NOT LISTED FOR SALE

1231 Iowa St Madison, IL 62060

Estimated Value: $34,000 - $63,000

2 Beds
1 Bath
1,203 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $23,500 $20 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $314/month

20 Days on Market

About This Home

As of December 2023

INVESTOR SPECIAL! Located just 15 minutes from downtown St. Louis, this cozy 2-bed bungalow is the perfect addition to your rental portfolio. Don't let this opportunity pass you by, schedule a showing today!

Last Agent to Sell the Property

Matthew Doughty

Marketplace Homes License #471019454 Listed on: 10/12/2023

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $645

Year Built

  • Built in 1920

Lot Details

  • 3,180

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,203 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Frohardt Elementary School
  • Coolidge Junior High School
  • Granite City High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Shed
  • Lot Dimensions are 25x127.5

Home Details

Home Type

Single Family

Est. Annual Taxes

$645

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1203
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1203
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1203
  • ResoLivingAreaSource: Estimated

Exterior Features

  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • 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

  • Elementary School: Frohardt Elementary School
  • High School: Granite City High School
  • Middle/Junior School: Coolidge Junior High School

Lot Info

  • Lot Dimensions: 25X127.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 644.84
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 17, 2023
Sold by
Flowers Sheila
Bought by
First Light Investments Llc
Seller's Agent
Matthew Doughty
Marketplace Homes
Buyer's Agent
Non Member
NON MEMBER
List Price
$29,000
Sold Price
$23,500
Premium/Discount to List
-$5,500
-18.97%
Views
100
Current Estimated Value
$47,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,058
Avg. Annual Appreciation
45.21%

Purchase Details

Closed on
Jun 27, 2022
Sold by
Love Orlando
Bought by
Flowers Sheila

Purchase Details

Closed on
Jul 2, 2018
Sold by
Anderson Marcus
Bought by
Love Orlando

Purchase Details

Closed on
Oct 26, 2017
Sold by
Love Orlando
Bought by
Anderson Marcus

Purchase Details

Closed on
Mar 6, 2017
Sold by
Cosper Jolene D
Bought by
Love Orlando
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
First Light Investments Llc $23,500 Accent Title
Flowers Sheila $30,000 Chicago Title
Love Orlando -- None Available
Anderson Marcus -- --
Love Orlando -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $23,500 -19.0% $20 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $29,000 -- $24 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $752 $7,470 $790 $6,680
2023 $752 $6,540 $690 $5,850
2022 $699 $5,780 $610 $5,170
2021 $220 $5,440 $570 $4,870
2020 $625 $5,320 $560 $4,760
2019 $637 $5,420 $570 $4,850
2018 $653 $6,380 $670 $5,710
2017 $696 $6,450 $680 $5,770
2016 $724 $6,450 $680 $5,770
2015 $200 $6,450 $660 $5,790
2014 $200 $6,450 $660 $5,790
2013 $200 $6,530 $670 $5,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11907423

Midwest Real Estate Data (MRED)

APN: 21-2-19-24-19-405-030