NOT LISTED FOR SALE

506 W 3rd South St Mount Olive, IL 62069

Estimated Value: $147,000 - $195,000

3 Beds
2.5 Baths
1,320 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $154,000 $117 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,219/month

37 Days on Market

Highlights

  • Some Wood Windows
  • Brick Veneer
  • Forced Air Heating System
  • 2 Car Attached Garage
  • 1-Story Property
  • Level Lot

About This Home

As of August 2024

Discover the charm of this impeccably maintained ranch-style home with an attached 2 car garage, offering a comfortable retreat with a flow of 3 bedrooms and 2 baths on the main level. Nestled on a spacious corner lot with 2 additional sheds, this property boasts a large, full unfinished basement with a half bath, providing ample opportunity for expansion or storage. Ideal for those seeking both tranquility and potential, this residence promises a perfect canvas for creating your dream living space. Make your appointment today, because this gem won't last long!

Last Agent to Sell the Property

Michael Bellovich

RE/MAX Alliance License #475157792 Listed on: 06/28/2024

RE/MAX Alliance

Co-Listed By

Mark Roberts

RE/MAX Alliance License #475.208136

RE/MAX Alliance

Last Buyer's Agent

Mark Roberts

RE/MAX Alliance License #475.208136

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,189

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 150x140
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Brick Veneer
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Some Wood Windows
  • Tilt-In Windows
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 02-001-131-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,189

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Directions: Route 66 to W 3rd South St
  • Property Sub-Type: Residential
  • ResoLotFeatures: Level Lot
  • Lot Size Acres: 0.4821
  • Co List Office Mls Id: MARRALL01
  • Co List Office Phone: 3452111
  • Co List Office Phone: 3452111
  • Subdivision Name: G G Arkebauers 3rd Add
  • Above Grade Finished Sq Ft: 1200
  • Architectural Style: Other
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: One
  • Reso Window Features: Some Tilt-In Windows, Some Wood Windows
  • Style Description: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Bathroom in LL, Full, Unfinished
  • Interior Amenities: Carpets
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 120
  • Fireplace: No
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Fireplace Location: None

Beds/Baths

  • Bedroom Description: Divided Bdr Flr Plan,Main Floor Primary

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Aluminum Siding, Brick Veneer

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Attached Garage
  • Total Parking Spaces: 4
  • Driveway: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: MOUNT OLIVE DIST 5
  • Junior High Dist: MOUNT OLIVE DIST 5
  • High School: Mt Olive Community High School
  • Middle Or Junior School: MOUNT OLIVE DIST 5

Lot Info

  • Development Status: Unknown
  • Lot Dimensions: 150x140
  • Lot Size Sq Ft: 21000
  • Parcel Number: 02-001-131-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 5, 2024
Sold by
Schwab David A and Schwab-Earll Sharon D
Bought by
Tomso Matthew M
Seller's Agent
Michael Bellovich
RE/MAX Alliance
Buyer's Agent
Mark Roberts
RE/MAX Alliance
List Price
$164,900
Sold Price
$154,000
Premium/Discount to List
-$10,900
-6.61%
Views
7
Current Estimated Value
$168,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,229
Avg. Annual Appreciation
8.69%
Original Mortgage
$146,300
Outstanding Balance
$144,907
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$23,322

Purchase Details

Closed on
Oct 25, 2014
Sold by
Schwab Frank C
Bought by
Land Jeff
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
Tomso Matthew M -- None Listed On Document
Land Jeff $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomso Matthew M $146,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Pending -- -- --
08/05/2024 08/05/24 Sold $154,000 -6.6% $117 / Sq Ft
06/28/2024 06/28/24 For Sale $164,900 -- $125 / 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 $3,642 $45,934 $7,518 $38,416
2023 $2,573 $42,531 $6,961 $35,570
2022 $2,573 $39,749 $6,506 $33,243
2021 $2,282 $48,148 $6,080 $42,068
2020 $811 $61,625 $5,736 $55,889
2019 $2,162 $35,045 $5,736 $29,309
2018 $830 $34,024 $0 $0
2017 $1,421 $32,312 $5,289 $27,023
2016 $1,998 $32,312 $5,289 $27,023
2015 $853 $32,312 $5,289 $27,023
2014 $805 $32,312 $5,289 $27,023
2013 $781 $35,065 $5,740 $29,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24038304

MARIS MLS

APN: 02-001-131-00