NOT LISTED FOR SALE

916 Olson Spring Close Unit 3551 Belvidere, IL 61008

Estimated Value: $542,000 - $562,000

4 Beds
3 Baths
4,232 Sq Ft
$130/Sq Ft Est. Value

About This Home

This home is located at 916 Olson Spring Close Unit 3551, Belvidere, IL 61008 and is currently estimated at $550,999, approximately $130 per square foot. 916 Olson Spring Close Unit 3551 is a home located in Boone County with nearby schools including Seth Whitman Elementary School, Belvidere Central Middle School, and Belvidere North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Chaires Alex
Bought by
Hernandez Ernesto B and Hernandez Erika Carlos
Current Estimated Value
$550,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$397,748
Interest Rate
9.5%
Mortgage Type
Construction
Estimated Equity
$153,251

Purchase Details

Closed on
Jan 31, 2020
Sold by
Santorini Bruce J and Santorini Dee B
Bought by
Chaires Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,186
Interest Rate
3.37%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 2009
Bought by
Santorini Dee B and Santorini Bruce J

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Hernandez Ernesto B $500,000 Title Underwriters Agency
Chaires Alex $390,000 Title Underwriters Agency
Santorini Dee B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ernesto B $400,000
Previous Owner Chaires Alex $345,186
Source: Public Records

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
2023 $12,694 $159,235 $25,758 $133,477
2022 $12,102 $148,446 $25,758 $122,688
2021 $10,513 $129,675 $25,758 $103,917
2020 $11,869 $131,769 $25,758 $106,011
2019 $12,188 $138,920 $25,758 $113,162
2018 $12,099 $439,414 $333,000 $106,414
2017 $11,536 $132,597 $26,183 $106,414
2016 $11,847 $130,445 $26,016 $104,429
2015 $5,283 $113,526 $25,758 $87,768
2014 $1,832 $110,547 $25,758 $84,789
Source: Public Records

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