NOT LISTED FOR SALE

1507 Cottage Ave Granite City, IL 62040

Estimated Value: $74,000 - $121,000

1 Bed
1 Bath
864 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $24,700 $29 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $637/month

93 Days on Market

About This Home

As of November 2015

Charming home with enclosed front porch, detached garage, great location. Right off of Nameoki Road, close to shopping, bus line, restaurants. Hud Case # 132-183296 Visit www.hudhomestore.com for bidding information, escrow and property condition report. Buyer responsible for verifying all MLS information including but not limited to taxes, sq. feet, lot size, utility easements, school districts and features of home. Property being sold as is where is with no warranties or representations. Back up offers will not be accepted on this property upon contract cancellation if the condition should change due to vandalism, flooding or other instances of substantial damage

Last Agent to Sell the Property

Tina Besserman

Century 21 Bailey & Company License #471001445 Listed on: 07/20/2015

Century 21 Bailey & Company

Last Buyer's Agent

Tina Besserman

Century 21 Bailey & Company License #471001445 Listed on: 07/20/2015

Century 21 Bailey & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • 1926

Lot Details

  • 5,706

Parking

  • 1 Car Garage

Interior Spaces

  • 1 Main Level Bedroom
  • 864 Sq Ft Home
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 45 x 127.5
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

1926

Lot Details

0

Parking

1

Listing Details

  • Municipality Township: Granite City
  • Special Areas: Sun Room
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Appliances: Microwave, Range
  • Basement: Full
  • Main Level Bedrooms: 1
  • Sitting Room: SUN
  • Total Living Area: 864.00

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Dimensions: 45 x 127.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2017
Sold by
Besserman Trust
Bought by
Stay Saff Llc
Current Estimated Value
$98,867

Purchase Details

Closed on
Feb 16, 2016
Sold by
Williams Gerald
Bought by
The Besserman Living Trust and Besserman Tina M

Purchase Details

Listed on
Jul 20, 2015
Closed on
Nov 6, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Williams Gerald
Seller's Agent
Tina Besserman
Century 21 Bailey & Company
Buyer's Agent
Tina Besserman
Century 21 Bailey & Company
List Price
$45,000
Sold Price
$24,700
Premium/Discount to List
-$20,300
-45.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 29, 2015
Sold by
Williams Kathie
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 29, 2005
Sold by
Melton Margaret
Bought by
Williams Kathie and Toohill William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,903
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2005
Sold by
Melton Edward E and Melton Larry W
Bought by
Melton Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,903
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2003
Sold by
Melton Margaret E
Bought by
Melton Edward S and Laub Darlene

Purchase Details

Closed on
Sep 16, 2003
Sold by
Harms Carol A
Bought by
Melton Margaret E
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
Stay Saff Llc -- Pontoon Title
The Besserman Living Trust -- Attorney
Williams Gerald -- Pontoon Title Company
Secretary Of Housing & Urban Development -- Servicelink
Wells Fargo Bank Na -- None Available
Williams Kathie $71,000 Metro Title & Escrow Company
Melton Margaret E -- Metro Title & Escrow Co
Melton Edward S -- --
Melton Margaret E $45,000 Pontoon Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Kathie $69,903
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $24,700 -45.1% $29 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $45,000 -- $52 / 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 $1,398 $16,040 $5,040 $11,000
2023 $1,398 $14,450 $4,540 $9,910
2022 $1,376 $13,240 $4,160 $9,080
2021 $1,285 $12,420 $3,900 $8,520
2020 $1,255 $11,860 $3,720 $8,140
2019 $1,219 $11,250 $3,530 $7,720
2018 $1,190 $10,920 $3,430 $7,490
2017 $1,168 $11,330 $3,560 $7,770
2016 $917 $8,730 $3,560 $5,170
2015 $1,177 $18,420 $3,560 $14,860
2014 $1,177 $18,420 $3,560 $14,860
2013 $1,177 $18,420 $3,560 $14,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS4410519

MARIS MLS

APN: 22-2-20-08-11-201-030