$86,500
SOLD MAY 23, 2025

491 E Cedar St Olmsted, IL 62970

3 Beds
1 Bath
1,504 Sq Ft
0.45 Acres

Recently Sold

$58 Per Sq Ft

8% Above List Price

3 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • Combination Dining and Living Room
  • Porch
  • Central Air
  • Family Room

About This Home

As of May 2025

Ready for new owner. This home features 3 bedrooms, 1 bath, large living room and has been well maintained over the years. The owners added the living room on in 1993, floors were refinished 10 years ago,and bathroom updated. The heating and air is approximately 5 years old and roof is 7 years old. The house has a detached shed, attached carport and sits on a .45 acre corner lot.

Last Agent to Sell the Property

Karen Jones

MARK TWAIN REAL ESTATE SERVICE License #475147679 Listed on: 04/19/2025

Last Buyer's Agent

Karen Jones

MARK TWAIN REAL ESTATE SERVICE License #475147679 Listed on: 04/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $524

Year Built

  • Built in 1960

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 80x175x175x150
  • Corner Lot

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Basement Window Egress

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$524

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Subdivision Name: None
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT 15, 16 & 17 ED B GORES ADDITION
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Range Hood
  • Basement: Egress Window
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1504
  • Other Equipment: Water Heater-Electric
  • Window Features: Window Treatments
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 80X175X175X150

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 523.58
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Returning Vet,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2025
Closed on
May 23, 2025
Sold by
Sheffer James R
Bought by
Pace Tabatha Marie
Seller's Agent
Karen Jones
MARK TWAIN REAL ESTATE SERVICE
Buyer's Agent
Karen Jones
MARK TWAIN REAL ESTATE SERVICE
List Price
$79,900
Sold Price
$86,500
Premium/Discount to List
$6,600
8.26%
Views
1
Current Estimated Value
$92,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,054
Avg. Annual Appreciation
9.85%
Original Mortgage
$87,373
Outstanding Balance
$87,047
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$5,507
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Type Sale Price Title Company
Warranty Deed $86,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,373 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2025 05/23/25 Sold $86,500 +8.3% $58 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/19/2025 04/19/25 For Sale $79,900 -- $53 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $464 $23,891 $579 $23,312
2023 $464 $21,613 $524 $21,089
2022 $524 $21,613 $524 $21,089
2021 $582 $21,613 $524 $21,089
2020 $588 $21,613 $524 $21,089
2019 $578 $21,613 $524 $21,089
2018 $571 $21,613 $524 $21,089
2017 $567 $16,860 $2,105 $14,755
2016 $451 $14,690 $1,834 $12,856
2015 -- $14,690 $1,834 $12,856
2014 $353 $14,690 $1,834 $12,856
2013 $353 $14,690 $1,834 $12,856
2012 $353 $14,690 $1,834 $12,856
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB457600

Midwest Real Estate Data (MRED)

APN: 05-27-284-006