See Home Value
Olympia Fields 60461
2571 Oakwood Drive
$200,000
● House - Off Market

2571 Oakwood Drive

Olympia Fields, IL 60461
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,388 Ft²
$1,974
Est. Monthly
5.78%
Cap Rate

About This Property

Back on the market! Sprawling 3 bedroom 3 bathroom large ranch style home in Olympia Fields waiting for its new owner to maximize its full potential! Situated on close to an acre lot, this gem features hardwood floors on the main level, a living room and dining room, main level family room/den, eat-in kitchen with oak cabinets and ceramic tile, nice sized bedrooms, floor-to-ceiling windows throughout the house, skylights, a four season Florida room on the main level and two wood burning fireplaces in the living room and the recreation room. The primary bedroom includes a nice sized shared bath with double vanity and a large walk-in sunken shower. There is a partially finished basement with a recreation room that includes a dry bar, a laundry room and more! There is also an oversized 2.5-car attached heated garage with circular driveway, large shed in the backyard and more! The home needs work and is looking for a buyer with the vision to maximize its potential! Being sold "as is".
Unit Size
2,388 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$105
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1958

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Last updated: 3 years ago (MRED MLS #11932566)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Sold
Nov 16, 2023 Listed by @properties Christie's International Real Estate $249,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 42,507
  • Total Building Area: 2,388
  • Gross Building Area: 2,388
  • Building Area: 2,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,388
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLYMPIA WOODS FIRST
  • Land Acres: 0000000976
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (OLYMPIA) (WOODS) (FIRST) ADD SUB OF PT OF SEC SEC 13-35-13

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-13-400-045-0000
  • Block: 78
  • Lot: 78
  • Meridian: SEC 13 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5191
  • Longitude: -87.6798

    Address

  • Full Address: 2571 Oakwood Dr
  • Address - House Number: 2571
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C001
  • 4-Digit Zip Code: 1526
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $897,144
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 245,001
  • High Value: 269,772
  • Low Value: 220,229

    Market Valuation

  • Market Total Value: $316,280
  • Market Land Value: $191,280
  • Market Improvement Value: $125,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,628
  • Assessed Land Value: $19,128
  • Assessed Improvements Value: $12,500

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 33382
  • Previous Sale Recording Date: Nov 21, 2003
  • Previous Sale Contract Date: Nov 03, 2003
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: 68
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 Olympia Fields


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Frequently Asked Questions

When was property at 2571 Oakwood Drive built and last sold?
The property at 2571 Oakwood Drive was built in 1958 and last sold on Dec 29, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 2571 Oakwood Drive is $0.
What are some comparable homes to 2571 Oakwood Drive?
There are currently no comparable homes to 2571 Oakwood Drive.