NOT LISTED FOR SALE

331 S Buchanan St Edwardsville, IL 62025

Estimated Value: $280,000 - $312,000

4 Beds
2 Baths
2,240 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $265,000 $118 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,971/month

24 Days on Market

Highlights

  • Deck
  • Den
  • Stainless Steel Appliances
  • Columbus Elementary School Rated A-
  • Formal Dining Room
  • 5-minute walk to City Park

About This Home

As of April 2023

Beautifully renovated 2-story located in the center of town! This mixed-use property gives “work-from-home” a new meaning! Gorgeous, move-in ready home or could be a great opportunity for a small business/investment property w/ incredible visibility. Within walking distance to courthouse, businesses, parks, shops & restaurants in downtown Edwardsville. There’s ample space to conduct business or set up shop w/ the potential for 7 office suites, plus tons of storage space in the basement for supplies and stock. The main floor features a kitchen & 3 rooms (living, dining & office), all with beautiful, original folding doors. Open staircase leads to 4 bedrooms/offices & full bath w/ walk-in shower & jetted tub. Enjoy updates combined with historic charm! Modern light fixtures, neutral tile and a completely renovated kitchen complement the original wood floors & refinished moulding, antique doorknobs, built-in hutch & wardrobe. Agent-owned. Cash or Commercial loan only.

Last Agent to Sell the Property

Tara Riggs

RE/MAX Alliance License #475128797 Listed on: 01/17/2023

RE/MAX Alliance

Last Buyer's Agent

Kathy Malawy

RE/MAX Alliance License #471000298

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,286

Year Built

  • Built in 1930

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Historic Home

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Historic or Period Millwork
  • Wood Burning Fireplace
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Schools

  • Edwardsville Dist 7 Elementary And Middle School
  • Edwardsville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14-2-15-11-15-404-026.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,286

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 2 Story
  • Cross Street: Schwarz
  • Municipality Township: Edwardsville
  • Special Areas: 2 Story Entry Foyer, Den/Office, Entry Foyer
  • Special Description: No Exemptions
  • Age: 93
  • Ownership: Private
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Full, Unfinished
  • Dining Room: Separate Dining
  • Fireplace Location: Living Room
  • Fireplace Type: Woodburning Fireplce
  • Interior Amenities: Historic/Period Mlwk, Special Millwork, Some Wood Floors
  • Main Full Bathrooms: 1
  • Misc Features: Deck
  • Total Living Area: 2240.00
  • Appliances: Dishwasher, Range/Oven-Gas, Refrigerator, Stainless Steel Appliances
  • Bathrooms: 2.00
  • Bedrooms: 4.00
  • Room Cnt: 10
  • Square Footage: 2240
  • Total Full Baths: 2
  • Number Fireplaces: 1

Exterior Features

  • Architecture: Historic
  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Rear/Side Entry

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: EDWARDSVILLE DIST 7
  • Junior High School: EDWARDSVILLE DIST 7
  • School District: Edwardsville DIST 7
  • Senior High School: Edwardsville

Lot Info

  • Lot Description: Sidewalks, Streetlights
  • Lot Dimensions: 60 X 150
  • Lot Sq Ft: 9017
  • Acres: 0.2070

Tax Info

  • Taxes Paid: 4482
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 14-2-15-11-15-404-026.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Apr 7, 2023
Sold by
Sun Ridge Rentals Llc
Bought by
Obling Properties Llc
Seller's Agent
Tara Riggs
RE/MAX Alliance
Buyer's Agent
Kathy Malawy
RE/MAX Alliance
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
240
Current Estimated Value
$290,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,848
Avg. Annual Appreciation
3.70%
Original Mortgage
$212,000
Outstanding Balance
$206,247
Interest Rate
6.73%
Mortgage Type
Commercial
Estimated Equity
$84,601

Purchase Details

Closed on
Sep 24, 2020
Sold by
Oconnell Timothy H and Oconnell Nancy L
Bought by
Sun Ridge Rentals Llc
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
Obling Properties Llc $265,000 Abstracts & Titles
Sun Ridge Rentals Llc $150,000 Abstracts & Titles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obling Properties Llc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $265,000 0.0% $118 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $265,000 -3.6% $118 / Sq Ft
01/17/2023 01/17/23 For Sale $275,000 -- $123 / 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 $5,286 $74,040 $9,020 $65,020
2023 $5,286 $68,710 $8,370 $60,340
2022 $4,977 $63,520 $7,740 $55,780
2021 $4,482 $60,290 $7,350 $52,940
2020 $3,899 $58,420 $7,120 $51,300
2019 $3,492 $57,440 $7,000 $50,440
2018 $3,419 $54,860 $6,680 $48,180
2017 $3,311 $53,700 $6,540 $47,160
2016 $2,981 $53,700 $6,540 $47,160
2015 $2,810 $49,780 $6,060 $43,720
2014 $2,810 $49,780 $6,060 $43,720
2013 $2,810 $49,780 $6,060 $43,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23002705

MARIS MLS

APN: 14-2-15-11-15-404-026