NOT LISTED FOR SALE

338 W Cherry St Compton, IL 61318

Estimated Value: $73,000 - $146,000

4 Beds
2 Baths
1,552 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $75,000 $48 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $689/month

8 Days on Market

About This Home

As of February 2022

3-4 bedroom home with 2 full baths. There is beautiful woodwork with an open staircase. The downstairs has hardwood floors, pocket doors and upstairs are wide board floors. Kitchen has plenty of cupboards. Mostly newer windows, newer furnace and water heater. Large fenced in corner lot. Mendota school district. Compton is a quiet town with good access to I-39.

Last Agent to Sell the Property

Connie Shannon

Gaines Realty License #471006175 Listed on: 01/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Lot Details

  • 0.32

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement

Parking

  • Uncovered Parking
  • On-Site Parking

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: From Rt 251, turn East onto West Cherry St. Continue to property on the left.
  • Lot Size: 100X140
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • Dining Room Type: Foyer, Walk In Closet

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Frame
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Sewer: Septic-Private
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 280

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1544
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 18, 2022
Sold by
Eich James R
Bought by
Bloom John and Bloom Celina
Seller's Agent
Connie Shannon
Gaines Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Current Estimated Value
$98,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,223
Avg. Annual Appreciation
11.51%
Original Mortgage
$60,000
Outstanding Balance
$56,622
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$53,064

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 16, 2022
Sold by
Kranz Terry and Loomis Valerie
Bought by
Bloom John and Bloom Celina
Seller's Agent
Connie Shannon
Gaines Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$56,622
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$53,064

Purchase Details

Closed on
Apr 20, 2021
Sold by
Mlynski Nancy
Bought by
Eich James R and Mlynski Nancy

Purchase Details

Closed on
Jan 22, 2021
Sold by
Lee County Sheriff
Bought by
Mlynski Nancy

Purchase Details

Closed on
May 22, 2007
Sold by
Hays Jessica R
Bought by
Mclaughlin Ryan and Mclaughlin Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2002
Bought by
Mclaughlin Ryan and Mclaughlin Jessica R
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
Bloom John $37,500 Wheatland Title
Bloom John $37,500 Wheatland Title
Eich James R -- None Available
Mlynski Nancy -- None Available
Mclaughlin Ryan -- U S Worldwide Title Services
Mclaughlin Ryan $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloom John $60,000
Previous Owner Eich James R $39,800
Previous Owner Mclaughlin Ryan $86,500
Previous Owner Mclaughlin Ryan $96,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $75,000 -6.1% $48 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $79,900 -- $51 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,820 $30,949 $3,874 $27,075
2023 $1,503 $26,228 $3,283 $22,945
2022 $1,250 $22,648 $3,155 $19,493
2021 $1,583 $20,970 $2,921 $18,049
2020 $1,522 $20,359 $2,836 $17,523
2019 $1,487 $19,766 $2,753 $17,013
2018 $1,733 $22,479 $3,124 $19,355
2017 $1,957 $21,824 $3,033 $18,791
2016 $1,586 $21,824 $3,033 $18,791
2015 $1,799 $21,824 $3,033 $18,791
2014 $1,816 $22,686 $3,415 $19,271
2013 $1,348 $23,388 $3,521 $19,867
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Connie Shannon

    Gaines Realty

    (815) 757-9394

    37 Total Sales

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11297127

Midwest Real Estate Data (MRED)

APN: 05-17-11-179-006

Illinois Lee County Compton 61318

338 W Cherry St, Compton, IL

This home is located at 338 W Cherry St, Compton, IL 61318 since 03 January 2022 and is currently estimated at $105,815, approximately $68 per square foot. 338 W Cherry St is a home located in Lee County with nearby schools including Northbrook School, Blackstone Elementary School, and Lincoln Elementary School.

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