NOT LISTED FOR SALE

586 Olive St Galesburg, IL 61401

Estimated Value: $107,249 - $121,000

3 Beds
1 Bath
1,182 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $101,000 $85 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $864/month

Highlights

  • Porch
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Patio
  • Ceiling Fan
  • Garage

About This Home

As of July 2022

Back the truck up and start enjoying this newly remodeled 3 bedroom 1.5 bath home! Many charming features can be found throughout including built-ins and an arched doorway between the living room and formal dining room. Enjoy breakfast and afternoon snacks at the newly installed breakfast bar in the bright cheery kitchen boasting new cabinets and butcher block counters. Other great highlights of this attractive property include new flooring throughout, full basement, patio, 2-car garage, and a spacious back yard. Other major updates consist of the roof, high efficiency furnace and central air, and water heater. TMI Home Warranty.

Last Agent to Sell the Property

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 06/03/2022

Mel Foster Co. Galesburg

Last Buyer's Agent

Katie Karhliker

WC Out of Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1925

Lot Details

  • 0.28

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Ceiling Fan

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,547

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: HYDE PARK ADDN LOT 20 BLK 4
  • Lvt Date: 06/03/2022
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Garage Door Opener(s), Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 11x10, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Brick, Full, Poured
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 13x8, On Level: Main, Flooring: Luxury Vinyl Plank
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 11x10, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Family Room: Dimensions: 11x9, On Level: Main, Flooring: Luxury Vinyl Plank
  • Formal Dining Room: Dimensions: 11x10, On Level: Main, Flooring: Luxury Vinyl Plank
  • Kitchen: Dimensions: 11x9, On Level: Main, Flooring: Luxury Vinyl Plank
  • Kitchen Dining: Dining Formal, Eat-In Kitchen
  • Living Room: Dimensions: 16x13, On Level: Main, Flooring: Luxury Vinyl Plank
  • Price Per Sq Ft: 85.45
  • Finished Sq Ft: 1182
  • Total Sq Ft: 1182
  • Finished Main Level Sq Ft: 788
  • Upper Level Finished Sq Ft: 394

Exterior Features

  • Exterior: Steel Siding
  • Exterior Amenities: Patio, Porch
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Paved
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 1

Utilities

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

Lot Info

  • Estimated Lot Size: 66 x 181.5
  • Lot Description: Level
  • Subdivision: Unavailable
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1547.24
  • Parcel Id Number Tax Id: 9909427016
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2021

MLS Schools

  • High School School District: Galesburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 3, 2021
Sold by
Cederberg Donetta K L Tr
Bought by
Wall Eli A
Seller's Agent
Chuck Ross
Mel Foster Co. Galesburg
Buyer's Agent
Chuck Ross
Mel Foster Co. Galesburg
List Price
$64,500
Sold Price
$45,000
Premium/Discount to List
-$19,500
-30.23%
Current Estimated Value
$114,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,812
Avg. Annual Appreciation
27.07%
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
Wall Eli A $45,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $101,000 -1.0% $85 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $102,000 -2.8% $86 / Sq Ft
06/03/2022 06/03/22 For Sale $104,900 +133.1% $89 / Sq Ft
12/03/2021 12/03/21 Sold $45,000 -26.8% $38 / Sq Ft View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $61,500 -4.7% $52 / Sq Ft
09/24/2021 09/24/21 For Sale $64,500 -- $55 / Sq Ft
Source: RMLS Alliance

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 $3,161 $34,070 $4,340 $29,730
2023 $3,161 $32,990 $4,200 $28,790
2022 $863 $15,110 $4,200 $10,910
2021 $1,547 $21,900 $3,960 $17,940
2020 $1,573 $21,900 $3,960 $17,940
2019 $1,542 $21,470 $3,880 $17,590
2018 $1,538 $21,480 $3,770 $17,710
2017 $1,488 $20,850 $3,660 $17,190
2015 -- $20,550 $3,610 $16,940
2013 $1,320 $20,760 $3,650 $17,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1014694

RMLS Alliance

APN: 99-09-427-016