NOT LISTED FOR SALE

503 Olive Ct Loves Park, IL 61111

Estimated Value: $128,000 - $140,000

4 Beds
1 Bath
1,110 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $66,500 $60 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $906/month

30 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Forced Air Heating System
  • Fenced Yard
  • Breakfast Bar

About This Home

As of May 2018

UNIQUE, 4 BEDROOM RANCH IN THE HEART OF LOVES PARK. LOTS OF WORK DONE IN THE LAST 5 YEARS. MOST OF THE ROOF REPLACED IN 2013. VINYL SIDING IN 2016. NEW WINDOWS IN 2013. ELECTRIC REDONE IN 2013. FURNACE INSTALLED NEW IN 2012. CUTE BACKYARD WITH PRIVACY FENCE INSTALLED IN 2013. NEW STORM DOORS IN 2018. CURRENTLY RENTED FOR $800 ON A MONTH TO MONTH. HAS RECENTLY RENTED FOR UP TO $900. HOME CAN BE MADE VACANT FOR BUYER OR KEPT AS A RENTAL. LOTS OF OFF STREET PARKING GREAT FOR TRAILERS, BOAT, RV OR VEHICLES. AE FLOOD ZONE - .2 PCT ANNUAL CHANCE FLOOD HAZARD. PRICED TO SELL QUICK!

Last Agent to Sell the Property

Brad Shields

Dickerson & Nieman Realtors License #475124882 Listed on: 03/28/2018

Dickerson & Nieman Realtors

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,370

Year Built

  • 1982

Lot Details

  • 6,098

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Rubber Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Breakfast Bar
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,370

Year Built

1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet
  • Attic: Unfinished
  • Basement: Slab
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 19X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X8, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1110

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles), Rubber
  • Acreage: 0.14

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 122
  • Elementary School: LOVES PARK ELEMENTARY SCHOOL
  • Middle School: HARLEM MIDDLE SCHOOL
  • High School: HARLEM HIGH SCHOOL
  • Junior High Dist: 122

Lot Info

  • Lot Dimensions: 50 X 130 X 50 X 130
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 1207305002

Tax Info

  • Taxes: 2388.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 23, 2018
Sold by
Gary Burfield and Gary Linda
Bought by
Bomkamp Huntyrr
Seller's Agent
Brad Shields
Dickerson & Nieman Realtors
Buyer's Agent
Non Member
NON MEMBER
List Price
$67,500
Sold Price
$66,500
Premium/Discount to List
-$1,000
-1.48%
Current Estimated Value
$133,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,768
Avg. Annual Appreciation
10.01%
Original Mortgage
$51,800
Outstanding Balance
$45,923
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$86,838

Purchase Details

Listed on
Feb 27, 2012
Closed on
Oct 5, 2012
Bought by
Burfield Gary and Burfield Linda
Seller's Agent
Sam Thew
DICKERSON & NIEMAN
Buyer's Agent
Brad Shields
DICKERSON & NIEMAN
List Price
$29,900
Sold Price
$29,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.26%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bomkamp Huntyrr $66,500 Mta
Bomkamp Huntyrr $66,500 Kelly Connor Nicholas Pc
Burfield Gary $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bomkamp Huntyrr $51,800
Closed Bomkamp Huntyrr $7,500
Closed Bomkamp Huntyrr $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $66,500 -1.5% $60 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $67,500 0.0% $61 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $67,500 +125.8% $61 / Sq Ft
10/05/2012 10/05/12 Sold $29,900 0.0% --
08/25/2012 08/25/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $29,900 -- --
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 $2,370 $34,458 $4,221 $30,237
2023 $2,202 $30,384 $3,722 $26,662
2022 $2,079 $27,158 $3,327 $23,831
2021 $1,906 $24,902 $3,051 $21,851
2020 $1,721 $23,541 $2,884 $20,657
2019 $1,737 $22,437 $2,749 $19,688
2018 $2,478 $21,144 $2,590 $18,554
2017 $2,413 $20,236 $2,479 $17,757
2016 $2,388 $19,857 $2,433 $17,424
2015 $1,208 $19,857 $2,433 $17,424
2014 $906 $7,530 $3,046 $4,484
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09898023

Midwest Real Estate Data (MRED)

APN: 12-07-305-002