NOT LISTED FOR SALE

250 Cherry Point Goreville, IL 62939

Estimated Value: $577,000 - $783,925

4 Beds
3 Baths
3,336 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $600,000 $180 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,984/month

34 Days on Market

Highlights

  • Waterfront
  • Cul-De-Sac
  • 2 Car Attached Garage
  • Goreville High School Rated 9+

About This Home

As of May 2023

This Italian inspired Lake of Egypt waterfront home sits on 5 acres. The views are spectacular with the gorgeous lake, creek running along the side of the home and natural rocks. This house boasts an open floor plan with 2 master suites and 2 additional bedrooms. The smallest bedroom has a built in murphy bed to give plenty of space when not sleeping. The kitchen is the center of the home with a bar on two sides which is great for entertaining. The hickory cabinets along with the quartz countertops and gas range are a nice combination. If you're an outdoorsman, then there is no other house to compare. With a little over 5 acres, it's not only a lake house but a home with plenty of woods and a creek to enjoy. All of the exposed wood, minus the kitchen cabinets, came from the 5 acres. It consists of Oak and Hickory. There are 2 docks, a small dock and a single slip boat dock, both with deep water. The steps allow for an easy walk to the water or take a side by side down the gravel path. Enjoy the cool nights perched on a rock with a firepit and bench seating around it. The loft is used as an office, gym and sitting area now. If more beds are what you need, it could be changed into a nice bunk room for the kids. Yes, it would need different railing if you have kids, but that would be an easy fix.

Last Agent to Sell the Property

Melissa Plant

COLDWELL BANKER J. DAVID THOMPSON License #471021640 Listed on: 02/21/2023

COLDWELL BANKER J. DAVID THOMPSON

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,424

Year Built

  • Built in 2019

Lot Details

  • 5 Acre Lot
  • Waterfront
  • Cul-De-Sac

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,336 Sq Ft Home
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Outbuilding

Schools

  • Goreville Elementary And Middle School
  • Goreville High School

Utilities

  • Heating System Uses Gas
  • Heating System Powered By Leased Propane

Community Details

  • The Peninsula Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 02-07-400-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,424

Year Built

Built in 2019

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Architectural Style: Other
  • New Construction: No
  • PricePerSqFt: 179.86
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 3336
  • KitchenDining: Breakfast Bar,Dining Informal,Island,Pantry

Exterior Features

  • Lot Features: Cul-De-Sac, Water Frontage
  • Water Body Name: Lake of Egypt
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Dock, Outbuilding(s)
  • Roof: Metal
  • 100YearPlain: No
  • Waterfrontage: 360

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas, Propane Rented, Central Air
  • Water Source: Aerator/Aerobic, Public
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Association Fee: 275
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: Yes

Schools

  • Elementary School: Goreville
  • High School: Goreville
  • Middle Or Junior School: Goreville

Lot Info

  • Lot Size Acres: 5
  • Lot Size: irregular
  • Parcel #: 02-07-400-005

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8424.24
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
May 8, 2023
Sold by
Bishop William R
Bought by
Summers Steven P and Summers Kamella J
Seller's Agent
Melissa Plant
COLDWELL BANKER J. DAVID THOMPSON
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
64
Current Estimated Value
$726,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,460
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
May 11, 2017
Sold by
Mying Thinzar Pe
Bought by
Bishop William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2016
Sold by
Rice Ronald Lee
Bought by
Myint Thinzar Pe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,775
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2012
Sold by
Lake Of Egypt Partners Llc
Bought by
Rice Ronald L
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
Summers Steven P $600,000 None Listed On Document
Bishop William R $48,750 --
Myint Thinzar Pe -- --
Rice Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bishop William R $330,000
Previous Owner Bishop William R $290,000
Previous Owner Bishop William R $287,000
Previous Owner Bishop William R $265,000
Previous Owner Bishop William R $26,000
Previous Owner Bishop William R $52,000
Previous Owner Myint Thinzar Pe $26,775
Closed Rice Ronald L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $600,000 -7.7% $180 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $650,000 -- $195 / Sq Ft
Source: RMLS Alliance

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 $11,803 $180,933 $46,353 $134,580
2023 $11,467 $166,544 $42,667 $123,877
2022 $8,255 $119,006 $35,333 $83,673
2021 $8,242 $112,706 $35,333 $77,373
2020 $8,210 $112,706 $35,333 $77,373
2019 $6,167 $85,576 $35,333 $50,243
2018 $2,623 $33,333 $33,333 $0
2017 $535 $6,667 $6,667 $0
2016 $531 $6,667 $6,667 $0
2015 $526 $6,667 $6,667 $0
2014 $471 $6,000 $6,000 $0
2013 $480 $6,000 $6,000 $0
2012 $37 $450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB447858

RMLS Alliance

APN: 02-07-400-005