NOT LISTED FOR SALE

508 S Cherry St Mount Olive, IL 62069

Estimated Value: $75,000 - $88,828

3 Beds
1 Bath
1,010 Sq Ft
$83/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $68,500 $68 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $505/month

56 Days on Market

Highlights

  • Solid Surface Countertops
  • 1 Car Detached Garage
  • 1-Story Property
  • Formal Dining Room
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Big trees on a big level lot sits this adorable little cottage just waiting for her next owners. Move in ready. Everything you need on one floor, no steps! Detached garage and room for a workshop. Clean well cared for home, great starter home or excellent opportunity to downsize! Roof is new, including plywood, vents, gutters and ice shield! New hot water heater and expansion tank. Gas range, refrigerator, washer and dryer included! Listing broker has attempted to offer accurate data. Info presented is deemed reliable but not guaranteed. Buyer and buyers agent are responsible for verifying accuracy of all information.

Last Agent to Sell the Property

Bryce Brow

360 Prime Realty Group, LLC License #471021312 Listed on: 07/19/2023

Last Buyer's Agent

Lisa Webb

Third Street Realty License #471.020281

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x141
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room

Kitchen

  • Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-001-330-00

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0.32 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Special Areas: Main Floor Laundry
  • Special Description: No Exemptions
  • Age: 78
  • Ownership: Private
  • Year Built: 1945
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedroom Types: Divided Bdr Flr Plan
  • Dining Room: Separate Dining
  • Kitchen: Solid Surface Counter
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 1
  • Master Bed.: Full Bath
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Bathrooms: 1.00
  • Bedrooms: 3.00
  • Square Footage: 1010
  • Total Full Baths: 1

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking: Detached

Utilities

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

Schools

  • 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 Description: Level Lot
  • Lot Dimensions: 100x141
  • Lot Number: 8-9
  • Lot Sq Ft: 13983
  • Acres: 0.3210

Tax Info

  • Taxes Paid: 1552
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 02-001-330-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 30, 2023
Sold by
Iamhip1 Llc
Bought by
Jochimsen Mary
Seller's Agent
Bryce Brow
360 Prime Realty Group, LLC
Buyer's Agent
Lisa Webb
Third Street Realty
List Price
$75,000
Sold Price
$68,500
Premium/Discount to List
-$6,500
-8.67%
Views
235
Current Estimated Value
$83,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,457
Avg. Annual Appreciation
8.77%
Original Mortgage
$59,500
Outstanding Balance
$57,988
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$25,969

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 26, 2022
Sold by
Bear Stearns Asset Backed Securities I T
Bought by
Lamhipi Llc
Seller's Agent
Val Laborevitch
REALHome Services & Solutions, Inc
Buyer's Agent
Default Zmember
Zdefault Office
List Price
$15,900
Sold Price
$16,000
Premium/Discount to List
$100
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
184.69%

Purchase Details

Listed on
Mar 17, 2022
Closed on
Mar 9, 2022
Sold by
Macoupin County Sheriff
Bought by
Wells Fargo Bank Na
Seller's Agent
Val Laborevitch
REALHome Services & Solutions, Inc
Buyer's Agent
Default Zmember
Zdefault Office
List Price
$15,900
Sold Price
$16,000
Premium/Discount to List
$100
0.63%
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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Purchase History

Date Buyer Sale Price Title Company
Jochimsen Mary -- Spears Title
Lamhipi Llc -- Potestivo & Associates Pc
Wells Fargo Bank Na -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jochimsen Mary $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $68,500 -2.1% $68 / Sq Ft
08/07/2023 08/07/23 Price Changed $70,000 -6.7% $69 / Sq Ft
07/19/2023 07/19/23 For Sale $75,000 +368.8% $74 / Sq Ft
04/26/2022 04/26/22 Sold $16,000 +0.6% $17 / Sq Ft View Prior Sale
04/12/2022 04/12/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $15,900 -- $17 / Sq Ft
Source: MARIS MLS

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 $871 $21,989 $3,165 $18,824
2023 $1,662 $20,361 $2,931 $17,430
2022 $1,662 $19,029 $2,739 $16,290
2021 $1,552 $17,784 $2,560 $15,224
2020 $984 $22,777 $2,415 $20,362
2019 $969 $16,777 $2,415 $14,362
2018 $752 $16,289 $0 $0
2017 $790 $15,469 $2,227 $13,242
2016 $700 $15,469 $2,227 $13,242
2015 $696 $15,469 $2,227 $13,242
2014 $699 $15,469 $2,227 $13,242
2013 $750 $16,788 $2,417 $14,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23042392

MARIS MLS

APN: 02-001-330-00

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