NOT LISTED FOR SALE

2345 State St Granite City, IL 62040

Estimated Value: $52,000 - $147,000

-- Bed
2 Baths
2,436 Sq Ft
$47/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $37,500 $15 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $742/month

5 Days on Market

About This Home

As of September 2023

Looking for an investment or to have your mortgage paid for you? Then look no further than this Granite City duplex. Live in one unit and rent the other, turn into a single family, rent both units...the possibilities are endless. Each unit offers 2 bedrooms, a full bath and a bonus room that could be converted to a third bedroom, office or den. Conveniently located close to shopping, schools and highways, just a short 20 minute commute to downtown St Louis. This one won't last long, call your favorite agent today to find out more information! This is a Fannie Mae Property. Before making an offer Buyer and/or buyer agent should verify all MLS data.

Last Agent to Sell the Property

John Blasingame

Keller Williams Marquee License #471.012922 Listed on: 08/17/2023

Keller Williams Marquee

Last Buyer's Agent

Default Zmember

Zdefault Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1910

Lot Details

  • 8,925 Sq Ft Lot
  • Lot Dimensions are 70 x 125

Parking

  • Off-Street Parking

Home Design

  • 2,436 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 22-2-20-18-14-304-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,931

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 113
  • Year Built: 1910
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 2436

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Heating: Forced Air

Schools

  • School District: Granite City DIST 9
  • Elementary School: GRANITE CITY DIST 9
  • Middle School: GRANITE CITY DIST 9
  • High School: Granite City
  • 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 125
  • Lot Sq Ft: 8925
  • Acres: 0.2049

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: All Utilities

Multi Family

  • Total Expenses: 3726.76
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 3727
  • Assessor Parcel Number: 22-2-20-18-14-304-035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 29, 2023
Sold by
Us Bank Na Trustee
Bought by
Good Buyers Llc
Seller's Agent
John Blasingame
Keller Williams Marquee
Buyer's Agent
Default Zmember
Zdefault Office
List Price
$25,000
Sold Price
$37,500
Premium/Discount to List
$12,500
50%
Views
37
Current Estimated Value
$115,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,700
Avg. Annual Appreciation
79.42%
Original Mortgage
$69,000
Outstanding Balance
$67,733
Interest Rate
7.23%
Mortgage Type
Commercial
Estimated Equity
$47,467

Purchase Details

Closed on
Jun 28, 2023
Sold by
Judicial Sales Corp
Bought by
Us Bank Na Trustee

Purchase Details

Closed on
Feb 21, 2007
Sold by
Schumacher David M
Bought by
Shields Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Good Buyers Llc -- None Available
Us Bank Na Trustee -- None Available
Shields Michael $90,000 Metro Title & Escrow Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Buyers Llc $69,000
Previous Owner Shields Michael $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $37,500 +50.0% $15 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $25,000 -- $10 / 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 $3,931 $45,110 $4,280 $40,830
2023 $3,931 $40,660 $3,860 $36,800
2022 $3,872 $37,260 $3,540 $33,720
2021 $3,614 $34,940 $3,320 $31,620
2020 $3,530 $33,370 $3,170 $30,200
2019 $3,428 $31,630 $3,000 $28,630
2018 $3,345 $30,700 $2,910 $27,790
2017 $3,281 $31,840 $3,020 $28,820
2016 $3,346 $31,840 $3,020 $28,820
2015 $3,017 $31,840 $3,020 $28,820
2014 $3,017 $31,840 $3,020 $28,820
2013 $3,017 $31,840 $3,020 $28,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23049496

MARIS MLS

APN: 22-2-20-18-14-304-035