NOT LISTED FOR SALE

2978 Madison Ave Granite City, IL 62040

Estimated Value: $58,000 - $92,000

1 Bed
1 Bath
768 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $19,500 $25 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $419/month

108 Days on Market

Highlights

  • A-Frame Home
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of June 2020

Looking for a smaller home? An investment property? Look no further. This is a 1 bed/1 bath home with a basement and detached garage located on a corner lot, near grocery, schools, restaurants and the bus stop. With a little TLC this would make a great home. The home has nice kitchen cabinets and a bonus room off the kitchen for storage or a pantry. The bathroom has been updated recently with a Bath Fitters tub remodel. Don't miss this one! Priced just right! Property is being sold "as is". The seller is making no repairs or giving any credits for repairs.

Last Agent to Sell the Property

Monica Buss Lemp

Keller Williams Marquee License #475.184942 Listed on: 02/21/2020

Keller Williams Marquee

Last Buyer's Agent

Brian Smith

Century 21 Bailey & Company License #475.183748

Century 21 Bailey & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $353

Year Built

  • Built in 1920

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Off Alley Parking

Home Design

  • A-Frame Home
  • Traditional Architecture
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

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

Listing and Financial Details

  • Assessor Parcel Number 22-2-20-17-06-102-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$353

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: A-Frame
  • Cross Street: 29th Street
  • Municipality Township: Granite City
  • Special Description: No Exemptions
  • Age: 100
  • Ownership: Private
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete Block, Full, Unfinished
  • Interior Amenities: Some Carpeting
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 1
  • Master Bed.: Full Bath
  • Misc Features: Porch-Covered
  • Total Living Area: 768.00
  • Appliances: Range/Oven-Gas, Refrigerator
  • Bathrooms: 1.00
  • Bedrooms: 1.00
  • Room Cnt: 4
  • Square Footage: 768
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking: Alley Access, Detached, Off Street

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 Description: Corner Lot, Level Lot, Sidewalks, Streetlights
  • Lot Dimensions: 40x120
  • Lot Sq Ft: 4792
  • Acres: 0.1100

Building Info

  • Buildings: Garage(s)

Tax Info

  • Taxes Paid: 945
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 22-2-20-17-06-102-018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jun 9, 2020
Sold by
Scaturro Nicholas D and Scaturro Martha E
Bought by
Joy Marilyn
Seller's Agent
Monica Buss Lemp
Keller Williams Marquee
Buyer's Agent
Brian Smith
Century 21 Bailey & Company
List Price
$25,000
Sold Price
$19,500
Premium/Discount to List
-$5,500
-22%
Current Estimated Value
$74,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,614
Avg. Annual Appreciation
27.88%
Original Mortgage
$15,700
Outstanding Balance
$13,864
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$60,250

Purchase Details

Closed on
Oct 3, 2017
Sold by
Scaturro Nicholas D
Bought by
Scaturro Nicholas D and Scaturro Martha E

Purchase Details

Closed on
Sep 19, 2013
Sold by
Scaturro Frank D
Bought by
Scaturro Nicholas D
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
Joy Marilyn $19,500 Metro Title & Escrow Co
Scaturro Nicholas D -- --
Scaturro Nicholas D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joy Marilyn $15,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2020 06/09/20 Sold $19,500 -17.0% $25 / Sq Ft
04/29/2020 04/29/20 Price Changed $23,500 -6.0% $31 / Sq Ft
02/21/2020 02/21/20 For Sale $25,000 -- $33 / 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 $353 $11,790 $2,960 $8,830
2023 $353 $10,630 $2,670 $7,960
2022 $353 $9,740 $2,450 $7,290
2021 $353 $9,140 $2,300 $6,840
2020 $923 $8,730 $2,200 $6,530
2019 $897 $8,280 $2,090 $6,190
2018 $876 $8,040 $2,030 $6,010
2017 $859 $8,340 $2,110 $6,230
2016 $876 $8,340 $2,110 $6,230
2015 $790 $8,340 $2,110 $6,230
2014 $790 $8,340 $2,110 $6,230
2013 $790 $8,340 $2,110 $6,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20011054

MARIS MLS

APN: 22-2-20-17-06-102-018