NOT LISTED FOR SALE

2556 Edison Ave Granite City, IL 62040

Granite City Area

Estimated Value: $100,000 - $122,708

Studio
2 Baths
2,128 Sq Ft
$52/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2022

Last sale price $81,000 $38 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $825 / mo

107 Days on Market

Highlights

  • Detached Garage
  • Brick Veneer
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

This amazing all brick duplex is the perfect opportunity for an investor looking to add to their portfolio or anyone looking to move into one unit and rent the other while still having over 1,000 Sq. Ft per unit! This duplex is in a good neighborhood with parks and dining close by. One unit is upstairs, and one unit is downstairs with both units sharing the basement, that has individual storage rooms and laundry, along with a 20'X20' 2 car detached garage in the back. Both units are 2 bedrooms, 1 full bathroom, large living room, and kitchen with appliances. $7,000 worth of plumbing updates including 2 new water heaters is being completed. Bank Owned and being sold AS IS! bank will not be making any repairs and property will not be passing occupancy.

Last Agent to Sell the Property

Tammy Hines

Tammy Mitchell Hines & Co. License #471000040 Listed on: 03/11/2022

Tammy Mitchell Hines & Co.

Last Buyer's Agent

Alex Harding

Real Broker LLC License #475182101

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,273 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • Detached Garage

Home Design

  • 2,128 Sq Ft Home
  • Duplex
  • Brick Veneer

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

Additional Features

  • Basement

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for no fees
  • Assessor Parcel Number 22-2-20-18-11-205-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Granite City
  • Special Description: Owner Occupied
  • Age: 102
  • Ownership: Bank
  • Year Built: 1920
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 2128

Exterior Features

  • Construction: Brick Veneer Decrtv

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • 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 Sq Ft: 6273
  • Acres: 0.1440

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: No Fees

Multi Family

  • Units: 2
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2501
  • Assessor Parcel Number: 22-2-20-18-11-205-013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jun 27, 2022
Sold by
Bought by
Seller's Agent
Tammy Hines
Tammy Mitchell Hines & Co.
Buyer's Agent
Alex Harding
Real Broker LLC
List Price
$99,000
Sold Price
$81,000
Premium/Discount to List
-$18,000
-18.18%
Current Estimated Value
$110,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,677
Avg. Annual Appreciation
7.89%
Original Mortgage
$66,300
Interest Rate
0.0538%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
0.0621%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
0.0638%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
0.0571%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$81,000 Abstracts & Titles
-- S I R E T C Title Center
-- Pontoon Title Co
$115,000 Pontoon Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $66,300
Previous Owner $123,200
Previous Owner $109,800
Previous Owner $103,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $81,000 -18.2% $38 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $99,000 -- $47 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,600 $36,050 $4,100 $31,950
2024 $2,323 $32,650 $3,710 $28,940
2023 $2,323 $29,420 $3,340 $26,080
2022 $2,230 $34,260 $3,060 $31,200
2021 $2,703 $32,130 $2,870 $29,260
2020 $2,611 $30,680 $2,740 $27,940
2019 $2,501 $29,080 $2,600 $26,480
2018 $2,422 $28,230 $2,520 $25,710
2017 $2,376 $29,270 $2,610 $26,660
2016 $2,446 $29,270 $2,610 $26,660
2015 $2,205 $29,270 $2,610 $26,660
2014 $2,205 $29,270 $2,610 $26,660
2013 $2,205 $29,270 $2,610 $26,660
Source: Public Records

Agents Affiliated with this Home

  • Tammy Hines

    Seller's Agent in 2022

    Tammy Hines

    Tammy Mitchell Hines & Co.

    (618) 698-9199

    745 Total Sales

    Tammy Hines
    Section Image

  • A

    Buyer's Agent in 2022

    Alex Harding

    Real Broker LLC

    54 Total Sales

    Alex Harding
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS22014022

MARIS MLS

APN: 22-2-20-18-11-205-013

Illinois Madison County Granite City 62040

2556 Edison Ave, Granite City, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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