508 S Cherry St, Mount Olive, IL 62069
Property image
Property image
OFF MARKET

$74,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 949 sqft (on 0.32 acres)

508 S Cherry St, Mount Olive, IL 62069

Est. Refi. Payment $578/mo*
Refinance Your Home
Currently Off Market - Sold Sep 15, 2023 for $68,500

Home Value

Trulia Estimate
$74.9K
Since last month
Decreased$6K (-6.9%)
Since last year
Decreased$7K (-8.7%)
Since last sale
Increased$6K (+8.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +73% in the last 10 years
MonthEstimated value
2026
November 2026$74K
October 2026$79K
September 2026$80K
August 2026$84K
July 2026$83K
June 2026$81K
May 2026$80K
April 2026$80K
March 2026$80K
February 2026$80K
January 2026$77K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
114 W 3rd South St, Mount Olive, IL
0.12
Single-Family Home
$60,000
12/05/25
2
1
950
310 W 4th South St, Mount Olive, IL
0.07
Single-Family Home
$63,000
04/06/26
4
1
1,300
111 W 3rd South St, Mount Olive, IL
0.16
Single-Family Home
$25,000
02/18/26
2
1
1,020
114 W 2nd South St, Mount Olive, IL
0.18
Single-Family Home
$55,000
03/06/26
1
1
1,200
305 W 4th South St, Mount Olive, IL
0.08
Single-Family Home
$16,329
09/25/26
2
1
900
201 N Cherry St, Mount Olive, IL
0.39
Single-Family Home
$69,000
02/12/26
2
1
1,100
205 E 2nd North St, Mount Olive, IL
0.52
Single-Family Home
$85,000
07/06/26
2
1
1,000
300 E 3rd South St, Mount Olive, IL
0.26
Single-Family Home
$57,500
03/31/26
1
1
1,100
209 W 2nd South St, Mount Olive, IL
0.20
Single-Family Home
$20,000
10/30/26
2
1
912
206 N Walnut St, Mount Olive, IL
0.43
Single-Family Home
$50,000
02/10/26
3
1
1,017

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
207 W 5th South St, Mount Olive, IL 62069
0.02
-
Studio
-
-
Off Market
301 W 5th South St, Mount Olive, IL 62069
0.03
-
4
2
2,560
Off Market
212 W 4th South St, Mount Olive, IL 62069
0.03
$108,100
Studio
-
-
Off Market
212 W 5th South St, Mount Olive, IL 62069
0.04
$20,000
Studio
-
-
Recently Sold
206 W 4th South St, Mount Olive, IL 62069
0.04
$131,500
2
1
1,100
Off Market
302 W 4th South St, Mount Olive, IL 62069
0.04
-
Studio
-
-
Off Market
204 W 5th South St, Mount Olive, IL 62069
0.04
$55,100
2
1
1,008
Off Market
201 W 5th South St, Mount Olive, IL 62069
0.04
$133,900
Studio
-
-
Off Market
300 W 5th South St, Mount Olive, IL 62069
0.05
$88,000
2
2
1,434
Off Market
307 W 5th South St, Mount Olive, IL 62069
0.05
-
Studio
-
-
Off Market
204 W 4th South St, Mount Olive, IL 62069
0.05
$98,400
Studio
-
-
Off Market
304 W 4th South St, Mount Olive, IL 62069
0.06
$63,000
Studio
-
-
Recently Sold
304 W 5th South St, Mount Olive, IL 62069
0.06
-
Studio
-
-
Off Market
200 W 5th South St, Mount Olive, IL 62069
0.06
$101,400
2
2
1,200
Off Market
201 W 5th St S, Mount Olive, IL 62069
0.06
-
-
-
-
Off Market
311 W 5th South St, Mount Olive, IL 62069
0.07
$146,900
Studio
-
-
Off Market
213 W 6th South St, Mount Olive, IL 62069
0.07
-
Studio
-
-
Off Market
211 W 4th South St, Mount Olive, IL 62069
0.07
-
-
-
-
Off Market
209 W 4th South St, Mount Olive, IL 62069
0.07
$99,300
4
2
2,160
Off Market
209 W 6th South St, Mount Olive, IL 62069
0.07
$35,900
2
1
1,054
For Sale

Local Information

  • Map ViewExplore the area around 508 S Cherry St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1945
0.32 acre lot
949 sqft
$79/sqft

About this House

What's unique:Detached garageGreat starter homeNew hot water heaterBig level lotExpansion tankBig trees
Don't delay! This auction is ending 04-08-2022 at 12:44 PM. Register for free on Hubzu.com to save this property and place your bid! Hubzu's leading online home auction marketing platform has helped thousands of people buy and sell over 221,000 properties across the nation. Find your next investment with us! Great opportunity on this ranch style home with detached 1 car garage. It offers approximately 949 square feet of living space with 2 bedrooms and 1 bathroom. Good floor plan. Eat in kitchen. Built in 1945 this home require enhancements and upgrades but worth taking a look at.
508 S Cherry St, Mount Olive, IL 62069 is a 2 bedroom, 1 bathroom, 949 sqft single-family home built in 1945. It last sold for $68,500 on Sep 15, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $74,900, with a rent estimate of $1,069/month.

Home Details for 508 S Cherry St

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.32 acres

Price and Tax history

DateEventPrice
Sep 15, 2023
Source: MARIS #23042392
Sold
$68,500
Aug 14, 2023
Source: MARIS #23042392
Contingent
$70,000
Aug 7, 2023
Source: MARIS #23042392
PriceChange
$70,000
Price decreased by 7%
Jul 19, 2023
Source: MARIS #23042392
Listed For Sale
$75,000
Jul 17, 2023
Source: RMLS Alliance as distributed by MLS GRID #CA1021776
ListingRemoved

Market trends in Mount Olive

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
10
2MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Mount Olive

At least 6 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say kids play outside

  • 100 % Say people would walk alone at night

  • 90 % Say yards are well-kept

  • 88 % Say car is needed

  • 80 % Say neighbors are friendly

  • 70 % Say it's dog friendly

  • 70 % Say it's quiet

  • 67 % Say there are sidewalks

  • 60 % Say it's walkable to restaurants

  • 60 % Say there's holiday spirit

  • 60 % Say streets are well-lit

  • 42 % Say it's walkable to grocery stores

  • 33 % Say there are community events

  • 29 % Say there's wildlife

  • 29 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Bsdkr
    "I have lived in this neighborhood for 13 years . My neighbors are great! Most people have at least one dog and some are cat lovers. Yards are well keep t."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 508 S Cherry St

  • What is 508 S Cherry St estimated to be worth?
    Trulia's estimated value for 508 S Cherry St in Mount Olive, IL is $74,900.
  • What is the price history for 508 S Cherry St?
    508 S Cherry St in Mount Olive, IL last sold for $68,500 in September 2023.
  • Is Mount Olive a buyer's or seller's market?
    Mount Olive is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Mount Olive?
    Residents describe Mount Olive, IL as easy to park in, well-kept, and neighborly. Most residents say you need a car. See recently sold homes in Mount Olive, IL.
  • How big is the lot at 508 S Cherry St?
    The lot at 508 S Cherry St in Mount Olive, IL is about 0.32 acres (13,983 sq ft).

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