NOT LISTED FOR SALE

2810 Edwards St Granite City, IL 62040

Estimated Value: $61,000 - $71,496

-- Bed
2 Baths
1,429 Sq Ft
$46/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $46,000 $32 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $469/month

25 Days on Market

About This Home

As of November 2021

Here's your chance to add a CASH FLOWING multifamily property to your investment portfolio. Each unit offers one bedroom and one full bath, a SPACIOUS eat-in kitchen and large open living room. Tenants are currently in place on one year leases. Tenants are responsible for electric and gas. Owner covers lawn, water and sewer as water is not metered separately. Won't last long at this price! Conveniently located to almost everything in Granite City.

Last Agent to Sell the Property

Julie Jones-Kloeckner

Elevate Realty, LLC License #471-019646 Listed on: 10/15/2021

Last Buyer's Agent

Ericka Logan

Keller Williams Marquee License #475.186627

Keller Williams Marquee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 1905

Lot Details

  • 5,184 Sq Ft Lot
  • Lot Dimensions are 39x132.5

Home Design

  • 1,429 Sq Ft Home
  • Duplex

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, trash removal
  • Assessor Parcel Number 22-2-20-17-19-401-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,489

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Nameoki
  • Municipality Township: Granite City
  • Special Description: No Exemptions
  • Age: 116
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1429

Utilities

  • Sewer: Public
  • Water: Public
  • Cooling: Central-Electric

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: 39x132.5
  • Lot Sq Ft: 5184
  • Acres: 0.1190

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Trash Removal

Multi Family

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

Tax Info

  • Taxes Paid: 1355
  • Assessor Parcel Number: 22-2-20-17-19-401-025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 29, 2021
Sold by
Uph Properties Inc
Bought by
Brooks Hunter
Seller's Agent
Julie Jones-Kloeckner
Elevate Realty, LLC
Buyer's Agent
Ericka Logan
Keller Williams Marquee
List Price
$50,000
Sold Price
$46,000
Premium/Discount to List
-$4,000
-8%
Current Estimated Value
$65,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,874
Avg. Annual Appreciation
9.59%
Original Mortgage
$34,500
Outstanding Balance
$31,744
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$34,130

Purchase Details

Closed on
Jul 25, 2006
Sold by
Foster Shella G
Bought by
Illinois Holdings I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
6.73%
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
Brooks Hunter $46,000 Maverick Title
Illinois Holdings I Llc $38,000 Benchmark Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Hunter $34,500
Previous Owner Illinois Holdings I Llc $34,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $46,000 -8.0% $32 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $50,000 -- $35 / 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 $1,489 $17,080 $1,890 $15,190
2023 $1,489 $15,390 $1,700 $13,690
2022 $1,466 $14,100 $1,560 $12,540
2021 $1,367 $13,220 $1,460 $11,760
2020 $1,335 $12,620 $1,390 $11,230
2019 $1,296 $11,960 $1,320 $10,640
2018 $1,265 $11,610 $1,280 $10,330
2017 $1,241 $12,040 $1,330 $10,710
2016 $1,265 $12,040 $1,330 $10,710
2015 $1,141 $12,040 $1,330 $10,710
2014 $1,141 $12,040 $1,330 $10,710
2013 $1,141 $12,040 $1,330 $10,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21066635

MARIS MLS

APN: 22-2-20-17-19-401-025