NOT LISTED FOR SALE

3131 Olive Rd Homewood, IL 60430

Estimated Value: $304,766 - $385,000

4 Beds
2.5 Baths
2,000 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $311,000 $156 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,385/month

9 Days on Market

Highlights

  • 0.67 Acre Lot
  • Landscaped Professionally
  • Corner Lot
  • Homewood-Flossmoor High School Rated A-
  • Recreation Room
  • Formal Dining Room

About This Home

As of October 2024

RARE FIND! Impeccably maintained by one owner for over 50 years, this custom home is hitting the market for the first time! Nestled on a huge corner lot, the generous foyer welcomes you into bright, spacious Living and Dining Rooms. The large eat-in kitchen seamlessly flows into the cozy Family Room with Fireplace, perfect for family dinners or intimate gatherings. Upstairs, the primary suite offers a serene retreat with an en suite bathroom and generous walk-in closet. Three additional bedrooms and a spacious bathroom complete the upper level. The lower level features a roomy basement with endless possibilities for customization. The spectacular backyard, with its beautiful lawn, offers even more potential for creating your dream outdoor space. Recent updates include a newer roof on sides, Pella windows, fresh paint, and new carpet. Don't miss this opportunity to own a meticulously cared-for home in a sought-after community, conveniently located near interstates, shopping, entertainment, and the Metra. Schedule your private appointment today! Estate Sale

Last Agent to Sell the Property

Christina Horne

Chicagoland Realty & Associates Inc License #471005792 Listed on: 07/31/2024

Last Buyer's Agent

Michael Mensah

eXp Realty License #475183101

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,973

Year Built

  • Built in 1971

Lot Details

  • 0.67 Acre Lot
  • Landscaped Professionally
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Level with Sub
  • Quad-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storm Screens

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

  • Homewood-Flossmoor High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,973

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • LivingArea: 2000
  • Room Type: Recreation Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Lot Features: Corner Lot, Landscaped
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • 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
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Homewood-Flossmoor High School

Lot Info

  • Lot Size Acres: 0.67
  • Lot Dimensions: 29203
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6973.35
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Oct 24, 2024
Sold by
Thelma M Craig Family Trust and Mcavoy Theresa L
Bought by
Mensah Caitlin
Seller's Agent
Christina Horne
Chicagoland Realty & Associates Inc
Buyer's Agent
Michael Mensah
eXp Realty
List Price
$315,000
Sold Price
$311,000
Premium/Discount to List
-$4,000
-1.27%
Views
44
Current Estimated Value
$339,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,942
Avg. Annual Appreciation
7.38%
Original Mortgage
$7,500
Outstanding Balance
$4,268
Interest Rate
0.8%
Mortgage Type
New Conventional
Estimated Equity
$335,674

Purchase Details

Closed on
Dec 27, 1993
Sold by
Craig Thelma G
Bought by
The Thelma M Craig Family Trust
Source: Public Records
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
Mensah Caitlin $311,000 First American Title
The Thelma M Craig Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mensah Caitlin $7,500
Open Mensah Caitlin $305,367
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $311,000 -1.3% $156 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $315,000 -- $158 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,973 $24,411 $12,411 $12,000
2024 $6,973 $24,411 $12,411 $12,000
2023 $3,712 $24,411 $12,411 $12,000
2022 $3,712 $13,840 $10,951 $2,889
2021 $3,785 $13,839 $10,951 $2,888
2020 $3,822 $13,839 $10,951 $2,888
2019 $4,527 $15,505 $10,221 $5,284
2018 $4,404 $15,505 $10,221 $5,284
2017 $4,376 $15,505 $10,221 $5,284
2016 $4,622 $13,907 $8,760 $5,147
2015 $4,531 $13,907 $8,760 $5,147
2014 $4,479 $13,907 $8,760 $5,147
2013 $5,191 $16,551 $8,760 $7,791
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12125690

Midwest Real Estate Data (MRED)

APN: 28-36-304-035-0000