Sold for $133,000 on 01/18/24
$133,000
4909 N Watergate Rd, Olney, IL 62450
3beds
1,824sqft
Single Family Residence, Residential
Built in 1976
0.46 Acres Lot
$156,400 Zestimate®
$73/sqft
$1,693 Estimated rent
Home value
$156,400
$142,000 - $170,000
$1,693/mo
Zestimate® history
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Owner options
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What's special
Affordable Rustic Lake Home or Luxurious Weekend Getaway. You can see with location, beauty, and affordability this home in the Watergate subdivision has it all. Nestled back in the trees overlooking East Fork Lake you will love the location of this stunning log home. The yard is spacious with a fenced-in backyard with tall trees providing lots of shade yet letting in the natural sunlight. Beauty, this home has it all, great curb appeal, lovely porches, and a balcony off the master overlooking East Fork Lake. Inside you will love the rustic feel and massive beams that make you feel you are in a multi-million dollar home in the mountains. The stone-front fireplace in the huge Great Room will be perfect for those cool winter days. The kitchen is a nice size and has a great layout and a gorgeous view. Upstairs is the Master with French doors to a walk-out Balcony plus the 3rd bedroom and 2nd bathroom. The deck off the back of the home has a pergola over the bar area plus all the room you need for entertaining. The large 2-car garage has a nice workshop in the back and easy-to-climb stairs to the full loft perfect for storage. Everywhere you look at this home you will see the beauty. Homes in this location simply do not come on the market, and the current owner has priced this home for a fast sale so don't think about waiting to call our office to set up your personal showing.
Zillow last checked: 8 hours ago
Listing updated: January 22, 2024 at 12:02pm
Listed by:
Phil Wiley Phone:618-508-4848,
WILEY REALTY GROUP
Bought with:
Phil Wiley, 471019822
WILEY REALTY GROUP
Source: RMLS Alliance,MLS#: EB451298
Originating MLS: Egyptian Board of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Upper
- Dimensions: 15ft 0in x 12ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 15ft 0in x 12ft 0in
Bedroom 3
- Level: Main
- Dimensions: 15ft 0in x 9ft 0in
Great room
- Level: Main
- Dimensions: 28ft 0in x 24ft 0in
Kitchen
- Level: Main
- Dimensions: 12ft 1in x 15ft 0in
Main level
- Area: 1184
Upper level
- Area: 640
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
Features
- High Speed Internet
- Windows: Skylight(s), Window Treatments, Blinds
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Insert
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Gravel
- Garage spaces: 2
- Details: Number Of Garage Remotes: 0
Features
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.46 Acres
- Dimensions: 135' x 150'
- Features: Level, Wooded
Details
- Parcel number: 0625300117
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Log
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Water: Public, Aerator/Aerobic
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Olney
- Subdivision: Watergate
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/18/2024 | Sold | $133,000-4.7%$73/sqft |
Source: | ||
| 12/21/2023 | Contingent | $139,500$76/sqft |
Source: | ||
| 12/18/2023 | Price change | $139,500-6.9%$76/sqft |
Source: | ||
| 12/12/2023 | Listed for sale | $149,900$82/sqft |
Source: | ||
| 11/15/2023 | Pending sale | $149,900$82/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,281 -9% | $44,332 -6.3% |
| 2023 | $2,506 +6.6% | $47,320 +8% |
| 2022 | $2,351 +1.7% | $43,815 +5% |
Find assessor info on the county website
Neighborhood: 62450
Nearby schools
GreatSchools rating
- 8/10East Richland Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 7/10East Richland Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10East Richland High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Richland
- Middle: Richland County
- High: Richland
Source: RMLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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