See Home Value
$505,000
● House - Off Market

1864 Olympic Drive

Vernon Hills, IL 60061
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,800 Ft²
$505,796
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Stunning Diamond in the rough! Bring your measuring tape and decorating ideas to one of the largest models available in Inverness with over 2,800 square feet of living space! Dramatic two story entry with 18 foot ceiling in the foyer, living and dining and family rooms. Gourmet dine-in kitchen with 42" cabinets, stainless appliances and granite counters. Vaulted ceiling in the primary bedroom with skylights and deluxe bath. Great home and location just waiting for your imagination to unlock the potential!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$179
Property Type
House
Property Taxes
$1,079
HOA Dues
$420
Year Built
2000

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Last updated: 3 years ago (MRED MLS #11380263)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Sold
Apr 20, 2022 Listed by @properties Christie's International Real Estate $500,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,657
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 430
  • Total Building Area: 4,919
  • Gross Building Area: 4,919
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INVERNESS PHASE 2
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: INVERNESS PHASE 2; LOT 48

Neighborhood

  • School District Name: Libertyville Community High School District 128
  • Census Tract: 863904

Geography

  • District: LIBERTYVILLE
  • Subdivision Phase Number: 2
  • Parcel: 11-29-311-064
  • Lot: 48
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2601
  • Longitude: -87.9761

    Address

  • Full Address: 1864 Olympic Dr
  • Address - House Number: 1864
  • 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: $1,317,790
  • Tax Rate Code Area: 11012

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 574,235
  • High Value: 669,786
  • Low Value: 478,685

    Market Valuation

  • Market Total Value: $491,674
  • Market Land Value: $72,727
  • Market Improvement Value: $418,947

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,875
  • Assessed Land Value: $24,240
  • Assessed Improvements Value: $139,635

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7914896
  • Previous Sale Recording Date: Jul 21, 2006
  • Previous Sale Contract Date: May 26, 2006
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Inverness


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Nearby Rentals

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Unit for rent at 124 E Sunnyside Avenue, Libertyville, IL, 60048

$3,500 /mo

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  • 1 Bath
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124 E Sunnyside Avenue, Libertyville, IL, 60048 Listing by Arthur Bragg
Unit for rent at 449 Bay Tree Circle, Vernon Hills, IL, 60061

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 3,054 ft²
449 Bay Tree Circle, Vernon Hills, IL, 60061 Listing by Misael Chacon


Frequently Asked Questions

When was property at 1864 Olympic Drive built and last sold?
The property at 1864 Olympic Drive was built in 2000 and last sold on Jun 16, 2022 for $505,000.
How much is this home worth?
The estimated value of the home located at 1864 Olympic Drive is $0.
What are some comparable homes to 1864 Olympic Drive?
There are currently no comparable homes to 1864 Olympic Drive.