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Olympia Fields 60461
20808 Greenwood Drive
$279,900
● House - Off Market

20808 Greenwood Drive

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,046 Ft²
$292,148
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Charming Trilevel home with 4 bedrooms and 2.5 baths. Beautiful views from the living room bay windows and the Three season room addition. It also boasts 2 wood burning fireplaces and a private master bedroom bath. Home has a 6 yr old Generac generator whole house system, 2 year old furnace and Central air unit, replacement windows, newer copper plumbing throughout and a newer, upgraded front entry door and side panels. Lots of upgrades. It is a pleasure to show.
Unit Size
2,046 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1960

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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 #11724912)

Price History

Date / Event Date Event Price
May 25, 2023 Sold
Premium
Sold
Feb 23, 2023 Listed by Baird & Warner $289,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • 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: 15,000
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBURBAN WOODS
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-23-204-020-0000
  • Lot: 20
  • Meridian: SEC 23 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5113
  • Longitude: -87.699

    Address

  • Full Address: 20808 Greenwood Dr
  • Address - House Number: 20808
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C004
  • 4-Digit Zip Code: 1724
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $361,286
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2429
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 225,540
  • High Value: 280,330
  • Low Value: 170,749

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $63,750
  • Market Improvement Value: $166,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $6,375
  • Assessed Improvements Value: $16,625

    Sales

  • Current Sale Contract Date: May 04, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13049
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:

$375,000

Sale Price/ft²

$141

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2867 ft²

Average Home Age

55.8 years

Currently For Sale

21 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

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MRED

Listed by: Margot Courson, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11724912
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 20808 Greenwood Drive built and last sold?
The property at 20808 Greenwood Drive was built in 1960 and last sold on May 4, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 20808 Greenwood Drive is $0.
What are some comparable homes to 20808 Greenwood Drive?
There are currently no comparable homes to 20808 Greenwood Drive.
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