This 1560 square foot single family home has 3 bedrooms and 2.0 bathrooms. This home is located at 702 W Olive St, Farmer City, IL 61842.
Pre-foreclosure
Est. $229,900
702 W Olive St, Farmer City, IL 61842
3beds
2baths
1,560sqft
SingleFamily
Built in 1975
-- sqft lot
$229,900 Zestimate®
$147/sqft
$-- HOA
Overview
- 60 days |
- 37 |
- 0 |
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Interior area
- Total interior livable area: 1,560 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other
Details
- Parcel number: 0533103002
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
Condition
- Year built: 1975
Community & HOA
Location
- Region: Farmer City
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $209,697
- Annual tax amount: $6,065
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Estimated market value
$229,900
$216,000 - $246,000
$2,308/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/1/2026 | Listing removed | $199,900$128/sqft |
Source:  MRED as distributed by MLS GRID #12300933 Report a problem | ||
| 10/1/2025 | Price change | $199,900-2.5%$128/sqft |
Source: MRED as distributed by MLS GRID #12300933 Report a problem | ||
| 5/14/2025 | Price change | $205,000-2.4%$131/sqft |
Source: MRED as distributed by MLS GRID #12300933 Report a problem | ||
| 3/6/2025 | Listed for sale | $210,000+9.9%$135/sqft |
Source: MRED as distributed by MLS GRID #12300933 Report a problem | ||
| 6/28/2023 | Sold | $191,000-2.1%$122/sqft |
Source: MRED as distributed by MLS GRID #11770765 Report a problem | ||
| 5/26/2023 | Contingent | $195,000$125/sqft |
Source: MRED as distributed by MLS GRID #11770765 Report a problem | ||
| 4/29/2023 | Listed for sale | $195,000$125/sqft |
Source: MRED as distributed by MLS GRID #11770765 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,065 +10.1% | $69,899 +9.8% |
| 2023 | $5,506 +110% | $63,660 +92.2% |
| 2022 | $2,622 +4.9% | $33,119 +3% |
| 2021 | $2,501 -1.7% | $32,154 |
| 2020 | $2,545 +0.1% | $32,154 |
| 2019 | $2,543 +4% | $32,154 +2.4% |
| 2018 | $2,446 -13.2% | $31,400 +2.7% |
| 2017 | $2,818 | $30,588 -10% |
| 2016 | $2,818 +3.7% | $33,988 |
| 2015 | $2,718 | $33,988 |
| 2014 | $2,718 | $33,988 |
| 2013 | -- | $33,988 |
| 2012 | -- | $33,988 +2.2% |
| 2011 | -- | $33,256 |
| 2010 | -- | $33,256 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 61842
Nearby schools
GreatSchools rating
- 6/10Ruth M Schneider Elementary SchoolGrades: PK-3Distance: 0.7 mi
- 4/10Blue Ridge Intermediate-Jr High SchoolGrades: 4-8Distance: 8.1 mi
- 2/10Blue Ridge High SchoolGrades: 9-12Distance: 0.8 mi
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