$150,000
SOLD JAN 22, 2021

315 W Madison St O Fallon, IL 62269

2 Beds
1.5 Baths
1,168 Sq Ft
7,971 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

42 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Solid Surface Countertops
  • Schaefer Elementary School Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of January 2021

What a find! Professionally remodeled 2BR bungalow in the heart of O'Fallon. A wall was removed to provide an open floor plan. Most of the wood laminate flooring & porcelain is heated & so cozy! Look at the ample storage & work space in the kitchen! Quartz countertops & built in seating provides plenty of space. Updates in the past few years include remodeled kitchen & bathroom, updated wiring, new flooring throughout. Newer cabinets & countertops, updated appliances, outside AC, programmable thermostat & lighting. There is a full bath & an additional 1/2 bath for your convenience. The main floor laundry is so handy & the back entrance opens to a perfect office or craft room. Other updates include 2012 roof & siding. Home sits on an alley for easy garage & off street parking access. Covered front porch just needs your swing! There is a full basement under the original house; the back addition does not have a basement. Additional parking is located next to the 20 x 24 detached garage.

Last Agent to Sell the Property

Angie Zahn

Strano & Associates License #471001726 Listed on: 12/07/2020

Last Buyer's Agent

Shawn Ferguson

Coldwell Banker Brown Realtors License #475.184504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1913

Lot Details

  • 7,971 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Partial Basement
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04-30.0-217-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Cross Street: Lincoln
  • Municipality Township: O'Fallon
  • Special Areas: Living Room, Main Floor Laundry
  • Special Description: Owner Occupied
  • Age: 108
  • Ownership: Private
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Dining Room: Kitchen/Dining Combo
  • Interior Amenities: Open Floor Plan
  • Kitchen: Eat-In Kitchen, Solid Surface Counter
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Misc Features: High Spd Connection, Near Public Trans, Porch-Covered
  • Total Living Area: 1168.00
  • Windows/Doors: Some Storm Windows
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven-Gas, Refrigerator, Washer
  • Bathrooms: 2.00
  • Bedrooms: 2.00
  • Room Cnt: 8
  • Square Footage: 1168
  • Total Full Baths: 1
  • Total Half Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Size: 20 x 24
  • Garage Spaces: 2
  • Parking: Detached, Garage Door Opener, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, Central-Electric
  • Heating: Forced Air

Schools

  • School District: O Fallon DIST 90
  • Elementary School: OFALLON DIST 90
  • Middle School: OFALLON DIST 90
  • High School: OFallon
  • Elementary School: OFALLON DIST 90
  • Junior High School: OFALLON DIST 90
  • School District: O Fallon DIST 90
  • Senior High School: OFallon

Lot Info

  • Lot Description: Streetlights
  • Lot Dimensions: 50x150
  • Lot Sq Ft: 7971
  • Acres: 0.1830

Tax Info

  • Taxes Paid: 2281
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 04-30.0-217-030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 21, 2021
Sold by
Lamar Emily and Lamar Justin
Bought by
Ferguson Michael
Seller's Agent
Angie Zahn
Strano & Associates
Buyer's Agent
Shawn Ferguson
Coldwell Banker Brown Realtors
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$203,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,496
Avg. Annual Appreciation
6.50%
Original Mortgage
$147,283
Outstanding Balance
$131,842
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$69,217

Purchase Details

Closed on
Feb 5, 2008
Sold by
Hayes Gerald D and Hayes Jeannine E
Bought by
Hayes Gerald D and Hayes Jeannine E

Purchase Details

Closed on
Aug 31, 2007
Sold by
Rhodes Michael and Rhodes Michael J
Bought by
Hayes Gerald D and Hayes Jeannine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2005
Sold by
Rieckenberg Dorothy V
Bought by
Rhodes Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $150,000 Professional Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $91,000 Chicago Title
Warranty Deed $88,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,283 FHA
Closed $147,283 FHA
Previous Owner $72,800 New Conventional
Previous Owner $70,000 New Conventional
Previous Owner $55,000 Unknown
Previous Owner $55,000 Purchase Money Mortgage
Previous Owner $83,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $150,000 0.0% $128 / Sq Ft
12/07/2020 12/07/20 For Sale $150,000 +64.8% $128 / Sq Ft
08/29/2014 08/29/14 Sold $91,000 -23.8% $78 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $119,500 -- $102 / 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 $2,903 $45,823 $4,626 $41,197
2023 $3,081 $40,670 $4,106 $36,564
2022 $2,914 $37,391 $3,775 $33,616
2021 $2,374 $35,902 $3,787 $32,115
2020 $2,348 $33,984 $3,584 $30,400
2019 $2,281 $33,984 $3,584 $30,400
2018 $2,208 $32,997 $3,480 $29,517
2017 $2,225 $32,178 $3,630 $28,548
2016 $2,215 $31,427 $3,545 $27,882
2014 $691 $31,064 $3,504 $27,560
2013 $725 $31,474 $3,449 $28,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20083537

MARIS MLS

APN: 04-30.0-217-030