NOT LISTED FOR SALE

200 Lake Dr Unit 2A Olympia Fields, IL 60461

Estimated Value: $182,000 - $233,000

3 Beds
2 Baths
1,600 Sq Ft
$324/mo HOA Fee

Last Sold December 23, 2022

Last sale price $155,000 $97 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,759/month

70 Days on Market

Highlights

  • Formal Dining Room
  • Laundry Room
  • Dogs and Cats Allowed
  • 1 Car Attached Garage
  • Central Air

About This Home

As of December 2022

This second floor corner condo has lots of light and opens to a green space. It has a great modern layout and large room sizes. The kitchen as a nice eat in space and there is a separate dining room. along with a big balcony off of the living room. The living room has a vaulted ceiling and a fire place. The garage is attached to the building and has a separate storage room. Its a lot of value for the asking price. Please be sure to view the floor plan!

Last Agent to Sell the Property

Bill Grossmann

RE/MAX Premier License #475092884 Listed on: 08/11/2022

Co-Listed By

Wendy Ornelas

RE/MAX Premier License #475200152

Last Buyer's Agent

Kywana Ross

United Real Estate-Chicago License #475143460

United Real Estate-Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,925

Year Built

  • Built in 1992

Lot Details

  • Additional Parcels

HOA Fees

  • $324 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Fine Arts And Communications Cam High School

Utilities

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

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, scavenger
  • 4 Units
  • Jean Ostregen Association, Phone Number (708) 532-4444
  • Property managed by Cardinal PMI

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,925

Year Built

Built in 1992

Lot Details

0

HOA Fees

$324 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1992
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Square Footage Comments: Please see floor plan for layout and room sizes
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 324
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Cardinal PMI
  • Management Contact Name: Jean Ostregen
  • Management Phone: 708-532-4444X6
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • High School: Fine Arts And Communications Cam

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5925.02
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Dec 16, 2022
Sold by
Tan Neomi Seng
Bought by
Ward Andre A and Shelton-Ward Darlene
Seller's Agent
Bill Grossmann
RE/MAX Premier
Buyer's Agent
Kywana Ross
United Real Estate-Chicago
List Price
$159,000
Sold Price
$155,000
Premium/Discount to List
-$4,000
-2.52%
Views
36
Current Estimated Value
$212,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,480
Avg. Annual Appreciation
10.75%
Original Mortgage
$158,565
Outstanding Balance
$153,831
Interest Rate
7.5%
Mortgage Type
VA
Estimated Equity
$58,649
Source: Public Records
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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
Ward Andre A $155,000 None Listed On Document
Ward Andre A $155,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Andre A $158,565
Closed Ward Andre A $158,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $155,000 -2.5% $97 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $159,000 0.0% $99 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $159,000 -- $99 / 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
2025 $3,985 $15,128 $3,310 $11,818
2024 $3,985 $15,128 $3,310 $11,818
2023 $6,395 $15,127 $3,309 $11,818
2022 $6,395 $11,263 $3,751 $7,512
2021 $6,346 $11,261 $3,750 $7,511
2020 $5,801 $11,261 $3,750 $7,511
2019 $6,212 $11,854 $3,530 $8,324
2018 $6,168 $11,854 $3,530 $8,324
2017 $5,963 $11,854 $3,530 $8,324
2016 $5,641 $11,234 $3,309 $7,925
2015 $5,623 $11,234 $3,309 $7,925
2014 $5,496 $11,234 $3,309 $7,925
2013 $6,328 $14,178 $3,309 $10,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11488716

Midwest Real Estate Data (MRED)

APN: 31-13-100-015-1003