$72,460
SOLD OCT 3, 2024

503 S 16th St Belleville, IL 62220

2 Beds
1 Bath
1,198 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

19% Below List Price

10 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2025

A great starter property or investment opportunity for your rental portfolio! This two bedroom ranch has a living room, two bedrooms (both already have part of a bedroom set that stays with the home), full bath, and eat in kitchen. The full basement is great for storage and there is even more space in the one car detached garage off the alley! Property sold as is and seller will not perform any inspections.

Last Agent to Sell the Property

Cari Brunner

RE/MAX Preferred License #475130898 Listed on: 08/27/2024

RE/MAX Preferred

Last Buyer's Agent

Cari Brunner

RE/MAX Preferred License #475130898 Listed on: 08/27/2024

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1948

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Side or Rear Entrance to Parking
  • Gravel Driveway

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 08-20.0-419-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,623

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Directions: South Belt West to S 16th
  • Property Sub-Type: Residential
  • Lot Size Acres: 0.16
  • Co List Office Phone: 6242111
  • Subdivision Name: Twelve Oaks
  • Above Grade Finished Sq Ft: 1198
  • Architectural Style: Other
  • Carport Y N: No
  • Unit Levels: One
  • Age: 76
  • Style Description: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Fireplace Location: None

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Alley Access, Detached, Rear/Side Entry
  • Driveway: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High Dist: Belleville DIST 118
  • High School: Belleville High School-West
  • Middle Or Junior School: BELLEVILLE DIST 118

Lot Info

  • Lot Dimensions: .16
  • Lot Size Sq Ft: 6970
  • Parcel Number: 08-20.0-419-019

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2623
  • Prop Asses Cty Tx: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jan 2, 2025
Sold by
Morris Zachary
Bought by
Mirza Daryl
Seller's Agent
Cari Brunner
RE/MAX Preferred
Buyer's Agent
Jayden Renner
Real Broker LLC
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Views
15
Current Estimated Value
$108,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,591
Avg. Annual Appreciation
-2.57%

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 3, 2024
Sold by
Thompson Properties Llc
Bought by
Morris Zachary
Seller's Agent
Cari Brunner
RE/MAX Preferred
Buyer's Agent
Cari Brunner
RE/MAX Preferred
List Price
$89,900
Sold Price
$72,460
Premium/Discount to List
-$17,440
-19.4%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
431.10%
Original Mortgage
$57,968
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2015
Sold by
Thompson Kathleen M
Bought by
Thompson Properties Llc
Source: Public Records

Similar Homes in the area

  • 514 S 6th St, Belleville, IL 62220

    $86,900

    • 3 Beds
    • 1 Bath
    • 1,078 Sq Ft
    • 514 S 6th St
    • Belleville, IL

    This adorable bungalow is ready for you to more right in! Clean and bright, this home is a perfect fit for those who want main floor living, or for that savvy investor looking to expand their offerings.New in 2022:FurnaceHot Water HeaterElectrical Panel

    JT Ross Keller Williams Marquee

    Section Image
  • 521 E A St, Belleville, IL 62220

    $82,000

    • 3 Beds
    • 2 Baths
    • 806 Sq Ft
    • 521 E A St
    • Belleville, IL

    This home has charm and curb appeal. Purchased to rehab, much work has been completed but seller has relocated so here is your opportunity to finish up this project in an area of town where many homes are being brought back to their glorious lustre.

    Susan Thomas Tarrant and Harman Real Estate and Auction Co

    Section Image
  • 2512 Dutch Hollow Rd, Belleville, IL 62223

    $80,000

    • 3 Beds
    • 1 Bath
    • 1,820 Sq Ft
    • 2512 Dutch Hollow Rd
    • Belleville, IL

    This charming 3-bedroom, 1-bath home is priced right and being sold as-is, offering great value for homeowners and investors alike. Inside, you'll find an additional private dining room on the main level, currently being used as a 4th bedroom (please note: it does not include a closet).Upstairs, enjoy two spacious bedrooms that offer plenty of natural light and comfort.So many new

    Richard Swain Keller Williams Marquee

    Section Image
  • 1406 Raab Ave, Belleville, IL 62220

    $85,000

    • 4 Beds
    • 2 Baths
    • 1,170 Sq Ft
    • 1406 Raab Ave
    • Belleville, IL

    Discover the potential in this spacious 4-bedroom, 2-bath home, located just minutes from the heart of downtown Belleville. This property offers beautiful hardwood floors throughout, a separate dining area perfect for gatherings, and plenty of room to make it your own. While the home needs a bit of TLC, it’s a fantastic opportunity for buyers looking to add personal touches and build equity.

