NOT LISTED FOR SALE

3218 Cumberland Trail Olympia Fields, IL 60461

Estimated Value: $423,000 - $491,000

4 Beds
2.5 Baths
2,958 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $400,000 $135 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,939/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Stainless Steel Appliances
  • Vaulted Ceiling
  • Formal Dining Room
  • 3-minute walk to Bicentennial Park

About This Home

As of September 2021

Beautifully updated and ready for new owners! Brick front, two story home in The Trails of Olympia Fields Subdivision. This property offers over 2900 sq ft of living space with TONS of updates and upgrades. BRAND NEW ROOF and NEW asphalt driveway. New water heater, New Furnace, New plumbing and updated electrical. Gorgeous new kitchen with white, shaker style cabinets, quartz countertops, stainless appliances and a fabulous breakfast area. Updated bathrooms, which includes a separate shower, double sinks and a stunning free-standing soaker tub. Master bedroom has great closet space! All new paint, refinished hardwood floors and carpet on the 2nd floor. Located on a large wooded .35 Acre lot that does not back up to any homes. Floor to ceiling brick fireplace in the family room. Main level laundry room, 2 car attached garage and an unfinished basement. This home is close to Bicentennial Park, Olympia Fields Metra Station and Rich Central High School. Schedule your private showing TODAY! Taxes can be appealed and brought down to an ESTIMATED $9694 per year with homeowners exemption and appeal. Ask your agent for tax appeal document available to them in the MLS!

Last Agent to Sell the Property

Neil Gates

Chase Real Estate LLC License #475174838 Listed on: 07/21/2021

Last Buyer's Agent

Charissa Sims

J.A. Gibson & Associates, Ltd. License #475185148

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,546

Year Built

  • Built in 1991 | Remodeled in 2021

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 80 x 180

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • James Dawson Association, Phone Number (708) 508-7066
  • Trails Of Olympia Fields Subdivision
  • Property managed by Trails of Olympia Fields

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,546

Year Built

Built in 1991 | Remodeled in 2021

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Trails of Olympia Fields
  • Year Built: 1991
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2958
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Kitchen: Eating Area-Table Space
  • MRD_MBB: Full
  • Master Bedroom Dimensions: 21X15

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 389700
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Trails of Olympia Fields
  • Management Contact Name: James Dawson
  • Management Phone: 708-508-7066

Fee Information

  • Association Fee Includes: Other

Schools

  • Middle/Junior School District: 162

Lot Info

  • Lot Size Acres: 0.3571
  • Lot Dimensions: 80 X 180
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 15546
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 17, 2021
Sold by
Marys Lane Spurrier Llc
Bought by
Carter Roosevelt and Webb Courtney E
Seller's Agent
Neil Gates
Chase Real Estate LLC
Buyer's Agent
Charissa Sims
J.A. Gibson & Associates, Ltd.
List Price
$389,700
Sold Price
$400,000
Premium/Discount to List
$10,300
2.64%
Current Estimated Value
$450,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,421
Avg. Annual Appreciation
2.32%
Original Mortgage
$400,000
Outstanding Balance
$376,555
Interest Rate
4.62%
Mortgage Type
VA
Estimated Equity
$59,819

Purchase Details

Listed on
Feb 5, 2020
Closed on
Dec 8, 2020
Sold by
Cfai Special Assets Llc
Bought by
Marys Lane Spurrier Llc
Seller's Agent
Edward Lukasik
RE/MAX Professionals
Buyer's Agent
Christian Chase
Chase Real Estate LLC
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.22%

Purchase Details

Closed on
Jul 8, 2019
Sold by
United Bridge Capital Llc
Bought by
Cfai Special Assets Llc

Purchase Details

Closed on
Jul 24, 2018
Sold by
The Valiant Group Inc
Bought by
United Bridge Capital Llc

Purchase Details

Closed on
Apr 20, 2016
Sold by
Kimbrough Frank
Bought by
The Valiant Group Inc

Purchase Details

Closed on
Dec 30, 2013
Sold by
Joint Ventures Inc
Bought by
The Vgi Trust

Purchase Details

Closed on
Feb 28, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Joint Ventures Llc

Purchase Details

Closed on
Jan 31, 2007
Sold by
Wilson James
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-1

Purchase Details

Closed on
Jul 2, 2006
Sold by
Koshman Brothers Development Corp
Bought by
Wilson James

Purchase Details

Closed on
Mar 1, 2006
Sold by
Wilson James
Bought by
Kushman Brothers Development Corp

Purchase Details

Closed on
Nov 10, 2005
Sold by
Greene Torrence
Bought by
Wilson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,800
Interest Rate
7.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2000
Sold by
Payne Peter and Payne Callie L
Bought by
Greene Torrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,400
Interest Rate
7.87%

Purchase Details

Closed on
Jul 26, 1993
Sold by
Webb Valerie V
Bought by
Payne Peter and Payne Callie L
Source: Public Records

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Range of Values:

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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
Carter Roosevelt $400,000 Lakeland Title Services
Marys Lane Spurrier Llc $185,000 Fidelity National Title
Cfai Special Assets Llc $150,000 Attorney
United Bridge Capital Llc -- None Available
The Valiant Group Inc -- None Available
The Vgi Trust -- Fidelity Natl Title Ins Co
Joint Ventures Llc $163,000 Home Equity Title Svcs Inc
Deutsche Bank National Trust Co -- None Available
Wilson James -- None Available
Kushman Brothers Development Corp -- None Available
Wilson James $368,500 Multiple
Greene Torrence $273,000 --
Payne Peter $166,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Roosevelt $400,000
Previous Owner Wilson James $294,800
Previous Owner Wilson James $73,700
Previous Owner Greene Torrence L $66,080
Previous Owner Greene Torrence $178,000
Previous Owner Greene Torrence $177,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $400,000 +2.6% $135 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $389,700 +110.6% $132 / Sq Ft
12/10/2020 12/10/20 Sold $185,000 -15.5% $63 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $219,000 -2.7% $74 / Sq Ft
07/30/2020 07/30/20 For Sale $225,000 0.0% $76 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $225,000 -- $76 / 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 -- $34,000 $7,000 $27,000
2023 -- $34,000 $7,000 $27,000
2022 $0 $27,632 $6,222 $21,410
2021 $15,572 $27,631 $6,222 $21,409
2020 $14,235 $27,631 $6,222 $21,409
2019 $15,546 $29,666 $5,833 $23,833
2018 $15,436 $29,666 $5,833 $23,833
2017 $14,922 $29,666 $5,833 $23,833
2016 $12,043 $23,981 $5,444 $18,537
2015 $12,004 $23,981 $5,444 $18,537
2014 $11,733 $23,981 $5,444 $18,537
2013 $12,943 $29,001 $5,444 $23,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11164057

Midwest Real Estate Data (MRED)

APN: 31-14-204-004-0000