NOT LISTED FOR SALE

2568 Oakwood Terrace Olympia Fields, IL 60461

Estimated Value: $292,516 - $355,000

3 Beds
3 Baths
1,802 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 24, 2014

Last sale price $150,000 $83 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,527/month

35 Days on Market

Highlights

  • Property is adjacent to nature preserve
  • Vaulted Ceiling
  • Cul-De-Sac
  • Wooded Lot
  • Circular Driveway
  • Attached Garage

About This Home

As of December 2014

Great Opportunity & potential on a premium cul-de-sac lot. Large back yard next to wooded area of country club. Plenty of room to spread out with 3 finished levels + an unfinished Basement. All rooms are a good size, including the Eat-in Kitchen with Island & patio doors to yard, Formal Living & Dining Rooms, & BIG Family Rm w/ fireplace & patio doors. Circular drive off of very quiet street of well kept homes.

Last Agent to Sell the Property

Tom Lemmenes

Tom Lemmenes, Inc. License #471005786 Listed on: 08/27/2014

Last Buyer's Agent

Marlo Tsai

Avant Garde Realty Group, INC License #475153354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,356

Year Built

  • 1972

Lot Details

  • Property is adjacent to nature preserve
  • Cul-De-Sac
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

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

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Burning Fireplace

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,356

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X15, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Sub-Basement
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 18X12, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1802
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 31X18, On Level: Lower, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.65

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Circular
  • 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: 78X315X274X178
  • Lot Description: Cul-de-sac, Nature Preserve Adjacent, Wooded
  • Parcel Identification Number: 31134002040000

Tax Info

  • Taxes: 8628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2014
Closed on
Dec 23, 2014
Sold by
Snyder Brian P and Snyder Diane L
Bought by
Watson Sherry R
Seller's Agent
Tom Lemmenes
Tom Lemmenes, Inc.
Buyer's Agent
Marlo Tsai
Avant Garde Realty Group, INC
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$321,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,379
Avg. Annual Appreciation
6.97%
Original Mortgage
$142,373
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1996
Sold by
South Holland Trust & Svgs Bank
Bought by
Snyder Brian P and Snyder Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
Watson Sherry R $150,000 Attorneys Title Guaranty Fun
Snyder Brian P $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Sherry R $414,100
Closed Watson Sherry R $142,373
Previous Owner Snyder Brian P $150,000
Previous Owner Snyder Brian P $121,000
Previous Owner Snyder Brian P $137,900
Previous Owner Snyder Brian P $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2014 12/24/14 Sold $150,000 +3.4% $83 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $145,000 -3.3% $80 / Sq Ft
09/13/2014 09/13/14 Price Changed $149,900 -6.3% $83 / Sq Ft
08/27/2014 08/27/14 For Sale $159,900 -- $89 / 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 $9,356 $24,816 $12,816 $12,000
2023 $8,819 $24,816 $12,816 $12,000
2022 $8,819 $18,951 $11,392 $7,559
2021 $8,802 $18,949 $11,391 $7,558
2020 $8,164 $18,949 $11,391 $7,558
2019 $8,867 $20,350 $10,679 $9,671
2018 $8,801 $20,350 $10,679 $9,671
2017 $8,538 $20,350 $10,679 $9,671
2016 $8,610 $17,146 $9,967 $7,179
2015 $8,583 $17,146 $9,967 $7,179
2014 $8,389 $17,146 $9,967 $7,179
2013 $8,628 $19,333 $9,967 $9,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08712793

Midwest Real Estate Data (MRED)

APN: 31-13-400-204-0000