NOT LISTED FOR SALE

2408 207th St Olympia Fields, IL 60461

Estimated Value: $377,397 - $421,000

4 Beds
3 Baths
2,542 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $221,250 $87 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,222/month

22 Days on Market

Highlights

  • Landscaped Professionally
  • Wooded Lot
  • Corner Lot
  • Recreation Room
  • Wood Flooring
  • 2-minute walk to Sergeant Means Park

About This Home

As of August 2015

NOW'S YOUR CHANCE TO OWN LIKE-NEW CONSTRUCTION IN OLYMPIA FIELDS AT AN AFFORDABLE PRICE! CONVENIENTLY LOCATED CLOSE TO MILLENNIUM TRAIN STATION, THIS 4 BEDROOM, 2.1 BATH TWO STORY HOME WITH ATTACHED GARAGE, MAIN LEVEL FAMILY ROOM WITH FIREPLACE, LOWER LEVEL RECREATION ROOM AND 1ST FLOOR LAUNDRY HAS BEEN COMPLETELY REDEVELOPED FROM TOP TO BOTTOM. ALL YOUR CLIENTS HAVE TO DO IS MOVE-IN!

Last Agent to Sell the Property

John Gutman

Vylla Home Listed on: 06/15/2015

Co-Listed By

Keith Tarasiewicz

Oak Park Avenue Realty, LTD

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • 1986

Lot Details

  • Landscaped Professionally
  • Corner Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Fireplace With Gas Starter
  • Breakfast Room
  • Recreation Room
  • Wood Flooring
  • Storm Screens
  • Laundry on main level
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Breakfast Room, Recreation Room
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 28X25, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 2542
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 22X13, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Storms/Screens
  • Exposure: N (North)
  • Acreage: 0.34

Garage/Parking

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

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 15,000
  • Lot Description: Corner, Landscaped Professionally, Wooded
  • Parcel Identification Number: 31242000120000

Tax Info

  • Taxes: 8,239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Aug 14, 2015
Sold by
Mack Industries Ltd
Bought by
Johnson Torrey R and Johnson Kimberly A
Seller's Agent
John Gutman
Vylla Home
Buyer's Agent
Non Member
NON MEMBER
List Price
$224,900
Sold Price
$221,250
Premium/Discount to List
-$3,650
-1.62%
Current Estimated Value
$416,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,192
Avg. Annual Appreciation
5.79%
Original Mortgage
$217,242
Outstanding Balance
$170,627
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$225,722

Purchase Details

Closed on
Apr 14, 2015
Sold by
Mack Investments I Llc
Bought by
Mack Industries Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jul 1, 2014
Sold by
Mack Industries Ii Llc
Bought by
Mack Investments I Llc
Seller's Agent
George Vlasis
George Vlasis Realty
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$121,000
Sold Price
$91,875
Premium/Discount to List
-$29,125
-24.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%

Purchase Details

Listed on
Mar 31, 2014
Closed on
May 23, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Mack Industries Ii Llc
Seller's Agent
George Vlasis
George Vlasis Realty
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$121,000
Sold Price
$91,875
Premium/Discount to List
-$29,125
-24.07%

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 7, 2014
Sold by
Brown Gary
Bought by
Nationstar Mortgage Llc
Seller's Agent
George Vlasis
George Vlasis Realty
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$121,000
Sold Price
$91,875
Premium/Discount to List
-$29,125
-24.07%

Purchase Details

Closed on
Aug 11, 1995
Sold by
Matthews Lloyd W and Matthews Margaret M
Bought by
Brown Gary and Brown Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,700
Interest Rate
7.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Torrey R $221,500 Git
Mack Industries Ltd -- Git
Mack Investments I Llc -- Git
Mack Industries Ii Llc $92,000 Multiple
Nationstar Mortgage Llc -- First American Title Ins Co
Brown Gary $187,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Torrey R $217,242
Previous Owner Mack Industries Ltd $6,000,000
Previous Owner Brown Gary $149,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2015 08/14/15 Sold $221,250 -1.6% $87 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $224,900 +144.8% $88 / Sq Ft
05/27/2014 05/27/14 Sold $91,875 -19.2% $36 / Sq Ft View Prior Sale
04/29/2014 04/29/14 Pending -- -- --
04/29/2014 04/29/14 Price Changed $113,735 +23.8% $45 / Sq Ft
03/31/2014 03/31/14 Off Market $91,875 -- --
03/31/2014 03/31/14 For Sale $121,000 -- $48 / 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 $12,483 $32,000 $6,750 $25,250
2023 $10,048 $32,000 $6,750 $25,250
2022 $10,048 $21,112 $6,000 $15,112
2021 $10,021 $21,112 $6,000 $15,112
2020 $9,278 $21,112 $6,000 $15,112
2019 $9,142 $20,874 $5,625 $15,249
2018 $9,074 $20,874 $5,625 $15,249
2017 $8,802 $20,874 $5,625 $15,249
2016 $7,947 $15,825 $5,250 $10,575
2015 $7,921 $15,825 $5,250 $10,575
2014 $6,486 $15,825 $5,250 $10,575
2013 $8,239 $21,091 $5,250 $15,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08953676

Midwest Real Estate Data (MRED)

APN: 31-24-200-012-0000