NOT LISTED FOR SALE

502 S Chestnut St Collinsville, IL 62234

Estimated Value: $107,845 - $124,000

2 Beds
1 Bath
756 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $67,000 $89 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $714/month

60 Days on Market

Highlights

  • Deck
  • Backs to Trees or Woods
  • Combination Kitchen and Dining Room
  • Traditional Architecture
  • Accessible Parking

About This Home

As of October 2016

MOTIVATED SELLER HAS JUST REDUCED THE PRICE FOR THIS RECENTLY REFURBISHED FAMILY HOME! Cute two bedroom with all appliances, updated windows and off street parking are just a few of the features this home has to offer. Have your coffee every morning on the large deck off the master bedroom. Convenient location just off 159 with easy access to restaurants, shopping and walking distance to downtown make this ideal for the first time home buyer. Why pay rent when you can own your own home??

Last Agent to Sell the Property

Mary Lou Summy

RE/MAX Alliance License #475135282 Listed on: 08/26/2016

Last Buyer's Agent

Andrew Wilde

RE/MAX Alliance License #475128471

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • 1928

Lot Details

  • 0.43

Home Design

  • Traditional Architecture

Interior Spaces

  • 756 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Combination Kitchen and Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bathroom is a Full Bathroom

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Deck
  • Backs to Trees or Woods

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

1928

Lot Details

0

Listing Details

  • Cross Street: Church
  • Municipality Township: Collinsville
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven-Gas, Refrigerator, Washer
  • Basement: Unfinished
  • Dining Room: Kitchen/Dining Combo
  • Interior Amenities: 9' Ceilings
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Master Bed.: Full Bath
  • Misc Features: Deck
  • Total Living Area: 756.00

Exterior Features

  • Exterior Features: Vinyl Siding
  • Architecture: Traditional

Garage/Parking

  • Parking: Accessible Parking

Utilities

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

Lot Info

  • Lot Description: Backs to Trees/Woods
  • Lot Dimensions: 110 x 170 irr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Oct 26, 2016
Sold by
Lawrence Richard L and Lawrence Kristina R
Bought by
Fischer Dennis P
Seller's Agent
Mary Lou Summy
RE/MAX Alliance
Buyer's Agent
Andrew Wilde
RE/MAX Alliance
List Price
$79,900
Sold Price
$67,000
Premium/Discount to List
-$12,900
-16.15%
Current Estimated Value
$112,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,961
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Mar 11, 2008
Sold by
Lawrence Richard L
Bought by
Lawrence Richard L and Lawrence Kristina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fischer Dennis P $67,000 Abstracts & Titles
Lawrence Richard L -- Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawrence Richard L $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $67,000 -0.7% $89 / Sq Ft
10/13/2016 10/13/16 Price Changed $67,500 -8.2% $89 / Sq Ft
09/27/2016 09/27/16 Price Changed $73,500 -8.0% $97 / Sq Ft
08/26/2016 08/26/16 For Sale $79,900 -- $106 / 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 $1,420 $28,210 $7,200 $21,010
2023 $1,420 $26,110 $6,660 $19,450
2022 $1,324 $27,390 $5,960 $21,430
2021 $1,363 $25,730 $5,600 $20,130
2020 $1,295 $24,550 $5,340 $19,210
2019 $1,246 $23,710 $5,160 $18,550
2018 $1,077 $20,710 $4,870 $15,840
2017 $1,069 $20,290 $4,770 $15,520
2016 $1,117 $20,290 $4,770 $15,520
2015 $1,031 $19,770 $4,650 $15,120
2014 $1,031 $19,770 $4,650 $15,120
2013 $1,031 $19,770 $4,650 $15,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16060327

MARIS MLS

APN: 13-2-21-34-09-103-040