NOT LISTED FOR SALE

1538 Franklin Ave Collinsville, IL 62234

Estimated Value: $108,000 - $128,445

2 Beds
1 Bath
720 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $38,000 $53 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $782/month

13 Days on Market

Highlights

  • Formal Dining Room
  • Bungalow
  • Forced Air Heating System
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of November 2017

Lots of potential in this 2 bedroom, 1 bath home! Featuring hardwood floors, full, unfinished basement, large yard, and a detached garage. Freddie Mac First Look Initiative will expire on 10/17/17 - only owner occupants can submit offers for the first 20 days the home is on the market - investors may submit offers on day 21. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in as is condition. To submit an offer, please dotloop the listing agent the board contract, proof of funds/approval letter, and a copy of the earnest money check. Once the offer has been accepted, the seller will send addendum's that supersede the board contract and the earnest money must be made payable to the listing broker and be a certified check. On cash offers - please make the closing date 30 days out from the offer, financed offers - please make the closing date 45 days out from the offer.

Last Agent to Sell the Property

Roxanne Portell

Coldwell Banker Brown Realtors License #475126113 Listed on: 09/27/2017

Coldwell Banker Brown Realtors

Last Buyer's Agent

Sandi Lewis

RE/MAX Alliance License #475126688

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,968

Year Built

  • 1943

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x110

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Tilt-In Windows
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,968

Year Built

1943

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Cross Street: Beltline
  • Special Description: Owner Occupied
  • Ownership: Bank
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1943

Interior Features

  • Basement: Full, Unfinished
  • Bedroom Types: Divided Bdr Flr Plan
  • Dining Room: Separate Dining
  • Interior Amenities: Some Wood Floors
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 720.00
  • Windows/Doors: Some Tilt-In Windows
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 6
  • Square Footage: 720
  • Total Full Baths: 1

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking: Detached

Utilities

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

Lot Info

  • Lot Dimensions: 70x110
  • Lot Sq Ft: 7405
  • Acres: 0.1700

Tax Info

  • Taxes Paid: 1595
  • Taxes Paid Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Nov 8, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sweet Jordan
Seller's Agent
Roxanne Portell
Coldwell Banker Brown Realtors
Buyer's Agent
Sandi Lewis
RE/MAX Alliance
List Price
$39,900
Sold Price
$38,000
Premium/Discount to List
-$1,900
-4.76%
Current Estimated Value
$117,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,361
Avg. Annual Appreciation
15.30%
Original Mortgage
$32,300
Interest Rate
3.94%
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
Sweet Jordan $38,000 Metro Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sweet Jordan $32,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $38,000 -4.8% $53 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $39,900 -- $55 / 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 $1,968 $36,790 $9,490 $27,300
2023 $1,968 $34,050 $8,780 $25,270
2022 $1,846 $31,490 $8,120 $23,370
2021 $1,719 $30,880 $8,000 $22,880
2020 $1,638 $29,460 $7,630 $21,830
2019 $1,579 $28,450 $7,370 $21,080
2018 $1,531 $26,960 $6,990 $19,970
2017 $1,524 $26,420 $6,850 $19,570
2016 $1,596 $26,420 $6,850 $19,570
2015 $1,632 $27,800 $8,370 $19,430
2014 $1,632 $27,800 $8,370 $19,430
2013 $1,632 $27,800 $8,370 $19,430
Source: Public Records

Agents Affiliated with this Home

  • Roxanne Portell

    Seller's Agent in 2017

    Roxanne Portell

    Coldwell Banker Brown Realtors

    (618) 531-6147

    7 in this area

    70 Total Sales

    Roxanne Portell
    Section Image
  • Sandi Lewis

    Buyer's Agent in 2017

    Sandi Lewis

    RE/MAX

    (618) 304-4800

    150 in this area

    398 Total Sales

    Sandi Lewis
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS17077809

MARIS MLS

APN: 13-2-21-22-18-304-006

Illinois Madison County Collinsville 62234

1538 Franklin Ave, Collinsville, IL

Not Listed for Sale

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