NOT LISTED FOR SALE

601 E Chestnut St Olney, IL 62450

Estimated Value: $25,000 - $158,000

4 Beds
2 Baths
2,200 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $20,000 $9 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $514/month

42 Days on Market

About This Home

As of December 2023

Welcome to your future home in the heart of Olney, Illinois! This cozy 4-bedroom, 2-bathroom property is now available for sale, offering an excellent opportunity for homeowners and investors alike. This property is being offered in its current condition, providing you with the chance to customize and update it according to your preferences and needs. Whether you're looking to invest, renovate, or make it your forever home, this property has incredible potential.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #471012933 Listed on: 10/06/2023

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $877

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 61x130

Home Design

  • Shingle Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Richland High School

Utilities

  • Heating System Uses Gas
  • Wall Furnace

Community Details

  • Olney Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-03-204-265

Home Details

Home Type

Single Family

Est. Annual Taxes

$877

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1922
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2200
  • KitchenDining: Other Kitchen/Dining

Exterior Features

  • Lot Features: Other
  • Construction Type: Other
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Heating: Electric, Gas, Wall Unit(s)
  • Water Source: Public Sewer, Public

Schools

  • High School: East Richland

Lot Info

  • Lot Size: 61x130
  • Parcel #: 11-03-204-265

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 877
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2009
Sold by
Fannie Mae
Bought by
Belcher Dustin M and Belcher Melissa J
Current Estimated Value
$90,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
5.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Belcher Dustin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Belcher Dustin M $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $20,000 -19.7% $9 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $24,900 -34.5% $11 / Sq Ft
10/30/2023 10/30/23 Price Changed $38,000 -4.8% $17 / Sq Ft
10/06/2023 10/06/23 For Sale $39,900 -- $18 / 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 $476 $6,667 $4,442 $2,225
2023 $956 $18,288 $4,113 $14,175
2022 $877 $16,933 $3,808 $13,125
2021 $1,362 $16,127 $3,627 $12,500
2020 $837 $15,811 $3,556 $12,255
2019 $185 $15,811 $3,556 $12,255
2018 $272 $15,811 $3,556 $12,255
2017 $815 $15,655 $3,521 $12,134
2016 $761 $14,909 $3,353 $11,556
2015 $719 $14,336 $3,224 $11,112
2014 $678 $14,055 $3,161 $10,894
2013 $564 $12,870 $2,894 $9,976
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gehris

    Seller's Agent in 2023

    Ryan Gehris

    USRealty.com, LLP

    (866) 807-9087

    3 in this area

    1,941 Total Sales

    Ryan Gehris
    Section Image

  • N

    Buyer's Agent in 2023

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1025219

RMLS Alliance

APN: 11-03-204-265

Illinois Richland County Olney 62450

601 E Chestnut St, Olney, IL

Not Listed for Sale

Detached

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