NOT LISTED FOR SALE

4072 Bruene Ave Unit 74 Granite City, IL 62040

Pontoon Beach Neighborhood

Estimated Value: $88,000 - $142,000

-- Bed
2 Baths
-- Sq Ft
7,013 Sq Ft Lot

Last Sold March 15, 2018

Last sale price $58,000

Est. 87% increase in value since last sale

Current estimated payment $746/month

162 Days on Market

About This Home

As of March 2018

Great investment opportunity! Duplex all on one level. Shows a wonderful CAP rate and great cash on cash return. Seller would prefer to sell this building with his others at 4068, 4064, 4069, and 4077 Bruene!

Last Agent to Sell the Property

Jonathan Woelfel

Black Paw Real Estate LLC License #2014020401 Listed on: 10/02/2017

Last Buyer's Agent

Chris Campbell

Worth Clark Realty License #475159919

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,744

Year Built

  • 1969

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 70 x 100

Home Design

  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,744

Year Built

1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Age: 48
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

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

Schools

  • School District: Granite City DIST 9
  • Elementary School: GRANITE CITY DIST 9
  • Middle School: GRANITE CITY DIST 9
  • High School: Granite City

Lot Info

  • Lot Dimensions: 70 x 100
  • Lot Sq Ft: 7013
  • Acres: 0.1610

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Gross Operating Income: 12480.00
  • Units: 2
  • Total Expenses: 1620.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Moradi Properties Llc
Bought by
Realpro Properties Llc
Current Estimated Value
$108,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$363,254
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
-$251,254

Purchase Details

Closed on
Jun 13, 2018
Sold by
Southern Oak Properties Llc
Bought by
Moradi Properties Llc

Purchase Details

Listed on
Oct 2, 2017
Closed on
Mar 12, 2018
Sold by
Stump Scott A and Stump Shelly A
Bought by
Southern Oak Properties Llc
Seller's Agent
Jonathan Woelfel
Black Paw Real Estate LLC
Buyer's Agent
Chris Campbell
Worth Clark Realty
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Apr 29, 2008
Sold by
Bryant Paul D and Bryant Betty K
Bought by
Stump Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Realpro Properties Llc $510,000 Community Title & Escrow
Moradi Properties Llc -- Madison Title
Southern Oak Properties Llc $290,000 Serenity Title
Stump Scott A $110,000 Pontoon Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Realpro Properties Llc $408,000
Previous Owner Stump Scott A $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $58,000 -10.8% --
03/14/2018 03/14/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $65,000 -- --
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 $1,744 $26,700 $3,780 $22,920
2023 $1,744 $23,250 $3,290 $19,960
2022 $1,768 $21,110 $2,990 $18,120
2021 $1,638 $20,060 $2,840 $17,220
2020 $1,590 $19,410 $2,750 $16,660
2019 $754 $8,930 $2,660 $6,270
2018 $739 $8,420 $2,510 $5,910
2017 $716 $8,420 $2,510 $5,910
2016 $761 $8,420 $2,510 $5,910
2015 $1,212 $14,540 $2,510 $12,030
2014 $1,212 $14,540 $2,510 $12,030
2013 $1,212 $14,950 $2,580 $12,370
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jonathan Woelfel

    Black Paw Real Estate LLC

    (314) 677-6000

    43 Total Sales

    Section Image

  • C

    Buyer's Agent in 2018

    Chris Campbell

    Worth Clark Realty

    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS17079161

MARIS MLS

APN: 17-2-20-10-12-201-028

Illinois Madison County Granite City 62040 Pontoon Beach

4072 Bruene Ave Unit 74, Granite City, IL

This home is located at 4072 Bruene Ave Unit 74, Granite City, IL 62040 since 02 October 2017 and is currently estimated at $112,000. This property was built in 1969. 4072 Bruene Ave Unit 74 is a home located in Madison County with nearby schools including Granite City High School, St. Elizabeth Elementary School, and Metro East Montessori School.

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