NOT LISTED FOR SALE

1216 Olive Rd Homewood, IL 60430

Estimated Value: $253,000 - $274,000

3 Beds
2 Baths
1,370 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $240,000 $175 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,048/month

5 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Granite Countertops
  • Homewood-Flossmoor High School Rated A-
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of July 2023

Conveniences are YOURS! This 3-Bedroom, 1.75 Bathroom updated home has amenities that you have been waiting for! Driving up, you will feel elated, as this home is well taken care of. Nicely done landscaping and vinyl siding greet you. As you make your way up the stairs and into the Front Room (currently used as a Dining area), the original hardwood flooring and wainscoting feature enhance this room. It is a perfect entertaining area. The Kitchen features exquisite granite countertops, plenty of cabinet space - the cabinets are so rich looking, and Frigidaire Gallery Stainless Steel appliances. AMAZING Living/Family room greet you next. Stunning wood burning stove, and spacious enough for all of your furniture. Bedrooms feature ceiling fans and hardwood flooring. THERE IS MORE...as you make your way to the Basement, you will notice a partially finished area to create a place of your own, along with another updated Bathroom with Shower. 2.5-car detached garage and lovely backyard with a deck are ready for your summer nights ahead. Washer (2022) and Dryer stay! Water Heater 2015. Furnace/AC well-maintained. Close to Interstate Access, Metra train, restaurants, shopping, schools, and downtown Homewood with fun summer festivities ahead! This is a home you do not want to miss out on - just move on in!

Last Agent to Sell the Property

Joanne Dal Santo

Weichert, Realtors- Shoreline License #475183533 Listed on: 05/31/2023

Weichert, Realtors- Shoreline

Last Buyer's Agent

Michael Saladino

Keller Williams ONEChicago License #471019865

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,308

Year Built

  • Built in 1952

Lot Details

  • 8,886 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 1,370 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Schools

  • Homewood-Flossmoor High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,308

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Granite Counters
  • LivingArea: 1370
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System, Water Heater-Gas
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1370
  • Assessed Sq Ft: 1370
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1370
  • Fireplace Location: Living Room
  • Square Footage Comments: Buyer(s) Agent to verify all measurements
  • Total Sq Ft: 1370
  • Upper Level Sq Ft: 1370
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 240000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 6.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Homewood-Flossmoor High School
  • Middle/Junior School District: 153

Lot Info

  • Lot Size Acres: 0.204
  • Lot Dimensions: 8893
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5308.04
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 7, 2023
Sold by
Schmitt Drew and Schmitt Maria D
Bought by
Phillips Tasha
Seller's Agent
Joanne Dal Santo
Weichert, Realtors- Shoreline
Buyer's Agent
Michael Saladino
Keller Williams ONEChicago
List Price
$240,000
Sold Price
$240,000
Views
118
Current Estimated Value
$261,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,903
Avg. Annual Appreciation
4.96%
Original Mortgage
$10,000
Outstanding Balance
$2,133
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$264,294

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 22, 2021
Sold by
Bahar Ameer R and Bahar Jennifer
Bought by
Schmitt Maria D and Schmitt Drew
Seller's Agent
Michelle Kurtz
eXp Realty
Buyer's Agent
Joanne Dal Santo
Weichert, Realtors- Shoreline
List Price
$209,900
Sold Price
$230,000
Premium/Discount to List
$20,100
9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$184,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 27, 2016
Sold by
Joyce James and Olone Kimberly
Bought by
Bahar Jennifer and Bahar Ameer R
Seller's Agent
Ron Wexler
Keller Williams Preferred Rlty
Buyer's Agent
Jason Vander Meer
RE/MAX 10 in the Park
List Price
$179,900
Sold Price
$168,000
Premium/Discount to List
-$11,900
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$159,600
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2015
Sold by
Renick Mary Kathleen
Bought by
Joyce James and O Lone Kimberly

Purchase Details

Closed on
Jun 22, 1999
Sold by
First National Bank
Bought by
Renick Donald L and Renick Margaret F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phillips Tasha $240,000 None Listed On Document
Schmitt Maria D $230,000 Old Republic Natl Ttl Ins Co
Bahar Jennifer $168,000 Old Republic Title
Joyce James $39,000 None Available
Renick Donald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Tasha $10,000
Open Phillips Tasha $235,653
Previous Owner Schmitt Maria D $184,000
Previous Owner Bahar Jennifer $159,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $240,000 0.0% $175 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $240,000 +4.3% $175 / Sq Ft
08/23/2021 08/23/21 Sold $230,000 +9.6% $168 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $209,900 +24.9% $153 / Sq Ft
04/29/2016 04/29/16 Sold $168,000 -6.6% $123 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $179,900 -- $131 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,578 $21,000 $3,557 $17,443
2023 $7,479 $21,000 $3,557 $17,443
2022 $7,479 $13,942 $3,113 $10,829
2021 $5,308 $13,941 $3,112 $10,829
2020 $5,249 $13,941 $3,112 $10,829
2019 $3,948 $11,292 $2,890 $8,402
2018 $5,488 $11,292 $2,890 $8,402
2017 $5,494 $11,292 $2,890 $8,402
2016 $5,078 $10,227 $2,667 $7,560
2015 $5,030 $10,227 $2,667 $7,560
2014 $4,935 $10,227 $2,667 $7,560
2013 $5,698 $12,859 $2,667 $10,192
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11795136

Midwest Real Estate Data (MRED)

APN: 29-32-308-057-0000