NOT LISTED FOR SALE

20841 Oak Ln Olympia Fields, IL 60461

Estimated Value: $481,000 - $773,624

4 Beds
3 Baths
3,600 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $675,000 $188 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,092/month

5 Days on Market

Highlights

  • River Front
  • Landscaped Professionally
  • Den
  • 2.49 Acre Lot
  • Wooded Lot
  • Workshop

About This Home

As of December 2022

Known as "The house on a Bluff" this home is a 2-story glass pavilion overlooking Butterfield Creek and is one of the most architecturally significant mid-century modern homes. Designed by H.P. Davis 'Deever' Rockwell, a student of Mies van der Rohe, as his own family residence. Recipient of the AIA award 1965 . . . Situated on 2.49 lush and secluded acres and unsurpassed in minimalist elegance and modern comforts. Terrazzo floors, 10'6" ceilings, skylights. Many new & newer updates; HVAC, garage roof, grounds lighting, kitchen appliances + more. Very versatile floor plan.

Last Agent to Sell the Property

Sophia Worden

Berkshire Hathaway HomeServices Chicago License #475117581 Listed on: 11/02/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Sophia Worden

Berkshire Hathaway HomeServices Chicago License #475117581 Listed on: 11/02/2022

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,613

Year Built

  • Built in 1964

Lot Details

  • 2.49 Acre Lot
  • River Front
  • Landscaped Professionally
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Walk-Out Ranch
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room with Study Area
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,613

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Walk-Out Ranch
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: English
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s)
  • LivingArea: 3600
  • Room Type: Den, Study, Storage, Workshop
  • Estimated Total Finished Sq Ft: 3600
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 3600
  • Fireplace Location: Living Room
  • Total Sq Ft: 3600
  • Main Level Sq Ft: 1800
  • Lower Level Sq Ft: 1800
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 699000
  • Lot Features: Landscaped, River Front, Water View, Wooded
  • Waterfront: Yes
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 162

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.49
  • Lot Dimensions: 2.49
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 28613
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Dec 12, 2022
Sold by
Johnson Glen W
Bought by
Merchant Thomas P and Ryan Jenna Lynn
Seller's Agent
Sophia Worden
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Sophia Worden
Berkshire Hathaway HomeServices Chicago
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
90
Current Estimated Value
$647,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,792
Avg. Annual Appreciation
-1.50%

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

Closed on
Jan 30, 2019
Sold by
Lostao Giorgio and Lostao Claudine Teresa
Bought by
Johnson Len and Merchant Thomas P

Home Financials for this Owner

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

Purchase Details

Closed on
Jan 25, 2016
Sold by
Valles Jeffrey W and Valles Kimberly H
Bought by
Claudine Lostao Giorio and Claudine Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

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

Range of Values:

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Average Value
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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
Merchant Thomas P $675,000 None Listed On Document
Johnson Glen W -- Greater Illinois Title
Johnson Len $560,000 Advisors Title Network Llc
Claudine Lostao Giorio $605,000 Git
Valles Jeffrey W -- None Available
Valles Jeffrey W $739,000 Baird & Warner Title Service
Rockwell H P Davis -- --
Rockwell Priscilla H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Glen W $388,000
Previous Owner Johnson Len $401,600
Previous Owner Claudine Lostao Giorio $372,099
Previous Owner Valles Jeffrey W $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2022 12/21/22 Sold $675,000 -3.4% $188 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $699,000 -- $194 / 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: 11665280

Midwest Real Estate Data (MRED)

APN: 31-23-101-019-0000