$182,000
SOLD APR 12, 2021

524 Brookwood Terrace Olympia Fields, IL 60461

4 Beds
2 Baths
1,709 Sq Ft
0.43 Acres

Recently Sold

$106 Per Sq Ft

9% Below List Price

51 Days on Market

Highlights

  • Mature Trees
  • L-Shaped Dining Room
  • 2 Car Attached Garage
  • Wood Flooring
  • Cul-De-Sac
  • Patio

About This Home

As of October 2021

THIS 4 BEDROOM / 2 BATH QUAD LEVEL HOME SITS ON A LARGE .43 ACRE LOT IN A CUL-DE-SAC. HARDWOOD FLOORING UNDER CARPET ON THE MAIN AND 2ND LEVELS. IT ALSO FEATURES A LARGE FAMILY ROOM WITH WOOD BURNING FIREPLACE AND SLIDING DOORS TO PATIO. HUGE BACKYARD AND NEWER ROOF, DRIVEWAY, PATIO, FURNACE, HWH, SOME WINDOWS. NEEDS UPDATING AND REPAIRS, FHA/CONVENTIONAL REHAB LOAN OR CASH REQUIRED. SOLD "AS IS", BUYER RESPONSIBLE FOR VILLAGE INSPECTION AND REPAIRS. CURRENT TAXES ARE WITHOUT EXEMPTIONS.

Last Agent to Sell the Property

Kuwana Norman

Purvey Properties, Inc. License #471004066 Listed on: 01/25/2021

Last Buyer's Agent

Daniel Weber

Charles Rutenberg Realty of IL License #475186363

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,992

Year Built

  • Built in 1958

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 72x175x37x131x147
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Mature Trees

Parking

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

Home Design

  • Split Level with Sub
  • Quad-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,709 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Olympia Woods Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,992

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Subdivision Name: Olympia Woods
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Built-In Oven
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1709
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1709
  • Assessed Sq Ft: 1709
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 1709
  • Basement Sq Ft: 600
  • Fireplace Location: Family Room
  • Total Sq Ft: 2309
  • Unfinished Basement Sq Ft: 600
  • Upper Level Sq Ft: 600
  • Main Level Sq Ft: 600
  • Lower Level Sq Ft: 509
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 200000
  • Lot Features: Cul-De-Sac, Irregular Lot, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 162

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.428
  • Lot Dimensions: 72X175X37X131X147
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7992.06
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Halbert Stacey D and Fountain Stacey D
Bought by
Stacey D Halbert Revocable Trust
Current Estimated Value
$358,299

Purchase Details

Closed on
Mar 3, 2022
Sold by
Halbert Stacey D and Fountain Stacey D
Bought by
Stacey D Halbert Revocable Trust

Purchase Details

Listed on
Sep 12, 2021
Closed on
Sep 27, 2021
Sold by
Dream Home Rebuilders Llc
Bought by
Halbert Stacey D
Seller's Agent
Daniel Weber
Charles Rutenberg Realty of IL
Buyer's Agent
Vernetta Jackson
RE/MAX Premier
List Price
$299,900
Sold Price
$318,000
Premium/Discount to List
$18,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$286,200
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 7, 2021
Sold by
Stewart Melissa and Estate Of Yvonne Stewart
Bought by
Dream Home Rebuilders Llc
Seller's Agent
Kuwana Norman
Purvey Properties, Inc.
Buyer's Agent
Daniel Weber
Charles Rutenberg Realty of IL
List Price
$200,000
Sold Price
$182,000
Premium/Discount to List
-$18,000
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
198.68%
Original Mortgage
$196,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 1996
Sold by
Smith Leonard
Bought by
Stewart Chorise M and Stewart Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.26%
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 Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $318,000 Greater Illinois Tite
Administrators Deed $182,000 Stewart Title
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Credit Line Revolving
Previous Owner $286,200 New Conventional
Previous Owner $196,000 Commercial
Previous Owner $182,756 FHA
Previous Owner $145,474 FHA
Previous Owner $128,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $318,000 +6.0% $186 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $299,900 +64.8% $175 / Sq Ft
04/12/2021 04/12/21 Sold $182,000 -9.0% $106 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $200,000 0.0% $117 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $200,000 -- $117 / 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 $8,566 $23,001 $8,398 $14,603
2023 $7,492 $23,001 $8,398 $14,603
2022 $7,492 $16,613 $7,464 $9,149
2021 $9,362 $16,612 $7,464 $9,148
2020 $8,558 $16,612 $7,464 $9,148
2019 $7,992 $15,251 $6,997 $8,254
2018 $8,732 $16,782 $6,997 $9,785
2017 $8,441 $16,782 $6,997 $9,785
2016 $7,519 $14,974 $6,531 $8,443
2015 $7,495 $14,974 $6,531 $8,443
2014 $7,326 $14,974 $6,531 $8,443
2013 $7,195 $16,121 $6,531 $9,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10978483

Midwest Real Estate Data (MRED)

APN: 31-13-400-132-0000