NOT LISTED FOR SALE

3489 Olive Branch Rd Mounds, IL 62964

Estimated Value: $218,000 - $232,290

3 Beds
2.5 Baths
2,032 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $222,300 $109 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,267/month

60 Days on Market

Highlights

  • 15 Acre Lot
  • Wooded Lot
  • Porch
  • Wood Burning Stove
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of July 2024

COMPLETELY REMODELED! The interior of this home has been taken to the studs and remodeled. New ceiling, drywall, kitchen, bathrooms, master bedroom features a walk-in closet, windows, luxury waterproof vinyl flooring through the entire house, recently painted exterior, in-house generator (just needs a propane tank and hooked up), electric, large 5 x 3 pantry and so much more. Includes a new unfinished 2 story building ready for your own touches. Could be a in law cabin, she or he shed, Airbnb, possibilities are endless. The house sits on 15 acres and has been partially fenced for livestock. Lots of fruit trees and a black walnut tree are situated close to the house. Basement is finished with a full bath that could be another bedroom or family room. Sit on your patio and enjoy mother nature which also includes a wild but friendly doe that likes to be close to the house. MOTIVATED SELLERS.

Last Agent to Sell the Property

Karen Jones

MARK TWAIN REAL ESTATE SERVICES INC. Brokerage Phone: 618-776-5000 License #475147679 Listed on: 02/23/2024

Last Buyer's Agent

Karen Jones

MARK TWAIN REAL ESTATE SERVICES INC. Brokerage Phone: 618-776-5000 License #475147679 Listed on: 02/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,098

Year Built

  • Built in 1994

Lot Details

  • 15 Acre Lot
  • Lot Dimensions are 493x1361
  • Fenced Yard
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,032 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Replacement Windows
  • Window Treatments

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding
  • Porch

Schools

  • Meridian Elementary School
  • None Middle School
  • Meridian High School

Utilities

  • Window Unit Heating System
  • Heating System Uses Wood
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 07-16-400-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,098

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1994
  • Architectural Style: Tri-Level
  • New Construction: No
  • PricePerSqFt: 109.4
  • Attribution Contact: Phone: 618-776-5000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 2032
  • KitchenDining: Dining Informal,Dining/Living Combo,Eat-In Kitchen,Pantry
  • BelowGradeArea: 632

Exterior Features

  • Lot Features: Agricultural, Sloped, Wooded
  • Road Surface Type: Gravel, Paved
  • Construction Type: Frame, Brick
  • Exterior Features: Fenced Yard, Outbuilding(s), Patio, Porch, Replacement Windows
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Wood, Electric Water Heater, Window Unit(s), Generator
  • Water Source: Private Well
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Meridian Elementary
  • High School: Meridian High School
  • Middle Or Junior School: None

Lot Info

  • Lot Size Acres: 15
  • Lot Size: 493x1361
  • Parcel #: 07-16-400-005

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1098.12
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jul 22, 2024
Sold by
Horstman Jared G and Horstman Brandy Lee
Bought by
Schoffner Michael and Schoffner Christy
Seller's Agent
Karen Jones
MARK TWAIN REAL ESTATE SERVICES INC.
Buyer's Agent
Karen Jones
MARK TWAIN REAL ESTATE SERVICES INC.
List Price
$284,500
Sold Price
$222,300
Premium/Discount to List
-$62,200
-21.86%
Views
149
Current Estimated Value
$225,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,845
Avg. Annual Appreciation
-12.98%
Original Mortgage
$218,273
Outstanding Balance
$216,882
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
-$29,005

Purchase Details

Closed on
May 14, 2024
Sold by
Chimera Reo 2018-Nr1 Llc
Bought by
Cim Reo 2021-Nr2 Llc
Source: Public Records

Range of Values:

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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
Schoffner Michael $215,000 None Listed On Document
Cim Reo 2021-Nr2 Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoffner Michael $218,273
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $222,300 -5.4% $109 / Sq Ft
03/26/2024 03/26/24 Price Changed $235,000 -11.3% $116 / Sq Ft
03/01/2024 03/01/24 Price Changed $265,000 -6.9% $130 / Sq Ft
02/23/2024 02/23/24 For Sale $284,500 +532.2% $140 / Sq Ft
07/16/2021 07/16/21 Sold $45,000 0.0% $32 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $45,000 -- $32 / 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 $872 $16,104 $4,898 $11,206
2023 $872 $14,539 $4,387 $10,152
2022 $962 $14,296 $4,144 $10,152
2021 $1,120 $14,076 $3,924 $10,152
2020 $1,045 $13,876 $3,724 $10,152
2019 $2,058 $26,724 $3,543 $23,181
2018 $980 $26,557 $3,376 $23,181
2017 $1,145 $27,320 $1,475 $25,845
2016 $1,197 $23,728 $1,209 $22,519
2015 -- $23,659 $1,140 $22,519
2014 $1,162 $23,521 $1,002 $22,519
2013 $1,162 $23,477 $958 $22,519
2012 $1,162 $23,905 $926 $22,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB452352

RMLS Alliance

APN: 07-16-400-005