    Megan Schobert Keller Williams Pinnacle

    Section Image
  • 627 S 19th St, Belleville, IL 62226

    $80,000

    • 2 Beds
    • 1 Bath
    • 964 Sq Ft
    • 627 S 19th St
    • Belleville, IL

    2 bedroom / 1 bathroom rental property for sale. Some updates included new roof, furnace and central AC in 2015 and hot water heater in 2023. Home has a detached garage with power. Lease expires in September and then could be used by an owner occupant or continue using it as a rental. Seller is selling property in as is condition and will not do any municipal inspections, repairs or updates.

    Michael Sintzel AH Realty Advisors, LLC

    Section Image
  • 49 Dianne Dr, Belleville, IL 62220

    $68,900

    • 3 Beds
    • 1.5 Baths
    • 1,152 Sq Ft
    • 49 Dianne Dr
    • Belleville, IL

    ***MULTIPLE OFFERS/HIGHEST AND BEST OFFER DUE TUESDAY 07/22/2025 AT 1:00 PM. 3 BEDROOM, 2 BATH, DINING ROOM, FAMILY ROOM WITH FIREPLACE, FULL BASEMENT, ATTACHED GARAGE, FENCED YARD, COVERED PATIO, SHED! THIS ONE HAS IT ALL! CLOSE TO SHOPPING, HIGHWAY ACCESS. CALL TODAY TO SEE Agents must register as a User, enter the property address, and click on “Start Offer”.This property may

    Christine Hayes Southern Realty LLC Collinsville

    Section Image
  • 500 S 29th St, Belleville, IL 62226

    $67,999

    • 4 Beds
    • 1 Bath
    • 480 Sq Ft
    • 500 S 29th St
    • Belleville, IL

    Character and CharmThis home is all the character and charm you are looking for.This tiny but mighty home is bigger than you think when you come inside. The living room has a fireplace, the hallway has built in storage, the kitchen has built in laundry, upstairs has separate but large bedrooms and downstairs has a bonus bedroom or extra living room. This property is perfect for you next home or

    AnnaMarie Cook Turnbow Real Estate Services, Inc.

    Section Image
  • 920 S 6th St, Belleville, IL 62220

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,380 Sq Ft
    • 920 S 6th St
    • Belleville, IL

    Charming 1.5 story home perfect for investors or DIY enthusiasts! This cozy 3 BR/ 1 BA gem, just waiting for the right buyer to give it some TLC. Located within walking distance to schools, parks, and public transportation, and only minutes from highway access, this home offers convenience and potential. Welcome inside and you?ll find beautiful hardwood floors throughout the main level, including

    Monica Mahtani Coldwell Banker Brown Realtors

    Section Image
  • 224 Brackett St, Swansea, IL 62226

    $60,000

    • 2 Beds
    • 1 Bath
    • 1,387 Sq Ft
    • 224 Brackett St
    • Swansea, IL

    Welcome to 224 Brackett in Swansea IL. Conveniently located near Restaurants, Shopping, the North End City Park and Melvin Price Park. What a great location! Large Yard with off street parking. This home is being sold AS IS, making it the perfect opportunity for you! Ready to give a home a lil TLC? This one is for you! Main level features a large kitchen, full bathroom, living room/dining room

    Chad Doyle RE/MAX Preferred

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $110,000 Town & Country Title
Warranty Deed $72,500 Town & Country Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,968 New Conventional
Previous Owner $354,521 No Value Available
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $110,000 -4.3% $92 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $115,000 +4.5% $96 / Sq Ft
12/12/2024 12/12/24 Off Market $110,000 -- --
10/03/2024 10/03/24 Sold $72,460 -19.4% $60 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $89,900 -- $75 / 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
2023 $2,623 $27,945 $3,429 $24,516
2022 $2,408 $25,158 $3,087 $22,071
2021 $2,319 $23,258 $2,854 $20,404
2020 $2,254 $21,994 $2,699 $19,295
2019 $2,339 $22,577 $2,703 $19,874
2018 $2,287 $22,089 $2,645 $19,444
2017 $2,269 $21,933 $2,626 $19,307
2016 $2,241 $21,467 $2,570 $18,897
2014 $2,210 $23,896 $3,056 $20,840
2013 -- $24,238 $3,100 $21,138
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS24053830

MARIS MLS

APN: 08-20.0-419-019