NOT LISTED FOR SALE

324 N Cherry St O Fallon, IL 62269

Estimated Value: $108,000 - $122,000

1 Bed
1 Bath
738 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $95,000 $129 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $766/month

52 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1-Story Property
  • Schaefer Elementary School Rated A-
  • Cooling Available
  • Forced Air Heating System

About This Home

As of September 2024

Seller will provide occupancy inspection and permit (HOME IS NOW CITY COMPLIANT) but home being sold AS IS. One bedroom, 1 bathroom charmer on desirable North Cherry Street ready for a new owner. Newer heating & cooling system, water heater and roof. Comfortable living room, eat in Kitchen with electric range and refrigerator, updated bathroom, 12 x 11 bedroom, and lots of closet space. Nice sized utility room with washer and dryer remaining. Easy access to O'Fallon's Downtown for restaurants, shopping and events plus terrific Parks and O'Fallon Schools. Don't miss this one!

Last Agent to Sell the Property

Susan Holden

RE/MAX Preferred License #471004331 Listed on: 08/05/2024

RE/MAX Preferred

Last Buyer's Agent

Chad Klein

Real Broker LLC License #475.195658

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 128.14
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 738 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space
  • Electric Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Driveway
  • Off-Street Parking

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 04-30.0-220-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Cross Street: West Jefferson
  • Year Built: 1954
  • Directions: Hwy 50 to North on Lincoln Avenue to West on Jefferson to North Cherry. House on corner of Cherry/Jefferson.
  • Property Sub-Type: Residential
  • ResoLotFeatures: Corner Lot, Level Lot, Sidewalks, Streetlights
  • Lot Size Acres: 0.15
  • Co List Office Phone: 6242111
  • Subdivision Name: Maces A.P.
  • Above Grade Finished Sq Ft: 738
  • Architectural Style: Traditional
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: One
  • Age: 70
  • Style Description: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Interior Amenities: Carpets
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Main Level Bathrooms: 1
  • Fireplace Location: None

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Occupancy Perm Req, Sellers Discl. Avail
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Driveway: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Elementary School: OFALLON DIST 90
  • Junior High Dist: O Fallon DIST 90
  • High School: OFallon
  • Middle Or Junior School: OFALLON DIST 90

Lot Info

  • Lot Dimensions: 50 x 128.14
  • Lot Size Sq Ft: 6534
  • Parcel Number: 04-30.0-220-002
  • Lot Number: 5

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 27, 2024
Sold by
Fredericksen Margaret
Bought by
Domina Logan
Seller's Agent
Susan Holden
RE/MAX Preferred
Buyer's Agent
Chad Klein
Real Broker LLC
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
62
Current Estimated Value
$112,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,701
Avg. Annual Appreciation
14.40%
Original Mortgage
$85,500
Outstanding Balance
$84,706
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$27,995

Purchase Details

Closed on
Jan 10, 2023
Sold by
Fredericksen Brett and Fredericksen Margaret
Bought by
Fredericksen Margaret

Purchase Details

Closed on
Aug 18, 2006
Sold by
French Yvonne D
Bought by
Fredericksen Brett W and Fredericksen Margaret M

Purchase Details

Closed on
Jan 22, 2002
Sold by
Piek Gloria May and Donnell Thomas
Bought by
French Yvonne D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Domina Logan $95,000 Advanced Title Solutions
Fredericksen Margaret -- None Available
Fredericksen Brett W $62,500 Benedick Title Ins
French Yvonne D $52,500 Benedick Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domina Logan $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $95,000 -17.4% $129 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $115,000 -8.0% $156 / Sq Ft
08/05/2024 08/05/24 For Sale $125,000 +31.6% $169 / Sq Ft
08/03/2024 08/03/24 Off Market $95,000 -- --
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 $2,135 $29,287 $4,139 $25,148
2023 $1,969 $25,994 $3,674 $22,320
2022 $1,863 $23,898 $3,378 $20,520
2021 $1,788 $22,516 $3,389 $19,127
2020 $1,775 $21,313 $3,208 $18,105
2019 $1,737 $21,313 $3,208 $18,105
2018 $1,693 $20,694 $3,115 $17,579
2017 $1,735 $20,450 $3,248 $17,202
2016 $1,730 $19,972 $3,172 $16,800
2014 $801 $19,741 $3,135 $16,606
2013 $1,580 $19,877 $3,087 $16,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24049235

MARIS MLS

APN: 04-30.0-220-002