NOT LISTED FOR SALE

3533 Olive Dr Belvidere, IL 61008

Estimated Value: $287,000 - $305,000

4 Beds
2 Baths
1,988 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $225,000 $113 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,993/month

4 Days on Market

Highlights

  • 0.84 Acre Lot
  • Recreation Room
  • Gazebo
  • Deck
  • Mud Room
  • Skylights

About This Home

As of June 2023

Cul-de-sac living at its best - just a hop, skip to Belvidere, Poplar Grove & Timber Pointe Golf Course! This .84 acre lot is loaded with mature trees, country views and a Gazebo to take it all in from. Lovingly maintained, this home features generous room sizes, a walk-out lower level & even a small sub-basement/wine cellar/canning area/storm shelter - whatever you need! Updates include a newer furnace, 2007 hot water heater, Kinetico water softener. Come for a tour & enjoy the best of the Spring from the outdoor deck & landscape!

Last Agent to Sell the Property

Kim Keefe

Compass License #475125819 Listed on: 05/03/2023

Compass

Last Buyer's Agent

Christi Steines

Dickerson & Nieman Realtors License #471004161

Dickerson & Nieman Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1976

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 93 x 107 x 266 x 204 x 206
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,988 Sq Ft Home
  • Skylights
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Gazebo

Schools

  • Seth Whitman Elementary School
  • Belvidere Central Middle School
  • Belvidere North High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,392

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Water Softener Owned
  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Skylight(s)
  • LivingArea: 1988
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Sump Pump
  • Room Type: Recreation Room, Foyer, Mud Room
  • Estimated Total Finished Sq Ft: 1988
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1988
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Gazebo
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone,Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Seth Whitman Elementary School
  • High School: Belvidere North High School
  • Middle/Junior School: Belvidere Central Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.84
  • Lot Dimensions: 93 X 107 X 266 X 204 X 206
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2392.42
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 6, 2023
Sold by
Trust No 1
Bought by
Kennedy Morris A
Seller's Agent
Kim Keefe
Compass
Buyer's Agent
Christi Steines
Dickerson & Nieman Realtors
List Price
$199,900
Sold Price
$225,000
Premium/Discount to List
$25,100
12.56%
Views
111
Current Estimated Value
$294,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,587
Avg. Annual Appreciation
10.92%
Original Mortgage
$180,000
Outstanding Balance
$175,594
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$118,993

Purchase Details

Closed on
Aug 15, 1995
Bought by
Fredriksen Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kennedy Morris A $225,000 Title Underwriters Agency
Fredriksen Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Morris A $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $225,000 +12.6% $113 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $199,900 -- $101 / 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 $5,441 $74,200 $11,940 $62,260
2023 $5,441 $63,334 $11,940 $51,394
2022 $4,367 $51,397 $11,940 $39,457
2021 $2,392 $50,442 $11,940 $38,502
2020 $2,535 $46,306 $11,940 $34,366
2019 $3,150 $45,351 $11,940 $33,411
2018 $2,699 $140,493 $108,355 $32,138
2017 $2,611 $44,805 $12,137 $32,668
2016 $2,679 $41,684 $12,060 $29,624
2015 $1,383 $40,172 $13,124 $27,048
2014 $7,066 $39,225 $13,124 $26,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11773678

Midwest Real Estate Data (MRED)

APN: 05-10-376-007