NOT LISTED FOR SALE

1327 Olive Rd Homewood, IL 60430

Estimated Value: $266,000 - $273,000

3 Beds
2 Baths
1,105 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $209,900 $190 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,692/month

54 Days on Market

Highlights

  • Detached Garage
  • Enclosed Patio or Porch
  • Heated Garage
  • Homewood-Flossmoor High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Welcome to one of the best streets in Homewood! Warm and welcoming, this home is ready for another family to love. The Living Room and Kitchen were remodeled in 2017. The kitchen took over a previous bedroom, so it could double in size. The kitchen has sliding glass doors that lead out to a wonderful screened-in porch that looks out over the huge backyard! The main floor has hardwood floors throughout and a large bathroom with tons of cabinet space. The basement was recently redone in the past month! New drywall and paint makes this space ready for a large Family Room and additional bedroom, or office with a walk-in closet. The 2 car garage is heated (gas) so it could double as a great workspace. The very ample yard has a shed for extra storage and fire-pit for entertaining. There is a chicken coop, as well, if you would like to try your hand at collecting your own eggs! The current residents of that coop will be re-homed before sale. PLEASE NOTE THE SIZE OF THE LOT!

Last Agent to Sell the Property

Jen Sowacke

@properties Christie's International Real Estate License #475173307 Listed on: 12/02/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Michelle Flores

Realty of America, LLC License #475179688

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,856

Year Built

  • 1956

Lot Details

  • 0.46

Parking

  • Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Aluminum Siding

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,856

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X21, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X24, On Level: Basement
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 15X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X18, On Level: Basement
  • Estimated Sq Ft: 1105
  • Family Room: Dimensions: 18X23, On Level: Basement

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Aluminum Siding
  • Acreage: 0.4675

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 233
  • High School: Homewood-Flossmoor High School
  • Junior High Dist: 153

Lot Info

  • Lot Dimensions: 62X338
  • Parcel Identification Number: 29323101090000

Tax Info

  • Taxes: 4731.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Mar 4, 2021
Sold by
Majewski Raymond S and Majewski Debra C
Bought by
Trigg Herman and Bizarro Melody M
Seller's Agent
Jen Sowacke
@properties Christie's International Real Estate
Buyer's Agent
Michelle Flores
Realty of America, LLC
List Price
$209,900
Sold Price
$209,900
Current Estimated Value
$269,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,288
Avg. Annual Appreciation
5.53%
Original Mortgage
$206,097
Outstanding Balance
$184,500
Interest Rate
2.62%
Mortgage Type
FHA
Estimated Equity
$84,688

Purchase Details

Closed on
Jun 17, 2005
Sold by
Polacek Joel E and Polacek Patricia A
Bought by
Majewski Raymond S and Majewski Debra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Trigg Herman $210,000 Old Republic Title
Majewski Raymond S $168,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trigg Herman $206,097
Previous Owner Majewski Raymond S $151,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $209,900 0.0% $190 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $209,900 0.0% $190 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/10/2020 12/10/20 Price Changed $209,900 -2.4% $190 / Sq Ft
12/02/2020 12/02/20 For Sale $215,000 -- $195 / 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 $9,856 $23,000 $8,146 $14,854
2023 $7,593 $23,000 $8,146 $14,854
2022 $7,593 $14,153 $7,127 $7,026
2021 $5,414 $14,153 $7,127 $7,026
2020 $5,351 $14,153 $7,127 $7,026
2019 $4,731 $12,853 $6,618 $6,235
2018 $4,577 $12,853 $6,618 $6,235
2017 $4,611 $12,853 $6,618 $6,235
2016 $5,470 $13,514 $6,109 $7,405
2015 $5,357 $13,514 $6,109 $7,405
2014 $5,282 $13,514 $6,109 $7,405
2013 $4,852 $13,579 $6,109 $7,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10945069

Midwest Real Estate Data (MRED)

APN: 29-32-310-109-0000