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Olympia Fields 60461
20340 Ithaca Road
$225,000
● House - Off Market

20340 Ithaca Road

Olympia Fields, IL 60461
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,807 Ft²
$257,499
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

This Wonderful 3 Br. 2 Bath Ranch with a full finished basement and lots of storage in the Desirable Arcadia Subdivision on a Huge fenced in lot will give you all the space you hoped for at the price you wished for. This Home also offers you a Large Living and Dining Room with a sliding door for access to a lovely large Screened in Porch. The Master Bedroom also has an access sliding Door to a side patio area. The main floor also offers you a Den with a wood burning Fireplace next to a Florida Room with access to a large Patio. This Home is in an Estate and is priced to sell with all the Olympia Fields Codes to be taken care of for a Quick Close. Good Luck and Welcome Home!
Unit Size
1,807 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$125
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11150430)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jul 9, 2021 Listed by Coldwell Banker Realty $225,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,081
  • Total Building Area: 1,807
  • Gross Building Area: 1,807
  • Building Area: 1,807
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,807
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGGS & SONS ARCADIA
  • Land Acres: 0000000369
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • 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: 31-14-302-014-0000
  • Block: 1
  • Lot: 14
  • Meridian: SEC 14 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5193
  • Longitude: -87.7041

    Address

  • Full Address: 20340 Ithaca Rd
  • Address - House Number: 20340
  • 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: $936,168
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 271,817
  • High Value: 333,884
  • Low Value: 209,750

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $68,340
  • Market Improvement Value: $131,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $6,834
  • Assessed Improvements Value: $13,166

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2125021275

    Financing

  • First Mortgage Financing Type: FIX
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 4032 216th Street, Matteson, IL, 60443

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,267 ft²
4032 216th Street #2E, Matteson, IL, 60443 Listing by Olga Kaminska

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# 11150430
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 20340 Ithaca Road built and last sold?
The property at 20340 Ithaca Road was built in 1966 and last sold on Aug 23, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 20340 Ithaca Road is $230,603.
What are some comparable homes to 20340 Ithaca Road?
There are currently no comparable homes to 20340 Ithaca Road.
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