508 Cherry St
Mount Olive, IL 62069
3 bd 1 ba 1,010 sqft Built 1945 Lot 13,983 sqft single_family
Most recent sale
$16,000
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2022 | Sold | $16,000 | MLS #22015996 |
| Mar 17, 2022 | Listed | $15,900 | MLS #22015996 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $18,824 | $3,165 | $21,989 | $871 |
| 2022 | $16,290 | $2,739 | $19,029 | $1,593 |
| 2020 | $14,362 | $2,415 | $16,777 | $984 |
| 2019 | $8,362 | $2,415 | $10,777 | $968 |
| 2018 | $5,944 | $2,345 | $8,289 | $751 |
| 2017 | $13,242 | $2,227 | $15,469 | $883 |
| 2016 | $13,242 | $2,227 | $15,469 | $700 |
| 2015 | $13,242 | $2,227 | $15,469 | $696 |
| 2014 | $13,652 | $2,296 | $15,948 | $698 |
| 2013 | $14,371 | $2,417 | $16,788 | $749 |
| 2012 | $14,516 | $2,441 | $16,957 | $746 |
| 2011 | $14,516 | $2,441 | $16,957 | $701 |
| 2010 | $14,516 | $2,441 | $16,957 | $757 |
| 2009 | $14,516 | $2,441 | $16,957 | $738 |
| 2008 | $13,971 | $2,349 | $16,320 | $735 |
Property facts
Year built
1945
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,010 sqft
Lot size
13,983 sqft
ZIP code
62069
City
Mount Olive
Street
Cherry St
Coordinates
39.06762, -89.72983
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$96
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 508 Cherry St last sell?
508 Cherry St most recently sold on Apr 26, 2022 for $16,000.
What is the current tax assessment for 508 Cherry St?
The most recent total assessment for 508 Cherry St (year 2024) is $21,989 with $871 in property tax.
How does 508 Cherry St's assessment compare to its last sale price?
The current assessment is 37.4% above the last sale price of $16,000.
When was 508 Cherry St built?
508 Cherry St was built in 1945.
How does 508 Cherry St compare to others on Cherry St?
We track 4 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 508 Cherry St?
508 Cherry St is a 3 bed, 1 bath, 1,010 sqft, 13,983 sqft lot single_family.
Is 508 Cherry St a flip candidate?
No — 508 Cherry St does not appear in our flips dataset.
Is 508 Cherry St a tax-appeal candidate?
No — 508 Cherry St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.8%
2026 Q3
$121.8K
2026 Q4
$123.6K
ZIP 62069 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherry St