NOT LISTED FOR SALE

2652 Grand Ave Granite City, IL 62040

Estimated Value: $97,000 - $151,000

-- Bed
2 Baths
1,652 Sq Ft
$74/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $80,000 $48 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $894/month

10 Days on Market

About This Home

As of May 2022

GREAT INVESTMENT PROPERTY OPPORTUNITY! Looking to expand your portfolio?? This is the perfect property for you. Two duplexes for the price of $80,000!- 2648 and 2652 Grand Ave. 3 units already occupied and 1 vacant. 48 hour notice required. Pre-approval letter/Proof of funds required for showings. A/C window units owned by tenants. Competitively priced and to be sold as is!

Last Agent to Sell the Property

Jasmine Spraggins

Keller Williams Marquee License #475181599 Listed on: 04/01/2022

Keller Williams Marquee

Last Buyer's Agent

LaMyeia R Bradshaw

Nester Realty License #475153601

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,995

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120

Parking

  • Off-Street Parking

Home Design

  • Duplex

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

  • Tenant pays for electric
  • Assessor Parcel Number 22-2-20-18-12-204-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,995

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 107
  • Year Built: 1915
  • 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: Electric, 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: 40x120
  • Lot Sq Ft: 4792
  • Acres: 0.1100

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases
  • Tenant Pays: Electric

Multi Family

  • Gross Operating Income: 21600.00
  • Units: 3
  • Total Expenses: 3600.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2062
  • Assessor Parcel Number: 22-2-20-18-12-204-017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Harrold Frederick and Harrold Stephanie M
Bought by
Para Mi Madre Llc
Current Estimated Value
$122,344

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 13, 2022
Sold by
Harrold Frederick
Bought by
Harrold Frederick and Harrold Stephanie M
Seller's Agent
Jasmine Spraggins
Keller Williams Marquee
Buyer's Agent
LaMyeia R Bradshaw
Nester Realty
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Listed on
May 22, 2021
Closed on
Jul 2, 2021
Sold by
Hunt Gerald L and Hunt Katherine M
Bought by
Infinity Capital Llc
Seller's Agent
Kim Fazio
RE/MAX Alliance
Buyer's Agent
Reggie Resper
Brick Street Group
List Price
$120,000
Sold Price
$108,000
Premium/Discount to List
-$12,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.75%
Original Mortgage
$119,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2003
Sold by
U S Bank
Bought by
Hunt Gerald Lance and Hunt Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2002
Sold by
Moore Michael P
Bought by
Firstar Home 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
Para Mi Madre Llc -- Town & Country Title
Harrold Frederick -- Town & Country Title
Harrold Frederick $80,000 Town & Country Title
Infinity Capital Llc $108,000 Abstracts & Titles
Hunt Gerald Lance $32,000 Fatic
Firstar Home Mortgage -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Infinity Capital Llc $119,000
Previous Owner Hunt Gerald Lance $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $80,000 0.0% $48 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $80,000 -25.9% $48 / Sq Ft
07/08/2021 07/08/21 Sold $108,000 -10.0% $65 / Sq Ft View Prior Sale
05/28/2021 05/28/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $120,000 -- $73 / 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 $2,995 $34,360 $4,400 $29,960
2023 $2,995 $30,970 $3,970 $27,000
2022 $2,949 $28,380 $3,640 $24,740
2021 $2,132 $26,610 $3,410 $23,200
2020 $2,054 $25,420 $3,260 $22,160
2019 $1,960 $24,090 $3,090 $21,000
2018 $1,895 $23,390 $3,000 $20,390
2017 $1,859 $24,260 $3,110 $21,150
2016 $1,919 $24,260 $3,110 $21,150
2015 $1,730 $24,260 $3,110 $21,150
2014 $1,730 $24,260 $3,110 $21,150
2013 $1,730 $24,260 $3,110 $21,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22019418

MARIS MLS

APN: 22-2-20-18-12-204-017