NOT LISTED FOR SALE

602 E Olive St Red Bud, IL 62278

Estimated Value: $177,000 - $279,000

4 Beds
1.5 Baths
1,944 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $45,000 $23 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $1,297/month

85 Days on Market

Highlights

  • Ranch Style House
  • Radiant Floor
  • Corner Lot
  • Red Bud High School Rated 9+
  • Loft
  • Formal Dining Room

About This Home

As of July 2017

Beautiful renovation possibilities! Let your imagination run wild in restoring/remodeling this 4 bedroom home to the showplace it once was! This older home has lots of character, including tall ceilings, large rooms & window, hardwood flooring, a pocket door, original solid wood doors and old door handles and hardwood trim. This home was built in the 1920’s and currently has 2 bedrooms & 1 full bath on the main level, w/2 bedrooms, ½ bath and loft area in the upper level. New vinyl siding in 1995, Furnace boiler in 1994, back addition (currently used as an entertaining room) added in 1970 with new windows installed in 2010. Detached garage was built in 1959 has electric and has a tandem garage entry, housing a total of 3 vehicles, if needed. Home comes with 2 window units and is sold “AS IS” with no repairs to be made by the Seller.

Last Agent to Sell the Property

Lisa Meegan

eXp Realty License #475129918 Listed on: 04/18/2017

eXp Realty

Last Buyer's Agent

Jim Thrasher

Welcome Home Real Estate Llc License #471001414

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 70x130
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Side or Rear Entrance to Parking
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 1,944 Sq Ft Home
  • Pocket Doors
  • Formal Dining Room
  • Loft
  • Partial Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Partially Carpeted
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Special Areas: Loft
  • Special Description: Homestead Senior, Senior Freeze, Owner Occupied
  • Ownership: Private
  • Year Built Exception: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Partial, Stone/Rock
  • Bedroom Types: Main Floor Master
  • Dining Room: Separate Dining
  • Interior Amenities: Some Carpeting, Some Wood Floors
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 1944.00
  • Windows/Doors: Pocket Door(s)
  • Appliances: Dryer, Range/Oven-Gas, Refrigerator
  • Bathrooms: 2.00
  • Bedrooms: 4.00
  • Room Cnt: 11
  • Square Footage: 1944
  • Total Full Baths: 1
  • Total Half Baths: 1

Exterior Features

  • Architecture: Traditional

Garage/Parking

  • Garage Spaces: 3
  • Parking: Detached, Garage Door Opener, Oversize, Rear/Side Entry, Tandem Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 2 Window/Wall
  • Heating: Baseboard, Radiant Floor

Lot Info

  • Lot Description: Corner Lot
  • Lot Dimensions: 70x130

Tax Info

  • Taxes Paid: 346
  • Taxes Paid Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jul 13, 2017
Sold by
Malone M Robert
Bought by
Buch Jordan S
Seller's Agent
Lisa Meegan
eXp Realty
Buyer's Agent
Jim Thrasher
Welcome Home Real Estate Llc
List Price
$75,000
Sold Price
$45,000
Premium/Discount to List
-$30,000
-40%
Current Estimated Value
$207,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,639
Avg. Annual Appreciation
19.79%
Original Mortgage
$96,000
Outstanding Balance
$79,869
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$127,770
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
Buch Jordan S $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buch Jordan S $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $45,000 -22.4% $23 / Sq Ft
05/18/2017 05/18/17 Price Changed $58,000 -9.4% $30 / Sq Ft
05/01/2017 05/01/17 Price Changed $64,000 -14.7% $33 / Sq Ft
04/18/2017 04/18/17 For Sale $75,000 -- $39 / 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 $2,503 $47,870 $7,550 $40,320
2023 $2,321 $44,825 $7,070 $37,755
2022 $1,214 $26,695 $6,590 $20,105
2021 $1,169 $40,005 $6,310 $33,695
2020 $1,197 $26,184 $6,462 $19,722
2019 $1,418 $40,615 $9,575 $31,040
2018 $1,749 $29,966 $10,556 $19,410
2017 $1,631 $26,015 $9,165 $16,850
2016 $348 $25,230 $8,890 $16,340
2015 $346 $24,860 $8,760 $16,100
2014 $346 $25,415 $8,955 $16,460
2013 $400 $25,415 $8,955 $16,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17030828

MARIS MLS

APN: 13-087-008-00