NOT LISTED FOR SALE

2689 Westmoreland Dr Granite City, IL 62040

Estimated Value: $262,233 - $562,000

-- Bed
4 Baths
4,032 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $435,000 $108 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,909/month

56 Days on Market

Highlights

  • 2.16 Acre Lot
  • Brick Veneer
  • 1-minute walk to Worthen Park
  • Attached Garage
  • Forced Air Heating System

About This Home

As of March 2024

Dreaming of building a custom home/homes? This 2.7 +/- acre developer ready lot may fit your needs. Large lot comes planned with city sewer in place for 13 villas. Initial phase of development (4-unit villa) already completed on adjoining lot. Villas currently rent at $900+ per unit. Here is a tremendous opportunity to build while concurrently producing income! Villas are single story with attached garage and no stairs! Villas are ADA compliant ready. Bring your own ideas and plans for the remaining acreage or continue this development! Call today for more information and to see for yourself. Property back on the market seller lost financing.

Last Agent to Sell the Property

Daniel Haight

Century 21 Bailey & Company License #475185044 Listed on: 01/10/2024

Century 21 Bailey & Company

Co-Listed By

Tina Besserman

Century 21 Bailey & Company License #471001445

Last Buyer's Agent

Christina Schmitz

RE/MAX Alliance License #475159440

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,502

Year Built

  • Built in 2008

Lot Details

  • 2.16 Acre Lot
  • Lot Dimensions are 108 x 116

Home Design

  • 4,032 Sq Ft Home
  • Brick Veneer

Parking

  • Attached Garage
  • Driveway

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection
  • Assessor Parcel Number 22-2-20-09-20-401-043.02C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,502

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Parkview Rd.
  • Year Built: 2008
  • Directions: Maryville Rd to Westmoreland Dr.
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 2.16
  • Co List Office Mls Id: MARE464
  • Co List Office Phone: 9312121
  • Co List Office Phone: 9312121
  • Subdivision Name: Westmoreland Ph II Condo
  • Above Grade Finished Sq Ft: 4032
  • Age: 16
  • Total Expenses: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Disclosures: Unknown, Code Compliance Reqd, Occupancy Perm Req
  • Construction Type: Brick Veneer

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached Garage - 1-2 Car
  • Driveway: Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Heat Pump
  • Heating: Forced Air, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: GRANITE CITY DIST 9
  • Junior High Dist: Granite City DIST 9
  • High School: Granite City
  • Middle Or Junior School: GRANITE CITY DIST 9

Lot Info

  • Lot Dimensions: 108 X 116
  • Lot Size Sq Ft: 94090
  • Parcel Number: 22-2-20-09-20-401-043.02C

Rental Info

  • Tenant Pays: Other, Trash Collection
  • Lease Term: Leases

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12502
  • Prop Asses Cty Tx: 1

Multi Family

  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Mar 19, 2024
Sold by
Miller Daniel and Miller Rene Lynn
Bought by
Llmi Llc
Seller's Agent
Daniel Haight
Century 21 Bailey & Company
Buyer's Agent
Christina Schmitz
RE/MAX Alliance
List Price
$438,000
Sold Price
$435,000
Premium/Discount to List
-$3,000
-0.68%
Views
19
Current Estimated Value
$423,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,589
Avg. Annual Appreciation
-1.81%
Original Mortgage
$438,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2024
Closed on
Mar 7, 2024
Sold by
Westmorel & Development Llc
Bought by
Miller Daniel and Miller Rene Lynn
Seller's Agent
Daniel Haight
Century 21 Bailey & Company
Buyer's Agent
Christina Schmitz
RE/MAX Alliance
List Price
$438,000
Sold Price
$435,000
Premium/Discount to List
-$3,000
-0.68%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
Eavenson Development Llc
Bought by
Westmoreland Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Llmi Llc -- None Available
Miller Daniel $435,000 First American Title Insurance
Westmoreland Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Daniel $438,000
Previous Owner Westmoreland Development Llc $360,000
Previous Owner Westmoreland Development Llc $542,807
Previous Owner Westmoreland Development Llc $225,000
Previous Owner Westmoreland Development Llc $375,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Pending -- -- --
03/07/2024 03/07/24 Sold $435,000 -0.7% $108 / Sq Ft
01/10/2024 01/10/24 For Sale $438,000 -- $109 / 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 $7,283 $83,570 $30,920 $52,650
2023 $7,283 $75,320 $27,870 $47,450
2022 $7,172 $69,020 $25,540 $43,480
2021 $6,695 $64,730 $23,950 $40,780
2020 $8,097 $76,540 $22,870 $53,670
2019 $7,863 $72,550 $21,680 $50,870
2018 $7,673 $70,430 $21,050 $49,380
2017 $7,528 $73,040 $21,830 $51,210
2016 $7,676 $73,040 $21,830 $51,210
2015 $2,069 $73,040 $21,830 $51,210
2014 $2,069 $73,040 $21,830 $51,210
2013 $2,069 $73,040 $21,830 $51,210
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS24001588

MARIS MLS

APN: 22-2-20-09-20-401-042