$560,000
SOLD FEB 14, 2019

20841 Oak Ln Olympia Fields, IL 60461

4 Beds
3 Baths
3,600 Sq Ft
1.54 Acres

Recently Sold

$156 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Detached Garage
  • Landscaped Professionally
  • Den
  • Skylights

About This Home

As of February 2019

One of the most architecturally significant Mid-Century Modern houses, easily comparable to the Farnsworth House by Mies van der Rohe or the Glass House by Philip Johnson, plus liveable private lower walk-out level facing the ravine. Other glass houses on par are museums. Known as the House on a Bluff, designed by H.P. Davis 'Deever' Rockwell, student of Mies van der Rohe, as his own family residence. A glass pavilion overlooking Butterfield Creek with private lower level living spaces. AIA award 1965. This striking two story glass house on 2.49 acres is unsurpassed in minimalist elegance and modern comforts. Terrazzo floors, 10'6" ceilings, 2 skylights. Workshop, storage etc. Many updates in recent years include the master bath, heat/ac, garage roof, double ovens, cooktop, dishwasher. All curtains for the glass walls are included (not currently installed). Originally 5 bedrooms, now decorated as 3, plus 3 full baths. Very private, secluded wooded setting. Taxes are being contested.

Last Agent to Sell the Property

Joe Kunkel

Baird & Warner License #475140310 Listed on: 01/07/2019

Baird & Warner

Co-Listed By

Nicole Meding

Baird & Warner License #475165434

Last Buyer's Agent

James Faircloth

@properties Christie's International Real Estate

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,015

Year Built

  • 1964

Lot Details

  • Lake Front
  • River Front
  • Southern Exposure
  • East or West Exposure
  • Landscaped Professionally
  • Wooded Lot

Parking

  • Detached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Walk-Out Ranch
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Skylights
  • Fireplace With Gas Starter
  • Den
  • Workroom
  • Storage Room
  • Utility Room with Study Area
  • Water Views
  • Finished Basement
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • North or South Exposure
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,015

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Special Service Area: T
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 3600
  • Style Of House: Walk-Out Ranch
  • Type Detached: 2 Stories
  • Estimated Year Built: 1964
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Interior Property Features: Skylight(s)
  • Number Of Rooms: 11
  • Living Room: Dimensions: 31X19, On Level: Main Level
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X8, On Level: Main Level
  • Dining Room: Dimensions: 19X10, On Level: Main Level
  • Kitchen Type: Dimensions: 19X7, On Level: Main Level
  • Additional Rooms: Den, Study, Storage, Workroom
  • Master Bedroom: Dimensions: 19X14, On Level: Main Level
  • Additional Room 1 Name: Study, Dimensions: 19X14, On Level: Main Level
  • Additional Room 2 Name: Den, Dimensions: 18X8, On Level: Lower
  • Bedroom 2: Dimensions: 22X13, On Level: Lower
  • Additional Room 3 Name: Work Rm, Dimensions: 14X13, On Level: Lower
  • Bedroom 3: Dimensions: 13X10, On Level: Lower
  • Additional Room 4 Name: Storage, Dimensions: 14X13, On Level: Walkout Basement
  • Bedroom 4: Dimensions: 13X10, On Level: Lower
  • Estimated Sq Ft: 3600
  • Estimated Total Finished Sq Ft: 3600
  • Lower Level Sq Ft: 1800
  • Main Level Sq Ft: 1800
  • Family Room: Dimensions: 15X12, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: 2.0-2.99 Acres
  • Exterior Building Type: Glass, Concrete
  • Waterfront: Yes
  • Exterior Property Features: Patio
  • Exposure: N (North), S (South), E (East), W (West), Lake/Water
  • Acreage: 1.546

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • 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: 2.49 ACRES
  • Lot Description: Landscaped Professionally, River Front, Water View, Wooded
  • Parcel Identification Number: 31231010190000

Tax Info

  • Taxes: 9663.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Johnson Glen W
Bought by
Merchant Thomas P and Ryan Jenna Lynn
Current Estimated Value
$704,730

Purchase Details

Closed on
Feb 23, 2021
Sold by
Merchant Thomas P
Bought by
Johnson Glen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jan 30, 2019
Sold by
Lostao Giorgio and Lostao Claudine Teresa
Bought by
Johnson Len and Merchant Thomas P
Seller's Agent
Joe Kunkel
Baird & Warner
Buyer's Agent
James Faircloth
@properties Christie's International Real Estate
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%
Original Mortgage
$401,600
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jan 25, 2016
Sold by
Valles Jeffrey W and Valles Kimberly H
Bought by
Claudine Lostao Giorio and Claudine Teresa
Seller's Agent
Joe Kunkel
Baird & Warner
Buyer's Agent
Lou Zucaro
Baird & Warner
List Price
$619,000
Sold Price
$605,000
Premium/Discount to List
-$14,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.51%
Original Mortgage
$372,099
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2010
Sold by
Valles Jeffrey W and Valles Kimberly H
Bought by
Valles Jeffrey W and Valles Kimberly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Rockwell Priscilla H
Bought by
Valles Jeffrey W and Valles Kimberly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 1999
Sold by
Rockwell Priscilla H
Bought by
Rockwell H P Davis and H P Davis Rockwell Trust

Purchase Details

Closed on
Oct 12, 1995
Sold by
Rockwell Priscilla H
Bought by
Rockwell Priscilla H and Priscilla H Rockwell Trust
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
Executors Deed $675,000 None Listed On Document
Quit Claim Deed -- Greater Illinois Title
Warranty Deed $560,000 Advisors Title Network Llc
Deed $605,000 Git
Interfamily Deed Transfer -- None Available
Deed $739,000 Baird & Warner Title Service
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $388,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $401,600 Adjustable Rate Mortgage/ARM
Previous Owner $377,000 New Conventional
Previous Owner $372,099 FHA
Previous Owner $325,000 New Conventional
Previous Owner $327,000 Unknown
Previous Owner $325,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $560,000 +1.8% $156 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $550,000 -9.1% $153 / Sq Ft
02/01/2016 02/01/16 Sold $605,000 0.0% $168 / Sq Ft
12/31/2015 12/31/15 Off Market $605,000 -- --
12/21/2015 12/21/15 Pending -- -- --
10/30/2015 10/30/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $619,000 -- $172 / 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 $25,015 $47,668 $15,489 $32,179
2023 $30,115 $60,800 $28,621 $32,179
2022 $30,115 $53,028 $25,254 $27,774
2021 $31,201 $53,026 $25,253 $27,773
2020 $28,613 $53,026 $25,253 $27,773
2019 $19,526 $39,037 $23,570 $15,467
2018 $19,374 $39,037 $23,570 $15,467
2017 $27,624 $52,552 $23,570 $28,982
2016 $8,624 $18,723 $5,050 $13,673
2015 $8,538 $18,723 $5,050 $13,673
2014 $8,377 $18,723 $5,050 $13,673
2013 $8,299 $20,088 $5,050 $15,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10167354

Midwest Real Estate Data (MRED)

APN: 31-23-101-019-0000