NOT LISTED FOR SALE

401 W Olive St Chestnut, IL 62518

Estimated Value: $76,000 - $101,494

4 Beds
2 Baths
1,680 Sq Ft
$51/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $69,900 $42 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $617/month

19 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Shed
  • Porch
  • Patio
  • Forced Air Heating System

About This Home

As of February 2024

Oh, the potential! Situated on a large 98X150 corner lot on the edge of town, this 4 bedroom, 2 full bath small town Logan County ranch style home offers ample interior space and great bones! The sprawling interior is host to a large living room with a woodburning fireplace, striking eat-in kitchen with ample cabinetry as well as a center island/breakfast bar, laundry/mechanical room area, four spacious bedrooms, and two full baths. One bath is accessed from both the primary bedroom as well as the main hallway (currently in need of finishing work). Property also features a 24X23 2+ car attached garage, rear concrete patio, storage shed, fish pond, firepit, various Pella windows, and an on demand water heater. Various solar panels on rear of roof which make this residential dwelling ultra efficient -- enjoy LOW utilities here! Rear portion of roof is in need of replacement -- various interior ceilings have damage. At under $42.00/square foot, opportunity truly knocks here! Owned and loved by the same family for 31 years! ** Sold as presented. Conventional or cash only, please! **

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 12/21/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 12/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 98x150
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Mt Pulaski High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 03-501-003-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,561

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 41.61
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1680
  • KitchenDining: Breakfast Bar,Dining Informal,Island

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick, Concrete, Vinyl Siding
  • Exterior Features: Patio, Porch, Shed(s)
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public, Septic System

Schools

  • High School: Mt Pulaski

Lot Info

  • Lot Size: 98X150
  • Parcel #: 03-501-003-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2561.44
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 12, 2024
Sold by
England Lonnie J and England Pamela S
Bought by
Lovin Darian
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$69,900
Sold Price
$69,900
Views
93
Current Estimated Value
$85,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,474
Avg. Annual Appreciation
14.06%
Original Mortgage
$67,803
Outstanding Balance
$66,936
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$18,438

Purchase Details

Closed on
Nov 19, 1992
Sold by
England Lonnie J and England Pamela S
Bought by
England Lonnie J and England Pamela S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lovin Darian $70,000 None Available
England Lonnie J $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovin Darian $67,803
Previous Owner England Lonnie J $64,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $69,900 0.0% $42 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $69,900 -- $42 / 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 $1,822 $30,520 $4,490 $26,030
2023 $2,735 $41,950 $4,140 $37,810
2022 $2,561 $38,840 $3,830 $35,010
2021 $2,477 $37,340 $3,680 $33,660
2020 $2,541 $36,790 $3,630 $33,160
2019 $2,550 $36,420 $3,590 $32,830
2018 $2,271 $36,420 $3,590 $32,830
2017 $2,478 $39,050 $4,200 $34,850
2016 $2,484 $39,100 $4,210 $34,890
2015 $2,105 $33,400 $3,670 $29,730
2014 $2,105 $33,400 $3,670 $29,730
2013 $2,105 $31,500 $3,460 $28,040
2012 $2,105 $31,400 $3,450 $27,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1026546

RMLS Alliance

APN: 03-501-003-00