NOT LISTED FOR SALE

916 Olson Spring Close Belvidere, IL 61008

Estimated Value: $572,000 - $616,000

4 Beds
3 Baths
4,232 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $500,000 $118 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,147/month

617 Days on Market

Highlights

  • 1.66 Acre Lot
  • 4 Car Attached Garage
  • Central Air
  • Home Gym

About This Home

As of April 2024

This home is located at 916 Olson Spring Close, Belvidere, IL 61008 since 23 March 2022 and is currently estimated at $589,721, approximately $139 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.

Last Agent to Sell the Property

Malcolm Payne

Payne Realty License #471017737 Listed on: 03/23/2022

Last Buyer's Agent

Roberto Morales-Corona

Coldwell Banker Realty License #475200501

Coldwell Banker Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,514

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 4232
  • Room Type: Exercise Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 1.66
  • Lot Dimensions: 315X180X330.27X280
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 10514
  • Tax Year: 2021

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
Views
775
Current Estimated Value
$589,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,721
Avg. Annual Appreciation
10.45%
Original Mortgage
$400,000
Outstanding Balance
$396,435
Interest Rate
9.5%
Mortgage Type
Construction
Estimated Equity
$193,286

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2024 04/17/24 Sold $500,000 0.0% $118 / Sq Ft
04/17/2024 04/17/24 Sold $500,000 0.0% $118 / Sq Ft View Prior Sale
03/16/2024 03/16/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $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 -- -- --
12/01/2023 12/01/23 Pending -- -- --
10/08/2023 10/08/23 For Sale $500,000 0.0% $118 / Sq Ft
10/08/2023 10/08/23 For Sale $500,000 0.0% $118 / Sq Ft
10/08/2023 10/08/23 Off Market $500,000 -- --
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
12/08/2022 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
12/04/2022 12/04/22 Off Market $500,000 -- --
12/03/2022 12/03/22 Off Market $500,000 -- --
10/05/2022 10/05/22 Price Changed $475,000 0.0% $112 / Sq Ft
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 0.0% $118 / 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 0.0% $124 / 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
06/04/2022 06/04/22 Off Market $500,000 -- --
06/03/2022 06/03/22 Off Market $500,000 -- --
03/29/2022 03/29/22 Price Changed $575,000 0.0% $136 / Sq Ft
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 0.0% $148 / Sq Ft
03/03/2022 03/03/22 For Sale $625,000 +60.3% $148 / Sq Ft
01/31/2020 01/31/20 Sold $390,000 -2.5% $147 / Sq Ft View Prior Sale
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

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 $12,694 $165,121 $25,758 $139,363
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11354972

Midwest Real Estate Data (MRED)

APN: 05-07-226-004