NOT LISTED FOR SALE

1429 Madison Ave Granite City, IL 62040

Estimated Value: $69,000 - $110,000

3 Beds
2 Baths
1,236 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $9,000 $7 Per Sq Ft

Est. 848% increase in value since last sale

Current estimated payment $520/month

189 Days on Market

About This Home

As of September 2017

If you are looking for a home that is a rehab , this is the one. Johnston Realty & Regions make no representations or warranties whatsoever as to the structure, foundation, roof, plumbing, electrical or other condition of home. Buyer's to verify any information and sq. footage. Property sold "AS IS". Flood zone AH& Full basement.

Last Agent to Sell the Property

Joyce Johnston

Johnston Realty, Inc. License #475123232 Listed on: 03/02/2017

Last Buyer's Agent

Jeff Tretter

Keller Williams Marquee License #475156079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • 1911

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 56x119

Parking

  • Off-Street Parking

Interior Spaces

  • 1,236 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1.5 Story
  • Municipality Township: Granite City
  • Special Description: No Exemptions
  • Ownership: Bank
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1911

Interior Features

  • Basement: Partial
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 1236.00
  • Bathrooms: 2.00
  • Bedrooms: 3.00
  • Room Cnt: 6
  • Square Footage: 1236
  • Total Full Baths: 2

Garage/Parking

  • Parking: Off Street

Utilities

  • Water: Public
  • Heating: Forced Air

Schools

  • School District: Granite City DIST 9
  • Elementary School: GRANITE CITY DIST 9
  • Middle School: GRANITE CITY DIST 9
  • High School: Granite City

Lot Info

  • Lot Dimensions: 56x119
  • Lot Sq Ft: 6011
  • Acres: 0.1380

Tax Info

  • Taxes Paid: 888
  • Taxes Paid Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Francis Robert Anthony
Bought by
Francis Properties Llc
Current Estimated Value
$85,347

Purchase Details

Listed on
Mar 2, 2017
Closed on
Sep 26, 2017
Sold by
Regions Bank
Bought by
Francis Robert
Seller's Agent
Joyce Johnston
Johnston Realty, Inc.
Buyer's Agent
Jeff Tretter
Keller Williams Marquee
List Price
$19,900
Sold Price
$9,000
Premium/Discount to List
-$10,900
-54.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.48%

Purchase Details

Closed on
Oct 24, 2005
Sold by
Deorssett Valorie A and Derossett Kenneth
Bought by
Derossett Valorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,428
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Francis Properties Llc -- Metro Title & Escrow Co
Francis Robert $9,000 --
Derossett Valorie A -- Nations Title Agency Of Miss
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derossett Valorie A $58,300
Previous Owner Derossett Valorie A $55,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $9,000 -24.4% $7 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $11,900 -20.1% $10 / Sq Ft
06/27/2017 06/27/17 Price Changed $14,900 -25.1% $12 / Sq Ft
06/04/2017 06/04/17 For Sale $19,900 +121.1% $16 / Sq Ft
05/30/2017 05/30/17 Off Market $9,000 -- --
03/02/2017 03/02/17 For Sale $19,900 -- $16 / Sq Ft
Source: MARIS MLS

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 $826 $9,480 $480 $9,000
2023 $826 $8,540 $430 $8,110
2022 $813 $7,820 $390 $7,430
2021 $759 $7,340 $370 $6,970
2020 $742 $7,010 $350 $6,660
2019 $335 $3,090 $330 $2,760
2018 $327 $3,000 $320 $2,680
2017 $1,487 $14,420 $330 $14,090
2016 $885 $14,420 $330 $14,090
2015 $798 $14,420 $330 $14,090
2014 $798 $14,420 $330 $14,090
2013 $798 $14,420 $330 $14,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17014934

MARIS MLS

APN: 22-2-19-24-15-401-032