NOT LISTED FOR SALE

16 Mercer Dr Granite City, IL 62040

Estimated Value: $148,851 - $198,000

-- Bed
2 Baths
1,672 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $134,000 $80 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,167/month

74 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating System
  • Partially Fenced Property
  • Patio
  • Laundry Facilities

About This Home

As of June 2020

GREAT INCOME PRODUCER! RECENTLY RENOVATED DUPLEX AT THE END OF THE CUL-DE-SAC. EXTREMELY NICE BRICK HAS 2 TWO BEDROOM UNITS WITH 2 CAR ATTACHED GARAGES. BOTH HAVE FRIG, STOVE, MICROWAVE AND DISHWASHER. LAUNDRY AREA IN EACH UNIT. 18 HAS LONG TERM TENANT WITH YEARLY LEASE. 16 IS ON MONTH-TO-MONTH LEASE. EACH UNIT HAS USE OF 1 CAR GARAGE. TENANTS PAY THEIR OWN UTILITIES AND THEIR OWN WATER & TRASH. TENANTS RESPONSIBLE FOR LAWN MAINTENANCE. SELLER PAYS $39 MONTHLY FOR SEWER AND $80 MONTHLY FOR HOMEOWNERS INSURANCE. PARTIALLY FENCED YARD. CONVENIENT LOCATION.

Last Agent to Sell the Property

Judy Browning

Nester Realty License #475138941 Listed on: 04/09/2020

Last Buyer's Agent

Mary Harper

RE/MAX Alliance License #475125167

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 123.2
  • Partially Fenced Property

Home Design

  • 1,672 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Granite City Dist 9 Elementary And Middle School
  • Granite City High School

Utilities

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, trash removal, water
  • Assessor Parcel Number 22-1-20-08-16-401-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,673

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: CLARK
  • Municipality Township: Granite City
  • Special Description: No Exemptions
  • Age: 54
  • Ownership: Private
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facility in, Partial Fencing, Patio
  • Square Footage: 1672

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1-2 Car Attached Grg, Off Street

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 70 X 123.2
  • Lot Sq Ft: 8712
  • Acres: 0.2000

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Trash Removal, Water

Multi Family

  • Gross Operating Income: 15600.00
  • Units: 2
  • Total Expenses: 1428.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2719
  • Assessor Parcel Number: 22-1-20-08-16-401-024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jun 26, 2020
Sold by
Greene Lauren
Bought by
Crawford Zachary A
Seller's Agent
Judy Browning
Nester Realty
Buyer's Agent
Mary Harper
RE/MAX Alliance
List Price
$144,900
Sold Price
$134,000
Premium/Discount to List
-$10,900
-7.52%
Current Estimated Value
$179,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,463
Avg. Annual Appreciation
5.62%
Original Mortgage
$107,200
Outstanding Balance
$96,173
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$83,290

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 16, 2018
Sold by
Mouldon Christopher E
Bought by
Greene Lauren
Seller's Agent
Amy Sujanani
RE/MAX Alliance
Buyer's Agent
Judy Browning
Nester Realty
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.54%

Purchase Details

Closed on
Apr 26, 2016
Sold by
Mattern Thomas H
Bought by
The Secretary Of Veterans Affairs
Source: Public Records

Range of Values:

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Average Value
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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
Crawford Zachary A $134,000 Metro Title & Escrow Co
Greene Lauren $80,000 Metro Title
The Secretary Of Veterans Affairs -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Zachary A $107,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $134,000 -7.5% $80 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $144,900 +81.1% $87 / Sq Ft
01/16/2018 01/16/18 Sold $80,000 -5.8% $48 / Sq Ft View Prior Sale
01/03/2018 01/03/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $84,900 0.0% $51 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $84,900 +159.2% $51 / Sq Ft
01/17/2017 01/17/17 Sold $32,750 0.0% $20 / Sq Ft View Prior Sale
10/03/2016 10/03/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $32,750 0.0% $20 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $32,750 -- $20 / 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 $2,673 $36,670 $6,240 $30,430
2023 $2,673 $33,050 $5,620 $27,430
2022 $2,576 $30,280 $5,150 $25,130
2021 $2,317 $28,400 $4,830 $23,570
2020 $2,869 $27,120 $4,610 $22,510
2019 $2,786 $25,710 $4,370 $21,340
2018 $2,719 $24,960 $4,240 $20,720
2017 $1,130 $10,960 $4,400 $6,560
2016 $4,133 $39,330 $4,400 $34,930
2015 $3,158 $39,330 $4,400 $34,930
2014 $3,158 $39,330 $4,400 $34,930
2013 $3,158 $39,330 $4,400 $34,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20022563

MARIS MLS

APN: 22-1-20-08-16-401-024