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Olympia Fields 60461
20334 Ithaca Road
$260,000
● House - Off Market

20334 Ithaca Road

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,406 Ft²
$299,999
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

"Note this Huge Price Reduction" Due to your Feedback the Estate has Priced this Large Lovely 4 BR 2.5 Bath  Estate Sale Home being "Sold As Is" this Home only needs your TLC and will offer You Large rooms, a family room with a fire place eat in kitchen, formal living & dining rooms, enclosed sun room over looking a large fenced in yard for entertaining and its all in a prime location Centrally located to Schools, parks, the Metra, restaurants, shopping centers and grocery stores, this could be the home you wanted at the price you hoped for. Make your appointment today and get ready to make the right Move!
Unit Size
2,406 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$125
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11879341)

Price History

Date / Event Date Event Price
Nov 13, 2023 Sold
Premium
Sold
Sep 7, 2023 Listed by Coldwell Banker Realty $299,999
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,675
  • Total Building Area: 2,406
  • Gross Building Area: 2,406
  • Building Area: 2,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,406
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGGS & SONS ARCADIA
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: A G (BRIGGS) & (SONS)(ARCADIA) SUB OF WH OF SE EX 2AC S NE CORNER OF WH OF SE 20RODS DEPTH E-W&16RODS WIDTH N&S ALL PT OF SW

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830005

Geography

  • District: 32
  • Parcel: 31-14-302-013-0000
  • Meridian: SEC 14 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5195
  • Longitude: -87.704

    Address

  • Full Address: 20334 Ithaca Rd
  • Address - House Number: 20334
  • Address - Street Name: Ithaca
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C003
  • 4-Digit Zip Code: 1359
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $833,061
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 336,261
  • High Value: 413,043
  • Low Value: 259,479

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $66,620
  • Market Improvement Value: $193,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $6,662
  • Assessed Improvements Value: $19,338

    Sales

  • Current Sale Contract Date: Nov 08, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6066
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Olympia Fields

Stats & Trends

Median Asking:

$361,250

Sale Price/ft²

$141

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2750 ft²

Average Home Age

60.1 years

Currently For Sale

13 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 21510 Maple Street, Matteson, IL, 60443

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
21510 Maple Street, Matteson, IL, 60443 Listing by Kimberly Mc Aloon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Beele, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11879341
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.

Frequently Asked Questions

When was property at 20334 Ithaca Road built and last sold?
The property at 20334 Ithaca Road was built in 1975 and last sold on Nov 8, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 20334 Ithaca Road is $305,376.
What are some comparable homes to 20334 Ithaca Road?
There are currently no comparable homes to 20334 Ithaca Road.
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