A
Seller's Agent in 2024
Alex Harding
Real Broker LLC
29 in this area
60 Total Sales
2201 Grand Ave Granite City, IL 62040
Estimated Value: $130,000 - $156,000
--
Bed
4
Baths
3,540
Sq Ft
$39/Sq Ft
Est. Value
Highlights
- Balcony
- Laundry Facilities
- Partially Fenced Property
- Forced Air Heating and Cooling System
- High Speed Internet
About This Home
As of February 2024Great 4 Unit Investment Opportunity in the Heart of Granite City! This full brick building has a newer roof and rear wood deck, stairs, and one unit with a ramp. 2 new furnaces, new appliances, windows and some flooring in 1 unit. Rents are currently low for the market at $525/month. 2 units are currently rented with 2 units vacant. Vacant units need minor work to be rent ready and one has recently passed city occupancy. There is a large basement that can be utilized for storage. Each unit has laundry hook up or shared laundry is currently available in the basement. The vacant unit on the lower left has direct access to the basement. Building to be sold "as is" seller to make no repairs and will not be responsible for any city required repairs. Any inspections will be for buyer's information only. Operating Income and Expenses based on 0 vacancy at current rents and estimated expenses.
Last Agent to Sell the Property
Real Broker LLC License #475182101 Listed on: 12/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,029
Year Built
- Built in 1900
Lot Details
- 6,251 Sq Ft Lot
- Lot Dimensions are 50x125
- Partially Fenced Property
Parking
- On-Street Parking
Home Design
- Quadruplex
Outdoor Features
- Balcony
Schools
- Granite City Dist 9 Elementary And Middle School
- Granite City High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Additional Features
- Basement
Community Details
- Laundry Facilities
Listing and Financial Details
- Tenant pays for cable tv/satellite, electric, gas
- Assessor Parcel Number 22-2-20-18-18-302-052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2023
Closed on
Feb 5, 2024
Sold by
Hammond Steven
Bought by
Holton Maria
Seller's Agent
Alex Harding
Real Broker LLC
Buyer's Agent
Keonja Holmon
eXp Realty
List Price
$131,000
Sold Price
$130,000
Premium/Discount to List
-$1,000
-0.76%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,040
Avg. Annual Appreciation
2.43%
Original Mortgage
$127,645
Outstanding Balance
$125,827
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$9,100
Purchase Details
Listed on
Jul 28, 2022
Closed on
Sep 13, 2022
Sold by
Knogl Stephen Richard and Knogl Linda Sue
Bought by
Hammond Steven
Seller's Agent
Iean Finley
eXp Realty
Buyer's Agent
Alex Harding
Real Broker LLC
List Price
$139,000
Sold Price
$128,000
Premium/Discount to List
-$11,000
-7.91%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$96,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holton Maria | $130,000 | Metro Title & Escrow Co | |
| Hammond Steven | $128,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holton Maria | $127,645 | |
| Previous Owner | Hammond Steven | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2024 02/05/24 | Sold | $130,000 | +2.4% | $37 / Sq Ft |
| 12/21/2023 12/21/23 | Price Changed | $127,000 | -3.1% | $36 / Sq Ft |
| 12/09/2023 12/09/23 | For Sale | $131,000 | +2.3% | $37 / Sq Ft |
| 09/13/2022 09/13/22 | Sold | $128,000 | -7.9% | $36 / Sq Ft |
| 07/28/2022 07/28/22 | For Sale | $139,000 | -- | $39 / Sq Ft |
Source: MARIS MLS
Tax History Compared to Growth
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 | $2,029 | $23,280 | $2,390 | $20,890 |
| 2023 | $2,029 | $20,980 | $2,150 | $18,830 |
| 2022 | $1,998 | $19,220 | $1,970 | $17,250 |
| 2021 | $1,865 | $18,030 | $1,850 | $16,180 |
| 2020 | $1,822 | $17,220 | $1,770 | $15,450 |
| 2019 | $1,769 | $16,320 | $1,680 | $14,640 |
| 2018 | $1,726 | $15,840 | $1,630 | $14,210 |
| 2017 | $1,693 | $16,430 | $1,690 | $14,740 |
| 2016 | $1,727 | $16,430 | $1,690 | $14,740 |
| 2015 | $1,557 | $16,430 | $1,690 | $14,740 |
| 2014 | $1,557 | $16,430 | $1,690 | $14,740 |
| 2013 | $1,557 | $16,430 | $1,690 | $14,740 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Harding
-
Keonja Holmon
K
Buyer's Agent in 2024
Keonja Holmon
eXp Realty
(618) 593-3673
1 in this area
20 Total Sales
-
Iean Finley
Seller's Agent in 2022
Iean Finley
eXp Realty
(618) 401-8682
21 in this area
165 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS23073095
APN: 22-2-20-18-18-302-052
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