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3416 Woodland Drive

3416 Woodland Drive, Olympia Fields, IL 60461
House in Rich
Sold Nov 01, 2019
$165,000
$165,000 by Mortgage Research Center Llc
Mortgage Due Nov 01, 2049
Local assessors in Olympia Fields, IL have categorized 3416 Woodland Drive as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 15,201 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3416 Woodland Drive has a total of 1,880 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 18, 2019 for $165,000. That's $87.77 per sqft. 3416 Woodland Drive was last assessed in 2023. The total value of the property was assessed at $27,000. Specifically, the land the property is located on was valued at $6,460. While improvements on the property were assessed at a total of $20,540. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,877. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,201
  • Total Building Area: 1,880
  • Gross Building Area: 1,880
  • Building Area: 1,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBURBAN WOODS SUB OF OLYMPIA
  • Land Acres: 0.349
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBURBAN) (WOODS) SUB OF (OLYMPIA) FIELDS ILL SUB OF PT NE SEC 23-35-13

Ownership

  • Current Owner : PARHAM STANLEY
  • Previous Owner : RAUSCH SUZANNE E
  • Previous Owner 2: RAUSCH JOHN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-23-206-009-0000
  • Lot: 73
  • Meridian: SEC 23 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5123
  • Longitude: -87.6997

    Address

  • Full Address: 3416 Woodland Dr
  • Address - House Number: 3416
  • Address - Street Name: Woodland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C004
  • 4-Digit Zip Code: 1711
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,877
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 279,107
  • High Value: 342,839
  • Low Value: 215,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Nov 01, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $64,600
  • Market Improvement Value: $205,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $6,460
  • Assessed Improvements Value: $20,540

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11672305996
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1930549053

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Olympia Fields



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Frequently Asked Questions

What neighborhood is 3416 Woodland Drive located in?
The 3416 Woodland Drive is a house located in the neighborhood of Rich in Olympia Fields, Olympia Fields.
What is the average sales price for listings in 3416 Woodland Drive?
The average sales price for units in 3416 Woodland Drive is $0 currently.

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