$155,200
SOLD JAN 31, 2014

20306 Fairfield Ave Olympia Fields, IL 60461

3 Beds
2 Baths
1,038 Sq Ft
0.28 Acres

Recently Sold

$150 Per Sq Ft

13% Below List Price

24 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to Bicentennial Park

About This Home

As of January 2014

GREAT OPPORTUNITY TO OWN A FULLY REDEVELOPED HOME IN GREAT LOCATION; WALK TO TRAIN & PARK

Last Agent to Sell the Property

John Gutman

Gutman Real Estate License #471018492 Listed on: 11/19/2013

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,626

Year Built

  • 1960

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Basement

  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,626

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1960
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X13, On Level: Main Level
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 18X16, On Level: Main Level
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: 2nd Level
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level
  • Estimated Sq Ft: 1038
  • Family Room: Dimensions: 18X12, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.2841

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 227
  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 75X165
  • Parcel Identification Number: 31144010180000

Tax Info

  • Taxes: 5228.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Springview Investments Ii Il Four Llc
Bought by
Springview Sfr Owner Llc
Current Estimated Value
$227,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,238,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2017
Sold by
American Residential Leasing Company Llc
Bought by
Springview Investments Ii Il Four Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,307,933
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 19, 2013
Closed on
Jan 30, 2014
Sold by
Chicago Title Land Trust Company
Bought by
American Residential Leasing Company Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$178,400
Sold Price
$155,200
Premium/Discount to List
-$23,200
-13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
Jun 25, 2013
Closed on
Sep 17, 2013
Sold by
Mack Industries Ltd
Bought by
Chicago Title Land Trust Co and Trust Number 800236167
Seller's Agent
Kathy Wood
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
John Gutman
Vylla Home
List Price
$79,000
Sold Price
$69,200
Premium/Discount to List
-$9,800
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
653.29%

Purchase Details

Listed on
Jun 25, 2013
Closed on
Sep 9, 2013
Sold by
Mack Industries Ltd
Bought by
Chicago Title Land Trust Co and Trust Number 8002361677
Seller's Agent
Kathy Wood
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
John Gutman
Vylla Home
List Price
$79,000
Sold Price
$69,200
Premium/Discount to List
-$9,800
-12.41%

Purchase Details

Listed on
Jun 25, 2013
Closed on
Aug 19, 2013
Sold by
Access Credit Union
Bought by
Mack Industries Ltd
Seller's Agent
Kathy Wood
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
John Gutman
Vylla Home
List Price
$79,000
Sold Price
$69,200
Premium/Discount to List
-$9,800
-12.41%

Purchase Details

Closed on
Nov 15, 2012
Sold by
Freeman Anthony
Bought by
Access Cu

Purchase Details

Closed on
Aug 23, 2001
Sold by
Goldberger David A
Bought by
Freeman Anthony and Freeman Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
11.25%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Special Warranty Deed $750,000 Fidelity National Title
Deed $422,000 Git
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $69,500 Precision Title
Sheriffs Deed -- None Available
Executors Deed $132,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,271,832 New Conventional
Previous Owner $26,238,000 Commercial
Previous Owner $4,700,000 Commercial
Previous Owner $5,307,933 Construction
Previous Owner $10,000 Unknown
Previous Owner $130,000 Unknown
Previous Owner $125,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $155,200 -13.0% $150 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $178,400 +157.8% $172 / Sq Ft
09/06/2013 09/06/13 Sold $69,200 -12.4% $67 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $79,000 -- $76 / 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 $7,626 $17,525 $5,259 $12,266
2023 $6,466 $17,525 $5,259 $12,266
2022 $6,466 $11,386 $4,641 $6,745
2021 $6,416 $11,385 $4,640 $6,745
2020 $6,123 $11,885 $4,640 $7,245
2019 $5,796 $11,061 $4,331 $6,730
2018 $5,755 $11,061 $4,331 $6,730
2017 $6,770 $13,460 $4,331 $9,129
2016 $5,506 $10,965 $4,021 $6,944
2015 $5,489 $10,965 $4,021 $6,944
2014 $5,365 $10,965 $4,021 $6,944
2013 $5,467 $14,879 $4,021 $10,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08490535

Midwest Real Estate Data (MRED)

APN: 31-14-401-018-0000