NOT LISTED FOR SALE

3407 Franklin Ave Granite City, IL 62040

Estimated Value: $111,654 - $137,000

3 Beds
1 Bath
1,026 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $23,500 $23 Per Sq Ft

Est. 446% increase in value since last sale

Current estimated payment $791/month

120 Days on Market

About This Home

As of October 2015

Nice size lot, attached garage, spacious rooms, hardwood floors, and fireplace. Located close to Frohardt School, Brown Recreation Center, Bus Line, and Shopping. HUD CASE #132-263664 Visit www.hudhomestore.com for bidding information, escrow and property condition report. Buyer responsible for verifying all MLS information including but not limited to taxes, sq. feet, lot size, utility easements, school districts and features of home. Property being sold as is where is with no warranties or representations. Back up offers will not be accepted on this property upon contract cancellation if the condition should change due to vandalism, flooding or other instances of substantial damage. âPlumbing failed to hold pressure at time of initial inspection please see HUD PCR report for details.â WATER CAN NOT BE ACTIVATED FOR INSPECTIONS

Last Agent to Sell the Property

Tina Besserman

Century 21 Bailey & Company License #471001445 Listed on: 06/09/2015

Century 21 Bailey & Company

Last Buyer's Agent

John Royce

Royce Realty Inc License #471009632

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,378

Year Built

  • 1951

Lot Details

  • 7,841

Parking

  • 1 Car Garage

Interior Spaces

  • 3 Main Level Bedrooms
  • 1,026 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 60 x 130
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,378

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Municipality Township: Granite City
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Basement: Full
  • Main Level Bedrooms: 3
  • Sitting Room: BRW
  • Total Living Area: 1026.00

Exterior Features

  • Roof: Asphalt Shingle
  • Exterior Features: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Dimensions: 60 x 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Oct 26, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Heiser Patricia
Seller's Agent
Tina Besserman
Century 21 Bailey & Company
Buyer's Agent
John Royce
Royce Realty Inc
List Price
$50,000
Sold Price
$23,500
Premium/Discount to List
-$26,500
-53%
Current Estimated Value
$128,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,914
Avg. Annual Appreciation
18.49%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Rankin Jesse
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 17, 2011
Sold by
Connolly Mason P and Connolly Jennifer A
Bought by
Rankin Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,972
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2007
Sold by
Connolly Jennifer A
Bought by
Connolly Mason P and Connolly Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Heiser Patricia -- Pontoon Title Company
The Secretary Of Housing & Urban Develop -- Premier Title
Rankin Jesse $80,000 Southern Illinois Real Estat
Connolly Mason P -- So Il Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rankin Jesse $77,972
Previous Owner Connolly Mason P $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2015 10/26/15 Sold $23,500 -53.0% $23 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $50,000 -- $49 / 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 $1,378 $21,810 $5,430 $16,380
2023 $1,378 $19,650 $4,890 $14,760
2022 $1,300 $18,000 $4,480 $13,520
2021 $1,125 $16,880 $4,200 $12,680
2020 $1,071 $16,120 $4,010 $12,110
2019 $1,006 $15,280 $3,800 $11,480
2018 $962 $14,830 $3,690 $11,140
2017 $944 $15,380 $3,830 $11,550
2016 $752 $7,830 $3,880 $3,950
2015 $2,012 $27,230 $3,880 $23,350
2014 $2,012 $27,230 $3,880 $23,350
2013 $2,012 $27,230 $3,880 $23,350
Source: Public Records

Agents Affiliated with this Home

  • Tina Besserman

    Seller's Agent in 2015

    Tina Besserman

    Century 21 Bailey & Company

    (618) 910-4300

    21 in this area

    38 Total Sales

    Tina Besserman
    Section Image

  • J

    Buyer's Agent in 2015

    John Royce

    Royce Realty Inc

    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS4408337

MARIS MLS

APN: 22-2-20-09-09-102-008

Illinois Madison County Granite City 62040

3407 Franklin Ave, Granite City, IL

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