NOT LISTED FOR SALE

2551 Edison Ave Granite City, IL 62040

Estimated Value: $123,000 - $155,000

-- Bed
2 Baths
2,688 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $130,000 $48 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,077/month

1 Day on Market

About This Home

As of November 2022

More photos and information to come. This attractive, all brick, 1920's duplex is spacious with over 1300 square feet in each unit (main floor and upstairs 2nd unit). With a generous front porch for relaxing, plenty of windows and natural light, and a short walk to Wilson Park, this property was used as a single-family residence that included roomy guest quarters upstairs. An investor will see two appealing rental units. The property is being sold "as is" with the seller making no repairs or meeting city occupancy requirements. City inspection reports that detail repair items are available. Buyer to verify all MLS data including but not limited to square feet, measurements, features, exemptions/taxes, schools, etc.

Last Agent to Sell the Property

James Blasingame

Keller Williams Marquee License #475.175244 Listed on: 10/14/2022

Keller Williams Marquee

Last Buyer's Agent

Viktoriia Kovel

Keller Williams Pinnacle License #475.191078

Keller Williams Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,719

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • Detached Garage

Home Design

  • 2,688 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

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

Listing and Financial Details

  • Assessor Parcel Number 22-2-20-18-11-204-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,719

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: 25th St.
  • Municipality Township: Granite City
  • Special Description: Owner Occupied
  • Age: 102
  • Ownership: Private
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 2688

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 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: 50x125
  • Lot Number: 28
  • Lot Sq Ft: 6098
  • Acres: 0.1400

Rental Info

  • Tenancy Type: None

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 3277
  • Assessor Parcel Number: 22-2-20-18-11-204-035

Multi Family

  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 15, 2022
Sold by
Mcbee Marilyn J and Mcbee Christopher A
Bought by
Castro Maximino and Flores Hortencia
Seller's Agent
James Blasingame
Keller Williams Marquee
Buyer's Agent
Viktoriia Kovel
Keller Williams Pinnacle
List Price
$119,900
Sold Price
$130,000
Premium/Discount to List
$10,100
8.42%
Views
38
Current Estimated Value
$141,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,144
Avg. Annual Appreciation
2.08%
Original Mortgage
$110,500
Outstanding Balance
$107,399
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$30,301
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
Castro Maximino $130,000 Metro Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Maximino $110,500
Closed Castro Maximino $110,500
Previous Owner Mcbee William C $62,000
Previous Owner Mcbee William C $58,424
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $130,000 +8.4% $48 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $119,900 -- $45 / 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 $3,719 $48,670 $3,710 $44,960
2023 $3,719 $43,860 $3,340 $40,520
2022 $3,605 $40,190 $3,060 $37,130
2021 $3,278 $37,690 $2,870 $34,820
2020 $3,172 $35,990 $2,740 $33,250
2019 $3,047 $34,120 $2,600 $31,520
2018 $2,955 $33,120 $2,520 $30,600
2017 $2,898 $34,340 $2,610 $31,730
2016 $2,978 $34,340 $2,610 $31,730
2015 $2,686 $34,340 $2,610 $31,730
2014 $2,686 $34,340 $2,610 $31,730
2013 $2,686 $34,340 $2,610 $31,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22065962

MARIS MLS

APN: 22-2-20-18-11-204-035