NOT LISTED FOR SALE

307 S Cherry St Iuka, IL 62849

Estimated Value: $31,975 - $106,000

1 Bed
1 Bath
1,156 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $13,500 $12 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $427/month

4 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • 1 Car Detached Garage
  • Iuka Grade School Rated A-
  • Formal Dining Room

About This Home

As of October 2023

Great investment opportunity. Home is situated on a lovely corner lot. This home has both a front and back porch to enjoy the outdoors, 3 lots total. Detached garage. Home sits just to the north of the grade school on 3 lots. Home needs a lot of TLC, selling AS IS.

Last Agent to Sell the Property

Anna Lange

SOMER REAL ESTATE Brokerage Phone: 618-548-5123 License #475193597 Listed on: 09/28/2023

Last Buyer's Agent

Crystal Squibb

SOMER REAL ESTATE License #475204955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 120x180
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Iuka Elementary And Middle School
  • Salem Community High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 1318212004

Home Details

Home Type

Single Family

Est. Annual Taxes

$926

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 11.68
  • Age55PlusDevelopment: No
  • Attribution Contact: Phone: 618-548-5123
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1156
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Frame, Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Gas
  • Water Source: Public, Public Sewer
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: No

Schools

  • Elementary School: Iuka
  • High School: Salem Community High School
  • Middle Or Junior School: Iuka

Lot Info

  • Lot Size: 120X180
  • Parcel #: 1318212004

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 454.22
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Oct 11, 2023
Sold by
Raisley Stephen M
Bought by
Krutsinger Michael S
Seller's Agent
Anna Lange
SOMER REAL ESTATE
Buyer's Agent
Crystal Squibb
SOMER REAL ESTATE
List Price
$14,500
Sold Price
$13,500
Premium/Discount to List
-$1,000
-6.9%
Total Days on Market
4
Views
5
Current Estimated Value
$65,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,492
Avg. Annual Appreciation
163.16%

Purchase Details

Closed on
Nov 6, 2020
Sold by
Raisley Doris A
Bought by
Raisley Stephen Michael

Purchase Details

Closed on
Mar 25, 2009
Sold by
Arnold Charles L and Arnold Carolyn F
Bought by
Raisley Doris A

Purchase Details

Closed on
Dec 24, 2004
Sold by
Stuber Ronald Wayne
Bought by
Arnold Charles L and Arnold Carolyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
5.78%
Mortgage Type
New Conventional
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
Krutsinger Michael S $13,500 None Listed On Document
Raisley Stephen Michael $15,000 None Available
Raisley Doris A $6,750 None Available
Arnold Charles L $11,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Charles L $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $13,500 -6.9% $12 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $14,500 -- $13 / 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
2023 $926 $13,200 $2,560 $10,640
2022 $455 $12,000 $2,330 $9,670
2021 $421 $11,220 $2,180 $9,040
2020 $418 $10,890 $2,120 $8,770
2019 $485 $11,510 $3,060 $8,450
2018 $456 $10,930 $2,480 $8,450
2017 $447 $10,710 $2,430 $8,280
2016 $443 $10,300 $2,340 $7,960
2015 $4 $10,300 $2,340 $7,960
2012 $2 $6,200 $1,600 $4,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB450772

RMLS Alliance

APN: 1318212004