NOT LISTED FOR SALE

201 Lake Dr Unit 1A Olympia Fields, IL 60461

Estimated Value: $218,000 - $245,000

3 Beds
2 Baths
1,600 Sq Ft
$323/mo HOA Fee

Last Sold August 13, 2021

Last sale price $154,000 $96 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,973/month

Highlights

  • 1 Car Attached Garage
  • Dogs and Cats Allowed
  • Gas Log Fireplace
  • Central Air
  • Senior Tax Exemptions

About This Home

As of August 2021

Spacious, Lakes of Olympia Fields condo, 3 bedroom, 2 bath, master suite with walk in closet, freshly painted, large, eat in kitchen with newer appliances and counter tops, remodeled second bath, gas fireplace, vinyl plank flooring in living/dining room. Large, walk out, screened in patio with a view of the beautiful yard. Great location close to Metra train and shopping. *MULTIPLE OFFERS RECEIVED, PLEASE BRING HIGHEST AND BEST BY 7PM WEDNESDAY, 6/23/21.

Last Agent to Sell the Property

Greta Willmer

Baird & Warner License #475141060 Listed on: 06/22/2021

Last Buyer's Agent

Yolanda Sanchez

Baird & Warner License #475168021

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,956

Lot Details

  • Additional Parcels

HOA Fees

  • $323 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lawn care, snow removal
  • 4 Units
  • Association Phone (708) 532-4444
  • Property managed by Cardinal Property Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,956

Lot Details

0

HOA Fees

$323 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
  • 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: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • 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
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 165000
  • Waterfront: No
  • Exterior Building Type: Brick,Stucco

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 323
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Cardinal Property Management
  • Management Contact Name: N/A
  • Management Phone: 708-532-4444

Fee Information

  • Association Fee Includes: Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 162

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Annual Amount: 1956.35
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 13, 2021
Sold by
Tyler Geraldine
Bought by
Hobson Lorraine
Seller's Agent
Greta Willmer
Baird & Warner
Buyer's Agent
Yolanda Sanchez
Baird & Warner
List Price
$165,000
Sold Price
$154,000
Premium/Discount to List
-$11,000
-6.67%
Current Estimated Value
$230,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,344
Avg. Annual Appreciation
10.21%
Original Mortgage
$107,800
Outstanding Balance
$98,170
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$132,174

Purchase Details

Closed on
Oct 29, 2010
Sold by
Weaver Jerry A
Bought by
Tyler Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,306
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2003
Sold by
Dickson Victor B and Dickson Elvena T
Bought by
Weaver Jerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hobson Lorraine $154,000 Baird & Warner Ttl Svcs Inc
Tyler Geraldine $120,000 None Available
Weaver Jerry A $160,000 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobson Lorraine $107,800
Previous Owner Tyler Geraldine $118,306
Previous Owner Weaver Jerry A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $154,000 -6.7% $96 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $165,000 -- $103 / 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 $5,140 $15,128 $3,310 $11,818
2023 $4,453 $15,127 $3,309 $11,818
2022 $4,453 $11,263 $3,751 $7,512
2021 $2,968 $11,261 $3,750 $7,511
2020 $2,925 $11,261 $3,750 $7,511
2019 $1,824 $9,653 $3,530 $6,123
2018 $1,805 $9,653 $3,530 $6,123
2017 $1,800 $9,653 $3,530 $6,123
2016 $3,492 $11,234 $3,309 $7,925
2015 $3,372 $11,234 $3,309 $7,925
2014 $3,342 $11,234 $3,309 $7,925
2013 $3,406 $12,140 $3,309 $8,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11131644

Midwest Real Estate Data (MRED)

APN: 31-13-100-015-1005