NOT LISTED FOR SALE

503 N Combs Ave Collinsville, IL 62234

Estimated Value: $202,000 - $224,000

Studio
2 Baths
1,800 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $152,500 $85 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,480/month

57 Days on Market

About This Home

As of December 2020

Incredible investment opportunity both sides our rented for $750. Built in 2005 property is in excellent shape. Eat in kitchen, living room, bath, and two bedrooms. Call for your private showing today.

Last Agent to Sell the Property

Andy Robinson

Keller Williams Marquee License #475148087 Listed on: 10/07/2020

Keller Williams Marquee

Co-Listed By

Mike Kirksey

Re/Max Alliance License #475140761

Last Buyer's Agent

Chad Davis

Coldwell Banker Brown Realtors License #471.022112

Coldwell Banker Brown Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • Vinyl Siding

Schools

  • Collinsville Dist 10 Elementary And Middle School
  • Collinsville High School

Utilities

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

Additional Features

  • Patio
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 13-2-21-28-18-303-004

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 15
  • Ownership: Private
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Patio
  • Square Footage: 1800

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • Elementary School: COLLINSVILLE DIST 10
  • Junior High School: COLLINSVILLE DIST 10
  • School District: Collinsville DIST 10
  • Senior High School: Collinsville

Lot Info

  • Lot Dimensions: 126x131 IRR
  • Lot Sq Ft: 7405
  • Acres: 0.1700

Rental Info

  • Tenancy Type: None
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 18000.00
  • Total Expenses: 300.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 3552
  • Assessor Parcel Number: 13-2-21-28-18-303-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Hughes Adam
Bought by
Hughes Realty Group Llc
Current Estimated Value
$212,333

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 4, 2020
Sold by
Mounts Robert A
Bought by
Hughes Adam
Seller's Agent
Andy Robinson
Keller Williams Marquee
Buyer's Agent
Chad Davis
Coldwell Banker Brown Realtors
List Price
$160,000
Sold Price
$152,500
Premium/Discount to List
-$7,500
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$332,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2016
Sold by
Mounts Jo Ann
Bought by
Mounts Robert Allen

Purchase Details

Closed on
Aug 17, 2005
Sold by
First Careamerica Corp
Bought by
Mounts Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
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
Hughes Realty Group Llc -- None Available
Hughes Adam $152,500 Abstracts & Titles
Mounts Robert Allen -- --
Mounts Robert A $15,000 Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Adam $332,500
Previous Owner Mounts Robert A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/04/2020 12/04/20 Sold $152,500 -4.7% $85 / Sq Ft
10/07/2020 10/07/20 For Sale $160,000 -- $89 / Sq Ft
Source: MARIS MLS

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 $4,351 $68,060 $7,200 $60,860
2023 $4,146 $62,990 $6,660 $56,330
2022 $4,146 $56,710 $5,960 $50,750
2021 $3,680 $53,280 $5,600 $47,680
2020 $4,060 $58,170 $5,340 $52,830
2019 $3,953 $56,180 $5,160 $51,020
2018 $3,718 $51,230 $4,870 $46,360
2017 $3,726 $50,210 $4,770 $45,440
2016 $3,924 $50,210 $4,770 $45,440
2015 $3,661 $48,910 $4,650 $44,260
2014 $3,661 $48,910 $4,650 $44,260
2013 $3,661 $48,910 $4,650 $44,260
Source: Public Records

Agents Affiliated with this Home

  • Andy Robinson

    Seller's Agent in 2020

    Andy Robinson

    Keller Williams Marquee

    (618) 444-0736

    45 in this area

    148 Total Sales

    Andy Robinson
    Section Image
  • Mike Kirksey

    Seller Co-Listing Agent in 2020

    Mike Kirksey

    RE/MAX

    (618) 304-4724

    22 in this area

    70 Total Sales

    Mike Kirksey
    Section Image
  • Chad Davis

    Buyer's Agent in 2020

    Chad Davis

    Coldwell Banker Brown Realtors

    (618) 799-3496

    7 in this area

    41 Total Sales

    Chad Davis
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS20073545

MARIS MLS

APN: 13-2-21-28-18-303-004

Illinois Madison County Collinsville 62234

503 N Combs Ave, Collinsville, IL

Not Listed for Sale

MultiFamily

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.

MARIS MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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