NOT LISTED FOR SALE

1531 Franklin Ave Collinsville, IL 62234

Estimated Value: $119,000 - $148,000

2 Beds
1 Bath
720 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $102,000 $142 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $842/month

37 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Combination Dining and Living Room
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Adorable and move in ready! Cottage style home features new Pergo laminate flooring and freshly painted interior. Feels like a brand new home! Living/dining room is spacious and lots of newer windows let in the natural light. Galley kitchen - with back door leading to 16 x 20 concrete patio! Two bedrooms and one bath. Unfinished (CLEAN & Painted) basement provides lots of storage space with newer washer/dryer! Make it a work shop/play area/craft area/man cave/she space/home school area etc... New water line to street. Some newer plumbing and electric. HWH is 50 gal (2020) Furnace and Air (2020) Roof (2020). One car detached usable garage and large flat back yard! Convenient quiet neighborhood that is close to almost anything you may need.

Last Agent to Sell the Property

Sandi Lewis

RE/MAX Alliance License #475126688 Listed on: 10/17/2020

RE/MAX Alliance

Last Buyer's Agent

Lisa Colon

RE/MAX Alliance License #475.178745

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1945

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 70 x 110

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 720 Sq Ft Home
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Collinsville Dist 10 Elementary And Middle School
  • Collinsville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13-2-21-22-18-303-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Municipality Township: Collinsville
  • Special Description: Owner Occupied
  • Age: 75
  • Ownership: Private
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Dining Room: Dining/Living Rm Cmb
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Misc Features: Patio
  • Total Living Area: 720.00
  • Appliances: Refrigerator
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 7
  • Square Footage: 720
  • Total Full Baths: 1

Exterior Features

  • Construction: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking: Detached, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: COLLINSVILLE DIST 10
  • Junior High School: COLLINSVILLE DIST 10
  • School District: Collinsville DIST 10
  • Senior High School: Collinsville

Lot Info

  • Lot Description: Streetlights
  • Lot Dimensions: 70 x 110
  • Lot Sq Ft: 7710
  • Acres: 0.1770

Building Info

  • Buildings: Garage(s)

Tax Info

  • Taxes Paid: 1565
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 13-2-21-22-18-303-035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 24, 2020
Sold by
Pavelec Debra
Bought by
Mann William
Seller's Agent
Sandi Lewis
RE/MAX Alliance
Buyer's Agent
Lisa Colon
RE/MAX Alliance
List Price
$99,900
Sold Price
$102,000
Premium/Discount to List
$2,100
2.1%
Current Estimated Value
$129,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,116
Avg. Annual Appreciation
4.85%
Original Mortgage
$95,300
Outstanding Balance
$84,997
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$44,119

Purchase Details

Listed on
Dec 23, 2019
Closed on
Feb 6, 2020
Sold by
Lsf10 Master Participation Trust
Bought by
Pavelec Debra
Seller's Agent
Carl Henrichs
Equity Realty Group, LLC
Buyer's Agent
Judine Lux
RE/MAX Alliance
List Price
$54,900
Sold Price
$51,000
Premium/Discount to List
-$3,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.94%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Judicial Sales Corp
Bought by
Lsf10 Master Participation Trust

Purchase Details

Closed on
May 3, 2005
Sold by
Geisen Adam J and Geisen Toni L
Bought by
Gallagher Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mann William $102,000 Abstracts & Titles
Pavelec Debra $51,000 None Available
Lsf10 Master Participation Trust -- None Available
Gallagher Charles B $90,000 Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann William $95,300
Previous Owner Gallagher Charles B $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $102,000 +2.1% $142 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $99,900 +95.9% $139 / Sq Ft
02/19/2020 02/19/20 Sold $51,000 +2.2% $71 / Sq Ft View Prior Sale
02/04/2020 02/04/20 Pending -- -- --
01/20/2020 01/20/20 Price Changed $49,900 -9.1% $69 / Sq Ft
12/23/2019 12/23/19 For Sale $54,900 -- $76 / 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 $1,949 $36,490 $9,490 $27,000
2023 $1,949 $33,770 $8,780 $24,990
2022 $1,828 $31,230 $8,120 $23,110
2021 $1,703 $30,650 $8,000 $22,650
2020 $2,041 $29,240 $7,630 $21,610
2019 $1,565 $28,240 $7,370 $20,870
2018 $1,517 $26,760 $6,990 $19,770
2017 $1,510 $26,230 $6,850 $19,380
2016 $1,581 $26,230 $6,850 $19,380
2015 $1,643 $27,950 $8,370 $19,580
2014 $1,643 $27,950 $8,370 $19,580
2013 $1,643 $27,950 $8,370 $19,580
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS20074152

MARIS MLS

APN: 13-2-21-22-18-303-035