NOT LISTED FOR SALE

201 Lake Dr Unit 2B Olympia Fields, IL 60461

Estimated Value: $186,000 - $238,000

2 Beds
2 Baths
1,400 Sq Ft
$331/mo HOA Fee

Last Sold July 02, 2024

Last sale price $200,000 $143 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,870/month

3 Days on Market

Highlights

  • Lock-and-Leave Community
  • Whirlpool Bathtub
  • Formal Dining Room
  • Wood Flooring
  • Community Spa
  • Balcony

About This Home

As of July 2024

STUNNING CONDO IN THE LAKES OF OLYMPIA FIELDS, HARDWOOD FLOORS IN LIVING ROOM AND DINING ROOM, ELECTRIC FIREPLACE, VAULTED CEILINGS, KITCHEN HAS CERAMIC TILE FLOORING, MAPLE KITCHEN CABINETS, PANTRY CLOSET AND TILE BACKSPLASH, PRIVATE BALCONY OFF OF KITCHEN AND LIVING ROOM, IN UNIT LAUNDRY WITH WASH TUB, ALL APPLIANCES STAY, LARGE MASTER BEDROOM SUITE WITH FULL BATH, WHIRLPOOL TUB AND WALK IN CLOSET, INTERCOM SYSTEM, INDIVIDUAL GARAGE PARKING WITH STORAGE CLOSET. RENTALS NOT ALLOWED. NOT FHA APPROVED. ONLY 4 UNITS IN BUILDING

Last Agent to Sell the Property

Charlotte Miles

RE/MAX 10 License #471010237 Listed on: 05/18/2024

RE/MAX 10

Last Buyer's Agent

Marie Johnson

Kale Realty License #475150970

Kale Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 1993

Lot Details

  • 6.03

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Sink Near Laundry
  • Washer and Dryer Hookup

Home Security

Schools

  • Arcadia Elementary School
  • Illinois Middle School
  • Fine Arts And Communications Cam High School

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, lawn care, scavenger, snow removal
  • 4 Units
  • Jean Ostregen Association, Phone Number (708) 532-4444
  • Lakes Of Olympia Subdivision
  • Property managed by CARDINAL PROPERTY MANAGEMENT
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets up to 15 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,039

Year Built

Built in 1993

Lot Details

0

HOA Fees

$331 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Lakes of Olympia
  • Year Built: 1993
  • Age: 31-40 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Some Wood Floors, Separate Dining Room, Pantry
  • LivingArea: 1400
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Storm Door(s)
  • Window Features: Blinds
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 195000
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 331
  • Association Amenities: Storage, Security Door Lock(s), Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: CARDINAL PROPERTY MANAGEMENT
  • Management Contact Name: JEAN OSTREGEN
  • Management Phone: 708-532-4444X6
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Arcadia Elementary School
  • High School: Fine Arts And Communications Cam
  • Middle/Junior School: Illinois School
  • Middle/Junior School District: 162

Lot Info

  • Additional Parcels Description: 31311000151014
  • Additional Parcels: Yes
  • Lot Dimensions: 6.030
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 15

Tax Info

  • Tax Annual Amount: 4039
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jul 3, 2024
Sold by
Jackson Kimberly
Bought by
Bello Sikira J
Seller's Agent
Charlotte Miles
RE/MAX 10
Buyer's Agent
Marie Johnson
Kale Realty
List Price
$195,000
Sold Price
$200,000
Premium/Discount to List
$5,000
2.56%
Views
53
Current Estimated Value
$217,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,555
Avg. Annual Appreciation
7.02%
Original Mortgage
$190,000
Outstanding Balance
$187,731
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$29,824

Purchase Details

Closed on
Nov 27, 2001
Sold by
Landis Mark
Bought by
Jackson Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
6.6%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Landis Mark
Bought by
Landis Mark and Mark Landis Declaration Of Trust

Purchase Details

Closed on
Jan 11, 1999
Sold by
Soaries Terri R and Sories Terri A
Bought by
Landis Mark

Purchase Details

Closed on
Jul 21, 1997
Sold by
Crouse Linda S and Proskurniak Linda S
Bought by
Soaries Terri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Bello Sikira J $200,000 None Listed On Document
Jackson Kimberly $122,000 --
Landis Mark -- --
Landis Mark $129,000 Chicago Title Insurance Co
Soaries Terri A $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bello Sikira J $190,000
Previous Owner Jackson Kimberly $109,800
Previous Owner Soaries Terri A $115,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $200,000 +2.6% $143 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $195,000 -- $139 / 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 $4,637 $13,972 $3,057 $10,915
2023 $3,964 $13,972 $3,057 $10,915
2022 $3,964 $10,402 $3,464 $6,938
2021 $3,985 $10,401 $3,464 $6,937
2020 $3,760 $10,401 $3,464 $6,937
2019 $3,941 $10,949 $3,260 $7,689
2018 $3,909 $10,949 $3,260 $7,689
2017 $3,810 $10,949 $3,260 $7,689
2016 $3,956 $10,376 $3,056 $7,320
2015 $3,881 $10,376 $3,056 $7,320
2014 $3,820 $10,376 $3,056 $7,320
2013 $4,671 $13,095 $3,056 $10,039
Source: Public Records

Agents Affiliated with this Home

  • Charlotte Miles

    Seller's Agent in 2024

    Charlotte Miles

    RE/MAX 10

    (708) 204-0370

    2 in this area

    48 Total Sales

    Charlotte Miles
    Section Image

  • M

    Buyer's Agent in 2024

    Marie Johnson

    Kale Realty

    (773) 251-9305

    1 in this area

    11 Total Sales

    Marie Johnson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12034016

Midwest Real Estate Data (MRED)

APN: 31-13-100-015-1008

Illinois Cook County Olympia Fields 60461

201 Lake Dr Unit 2B, Olympia Fields, IL

This home is located at 201 Lake Dr Unit 2B, Olympia Fields, IL 60461 since 18 May 2024 and is currently estimated at $217,555, approximately $155 per square foot. This property was built in 1993. 201 Lake Dr Unit 2B is a home located in Cook County with nearby schools including Illinois School, Arcadia Elementary School, and Indiana Elementary School.

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