NOT LISTED FOR SALE

325 Brookwood Terrace Olympia Fields, IL 60461

Estimated Value: $273,000 - $332,000

3 Beds
3 Baths
1,872 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $148,000 $79 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,265/month

36 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Cul-De-Sac
  • Wood Flooring
  • Den
  • Attached Garage

About This Home

As of September 2014

MULTIPLE OFFERS.HIGHEST/BEST DUE 5/12/14 NOON. BANK OWNED. SOLD "AS-IS/WHERE-IS" AT TIME OF CLOSE. NO DISCLOSURES.NO SURVEY.NO REPAIRS. BUYER RESPONSIBLE FOR ANY ESCROWS. TAX PRORATION 100%. Nice brick ranch located on a large cul-de-sac lot. Appears previous owner completed some updates including hardwood floors, kitchen and finished basement w/glamour bath. Still needs some finishing touches.

Last Agent to Sell the Property

Christine Kempa

Kempa Group Realty,INC. License #471001004 Listed on: 04/13/2014

Last Buyer's Agent

Keith Simanek

Coldwell Banker Residential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,696

Year Built

  • 1959

Lot Details

  • Cul-De-Sac
  • Corner Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Den
  • Wood Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

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

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

$7,696

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1959
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X17, On Level: Main Level
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 16X14, On Level: Main Level
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 16X11, On Level: Main Level
  • Additional Room 1 Name: Den, Dimensions: 13X12, On Level: Basement
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level
  • Estimated Sq Ft: 1872
  • Dining Room Type: Separate
  • Family Room: Dimensions: 30X22, On Level: Basement

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.5005

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-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 227
  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 76X38X124X182X60X106
  • Lot Description: Corner, Cul-de-sac
  • Parcel Identification Number: 31134000770000

Tax Info

  • Taxes: 6441.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2014
Closed on
Sep 12, 2014
Sold by
Old Second National Bank
Bought by
Smith Leo
Seller's Agent
Christine Kempa
Kempa Group Realty,INC.
Buyer's Agent
Keith Simanek
Coldwell Banker Residential
List Price
$160,000
Sold Price
$148,000
Premium/Discount to List
-$12,000
-7.5%
Current Estimated Value
$298,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,085
Avg. Annual Appreciation
6.10%
Original Mortgage
$145,319
Outstanding Balance
$113,281
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$169,912

Purchase Details

Closed on
Dec 17, 2013
Sold by
Murphy Jacob
Bought by
Old Second National Bank

Purchase Details

Closed on
Sep 23, 2005
Sold by
Watson Beatrice J
Bought by
Murphy Jacob G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,125
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Smith Leo $148,000 Cti
Old Second National Bank -- None Available
Murphy Jacob G $227,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Leo $39,882
Open Smith Leo $145,319
Previous Owner Murphy Jacob $219,000
Previous Owner Murphy Jacob G $216,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $148,000 +5.8% $79 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
05/08/2014 05/08/14 Price Changed $139,900 -12.6% $75 / Sq Ft
04/13/2014 04/13/14 For Sale $160,000 -- $85 / 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 $7,696 $21,000 $9,810 $11,190
2023 $6,659 $21,000 $9,810 $11,190
2022 $6,659 $15,145 $8,720 $6,425
2021 $6,658 $15,145 $8,720 $6,425
2020 $6,204 $15,145 $8,720 $6,425
2019 $6,676 $16,168 $8,175 $7,993
2018 $6,625 $16,168 $8,175 $7,993
2017 $6,435 $16,168 $8,175 $7,993
2016 $7,167 $14,273 $7,630 $6,643
2015 $7,145 $14,273 $7,630 $6,643
2014 $5,726 $14,273 $7,630 $6,643
2013 $6,750 $17,753 $7,630 $10,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08584832

Midwest Real Estate Data (MRED)

APN: 31-13-400-077-0000