NOT LISTED FOR SALE

1853 Olive Rd Homewood, IL 60430

Estimated Value: $263,000 - $326,000

3 Beds
2.5 Baths
1,361 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $275,000 $202 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,180/month

3 Days on Market

Highlights

  • Home Office
  • Formal Dining Room
  • 1 Car Detached Garage
  • Homewood-Flossmoor High School Rated A-
  • Fenced Yard
  • 4-minute walk to Orchard Park

About This Home

As of June 2021

Come check out this beautiful 3 Bedroom 2 1/2 Bathroom home with a formal living room with a wood burning fireplace for cozy evenings, a separate dining room, a main level office/den/4th bedroom with French doors, a kitchen with a window over looking the backyard plus a family room in the basement. Plenty of space for the family to spread out. The home has beautiful hardwood floors throughout most of rooms and lots of natural light. It also features a large back yard with a patio for enjoying the outdoors and a new fence that was installed in 2020, new siding in 2018. The home is in a great Homewood location - walking distance to parks, the train, downtown area with restaurants and shopping. Schedule your showing today so you can move into your new home!

Last Agent to Sell the Property

Jennifer Sjoblom

Baird & Warner License #471021592 Listed on: 04/29/2021

Baird & Warner

Last Buyer's Agent

Lauren Roman

@properties Christie's International Real Estate License #475175811

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 127 x 49
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,361 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Shed

Schools

  • Willow Elementary School
  • James Hart Middle School
  • Homewood-Flossmoor High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,888

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 356
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1361
  • Room Type: Office, Storage
  • Estimated Total Finished Sq Ft: 1717
  • Assessed Sq Ft: 1361
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1361
  • Basement Sq Ft: 499
  • Fireplace Location: Living Room
  • Total Sq Ft: 1860
  • Unfinished Basement Sq Ft: 143
  • Upper Level Sq Ft: 680
  • Main Level Sq Ft: 681

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 255000
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Willow School
  • High School: Homewood-Flossmoor High School
  • Middle/Junior School: James Hart School
  • Middle/Junior School District: 153
  • Elementary School #2: Winston Churchill School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 127 X 49
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3887.82
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 3, 2021
Sold by
Jolivette James J and Jolivette Karen A
Bought by
Cox Christopher and Cox Erica
Seller's Agent
Jennifer Sjoblom
Baird & Warner
Buyer's Agent
Lauren Roman
@properties Christie's International Real Estate
Sold Price
$275,000
Current Estimated Value
$295,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,198
Avg. Annual Appreciation
1.60%
Original Mortgage
$261,250
Outstanding Balance
$240,244
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$53,845

Purchase Details

Closed on
Oct 22, 2008
Sold by
Doran Peter
Bought by
Jolivett James J and Elashik Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,935
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2008
Sold by
Doran Peter and Duff Katharine
Bought by
Doran Peter

Purchase Details

Closed on
Aug 31, 2005
Sold by
Gerritsen Gilbert C
Bought by
Doran Peter and Duff Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 13, 2005
Sold by
Gerritsen Julie A
Bought by
Gerritsen Gilbert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,758
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 1995
Sold by
Kowert Eugene A and Kowert Joy E
Bought by
Gerritsen Gilbert C and Gerritsen Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
7.41%
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
Cox Christopher $275,000 Baird & Warner Ttl Svcs Inc
Jolivett James J $220,000 Multiple
Doran Peter -- None Available
Doran Peter $203,000 Pntn
Gerritsen Gilbert C -- --
Gerritsen Gilbert C -- --
Gerritsen Gilbert C $131,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Christopher $261,250
Previous Owner Jolivette James J $187,000
Previous Owner Jolivette James J $220,189
Previous Owner Jolivett James J $216,935
Previous Owner Doran Peter $133,000
Previous Owner Gerritsen Gilbert C $130,758
Previous Owner Gerritsen Gilbert C $39,000
Previous Owner Gerritsen Gilbert C $132,800
Previous Owner Gerritsen Gilbert C $130,250
Previous Owner Gerritsen Gilbert C $128,000
Previous Owner Gerritsen Gilbert C $111,850
Previous Owner Gerritsen Gilbert C $124,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $275,000 +7.8% $202 / Sq Ft
05/03/2021 05/03/21 For Sale -- -- --
05/02/2021 05/02/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $255,000 -- $187 / 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 $6,899 $19,416 $2,540 $16,876
2023 $5,262 $21,000 $2,540 $18,460
2022 $5,262 $13,229 $2,540 $10,689
2021 $4,951 $13,228 $2,540 $10,688
2020 $4,903 $13,228 $2,540 $10,688
2019 $3,888 $11,173 $2,381 $8,792
2018 $3,760 $11,173 $2,381 $8,792
2017 $3,794 $11,173 $2,381 $8,792
2016 $3,580 $9,708 $2,222 $7,486
2015 $3,485 $9,708 $2,222 $7,486
2014 $3,445 $9,708 $2,222 $7,486
2013 $4,854 $13,584 $2,222 $11,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11070374

Midwest Real Estate Data (MRED)

APN: 29-31-413-005-0000