NOT LISTED FOR SALE

2506 Oakwood Dr Olympia Fields, IL 60461

Estimated Value: $305,944 - $439,000

4 Beds
2 Baths
2,200 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $94,900 $43 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $2,678/month

97 Days on Market

About This Home

As of August 2016

OPEN CONTEMPORARY RANCH WITH OVER 2,000 SQUARE FEET SITTING ON A LARGE WOODED LOT. REAR LIVING ROOM OFFERS TONS OF NATURAL LIGHT WITH A WALL OF GLASS WINDOWS AND FIREPLACE, GALLEY STYLE KITCHEN DUAL HEATING AND WATER HEATERS. PROPERTY TAXES WILL BE LOWER WTH TAX EXEMPTION. PROPERTY SOLD AS-IS. SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION. VILLAGE INSPECTION HAS BEEN DONE AND IS AVAILABLE FOR BUYER'S REVIEW

Last Agent to Sell the Property

Charlotte Miles

RE/MAX 10 License #471010237 Listed on: 04/14/2016

RE/MAX 10

Last Buyer's Agent

Stephen Norton

HomeSmart Connect LLC License #475155319

Home Details

Home Type

  • Single Family

Year Built

  • 1957

Lot Details

  • 0.4

Parking

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

Home Design

  • Ranch Style House
  • Frame Construction

Additional Features

  • North or South Exposure
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): 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
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X15, On Level: Main Level
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X12, On Level: Main Level
  • Kitchen Type: Dimensions: 24X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level
  • Bedroom 4: Dimensions: 12X10, On Level: Main Level
  • Estimated Sq Ft: 2200
  • Family Room: Dimensions: 20X15, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame
  • Exposure: N (North)
  • Acreage: 0.4054

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 17661
  • Parcel Identification Number: 31134000640000

Tax Info

  • Taxes: 5704.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
Norton & Norton Llc
Bought by
Foley James P and Foley Jamie C
Current Estimated Value
$366,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Outstanding Balance
$171,571
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$195,415

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jul 26, 2016
Sold by
Fifth Third Bank
Bought by
Norton & Norton Llc
Seller's Agent
Charlotte Miles
RE/MAX 10
Buyer's Agent
Stephen Norton
HomeSmart Connect LLC
List Price
$99,900
Sold Price
$94,900
Premium/Discount to List
-$5,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%

Purchase Details

Closed on
Feb 24, 2016
Sold by
Engelberg Ramona
Bought by
Fifth Third Bank

Purchase Details

Closed on
May 9, 2003
Sold by
Engelberg Phillip and Engelberg Ramona
Bought by
Engelberg Phillip and Ramona Engelberg Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2003
Sold by
Engelberg Phillip
Bought by
Engelberg Phillip and Engelberg Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 1999
Sold by
Engelberg Phillip
Bought by
Engelberg Phillip and Ramona Engelberg Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Foley James P $210,000 Attorney
Norton & Norton Llc $95,000 Fidelity National Title
Fifth Third Bank -- None Available
Engelberg Phillip -- --
Engelberg Phillip -- --
Engelberg Phillip -- --
Engelberg Phillip -- --
Engelberg Phillip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley James P $206,196
Previous Owner Engelberg Phillip $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Sold $94,900 0.0% $43 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/12/2016 07/12/16 Price Changed $94,900 -5.0% $43 / Sq Ft
07/06/2016 07/06/16 For Sale $99,900 0.0% $45 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $99,900 -- $45 / 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 $9,001 $24,001 $7,948 $16,053
2023 $8,317 $24,001 $7,948 $16,053
2022 $8,317 $18,066 $7,064 $11,002
2021 $8,304 $18,065 $7,064 $11,001
2020 $7,708 $18,065 $7,064 $11,001
2019 $7,115 $17,006 $6,622 $10,384
2018 $7,061 $17,006 $6,622 $10,384
2017 $10,601 $21,076 $6,622 $14,454
2016 $5,855 $11,659 $6,181 $5,478
2015 $5,836 $11,659 $6,181 $5,478
2014 $5,704 $11,659 $6,181 $5,478
2013 $4,311 $14,167 $6,181 $7,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09196083

Midwest Real Estate Data (MRED)

APN: 31-13-400-064-0000