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Olympia Fields 60461
747 Cumnock Road
$360,000
● House - Off Market

747 Cumnock Road

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,539 Ft²
$427,560
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Beautiful home on tree lined street ,Watch the walk  through Video
Unit Size
2,539 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$150
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1995

Payment Calculator

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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 #11138006)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold
Premium
Sold
Jun 28, 2021 Listed by Better Homes & Garden Real Estate $379,900
Listed by Better Homes & Garden Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,539
  • Gross Building Area: 2,539
  • Building Area: 2,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,539
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCINTOSH & COS HAWTHORNE HILLS
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: A T (MCINTOSH) & COS (HAWTHORNE)(HILLS) OF PT EX PT F OR PUBLIC HWY BY PLAT & EX PT FOR PUBLIC HWY BY INS & LOT7 DIV OF PARTS

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-23-103-005-0000
  • Block: 11
  • Lot: 7
  • Meridian: SEC 23 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.513
  • Longitude: -87.7114

    Address

  • Full Address: 747 Cumnock Rd
  • Address - House Number: 747
  • Address - Street Name: Cumnock
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C004
  • 4-Digit Zip Code: 1002
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $774,222
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 350,461
  • High Value: 432,779
  • Low Value: 268,143

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $85,000
  • Market Improvement Value: $235,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $23,500

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2131446033
  • Previous Sale Recording Date: Jun 13, 2002
  • Previous Sale Contract Date: May 22, 2002
  • Previous Sale Document Type: 71

    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

57

Average Home Size

2713 ft²

Average Home Age

59.3 years

Currently For Sale

12 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 112 Walnut Street, Park Forest, IL, 60466

$2,350 /mo

  • 3 Beds
  • 1 Bath
112 Walnut Street, Park Forest, IL, 60466 Listing by Rebekah Butler
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 Valentino, Better Homes & Garden Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11138006
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 747 Cumnock Road built and last sold?
The property at 747 Cumnock Road was built in 1995 and last sold on Oct 18, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 747 Cumnock Road is $0.
What are some comparable homes to 747 Cumnock Road?
There are currently no comparable homes to 747 Cumnock Road.
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