Check Availability
Homewood 60430
1207 Olive Road
$269,700
House - For Sale

1207 Olive Road

Homewood, IL 60430
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1459 Sqft
$1,843
Estimated Monthly
$0
HOA / Fees
5.70%
Cap Rate

About This Property

Award winning Homewood Flossmoor High School! Buy this home with CONFIDENCE! Seller is offering a whopping 13 month home warranty for worry free living! Beautifully updated 3 bedroom 2 bath ranch in Homewood within walking distance of downtown. Kitchen features slow close custom cabinets and granite countertops. Full bath with custom tiled shower and vanity. Adequately sized bedrooms with nice closet space. Basement finished with recessed lighting & a large bathroom with walk in shower.  Large fenced yard sitting on corner lot. 2.5 car garage with oversized 16 foot door. Walk to Metra station & downtown Homewood. Close to highway. Please view the 3-D tour and schedule your private showing TODAY!

The manager has listed the unit size as 1459 square feet.
Unit Size
1,459Ft²
Days on Market
33 days
Land Size
0.25 acres
Price per sqft
$185
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1951
Listed By
Neil Gates
Chase Real Estate LLC
Last updated: 2 months ago (MREDIL #12008218)

Price History

Date / Event Date Event Price
Mar 29, 2024 No longer available -
No longer available
Mar 28, 2024 Listed by Chase Real Estate, LLC $269,700
Listed by Chase Real Estate, LLC
Mar 7, 2024 Relisted $269,700
Relisted
Mar 1, 2024 In contract -
In contract
Jan 24, 2024 Price Decreased $269,700
↓ $5K (1.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,923
  • Total Building Area: 925
  • Gross Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: YOU NGS THIRD ADD
  • Land Acres: 0.251
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A R (MOORES) RESUB OF LOT 13 BLK 1 IN ROBERTSON & YOU NGS THIRD ADD TO HOMEWOOD SUB OF PT LYING S OF HOMEWOOD & THORNTON RD &

Ownership

  • Current Owner : TAYLOR ZACHARY RICHARD
  • Previous Owner : MUSHIER ALEX W
  • Owner Before Previous Owner: FANNIE MAE
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828402

Geography

  • District: 37
  • Parcel: 29-32-310-100-0000
  • Block: 1
  • Lot: 13
  • Meridian: SEC 32 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.559
  • Longitude: -87.6462

    Address

  • Full Address: 1207 Olive Rd
  • Address - House Number: 1207
  • Address - Street Name: Olive
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Homewood
  • Carrier Code: C015
  • 4-Digit Zip Code: 2407
  • Zip Code: 60430

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,668
  • Tax Rate Code Area: 37069

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 259,485
  • High Value: 285,721
  • Low Value: 233,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: VEEN PHILLIP
  • First Open Lien Mortgage Recording Date: Oct 20, 2023
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Oct 18, 2025
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $43,690
  • Market Improvement Value: $146,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $4,369
  • Assessed Improvements Value: $14,631

    Sales

  • Current Sale Contract Date: Sep 10, 2019
  • Current Sale Recording Date: Sep 17, 2019
  • Current Sale Transaction ID: 11645966860
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1926008201
  • Previous Sale Recording Date: May 20, 2014
  • Previous Sale Contract Date: Apr 29, 2014
  • Previous Sale Amount: $61,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLAND BANK & TRUST
  • First Mortgage Transaction Date: Sep 17, 2019
  • First Mortgage Loan Amount: $166,822
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MERCHANTS BANK NA
  • Previous Mortgage Transaction Date: May 20, 2014
  • Previous Mortgage Loan Amount: $58,425
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,079 ft²
$260/ft²
$280,000 Jan 20, 2024
-
$380/mo
House
4 Beds
2.5 Baths
1,662 ft²
$192/ft²
$319,873 Jan 23, 2024
-
$498/mo
House
5 Beds
3 Baths
1,905 ft²
$152/ft²
$289,000 Feb 29, 2024
-
$584/mo
House
5 Beds
2 Baths
1,873 ft²
$171/ft²
$319,900 Mar 7, 2024
-
$439/mo
House
4 Beds
2 Baths
3,175 ft²
$94/ft²
$299,000 Feb 10, 2024
-
$155/mo

About Homewood


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Frequently Asked Questions

When was property at 1207 Olive Road built and last sold?
The property at 1207 Olive Road was built in 1951 and last sold on Sep 10, 2019 for $170,000.
How much is this home worth?
The estimated value of the home located at 1207 Olive Road is $264,660.
What are some comparable homes to 1207 Olive Road?
Homes that are comparable to 1207 Olive Road include a house property at 1408 Olive Road, 1128 Wisconsin Street, 1343 Heather Road.

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