$235,000
SOLD JUL 30, 2025

3047 Olive Rd Homewood, IL 60430

2 Beds
1 Bath
1,278 Sq Ft
0.45 Acres

Recently Sold

$184 Per Sq Ft

6% Below List Price

45 Days on Market

Highlights

  • 0.45 Acre Lot
  • Deck
  • Wood Flooring
  • Homewood-Flossmoor High School Rated A-
  • Ranch Style House
  • 4-minute walk to Homewood Estates Park

About This Home

As of July 2025

This beautifully renovated 2-bedroom, 1-bath ranch offers modern updates & timeless charm, featuring an additional living space perfect for a home office, recreational space or 3rd bedroom. Situated on a huge lot, this home is perfect for those seeking a cozy home and all the outside fun. Step inside to find refinished hardwood floors, giving the home warmth & character throughout. The freshly painted interior creates a bright & inviting atmosphere, while the updated kitchen & laundry room boast brand new appliances. Enjoy the peace of mind with newer roof & gutters, ensuring durability & protection for years to come. Whether you're looking to relax indoors or take advantage of the vast outdoor space, this home offers endless possibilities. Don't miss out on this beautiful property located within the highly desired Homewood-Flossmoor school district.

Last Agent to Sell the Property

Ana Paredes

HomeSmart Realty Group License #475196010 Listed on: 05/16/2025

HomeSmart Realty Group

Last Buyer's Agent

Marisol Ramirez

Berkshire Hathaway HomeServices Starck Real Estate License #475188310

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,552

Year Built

  • Built in 1956 | Remodeled in 2025

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 67x297

Parking

  • 2.5 Car Garage
  • Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 1,278 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Outdoor Features

  • Deck

Schools

  • 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

$5,552

Year Built

Built in 1956 | Remodeled in 2025

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: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2025

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • LivingArea: 1278
  • Room Type: Deck, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 235000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Concrete, On Site, Detached, Garage
  • ParkingTotal: 2.5

Utilities

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

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: 161

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 67X297
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5552
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Oct 2, 2014
Sold by
Plath Karen
Bought by
Moreno Maniel A
Seller's Agent
Carrie Stultz
Baird & Warner
Buyer's Agent
Kelly Jackson
RE/MAX Synergy
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$122,735
Outstanding Balance
$95,550
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$139,046

Purchase Details

Closed on
Sep 26, 2002
Sold by
Kehler Jeffrey D and Kehler Elisa N
Bought by
Plath Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.24%

Purchase Details

Closed on
Nov 10, 1995
Sold by
Grand Edwin N
Bought by
Kehler Jeffrey D and Pittman Elisa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.65%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Pntn Inc
Warranty Deed $123,000 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,740 FHA
Open $122,735 FHA
Previous Owner $30,000 No Value Available
Previous Owner $85,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $235,000 0.0% $184 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $235,000 -6.0% $184 / Sq Ft
05/16/2025 05/16/25 For Sale $250,000 +100.0% $196 / Sq Ft
10/02/2014 10/02/14 Sold $125,000 0.0% $97 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $125,000 -- $97 / 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 $5,552 $18,000 $8,359 $9,641
2023 $3,933 $18,000 $8,359 $9,641
2022 $3,933 $11,560 $7,376 $4,184
2021 $3,971 $11,559 $7,375 $4,184
2020 $3,915 $11,559 $7,375 $4,184
2019 $3,101 $9,822 $6,883 $2,939
2018 $5,225 $11,060 $6,883 $4,177
2017 $5,133 $11,060 $6,883 $4,177
2016 $4,460 $9,290 $5,900 $3,390
2015 $4,473 $9,290 $5,900 $3,390
2014 $3,168 $9,290 $5,900 $3,390
2013 $3,078 $9,771 $5,900 $3,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12367325

Midwest Real Estate Data (MRED)

APN: 28-36-304-040-0000