NOT LISTED FOR SALE

506 E Cherry St Watseka, IL 60970

Estimated Value: $102,000 - $249,277

5 Beds
3 Baths
3,022 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $75,000 $25 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $941/month

307 Days on Market

Highlights

  • Second Kitchen
  • Mature Trees
  • Wood Flooring
  • 0.76 Acre Lot
  • Property is near a park
  • Main Floor Bedroom

About This Home

As of September 2023

NO LONGER IN A FLOOD PLAIN!!! TERRIFIC OPPORTUNITY! This five bedroom, 1 bath, 2 half-bath Victorian was a grand home once upon a time - and could be again: It has huge rooms, tall ceilings, fab vintage design elements, and GORGEOUS trim & woodwork throughout. The main floor also has a separate suite w/exterior door - so could be used for extended family or home business. There is a large main floor BR, and 4 more upstairs (one w/kitchenette). The walk-up attic has soaring ceilings & lots of natural light, and the full basement has plumbing, a workbench, and plenty of storage. [BONUS: newer roof; hardwood under carpet.] The outdoor space is a treat: There is a wrap-around screened porch + raised patio; a big open yard w/trees, garden & grapevines, and a 2 car garage. Set on a generous 3/4 acre corner lot, and convenient to town. Needs quite a bit of TLC to make it a home again - but could be a real peach. Come and see! (c)2022

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 11/04/2022

Coldwell Banker Realty

Co-Listed By

Sarah Powers

Coldwell Banker Realty License #475136610

Last Buyer's Agent

Tammy Rodrigues

GENERATION HOME PRO License #471019317

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1892

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 150x221.6
  • Corner Lot
  • Paved or Partially Paved Lot
  • Mature Trees
  • Property is zoned SINGL

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,022 Sq Ft Home
  • 2.5-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Beamed Ceilings
  • Ceiling height of 10 feet or more
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Library with Fireplace
  • Sun or Florida Room
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens
  • Second Kitchen
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Iroquois County Comm Elementary And Middle School
  • Watseka Community High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Steam

Additional Features

  • Patio
  • Property is near a park

Home Details

Home Type

Single Family

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 2.5 Story
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Built-in Features, Ceiling - 10 Foot, Historic/Period Mlwk, Beamed Ceilings
  • LivingArea: 3022
  • Room Type: Bedroom 5, Den, Attic, Kitchen, Foyer, Sun Room
  • Estimated Total Finished Sq Ft: 3022
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3022
  • Basement Sq Ft: 1511
  • Fireplace Location: Den/Library
  • Total Sq Ft: 4533
  • Upper Level Sq Ft: 1511
  • Attic: Full,Interior Stair
  • Main Level Sq Ft: 1511
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch Screened, Storms/Screens
  • Foundation Details: Block
  • List Price: 94500
  • Lot Features: Corner Lot, Mature Trees
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Stone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 6
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Iroquois County Comm
  • High School: Watseka Community High School
  • Middle/Junior School: Iroquois County Comm
  • Middle/Junior School District: 9

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.763
  • Lot Dimensions: 150X221.6
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4549.88
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Sep 27, 2023
Sold by
Varbounker Nina
Bought by
Snowden Marisa and Cronk Lisa
Seller's Agent
Susan Fisher
Coldwell Banker Realty
Buyer's Agent
Tammy Rodrigues
GENERATION HOME PRO
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Views
963
Current Estimated Value
$145,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,924
Avg. Annual Appreciation
42.35%
Source: Public Records

Range of Values:

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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
Snowden Marisa $75,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $75,000 -20.6% $25 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $94,500 -5.4% $31 / Sq Ft
07/05/2023 07/05/23 For Sale $99,900 0.0% $33 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $99,900 0.0% $33 / Sq Ft
04/18/2023 04/18/23 For Sale $99,900 +33.2% $33 / Sq Ft
04/14/2023 04/14/23 Off Market $75,000 -- --
03/10/2023 03/10/23 Pending -- -- --
03/01/2023 03/01/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $99,900 -- $33 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,427 $54,560 $22,350 $32,210
2023 $4,427 $50,050 $20,500 $29,550
2022 $5,289 $41,970 $17,190 $24,780
2021 $4,550 $40,730 $16,680 $24,050
2020 $4,901 $43,560 $17,840 $25,720
2019 $2,242 $42,120 $17,250 $24,870
2018 $2,250 $41,020 $16,800 $24,220
2017 $2,326 $40,290 $16,500 $23,790
2016 $2,342 $40,290 $16,500 $23,790
2015 $2,214 $39,780 $16,290 $23,490
2014 $2,214 $39,050 $15,990 $23,060
2013 $2,186 $40,770 $16,690 $24,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11667547

Midwest Real Estate Data (MRED)

APN: 19-33-354-016