701 Olive St Gillespie, IL 62033
3
Beds
2
Baths
1,800
Sq Ft
0.37
Acres
Highlights
- Contemporary Architecture
- Private Yard
- Covered patio or porch
- Corner Lot
- No HOA
- Living Room
About This Home
As of July 2025Completely updated 3 bed, 2 bath home on a spacious corner lot! Step into a formal living area with an open feel—perfect for entertaining. Living room is open to all types of furniture and layouts. The bright dining room features large windows, ideal for natural light and plant lovers. Dining area has plenty of space for a full size table and chairs. A second family room in the back offers flexible space for a home office or playroom. Stylish laminate flooring flows throughout entire house. House has been recently painted and updated to modern color schemes. The kitchen boasts ample cabinets, generous counter space, and updated stainless steel appliances. Kitchen flows into the Dining area and is great space for family and friends. A full bath is conveniently located downstairs. Upstairs, the oversized primary bedroom features a walk-in closet, accompanied by two more generously sized bedrooms with large closets and another full bath. Enjoy outdoor living with two covered porches and a large backyard—perfect for gatherings, play, or gardening. The attached garage can fit any type of vehicles and offers extra space for workshop and tools. Basement is a dry poured basement and has an extra built in storm shelter for extra security. Great place for storage.This home combines space, style, and versatility on a prime lot!
Last Agent to Sell the Property
RE/MAX Alliance License #475.208136 Listed on: 06/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,170
Year Built
- Built in 1947
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 150 x 108
- Corner Lot
- Private Yard
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Property Attached
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Basement
- Basement Ceilings are 8 Feet High
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Covered patio or porch
Schools
- Gillespie Dist 7 Elementary And Middle School
- Gillespie Community High Schoo
Utilities
- Forced Air Heating and Cooling System
- Water Softener
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 03-002-617-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2025
Closed on
Jul 25, 2025
Sold by
Allen Chelsea M
Bought by
Larsen Kyle and Larsen Andra
Seller's Agent
Mark Roberts
RE/MAX Alliance
Buyer's Agent
Andrew Milkovich
RE/MAX Alliance
List Price
$189,900
Sold Price
$192,400
Premium/Discount to List
$2,500
1.32%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.04%
Original Mortgage
$196,536
Outstanding Balance
$196,536
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
-$19,803
Purchase Details
Listed on
Aug 10, 2016
Closed on
Dec 12, 2016
Sold by
Mueller Ryan and Davis Melanie
Bought by
Allen Chelsea M
Seller's Agent
Judy Spencer Dona
Century 21 Reid Baugher Realty
Buyer's Agent
Joelle Leitschuh
Cisler & Associates Real Estate
List Price
$98,900
Sold Price
$98,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$99,126
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 24, 2013
Sold by
Hsbc Bank Usa
Bought by
Mueller Ryan and Davis Melanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.52%
Mortgage Type
Unknown
Similar Home in Gillespie, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $99,000 | Community Title | |
| Warranty Deed | $30,299 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $99,126 | New Conventional | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $25,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $192,400 | +1.3% | $107 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $189,900 | +92.0% | $106 / Sq Ft |
| 01/04/2017 01/04/17 | Sold | $98,900 | 0.0% | $54 / Sq Ft |
| 12/09/2016 12/09/16 | Pending | -- | -- | -- |
| 08/10/2016 08/10/16 | For Sale | $98,900 | -- | $54 / Sq Ft |
Source: MARIS MLS
Tax History Compared to Growth
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 | $1,170 | $25,638 | $3,446 | $22,192 |
| 2023 | $1,170 | $23,739 | $3,191 | $20,548 |
| 2022 | $1,170 | $22,186 | $2,982 | $19,204 |
| 2021 | $1,066 | $26,735 | $2,787 | $23,948 |
| 2020 | $1,048 | $26,328 | $2,732 | $23,596 |
| 2019 | $1,022 | $19,360 | $2,602 | $16,758 |
| 2018 | $973 | $18,796 | $0 | $0 |
| 2017 | $942 | $18,038 | $2,424 | $15,614 |
| 2016 | $937 | $18,038 | $2,424 | $15,614 |
| 2015 | $952 | $18,038 | $2,424 | $15,614 |
| 2014 | $964 | $18,038 | $2,424 | $15,614 |
| 2013 | $948 | $18,976 | $2,550 | $16,426 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mark Roberts
RE/MAX Alliance
(618) 345-2111
35 in this area
170 Total Sales
-
Seller Co-Listing Agent in 2025
Michael Bellovich
RE/MAX Alliance
(618) 292-0293
60 in this area
337 Total Sales
-
Buyer's Agent in 2025
Andrew Milkovich
RE/MAX Alliance
(618) 751-2384
2 in this area
44 Total Sales
-
J
Seller's Agent in 2017
Judy Spencer Dona
Century 21 Reid Baugher Realty
-
J
Buyer's Agent in 2017
Joelle Leitschuh
Cisler & Associates Real Estate
Map
Source: MARIS MLS
MLS Number: MIS25041243
APN: 03-002-617-00
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