NOT LISTED FOR SALE

406 W 2nd St S Mount Olive, IL 62069

Estimated Value: $96,000 - $102,000

2 Beds
1 Bath
1,176 Sq Ft
$85/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $65,450 $56 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $659/month

125 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • 90% Forced Air Heating and Cooling System
  • Formal Dining Room
  • Eat-In Kitchen
  • Historic Home

About This Home

As of November 2021

***BACK ON MARKET DUR TO BUYERS FINANCING FALLING THROUGH*** Adorable Mt. Olive charmer! Situated on a quiet street in the heart of Mt. Olive, this adorable cottage style BRICK home is just waiting for you to make it home. You will notice the charm from the moment you walk in the front door. A newly remodeled bathroom, wood flooring updates, updated windows, architectural roof, 90% efficient furnace, updated water heater, and a detached garage with a covered porch are just the start of what this home has to offer you! Don’t miss the huge rear addition which will make the perfect family/rec room or even convert it to a third bedroom. This one is definitely worth coming by to see, but we think you’ll love what you see, so be prepared to stay!

Last Agent to Sell the Property

David Wolf

Rocklin Realty LLC License #2013040969 Listed on: 06/29/2021

Co-Listed By

Tom Tricamo

Rocklin Realty LLC License #2008032737

Last Buyer's Agent

Sue Pirok

Cisler & Associates Real Estate License #475128575

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,563

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x139
  • Historic Home

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,176 Sq Ft Home
  • Insulated Windows
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-001-162-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,563

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: Lake St
  • Ownership: Private
  • Year Built Exception: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full, Unfinished
  • Dining Room: Separate Dining
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Windows/Doors: Some Insulated Wndws
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Square Footage: 1176
  • Total Full Baths: 1

Exterior Features

  • Architecture: Historic
  • Construction: Brick Veneer Predom

Garage/Parking

  • Garage Spaces: 1
  • Parking: Detached

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air 90+

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 Dimensions: 50x139
  • Lot Sq Ft: 6970
  • Acres: 0.1600

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 864
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 02-001-162-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Nov 9, 2021
Sold by
Rocklin Group Llc
Bought by
Cayce Logan R
Seller's Agent
David Wolf
Rocklin Realty LLC
Buyer's Agent
Sue Pirok
Cisler & Associates Real Estate
List Price
$89,900
Sold Price
$65,450
Premium/Discount to List
-$24,450
-27.2%
Current Estimated Value
$99,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,930
Avg. Annual Appreciation
11.30%
Original Mortgage
$63,486
Outstanding Balance
$58,190
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$41,190

Purchase Details

Closed on
May 18, 2021
Sold by
Powell Sarah
Bought by
Rocklin Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,743
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Weidler Brain and Weidler Gilbert
Bought by
Powell Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,122
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
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
Cayce Logan R -- Integrity Title Solutions Ll
Rocklin Group Llc $62,000 Integrity Title Solutions
Powell Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cayce Logan R $63,486
Previous Owner Rocklin Group Llc $78,743
Previous Owner Powell Sarah $56,122
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $65,450 -9.6% $56 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $72,400 -3.3% $62 / Sq Ft
08/20/2021 08/20/21 Price Changed $74,900 -6.3% $64 / Sq Ft
08/06/2021 08/06/21 Price Changed $79,900 -5.9% $68 / Sq Ft
07/26/2021 07/26/21 Price Changed $84,900 -5.6% $72 / Sq Ft
06/29/2021 06/29/21 For Sale $89,900 -- $76 / 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 $1,563 $25,708 $3,002 $22,706
2023 $1,453 $23,804 $2,780 $21,024
2022 $1,453 $22,247 $2,598 $19,649
2021 $921 $22,549 $2,428 $20,121
2020 $879 $21,613 $2,291 $19,322
2019 $864 $15,613 $2,291 $13,322
2018 $831 $15,158 $0 $0
2017 $783 $14,395 $2,112 $12,283
2016 $787 $14,395 $2,112 $12,283
2015 $782 $14,395 $2,112 $12,283
2014 $777 $14,395 $2,112 $12,283
2013 $1,298 $21,210 $2,292 $18,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21045774

MARIS MLS

APN: 02-001-162-00