NOT LISTED FOR SALE

311 S Cherry St Mount Olive, IL 62069

Estimated Value: $111,000 - $136,966

3 Beds
2 Baths
1,900 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $84,400 $44 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $819/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • 2 Car Attached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of September 2021

Plenty of room in this 3 bed 2 bath home on a corner lot with great access to I-55! You will love to gather around the fireplace in the large family room plus there is an additional living room. Upstairs there is a bonus room that could be used as 4th bedroom. The kitchen has a nice peninsula work area and a separate dining area and includes all appliances. The main level laundry has a newer washer and dryer and they will stay in the home. In the attached oversized 2 car garage you will find plenty of room for your autos and toys as well as a workspace. If you need more storage there is a spacious shed! The front porch is covered and the back yard has a large covered patio with some planting and fencing for privacy.

Last Agent to Sell the Property

Dana Allen

Key Estates Realty and Property Management License #471001911 Listed on: 09/14/2021

Last Buyer's Agent

Dana Allen

Key Estates Realty and Property Management License #471001911 Listed on: 09/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1933

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Mount Olive Dist 5 Elementary And Middle School
  • Mt Olive Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-001-254-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1.5 Story
  • Style Description: Bungalow / Cottage
  • Cross Street: W 2nd South
  • Special Areas: Family Room, Main Floor Laundry
  • Special Description: Owner Occupied
  • Age: 88
  • Ownership: Private
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Unfinished
  • Bedroom Types: Divided Bdr Flr Plan
  • Fireplace Location: Family Room
  • Fireplace Type: Gas
  • Interior Amenities: Some Carpeting, Some Window Treatmnt, Some Wood Floors
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 2
  • Master Bed.: Full Bath
  • Misc Features: Patio-Covered
  • Total Living Area: 1900.00
  • Windows/Doors: Some Insulated Wndws
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Bathrooms: 2.00
  • Bedrooms: 3.00
  • Square Footage: 1900
  • Total Full Baths: 2
  • Number Fireplaces: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking: Additional Parking, Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Condo/Co-op/Association

  • Amenities: Workshop/Hobby Area

Schools

  • School District: MOUNT OLIVE DIST 5
  • Elementary School: MOUNT OLIVE DIST 5
  • Middle School: MOUNT OLIVE DIST 5
  • High School: Mt Olive Community High School
  • Elementary School: MOUNT OLIVE DIST 5
  • Junior High School: MOUNT OLIVE DIST 5
  • School District: MOUNT OLIVE DIST 5
  • Senior High School: Mt Olive Community High School

Lot Info

  • Lot Description: Corner Lot, Level Lot
  • Lot Dimensions: 100 X 140
  • Lot Sq Ft: 13939
  • Acres: 0.3200

Building Info

  • Buildings: Shed(s)

Tax Info

  • Taxes Paid: 2159
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 02-001-254-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Sep 30, 2021
Sold by
Koroby Charlene
Bought by
Smith Joshua Allen
Seller's Agent
Dana Allen
Key Estates Realty and Property Management
Buyer's Agent
Dana Allen
Key Estates Realty and Property Management
List Price
$87,500
Sold Price
$84,400
Premium/Discount to List
-$3,100
-3.54%
Current Estimated Value
$119,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,342
Avg. Annual Appreciation
9.36%
Original Mortgage
$80,180
Outstanding Balance
$73,603
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$46,139

Purchase Details

Listed on
Jan 7, 2021
Closed on
May 7, 2021
Sold by
Arnold Virgnia E and Arnold Gary R
Bought by
Koroby Charlene
Seller's Agent
Jennifer Baugher
Century 21 Reid Baugher Realty
Buyer's Agent
Dana Allen
Key Estates Realty and Property Management
List Price
$95,900
Sold Price
$85,000
Premium/Discount to List
-$10,900
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.76%

Purchase Details

Listed on
Feb 4, 2020
Closed on
Jul 16, 2020
Sold by
Friesner Walter E and Friesner Trust
Bought by
Arnold Gary R and Arnold Virginia E
Seller's Agent
Walter Friesner
Century 21 Reid Baugher Realty
Buyer's Agent
Jennifer Baugher
Century 21 Reid Baugher Realty
List Price
$84,900
Sold Price
$76,500
Premium/Discount to List
-$8,400
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$77,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2018
Sold by
Friesner Walter E
Bought by
Friesner Walter E and Firesner Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2018
Sold by
Friesner Walter E
Bought by
Friesner Walter E and Friesner Iris J
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
Smith Joshua Allen -- Community Title
Koroby Charlene $82,500 Community Title Ii Lp
Arnold Gary R $76,500 Community Title
Friesner Walter E -- Community Title Ii Lp
Friesner Walter E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Joshua Allen $80,180
Previous Owner Arnold Gary R $77,000
Previous Owner Friesner Walter E $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $84,400 -3.5% $44 / Sq Ft
09/14/2021 09/14/21 For Sale $87,500 +2.9% $46 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
05/07/2021 05/07/21 Sold $85,000 -5.5% $45 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
02/05/2021 02/05/21 Price Changed $89,900 -6.3% $47 / Sq Ft
01/07/2021 01/07/21 For Sale $95,900 +25.4% $50 / Sq Ft
07/16/2020 07/16/20 Sold $76,500 -9.9% $32 / Sq Ft
02/04/2020 02/04/20 For Sale $84,900 -- $36 / Sq Ft
Source: MARIS MLS

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 $2,021 $31,481 $5,427 $26,054
2023 $1,889 $29,149 $5,025 $24,124
2022 $1,889 $27,242 $4,696 $22,546
2021 $1,698 $31,460 $4,389 $27,071
2020 $1,966 $26,334 $4,141 $22,193
2019 $2,159 $24,019 $4,141 $19,878
2018 $2,115 $23,319 $4,020 $19,299
2017 $2,066 $22,146 $3,818 $18,328
2016 $2,076 $22,146 $3,818 $18,328
2015 $2,064 $22,146 $3,818 $18,328
2014 $2,008 $22,146 $3,818 $18,328
2013 $2,051 $24,032 $4,143 $19,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21066159

MARIS MLS

APN: 02-001-254-00