NOT LISTED FOR SALE

2551 Madison Ave Granite City, IL 62040

Estimated Value: $69,000 - $94,000

2 Beds
1 Bath
1,080 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $30,000 $28 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $555/month

4 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of April 2022

Great starter or investment property for a great price! Nice sized rooms. Full unfinished basement. Smaller house in back could possibly be updated and provide extra income possibilities. This well located home has potential and just needs some work! Sold AS-IS. Short sale.

Last Agent to Sell the Property

Alisha Ryan

Tarrant and Harman Real Estate and Auction Co License #475180005 Listed on: 03/11/2022

Tarrant and Harman Real Estate and Auction Co

Co-Listed By

Toni Crockett

Market Pro Realty, Inc License #475157839

Last Buyer's Agent

Jose Ramirez

Hartmann Realtors, Inc License #475143463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Home Design

  • Aluminum Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Off Alley Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 22-2-20-18-16-401-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Municipality Township: Granite City
  • Special Description: No Exemptions
  • Age: 107
  • Ownership: Private
  • Year Built: 1915
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Full, Unfinished
  • Dining Room: Separate Dining
  • Fireplace Location: Living Room
  • Fireplace Type: Woodburning Fireplce
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Misc Features: Porch-Covered
  • Appliances: Range/Oven-Gas
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 6
  • Square Footage: 1080
  • Total Full Baths: 1
  • Number Fireplaces: 1

Exterior Features

  • Construction: Aluminum Siding

Garage/Parking

  • Carport Spaces: 1
  • Parking: Alley Access

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: 40 x 120
  • Lot Sq Ft: 4792
  • Acres: 0.1100

Tax Info

  • Taxes Paid: 1798
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 22-2-20-18-16-401-020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2012
Sold by
Edmonds James and Edmonds Joanne
Bought by
Cornerstone Bank & Trust Na
Current Estimated Value
$81,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
5%
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
Cornerstone Bank & Trust Na -- Sernity Title & Escrow Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cornerstone Bank & Trust Na $53,550
Previous Owner Edmonds James R $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $30,000 +0.3% $28 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $29,900 -- $28 / 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 $1,480 $22,980 $2,960 $20,020
2023 $1,480 $20,710 $2,670 $18,040
2022 $1,401 $18,980 $2,450 $16,530
2021 $1,841 $17,800 $2,300 $15,500
2020 $1,798 $17,000 $2,200 $14,800
2019 $1,747 $16,120 $2,090 $14,030
2018 $1,705 $15,650 $2,030 $13,620
2017 $1,673 $16,230 $2,110 $14,120
2016 $1,706 $16,230 $2,110 $14,120
2015 $1,538 $16,230 $2,110 $14,120
2014 $1,538 $16,230 $2,110 $14,120
2013 $1,538 $16,230 $2,110 $14,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22013541

MARIS MLS

APN: 22-2-20-18-16-401-020