NOT LISTED FOR SALE

2510 Edison Ave Granite City, IL 62040

Estimated Value: $57,000 - $140,576

-- Bed
3 Baths
2,352 Sq Ft
$40/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $49,900 $21 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $601/month

17 Days on Market

About This Home

As of February 2024

Looking for an opportunity to expand your portfolio or live in one unit while renting out additional unit for income? Do not delay as this is the perfect opportunity for you! Potential for 3 units. Call your agent today for a private showing! Before making an offer Buyer and/or buyer agent should verify all MLS data.

Last Agent to Sell the Property

Lynda Burns

Keller Williams Marquee License #471.012922 Listed on: 01/04/2024

Keller Williams Marquee

Last Buyer's Agent

Justin Warren

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 1920

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 125x50

Parking

  • Off-Street Parking

Home Design

  • Duplex

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 22-2-20-18-11-205-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,730

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 104
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, Central-Electric
  • 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: 125x50
  • Lot Sq Ft: 6251
  • Acres: 0.1435

Rental Info

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

Tax Info

  • Taxes Paid: 3535
  • Assessor Parcel Number: 22-2-20-18-11-205-001

Multi Family

  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 7, 2024
Sold by
Regions Bank
Bought by
Hopper Justin
Seller's Agent
Lynda Burns
Keller Williams Marquee
Buyer's Agent
Justin Warren
Real Broker LLC
List Price
$49,900
Sold Price
$49,900
Views
39
Current Estimated Value
$93,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,244
Avg. Annual Appreciation
51.18%

Purchase Details

Closed on
Apr 5, 2023
Sold by
Judicial Sales Corp
Bought by
Regions Bank

Purchase Details

Closed on
Feb 2, 2007
Sold by
Heubschman Jerry and Winfield Gretchen M
Bought by
Heubschman Jerry

Purchase Details

Closed on
May 5, 2006
Sold by
Heubschman Jerry
Bought by
Heubschman Jerry and Winfield Gretchen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 31, 2006
Sold by
Bridger Hardigrew C and Tilley Juanita J
Bought by
Heubschman Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 26, 2003
Sold by
Neal Daniel A and Neal Karen F
Bought by
Bridger Hardigrew C and Tilley Juanita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.4%
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
Hopper Justin $50,000 None Available
Regions Bank -- None Available
Heubschman Jerry -- None Available
Heubschman Jerry -- None Available
Heubschman Jerry $71,000 Metro Title & Escrow Company
Bridger Hardigrew C $55,000 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopper Justin $155,000
Previous Owner Heubschman Jerry D $67,068
Previous Owner Heubschman Jerry $8,500
Previous Owner Heubschman Jerry D $64,000
Previous Owner Heubschman Jerry $42,000
Previous Owner Heubschman Jerry $10,000
Previous Owner Heubschman Jerry $53,866
Previous Owner Bridger Hardigrew C $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $49,900 0.0% $21 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $49,900 -- $21 / 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 $3,730 $42,800 $3,710 $39,090
2023 $3,730 $38,570 $3,340 $35,230
2022 $3,673 $35,340 $3,060 $32,280
2021 $3,428 $33,140 $2,870 $30,270
2020 $3,348 $31,650 $2,740 $28,910
2019 $3,251 $30,000 $2,600 $27,400
2018 $3,173 $29,120 $2,520 $26,600
2017 $3,112 $30,190 $2,610 $27,580
2016 $3,173 $30,190 $2,610 $27,580
2015 $3,046 $32,140 $2,610 $29,530
2014 $3,046 $32,140 $2,610 $29,530
2013 $3,046 $32,140 $2,610 $29,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24000563

MARIS MLS

APN: 22-2-20-18-11-205-001