NOT LISTED FOR SALE

505 E Olive St Staunton, IL 62088

Estimated Value: $101,000 - $136,000

2 Beds
1 Bath
1,075 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $81,000 $75 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $663/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 2 Car Detached Garage
  • Staunton Junior High School Rated 9+
  • Covered Patio or Porch
  • Oversized Parking

About This Home

As of July 2022

Move in ready! You will love the large window over the sink in the kitchen to admire your back yard. There are plenty of cabinets to hold all of your dishes and the appliances stay. There are two bedrooms with a very large Master Bedroom and double closets in both bedrooms! Newer flooring in the spacious living room and master bedroom. The home has thermal windows and central air. The roof was new in 2013 and bathroom was tastefully remodeled in 2015. There is a full basement with washer and dryer hook-ups and plenty of room for storage and a workshop down there as well. Outside you will enjoy the covered private patio area with a vinyl fence backdrop between you and your neighbor. There is plenty of room for two autos, a lawnmower or two as well as other toys in the oversized two car garage with opener! All of this is on a corner lot near the city park and downtown. Small town living at it's best right here! Come and take a look!!

Last Agent to Sell the Property

Dana Allen

Key Estates Realty and Property Management License #471001911 Listed on: 06/22/2022

Last Buyer's Agent

Marie Bartony

Coldwell Banker Brown Realtors License #471003537

Coldwell Banker Brown Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 126.5
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking
  • Off Alley Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Six Panel Doors
  • Combination Kitchen and Dining Room
  • Storage
  • Partially Carpeted
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Staunton Dist 6 Elementary And Middle School
  • Staunton High School

Utilities

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

Community Details

  • Workshop Area

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Assessor Parcel Number 01-001-875-00

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Special Description: Tax Exemptions, Owner Occupied
  • Age: 102
  • Ownership: Private
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full, Unfinished
  • Dining Room: Kitchen/Dining Combo
  • Interior Amenities: Some Carpeting, Some Window Treatmnt
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Misc Features: Patio-Covered
  • Total Living Area: 1075.00
  • Windows/Doors: 6 Panel Door(s), Some Insulated Wndws, Some Storm Doors
  • Appliances: Range/Oven-Gas, Refrigerator
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 5
  • Square Footage: 1075
  • Square Footage Below Grade: 1075
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking: Alley Access, Covered, Detached, Garage Door Opener, Off Street, Oversize, Rear/Side Entry, Workshop/Storage Area

Utilities

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

Condo/Co-op/Association

  • Amenities: Workshop/Hobby Area

Schools

  • Elementary School: STAUNTON DIST 6
  • Junior High School: STAUNTON DIST 6
  • School District: STAUNTON DIST 6
  • Senior High School: Staunton

Lot Info

  • Lot Description: Corner Lot, Fencing, Level Lot, Partial Fencing, Sidewalks
  • Lot Dimensions: 60 x 126.5
  • Lot Sq Ft: 7405
  • Acres: 0.1700

Building Info

  • Buildings: Garage(s), Storage

Tax Info

  • Taxes Paid: 1023
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 01-001-875-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 14, 2022
Sold by
Shrum Julie A
Bought by
Knoll Connie S
Seller's Agent
Dana Allen
Key Estates Realty and Property Management
Buyer's Agent
Marie Bartony
Coldwell Banker Brown Realtors
List Price
$84,900
Sold Price
$81,000
Premium/Discount to List
-$3,900
-4.59%
Current Estimated Value
$111,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,468
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 9, 2019
Sold by
Shilder Gloria Ann
Bought by
Shrum Julie A
Seller's Agent
David Cisler
Cisler & Associates Real Estate
Buyer's Agent
Dana Allen
Key Estates Realty and Property Management
List Price
$64,900
Sold Price
$63,000
Premium/Discount to List
-$1,900
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$56,700
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knoll Connie S -- Community Title & Escrow
Shrum Julie A $63,000 Quality Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shrum Julie A $56,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2022 07/14/22 Sold $81,000 -4.6% $75 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $84,900 +34.8% $79 / Sq Ft
08/09/2019 08/09/19 Sold $63,000 -2.9% $59 / Sq Ft View Prior Sale
08/09/2019 08/09/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $64,900 -- $60 / 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 $958 $27,229 $5,022 $22,207
2023 $853 $25,212 $4,650 $20,562
2022 $853 $23,563 $4,346 $19,217
2021 $1,023 $28,022 $4,062 $23,960
2020 $1,014 $27,175 $3,906 $23,269
2019 $1,387 $20,759 $3,829 $16,930
2018 $0 $20,759 $0 $0
2017 $0 $19,714 $3,636 $16,078
2016 $0 $19,714 $3,636 $16,078
2015 $0 $19,714 $3,636 $16,078
2014 -- $19,714 $3,636 $16,078
2013 -- $20,116 $3,710 $16,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22040793

MARIS MLS

APN: 01-001-875-00