NOT LISTED FOR SALE

513 N Cherry St O Fallon, IL 62269

Estimated Value: $209,000 - $288,000

4 Beds
3 Baths
2,013 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $77,000 $38 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,679/month

112 Days on Market

About This Home

As of December 2014

****HUGE PRICE REDUCTION***LOTS OF ROOM TO GROW! LARGE ROOMS WITH 4 BEDROOMS, 3 BATHS, DINING ROOM, FAMILY ROOM, BONUS ROOM. NICE CORNER LOT, CLOSE TO SAFB, SHOPPING AND MORE. "Sellerâs name is Secretary of Veterans Affairs. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions ; Lender PreâApproval letter for financed offers (dated within last 30 days)." Prior to seller receipt and approval of the full title package from foreclosure, Seller to provide Non-Warranty Deed only.Property was built prior to 1978 and lead based paint may potentially exist

Last Agent to Sell the Property

Christine Hayes

Southern Realty LLC Collinsville License #471001733 Listed on: 07/03/2014

Last Buyer's Agent

Dena Brinkman

Coldwell Banker Brown Realtors License #475128914

Coldwell Banker Brown Realtors

Home Details

Home Type

  • Single Family

Year Built

  • 1961

Lot Details

  • 10,019

Parking

  • 1 Car Garage

Interior Spaces

  • 2,013 Sq Ft Home

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 111x80x132x60
  • Heating Available

Home Details

Home Type

Single Family

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Municipality Township: O'Fallon
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Basement: Full, Walk-Out
  • Lower Level Bedrooms: 1
  • Main Level Bedrooms: 3
  • Sitting Room: BON
  • Total Living Area: 2013.00

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Dimensions: 111X80X132X60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Nov 5, 2014
Sold by
The Secretary Of Veterans Affairs
Bought by
Cotter Sherry L and Cotter Jeffrey L
Seller's Agent
Christine Hayes
Southern Realty LLC Collinsville
Buyer's Agent
Dena Brinkman
Coldwell Banker Brown Realtors
List Price
$92,000
Sold Price
$77,000
Premium/Discount to List
-$15,000
-16.3%
Current Estimated Value
$250,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,278
Avg. Annual Appreciation
11.25%
Original Mortgage
$73,000
Outstanding Balance
$55,921
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$194,358

Purchase Details

Closed on
Apr 4, 2014
Sold by
Phh Mortgage Corporation
Bought by
Secretary Of Veteran S Affairs

Purchase Details

Closed on
Mar 20, 2014
Sold by
Edwards Greg D and Edwards Jamie R
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Oct 27, 2004
Sold by
Erb Gary H and Erb Barbara A
Bought by
Edwards Greg D and Edwards Jamie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,477
Interest Rate
5.85%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cotter Sherry L $77,000 Fatic
Secretary Of Veteran S Affairs -- None Available
Phh Mortgage Corporation -- None Available
Edwards Greg D $138,500 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotter Sherry L $73,000
Previous Owner Edwards Greg D $141,477
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $77,000 -16.3% $38 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $92,000 -- $46 / 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 $4,439 $60,891 $11,400 $49,491
2023 $4,095 $54,044 $10,118 $43,926
2022 $3,872 $49,686 $9,302 $40,384
2021 $3,957 $49,846 $9,332 $40,514
2020 $3,931 $47,184 $8,834 $38,350
2019 $3,846 $47,184 $8,834 $38,350
2018 $3,747 $45,815 $8,578 $37,237
2017 $3,763 $44,359 $9,772 $34,587
2016 $3,753 $43,324 $9,544 $33,780
2014 $3,476 $42,823 $9,434 $33,389
2013 $3,682 $39,947 $9,290 $30,657
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christine Hayes

    Southern Realty LLC Collinsville

    (618) 344-1505

    6 in this area

    109 Total Sales

    Christine Hayes
    Section Image

  • D

    Buyer's Agent in 2014

    Dena Brinkman

    Coldwell Banker Brown Realtors

    Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS4309347

MARIS MLS

APN: 04-30.0-214-004

Illinois St. Clair County O'Fallon 62269

513 N Cherry St, O'Fallon, IL

Not Listed for Sale

Detached

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