$205,000
$5K PRICE DROP

702 W Olive St Farmer City, IL 61842

Estimated payment $1,582/month

Total Views 22,567
4 Beds
2 Baths
2,391 Sq Ft
$86 Price per Sq Ft

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Family Room
  • Laundry Room
  • Combination Kitchen and Dining Room
  • Vinyl Flooring

About This Home

Welcome to this beautifully maintained home, filled with thoughtful updates! Loads of living space in this split level home. 4 bedrooms, 2 bathrooms, and a 2 car garage. The family room addition off the eat-in kitchen has beautiful natural light and adds to the spaciousness of this home. Upstairs, you'll find three generously sized bedrooms and a full bath. Designed for comfortable living and effortless entertaining, this home sits on a nicely sized corner lot. Recent improvements include a renovated kitchen, both bathrooms, a new HVAC system (2021), new kitchen appliances (2021), and new gutters and shutters (2023). Don't miss out on this fantastic opportunity!

Listing Agent

Joanna Smith

Real Broker, LLC License #475182009 Listed on: 03/05/2025

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,506

Year Built

  • Built in 1975

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Split Level Home
  • Tri-Level Property
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,391 Sq Ft Home
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Finished Basement Bathroom

Schools

  • Blue Ridge Junior High School
  • Blue Ridge High School

Additional Features

  • Lot Dimensions are 125.4x75.67
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,506

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • Levels: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partially Finished, Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2391
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2391
  • Assessed Sq Ft: 1560
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 2391
  • Basement Sq Ft: 0
  • Total Sq Ft: 2391
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 554
  • Main Level Sq Ft: 1323
  • Lower Level Sq Ft: 514
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Block
  • List Price: 205000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Blue Ridge High School
  • Middle/Junior School: Blue Ridge Junior High School
  • Middle/Junior School District: 18

Lot Info

  • Lot Dimensions: 125.4X75.67
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5506
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,065 $69,899 $4,097 $65,802
2023 $5,506 $63,660 $3,731 $59,929
2022 $2,622 $33,119 $3,520 $29,599
2021 $2,501 $32,154 $3,417 $28,737
2020 $2,545 $32,154 $3,417 $28,737
2019 $2,543 $32,154 $3,417 $28,737
2018 $2,446 $31,400 $3,337 $28,063
2017 $2,484 $30,588 $3,209 $27,379
2016 $2,818 $33,988 $3,146 $30,842
2015 $2,718 $33,988 $3,146 $30,842
2014 $2,718 $33,988 $3,146 $30,842
2013 -- $33,988 $3,146 $30,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $205,000 -2.4% $86 / Sq Ft
03/06/2025 03/06/25 For Sale $210,000 +9.9% $88 / Sq Ft
06/28/2023 06/28/23 Sold $191,000 -2.1% $80 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $195,000 -- $82 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $191,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,540 FHA
Previous Owner $92,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner $92,000 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12300933

Midwest Real Estate Data (MRED)

APN: 05-33-103-002