NOT LISTED FOR SALE

1329 Olive Rd Homewood, IL 60430

Estimated Value: $255,830 - $288,000

3 Beds
2 Baths
1,105 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $215,000 $195 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,973/month

12 Days on Market

Highlights

  • Bonus Room
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Homewood-Flossmoor High School Rated A-

About This Home

As of January 2021

Your Home Sweet Home is now available! This wonderful 3 bedroom/2 bath ranch home has all the space you need. The main floor has beautiful, dark hardwood floors throughout, fresh paint and ample closets. The eat-in kitchen has views to the huge, deep back yard. The basement boasts a great sized family room with a full bathroom and a bonus room that can be used as an additional bedroom, office or game room! There is tons of outside entertaining space. The owners had a sizable concrete patio put in. New A/C (2020) Newer furnace (2018) Roof was done less than 10 years ago. Everything has been done for you...just move in and enjoy! You could be home for the Holidays!!

Last Agent to Sell the Property

Jen Sowacke

@properties Christie's International Real Estate License #475173307 Listed on: 10/25/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Angie Coleman

Charles Rutenberg Realty License #475178448

Charles Rutenberg Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,721

Year Built

  • 1956

Lot Details

  • 0.46

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Bonus Room

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,721

Year Built

1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, 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: 7
  • Living Room: Dimensions: 14X20, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X10, On Level: Basement
  • Kitchen Type: Dimensions: 9X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Bonus, Dimensions: 12X24, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1105
  • Family Room: Dimensions: 22X19, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.4675

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Parking Included In Price: Yes
  • 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: 60X338
  • Parcel Identification Number: 29323101080000

Tax Info

  • Taxes: 4490.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Jan 12, 2021
Sold by
Sorensen Michael T and Sorensen Megan F
Bought by
Holloway Andrea
Seller's Agent
Jen Sowacke
@properties Christie's International Real Estate
Buyer's Agent
Angie Coleman
Charles Rutenberg Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$267,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,208
Avg. Annual Appreciation
4.65%
Original Mortgage
$215,000
Outstanding Balance
$187,566
Interest Rate
1.5%
Mortgage Type
New Conventional
Estimated Equity
$79,642

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jul 16, 2012
Sold by
Eagle Ridge Corporation
Bought by
Sorensen Michael T and Sorensen Megan F
Seller's Agent
Diane O'Connor
Select a Fee RE System
Buyer's Agent
Robert Arnold
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$142,373
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2011
Sold by
Tarnowski Lawrence W
Bought by
Eagle Ridge Corporation

Purchase Details

Closed on
Dec 7, 2009
Sold by
Carpenter Christina
Bought by
Tarnowski Lawrence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,695
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1999
Sold by
Carpenter Maren D
Bought by
Carpenter Maren D and Maren D Carpenter Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Holloway Andrea $215,000 Chicago Title
Sorensen Michael T $145,000 Attorneys Title Guaranty Fun
Eagle Ridge Corporation $85,000 Chicago Title Insurance Co
Tarnowski Lawrence W $72,000 Pntn
Carpenter Maren D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holloway Andrea $215,000
Previous Owner Sorensen Michael T $142,373
Previous Owner Tarnowski Lawrence W $70,695
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $215,000 -4.4% $195 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/25/2020 10/25/20 For Sale $225,000 +55.2% $204 / Sq Ft
07/16/2012 07/16/12 Sold $145,000 -9.3% $131 / Sq Ft View Prior Sale
05/14/2012 05/14/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $159,900 -- $145 / 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 $6,721 $19,000 $8,146 $10,854
2023 $5,592 $19,000 $8,146 $10,854
2022 $5,592 $13,845 $7,127 $6,718
2021 $5,259 $13,844 $7,127 $6,717
2020 $5,202 $13,844 $7,127 $6,717
2019 $4,491 $12,374 $6,618 $5,756
2018 $4,344 $12,374 $6,618 $5,756
2017 $4,378 $12,374 $6,618 $5,756
2016 $4,833 $12,231 $6,109 $6,122
2015 $4,726 $12,231 $6,109 $6,122
2014 $5,524 $14,015 $6,109 $7,906
2013 $5,857 $13,217 $6,109 $7,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10916489

Midwest Real Estate Data (MRED)

APN: 29-32-310-108-0000