NOT LISTED FOR SALE

3638 State Route 162 Granite City, IL 62040

Horseshoe Lake Neighborhood

Estimated Value: $212,000 - $249,000

-- Bed
-- Bath
1,836 Sq Ft
$123/Sq Ft Est. Value

About This Home

This home is located at 3638 State Route 162, Granite City, IL 62040 and is currently estimated at $225,333, approximately $122 per square foot. 3638 State Route 162 is a home with nearby schools including Granite City High School, Rivers of Life Christian School, and Metro East Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Linkeman Dennis C
Bought by
Jethrows Mini Storage Inc
Current Estimated Value
$225,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$419,309
Interest Rate
7%
Mortgage Type
Commercial
Estimated Equity
-$193,976
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Jethrows Mini Storage Inc $525,000 Community Title & Escrow Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jethrows Mini Storage Inc $420,000
Source: Public Records

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 $1,350 $20,680 $9,700 $10,980
2023 $1,350 $18,010 $8,450 $9,560
Source: Public Records

Map

Illinois Madison County Granite City 62040 Horseshoe Lake

3638 State Route 162, Granite City, IL

This home is located at 3638 State Route 162, Granite City, IL 62040 and is currently estimated at $225,333, approximately $122 per square foot. 3638 State Route 162 is a home with nearby schools including Granite City High School, Rivers of Life Christian School, and Metro East Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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