$120,200
SOLD OCT 4, 2019

2641 Corinth Rd Olympia Fields, IL 60461

4 Beds
3 Baths
2,010 Sq Ft
0.36 Acres

Recently Sold

$60 Per Sq Ft

14% Below List Price

107 Days on Market

Highlights

  • Vaulted Ceiling
  • Attached Garage
  • Breakfast Bar
  • Corner Lot
  • Walk-In Closet
  • Property is near a bus stop

About This Home

As of May 2020

"REHABBERS AND INVESTORS" SPECIAL. HUGE TE-LEVEL WITH INCREDIBLE POTENTIAL. ALL ROOMS ARE OVERSIZED. FOUR BIG BEDROOMS. MASTER HAS PRIVATE BATH WITH WALK IN CLOSET. THREE FULL BATHS.BIG LIVING ROOM AND DINING ROOM COMBO WITH CATHEDRAL CEILINGS. HUGE KITCHEN WITH EATING AREA. LOWER LEVEL FAMILY ROOM WITH FIREPLACE. ALL OF THIS PLUS A SUB-BASEMENT. GREAT POTENTIAL ON A BIG CORNER LOT. CASH BUYERS OR REHABBERS WITH POF LINE OF CREDIT. HOME NEEDS THE WORK YOU CAN IMAGINE AT THIS PRICE BUT WHAT POTENTIAL. SOLD AS-IS BUT OLYMPIA FIELDS VILLAGE INSPECTION WILL BE PROVIDED.

Last Agent to Sell the Property

Jim Dace

Harthside Realtors, Inc. License #471002784 Listed on: 04/30/2019

Last Buyer's Agent

Todd McCain

HomeSmart Realty Group License #475167400

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,177

Parking

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

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Unfinished Basement
  • Partial Basement
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Utilities

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

Additional Features

  • Corner Lot
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,177

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Tri-Level
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 22X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X11, On Level: Lower, Flooring: Carpet
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X19, On Level: Lower, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.3696

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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: 111X185X89X68X76X20X
  • Lot Description: Corner
  • Parcel Identification Number: 31242040140000

Tax Info

  • Taxes: 7227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 29, 2020
Sold by
Cc Affordable Housing Llc
Bought by
Love Smith Katrina Nicole
Seller's Agent
Jeannie Autry
Leverage Investments, LLC
Buyer's Agent
Zenovia Love
Keller Williams Preferred Rlty
List Price
$264,500
Sold Price
$266,500
Premium/Discount to List
$2,000
0.76%
Current Estimated Value
$359,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,671
Avg. Annual Appreciation
6.05%
Original Mortgage
$261,672
Outstanding Balance
$236,155
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$124,634

Purchase Details

Listed on
Apr 30, 2019
Closed on
Sep 27, 2019
Sold by
Prime Vestors Inc
Bought by
Cc Affordable Housing Llc
Seller's Agent
Jim Dace
Harthside Realtors, Inc.
Buyer's Agent
Todd McCain
HomeSmart Realty Group
List Price
$139,900
Sold Price
$120,200
Premium/Discount to List
-$19,700
-14.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
240.40%
Original Mortgage
$2,000,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2019
Sold by
Bella Development Ltd
Bought by
Prime Vestors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,566
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2018
Sold by
Citimortgage Inc
Bought by
Bella Development Ltd

Purchase Details

Closed on
Sep 26, 2018
Sold by
Simmons Sharon A
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 26, 2002
Sold by
Simmons Clarence
Bought by
Simmons Sharon A

Purchase Details

Closed on
Dec 31, 1997
Sold by
Esformes Morris I
Bought by
Simmons Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
10.35%

Purchase Details

Closed on
May 29, 1997
Sold by
Haas Michael G
Bought by
Esformes Morris I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
8.5%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $266,500 Attorney
Warranty Deed $120,500 Fidelity National Title
Special Warranty Deed $110,000 Mortgage Connect Lp
Quit Claim Deed $825 Servicelink Llc
Sheriffs Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $165,000 Chicago Title Insurance Co
Warranty Deed $187,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,526 Unknown
Open $261,672 FHA
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $146,566 Commercial
Previous Owner $196,377 FHA
Previous Owner $196,450 FHA
Previous Owner $196,450 FHA
Previous Owner $176,000 Unknown
Previous Owner $115,500 No Value Available
Previous Owner $182,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $266,500 +0.8% $121 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $264,500 -0.8% $120 / Sq Ft
04/18/2020 04/18/20 Off Market $266,500 -- --
04/17/2020 04/17/20 For Sale $264,500 +120.0% $120 / Sq Ft
10/04/2019 10/04/19 Sold $120,200 -14.1% $60 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $139,900 +2.9% $70 / Sq Ft
07/30/2019 07/30/19 Price Changed $135,900 -2.9% $68 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $139,900 +16.4% $70 / Sq Ft
06/08/2019 06/08/19 Off Market $120,200 -- --
04/30/2019 04/30/19 For Sale $139,900 -- $70 / 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 $11,177 $27,987 $8,724 $19,263
2023 $9,080 $29,000 $8,724 $20,276
2022 $9,080 $19,410 $7,754 $11,656
2021 $9,061 $19,409 $7,754 $11,655
2020 $9,999 $19,409 $7,754 $11,655
2019 $10,992 $20,976 $7,269 $13,707
2018 $9,127 $20,976 $7,269 $13,707
2017 $8,853 $20,976 $7,269 $13,707
2016 $8,061 $18,549 $6,785 $11,764
2015 $7,972 $18,549 $6,785 $11,764
2014 $7,818 $18,549 $6,785 $11,764
2013 $8,041 $20,647 $6,785 $13,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10361211

Midwest Real Estate Data (MRED)

APN: 31-24-205-021-0000