NOT LISTED FOR SALE

2560 Iowa St Granite City, IL 62040

Estimated Value: $45,668 - $78,000

1 Bed
1 Bath
612 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $34,500 $56 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $389/month

1 Day on Market

Highlights

  • Ranch Style House
  • Brick or Stone Mason
  • Shed
  • Eat-In Kitchen
  • Storage
  • Forced Air Heating System

About This Home

As of February 2023

This is a charming brick home with a large front yard on a quiet street. Enter to the spacious living room with beautiful brick wood burning fireplace. Eat-in kitchen with breakfast bar, new cabinetry and lots of natural light. There is one bedroom and full bathroom with new vanity. Hard surface flooring throughout. Shed with electric is excellent for storage or workshop. Additional covered storage in the side yard. Bedroom furniture can stay with the home if the buyer would like. This has been an income-generating investment property for years.

Last Agent to Sell the Property

Anna Schuetzenhofer

Coldwell Banker Brown Realtors License #475.176285 Listed on: 02/01/2023

Coldwell Banker Brown Realtors

Last Buyer's Agent

Monica Buss Lemp

Keller Williams Marquee License #475.184942

Keller Williams Marquee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $827

Year Built

  • Built in 1927

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick or Stone Mason

Interior Spaces

  • 612 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Storage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22-2-20-18-16-403-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$827

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: August Street
  • Special Description: No Exemptions
  • Age: 96
  • Ownership: Private
  • Year Built: 1927
  • Directions: I-270 W toward St Charles. Take exit 4 toward Granite City. Turn left onto Nameoki Rd (IL-203). Keep right toward Madison Ave. Continue on Madison Ave. Turn left onto 25th St. Turn left onto Iowa St.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Space/Crawl or Other
  • Fireplace Location: Living Room
  • Fireplace Type: Woodburning Fireplce
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 1
  • Total Living Area: 612.00
  • Appliances: Microwave, Range/Oven-Electric, Refrigerator
  • Bathrooms: 1.00
  • Bedrooms: 1.00
  • Room Cnt: 4
  • Square Footage: 612
  • Total Full Baths: 1
  • Number Fireplaces: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Gas
  • 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: 40 x 120
  • Lot Sq Ft: 5001
  • Acres: 0.1148

Building Info

  • Buildings: Shed(s), Storage

Tax Info

  • Taxes Paid: 1240
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 22-2-20-18-16-403-019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 28, 2023
Sold by
Koesterer John R and Koesterer Beth A
Bought by
Hartman Chase
Seller's Agent
Anna Schuetzenhofer
Coldwell Banker Brown Realtors
Buyer's Agent
Monica Buss Lemp
Keller Williams Marquee
List Price
$32,900
Sold Price
$34,500
Premium/Discount to List
$1,600
4.86%
Views
38
Current Estimated Value
$60,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,417
Avg. Annual Appreciation
23.83%
Original Mortgage
$33,465
Outstanding Balance
$32,482
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$28,435
Source: Public Records

Range of Values:

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Average Value
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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
Hartman Chase $34,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Chase $33,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $34,500 +4.9% $56 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $32,900 -- $54 / 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 $827 $15,490 $3,050 $12,440
2023 $827 $13,960 $2,750 $11,210
2022 $1,329 $12,790 $2,520 $10,270
2021 $1,240 $11,990 $2,360 $9,630
2020 $1,211 $11,450 $2,250 $9,200
2019 $1,176 $10,850 $2,130 $8,720
2018 $1,157 $10,540 $2,070 $8,470
2017 $1,127 $10,930 $2,150 $8,780
2016 $1,149 $10,930 $2,150 $8,780
2015 $1,036 $10,930 $2,150 $8,780
2014 $1,036 $10,930 $2,150 $8,780
2013 $1,036 $10,930 $2,150 $8,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23005130

MARIS MLS

APN: 22-2-20-18-16-403-019