916 Olson Spring Close Belvidere, IL 61008
Estimated Value: $542,000 - $562,000
4
Beds
3
Baths
4,232
Sq Ft
$130/Sq Ft
Est. Value
Highlights
- Home Gym
- 4 Car Attached Garage
- Central Air
About This Home
As of April 2024This home is located at 916 Olson Spring Close, Belvidere, IL 61008 since 23 March 2022 and is currently estimated at $550,999, approximately $130 per square foot. This property was built in 2000. 916 Olson Spring Close is a home located in Boone County with nearby schools including Seth Whitman Elementary School, Belvidere Central Middle School, and Belvidere North High School.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,514
Year Built
- Built in 2000
Lot Details
- 1.66 Acre Lot
- Lot Dimensions are 315x180x330.27x280
Parking
- 4 Car Attached Garage
- Parking Space is Owned
Home Design
- Stucco
Interior Spaces
- 4,232 Sq Ft Home
- 2-Story Property
- Home Gym
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
- Private or Community Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2022
Closed on
Apr 17, 2024
Sold by
Chaires Alex
Bought by
Hernandez Ernesto B and Hernandez Erika Carlos
Seller's Agent
Malcolm Payne
Payne Realty
Buyer's Agent
Roberto Morales-Corona
Coldwell Banker Realty
List Price
$500,000
Sold Price
$500,000
Total Days on Market
617
Views
775
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,999
Avg. Annual Appreciation
9.14%
Original Mortgage
$400,000
Outstanding Balance
$397,533
Interest Rate
9.5%
Mortgage Type
Construction
Estimated Equity
$153,466
Purchase Details
Listed on
Mar 22, 2019
Closed on
Jan 31, 2020
Sold by
Santorini Bruce J and Santorini Dee B
Bought by
Chaires Alex
Seller's Agent
Frank Gambino
Gambino Realtors
Buyer's Agent
Malcolm Payne
Payne Realty
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
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
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Similar Homes in Belvidere, IL
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2024 04/17/24 | Sold | $500,000 | 0.0% | $118 / Sq Ft |
| 12/26/2023 12/26/23 | For Sale | $500,000 | 0.0% | $118 / Sq Ft |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- |
| 10/08/2023 10/08/23 | For Sale | $500,000 | 0.0% | $118 / Sq Ft |
| 10/07/2023 10/07/23 | Off Market | $500,000 | -- | -- |
| 12/08/2022 12/08/22 | Price Changed | $500,000 | 0.0% | $118 / Sq Ft |
| 12/08/2022 12/08/22 | For Sale | $500,000 | 0.0% | $118 / Sq Ft |
| 12/03/2022 12/03/22 | Off Market | $500,000 | -- | -- |
| 10/05/2022 10/05/22 | Price Changed | $475,000 | -5.0% | $112 / Sq Ft |
| 09/03/2022 09/03/22 | Price Changed | $500,000 | -4.8% | $118 / Sq Ft |
| 06/05/2022 06/05/22 | Price Changed | $525,000 | 0.0% | $124 / Sq Ft |
| 06/05/2022 06/05/22 | For Sale | $525,000 | +5.0% | $124 / Sq Ft |
| 06/03/2022 06/03/22 | Off Market | $500,000 | -- | -- |
| 03/29/2022 03/29/22 | Price Changed | $575,000 | -8.0% | $136 / Sq Ft |
| 03/23/2022 03/23/22 | For Sale | $625,000 | +60.3% | $148 / Sq Ft |
| 01/31/2020 01/31/20 | Sold | $390,000 | -2.5% | $147 / Sq Ft |
| 12/27/2019 12/27/19 | Pending | -- | -- | -- |
| 10/24/2019 10/24/19 | For Sale | $399,900 | 0.0% | $151 / Sq Ft |
| 10/24/2019 10/24/19 | Price Changed | $399,900 | +2.5% | $151 / Sq Ft |
| 10/03/2019 10/03/19 | Off Market | $390,000 | -- | -- |
| 07/12/2019 07/12/19 | Price Changed | $429,900 | -1.1% | $162 / Sq Ft |
| 06/19/2019 06/19/19 | Price Changed | $434,900 | -1.1% | $164 / Sq Ft |
| 05/23/2019 05/23/19 | Price Changed | $439,900 | -2.2% | $166 / Sq Ft |
| 03/22/2019 03/22/19 | For Sale | $449,900 | -- | $170 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Malcolm Payne
Seller's Agent in 2024
Malcolm Payne
Payne Realty
(815) 975-0243
118 Total Sales
-
Roberto Morales-Corona
Buyer's Agent in 2024
Roberto Morales-Corona
Coldwell Banker Realty
(847) 809-2050
40 Total Sales
-
Frank Gambino
Seller's Agent in 2020
Frank Gambino
Gambino Realtors
(815) 637-0113
75 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11354972
APN: 05-07-226-004
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