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3321 Cumberland Trail

3321 Cumberland Trail, Olympia Fields, IL 60461
Property in Rich
Sold Jan 03, 2017
$287,000
$281,801 by The Anderson Financial Group I
Mortgage Due Jan 01, 2047
Sold Oct 02, 2015
$106,000
3321 Cumberland Trail in Olympia Fields, IL was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3321 Cumberland Trail has 2,986 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 12,732 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3321 Cumberland Trail sold most recently in Dec 28, 2016 for a total of $287,000. If you work out the math, that's approximately a cost of $96.12 per sqft. Before that, the property was also sold for $106,000 in Sep 11, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,593 in taxes each year. 3321 Cumberland Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,000. If we break it down further, the land itself was valued at $5,729. Improvements to the property, however, were assessed at a total of $28,271. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 12,732
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,986
  • Gross Building Area: 2,986
  • Building Area: 2,986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRAILS OF OLYMPIA FIELDS PHASE1
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (TRAILS) OF (OLYMPIA) (FIELDS) (PHASE1) SUB OF PT OF NE SEC 14-35-13

Ownership

  • Current Owner : BROWNLOW MELVIN
  • Current Owner 2: BROWNLOW ALENE
  • Previous Owner : REAL EQUITIES INC
  • Owner Before Previous Owner: HARRELL SHARON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • District: 32
  • Subdivision Phase Number: 1
  • Parcel: 31-14-202-009-0000
  • Lot: 124
  • Meridian: SEC 14 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5225
  • Longitude: -87.6983

    Address

  • Full Address: 3321 Cumberland Trl
  • Address - House Number: 3321
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C005
  • 4-Digit Zip Code: 1120
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,593
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2751
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 412,736
  • High Value: 526,288
  • Low Value: 299,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,801
  • First Open Lien Mortgage Lender: THE ANDERSON FINANCIAL GROUP I
  • First Open Lien Mortgage Recording Date: Jan 03, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $281,801
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $57,290
  • Market Improvement Value: $282,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $5,729
  • Assessed Improvements Value: $28,271

    Sales

  • Current Sale Contract Date: Dec 28, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Transaction ID: 1913485600
  • Current Sale Price: $287,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1700349432
  • Previous Sale Recording Date: Oct 02, 2015
  • Previous Sale Contract Date: Sep 11, 2015
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE ANDERSON FINANCIAL GROUP I
  • First Mortgage Transaction Date: Jan 03, 2017
  • First Mortgage Loan Amount: $281,801
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Olympia Fields



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Frequently Asked Questions

What neighborhood is 3321 Cumberland Trail located in?
The 3321 Cumberland Trail is a located in the neighborhood of Rich in Olympia Fields, Olympia Fields.
What is the average sales price for listings in 3321 Cumberland Trail?
The average sales price for units in 3321 Cumberland Trail is $0 currently.

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