NOT LISTED FOR SALE

516 W Cherry St Olney, IL 62450

Olney Area

Estimated Value: $18,000 - $115,000

4 Beds
1.5 Baths
1,450 Sq Ft
$49/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2021

Last sale price $13,000 $9 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $442 / mo

36 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room
  • Main Floor Primary Bedroom
  • Living Room
  • Entrance Foyer

About This Home

As of April 2021

If you are looking for an affordable project, you have found it! The main home has 4bedrooms and 2 bathrooms. A spacious living room, open kitchen, and lots of windows for natural light. The 2nd floor has 2 bedrooms and a bathroom, all ample sized. In the rear of the property is a 2nd home, small one bedroom home could possibly be renovated as well. This is a FIXER UPPER PROPERTY AND BEING SOLD AS IS.

Last Agent to Sell the Property

Amy Lee Bailey

AMY LEE REALTY LLC Listed on: 02/08/2021

Last Buyer's Agent

Amy Lee Bailey

AMY LEE REALTY LLC Listed on: 02/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1900

Lot Details

  • 9,583

Parking

  • Driveway

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Partial Basement
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Laminate Countertops

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Additional Features

  • 9,583 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$628

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Listing Details

  • FloorHardwood: Yes
  • FloorLinoleum: Yes
  • FloorVinyl: Yes
  • HamletID: 0
  • HeatTypeForcedAir: Yes
  • IsNaturalGasAvailable: Yes
  • KitchenCounterType: Laminate
  • LandRentAmount: 0
  • Lot Size Acres: 0.22
  • Number Of Stories: 2
  • OutbuildingGuestHouse: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Olney
  • Prop. Type: House (Detached)
  • Renovation Year: 0
  • RoofAsphalt: Yes
  • First Floor Bathroom: Yes
  • First Floor Master Bedroom: Yes
  • Room for Pool: Yes
  • Foyer: Yes
  • Kitchen: Yes
  • Laundry Room: Yes
  • Primary Bedroom: Yes
  • SForSaleAndRForRental: S
  • SidingVinyl: Yes
  • USStateAbbreviation: IL
  • ViewStreet: Yes
  • WaterSourceType: Municipal
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • ApplianceOven: Yes
  • Basement Type: Partial
  • Kitchen Type: Eat-In
  • Fireplaces: 0
  • Living Room: Yes
  • AboveArea Sq Ft: 0

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Driveway: Yes
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: Richland County CUSD 1

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 4
  • Total Taxes: 628

Tax Info

  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2007
Sold by
Bought by
Current Estimated Value
$70,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Outstanding Balance
$21,892
Interest Rate
6.21%
Estimated Equity
$48,536
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $37,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $13,000 -13.3% $9 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $15,000 -- $10 / Sq Ft
Source: My State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $697 $9,366 $3,183 $6,183
2024 $671 $8,836 $3,003 $5,833
2023 $637 $8,182 $2,781 $5,401
2022 $608 $7,576 $2,575 $5,001
2021 $373 $4,420 $2,452 $1,968
2020 $623 $13,298 $2,404 $10,894
2019 $629 $13,298 $2,404 $10,894
2018 $620 $13,298 $2,404 $10,894
2017 $605 $13,166 $2,380 $10,786
2016 $1,071 $12,539 $2,267 $10,272
2015 $1,039 $12,057 $2,180 $9,877
2014 $490 $11,820 $2,137 $9,683
2013 $396 $10,825 $1,957 $8,868
Source: Public Records

Agents Affiliated with this Home

  • Amy Lee Bailey

    Seller's Agent in 2021

    Amy Lee Bailey

    AMY LEE REALTY LLC

    (618) 599-5836

    263 Total Sales

    Amy Lee Bailey
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Map

Source: My State MLS

MLS Number: 10969676

APN: 11-03-129-010

Illinois Richland County Olney 62450

516 W Cherry St, Olney, IL

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