When was property at 1848 Olympic Drive built and last sold?

The property at 1848 Olympic Drive was built in 2002 and last sold on Sep 14, 2005 for $492,000.

How much is this home worth?

The estimated value of the home located at 1848 Olympic Drive is $0.

What are some comparable homes to 1848 Olympic Drive?

There are currently no comparable homes to 1848 Olympic Drive.

Vernon Hills

60061

Inverness

1848 Olympic Drive

$600,000

● House - Off Market

1848 Olympic Drive

Vernon Hills, IL 60061

3 Beds

4 Baths, 1 Half Bath

2,650 Ft²

$4,630

Est. Monthly

$450

HOA / Fees

2.59%

Cap Rate

About This Property

GREAT HOME IN INVERNESS AT GREGG'S LANDING. IT FEATURES A BRIGHT OPEN FLOOR PLAN. 2 STORY FOYER OPENS TO LIVING AND DINING ROOM. GOURMET KITCHEN WITH 42" MAPLE CABINETS, GRANITE COUNTERTOPS, UPGRADED STAINLESS STEEL APPLIANCES AND SEPARATE EATING AREA. FAMILY ROOM WITH FIREPLACE. MASTER SUITE HAS DELUXE BATHROOM AND LARGE WALK-IN CALIFORNIA CLOSET. TWO GENEROUS SIZE BEDROOMS PLUS LOFT ON 2ND FLOOR. HUGE FINISHED BASEMENT HAS ENTERTAINMENT/RECREATION ROOM, GUEST BEDROOM WITH FULL BATH, OFFICE, LAUNDRY AND LOTS OF STORAGE/CLOSET SPACE WITH ORGANIZERS. FINISHED GARAGE WITH SPECIAL FLOORING. ROOF WAS REPLACED 2018, EXTERIOR PAINTED 2019. EXCELLENT SCHOOL DISTRICT. CLOSE TO SHOPPING, RESTAURANTS, EXPRESSWAYS AND MORE.

Unit Size

2,650 Ft²

Days on Market

Land Size

0.15 acres

Price per sqft

$230

Property Type

House

Property Taxes

$1,185

HOA Dues

$450

Year Built

2002

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12091811)

Price History

Date / Event	Date	Event
Nov 8, 2024	Sold	Premium
Sold
Oct 12, 2024	In contract	-
In contract
Sep 29, 2024	Price Decreased	$609,900 ↓ $10K (1.6%)
Price Decreased
Aug 4, 2024	Price Decreased	$619,900 ↓ $10K (1.6%)
Price Decreased
Jul 28, 2024	Relisted	$629,900
Relisted
Jul 5, 2024	In contract	-
In contract
Jun 30, 2024	Price Decreased	$629,900 ↓ $20K (3.1%)
Price Decreased
Jun 22, 2024	Listed by American Real Estate Services	$649,900
Listed by American Real Estate Services

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2002
Building Count: 1
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 1
Construction Type: 0
Building Style: 5
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Floor Cover: 0
Basement Type: 9
Basement Area: 1,964
Garage Type: 1
Garage Square Area: 420
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,534

Lot Size Depth Feet: 1,110
Lot Size Frontage Feet: 600
Total Building Area: 5,034
Gross Building Area: 5,034
Building Area: 2,650
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 0
Heated Square Feet: 2,650
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: INVERNESS PHASE 2
Land Acres: 0000000150
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: INVERNESS PHASE 2; LOT 46

Neighborhood

School District Name: Libertyville Community High School District 128

Census Tract: 863904

Geography

District: LIBERTYVILLE

Subdivision Phase Number: 2
Parcel: 11-29-311-066
Lot: 46
Municipality: TWP OF LIBERTYVILLE
Latitude: 42.2597
Longitude: -87.9759

Address

Full Address: 1848 Olympic Dr

Address - House Number: 1848
Address - Street Name: Olympic
Address - Suffix Type: Dr
State: IL
City Name: Vernon Hills
Carrier Code: R005
4-Digit Zip Code: 4547
Zip Code: 60061

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,290,608
Tax Rate Code Area: 11012

Appraisal Valuation

Standard Deviation: 0.165

Valuation Date: Feb 28, 2024
Confidence Score: 79
Final Value: 563,028
High Value: 655,943
Low Value: 470,114

Market Valuation

Market Total Value: $480,708

Market Land Value: $72,727
Market Improvement Value: $407,981

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $160,220
Assessed Land Value: $24,240
Assessed Improvements Value: $135,980

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 14, 2005

Current Sale Recording Date: Oct 18, 2005
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 5877342
Previous Sale Recording Date: Jun 13, 2003
Previous Sale Contract Date: May 29, 2003
Previous Sale Amount: $409,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Inverness

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

Average Home Size

2848 ft²

Average Home Age

27.1 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 403 E Park Street, Mundelein, IL, 60060

$3,000 /mo

4 Beds
2 Baths
1,420 ft²

403 E Park Street, Mundelein, IL, 60060 Listing by Dawn Kasten

Unit for rent at 1011 Green Meadow Avenue, Vernon Hills, IL, 60061

$3,300 /mo

3 Beds
2 Baths
1,936 ft²

1011 Green Meadow Avenue, Vernon Hills, IL, 60061 Listing by Sang Han

Unit for rent at 2129 Yellowstone Boulevard, Mundelein, IL, 60060

$3,300 /mo

3 Beds
2 Baths
1,798 ft²

2129 Yellowstone Boulevard, Mundelein, IL, 60060 Listing by Vasanth Nandyala

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Andrew Shevelev, American Real Estate Services
Last Updated: 2 years ago
Data Source: MRED, MLS# 12091811

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1848 Olympic Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Inverness

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions