$60,000
SOLD NOV 24, 2014

20318 Fairfield Ave Olympia Fields, IL 60461

4 Beds
2 Baths
1,332 Sq Ft
0.28 Acres

Recently Sold

$45 Per Sq Ft

52% Below List Price

337 Days on Market

Highlights

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

About This Home

As of March 2015

Large investor owned home recently vacated by tenant. Sold as-is with no survey, no termite. Buyer to take on Village inspections and escrows.

Last Agent to Sell the Property

Diane Abell

Baird & Warner License #475133130 Listed on: 11/17/2013

Last Buyer's Agent

John Gutman

Gutman Real Estate License #471018492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,138

Year Built

  • 1961

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Partially Finished Basement

  • Partial Basement

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,138

Year Built

1961

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
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: Split Level
  • Estimated Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 24X16, On Level: Main Level
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14X12, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 18X10, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 1332
  • Family Room: Dimensions: 23X13, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • 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: 31144010120000

Tax Info

  • Taxes: 6101.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Tucker Douglas Joel
Bought by
Calkat One Llc
Current Estimated Value
$286,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,924
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 4, 2014
Closed on
Mar 20, 2015
Sold by
Mack Industries V Llc
Bought by
Tucker Douglas Joel
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2014
Closed on
Feb 3, 2015
Sold by
Mack Industries Ii Llc
Bought by
Mack Industries V Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2013
Closed on
Oct 20, 2014
Sold by
Kprz Development Llc
Bought by
Mack Industries Ii Llc
Seller's Agent
Diane Abell
Baird & Warner
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$125,000
Sold Price
$60,000
Premium/Discount to List
-$65,000
-52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1652.11%
Original Mortgage
$8,000,000
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 10, 2008
Sold by
Lasalle Bank Na
Bought by
Kprz Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2007
Sold by
Dixon David
Bought by
Lasalle Bank Na and Merrill Lynch Mortgage Investors Inc 200

Purchase Details

Closed on
Apr 6, 2006
Sold by
Shelton Antonia
Bought by
Dixon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
9%
Mortgage Type
Balloon

Purchase Details

Closed on
May 18, 2005
Sold by
Shelton Antonia and Shelton Jonathan
Bought by
Shelton Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
7.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Shelton Antonia and Shelton Jonathan

Purchase Details

Closed on
Sep 2, 2002
Sold by
Shelton Jonathan M
Bought by
Chicago Title Land Trust Co and Trust #1110992

Purchase Details

Closed on
Jun 11, 2002
Sold by
Armbruster James F and Armbruster Dorothy A
Bought by
Shelton Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,350
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2000
Sold by
Bridgeview Bank & Trust
Bought by
Armbruster James F and Armbruster Dorothy A
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $150,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $60,000 Multiple
Corporate Deed $115,000 1St American Title
Legal Action Court Order -- None Available
Warranty Deed $260,000 Lawyers
Interfamily Deed Transfer -- Nations Title Agency Inc
Deed -- --
Warranty Deed -- --
Warranty Deed $174,000 Chicago Title Insurance Co
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Closed $86,924 Commercial
Closed $120,000 New Conventional
Closed $3,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $8,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,800,000 Credit Line Revolving
Previous Owner $247,000 Balloon
Previous Owner $211,000 New Conventional
Previous Owner $176,305 FHA
Previous Owner $171,350 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2016 05/07/16 Rented $1,875 0.0% --
04/08/2016 04/08/16 Under Contract -- -- --
04/06/2016 04/06/16 For Rent $1,875 0.0% --
03/20/2015 03/20/15 Sold $150,000 -6.3% $82 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $160,000 +166.7% $87 / Sq Ft
11/24/2014 11/24/14 Sold $60,000 -16.7% $45 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/10/2014 10/10/14 Price Changed $72,000 -12.2% $54 / Sq Ft
10/03/2014 10/03/14 Price Changed $82,000 -8.9% $62 / Sq Ft
09/19/2014 09/19/14 Price Changed $90,000 -5.3% $68 / Sq Ft
08/27/2014 08/27/14 Price Changed $95,000 -24.0% $71 / Sq Ft
07/18/2014 07/18/14 For Sale $125,000 0.0% $94 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $125,000 0.0% $94 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/07/2014 03/07/14 Price Changed $125,000 -33.9% $94 / Sq Ft
11/17/2013 11/17/13 For Sale $189,000 -- $142 / 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 $9,138 $21,000 $5,259 $15,741
2023 $7,137 $21,000 $5,259 $15,741
2022 $7,137 $12,568 $4,641 $7,927
2021 $7,082 $12,567 $4,640 $7,927
2020 $6,474 $12,567 $4,640 $7,927
2019 $7,263 $13,860 $4,331 $9,529
2018 $7,212 $13,860 $4,331 $9,529
2017 $6,972 $13,860 $4,331 $9,529
2016 $6,333 $12,612 $4,021 $8,591
2015 $6,313 $12,612 $4,021 $8,591
2014 $6,675 $13,643 $4,021 $9,622
2013 $6,450 $14,451 $4,021 $10,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08489750

Midwest Real Estate Data (MRED)

APN: 31-14-401-012-0000