ROOMS THAT YOU HAVE BEEN LOOKING FOR. FURNACE, CENTRAL AIR ARE NEWER. CUSTOM LIGHTING THROUGHOUT. ANDERSON SLIDING GLASS DOOR LEADING TO CONCRETE PATIO AND OPEN BACK YARD FOR YOUR YEAR ROUND ENJOYMENT. ROOF, SIDING AND GUTTERS ALL IN GOOD CONDITION. TOO MUCH TO LIST SO DO NOT MISS OUT.

Last Agent to Sell the Property

Jacqueline Fuqua

Fuqua Real Estate Services LLC License #471008039 Listed on: 05/22/2019

Last Buyer's Agent

Lavonna Garrett

Coldwell Banker Realty License #475124409

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,464

Year Built

  • 1989

Lot Details

  • 6.03

HOA Fees

  • $284 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Cedar

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $3,988 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,464

Year Built

1989

Lot Details

0

HOA Fees

$284 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1989
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 11X6, On Level: Main Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1600
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick, Cedar

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: UNK
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 284
  • Management Contact Name: JEAN
  • Management Phone: 708-532-4444

Fee Information

  • Management Company: CARDINAL PROPERTY

Schools

  • School District: 227
  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 31131000151035

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Tax Info

  • Taxes: 2294.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 29, 2019
Sold by
Rey Milton and Rey Sandra
Bought by
Dowden Ashley L
Seller's Agent
Jacqueline Fuqua
Fuqua Real Estate Services LLC
Buyer's Agent
Lavonna Garrett
Coldwell Banker Realty
List Price
$147,900
Sold Price
$145,000
Premium/Discount to List
-$2,900
-1.96%
Current Estimated Value
$225,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,609
Avg. Annual Appreciation
7.42%
Original Mortgage
$137,750
Outstanding Balance
$121,972
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$103,637

Purchase Details

Closed on
Dec 11, 1996
Sold by
Bank Of Homewood
Bought by
Rey Milton J and Rey Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.74%

Purchase Details

Closed on
Oct 20, 1993
Sold by
Bank Of Homewood
Bought by
Field Jenny L
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
Dowden Ashley L $145,000 Fidelity National Title
Rey Milton J $125,000 1St American Title
Field Jenny L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowden Ashley L $137,750
Previous Owner Rey Milton J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $145,000 -2.0% $91 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $147,900 -- $92 / 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 $4,464 $13,574 $2,970 $10,604
2023 $3,796 $13,574 $2,970 $10,604
2022 $3,796 $10,107 $3,366 $6,741
2021 $5,695 $10,105 $3,365 $6,740
2020 $2,329 $10,105 $3,365 $6,740
2019 $2,339 $10,637 $3,167 $7,470
2018 $2,317 $10,637 $3,167 $7,470
2017 $2,294 $10,637 $3,167 $7,470
2016 $2,913 $10,081 $2,969 $7,112
2015 $2,795 $10,081 $2,969 $7,112
2014 $2,778 $10,081 $2,969 $7,112
2013 $4,940 $11,068 $2,969 $8,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10391043

Midwest Real Estate Data (MRED)

APN: 31-13-100-015-1035